Thu, 23 May 2024
22.7 C
Durban
Home Business Management Finance & Investment

Finance & Investment

American e-commerce giant opens .co.za operation

ON Tuesday 7 May, Amazon announced the launch of Amazon.co.za, providing customers in South Africa with a new online shopping experience. Available by either...

Mbhashe LG Mall’s abstract geometric patterns a distinctive feature

CONSTRUCTION on Mbhashe LG Mall in Mbhashe, Eastern Cape, has begun. The new rural retail centre will open in early 2025. Mbhashe LG Mall...

Labour Activation Programmes tap into UIF to fund thousands of EC jobs

THE Department of Employment and Labour, through the Unemployment Insurance Fund (UIF), has entered partnerships exceeding R1.9 billion over three years with private businesses,...

Tax ‘lacuna’ stalls bunkering boom

THE South African Revenue Service (SARS), estimates that the fiscus has lost R7 billion due to offshore bunkering operators’ non-compliance with the rules of...

East London learner jets off to Beijing science competition

CUTTING-EDGE research projects by local young scientists will compete against other high-tech studies at this year’s Beijing Youth Science Creation Competition (BYSCC) in China,...

East London dealership scoops prestigious overall DOTY award

DAIMLER Truck Southern Africa hosted its Dealer of the Year awards, to recognise dealers and general distributors for their 2023 performance. The theme for...

Two major shopping malls in the EC sold in multi-billion rand property deal

TWO of the Eastern Cape’s largest shopping centres - Baywest Mall in Nelson Mandela Bay and Hemingways Mall in Buffalo City have changed hands. The...

Chicken imports rising again in 2024

CHICKEN import volumes rose by 11% in 2023, ending four years of annual decreases since imports peaked in 2018. Further increases were recorded in...

Large-scale wind farm project breaks ground in EC

ENEL Green Power South Africa has started construction of three new wind farms in the Eastern Cape - Impofu East, Impofu West, and Impofu...

Chinese motor plant starts production of family SUV

THE Beijing Auto Industrial Corporation (BAIC) plant at Coega Industrial Development Zone has started operations, according to a news update posted on the company’s...

CIPC hack has potentially serious consequences for SA organisations

THE South African Companies and Intellectual Property Commission (CIPC) holds the registration details of companies, co-operatives and intellectual property rights within a vast database...

Charting uncharted waters: A quintet of challenges for South Africa’s built environment

IN an era marked by unprecedented change and complexity, the "Global Risks Report 2024" by the World Economic Forum unfolds a sobering landscape of...

Most Read

Malaysian energy company’s share transfer creates a pan-African group

PETRONAS has sold its 74% shareholding in Engen to Vivo Energy. Engen and Vivo Energy announced the completion of the transaction on 21 May...

Truck heavyweight launches more electric options in SA

IN line with Daimler Truck’s global ambition to offer 100% CO2 neutral trucks and buses by 2050, DTSA introduced its first fully battery electric...

Construction of Coega automotive plant to begin ‘shortly’

STELLANTIS, the world’s third-biggest automotive manufacturer by volume, and South Africa’s largest development funder, the Industrial Development Corporation (IDC) have concluded key milestones that...

SA’s auto sector notes decline in exports, increase in (low) NEV sales

THE domestic automotive industry is celebrating the centenary of vehicle manufacturing in the country in 2024. In the Automotive Business Council (naamsa) Q1 2024...