Cape Town Business News

Trade protectionism is a serious risk to global economic growth as countries emerge from recession, Finance Minister Pravin Gordhan said on Wednesday. In a speech prepared for delivery to the American Chamber of Commerce in South Africa, Gordhan also said...

The deal size between Bharti Airtel and MTN was estimated to be worth over 23 billion dollars and the combined entity would have been among the top five operators globally with revenues worth 20 billion dollars and 200 million subscriber...

September as the global slowdown continued to hit demand, with declines in Europe offset by double-digit growth in China. The London-based maker of Miller Lite, Peroni and Grolsch said in a statement on Thursday that half-year underlying volumes fell 1%...

Electricity parastatal Eskom's latest proposed tariff hike will administer "a serious shock to the economy" next year, Business Unity South Africa (Busa) said on Wednesday. The price hike would hit South Africa's economy "just when it should be coming out...

Although the bidding is set for October 30, delivery of the commodity is scheduled anywhere between March and April next year, the Department of Agriculture (DA) said. Among the possible suppliers eyed are companies based in Thailand, Vietnam, China, Pakistan,...

Pickets are planned across the country on Wednesday as part of a global worker protest organised by the International Trade Union Confederation. "Here in South Africa the focus will be on labour broking, which Cosatu has vowed to see outlawed,"...

Consumer confidence retreated modestly in the third quarter of 2009, according to the FNB/Bureau of Economic Research consumer confidence index released on Wednesday. During the third quarter of the year, the index decreased by 3 points, from +4 during the...

THE 22-hectare Barangaroo site at east Darling Harbour has been selected by the Clinton Climate Initiative's climate positive development program, which aims to reduce the carbon dioxide emissions of large urban developments to below zero.