Motor industry gears up for record year

By Sicelo Fayo

THIS year will go into the record books as a vintage one for the South Africa new vehicle market, industry principals said yesterday after yet another excellent performance in the sector during November which saw sales soar by 32 per cent on the same month last year....

Bumper Christmas sales expected, but credit worries rise

Business Correspondent

Johannesburg – AMID all the hype surrounding the retail boom, the question arises if rising credit extension in the run-up to the Christmas spending season is cause for concern, or whether it simply indicates that consumers have regained buying power from sellers....

Coega moves forward with new manager

Business Reporter

AS part of its preparations for the next phase of development, the Coega Development Corporation has appointed Johann Brink as the safety, health and environment manager of the project....

SA exporters in ‘deep trouble’

Johannesburg – A worryingly large 39 per cent of South African manufacturers have closed down export capacity permanently over the past two years....

Rand steadier last month, index shows

Business Correspondent

Johannesburg – The trade-weighted rand was more stable in November than in October....

Zonwabise set to pay dividend

By Nwabisa Nofemele

INVESTMENT by Eastern Cape empowerment leisure group Zonwabise Resort Holdings into the local gaming and gambling industry has begun to pay off....

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