Business

The Port of Ngqura was "the fastest growing port in the world" over the 12 months to February this year, Transnet Port Terminals CEO Karl Socikwa said on Wednesday. Speaking at the inaugural Eastern Cape Ports and Maritime Conference in

 The Coega Industrial Development Zone received another investment boost on Wednesday with the turning of the sod for a R300m air separation plant. Air Products South Africa says the new facility, to be commissioned in the second half of

 Informal traders, whom the Department of Trade and Industry says will benefit from its controversial draft Licensing of Businesses Bill, say they do not support it. Chairperson of the South African Informal Traders Alliance, Thabiso Pita

Mobile telecommunications company Vodacom has been judged to have the best reputation of South Africa's top 20 Johannesburg Stock Exchange-listed companies. The Reputation Institute says Vodacom scored 74.17 out of a possible 100 points in the

 The Eastern Cape Development Corporation is increasing its efforts to secure a greater share of the national export market to the east. This, as it prepares to place seven local companies on a 30-month permanent trade fair in Ningbo, China

 A fifth project could soon be under construction in the Coega Industrial Development Zone. Metrominute reports that all the requirements are now in place for a start to the construction of premises to be occupied by an investor who will

 The SA Chamber of Commerce and Industry says business confidence remained fragile and in decline last month. The Business Confidence Index sank from 93 in February 2013 to 90.4 in March -- its lowest level since April 2000. In March, the

 The wool market has once more benefited from a weak Rand. Cape Wools says its Merino indicator gained 1.9% on the previous week to close at R114.25 p/kg for clean wool on Wednesday. Spokesperson, Ona Viljoen, says the rand slid to its

 South Africans continue to experience immense pressure in their ability to service their debt. This is according to the latest FNB Household debt service risk index figures for the fourth quarter of 2012. FNB economist, John Loos says the