Business

An NGO known as the New Economic Rights Alliance says it is suing the country's four major banks as well as the South African Reserve Bank. The organisation says papers have been filed in court and the banks, First Rand Bank, Absa, Standard Bank

 New vehicles sales for July reflect another encouraging performance according to the latest figures released by the National Association of Automobile Manufacturers of South Africa. Sales in all the major segments registered solid gains

Continental Tyre South Africa says it will provide support for comedian Mark Sampson's pioneering 'Africa Clockwise' expedition, which aims to circumnavigate the continent while raising awareness regarding a wide range of environmental issues and

Volkswagen South Africa has received another export boost, this time for additional engines for China. VWSA says its engine plant in Uitenhage will now be running at full capacity with three working shifts for the remainder of the year

Wesbank says the South African automotive industry has recorded a strong first half with growth of 10.46% year on year. However, the executive head of sales and marketing at Webank, Chris de Kock, says first half growth in 2012 was slower than

The Volkswagen brand locally and globally has never been in a stronger position than it is now. That's the word from VWSA Group managing director, David Powells, who was speaking at the official launch on Monday night of the Kelston Motor Group's

Mercedes Benz South Africa is to embark on a massive recruitment drive in anticipation of the production of the next generation C-Class vehicle in 2014. The company says approximately 800 successful applicants will undergo training and skills

A business delegation from Korea is in Nelson Mandela Bay to explore potential business and investment opportunities in the Metro. The delegation is from the company Korean Microwave Limited, which has interests in network communication, building

New vehicle sales recorded another solid performance with double digit growth reported in June. The National Association of Automobile Manufacturers of South Africa says aggregate domestic sales for the month improved year on year by 15.6