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SA trade deficit improves

The country’s trade balance for May 2016 came in at a surplus of R18.7 billion. The trade account’s year to date position has improved to R-27.5 billion when comparing it to May 2015 (R-29.8 billion) due to exports growing faster than imports....

enX and Eqstra in R7.8bn deal

enX will acquire Eqstra’s Industrial Equipment and Fleet Management divisions and recapitalise Eqstra’s Contract Mining division for approximately R7.8-billion. The transaction will see enX issue 52.7-million enX shares at R21-00 a share (post...
Cummins Power Tour

Cummins SA kicks-off national power tour

Cummins South Africa has embarked on a National City-to-City tour of the country in a highly visible red International truck to create awareness of its products and service, particularly in power generation. Leaving the company’s Johannesburg...