KwaZulu-Natal Top Business Portfolio
The KwaZulu-Natal Top Business Portfolio website is a portal to KwaZulu-Natal, its top businesses, organizations, municipalities and government departments. The website includes a profile of the Province, an insight into successful governance and the economy, highlights current investment possibilities in the province and provides regular news updates. KwaZulu-Natal offers you great opportunities for growth, expansion, trade and investment.
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Markets
Friday 15th February 2019 TreasuryONE said earlier that the rand weakened sharply against major currencies on Thursday on continued concern over Eskom and the potential further fallout. view more
Sunday 17th February 2019 European and US stock markets leapt as positive signs emerged from US-China trade talks aimed at averting an escalation of a tariff war between the world's top two economies. view more
Friday 15th February 2019 European equities bared no brunt from the Asian trading session as all the major bourses advanced on the back of progress in the US-China trade talks. view more
Thursday 14th February 2019 The US dollar did retreat after the release of US retail sales data which came in worse than anticipated, but this did not result in significant strengthening for the rand and other emerging market currencies. The rand was trading 0.84% weaker at R14.18/$ at 17:00. view more
Thursday 14th February 2019 The JSE All-share Index is testing a critical resistance zone right now. view more
Standard Bank KZN Top Business Awards
Monday 21st January 2019 The Standard Bank KZN Top Business Leader's award is an honorary award given t... view more
Monday 21st January 2019 The Partnership award is given to a project which ref lects the importance of ef... view more
Monday 21st January 2019 The Winner is Fairmont Zimbali Resort
Fairmont Zimbali Resort pro... view more
Friday 18th January 2019 Many well-known brands have been grown from within KZN and have made an indelibl... view more
Friday 18th January 2019 Arnold Stegen MD of Aquellé said, "This is a huge honour for us." He added,... view more
Thursday 17th January 2019 TRADE SECTOR AWARD - The 2018 winner is ... Hirsch's
Hirsc... view more
Thursday 17th January 2019 The Winner is SLG (Pty) Ltd SLG Group CEO Mthoko Mbatha said, "As SLG, we are ... view more
Thursday 17th January 2019 The winner is Blue Security Blue Security managing director Henk van Bemmelen sa... view more
Thursday 17th January 2019 FMI, a division of Bidvest Life Ltd, was recently named Top Business in the Fina... view more
Wednesday 16th January 2019 The winner is Tronox.
Tronox is the world's largest fully integ... view more
KZN Leaders
Saturday 26th January 2019 KZN LEADERS PORTFOLIO is a natural progression from the KZN Top Business Portfol... view more
Friday 5th October 2018 Neville Matjie has been appointed CEO of Trade and Investment KZN, effective Oct... view more
Sunday 6th May 2018 Saskia Hill, owner of MCS Debt Recovery, says that the success of her bus... view more
Monday 26th March 2018 PAUL SAAD, FutureLife's CEO said, "I am humbled that FutureLife is now recognise... view more
Sunday 25th March 2018 Carol Coetzee, (CEO of the KZN Film Commiss... view more
Sunday 25th March 2018 BRYAN BAYLIS, has had a long and satisfying professional career in the financial... view more
Sunday 25th March 2018 ABDOOL KADER (BABOO) ESSA joined his father, Haroon Essa, at Frimax Foods, strai... view more
Sunday 25th March 2018 DOMINIC COLLETT is a professional engineer whose career has been driven by the d... view more
Sunday 25th March 2018 ARNOLD VERMAAK, the chairman of Durban based Constantia Afripack lives by the Ma... view more
Sunday 25th March 2018 ANANT SINGH, CEO and chairman of the Videovision Entertainment Group, and South ... view more
Top Stories News 24
Monday 18th February 2019 The judicial commission of inquiry into allegations of state capture is scheduled to continue in Parktown, Johannesburg, with the testimony of National Treasury officials, including former director-general Lungisa Fuzile. view more
Monday 18th February 2019 Sentencing proceedings of property expert Jason Rohde, who was convicted of the murder of his wife Susan, resume in the Western Cape High Court. view more
Sunday 17th February 2019 While ANC election campaign leader in the Western Cape, Ebrahim Rasool accuses outgoing Western Cape Premier Helen Zille of using her husband to rescue her state of the Province Address, Zille reponds saying the claiims are "pathetic". view more
Sunday 17th February 2019 The body of a 12-year-old boy whose body was swept away in a swollen river in Verulam, KwaZulu-Natal on Saturday has been recovered. view more
Monday 18th February 2019 Kingsmead and Durban cannot be blamed for South Africa's stunning loss to Sri Lanka, writes Lloyd Burnard. view more
Monday 18th February 2019 Here are the top world news videos for today. WATCH.. view more
Monday 18th February 2019 Following an outcry from many of the movie industry's most prominent figures, the Oscars have scuttled a plan to show 4 awards during commercial breaks. view more
Sunday 17th February 2019 If the Lions are in transition, it already seems a healthy exercise based on their jinx-ending heroism in Buenos Aires, writes Rob Houwing. view more
Sunday 17th February 2019 The Office of the ANC Chief Whip in the National Assembly has confirmed the resignation of ANC MP Dr Zukile Luyenge, who defected to the African Transformation Movement (ATM). view more
Sunday 17th February 2019 Democratic Alliance (DA) leader Mmusi Maimane embarked on a whirlwind visit of Limpopo this weekend as the party tries to garner support ahead of the 2019 general elections. view more
Sunday 17th February 2019 In the run-up to the 2019 national elections, the Democratic Alliance has launched a new billboard with the focus on load shedding. view more
Sunday 17th February 2019 Rescue workers retrieved 24 bodies and eight survivors Saturday from two flooded gold mines in Zimbabwe where officials fear dozens more illegal miners are still trapped, state television has reported. view more
Sunday 17th February 2019 A report says that the ANC's top six had "red-flagged" 32 ANC members who will now be scrutinised by the party's integrity committee. view more
Sunday 17th February 2019 The complainant's version has reportedly been rejected by the panel, while Mabe's could be corroborated by witnesses. view more
Sunday 17th February 2019 President Cyril Ramaphosa may not have had the political capital to announce the re-establishment of a Scorpions-type unit, but he should have at least started the conversation, those in the know say. view more
Sunday 17th February 2019 Marnus Schoeman was the unlikely hero as visitors the Lions buried a Super Rugby jinx by defeating the Jaguares in Argentina for the first time. view more
Sunday 17th February 2019 A South African photographer has won a top award for his work on sharks at the World Shootout 2018 awards. view more
Sunday 17th February 2019 The City of Cape Town has made key shifts in the way it thinks about water and has come up with a draft strategy that hopes to cushion citizens from future water shocks. view more
Sunday 17th February 2019 Self-proclaimed prophet Shepherd Bushiri's multimillion-rand private jet has been attached by the Asset Forfeiture Unit amid allegations that he fabricated loan agreement papers to acquire it. view more
Saturday 16th February 2019 A group of German friends claimed a world record for the highest number of people dressed and painted blue in the regulation smurf attire - curly hats and all - gathered in one place. view more
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KZN Business Sense
Saturday 26th January 2019
Wednesday 12th December 2018
Monday 10th December 2018
Tuesday 27th November 2018
Tuesday 27th November 2018 Acknowledgment is one of those things that you don't think about until you not... view more
Tuesday 27th November 2018 The announcement that almost R200bn had been pledged by the private sector at th... view more
Tuesday 27th November 2018 Certification day after the International Labour Organisation's Start Your Bus... view more
Tuesday 27th November 2018 Neville Matjie is the chief executive officer of Trade & Investment KwaZulu-... view more
Tuesday 27th November 2018 Can a Board of Directors skip the disciplinary procedure and use a fast-... view more
Tuesday 27th November 2018 EThekwini Municipality and its investments promotion unit, Invest Durban, have c... view more
Zululand Chamber news
Wednesday 13th February 2019 ZCCI CEO, Thabani Shale had a meeting with Deputy Mayor of uMlalazi Municipality Cllr BP Simelane and Municipal Manager of uMlalazi Municipality, Raymond Mnguni today (13 February 2019). The load shedding schedule for industrial and retail areas will be amended. Load shedding will occur at start of the shift or towards the end of the view more
Friday 8th February 2019 30-January-2019 The Commission for Conciliation Mediation and Arbitration (CCMA) and Business Unity South Africa (BUSA) have collaborated to launch a free-to-use Web Tool dedicated to help smaller businesses with labour relations processes and matters. The joint initiative is one of the flagship projects outlined in the Presidential Jobs Summit Framework Agreement and has gone view more
Tuesday 5th February 2019 Please see the list of possible projects at the RBIDZ, Tender Advert- ICT Projects view more
Friday 1st February 2019 The efforts by the provincial government to empower young people aiming for a career in business and entrepreneurship received a resounding applause from various quarters on Thursday. This was after the KwaZulu-Natal Acting Premier Sihle Zikalala launched a first of its kind R50 million KZN Youth Fund geared towards and billed as a long-lasting solution view more
Tuesday 15th January 2019 The KwaZulu-Natal Business Chamber Council (KBCC) held their annual strategic planning session at Aloe Lifestyle Hotel in eShowe last week, under the leadership of ZCCI president, Judith Nzimande. The session was also attended by the Durban Chamber President Musa Makhunga, Pietermaritzburg Chamber President, Bonginkosi Mshengu and CEO Melanie Veness, Fabcos founding member Nathi Mbele; Ilembe view more
Monday 10th December 2018 The SMME Committee AGM will be held on 12 December 2018 at 13h00 at Nyoni Room at ZCBF Community Park. RSVP to manager@zcci.co.za Nominations for the SMME Committee needs to be submitted by 12:00 on 12 December 2018. Nomination Form for SMME Forum Committee view more
Thursday 6th December 2018 Invitation – ZCCI Youth Chapter workshop (13 December 2018) view more
Wednesday 31st October 2018 Carol Ofori, East Coast Radio DJ will be the programme director during the 2018 ZCCI Business Excellence awards ceremony on 28 November 2018 at Umfolozi Casino. Thami Sithole, Port Manager for Richards Bay is the guest speaker. Please book you seat by contacting Lihle Msweli on 035 797 1807 or pr@zcci.co.za view more
Tuesday 30th October 2018 Thabani Shale, ZCCI CEO welcomes the positive messages outlined in the Minister of Finance's maiden budget policy statement. The Minister of Finance has emphasized to restore of good governance and fight corruption in all of its forms. The key is the employment of qualified, competent and incorruptible officials. The focus on reducing the view more
Friday 26th October 2018 “First Female Boss elected for KwaZulu-Natal Business Chambers Council” Read the article on P2Â of the KZN Business Sense newspaper. KZN Business Sense V4.4 pdf view more
Durban Chamber news
Tuesday 27th November 2018 The Durban Chamber of Commerce and Industry, in partnership with Transnet Port T... view more
Monday 26th November 2018 The Durban Chamber of Commerce and Industry has held an Annual Gala Dinner to co... view more
Wednesday 21st November 2018
Friday 16th November 2018
Monday 12th November 2018
Tuesday 6th November 2018
iLembe Chamber of Commerce news
KZN News
Monday 18th February 2019 Unbundling Eskom will cost the state coffers another bailout, but without a restructure the power utility could drag down the country's credit rating which will have dire consequences for the economy and jobs, analysts warn. view more
Monday 18th February 2019 Theresa May will lead a major diplomatic drive to persuade European Union leaders to save her Brexit agreement, as she faces a rebellion from Cabinet ministers who want to stop the UK leaving without a deal. view more
Monday 18th February 2019 Have a money problem that needs solving? Fin24 can help! This month our focus is on savings and how to better manage your budget. Send your question to editor@fin24.com or find the Money Clinic box on the right of our homepage. view more
Monday 18th February 2019 Load shedding returned with a vengeance, reaching levels of severity not seen for four years and analysts say it has blown up into the biggest political threat facing President Cyril Ramaphosa's ANC just three months away from elections. view more
Sunday 17th February 2019 This list looks at seven top South African products disrupting the traditional way of doing finance. view more
Business NEWS24
Monday 18th February 2019 Unbundling Eskom will cost the state coffers another bailout, but without a restructure the power utility could drag down the country's credit rating which will have dire consequences for the economy and jobs, analysts warn. view more
Monday 18th February 2019 Theresa May will lead a major diplomatic drive to persuade European Union leaders to save her Brexit agreement, as she faces a rebellion from Cabinet ministers who want to stop the UK leaving without a deal. view more
Monday 18th February 2019 Have a money problem that needs solving? Fin24 can help! This month our focus is on savings and how to better manage your budget. Send your question to editor@fin24.com or find the Money Clinic box on the right of our homepage. view more
Monday 18th February 2019 Load shedding returned with a vengeance, reaching levels of severity not seen for four years and analysts say it has blown up into the biggest political threat facing President Cyril Ramaphosa's ANC just three months away from elections. view more
Sunday 17th February 2019 This list looks at seven top South African products disrupting the traditional way of doing finance. view more
Sunday 17th February 2019 While Public Enterprises Minister Pravin Gordhan is hoping to get a report back from the team tasked with assessing the problems at Eskom within two weeks, an analyst says bringing in external help shows the risk of outsiders coming into the power utility's "challenging" culture. view more
Sunday 17th February 2019 Police and intelligence officers will be deployed to Eskom's power stations to prevent sabotage as the government implements a plan to end outages and help the utility recover, reports the Sunday Times. view more
Sunday 17th February 2019 Shahied Daniels, recently appointed as new CEO of the SA Institute of Professional Accountants, talks strategy with Fin24. view more
Sunday 17th February 2019 Samsung will open three US retail stores to promote its Galaxy line of smartphones as the South Korean giant sets to launch an updated flagship handset. view more
Monday 18th February 2019 "Africa's Most Successful Trader" and "international bestselling author" Jacques Magliolo is being accused of fraud and running a Ponzi scheme. view more
Sunday 17th February 2019 Reducing spending is expected to take centre stage in this year's Budget, but questions remain about where the Finance Minister Tito Mboweni will manage to find money, given the current tough economic climate. view more
Sunday 17th February 2019 Platinum's lesser-known cousin keeps going from strength to strength, says David Fickling. view more
Sunday 17th February 2019 Public Enterprises Minister Pravin Gordhan says government owes South Africans an explanation on how multi-billion projects such as the Medupi and Kusile coal plants failed, Public Enterprises Minister Pravin Gordhan has said. view more
Sunday 17th February 2019 It is unfortunate that "a few rogue accountants" managed to tarnish the image of the accounting profession in SA, says the new CEO of the SA Institute of Professional Accountants. view more
Sunday 17th February 2019 Sometimes, on a bad night, Brad Strong wakes at 02:00 and can't get back to sleep. The insomnia isn't about his family or money or health. It's about tariffs. view more
Sunday 17th February 2019 SA law has been changed in relation to the exemption of foreign employment income and effective 1 March 2020 this exemption will be capped, says a tax expert. view more
Saturday 16th February 2019 About 71% of South Africans surveyed by Pernod Ricard feel the country is less convivial - or happy - than five years ago. view more
Saturday 16th February 2019 All parents carry the responsibility to financially support their children, with very rare exceptions, explains attorney Simon Dippenaar. view more
Saturday 16th February 2019 Fin24 talks to Total's Adewale Fayemi about the company's significant find at Brulpadda, and how the next steps will unfold. view more
Saturday 16th February 2019 Based on previous losses, it is likely that the loss to SA's GDP due to Eskom load shedding since last Sunday has been about R1bn per load shedding stage per day, says an analyst. view more
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JCCI Business News
Wednesday 28th November 2018 Parklands College is an independent school in Cape Town, South Africa, that caters for children from Pre-
Primary to Grade 12. Our focus is innovation in education and we believe that the best way to prepare... view more
Wednesday 28th November 2018 THE JOHANNESBURG CHAMBER OF COMMERCE AND INDUSTRY BUILDS ON ITS DECADES OF EXPERTISE, KNOWLEDGE AND EXPERIENCE TO LAUNCH A GLOBAL TRADE, CUSTOMS AND LOGISTICS ACADEMY
JCCI has served the interests of business... view more
Wednesday 28th November 2018 The Chamber staff were sad to hear of the passing of a dear colleague, Eunice Magagula, who retired in
December 2017 after 30 years of service.
Eunice took care of the thousands of delegates attending... view more
Wednesday 28th November 2018 Mr Van Dzung - Ambassador of Vietnam and Mr Dao Duc - Head of Trade Office and a high ranking delegation of Da Nang City of Vietnam met with JCCI President, Herman Breedt and Bernadette Zeiler - Head of... view more
Wednesday 28th November 2018 MTHOKO MBATHA is the Group Chief Executive Officer of Spring Lights Gas (Pty) Ltd (abbreviated to SLG) the second largest natural gas trading company in South Africa. He has served the company in various... view more
Wednesday 28th November 2018 At the end of March 2017, 24.68 million consumers were credit-active in South Africa, of which 14.99 million were in good standing. The balance either had impaired records (three or more payments or months in... view more
Wednesday 28th November 2018 Regional economic integration of the continent is key for its continued development. This is a strategy that
has been driven forward by many regional institutions including the Southern African Development... view more
Wednesday 28th November 2018 Although South Africa has the 10th largest road network in the world, its need and efficient usage must be
interrogated, says Skhumbuzo Macozoma, CEO of the SA National Roads Agency SOC Ltd (SANRAL).
He said... view more
Wednesday 28th November 2018 Sandile Xolo, marketing and communications manager at Ithala SOC Ltd. says, "Funeral cover is the most soughtafter insurance in the country.
Death remains an inevitable part of the human journey, making... view more
Wednesday 28th November 2018 Professional firms might spend their days advising clients on their finances, but even they are aren't immune from the problem of late payments.
Having a challenging conversation with your client about money... view more
Wednesday 28th November 2018 Compliance Hub Consulting (Pty) Ltd was founded in 2011, to service the South African business industry as an independent service provider for Broad Based Black Economic Empowerment (BBBEE).
Within a... view more
Wednesday 28th November 2018 The Youth Employment Services (YES) amendments to the B-BBEE Codes were gazetted on 28 August 2018 and Practice Guide 1 on 12 October 2018.
YES is a partnership with government, labour and civil society and... view more
Wednesday 28th November 2018 Managing the dangers of debtors
Studies have shown that approximately 80% of small business enterprises fail within the first five years and only 1% of the remainder grow to employ ten or more... view more
Wednesday 28th November 2018 In a refreshingly frank presentation to the freight industry last week, acting chief officer Customs & Excise,
Beyers Theron, conceded that the revenue authority had failed to deliver on its mandate of... view more
Wednesday 28th November 2018 Johannesburg Chamber of Commerce and Industry's (JCCI) immediate Past President, Ernest Mahlaule, has been appointed chairperson for the Gauteng Growth and Development Agency (GGDA).
Congratulations on your... view more
Wednesday 28th November 2018 Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa's property sector.
Property... view more
Wednesday 28th November 2018 The South African Chamber of Commerce UK is an umbrella organisation and conduit for trade, community and investment into and out of South Africa. The SACC aims to bring under one concerted effort, a forum and... view more
Wednesday 28th November 2018 DRG Outsourcing and BusinessFit have been accepted as Platinum members of the London-based South African Chamber of Commerce UK (SACC) and to be represented on the South African arm of its executive... view more
Monday 26th November 2018 Managing the dangers of debtors
Studies have shown that approximately 80% of small business enterprises fail within the first five years and only 1% of the remainder grow to employ ten or more... view more
Friday 14th September 2018
Friday 14th September 2018 Herman Breedt, President of the Johannesburg Chamber of Commerce and Industry I wish to take this opportunity to thank my fellow Board members for their time, hard work and constructive input. My thanks also... view more
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Engineering News
Friday 15th February 2019 A report indicating that the South African government may seek to renegotiate power purchase agreements (PPAs) concluded with independent power producers (IPPs) in 2011 and 2012 is raising alarm bells within the industry, which is still recovering from a protracted period of uncertainty created by Eskom's refusal to sign new PPAs between 2015 and 2018. Business Day reported on Friday that Public Enterprises Minister Pravin Gordhan had proposed that contracts concluded during the first two bid windows of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) be renegotiated to "alleviate pressure on Eskom and the electricity tariff". view more
Friday 15th February 2019 A lobby group representing South African banks urged President Cyril Ramaphosa to prioritise the country's wider interests rather than securing votes for the ruling African National Congress if he is to boost confidence in the economy before May elections. Ramaphosa's plan to split its troubled power utility Eskom Holdings into three separate parts has met resistance from the country's largest labor federation, which has been in an alliance with the ANC and the country's communist party since winning the nation's first multi-racial elections in 1994. While his administration has replaced boards and top executives at state-owned companies, including Eskom, it hasn't embraced the job cuts needed to bring costs down or the privatisation of State assets. view more
Friday 15th February 2019 Construction is a depressing place to be at the moment, says Hogan Lovells partner and construction head Clive Rumsey, citing the lack of large infrastructure projects, deriving from lacklustre economic growth and a backlog in tender adjudication, as some of the reasons why the sector is struggling financially. "Of the major players in the construction sector, divisions of Basil Read and the Liviero Group have already gone into business rescue, Group Five is sitting at around 70c a share . . . Aveng around 5c a share," he comments. view more
Friday 15th February 2019 JSE-listed Barloworld Group shareholders have voted in favour of the company's broad-based black economic empowerment (BBBEE) share scheme, Khula Sizwe, following an extraordinary general meeting. The industrial brand management group on Friday, said this transaction will pave the way for it to increase its BBBEE ownership contribution by 14 percent, improving overall ownership to around 48%, excluding mandated investments. view more
Friday 15th February 2019 At a time when electricity tariffs are increasing and the shift towards greener energy is gaining momentum, law firm Baker McKenzie says Africa is starting to see a surge in the signing of corporate power purchase agreements (PPAs). view more
Friday 15th February 2019 Independent Communications Authority of South Africa (Icasa) chairperson Rubben Mohlaloga has been sentenced to 20 years in prison for fraud and money laundering. Mohlalonga was sentenced - alongside former acting head of the Land Bank Philemon Mohlahlane and attorney Dinga Rammy Nkwashu - on Thurday at the Pretoria Specialised Commercial Crimes Court, the National Prosecuting Authority confirmed. view more
Friday 15th February 2019 Daimler Trucks & Buses Southern Africa (DTBSA) CEO Jasper Hafkamp is confident that the momentum seen in the second half of the year in terms of new-truck sales in the local market will continue into 2019. The first half of 2018 was "very bad", but the outlook improved significantly as the year progressed, especially in the fourth quarter, he notes. view more
Friday 15th February 2019 Paper and packaging company Mondi said on Friday it expected earnings before interest, taxes, depreciation, and amortization for the year ended December 31 to be above that of the comparable prior year period of €1.48-billion. Mondi, which will release its results on February 28, said special item net charges after tax for the year would be around €92-million, of which €81-million was recognised in the first half. The group recognised special item net charges after tax of €53-million the previous year. view more
Friday 15th February 2019 Pioneer Foods said on Friday its turnover increased by 7.8% in the four months to 31 January, primarily driven by price inflation in bread, wheat flour, rice, export fruit and a sound volume growth in these products and breakfast cereals in the UK. The owner of brand names such as Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko and White Star said the overall like-for-like volume growth was two percent, excluding the contribution of the acquired businesses Wellington and Lizi, implying basket inflation of 5.8%. view more
Friday 15th February 2019 Grand Parade Investments said on Friday it had filed to close its Dunkin' Donuts and Baskin Robbins franchises in the country due to poor performance and would instead channel capital into its chain of Burger King outlets. "The decision to exit Dunkin' Donuts and Baskin Robbins was made following sustained losses in these businesses and an unsuccessful process to dispose of these businesses," the company said in a statement. view more
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Rand Exchange Rate
