Latest articles on Tiisetso Motsoeneng

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.

Rand tumbles, tipped to hit R8/dollar

The rand tumbled nearly 3% to hit 16-month lows against the dollar as importers piled into the greenback, spooked by a recent trend of sharp declines.

SA stocks reach biggest daily gain in 16 months

State bonds fell and yields climbed as SA's benchmark stocks booked their biggest daily gain in 16 months, breaking a three-day losing streak.

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.

Zuma calls for calm after Terre’Blanche murder

SA President Jacob Zuma called for calm on Sunday after the murder of far-right leader Eugene Terre'Blanche fanned fears of growing racial tension.

JSE extends gains on world markets

South African stocks extended gains at midday on Monday, climbing to more than 3%

Cosatu vows to fight layoffs in 2009

Cosatu has vowed to fight an anticipated flurry of retrenchments in the new year as companies come to blows with the global economic recession.

Retailers pull out stops to lure consumers

Massive discounts are on the cards this festive season as South African retailers brace themselves for the bleakest Christmas in nearly two decades.

PPC: ‘Good results in a challenging year’

SA cement manufacturer PPC on Monday reported an 8% rise to 283 cents in its headline earnings per share for the year ended September 2008.

Altech permitted to contest MTN, Verizon deal

South African ICT firm Allied Technologies (Altech) has been granted leave to participate in merger proceedings between MTN Group and Verizon SA.

JSE remains higher on global markets

The JSE remained higher on Monday in line with overseas markets which were being buoyed by hopes that central banks would cut interest rates.

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Judicial committee orders Mogoeng to apologise for SA-Israel remarks

The JCC said that by the chief justice straying into politics, he breached the judicial conduct code and ordered him to issue an apology and retraction

‘Doctors’ wives’ jump Covid queue

Private doctors and civilians have been exploiting gaps in the public health system to get vaccinated

Ithala fails to act against board chairperson over PPE scandal

Morar asked to settle with the state and pay back the profit he made on an irregular tender

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