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Barometer puts business interruption as top risk in the manufacturing sector

THE Allianz Risk Barometer 2024 has highlighted the top five risks facing the manufacturing industry, presenting urgent challenges that must be addressed to safeguard...

LPG set to move from RB terminal to Gauteng via rail

PETREDEC, a leading LPG value chain company, and Transnet announced a groundbreaking rail freight solution that is set to transform LPG distribution in South...

KZN development finance institution launches online applications

THE KZN Growth Fund Agency (KZNGFA) has completed the automation of its funding application process, culminating in the launch of an online application portal,...

Global resort at Tinley Manor on track for mid-2026 opening

CONSTRUCTION of Club Med's first Resort in South Africa is in full swing, and the excitement is building as it moves steadily toward its...

KZN delegation on a mission to attract regional air travel

KWAZULU-Natal, led by the Department of Economic Affairs, Tourism and Environmental Affairs and hosted by Durban Direct, is on a trade mission in Zimbabwe...

Industrial equipment supplier launches online store

SHUMANI Industrial Equipment launched its online store at the beginning of June 2024. Available through its website, this strategic move marks a pivotal moment...

Latest conveyor belt cleaning solutions on show

MATO Products is showcasing its latest product range and innovations in conveyor belt fasteners and cleaning systems at Electra Mining Africa, taking place from...

BRICS bank commits funds for local logistics and water projects

THE National Treasury welcomes funding commitments by the New Development Bank (NDB) to critical freight logistics and water projects. During the 9th Annual Meeting...

Modest GDP growth in 2Q could be just the start

AFTER a revised zero growth (0.0%) in 1Q 2024, the better news is that real GDP in South Africa grew by a modest 0.4%...

Tax implications of withdrawing from two-pot retirement system

THE South African Revenue Service (SARS) advises on the process and implications of making a withdrawal from pension funds through the two-pot system which...

Pieces of the auto sector recovery puzzle beginning to mesh

THE euphoria of positive sales growth for South Africa’s new vehicle market in July was short-lived. But WesBank CEO Ghana Msibi remains optimistic for...

eThekwini welcomes re-opening of Hilton Hotel

ETHEKWINI Municipality welcomed the re-opening of the Hilton Hotel Durban which closed in January 2021, saying that it will add to the luxury executive...

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UKZN institute’s new high-tech rocket launch gantry a first for SA

ENGINEERS at the University of KwaZulu-Natal’s Aerospace Systems Research Institute (ASRI) have commissioned a new suborbital sounding rocket launch facility at the Denel Overberg...

State-owned energy company formed by merged subsidiaries

A POLICY statement by President Cyril Ramaphosa has resulted in the formation of a new state-owned petroleum company, the South African National Petroleum Company...

Time is running out on the 125% solar tax incentive

BUSINESSES that act quickly can still take advantage of the substantial 125% income tax incentive available for solar energy projects completed and operational by...

Diversified packaging group disposes of assets, refinances

NAMPAK Limited, the largest diversified packaging company in Africa, issued an update on Monday on key company developments including the asset disposal program and...