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Ellerines1
Independent Newspapers.

No bidders for bulk of Ellerine assets

Administrators implementing a rescue plan for African Bank Investments' (Abil) furniture business Ellerine have so far failed to find bidders for the bulk of th... Read Story

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Afrox mulls job cuts

Industrial gas supplier African Oxygen (Afrox) has launched a cost-cutting plan that could include job cuts.

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China hikes fuel consumption tax

China has announced a tax increase on gasoline and diesel fuel consumption in the first such hike since 2009.

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Browse Business Report

Items 1 - 10 of 353

Brait plans R26bn in acquisitions
November 28 2014 at 16:45

Brait is seeking investment targets for the 26.4 billion rand windfall it received from the sale of its stake in Pepkor.

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Oil plunges to four-year low
November 28 2014 at 16:53

Global oil prices plunged to yet another four-year low after the OPEC oil producing cartel decided to maintain crude output in an oversupplied market, dealers said.

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S&P downgrades Standard Chartered
November 28 2014 at 17:21

Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered for the first time in 20 years.

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China hikes fuel consumption tax
November 28 2014 at 17:24

China has announced a tax increase on gasoline and diesel fuel consumption in the first such hike since 2009.

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‘Oil reveals its wild side again’
November 28 2014 at 17:33

There is no way to know how long the wilder state might persist.

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Afrox mulls job cuts
November 28 2014 at 17:44

Industrial gas supplier African Oxygen (Afrox) has launched a cost-cutting plan that could include job cuts.

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S&P 500 down on oil rout
November 28 2014 at 17:51

US stocks were little changed, with major indexes on track for a sixth straight weekly advance in a holiday-shortened session.

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No bidders for bulk of Ellerine assets
November 28 2014 at 17:59

Administrators implementing a rescue plan for African Bank Investments' (Abil) furniture business Ellerine have so far failed to find bidders for the bulk of the assets.

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Rand falls to week low
November 28 2014 at 18:22

The rand fell to a week's low against the US dollar, losing ground after the trade deficit widened sharply in October.

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JSE stocks slide as Sasol tumbles
November 28 2014 at 18:29

South African stocks slid 1.6 percent, with petrochemicals firm Sasol tumbling after oil hit a four-year low.

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Items 1 - 10 of 353