Clean natural gas should start flowing from Mozambique's gas fields in late 2003 and is expected to seriously re-arrange neighbouring South Africa's energy mix as many industries switch from dirty coal.
United Airlines yesterday bowed to the inevitable and filed for bankruptcy protection, making it the largest failure in the airline industry to date and among the top 10 collapses in corporate history.
Growth in South Africa's money supply slowed in August but credit demand accelerated, data on Tuesday showed, fanning fears that interest rates would
rise for the fifth time this year to quash soaring inflation.
Volkswagen South Africa (VWSA) will invest R2,1-billion in infrastructure, improving facilities and upgrading its products at its Uitenhage plant outside Port Elizabeth over the next six years, the carmaker said on Tuesday.
THE Congress of SA Trade Unions (Cosatu) and its alliance partners announced that unemployment remained the most difficult challenge for government, as more workers lost their jobs and more people faced poverty.