ARMS MAKER, LOSS MAKER
By Peter Honey
State weapons manufacturer Denel turned a marginal profit into a R363m net loss last year. The state-appointed board of directors celebrated with an average 89% pay rise and a performance bonus of nearly R1m. Denel's poor return for the year...
TRADE POLICY HELPS SA POCKETS GO FURTHER
By Jabulani Sikhakhane
Five years ago, CMT Clothing (Bophuthatswana) was a small player in the SA clothing manufacturing industry, having been rescued from liquidation a few years earlier. Today, CMT's prospects look much brighter. It employs 38% more workers and ...
CLOSER TIES
By Jabulani Sikhakhane
The US and the Southern African Customs Union - SA, Botswana, Lesotho, Namibia and Swaziland - will soon start talks on a possible free trade agreement (FTA). The idea was raised by the US trade representative, Robert Zoellick, during his visi...
THE LOGGER, THE LAWYER AND THE INDIANS
By Peter Honey
Downy-bearded, litigious Solly Tucker (65) has embarked on a nail-biting gambit to secure the survival of his beloved company, JSE-listed York Timber Organisation (Yorkcor). The Cambridge-educated sawmiller has thrown in his lot with Paharpu...
