Rand Merchant Bank has sold 35 million shares in Control Instruments Group Limited, paving the way for Kanthu Nkhama Automotive, a strategic black empowerment consortium to acquire a 25.1% stake in the automotive parts manufacturer and distributor....
Industrial conglomerate Barloworld and Electro-Motive Diesel (EMD) on Monday launched a joint venture to service sub-Saharan railway markets. EMD is a subsidiary of US-based Progress Rail Services, which is part of the Caterpillar group of...
In what appears to be a major change in the Gauteng ANC’s policy on e-tolling, the ruling party in South Africa’s economic powerhouse says consideration should be given to raising the fuel levy as “an interim measure” to pay...
Transnet has announced that Anoj Singh has been appointed its new chief financial officer. According to a statement by spokesmanViwe Tlaleane, Singh will work in conjunction with chief executive, Brian Molefe, as an executive director of Transnet....