Home / Business

Business

New Moloto railway to link Gauteng to Mpumalanga

A new railway line will finally be constructed along the notorious Moloto Road that links Mpumalanga to Gauteng. The Chinese government will invest R30 billion to develop the over 125 kilometre railway line. The money is part of the R800 billion investment by the Chinese to develop the continent’s transport …

Read More »

Rockwell swings into quarterly profit

Rockwell Diamonds on Wednesday reported a profit of $570,000 (Canadian) for the first quarter of fiscal 2017 after a loss of $5.2 million in the equivalent quarter last year on the back of further operational improvements. The diamond miner with listings in Toronto and Johannesburg reported last month that production …

Read More »

Gauteng hosts Planning Africa Conference 2016

The Gauteng city region, in partnership with the South African Planning Institute (SAPI), will host the 7th Planning Africa Conference at the Sandton Convention Centre in Johannesburg from Monday to Wednesday. The SAPI is a voluntary organisation of professional planners established in 1996. “The organisation promotes urban and regional planning …

Read More »

Afrox signs deal to increase LPG imports

South Africa’s African Oxygen Limited (Afrox) on Thursday said that it had signed “an import agreement” with Petredec Limited and Bidvest Tank Terminals to ensure security of supply of liquefied petroleum gas (LPG) for its customers in South Africa. Petredec Limited is one of the largest global LPG traders while …

Read More »

Starbucks opens first cafe in South Africa

Starbucks opens first cafe South Africa

Hundreds of coffee lovers queued early on Thursday as international chain Starbucks opened its first cafe in sub-Saharan Africa. The US-based global brand plans to open 12 to 15 more stores in South Africa over the next two years, with a long term plan of up to 150 outlets. “The …

Read More »