Tesla pushes back Model 3 production target for a second time

The goal of producing 5,000 of the mass-market cars a week will now be reached only in June — six months after the original target

Denel, like other state-owned entities, is lagging behind in paying creditors

The cash-strapped arms manufacturer had R687m of outstanding debts as of November — some of which have been owed for more than 120 days

Geely turns his attention back to Volvo, this time wanting its heavy vehicles

Chinese billionaire Li Shufu revived the Volvo car brand a decade ago; now he plans his first foray into the heavy-truck segment to bulk up outside China

Selling a stake in Denel has not been ruled out, says minister

Denel has faced a cash crunch recently, but the Public Enterprises Minister says there are no plans to sell any equity — although she can’t rule it out

SAB's Castle Free falls foul of advertising watchdog

The ASA has upheld a complaint that SAB can’t call its beer ‘0.0% alcohol’ when it admits it’s actually 0.03%

Mondi to buy Finland’s Powerflute in deal worth more than R5bn

Powerflute has an annual production capacity of 285,000 tonnes of ‘fluting’ — the middle liner of corrugated board used to cushion the ...

Chinese production cuts buoy ArcelorMittal SA shares

Steel consultancy MEPS International says China has recently announced another round of production restrictions in an effort to curb winter pollution

Group Five forced to dip into reserves

The construction's company's $410m contract to build a power plant in Kpone, Ghana, has been hit by more delays

Transpaco to buy FPM’s packaging business

Share price rises 1% to R22 in light trade on Monday

NEWS ANALYSIS: Civil construction industry’s arrogance is part of its downfall

Amid looting at public enterprises the state has tied Corporate SA into a bureaucratic knot

BL PREMIUM
PPC ends LafargeHolcim bid

Cement group rejects last remaining proposal and will focus instead on African investments and mega plants

CIG to meet bondholders in February after breaching banking covenants

Consolidated Infrastructure Group report reveals breach to its banking covenants

ThaiBev emerges as sole bidder for $2bn slice of brewer Sabeco

Other potential bidders were put off by Sabeco’s valuation, as the stock has soared 58% this year, as well as the minority stake offered by Vietnam’s largest ...

ArcelorMittal SA appoints Kobus Verster as new CEO

Verster was CEO of JSE-listed construction group Aveng from February 2014 until September 2017

Fairfax drops plan to buy PPC stake

The company withdraws its intention to acquire R2bn of shares in local cement maker, leaving LafargeHolcim as the only contender

Metrofile buys Kenyan data business

The transaction is a strategic move, Metrofile says, that will increase its footprint in Africa

ANC Conference 2017

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.