2014年8月19日 星期二

2014-08-20 South Africa Business

  Business Recorder   
Moody's lowers ratings on big banks  BDlive
THE aftershocks from last week's collapse of unsecured lender African Bank have continued to ripple through SA's financial services sector, with all four major banks downgraded on Tuesday night by Moody's and placed on review for further cuts. The rating ...

Moody's Downgrades Biggest South African Lenders on African Bank   Businessweek
Moody's downgrades South Africa's four biggest banks   South African Broadcasting Corporation
UPDATE 1-Moody's downgrades South Africa's four biggest banks   Reuters
Financial Times   
all 141 news articles »   

  The Australian Financial Review   
Australia shares dip as investors dump BHP on spin-off fears  Reuters
... * ASX 200 dips 0.1 percent, BHP posts biggest one-day fall since March on spin-off fears, missed expectations. * Media sector, food and beverage companies have mixed results. * 100 shares higher, 77 shares lower, 23 shares unchanged (Adds analysis, ...

BHP Billiton to Spin Off Units, Reversing Consolidation Trend   New York Times
BHP Billiton shares slump on demerger, results   WA today
BHP Billiton spinoff valued at up to $12 billion   MarketWatch
Business Spectator   
Irish Times   
all 513 news articles »   

  Independent Online   
Shoprite upbeat on future  The New Age Online
strength to strength: Shoprite has pumped R1.2bn into opening new stores in preparation for the eventual economic upswing in South Africa and continued growth on the continent. picture: Getty Images. Print. divider. Mail. divider. Bookmarkl and Share Share.
Shoprite Shifts Investment Focus to Africa as Profit Slows   Businessweek
Shoprite shares slump after bleak outlook   Eyewitness News
South Africa's Shoprite shares slump after bleak outlook   Reuters Africa
Moneyweb.co.za   
BDlive   
all 23 news articles »   

  ITWeb Africa   
SAP Wants A Bigger Bite Out Of African Enterprise Market And Commits $500 ...  MSN Malaysia News
SAP, the German enterprise software giant, has committed to invest $500 million by 2020 in the African region. The goal is to grow its business across five main regions in Africa — South Africa, Nigeria, Kenya, Angola, and Morocco — but it said most of the ...

SAP to Invest as Much as $500 Million in Africa to Boost Growth   Bloomberg
SAP to invest $500 million in Africa through 2020   ZDNet
SAP Invest US$500 Million to Drive Africa Growth   AllAfrica.com

all 35 news articles »   

  Independent Online   
Harmony plans to idle Target 3  BDlive
HARMONY Gold Mining Company, SA's third-largest producer of the metal, said it plans to idle its loss-making Target 3 operation in the country and has started talks with labour unions. The mine, which employs close to 1,500 people, has made a cumulative ...

Harmony Gold to shutter unprofitable shaft, possible job cuts   Reuters Africa
Harmony Gold to shut down mine   iAfrica.com
Harmony placing shaft on care and maintenance, 2015 guidance at 1.2Moz   Creamer Media's Mining Weekly
Mining MX   
Moneyweb.co.za   
all 17 news articles »   

  Independent Online   
Africa's middle-class boom is real, study shows – and it's gaining speed  The Globe and Mail
The rise in Africa's middle class has been over-hyped in recent years, but it is still a genuine phenomenon that is generating huge commercial and political opportunities, a new study says. The analysis released on Tuesday by Standard Bank, a South African ...

Who is the middle class?   Moneyweb.co.za
Middle Class in Nigeria, Others to Balloon, Says Standard Bank   THISDAY Live
Sub-Saharan middle class grows - bank   Independent Online
BDlive   
all 15 news articles »   

  Independent Online   
Business rescue provisions in Companies Act 'groundbreaking', says Davies  BDlive
TRADE and Industry Minister Rob Davies considers the provisions for business rescue in the Companies Act as "groundbreaking". He referred to statistics by the Companies and Intellectual Property Commission which show that since business rescue ...

More than 1000 businesses need rescuing: Davies   Sowetan
Thousands of SA businesses need rescuing: Minister   BusinessTech
More than 1000 businesses need rescuing – Rob Davies   Citizen
The New Age Online   
Times LIVE   
all 13 news articles »   

  Independent Online   
Six Employees Arrested for Cable Theft  AllAfrica.com
Pretoria — Six employees of City Power have been arrested and charged with fraud and theft in relation to a recently stolen cable drum worth R4.5 million at the Randburg depot, Johannesburg. The six suspects, comprising four electricians and two team ...

City Power has suspended five employees over the theft of cable drums worth ...   The New Age Online
City Power employees arrested   Independent Online
City Power officials suspended for cable theft   Citizen
eNCA   
City Press   
all 12 news articles »   

  Independent Online   
Land Bank to Drive Commercial Agriculture  AllAfrica.com
Midrand — Deputy Minister of Finance Mcebisi Jonas has called for the Land Bank to drive commercial farming as it was fundamental for creating jobs in the country. "We must also bear in mind that jobs in the agricultural sector, if you are to massify them it is ...

Land Bank to get new CEO   eNCA
Agricultural sector needs to be formidable: Jonas   Sowetan
Land Bank wrapping up process for new CEO   BDlive
Independent Online   
Bernama   
iAfrica.com   
all 19 news articles »   


Market watcher: David Shapiro - Sasfin  Moneyweb.co.za
Siki Mgabadeli is an award-winning financial journalist. She has worked for various broadcasters in South Africa as a reporter, producer, anchor and editor. Her well-rounded grasp of business and politics has seen her anchor various TV current affairs ...


and more »   

沒有留言:

張貼留言