Transnet to boost coal, iron ore rail capacity

Plans to increase Transnet's capacity to haul iron ore from mines to ports by 56% over the next seven years are in the works, says CEO Brian Molefe.

Massmart ready to sacrifice margins for market share

Walmart's SA unit Massmart is ready to push down prices and sacrifice margins in pursuit of a bigger market share, its CEO has said.

Disappointing annual sales numbers for Shoprite

SA's biggest food retailer Shoprite Holdings saw its shares slide after reporting a 7% rise in full-year sales that fell short of analysts' estimates.

Metalworkers end strike as fuel walkout widens

Tens of thousands of workers ended a two-week pay strike in the South African steel and engineering sector on Sunday.

Wal-Mart bid for Massmart approved, boycott looms

Massmart's shareholders have accepted a takeover by US group Wal-Mart, setting up the world's largest retailer for a potential battle with unions.

Barloworld eyes second-half recovery

Barloworld pointed to a second-half rebound after a sharp fall in first-half earnings, saying it expects to benefit from a recovery in the economy.
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