17 C
Port Elizabeth
Tuesday, September 27, 2016


All business related stories

Austrian company made R1.2 billion from SA tolling system

An Austrian company that won the bid to build and operate Gauteng's e-tolling system made R1.2 billion in one year from its South African...

Local capital to drive infrastructure

Local capital needs to be used to drive infrastructure, ANC MP Thaba Mufamadi said on Tuesday. "Instead on relying on public-private partnerships, more emphasis should...

Saru profits soar

A company restructuring process, increased sponsorships and a new broadcast rights deal all contributed to a significant increase in profit for rugby in 2011,...

Oil drops from near ten month high

Oil prices fell to below $108 a barrel Tuesday in Asia, slipping from near 10-month highs ahead of new data on the U.S. economy. Benchmark...

Stats SA: More jobs in the formal sector

Employment in the formal non-agricultural sector grew slightly between the third and fourth quarters of last year, Statistics SA said on Tuesday. The December 2011...
More support for Auto Sector: (From back left) Buffalo City Mayor, Zukiswa Ncitha, Nelson Mandela Bay Mayor Zanoxolo Wayile attended the launch of the Eastern Cape Automotive Cluster along with (front left) MEC Mcebisi Jonas and Minister of Trade and Industry, Rob Davies. Picture: Riaan Labuschagne

EC Automotive Cluster launched in Port Elizabeth

More support for Auto Sector: (Back left) Buffalo City Mayor, Zukiswa Ncitha and Nelson Mandela Bay Mayor Zanoxolo Wayile attended the launch of the...

Apple will pay out dividends and buy back billions of dollars of shares

Apple announced Monday it will spend part of its cash hoard to pay its first dividend to shareholders and buy back $10 billion in...

Chamber celebrates port of Ngqura launch

The Nelson Mandela Bay Business Chamber celebrated the official opening of the Port of Ngqura by President Jacob Zuma on Friday, together with the...

Britain braces for more austerity measures

Britain unveils an annual budget Wednesday that is likely to build on the coalition government's deficit-slashing austerity strategy, while also seeking to grow a...

Velvet Sky lays off staff

Troubled low-cost airline, Velvet Sky, has started to lay off staff as it battles with cash flow problems, SABC reported on Friday. When contacted by...


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