Danish shipping powerhouse Maersk announced its plans to cut 3,500 jobs, following a significant decline in net profit and revenue during the third quarter, primarily attributed to a sharp drop…
Browsing: Manufacturing
Despite South Africa’s manufacturing sector coming up against load-shedding and a biting economy, there is still cause for optimism. The country’s manufacturing output rose 2.5% year on year in May…
More and more manufacturers are starting to shift their focus to the sustainability of their supply chains. This is attributable to an increasingly prominent conversation around climate change, and to…
Transnet Pipelines has successfully delivered jet fuel from Durban, in KwaZulu-Natal, directly to OR Tambo International Airport (ORTIA), in Gauteng. The state-owned rail company has done this project for the…
The European Commission has confirmed that it has conducted raids on a company in the energy drinks sector in several EU countries, suspecting the company of being involved in a…
Media reports landing on BusinessTech Africa’s desk indicate that an ammonia leak at a Sasol plant has been successfully contained. This comes after reports that in the early hours of…
The South African business sector has welcomed the appointment of Gosientso Ramokgopa as the new Minister of Electricity. The sector believes the former Gauteng MEC for Economic Development is Mr.…
South African Breweries has announced its total full-year volumes for its parent, Anheuser-Busch InBev (AB InBev), after beer market share moved ahead of pre-pandemic levels. SAB is the local unit…
South African rail agency Transnet has began a new $6 billion bond sale programme into the international capital market in more than 10 years. As the operator of South Africa’s…
Dutch beer maker Heineken’s acquisition of South African beverage producer Distell is set to see the company investing R5.5 billion into the economy. According to the information landing through to…
