Business

JSE-listed aviation company Comair says it will challenge Treasury's latest R5b guarantee to South African Airways. Treasury said on Tuesday that the guarantee would allow the national carrier to borrow from the financial markets, thus ensuring

 The Goodfellas Group has expanded its physical infrastructure with the unveiling of its new R15m facility off Willow Road in Port Elizabeth. The 270 seat Administration and Customer Contact Centre building boasts the latest ICT

Consumer Price Inflation in rose slightly in August. Statistics South Africa says the headline inflation rate for all urban areas in August was 5%. It says this rate was 0.1 of a percentage point higher than the corresponding annual rate of 4

The wool market was stronger at this week's sale with Cape Wools merino indicator gaining 2.7% to close at R88.58 p/kg for clean wool. Cape Wools spokesperson, Ona Viljoen, says the market was in line with the Australian market where the

Business confidence improved last month, the SA Chamber of Commerce and Industry (Sacci) said on Thursday. Releasing its latest business confidence index (BCI), Sacci said the improvement, despite events in the mining industry, reflected the

 Wool prices declined at this week's sale on the back of ongoing concerns about the global economy and the slow-down in economic activity in China. Cape Wools Merino indicator shed 2.4% compared with the previous week to close the day at R86

The second sale of the 2012 winter mohair season produced a poor showing. Mohair South Africa says just 69% of the large offering of more than 179,000 kg on offer was sold. In its latest report Mohair SA said its market indicator eased on

New vehicle sales continued to grow steadily in August, the National Association of Automobile Manufacturers of SA (Naamsa) said on Tuesday. "New vehicle sales... maintained the steady growth trend of the first seven months of 2012,"

 British banking group Barclays has advised shareholders that it is in talks with Absa to merge the majority of its Africa operations with the South African subsidiary. In a statement today, Barclays said this is expected to involve the