Feb 27, 2019 | Commerce & Trade, Government & Municipal, KZN Industrial & Business News, Property – Commercial & Industrial
IN a first of its kind event at Durban’s ICC recently, three leading property organisations joined forces with government with the aim of fast-tracking transformation in the multi-billion-rand sector in KwaZulu-Natal. The breakfast, hosted jointly by the South African...
Feb 27, 2019 | Commerce & Trade, Finance & Investment, Import / Export, KZN Industrial & Business News, SMME Development & Support
BALANCING business, personal and home life is essential for any entrepreneur, according to Tarryn Tait (pictured), founder of furniture company Colindale Trading and Online Basics Home. Tait’s own entrepreneurial journey started at 14 with a job at a Spur restaurant....
Feb 27, 2019 | Commerce & Trade, Finance & Investment, KZN Industrial & Business News
FNB has detected abnormally high volumes and disputes of suspicious debit orders with descriptors Procall and Mzansi in December 2018 and January 2019. In line with its standard practice, the Bank informs customers of new debit orders loaded on their bank accounts. In...
Feb 27, 2019 | Agriculture & Sugar, Commerce & Trade, Food & Beverage, Government & Municipal, KZN Industrial & Business News
SUGAR farmers have reacted with shock to Finance Minister Tito Mboweni’s decision to hike the sugar tax by 5.2 percent amidst an imminent industry collapse and extensive job losses. “There is no way of sugar coating this tax hike. It is a bitter pill for every...
Feb 20, 2019 | Commerce & Trade, EC Industrial & Business News, Forestry, Pulp & Paper, Import / Export, Packaging
IN a difficult operating climate, the resilience of Sappi’s, business and the benefits from the diversification of its product portfolio in recent years have paid off. That was the message from Chief Executive Officer Steve Binnie, commenting on the paper and pulp...
Feb 20, 2019 | Automotive, Commerce & Trade, EC Industrial & Business News, Finance & Investment, Plastics & Rubber
CONTITECH South Africa has increased its local empowerment ownership in South Africa, through the transformation of its shareholding to a 51% black and 31% black female South African ownership. “As a company we recognise that transformation is not only a moral...
Feb 20, 2019 | Commerce & Trade, EC Industrial & Business News, Electrical & Electronics, Harbour Infrastructure & Shipping, Import / Export, Manufacturing, Special Economic Zones
IN an effort to encourage growth in Foreign Direct Investment (FDI) flows for the Sub Saharan region, the Coega Special Economic Zone (SEZ) has dedicated much of its long-term strategy to focus on investment opportunities, which will secure a firm position for Africa...
Feb 20, 2019 | Commerce & Trade, EC Industrial & Business News, Finance & Investment, Government & Municipal
By Tertius Wessels THE National Minimum Wage Act (NMW) came into effect as of January 1, 2019. The act stipulates that all employees (save for farm workers, domestic workers and people employed through Extended Public Works Programme) are now entitled to earn no less...
Feb 20, 2019 | Commerce & Trade, EC Industrial & Business News, Finance & Investment, Transport & Logistics
SA Express will resume its operations between Johannesburg and Mthatha in the Eastern Cape starting tomorrow, Thursday 21 February 2019. The route was suspended on 25 January after the South African Civil Aviation Authority (SACAA) downgraded the Mthatha Airport...
