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Nicola Mawson

Emerging markets to continue to drive demand

14th July 2006 The world’s largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain ‘stronger for longer’ - the company is a leading iron-ore and... 

Argent hits R1-billion target, growth to continue ‘unabated’

14th July 2006 JSE-listed steel merchant Argent Industrial has hit the R1-billion turnover mark, despite a period in which it says it experienced ‘depressed’ steel prices, and is targeting further growth. 

Mittal denies SA exit plan, seals Arcelor deal

14th July 2006 The world’s largest steel manufacturer, Mittal Steel, last month denied rumours that it would sell Mittal Steel South Africa as part of the deal to merge with Arcelor. 

Freight firm makes new logistics acquisition

30th June 2006 JSE-listed logistics company Spectrum, which is listed on the Alternative Exchange, has acquired Impson Freight, a customs-clearing and forwarding logistics business with offices in Durban, Cape Town, Johannesburg and Maritzburg. 

Sasol concludes 'largest' liquid-fuels BEE deal for R1,45bn

30th June 2006 Petrochemicals giant Sasol, which has, in the recent past, been accused by some South African government officials of transforming too slowly, announced on Friday that it had concluded a black economic-empowerment deal worth R1,45-billion. The company, headed by Pat Davis, told the JSE that the... 

Mining giant expects emerging markets will continue to drive steel demand

29th June 2006 The world's largest diversified miner, BHP Billiton, has given its backing to the view that the steel industry, which faced a torrid period at the turn of the century with overcapacity and rising costs, will remain 'stronger for longer' - the company is a leading iron-ore and manganese producer,... 

IDC sets 52 000 jobs target for 2011

29th June 2006 South African development finance institution, the Industrial Development Corporation (IDC), has indicated that its balance sheet is stronger than ever, and that it is, therefore, in a good position to aid government in its objective of halving unemployment and poverty by 2014 by taking on... 

Moleketi laments low savings levels in SA

29th June 2006 South Africa's Deputy Finance Minister, Jabu Moleketi, has expressed dismay at the low levels of savings locally, arguing that South Africans should see savings as “diamonds on the soles of our shoes”. 

Transnet woes crimping SA manganese growth - BHP Billiton

28th June 2006 The world's largest diversified miner BHP Billiton indicated on Wednesday that capacity limitations within South Africa's railways and port system were a major constraint to the development of its manganese business and called for a South African mining industry initiative to deal with the... 

Zaptronix positions itself for electricity-distribution role

27th June 2006 Electronics company Zaptronix Holdings, which made its debut on the JSE's Alternative Exchange (AltX) on Tuesday, is manoeuvring itself to benefit from the current restructuring in the electricity-distribution sector and aims to acquire at least one company that will enhance its current portfolio. 

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