Fuchs Lubricants unveils R125m grease plant expansion

Expanding the new plant — which Fuchs says is one of the most advanced in the world — necessitated sending staff to Germany for training, and ...

Stefanutti Stocks slips deeper into the red as impairments weigh

The construction group’s annual loss worsens and CEO says Stocks Limited will not create much value in the future

Banks throw Group Five a bridging credit loan lifeline

Relief obtained to tackle short-term funding needs and complete power project in Ghana

Paper maker Mondi optimistic despite pressure

Production of uncoated fine paper fell due to maintenance at its Richards Bay mill, but it offset this by producing more packaging paper

enX announces healthy rise in interim profit and revenue

The diversified industrial group says stronger relationships with manufacturers, UK expansion and a strong managing structure contributed to the solid results

Marijuana firms in Canada eye rival targets for deals to consolidate industry

Canadian marijuana growers are racing to gain market share as Prime Minister Justin Trudeau pushes to legalise recreational use in 2018

ENX’s losing bet on the rand smashed its profit

But despite not foreseeing the rand’s ‘Ramaphosa rally’, the group’s net profit rose 19% to R126m

Sappi is upbeat regardless of rand

The stronger rand pressured exports, while planned mill shutdowns and conversion to other products will affect volumes

ArcelorMittal export sales up 33%

Exports surged up by a third, thanks to a robust global market, more than making up for a 2% drop in local sales

ArcelorMittal expects outlook to improve in 2018

The steelmaker says demand appears strong, notably in the US, Europe and Brazil, and there is a healthy spread between the price of steel and its raw materials

STOCKWATCH: ArcelorMittal SA shares plunge more than 17% as CFO resigns

Several executives have left the company in quick succession, raising questions about the stability of SA’s biggest steel producer

VW CEO met with FBI days before US indicted his predecessor

Volkswagen CEO Herbert Diess’s statements are ‘rated as incriminatory’ against former CEO, Martin Winterkorn, who has an international arrest warrant against ...

Elon Musk doubles down on criticism, but (mildly) castigates himself, too

The CEO’s abrasive behaviour has seen shares fall 0.6%, with Musk maintaining two analysts promoted ideas that justified shorting Tesla stock

US charges former Volkswagen chief Martin Winterkorn

The indictment, which accuses him of being part of the conspiracy to cover up cheating on emissions tests, is a rare instance of criminal prosecution of a CEO

Invicta to raise market share as subsidiary agrees to buy Forge

Christo Wiese is a major investor in Invicta, a provider of capital equipment and engineering solutions

Anger in SA at Trump’s steel tariffs and local job losses

The tariffs will starve upstream and downstream manufacturers in SA of foreign currency

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