Physical oil prices have fallen internationally, reflecting easing concerns over Russian-led supply disruptions and worries of a global economic slowdown
The government must get off its ideological perch, harness the goodwill shown during the pandemic and work with business to improve the nation’s health
Ramaphosa gave the Special Investigating Unit the green light to investigate allegations against the two boards earlier in August
The party has decided there should not be a cooling-off period as provided for in the Electoral Amendment Bill
Headline earnings could rise as much as 73% to R5.455bn in the insurer’s half-year to end-June
The improved sentiment is a result of increased merchandise export and import volumes and more new vehicles sold, Sacci report says
Reducing people’s unnecessary movement for a few days as soon as new cases emerge is a key practice of the East Asian country’s Covid-zero strategy
Fiery hooker comes in as coach Jacques Nienaber reshuffles front row for All Blacks showdown
Mercedes-Benz will bring its luxurious EQS electric vehicle to SA later in 2022
PACKAGING group Transpaco, renowned for its no-frills operational approach and smart acquisition strategy, defied sluggish economic conditions to post a 38% increase in the bottom line in the year to end-June.Its more illustrious peers, such as Nampak and Astrapak, have struggled in tighter trading conditions in SA.Transpaco CEO Phil Abelheim said the performance was supported by controlled operating costs through improved manufacturing, distribution, and administration efficiencies.Despite higher input costs — particularly in labour, energy, and raw materials — Transpaco fattened its margin to 9.2% from 8.1% in the previous financial year. Abelheim said a robust performance from the plastics division, including a strong contribution from recently acquired East Rand Plastics, pushed Transpaco’s turnover up 26% to more than R1.7bn.The company’s divisional review showed turnover in the plastics division had grown 37% to R1.23bn.The top-line growth in the smaller paper and board produc...
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