2014年10月22日 星期三

2014-10-23 South Africa Business

  Independent Online   
SA's Nene slashes growth forecasts  Independent Online
Cape Town - South Africa's economic growth will be slower and its budget deficit bigger this year than forecast, the finance ministry said on Wednesday, vowing to keep a tight grip on spending to stop the country's credit rating slipping to junk. In his first policy ...

Expect tax increases in 2015   Moneyweb.co.za
South Africa finance minister warns economy at 'turning point'   Business Recorder
Medium-Term Budget: Nene's House of pain and cutbacks   Daily Maverick
Politicsweb   
Businessweek   
all 228 news articles »   

  Independent Online   
UPDATE 2-South Africa's Northam seals $600 mln black empowerment deal  Reuters
... * Northam seals black empowerment deal. * Cash injection could fund acquisition (Adds chief executive quotes, detail, share price). By Zandi Shabalala. JOHANNESBURG, Oct 22 (Reuters) - South Africa's Northam Platinum has sealed a $600 million deal ...

Northam could build R7bn warchest   Mining MX
South Africa's Northam seals $600 mln black empowerment deal   Reuters Africa
Northam launches R6.6bn empowerment deal   Independent Online
Bloomberg   
Eyewitness News   
all 21 news articles »   

  Citizen   
Huge job losses in ICT sector – Solidarity  Citizen
The ongoing restructuring in the information and communications technology industry puts employees under immense pressure, trade union Solidarity said on Wednesday. Share & Rate this article. Share on email Email. Multimedia. Zuma will resign ...

Retrenchments mounting in ICT sector: union   TechCentral

all 9 news articles »   

  Business Recorder   
Average inflation for 2014 revised slightly upwards  BDlive
NATIONAL Treasury has revised slightly upwards its 2014 consumer price index (CPI) forecast for 2014 to 6.3% from 6.2% previously. Finance Minister Nhlanhla Nene delivered his maiden medium-term budget policy statement in Parliament on Wednesday.
SA's inflation figure dips   iAfrica.com
South African September Inflation Slows to 5.9% Below Est   Businessweek
S.Africa's annual inflation rate drops to 5.9%   CNBCAfrica.com
Reuters Africa   
all 16 news articles »   

  Moneyweb.co.za   
S/Africa's current account deficit widened - Minister  StarAfrica.com
South Africa's current account deficit has reached 5.5 percent of the Gross Domestic Product (GDP) over the past two years, according to the National Treasury's Medium Term Budget Policy Statement (MTBPS) tabled Wednesday.Presenting the mini-budget ...

A medium-term budget: an effort to draw the line   ITInews
Wealthy? Brace yourself   Moneyweb.co.za
Current Account Deficit Widens   AllAfrica.com

all 8 news articles »   

  Citizen   
Abil loans under fire  Citizen
FILE PICTURE: African Bank's offices on August 7, 2014 in Brooklyn in Pretoria, South Africa. African bank has been struggling to keep afloat with share prices falling from R2.70 to 99c on Thursday, August 7 2014, resulting in further financial turmoil after it ...

Abil bailout won't affect taxpayers – Treasury   Moneyweb.co.za
National Treasury Expecting African Bank Relisting Next Year   AllAfrica.com

all 4 news articles »   

  TechCentral   
E.tv's holding company suspends executive chairman Marcel Golding  Mail & Guardian Online
Pending a disciplinary hearing into "gross misconduct", Hosken Consolidated Investments has suspended its executive chairman. Hosken Consolidated Investments, in a surprise move late Wednesday announced that it had suspended its executive chairman ...

HCI suspends Marcel Golding due to “gross misconduct”   Moneyweb.co.za
BEE company suspends Marcel Golding on allegations of gross misconduct   BizNews
Hosken Suspends Chairman Golding for Alleged Gross Misconduct   Businessweek

all 9 news articles »   

  Times LIVE   
South Africa gives Eskom R20 billion help  Moneyweb.co.za
“Capital injections will be raised in a way that has no effect on the budget deficit.” South Africa will raise at least R20 billion rand by selling shares in listed companies, stakes in state-owned entities and real estate to finance a bailout for power utility Eskom ...

Rescue of South Africa's Eskom Awaiting Verdict by S&P   Businessweek
Eskom Receives Government Windfall to Alleviate Revenue Struggles   African Business Review

all 6 news articles »   

  The Nation   
For Swiss, a Distasteful Jolt With Coffee: Hitler Creamer  New York Times
PARIS — The labels on Swiss mini-cream containers tend toward the pastoral and cuddly, with pleasant images of Alpine landscapes and locomotives, or dogs and cats. So it was something of a shock to one consumer at a Swiss train station to find the face of ...

'Hitler' cream strikes sour note for Swiss   Gulf Daily News
'Hitler' cream leaves Swiss retailer red-faced   The Nation
Please pass a creamer — the one with Hitler on it   Columbus Dispatch
Mediaite   
Reuters   
News24   
all 37 news articles »   

  News24   
Stones block Bloemhof main sewer  News24
Johannesburg - A blocked pipeline resulted in sewage flowing into the Bloemhof Vaal River, the DR Ruth Segomotsi District Municipality said on Wednesday. "Stones were deliberately pushed into the pipeline by unknown people through the manhole," said ...


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