2014年8月29日 星期五

2014-08-30 South Africa Business

  South African Broadcasting Corporation   
South Africa's rand weak as trade data, Ukraine pile pressure  Reuters Africa
JOHANNESBURG Aug 29 (Reuters) - South Africa's rand weakened against the dollar on Friday, pressured by a bigger-than-expected domestic trade gap and a low appetite for risky assets as investors worry about Ukraine-Russia tensions. The revenue ...

Resilient rand shrugs off dismal trade data   BDlive
S.African municipalities underspend on budget   CNBCAfrica.com
South African Trade Gap Widens to 6.9 Billion Rand in July   Businessweek
Business Recorder   
iAfrica.com   
all 34 news articles »   

  Independent Online   
Huge fuel price cut next week  iAfrica.com
The prices of petrol, diesel, illuminating paraffin and Liquefied Petroleum Gas will decrease next Wednesday, providing much-needed relief for motorists. According to the Department of Energy, both grades of petrol will decrease by 67 cents/litre, diesel will ...

Petrol price to drop by 67c/l   BDlive
Petrol price to drop 67 cents   Independent Online
Petrol price to drop by 67 cents   Eyewitness News
Hindu Business Line   
all 14 news articles »   

  Independent Online   
Woolworths boss seal David Jones deal  Independent Online
Cape Town - As Woolworths chief executive Ian Moir prepared to close the biggest deal of his life -- the $2 billion (R21 billion) acquisition of Australian retailer David Jones - he was hospitalised for back surgery. “I had put it off and put it off but I couldn't put it ...

South Africa's Woolworths plans $940 mln rights offer   Reuters Africa
Woolworths CEO Beats Back Surgery to Grab David Jones   Bloomberg
Woolworths To Raise $937M To Repay David Jones Financing   Law360 (subscription)
BDlive   
Sydney Morning Herald   
all 14 news articles »   

  ITWeb   
'Not all of us are idiots'  ITWeb
Engineering body Cesa has been slammed for its views on e-tolling, with opponents saying it has a close relationship with Sanral. Consulting Engineers South Africa (Cesa) has come under fire for its presentation to the e-tolls advisory panel, with opposition ...

E-tolls harm poor: Satawu   Sowetan
Satawu says e-tolls is harming the poor, increasing food prices & will result in job ...   Eyewitness News
'Pay e-tolls or face road ruin'   Times LIVE
Independent Online   
BDlive   
Citizen   
all 68 news articles »   

  The Africa Report   
Eskom plans to defend nuclear tender  BDlive
POWER utility Eskom said on Thursday it would “vigorously oppose” an application by Japanese-US nuclear specialists Westinghouse Electric to suspend the award of the R4.3bn contract for six steam generators for Koeberg to its French rival, Areva.
We were robbed, says nuke bidder   Mail & Guardian Online
Westinghouse challenges Eskom nuclear contract   Independent Online
UPDATE 1-Westinghouse challenges Areva South Africa nuclear contract   Reuters Africa
iAfrica.com   
all 16 news articles »   

  Independent Online   
Gautrain pulls a #metrofail on commuters  Independent Online
Johannesburg - Thousands of Gautrain passengers were left frustrated on Friday morning when a power cable fell onto the Gautrain tracks in Midrand. Gautrain spokesman Errol Braithwaite said Gautrain services to the airport and between Marlboro and the ...

Car crash causes Gautrain disruption   News24
Gautrain services disrupted in Joburg after car crashes into Eskom pylon   Times LIVE
Gautrain stations closed due to power outages   Citizen
eNCA   
Eyewitness News   
all 10 news articles »   

  Independent Online   
S. Africa's Top Investor Pledges Vigorous Governance Push  Businessweek
South African companies suffer because board members sometimes grow too close to management and aren't scrutinizing their performance sufficiently, Public Investment Corp.'s Chief Investment Officer Dan Matjila said. Photographer: Dean Hutton/ ...

PIC seeks to boost sluggish growth, lift returns   Independent Online
PIC investments 'to grow returns, lift SA economy'   BDlive
South Africa's PIC looks to double investments in other African countries   Pensions & Investments

all 9 news articles »   


Sub-Saharan Africa has more opportunities than SA - Hyprop CEO  Moneyweb.co.za
JOHANNESBURG – Sub-Saharan Africa is showing more development activity in the retail sector than South Africa and the country's third largest property company Hyprop Investments is no doubt following the rapid growth. The development growth in the ...

Shopping centre owner Hyprop boosts distribution   BDlive
Hyprop grows distribution and NAV by 11,3% and 11,1% respectively for 2014 ...   eProp.co.za

all 3 news articles »   


Drive to prevent SMMEs being fenced in by red tape  eNCA
Johannesburg - Diepsloot Township could become a key player in helping the South African economy grow. Government has stepped in to provide business start-up tools to budding entrepreneurs in the area. eNCA. Small Business Development Minister ...

Impact of small business incubation hub on business development   CNBCAfrica.com
Development Comes to Diepsloot   AllAfrica.com

all 3 news articles »   


Pan African warns on dividend  Mining MX
[miningmx.com] – PAN African Resources said it may cut its dividend to UK investors as low grades at its Evander operations hurt profits. The gold miner said it will at least maintain its 2013 dividend of 13.14 cents a share in Rand terms, or a total of R240.3m.
Lower grade gold hits Pan African Resources   Coutts
Pan African Resources sees lower full year EPS   RTT News
Pan African Resources expecting lower full-year earnings   Creamer Media's Mining Weekly

all 7 news articles »   

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