Craig Martin: OneLogix a hot stock amid the market mayhem
The primary business (91% of revenue) of OneLogix is actually specialised transport and logistics. So they operate in that area that is likely to enjoy the benefits of lower fuel costs.
Search Results for: Transnet
SA, BHP Billiton sign R24-billion coal train deal
South African state logistics company Transnet said on Tuesday it had signed a 24 billion rand ($2.1 billion) deal with global mining group BHP Billiton
Grindrod: Thys Visser’s seed has grown shipper into a mighty business
In September 2011, I had a joint interview with then CEO of Remgro Thys Visser and Grindrod’s newly appointed boss, Alan Olivier. Remgro had just agreed to underwrite a R2bn capital injection into the KZN-based group and Visser saw it as the first step in a partnership he was keen to forge in the years … Read more
Construction industry at risk of huge claims, good news for long-term investors
Head of Research at Imara S.P. Reid, Stephen Meintjies, has some keen insights into potential risks facing construction companies, Raubex and Stefanutti in particular, as well as sound stock picks for the industry based on the inherent concerns. The risk identified is based on the possibility of civil damage claims totalling about R300m for collusion. Imara has stated … Read more
President Zuma’s State of the Nation address (in full)
State of the Nation Address By His Excellency Jacob G Zuma, President of the Republic of South Africa on the occasion of the Joint Sitting Of Parliament Cape Town, 17 June 2014 The Speaker of the National Assembly, The Chairperson of the National Council of Provinces; Deputy Speaker of the National Assembly and Deputy Chairperson … Read more
Gijima, DiData, and the strange SA tech sector
The technology sector in South Africa is a funny bird. In the US, there are a lot of software developers, social media companies, innovative manufacturers and such like, but in South Africa, the majority of companies listed on the JSE tech board are, essentially, resellers – companies that take existing items like servers, PCs, … Read more
On Government Business: Sizing up latest tenders, from dodgy deals to juicy contracts
Regular Biznews visitors may be pleased to learn that popular small business blogger Irvine Green has decided to also cast a discerning eye across the tender business. He’s got the knack for spotting money-making opportunities, but he also knows a scam when he sees one. At the very least, Irvine will highlight for you the … Read more
ADvTech’s turnaround completed; ready now for Curro-type rating?
One of South Africa’s more neglected natural resources is its people. Unemployment is high, and the education system, burdened by the legacy of apartheid, is still struggling to improve standards. This puts ADvTECH in a unique position. As a private education and recruitment company, ADvTECH is wholly focused on nurturing young talent, and finding and … Read more
Pravin Gordhan’s 2014 Budget Speech in full
Pravin Gordhan kicked off just after 2pm. Here is the full Budget Speech as presented to Parliament. You can download all the detail at a special section of the Treasury’s website by clicking here. Â – AH 2014 National Budget Address by Finance Minister Pravin Gordhan:Â I have the honour to present the fifth and … Read more
Kumba expects to be granted a key mining licence by June
Although Anglo American’s iron ore subsidiary Kumba had to go to court to fight off an attempted hijacking of its mineral rights by the politically connected Gupta family, it retains confidence in the SA legal processes. The company expects to secure another important mining licence during the first half of 2014. Seeing the SA mining … Read more