The deal, said to be valued at €600m, comes as global fertiliser prices are sky-high due to worries that the conflict between major exporters Russia and Ukraine could lead to food shortages
Strong SA demand and price increases helped group profit rise almost a quarter in its 2022 half year
Kenney, who has been on the group’s board for almost two decades, has opted to leave for personal reasons
Departing CEO Warren East says long-haul travel recovery means the jet-engine maker should still hit its full-year targets
The plant-based producer is embarking on a cost-cutting exercise
Future complicated despite improved standing of CEO Baumann, criticised for his US agrochemical group takeover
Improved volumes and price increases helped the plant-materials group grow core profit two-thirds in its 2022 year
The company veteran has spent 12 years at the helm of the aluminium group, whose volatile shares have almost halved in 2022
The group’s purchase of the packaging specialist’s operations in Cape Town and Gqeberha is part of a strategic shift into that sector
The German group becomes the first among major carmakers to turn more cautious.
The world’s biggest soft-drinks producers cut ties with Russia over the Ukraine conflict, creating opportunity for Russian businesses and entrepreneurs
Flood-damaged plant will be fully operational in September, but popular models like the Hilux and Corolla Cross are coming back on stream
The group recently booked R1.34bn through the sale of two businesses, opting to pay shareholders R1.50 per share via a special dividend
Afrimat issued shares equivalent to 8.5% of its market capitalisation, intending to use the cash for its manganese and rare-earth interests
The steelmaker benefited from significantly higher prices and reduced interest costs
Mercedes chimed with other major manufacturers on concerns about high inflation and ongoing supply-chain problems
The plane manufacturing titan still has much work to do before its financial and operational turnaround is complete
The South Asian country expects a slowdown of product orders as Western countries raise interest rates
Group revenue rose 31% in the firm's half-year to end-June, but profit climbed only 8%, with the conflict hitting demand for agrochemicals
Dytor has been with the diversified chemicals and explosives group for almost four decades
