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Glencore
Reuters.

Optimum Coal Minie to cut operations

More than 1000 people will be without work if some operations at Optimum Coal Mine in Mpumalanga were closed, Glencore said.

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IDC boss library
INDEPENDENT NEWSPAPERS

Qhena gets another five years at IDC

The Industrial Development Corporation has retained Geoffrey Qhena as its CEO.

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br anglo
BLOOMBERG

Impairments under way as depressed prices hurt Anglo

Anglo American plans impairments because of low commodity prices even after the company with operations from Australia to Chile raised annual iron ore productio... Read Story

Browse Companies

Items 41 - 50 of 77

IBM denies report of mass layoffs
January 27 2015 at 06:25

Technology giant IBM has poured cold water on a report suggesting it plans to boot a quarter of its workforce.

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Qantas lifts base ticket prices
January 27 2015 at 06:24

Australia’s Qantas Airways will raise base ticket prices to compensate for the axing of a separate fuel surcharge.

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Budget Car Rental adopts new name
January 27 2015 at 04:58

Bidvest Car Rental, a subsidiary of listed Bidvest, will cease to operate as Budget car, van and truck rental in southern Africa effective from tomorrow and trade in future as Bidvest Car Rental.

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PPC shares hit 20-year low
January 27 2015 at 04:57

Shares in PPC slumped to a long-term low yesterday after the listed cement and lime producer issued a profit warning while six new board directors were elected.

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Infrastructure: Stanlib sets up R1.2bn fund
January 27 2015 at 04:53

Stanlib Asset Management has introduced a R1.2 billion private equity fund to address a shortage of funding for infrastructure projects across sub-Saharan Africa.

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Petra fades in soft diamond market
January 27 2015 at 04:52

Petra Diamonds warned yesterday that full-year results would come in below analysts’ average forecasts, citing the impact of softness in the diamond market.

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Minerals: Zuma finds fault with bill
January 27 2015 at 04:51

The controversial Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill was sent back because it did not pass constitutional muster, President Jacob Zuma’s office said yesterday.

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Draghi’s plan seen offering Sappi bonds a boost
January 27 2015 at 04:48

European Central Bank president Mario Draghi’s plan for fresh stimulus is offering investors a chance to buy South African papermaker Sappi’s bonds, which have underperformed the market.

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Old Mutual: Further 37.3% stake in UAP bought
January 27 2015 at 04:44

Old Mutual had bought another 37.3 percent in UAP Holdings, it said yesterday, taking its stake in the Kenyan insurer to 60.7 percent.

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SAB trailers burnt out at depot
January 26 2015 at 18:15

SA Breweries is investigating a mysterious blaze at its premises on La Belle Road in Stikland.

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Items 41 - 50 of 77