Eurozone economies including Greece have put a dampener on early optimism about South Africa’s recovery, as Europe remains the country’s biggest trading partner, BoE Private Clients said on Wednesday. The featured appeared on busrep.co.za and it quotes Daryll Owen, chief investment officer for BoE Private Clients. “Currently there are clear stresses in the system, evidenced ...
Blacks and women continue to be grossly under-represented in all directorships and top executive leadership positions in companies listed on the JSE. This is according to a survey by Business Unity SA (Busa) conducted on the demographic and age profile of the top management echelons of all 295 listed companies, which was conducted between April ...
Mercedes-Benz SA (MBSA) is facing a serious challenge from China, the US and possibly other countries over the contracts to produce the successor to the C-Class. Hansgeorg Niefer, MBSA’s president and chief executive, said yesterday it would be “extremely difficult” for MBSA and East London if the company was not awarded the contract to produce ...
New vehicle sales have surged for the second month in a row, supporting evidence that consumer spending is on the mend as the economic recovery gathers momentum. Overall sales leapt 16,2% in the year to last month, accelerating from a 12% increase in January, as demand for passenger cars climbed, an industry body said yesterday. ...
by Sibusiso Ndebele Minister of Transport and chairman of the infrastructure development cluster Early this week during the infrastructure development cluster media briefing, we announced the government’s plans to improve and expedite infrastructure to boost social and economic development. As signs of economic recovery are showing, we need to make the best out of our infrastructure ...
