Telkom���s loss climbs more than 50-fold after impairment cost
Source: Mail and Guardian
Pretoria :: South Africa | updated 2013-06-14 03:13:15 -0700 | business-news
Telkom's loss climbs more than 50-fold after impairment cost 14 Jun 2013 11:00 Chris Spillane The company says its 2013 financial results reaffirm the need to act with urgency to turn the group's performance around. Government blocked the sale of...
Wage demands threaten markets: Sarb
Source: News 24
Pretoria :: South Africa | updated 2013-06-04 12:17:11 -0700 | business-news
An unstable labour market and high wage demands pose a threat to the country's economic growth outlook, the SA Reserve Bank said on Tuesday. In the monetary policy review (MPR) released in Pretoria, Sarb said labour markets remained constrained by...
The fall of the rand: Zuma's big idea
Source: Daily Mail & Guardian
Pretoria :: South Africa | updated 2013-06-03 07:30:56 -0700 | business-news
Some believe the rand's fall has been exaggerated, adding that it will recover soon. But the president has made plans for a worst-case scenario. (Gallo) Our Coverage More Coverage From talking up South Africa to international investors and trying to...
Zuma: South Africa needs you
Source: News 24
Pretoria :: South Africa | updated 2013-05-30 14:41:21 -0700 | business-news
President Jacob Zuma said on Thursday South Africa needs faster economic growth and a stable and growing mining sector is needed to accomplish this. The government cannot deliver this on its own, he said at a media briefing at the...
Government fund allocates R13bn to job growth
Source: Mail and Guardian
Pretoria :: South Africa | updated 2013-05-29 06:39:39 -0700 | business-news
R5-billion to an environmental sustainability fund, R3-billion for a "priority sectors" fund and R5-billion for a private-equity fund, the Pretoria-based fund said in a statement on Wednesday...The government's pension fund, which manages more than R1-trillion, plans to invest 5% of its...
Plastics pricing meltdown
Source: Daily Mail & Guardian
Pretoria :: South Africa | updated 2013-05-16 15:38:13 -0700 | business-news
The battle between the Competition Commission and Sasol over whether South African plastics are too pricey has begun in earnest. Two plastics manufacturers have testified how high prices prejudice them when they are up against cheap imports, which has even...
GroFin strengthens Oman hub with new general manager
Source: Times of Oman
Pretoria :: South Africa | updated 2013-05-12 23:22:43 -0700 | business-news
GroFin, the pioneering small and medium enterprises (SME) development financier in Africa and the Mena, announced the appointment of Sami Al Hassan as General Manager of its operations in Oman. Sami has been a member of the GroFin team for...
Seecrypt Group Inc. lanza el servicio de voz y mensajeria encriptada y una aplicacion para ...
Source: PR Newswire
Pretoria :: South Africa | updated 2013-05-06 23:16:12 -0700 | business-news
Actualmente, disponible para telefonos Apple y Android Smartphones, Seecrypt Mobile posee una interfaz sencilla de usar, similar a las populares aplicaciones de mensajeria social existentes. Seecrypt Mobile es un servicio completamente privado, con una experiencia de uso sencilla, facil de...
The Fabulous Lives Of 15 Wall Street Offspring
Source: BusinessInsider
Pretoria :: South Africa | updated 2013-05-06 07:02:00 -0700 | business-news
Just like you and me, Wall Streeters from all parts of the industry get the itch to settle down and start a family at some point. That means they have kids that share their fabulous lives we decided to track...
Gupta family?s strong links with SP
Source: The Hindu
Pretoria :: South Africa | updated 2013-05-02 14:34:33 -0700 | business-news
The prominent Gupta family (of brothers Ajay and Atul) of South Africa, which has landed in a row with the authorities over a private aircraft landing at a military base in Pretoria, has strong ties with the ruling Samajwadi Party...
Why Africa’s agribusiness sector holds potential for private equity
Posted by: kjang07
Pretoria :: South Africa | updated 2012-12-14 05:38:56 -0800 | business-news
The African Agriculture Fund (AAF), managed by private equity fund manager Phatisa, provides equity funding to companies operating in the food production value chain in sub-Saharan Africa. It has recently concluded an agreement to invest up to US$10.5 million in...
Israel angry at South African move to label goods made in West Bank settlements
Posted by: northsunm32
Pretoria :: South Africa | updated 2012-07-26 17:42:57 -0700 | business-news
If the South African decision is implemented it will be the first country to force companies to inform consumers which goods were produced in the settlements. Denmark however is considering a similar step and other EU countries could follow. Moves...
No bull: White's men have turned it around
Source: Sydney Morning Herald
Pretoria :: South Africa | updated 2012-06-22 23:13:18 -0700 | sports-news
Too late to catch Speight ... winger Henry Speight beats a defender and dives over in the corner for one of the Brumbies' five tries against the Bulls in Pretoria on Saturday. Photo: AFP It has taken a while, but...
South Africa suffering from high unemployment
Posted by: northsunm32
Pretoria :: South Africa | updated 2012-07-27 16:58:19 -0700 | business-news
An article in Bloomberg news paints a gloomy picture of South African development since 1994 when Nelson Mandela came into power. Mandela promised jobs and a good business climate. However now in 2012 the unemployment rate is 24 per cent....
South Africa: Gordhan to Table 2012 Budget
Source: Africa Headlines
Pretoria :: South Africa | updated 2012-05-20 14:49:29 -0700 | political-news
Gordhan will table his budget in Parliament at 2pm on Wednesday, at a time when the country's budget deficit is under the spotlight...October last year, Treasury projected that the budget deficit would narrow from 5.5% of GDP in the current...
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