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President Jacob Zuma at the launch of a new Toyota Hilux and Fortuner models in Durban. Picture: GCIS

Zuma unveils Toyota Hilux and Fortuner assembly plant

The R6.1bn plant in Prospecton, Durban, is the second-biggest global manufacturer of the Hilux and Fortuner after Toyota’s facility in Thailand

Trade & Industry

Zuma to commission new Toyota plant in Durban

President Jacob Zuma at the launch of a new Toyota Hilux and Fortuner models in Durban. Picture: GCIS

The Japanese manufacturer’s R6.1bn investment demonstrates global automotive producers’ continued confidence in SA

Energy

Off-grid solar solutions bring electricity to rural areas

Renewable energy programmes aim to bring power to SA’s most remote locations. File picture: CIRCA

The ‘pay as you go’ solar power market is being served by companies such as M-Kopa and Mobisol

Innovation

Innovative ways to get the message across

Roadside billboards are used for out-of-home advertising. Technology is now able to measure who is passing these sites. Picture: THE TIMES

Satellites and other forms of technology take the guesswork out of ad exposure measures and allow companies to track who sees their roadside billboards, writes David Furlonger

Industrials

State is preparing measures to protect the primary and secondary steel industry

CONCERNS: The government says it is acutely aware of the problem of higher steel prices and is working on plans to provide relief to domestic steel producers.  Picture: REUTERS

DA says steel price increases imposed by ArcelorMittalSA this year have had a devastating effect on downstream manufacturers

Land & Agriculture

Maize crop estimate could fall following dry weather damage

Maize. Picture: FINANCIAL MAIL

Economist says farmers have started harvesting, but yields are below average, and it is feared SA might have trouble finding global white maize sources

Transport & Tourism

Empowerment levels in tourism under scrutiny

Picture: THINKSTOCK

Department of Tourism aims its transformation lens at businesses in the accommodation, hospitality and travel services sectors

Trade & Industry

Stockists must disclose if chicken is from SA or US, says Proudly South African

Leslie Sedibe. Picture: GALLO IMAGES/DOMINIC BARNARDT

The organisation’s CEO, Leslie Sedibe, says consumers need to be able to make informed choices about the origin of the chicken they are buying

Land & Agriculture

Government to limit farm sizes to speed up land reform

Rural Development and Land Reform Minister Gugile Nkwinti is forging ahead with a controversial proposal that will, among other measures, place a ceiling on the size of farms. Picture: TREVOR SAMSON

New law will permit expropriation while limiting the size of private farms

Industrials

Crisis of rising steel prices cannot wait until August amid jobs bloodbath, says DA

Picture: FINANCIAL MAIL

The Democratic Alliance, which says ArcelorMittal SA reneged on its agreement, tried and failed to get the issue onto Parliament’s trade and industry committee agenda

Minister of Finance Pravin Gordhan during his speech at a fund raising dinner in Chatsworth on Saturday night. Picture: THULI DLAMINI

EDITORIAL: Intimidation will prove costly

There is a risk of a downgrade if the Treasury team is threatened

Outsurance

Ombudsman for Short-Term Insurance 2015 report

OUTsurance comfortably beats industry averages for two key indicators

Featured Partner

Seifsa

Seifsa’s PIPS provide crucial cost escalation data

Picture: SHUTTER STOCK

Seifsa provides companies with correctly calculated and interpreted information that is available from a central and credible source

Featured Partner

Opinion

Business must do more to spread benefits

Not enough is said of how the private sector can further the goals of inclusive growth

Companies

Levitt’s companies ‘trading unlawfully’

Former Auction Alliance CEO Rael Levitt

Estate Agency Affairs Board says several companies of former Auction Alliance CEO Rael Levitt do not have valid certificates to trade

Trade & Industry

SA bulk exports increase year on year in April by 6.2%

Picture: BUSINESS TIMES

Bulk exports out of Richards Bay, which are mostly coal, jumped 19.3% year on year in April to 8.6-million tonnes

Business

Competition Act amendment ‘may be redundant’

Picture: THINKSTOCK

Lawyer says amendment that allows for directors and managers to be held criminally liable for collusive behaviour may make it harder to uncover cartels

Picture: ISTOCK

Six tips for breaking your work addiction

Just because working a lot feels good to many people does not mean it is good for you, so how do you break the cycle?

Mining

Mining Charter talks on track, says Zwane

Mineral Resources Minister Mosebenzi Zwane and Chamber of Mines president Mike Teke exchange a gift at the chamber’s annual general meeting on Wednesday. Picture: FREDDY MAVUNDA

The government and mining industry clinch an agreement a month after the shock new draft

Financial Services

Misunderstandings often occur when insurance is taken per phone

Picture: THINKSTOCK

Ombud urges consumers to be thorough in understanding their short-term insurance contracts before accepting them

Energy

Boost procurement to speed up gas-fired power plants, Siemens says

Picture: THINKSTOCK

SA could start procurement immediately, Pistauer said, while the current trajectory would result in site works starting only in 2-3 years.

Trade & Industry

SA faces very tough times, says Davies

Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON

Rob Davies says despite challenges the government is still pursuing value-added manufacturing and greater African industrial integration

National

NEWS ANALYSIS: Hawks’ SARS probe has far to go

PROBING: South African Revenue Service commissioner Tom Moyane commissioned the KPMG report into SARS’s investigating unit, but the firm says its report cannot be used to resolve disputes. Picture: FREDDY MAVUNDA

There have been six Hawks’ investigations into Pravin Gordhan and all have serious weaknesses, writes Natasha Marrian

Education

Business education in high demand in Africa

Audience and panellists during a discussion at Wits Business school in Parktown. Picture: SOWETAN

This can be attributed, in part, to a realisation of the problems faced by African businesses, says the USB’s Dr Marietjie Theron-Wepener

Travel & Food

Seychelles a haven for holidaying South Africans

Picture: ISTOCK

South Africans are the seventh most common tourists to the archipelago, behind the French, Germans and Italians, and some even own homes there

Financial Services

Ramos generates more profit per unit of pay than her peers

Maria Ramos. Picture: MARTIN RHODES

Barclays Africa earned R508 in net income for every rand it paid CEO Maria Ramos, while Investec CEO Stephen Koseff produced the lowest ratio of profit to pay

Opinion

STRAIGHT TALK: Easy physics lessons for growth

Companies that survive, even flourish, in a world of competition and change do so because they embrace change

Land & Agriculture

Farmers need to boost output of white maize, says Senwes

Picture: REUTERS/SIPHIWE SIBEKO

Agribusiness tells local farmers to increase output of white maize to help lower the price of the staple to more sustainable levels after the drought

Healthcare

Free State mulls exiting Netcare partnership

CONTRACT: An ambulance at Pelonomi Hospital in Bloemfontein. Picture: SUNDAY TIMES

Complications include padded billing, ‘queue jumping’ and abuse of the province’s policy for remunerative work outside the public service

Industrials

Steel makers push to be used in state’s infrastructure plan

BLEAK TIMES: The lack of designation for local structural steel cuts to the heart of the issues facing domestic primary and downstream steel producers. Picture: REUTERS

The initiative may be too late after the fall of major SA steel producers Evraz and Vanadium

Trade & Industry

Proposed KwaZulu-Natal automotive supplier park moves closer to reality

Workers assemble cars inside the Hyundai Motor India Ltd. plant in the southern Indian state of Tamil Nadu in this October 4 2012 file photo.  Picture: REUTERS

The provincial government has acquired 1,000ha of land in Durban, which had belonged to Illovo, on which to establish the province’s first such development

Opinion

SA has more SOEs and government investment than it should have

President Jacob Zuma speaks during a monitoring visit to South African Airways on Friday.  Picture: GCIS

Trend worldwide for wealthier countries to have large governments, but South African government larger than expected and growing steadily

Opinion

Finding new ways to make private equity deals work

In modern capitalist countries, amassed economic power defines the royalty of the day, says the writer.  Picture: THINKSTOCK

Buy-and-build strategies suit conditions and public-to-private deals are on the up

Transport & Tourism

Prasa asks Hawks to investigate corruption

Picture: THINKSTOCK

Rail agency takes 39 cases of suspected graft to police after public protector and auditor-general find problems

National

Homes to share acid mine water costs

TOXIC:  Acid-mine drainage flowing from a pipe near Krugersdorp.   Picture: RUSSELL ROBERTS

The long-term solution to the problem of acid-mine drainage will see end users, including households in the province, bearing a third of the cost

Management

Less-structured organisations may not be for everyone

Picture: ISTOCK

Startups are often appealing for their excitement but make sure you do the requisite research for diving into one

Mining

An independent body must award mining licences, says DA

Democratic Alliance MP James Lorimer

DA wants mining legislation amended to stop the awarding of licences by the mineral resources minister to avoid possible conflict of interest

Standard Bank

JSE Sens

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