SAA chair makes
another top
executive change
South African Airways
(SAA) has made its
seventh chief executive
appointment in less
than four years, with the
national carrier’s head of
technical, Musa Zwane,
now replacing Thuli
Mpshe as acting chief
executive.
Reserve bank
governor
announces another
repo rate increase
The South African
Reserve Bank (SARB)
will raise the repurchase
rate by 25 basis points
to 6.25% per annum,
effective from tomorrow
(20 November 2015).
European car
manufacturer
invests R6bn into
SA production plant
German-owned
automotive
manufacturer, BMW, has
awarded a R6-billion
contract to its plant in
Rosslyn, Pretoria for the
production of the new
generation BMW X3 for
the domestic and export
markets.
Figures provide
perspective on real
CBS threat
As with most statistics,
context is what provides
the necessary perspective
– and Citrus Black Spot
(CBS) is no exception.
Zimbabwe revs up
engine on local
car design and
manufacture
In a move that could see
Zimbabwe designing
and manufacturing
its own car model,
a memorandum of
understanding (MoU)
has been signed in
Harare between the
Zimbabwean government
and Italian firm El
Badaoui Grou.
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