Business

The National Association of Automobile Manufacturers of South Africa has released new vehicle sales statistics for the month of May which show strong gains compared to the corresponding month last year. Aggregate Industry sales improved by 8

As SA grapples with the idea of a youth subsidy, an international report has recommended providing firms with such incentives to hire young people. But these must be designed to avoid negative side effects and the displacement of workers

The Nelson Mandela Bay Business Chamber has hailed Monday's agreement between Petro SA and Chinese state oil company, Sinopec. The Chamber says it is a significant milestone on the road to securing the Project Mthombo oil refinery investment in

The eurozone’s debt crisis will continue to dominate economic news this week. The potential for a Greek exit from the currency bloc and deteriorating conditions in Spain’s banking system have global markets on edge. Our Coverage

A price war has broken out in South Africa’s mobile industry. Within minutes of each other on Wednesday, Cell C and Vodacom both announced they were slashing the cost of prepaid call tariffs to 99c per minute. The timing of the

The country's mohair market is continuing its upward trend. Mohair South Africa says the fifth summer sale of 2012 saw the average market indicator improving by 6%, to break the R100 rand level once again. Competition amongst buyers was brisk

Johannesburg, May 15 (I-Net Bridge)- Local banking group Absa (ASA) and UK Trade and Investment, through the Micro Enterprise Development Organisation (MEDO), have signed a partnership agreement aimed at providing support to South African small and

Johannesburg, May 15 (I-Net Bridge) - South African maize futures ended mixed on Tuesday in lacklustre trade. The near-dated May 2012 white maize contract gained R3 to R2,055 per ton, July 2012 white maize lifted R8.20 to R2,047.20 per ton, and

Trade and Industry Minister, Rob Davies, has officially launched the Manufacturing Competitiveness Enhancement Programme. Speaking at the launch in Cape Town today, Davies said the incentive programme is one of the key action programmes of the