2014年8月24日 星期日

2014-08-25 South Africa Business

  Independent Online   
Wiggill saga: Discovery ordered to pay  Independent Online
The High Court in Johannesburg has ordered insurer Discovery to pay R11.5 million to murdered businessman Jeff Wiggill's partner, the Business Times reported on Sunday. Discovery had been embroiled in a legal battle with Wiggill's partner of nine years, ...

Discovery's wriggle backfires   BDlive
Discovery ordered to pay R11.5m in Wiggill saga   Citizen

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  Citizen   
Aurora liquidators back in court  Citizen
A R1.7 billion claim against mining company Aurora's insolvent estate is expected to continue in the High Court in Pretoria on Monday, the Sunday Independent reports. Share & Rate this article. Share on email Email. Multimedia. 'I feel betrayed' ...

Aurora: will Zuma authorise SIU probe into nephew's mine deal?   eNCA
Liquidators gun for Zuma, Mandela   Independent Online

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  Independent Online   
'MEC's husband linked to R33m deal'  Independent Online
A company linked to KwaZulu-Natal local government MEC Nomusa Dube-Ncube's husband has been awarded a R33 million tender to install water pipes for a municipality, the Sunday Times reported. Afriscan Construction was appointed the main contractor ...

KZN MEC's husband linked to another murky water deal   Times LIVE

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  Independent Online   
Real People hit by bond demand fall  BDlive
REAL People Investments Holdings, a South African provider of small loans, is in funding talks with development finance institutions after the collapse of African Bank Investments Limited (Abil) wiped out corporate bonds demand. "It takes more time and it ...

African Bank hits Real People funding   Independent Online
South African money funds 'break the buck'   Financial Times
Hindsight is an exact science, but...   Times LIVE
AFKInsider   
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  The Public News Hub   
R699 Cars CEO Suing Customer and Bank for R25 Billion  The Public News Hub
In what appears to be a flurry of lawsuits, the Chief Executive Officer of Satinsky, Albert Venter is suing left right and centre following the collapse of the company that was offering customers cars at an average repayment rate of R699 per month, a figure way ...

R669 motorists to turn up heat on lender banks   Times LIVE
R699 CEO suing WesBank for R20bn   Independent Online
Satinsky 128 sues WesBank for R20 bn   Citizen
eNCA   
BusinessTech   
East Coast Radio   
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Fitch Affirms China Hanking at 'B+'; Outlook Revised to Negative  Reuters Africa
(The following statement was released by the rating agency) HONG KONG, August 24 (Fitch) Fitch Ratings has affirmed iron ore mining company China Hanking Holdings Limited's (Hanking) Long-Term Issuer Default Rating (IDR) and senior unsecured rating ...

Fitch: China's 4G Rollout Boosts ZTE's Financial Profile   Reuters

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Media24, Paarl Media merger fails  Independent Online
Johannesburg - Paarl Media Group had informed Media24 that it was abandoning its merger application following Caxton, a direct competitor, being allowed to intervene in the proceedings at the Competition Tribunal, Lambert Retief, the non-executive ...

STOCK TALK: Control of Naspers is still a mystery   BDlive

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Copper in Shanghai Swings Near 4-Week High as Stockpiles Fall  Businessweek
Copper in Shanghai swung between gains and losses near the highest in almost four weeks after stockpiles fell the most since May and before housing data in the U.S., the second-biggest consumer of industrial metals. Futures for October delivery on the ...

METALS-Shanghai copper hits highest since July as consumers buy   Reuters Africa

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  Times LIVE   
Is Capitec the next African Bank?  Moneyweb.co.za
We've recently seen the failure of African Bank, rising concerns about Capitec and other lenders, and the credit rating downgrade of the Big-4 South African Banks. In this Q&A we offer some context to these events. Is Capitec the next African Bank?
Abil's perfect storm stokes up Moody's jitters   BDlive
Ratings agencies divided on SA banks after Moody's downgrade   Times LIVE

all 6 news articles »   


INDONESIA PRESS-Food and beverage sales seen rising in 2014-Investor Daily  Reuters
The Indonesian Food and Beverage Association (Gapmmi) sees sales in 2014 rising 11 percent to 1,000 trillion rupiah ($85.40 billion) from 900 trillion rupiah a year earlier, said Chairman Adhi S. Lukman. Investment in the sector this year is expected to reach ...


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