Sappi commits R7.7bn towards dissolving wood pulp mill

The company's Saiccor project is in line with its strategy to shift to dissolving wood pulp, for which there is growing demand

Mediclinic wounded by Swiss business Hirslanden

Private health-care group’s subsidiary is battling regulatory changes

Companies / Industrials
Sappi’s profit slumps as it focuses on ‘shift in profit mix’

The company says projects in its European and North American paper facilities, as well as the revamping of some South African pulp plants, increased capital ...

Companies / Industrials
Fiat’s recovery hinges on being able to double sales in 2019

Fiat Chrysler Automobiles will pay special attention to rejuvenating the somewhat sidelined Alfa Romeo brand

Companies / Industrials
AEEI eyes acquisitions to drive further growth

Black-owned investment holding firm African Equity Empowerment Investments says it will pursue deals as annual revenue increases 22%

Companies / Industrials
Sephaku embarks on cost-cutting drive

The building and construction materials company says it will not replace departing board members as part of the cost-cutting measures

Companies / Industrials
Indonesia cement maker snaps up LafargeHolcim unit to bolster market lead

Indonesia’s biggest cement maker Semen Indonesia to buy local unit of LafargeHolcim for about $917m

Companies / Industrials
Boeing’s October 737 deliveries up on strong demand

Boeing delivered a total of 57 aircraft in October, up from a 56 a year ago

Companies / Industrials
Indian steelmaker warns of import surge if China trade deepens

Jindal Stainless says the inclusion of flat stainless-steel products in the Regional Comprehensive Economic Partnership would force some small Indian steel ...

Companies / Industrials
General Electric speeds up Baker Hughes exit plan

Jet engine maker to raise cash and repay debt by selling off asset

Companies / Industrials
What Motus plans for great leap after listing

Larger and stand-alone acquisitions will be internationally focused and selective, says acting CEO Ockert Janse van Rensburg

Companies / Industrials
Saudis in $1bn bid for stake in Denel

The kingdom wants partnership despite being rebuffed by SA earlier

Companies / Industrials
Stefanutti warns of possible job losses

It's a tale of woe for SA's construction sector, as JSE-listed Stefanutti Stocks becomes the latest in the sector to send out out distress signals as local ...

Companies / Industrials
Stefanutti lifts first-half earnings 46% despite sober economic activity in SA

Stefanutti partly benefited from geographic diversification, with the UAE operation contributing R38m in earnings from R16m a year before

Companies / Industrials
Gautrain wants to raise funds to extend its reach

The high-speed rail network is seeking R4bn to increase its number of trains by 50% ahead of a potential expansion to other parts of Johannesburg and Pretoria

Companies / Industrials
Group Five in court battle to stop multimillion-rand claim over Ghana power project

The cash-strapped construction group has gone to high court to stop a client from claiming money

Companies / Industrials
Bowler Metcalf warns of operational challenges ahead

Plastics packaging specialist Bowler Metcalf declares large special dividend but warns of operational challenges ahead

Companies / Industrials
BL PREMIUM
More pain ahead for Group Five after setback in Ghana

Embattled Group Five has lost 97% of its value in the past five years

Companies / Industrials
European carmakers to trial new steel contracts on London metal bourse

The experiment by BMW and Volvo could change hedging and pricing of deals in the industry

Companies / Industrials
Group Five’s share price plunges 15.5%

The company failed to meet an October deadline for the Kpone power-station project in Ghana

Companies / Industrials

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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.