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INDEPENDENT MEDIA

SAA revenue jumps 12 percent

SA Airways group revenue grew 12 percent to reach R30.3 billion, according to its financial results for the year 2013/2014.

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IOL miners feb 7
AP

Least mine fatalities ever in 2014

Eighty-four miners were killed last year, the lowest ever in SA’s mining history, Mineral Resources Minister Ngoako Ramatlhodi said.

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nampower screenshot
www.nampower.com.na

Nampower to start building gas-fired plant

Namibia Power Corporationis planning a $300 million gas-fired electricity plant venture.

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Items 51 - 60 of 82

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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Famous Brands: Shoprite partnership to grow sales
January 27 2015 at 04:37

Famous Brands, the South African owner of fast-food chains including Debonairs Pizza and Steers burgers, is in talks with supermarket operator Shoprite Holdings about expanding a partnership to Nigeria and Zambia.

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Items 51 - 60 of 82