2015年8月27日 星期四

2015-08-28 South Africa Business


Times LIVE
   
Volkswagen to spend $343 mln on South African factory revamp   
Reuters Africa
JOHANNESBURG Aug 27 (Reuters) - German carmaker Volkswagen plans to spend 4.5 billion rand ($343 million) to upgrade its factory in South Africa and improve its supplier base, it said on Thursday. Most of the money would be used to revamp its factory ...

Volkswagen Group SA to invest R4.5 billion   Moneyweb.co.za
VW South Africa to invest R4,5 billion to build new models at Uitenhage factory   Times LIVE
Volkswagen to invest R4.5bn in new models, Uitenhage factory   BDlive
Independent Online   
all 16 news articles »   


Reuters Africa
   
High-income shoppers boost South Africa retailer Woolworths' profit   
Reuters Africa
JOHANNESBURG (Reuters) - Woolworths, South Africa's largest retailer by market capitalisation, reported a 20.5 percent rise in full-year profit, boosted by sales at the Australian department store chain it bought last year and defying a tepid economy ...
Confident shoppers a boon for DJs: Ian Moir   The Australian
Woolies anounces strong results   iAfrica.com
Woolworths YTD sales surge as well-heeled defy hard times   eNCA
Bloomberg   
AllAfrica.com   
all 42 news articles »   


BDlive
   
Lonmin sees full-year cash costs below guidance   
Reuters Africa
JOHANNESBURG Aug 27 (Reuters) - South Africa-focused platinum producer Lonmin Plc said on Thursday it expected full-year underlying cash costs to stay below its guidance, indicating that its deep cost-cutting measures were beginning to bear fruit.
South Africa's platinum industry 'extremely ill' - Lonmin CEO   euronews
Lonmin CEO calls for decisive government action   Mining MX
Lonmin says 1400 jobs already gone as part of cost-cuts plan   City A.M.
Independent Online   
BDlive   
all 39 news articles »   


Independent Online
   
Muthambi forced to defend R600K US trip   
Independent Online
Parliament - Communications Minister Faith Muthambi was forced to defend a state-funded trip to two lifestyle fairs in the United States on Thursday after the Democratic Alliance accused her of wasting R600 000 on events that were irrelevant to her ...
Faith Muthambi didn't spend R600 000 on US trip - DoC   Politicsweb
Dep't defends Muthambi's R600 000 trip   TechCentral
Department defends Faith Muthambi's R600,000 US trip   MyBroadband
Jacaranda FM   
BusinessTech   
TheSouthAfrican   
all 13 news articles »   


Mineweb
   
Opposition grows to South Africa's $100 billion nuclear plan   
Mineweb
BLOOMBERG – South Africa's plans to build new nuclear plants costing as much as $100 billion are encountering mounting opposition from within the government and ruling party over the project's affordability. While Energy Minister Tina Joemat-Pettersson ...


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Independent Online
   
PPI eases in July   
Independent Online
Johannesburg – The Producer Price Index for final manufactured goods, which measures inflation at the factory gate, eased to 3,3 percent in July compared to July last year, down from 3,7 percent in June, Stats SA reported on Thursday. PPI indicates ...
Producer inflation for July decreases marginally   BDlive
Forex - South Africa: Jul PPI undershoots market expectations once again at 0 ...   FXMarketAlerts.com
Producer Price Inflation for July is 10.6 per cent   Ghana Business News
RTT News   
all 20 news articles »   


ITWeb Africa
   
GIL Africa2015: Connectivity, convergence and collaboration   
Bizcommunity.com
Download a one-hour HD movie in just six minutes? Connected home and work environment, as well as machine to machine communications? Yes, all in Africa in the next five years, says GIL Africa... Thursday, 20 August saw the fifth edition of Growth, ...

Japan Eyes Africa as the New Investment Frontier, says Frost & Sullivan   PR Newswire India (press release)
Japan looking to invest in Africa's growth   ITWeb Africa

all 8 news articles »   


Laboratory Equipment
   
South African Prototype May Solve Solar Power Problem   
New York Times
JOHANNESBURG — By thinking small, a group of South African scientists may have pioneered solar technology that has stumped Internet giant Google. The Helio100 project, based at Stellenbosch University in the Western Cape province, is a cost-effective ...

South African Prototype May Solve Unsolvable Power Problem   Laboratory Equipment

all 58 news articles »   


Daily Times Nigeria
   
UPDATE 1-Shell Nigeria declares force majeure on Bonny Light crude exports   
Reuters
(Updates with context). LONDON/BANGALORE Aug 27 (Reuters) - Shell's Nigerian unit, Shell Petroleum Development Company (SPDC), declared force majeure on Bonny Light crude oil exports on Thursday after shutting down two key pipelines in the ...

W. Africa Crude-Force majeure, lower Angola exports curb overhang   Reuters Africa
Oil price in biggest rise since December 2008   Financial Times
Shell declares force majeure on Bonny Light crude oil exports   Economic Times
WorldStage   
all 13 news articles »   


NewsDay
   
Crippling power shortage looms   
NewsDay
ZIMBABWE's biggest power producer the Zimbabwe Power Company (ZPC) could be forced to shut down for two months in a move that is likely to plunge the country into darkness. BY RICHARD CHIDZA. In a statement yesterday, ZPC confirmed that water ...

Low Water Level At Kariba Causes Shortage Of Electricity   ZimEye - Zimbabwe News
Low water cuts Zimbabwe Kariba power plant output   Reuters Africa
'Zim's power situation is about to get worse'   Eyewitness News
Nehanda Radio   
all 9 news articles »   

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