The oil market is set for "more problems" this year as increasing supplies from countries including Russia and Iraq add to the global glut that drove prices almost 50% lower last year, according to Morgan Stanley.Output may increase from fields ...read more

Aveng says headline earnings per share for the six months ended December last year are anticipated to plunge at least 45% from the previous comparative period ...read more

Construction firms Power Construction West Cape and Haw & Inglis were allegedly involved in collusion and bid-rigging on a tender issued by the SA National Roads Agency (Sanral) for periodic maintenance of the N1 from Touws River to Laingsburg. ...read more

Elements of troubled airline’s long-term strategy must be implemented ‘with speed’, says finance ministry ...read more

The plans include a possible investment in the Eastern Cape’s sorghum industry as SA gears up to make biofuels from ethanol ...read more

Paul O’Flaherty asks: should steel makers shut up shop in the absence of any silver bullet that can resolve environmental issues? ...read more

Presidency says procurement process will now be designed and launched, after talks with US, South Korea, Russia, France, Japan and China ...read more

This protest-filled year will be remembered as a mixed one for local government, write Karen Heese and Kevin Allan ...read more

The world of complex spend management can often frustrate the typical procurement executive, as each category that encompasses this area has its own distinct set of capabilities, competencies, solutions, and yes, even performance metrics. Events management ...read more

Rainfin’s decision to diversify can help in facilitating growth in the small business sector ...read more

South Africa has suffered its worst power shortages in six years this month due to creaking power plants and emergency maintenance. Eskom is facing a $20-billion funding shortfall over the next four years, forcing the government to consider selling state ...read more

The government’s substantial infrastructure programme outlined in the National Development Plan is expected to drive demand for steel over the next decade, says Department of Trade and Industry Deputy Minister Mzwandile Masina. He told over 250 ...read more

The Department of Mineral Resources would like to warn members of the public against an organised syndicate (s) scamming unsuspecting members of the public and claiming to act on behalf of the department. One of the ways in which the syndicate operates ...read more

A study of 430 companies conducted by the Italian sustainable procurement organisation Acquisti & Sostenibilità found two thirds of firms define the factors of sustainability across the supply chain. According to the Sustainable Supply Chain ...read more

We introduce the idea that there are four primary “pillars” that mark the foundation of the modern strategic sourcing program – spend analysis, sourcing, contract management, and supplier performance management. All four are critical ...read more

SMA Solar Technology South Africa, the market leader for solar inverters will be officially launching their multimillion rand manufacturing facility in Cape Town on Friday, 12 December. The facility includes a production line and quality test centre ...read more

Besides tenders for cruise terminals at the Cape Town and Durban harbours, Transnet National Ports Authority (TNPA) plans to release a series of request for proposals (RFPs) in the coming months for terminal prospects at a number of the country’s ...read more

Acquisition of Dangote Flour Mills hits group’s earnings, heightening ‘desire to make sure we don’t drop catches’, says CEO Peter Matlare. Mr Matlare concedes that Tiger got it wrong when it came to assessing the competition ...read more

This week, the Organisation for Economic Cooperation and Development (OECD) published a ground-breaking report that dissects the massive and mostly hidden phenomenon of transnational corruption. Looking at more than 400 bribery cases across 41 countries ...read more

Premier Foods, one of the UK's biggest manufacturers, has been asking its suppliers for payments to continue doing business with the firm. One supplier said the practice - known as pay and stay - was like "blackmail". Newsnight understands ...read more

State-owned freight company signs a memorandum of understanding with CSR Zhuzhou Electric Locomotive to set up manufacturing facilities in SA ...read more

Clorox is one of the leading practitioners of open innovation. Not many people really know this, but it becomes obvious, when you interact with Clorox people and listen to their presentations. Navin Kunde , Business Networks Leader at Clorox, recently ...read more

PwC report finds scarce resources, shift in global economic power to emerging markets, urbanisation are driving infrastructure spend in Africa ...read more

Once again, the Corruption Perceptions Index results are not fundamentally different from previous years: the majority of African countries still have a score of less than 50 per cent, which in our view depicts a situation of endemic corruption. In a ...read more

According to Forbes, high-level trends like the growing skills gap increase pressure on staff to “stay relevant, choose degrees that turn into jobs and constantly reinvent themselves”. Top HR Workplace Trends in 2015 1. Expect the skills ...read more