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latest news & developments
Unions calls for the disbanding of PetroSA board
Three different unions have made the demand, citing maladministration and irregular appointments as PetroSA reels from staggering losses
Nehawu: Change Cosatu’s constitution before it dies
"Nehawu has called for an urgent amendment to the Cosatu constitution, to allow the federation to intervene among its affiliates.
Paper is dead – long live paper!
Paper was bad, really bad. Death to paper – and paper clips. But what about the drawbacks of the electronic age?
Sappi sees return to full-year profit
Cost cuts and a focus shift to higher margin products has put the pulp and paper producer on track to performing better than it has in five years.
Sappi targets new dividends after tackling R25-billion debt
The world’s biggest glossy paper manufacturer plans to push down its hefty debt burden and then resume paying dividends.
Chemicals drive the economy
Replacing fuels with more sustainable options remains a key focus for IDC business unit
Sappi job security on the line with restructuring
Paper group Sappi says the ongoing restructuring within its South African operations might include retrenchments at some of its production plants.
The heavies Lonmin hired
Management at Lonmin’s Western Refinery have admitted that they gave confidential information about employees to private investigators.
Crippling multisector strikes on the cards
Key sectors of the country’s economy, including mining, petroleum and chemicals, are bracing themselves for industrial action.
Sappi mulls cut in European fine-paper output
South Africa’s Sappi is discussing plans to cut European fine-paper output by a further 25% in January on the back of falling demand.
Sappi shares slump after rights discount
Sappi on Friday launched a rights share offer at a discount of 65,2%, sending its shares tumbling more than 7%.