Wheat milling cartel probed
The Competition Commission has found that several companies in the wheat milling market had engaged in price fixing and dividing markets by allocating customers, and has recommended a penalty of 10% of annual turnover be handed out by the Competition Tribunal.
Eskom World Bank loan 'critical'
If power utility Eskom does not secure the US$3.75-billion loan it has applied for from the World Bank, the consequences for South Africa's economy could be dire, Public Enterprises Minister Barbara Hogan has warned. The loan, supported by the World Bank and France, is facing some opposition from the US and the UK.
SAA, Airbus sign aircraft lease deal
South African Airways has signed an agreement with aircraft manufacturer Airbus for the lease of six new A330-200s featuring new entertainment systems and "beautiful cabins", for 10 years starting January 2011.
Bright future for SA businesswomen
A survey of 20 countries by Accenture shows that women in business are more resilient than men - a critical factor in helping businesses survive in tough economic times - and that South African companies are preparing more women for senior management roles.
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