Banks bear the brunt of weakened rand
South African banks bore the brunt of the weaker rand after the third-quarter current account deficit widened to R176.6 billion from R167bn and continued...
Denel strong enough to stand on its own despite R1.8bn loss
State-owned arms manufacturer Denel, which recorded a loss of nearly R2 billion in the past financial year, is strong enough to stand on its...
South Africa moves out of recession
StatsSA has published the latest GDP data for South Africa, showing that the country’s economy grew by 2.2% in the three months through September...
‘Cooper Roller Bearings’ becomes ‘SKF Cooper split bearings’
Now an established brand within the SKF Group, Cooper Roller Bearings product ranges will henceforth be marketed as 'SKF Cooper split bearings'.
SKF acquired Cooper...
Heineken to open $100MN brewery in Mozambique in 2019
Heineken will open a $100 million brewery in Mozambique, its first production facility in the southern African nation, the brewer said on Monday.
The world’s...
Featured Industry News
Cape Business News (CBN) spotlights Featured Industry News, bringing you the most impactful stories and trends shaping South Africa’s economic landscape. This category focuses on breakthrough innovations, transformative projects, and key developments across sectors like energy, manufacturing, technology, and infrastructure. Featured Industry News offers in-depth analysis and expert insights, highlighting success stories and challenges faced by leading businesses. Stay informed with CBN’s curated updates, designed to provide professionals with a deeper understanding of the opportunities and shifts driving industry growth and innovation.
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Cape Town receives upgrade from Moody’s ratings
Cape Town Mayor Geordin Hill-Lewis has welcomed the City’s credit rating upgrade announced by ratings agency Moody’s Investor Services on 2 May. This follows...