European stocks give up gains

Gains in European stocks were short-lived as bank shares slumped and miners and energy producers tracked losses in crude prices.

• Oil falls amid doubts
• American tower to purchase Spain's Cellnex
• TFG boosts local manufacturing with revamped R75mln factory
• Molefe removed as Eskom CEO, board may face chop too

Durban diplomats told to stay home during taxi strike

A diplomatic breakfast meeting intended to sell the eThekwini Metro as a choice foreign investment destination fell flat on Wednesday because of the massive taxi strike in the city.

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TFG boosts local manufacturing with revamped R75mln factory

The Foschini Group (TFG) on Wednesday officially opened its newly-expanded and revamped R75 million Prestige Clothing factory in Caledon in the Western Cape.

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• Kibo Mining begins development work at Imweru project
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European stocks give up gains

Gains in European stocks were short-lived as bank shares slumped and miners and energy producers tracked losses in crude prices.

• Oil falls amid doubts
• American tower to purchase Spain's Cellnex
• Deutsche Bank fined $41 million
• Firmer US demand signals a rate hike

Tobacco farming methods causing 'massive harm'

Tobacco growing causes “massive harm” to the environment through extensive use of chemicals, energy and water, and pollution from manufacturing and distribution.

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• Analysis: Finally Opec and shale oil industry talk
• Rand fall softens SA bank shares

The lure of tobacco

Over the last couple of decades, great effort was made to reduce tobacco consumption rates the world over.

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