FedEx CEO Fred Smith urges Donald Trump to embrace China

Smith also said Trump should reconsider his positions on international trade and work — a day after trump signed an executive order to withdraw from the TPP

4 hours ago
Ford flouted the law by not telling regulator of Reshall Jimmy’s death, police say

In a number of affidavits‚ police have also accused Ford of deliberately obstructing police in their investigation into Jimmy’s death

5 hours ago
SAP sees a silver lining to Brexit

The software giant says geopolitical upheaval, especially the UK’s planned exit from the EU, will boost rather than hinder future growth

4 hours ago
FlySafair posts profit and promises to focus on keeping air fares down

Budget airline FlySafair says it made a profit while growing its routes and fleet, but 2017 will be a year of consolidation with continued domestic competition

5 hours ago
Net1 buys almost a third of Europe-based Bank Frick

The proposed deal follows one done in 2016 between the two firms in which Bank Frick became Net1’s strategic banking partner for its products in Europe

8 hours ago
AVI expects positive HEPS figure despite tough trading conditions

Despite the drought pushing up grain prices, AVI says its food brands Entyce and Snackworks have managed to lift operating profit

9 hours ago
De Beers reports good demand at its first sale of the year

Diamond company says some Indian polishing operations have reopened but it remains cautious as the country adjusts to the post-demonetisation environment

10 hours ago
WATCH: MTN Zakhele in hot water over delayed payments

Why some MTN Zakhele shareholders have still to be paid out nearly two months after the empowerment scheme matured

10 hours ago
Anglogold Ashanti to put job cuts on hold, says NUM

National Union of Mineworkers says it has reached an agreement with the company that workers will be redeployed or reskilled

10 hours ago
Imperial takes beating after trading update

Vehicle dealer and car hire group says foreign exchange losses and higher debt levels contributed to a drop in interim earnings

11 hours ago
Samsung posts 50% increase in profits despite Note7 debacle

Tech giant says its components businesses — mainly the memory and the display panel segments — and a stronger US dollar boosted profits

12 hours ago
Ethics in Lonmin divestment drive

The Bench Marks Foundation will address shareholders at London AGM over housing, wage and compensation demands after Marikana killings

15 hours ago
Wine industry hits doldrums

Wine producer body VinPro says higher wine prices will lift the industry to a financially sustainable level

15 hours ago
Sanral girds for legal battle with motorists

The roads agency gears up for a fight with nonpayers and Organisation Undoing Tax Abuse to recover R6.2bn in outstanding e-toll debt

15 hours ago
Mining sector ‘in for torrid times’

Mining Charter and resources bill, as well as several court cases, pit the Department of Mineral Resources against the industry

15 hours ago
SA not cashing in on electronic waste

A levy incentive may spur companies to set up recycling centres to tackle e-waste

15 hours ago