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Weekly top stories


Transnet dumps coal terminal for now
[Andiswa Maqutu] Transnet has decided to put off its plans to build a R15bn new terminal to complement the Richards Bay Coal Terminal (RBCT). read more>>



Finance
2014 Sunday Times Top 100 Companies results out
For the second consecutive year, Coronation Fund Managers has been named Top Company in the annual Sunday Times Top 100 Companies Awards... read more>>
Manufacturing
Sales to "rich and hungry" boost Famous Brands
Hungry higher-income South Africans have given Famous Brands' upmarket chains such as Tashas and Turn 'n Tender a boost‚ helping them outperform its outlets such as Wimpy and Fishaways‚ as lower-middle-income consumers grapple with rising living costs and buy fewer takeaways. read more>>
Shoprite's strong results despite consumer cut backs
While consumers tighten their belts as living costs steadily rise, personal debts remain high and jobs are in short supply, Shoprite's turnover rose by 12.3% in the quarter to September. read more>>
Warning of major hacking attack on the USA
WASHINGTON, USA: Cyber attacks might be taking a toll now, but just wait: a survey of experts says things are likely to get even worse in the US over the next decade. read more>>
International
Samsung's profits plunge to three-year low
SEOUL, SOUTH KOREA: Samsung reported its smallest quarterly profit in nearly three years as its key smartphone business faltered under competition from Apple's iPhone 6 and Chinese handset manufacturers in an increasingly saturated market. read more>>
Toshiba's profits of ¥30,8bn in six months
TOKYO, JAPAN: Toshiba said its half-year net profit rose by about 43% from a year ago, largely owing to a weak yen and strong sales in its infrastructure business. read more>>
Fujitsu's profits up by 31,5%
TOKYO, JAPAN: Fujitsu said its half-year net profit jumped by nearly a third on rising IT investments among Japanese firms, but a recent economic downturn took a toll on results in the September quarter. read more>>
More International
Government
Silo collapse results in load shedding across SA

More Matshediso

Power utility Eskom said there'd be load shedding across South Africa from this Sunday. Wednesday evening and the whole of Thursday are marked as high risk for power cuts. read more>>
SA government 'notes' ratings downgrade by Japan
Government says it has taken note of the decision by Japanese based credit rating agency Ratings and Investment Information Inc (R&I) to downgrade South Africa's foreign and domestic currency ratings to "BBB+" and "A-" respectively. read more>>
Eskom's warning to reduce power consumption this week
South Africa's electricity supply is expected to remain constrained for the rest of this week because various technical issues are being experienced at some power stations, says Eskom. read more>>
NRCS destroys 1bn non-compliant plastic bags

More Matshediso

The National Regulator for Compulsory Specifications (NRCS) says manufacturers and retailers who do not comply with the revised compulsory specifications for plastic carrier bags and flat bags, will be charged. read more>>
Masina appeals to investors to comply with BEE
Trade and Industry Deputy Minister Mzwandile Masina has invited Chinese business to invest in South Africa, but when doing so to embrace the country's Broad-Based Black Economic Empowerment (BEE) policy. read more>>
More Government news
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All industry news

Government
    More calls for citizens to "mobilise against crime"
    NYDA welcomes age restrictions on free housing

    Mining
      RARE awarded turnkey pipeline project in Zambia
      Kibali Gold Project scoops top prize at DRC Mining Industry Awards

      CSI
        Vuma103FM taxi driver campaign rewards responsible driving
        Breadline Africa celebrates 21 years of working for children
        Cycle tour changes a life in fight against crime

        Finance
          Trustco appoints BNY Mellon as depository bank
          Alternatives to bank loans for financing small enterprises - Steven Cohen

          Agriculture
            Aquaculture research collaboration responds to real challenges facing abalone farmers
            Young Farmer of the Year 2014 announced
            New academic collaboration develops curricula in aquaculture, fisheries science

            Building
              Tanzania to start major port construction in 2015
              SRK Consulting extends African footprint

              GreenBiz
                South Africa pushing ahead with carbon tax - Happy Masondo
                Standard Bank ranks 19th in top greenest banks list
                Promethium Carbon geared to conduct pilot carbon offset trade

                HR & Recruitment
                  [BizCareers] How to tackle contract and discrimination issues - Juliette Attwell
                  Digital leadership is critical - Peter Drube
                  Deloitte Challenge winners announced

                  Legal
                    2014 African Legal Awards winners announced
                    Change in BCEA can lead to claims against employers - Professor Paul Benjamin
                    Court rules in favour of M-Systems

                    Property
                      Pam Golding launches residential property index
                      Rawson offers free training seminars to general public
                      Effective asset management is key to success

                      Education
                        Our teachers the future - Graeme Bloch
                        How to not squander skills development budgets - Gizelle McIntyre
                        Light go off, matric finals go on

                        Tourism
                          Volvo Ocean Race Village offially opens in Cape Town
                          SETE 2014 comes to an end
                          Cape Town Tourism signs partnership with CoCT

                          ICT
                            Key findings of Dell's International Tablet Survey
                            Online transactions make users feel vulnerable
                            Software AG commits to GovTech

                            Logistics
                              Plan logistics to avoid bottleneck deliveries - Shane de Beer

                              Lifestyle & Entertainment
                                Beyond Sport Awards winners named
                                Ibiza World Tour heads for SA
                                Africa Fashion Awards winners announced

                                Automotive
                                  VW takes top honours in rental and leasing
                                  Benefits of self-driving vehicles are significant
                                  New vehicle sales rise 4.9% y/y to 59‚384 units in October
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