Business

 The seven major vehicle manufacturers in South Africa and a number of specialist truck producers will spend a projected R7.9 billion this year. The National Association of Automobile Manufacturers of South Africa said in a statement that

 The South African company, Comair, has placed a $830m order for eight next-generation Boeing 737 MAX aircraft. The Boeing aircraft company says in a statement on its website that the order was the first for Boeing 737 MAX-aircraft on the

The Department of Economic Development has welcomed an R18-billion proposed investment in the Eastern Cape by Chinese telecommunications infrastructure company DY-link. The investment announced at Coega on Monday has the possibility of creating

Eastern Cape investment company, African Pioneer, has taken a 22 percent stake in another home-grown company, Caltex Eastern Cape Marketers. The R15-million deal was announced today by African Pioneer's Stephen Dondolo and the CEO of Caltex

The SA Chamber of Commerce and Industry's (Sacci) 2013 annual survey shows a muted outlook for the year. However, there were better expectations, said Sacci CEO Neren Rau. "The escalating cost of doing business (including electricity

Eastern Cape Finance MEC, Pumulo Masualle, says the recent industrial action in the automotive manufacturing sector had dampened growth prospects in the province. Presenting his Medium Term Budget Policy Statement and Adjustment Budget in Bhisho

In amplification of the new vehicle sales statistics for the month of August, 2013 – released today for public consumption on the website of the Department of Trade & Industry - the Association commented that the August, 2013 new vehicle

 Volkswagen South Africa says it recorded its best monthly result in 2013 with sales of 10 613 units. In July 2013, 40 274 new passenger cars were sold in South Africa, an increase of 8.5% when compared to June 2013 and up by 6.4% against

The Mandela Bay Development Agency has appointed "highly experienced marketing executive Luvuyo Bangazi who has joined the agency from July as their Marketing and Communications Manager." MBDA says Luvuyo, an inaugural 2011 Top 40 under