2014年8月25日 星期一

2014-08-26 South Africa Business

  Irish Independent   
Could South Africa be on the brink of recession?  eNCA
Johannesburg – On Tuesday Statistics SA releases its GDP figures for the second quarter. But whatever the GDP results, much more needs to be done to get our economy on a healthy growth path. eNCA. South Africa will find out on Tuesday if the country is ...

Growth risks mount even as SA dodges a recession   Mail & Guardian Online
ECONOMIC WEEK AHEAD: GDP data to indicate if economy is in recession   BDlive
Key Canada Events: Week of Aug. 25-29   Wall Street Journal (blog)
Latin American Herald Tribune   
RTE.ie   
all 30 news articles »   

  ITWeb   
UPDATE 2-S.Africa prosecutors drop bribery charges against Pinnacle director  Reuters
... * Insider trading investigation ongoing. * Shares jump nearly 44 pct (Adds quote, background). By Helen Nyambura. JOHANNESBURG, Aug 25 (Reuters) - South African prosecutors have dropped charges of attempted bribery against a director of Pinnacle ...

JSE follows US, Europe into firmer territory   eNCA
SA stocks edge higher   Moneyweb.co.za
Tshivhase bribery charges withdrawn   ITWeb
Independent Online   
Eyewitness News   
all 25 news articles »   

  Ventures Africa   
We are a follower in the market: MTN  BusinessTech
MTN says it is a "follower and reactor player in the market" in South Africa, which, among other things, has led to a decision to retrench up to 14% of its local workforce. Gareth Vorster, August 26, 2014, 0 Comments. Free Email Newsletter: Subscribe. email this ...

Solidarity unhappy with MTN job cuts   ITWeb
S.Africa's MTN dismisses job cut claims   CNBCAfrica.com
Mass retrenchments for MTN   iAfrica.com
The New Age Online   
Eyewitness News   
all 32 news articles »   

  Independent Online   
Aurora court bid delayed  Independent Online
Pretoria - A bid by the joint liquidators of Aurora Empowerment Systems to hold the directors and managers of the insolvent company personally liable for the collapse of the Pomodzi mines will only commence in the High Court in Pretoria on Tuesday.
Aurora's Zuma, Mandela granted time   Mining MX
I introduced Nkandla architect to Zuma: Khulubuse   Times LIVE
Legal costs loom for Aurora directors   eNCA
Creamer Media's Mining Weekly   
Eyewitness News   
all 19 news articles »   

  BDlive   
Texton Property Fund reports distribution growth up by 10.6%  Moneyweb.co.za
JOHANNESBURG – Texton Property Fund will bet the fund's future growth on “tight management”, as the property counter announced a distribution growth of 85, 47 cents up by 10.6% for the year ended June 30. Investors from Texton Property Investments ...

Texton retains tight control of assets   CNBCAfrica.com
Texton grows distributions despite struggling office sector   BDlive
Texton Property Fund records 10,6% rise in distribution per share   eProp.co.za

all 4 news articles »   

  Independent Online   
'Lonmin to cut up to 5700 jobs'  Independent Online
Johannesburg/London - Platinum producer Lonmin aims to cut around 5,700 jobs, about 21 percent of its South African workforce, as part of a drive to restore profits after a five-month wage strike this year, sources familiar with the plan said. The plan would ...

Lonmin aims to cut up to 5700 South Africa jobs - sources   CNBCAfrica.com
Exclusive: Lonmin CEO denies job cuts plan, says focus is on ramp up   TODAYonline

all 24 news articles »   

  BDlive   
FirstRand 'to get cheap funds from new gold bond'  BDlive
THE world's first gold corporate bond, sold by FirstRand Bank last week, will provide cheap funding to the bullion-trading desk of SA's lender. The R2bn bond, redeemable in gold Krugerrand coins that are legal tender in the country, pays investors 50 basis ...

FirstRand Bank -Today's stocks pick within banking sector   CNBCAfrica.com
FirstRand sets up world's first gold-denominated bond   Independent Online
Gold bond new investor option   NumisMaster.com

all 4 news articles »   

  DestinyMan   
Winemaker Distell Growth Slows in Second Half on Consumer Woes  Bloomberg
Distell Group Ltd. (DST)'s second-half sales growth halved to about 2 percent by volume, compared with the first six months of the fiscal year, Richard Rushton, the managing director of South Africa's biggest wine and spirits producer, said by phone.
Distell records 12% revenue growth   Moneyweb.co.za
Distell's S.African spirits portfolio shows decline   CNBCAfrica.com
Distell's cider business shows growth   DestinyMan

all 5 news articles »   


Cape Town opens SA's first taxi rank that runs only on solar power  BDlive
THE City of Cape Town on Monday commissioned the first off-the-grid taxi rank, powered by solar energy and supplied with rainwater — an experiment the city hopes to replicate and therefore save millions in operating costs. Public facilities such as taxi ranks ...

Cape Town Transport Goes Green   AllAfrica.com
CT taxi rank goes green   iAfrica.com

all 5 news articles »   

  Reuters   
GLOBAL MARKETS-Asian shares firm, euro languishes on ECB easing hopes  Reuters
... * Ex-Japan Asia MSCI up 0.1 pct, Nikkei down 0.4 pct. * ECB easing expectations boost risk asset prices. * European shares rally, euro hits 1-year low. By Hideyuki Sano. TOKYO, Aug 26 (Reuters) - Asian shares inched higher on Tuesday as investors ...

Yen Gains First Time in Seven Days; Euro Touches 11-Month Low   Bloomberg
Central banks to lawmakers: You try growing this economy   New Zealand Herald
Government borrowing costs plunge as investors bank on QE   Irish Independent
Irish Examiner   
The Independent   
all 790 news articles »   

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