December 22, 2024
The GM model that's evaded me in SA until now - I did drive examples in the USA - is the Cruze. This has been a huge success story for GM all over the world and it's not difficult to see why. The styling is pleasing to most…
The announcement, made by Finance Minister Tendai Biti during a presentation of the 2012 National Budget, reignited hope for an industry that suffered immense decline during the hyperinflationary period that ended in 2009. The Financial Gazette's Property Correspondent, Paul Nyakazeya (PN) this week spoke to the immediate past…
After all, the company was in receivership in its home land as recently as June 1, 2009 when it applied for United States government bankruptcy assistance.Since then, there has been a remarkable turnaround, Opel operations excepted. This company's continued woes are surprising as the new Meriva and the…
Giving an update at the company's annual general meeting on Friday last week, ZPI managing director Edson Muvingi said the evicted tenants had failed to realise that they needed to change their models if they were to survive in a US dollar economy."They (tenants) were evicted through the…
Money for the project was sourced locally from BancABC and construction is expected to commence by the end of this month. A South African company, Chattels, assisted by a local constructor, ZICON, have been awarded the contract for the new conference facility development. Tower Construction have been awarded…
Some manufacturers, in particular GM and VW, apparently saw it coming before the others and are presently reaping the rewards of their early investments. Behind the wall, so to speak, a host of previously unknown domestic manufacturers started to emerge and the best-known of these is Great Wall…
Therefore, please note that any reference to price applies only to vehicles bought through the official Toyota South Africa network.There's something of a traffic jam developing in the lower ranks of the SA car market, so much so that traditional segmentation is no longer sufficiently defined to cater…
Chairperson, Elisha Mushaya-karara, said this after the company's revenue for the half year ending March 31, 2012 increased by 35 percent to US$3,6 million, from US$2,6 million last year.The company's operating profit rose by 66 percent to US$2,5 million, from US$1,8 million during the same period the previous…
To say the organisers learned from that venture is an understatement as the 2012 version of the Zimbabwe Motor Show was an unqualified success which the organisers can be justifiably proud of.No fewer than 10 000 spectators thronged through the turnstiles at Old Georgians were rewarded with a…
The Chamber of Mines' 2011 annual report, which was released last Friday at the Chamber's Annual General Meeting, said the property portfolio, which constitutes 68 percent of the total investment, achieved an average rental yield of 8, 97 percent for the period under review.The Chamber of Mines represents…