May 3, 2018 | Agriculture & Sugar, Commerce & Trade, Food & Beverage, KZN Industrial & Business News, SMME Development & Support
A strong agricultural background has helped a KwaDukuza couple turn their passion into a lucrative business. Mboneni and Hlengiwe Ngqotheni currently own two neighbouring farms that produce up to 10 000 tons of sugarcane and employ 30 permanent workers from the area....
Apr 25, 2018 | Business Tech, Commerce & Trade, EC Industrial & Business News, Finance & Investment
FIRST National Bank (FNB) has announced the launch a mobile bank account that allows unbanked and underbanked South African consumers to use a feature phone or a smartphone to open a bank account without ever walking into a branch. Called eWallet eXtra, it will have...
Apr 18, 2018 | Commerce & Trade, KZN Industrial & Business News
PREMIER Sayina Africa (PSA), a manufacturer and supplier of branded corporate signage (PSA), and Romano Signs have merged, creating the largest corporate signage company in sub-Saharan Africa. Sean Rogers, managing director of PSA, said, the two companies currently...
Apr 18, 2018 | Commerce & Trade, Disaster Management, Finance & Investment, Fire Protection, KZN Industrial & Business News, Property – Commercial & Industrial, Safety, Security
PROPERTY-related and business interruption losses as a result of fire and weather catastrophes have increased dramatically in South Africa, with 2017 having the highest underwriting losses on record. Insurers incurred material underwriting losses driven by major...
Apr 18, 2018 | Automotive, Business Tech, Commerce & Trade, EC Industrial & Business News, Food & Beverage, Petrochemicals, Transport & Logistics
THE fuel retail sector continues to grow in spite of the relatively sluggish economic growth in South Africa. According to the South African Petroleum Industry Association (SAPIA), this sector contributes 8.5% to the South African Gross Domestic Product (GDP). “There...
Apr 11, 2018 | Commerce & Trade, EC Industrial & Business News, Manufacturing
THE growing optimism about the South African economy was reflected in the Manufacturing Circle’s recently released 2017 fourth quarter investment tracker (MCIT). The quarterly index tracks investment trends in the manufacturing sector. The focus is on actual...
Apr 4, 2018 | Commerce & Trade, KZN Industrial & Business News
THE proposed inclusion of professional accountants into a schedule of the Financial Intelligence Centre Act (FICA), making them accountable institutions, will have major repercussions for the accountancy industry. That’s according to Faith Ngwenya, Technical Executive...
Apr 4, 2018 | Agriculture & Sugar, Commerce & Trade, KZN Industrial & Business News, Petrochemicals, SMME Development & Support, Transport & Logistics
THE big fuel price increases which came into effect at midnight yesterday will have a negative effect on small businesses, wiping out any relief brought by the recent interest rate cut, economists have warned. Motorists will now have to cough up 72 cents more per...
Mar 28, 2018 | Commerce & Trade, EC Industrial & Business News, Food & Beverage, Manufacturing
THE Nelson Mandela Bay Business Chamber recently hosted delegates from the Indonesian Trade Promotion Centre (ITPC) and Bay businesses in a bid to highlight opportunities, explore areas of collaboration, strengthen trading partnerships and showcase the Metro as an...
