CEO dealing with SAA challenges, but needs more funding

South African Airways’s turnaround strategy will focus on a reorganisation of the route network

Namibia to build Peugeot and Opel vehicles

The assembly will begin in the second half of 2018 at a facility in Walvis Bay

Cash-burning Uber bypasses banks in pitch for a $1.25bn loan

If it succeeds, it won’t be the first high-flying tech group to persuade investors to abandon the metrics they usually live by — but it will be the ...

Court demands answers on Acsa CEO’s case

The order comes more than a year after Airports Company SA’s board approved the pursuit of corruption charges against CEO Bongani Maseko and three ...

Capital challenges ‘lazy’ hospitality industry with hybrid 'disruptor'

The hotel, apartment and conferencing hybrid model is expected to nab market share from hospitality industry

US aerospace industry fears over Trump's steel tariffs plan allayed

Retaliatory action is the bigger threat as Boeing sells nearly 70% of its jetliners to customers outside the US and 22% to China

Toyota wants to drop diesel models; VW thinks diesel is due for a rebound

The diverging views reflect the uncertainty over the future of diesel, which has faced a stream of bad news since VW’s cheating scandal erupted in 2015

SA Airlink to suspend its Pretoria to Cape Town route

After three years, the route — focused on Tshwane-based government officials, business and leisure travellers — has not proved profitable

Competition Commission red lights Airlink and Safair merger

SA Airlink and Safair say they are disappointed by the decision and will approach the Competition Tribunal to allay the commission’s concerns

Malusi Gigaba wants extension on submitting SAA’s financial statements

The delay in finalising its annual financial statements means SAA has not yet been able to hold its AGM at which the statements are adopted

Transnet in Zimbabwe rail venture

Zimbabwean President Emmerson Mnangagwa said the joint venture began a $1.76bn infrastructure recapitalisation project

WATCH: Acquisitions drive Imperial

Imperial CEO Mark Lamberti talks to Business Day TV about how the company survived the tough trading conditions

Imperial’s unbundling will depend on results

‘We are not trying to get out of SA in any way,’ says Imperial CEO Mark Lamberti

Sony to form joint-venture for AI-based taxi-hailing app in Japan

And a Japan taxi company is in talks to partner with Uber, in a country where ride-hailing apps have found little traction

Why S&P expects sharing to hurt the bigger networks

S&P Global Ratings advises against shared infrastructure as proposed in Electronic Communications Amendment Bill

Transnet reply to R54bn locomotive report leaves Werksmans befuddled

The law firm’s head of litigation says Transnet’s board is trying to absolve the people under investigation

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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.