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Oji slumps to $130m loss on revenue decline and margin squeeze

Paper milling and packaging giant Oji has reported a huge loss in its New Zealand operations, with profits tumbling from $52 million in 2022 to $103m in the. ....

Kawerau , New-zealand-general , New-zealand , Japan , Japanese , Norske-skog , Companies-office , Oji-oceania-management , Graeme-hart , Carter-holt , Goji

Noose tightens around tender baron Sodi

As controversial businessman Edwin Sodi celebrated his 50th birthday in a lavish party on Sunday, his legal woes were mounting. ....

Rooiwal , North-west , South-africa , Tshwane , Limpopo , Barcelona , Comunidad-autonoma-de-cataluna , Spain , East-rand , Gauteng , Johannesburg , Free-state

Protests, corruption have cost Mpumalanga

The construction of a parliamentary village for Mpumalanga legislature members in Mbombela has hit many brick walls that its completion has been delayed for several years. ....

Mpumalanga , Kwazulu-natal , South-africa , Khoza-freelance , Comment-policy , Mpl , Delays , Construction , White-hazy-construction , Thomas-mnisi , Mbombela

Sodi pockets more millions from another failed project

ANC benefactor Edwin Sodi’s company has had yet another tender terminated for poor performance, but he had already pocketed R130m on the incomplete project. ....

Sasolburg , Free-state , South-africa , Chuene-ramphele , Logan-maistry , Wayne-duvenage , Parys-correctional-services , Edwin-sodi , Performance , Contract , Sowetan , Thamsanqa-mchunu