Michelle Gumede
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Past articles by Michelle:
SA tractor sales soften while combines soar
February numbers point to farmers preparing to harvest a bumper grains crop, though momentum is unlikely to be sustained → Read More
Trellidor eyes fixed-security growth as load-shedding cuts home spending
Gearing increased above the group’s targeted net debt/ebitda ratio of 1.5 times and the board opted not to declare an interim dividend → Read More
Sappi and Ngodwana Energy take on contractors for biomass plant defects
Legal action after South Korean-built energy unit fails to operate at optimum level → Read More
Ngodwana Energy takes on contractors for biomass plant defects
Legal action after South Korean-built energy unit fails to operate at optimum level → Read More
Mpact decries red tape preventing it from adding power to grid
Plants operate five days a week but produce solar power seven days a week, says CEO Bruce Strong → Read More
Market loves Bidvest’s energy successes
Shares leap the most in 24 years, adding R12bn to Bidvest’s market capitalisation → Read More
Nampak lenders arm themselves with debt advisers
Shareholders want a new funding package launched before considering a R1.5bn rights offer → Read More
Bidvest reports double-digit growth for half-year
Bidvest says six out of its seven divisions achieved real trading profit growth with many individual businesses recording record months during the period under review. → Read More
‘Bullish’ Bidvest gears up to diversify automotive business
Bidvest says six of its seven divisions achieved real trading profit growth, with many individual businesses recording record months during the period under review. → Read More
Q&A: Amira Osman wants architecture to take centre stage
The new SAIA president says she wants the profession to move out of the shadows of ‘niche’ → Read More
Distressed local poultry industry gears up for export drive
Exports are an important strategic growth move, but it will take the industry at least another 24 months to effect and then export → Read More
AECI rides the wave of high commodity prices boosting miners
Overall performance ‘reflects significantly improved sales’ in its mining, water and agri-health divisions → Read More
AECI hit by Ukraine war but enjoys wave of high commodity prices
Explosives and chemicals group writes down value of German business → Read More
AECI hit by Ukraine war but enjoys wave of high commodity prices
Explosives and chemicals group writes down value of German business → Read More
WBHO earnings rebound after Australia exit
Construction company says all divisions reported healthy growth in their order books, which together rose by almost a fifth → Read More
Murray & Roberts banks on renewable energy projects to invigorate growth
Total order book stood at R16.1bn at the end of December with the lion’s share in mining → Read More
Mondi looks to packaging solutions for e-commerce for growth
Paper-and-packaging group reports 112% surge in profit before tax in the year ended December → Read More
Roses and brickbats for budget speech
While some lauded it for providing relief over the electricity crisis and the rising cost of living, others cautioned against the effect of cuts → Read More
Bidcorp profit soars on resurgent hospitality industry
Food services group says revenue in the six months to end-December exceeded the pre-Covid levels in all divisions and announces a hefty increase in its interim dividend → Read More
Super Group lauds efficiency of Maputo corridor
Transport corridor is a preferred route for SA’s logistics companies amid woes of local infrastructure → Read More