2015年6月11日 星期四

2015-06-12 South Africa Business


South African public sector unions withdraw from govt wage deal   
Reuters Africa
CAPE TOWN, June 11 (Reuters) - South African public sector unions have withdrawn from a wage deal and threatened to strike after the government decided to "unilaterally implement" a lower pay offer, union officials said on Thursday. The decision by ...


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Moneyweb.co.za
   
Major changes at African Bank: Tom Winterboer - curator, African Bank   
Moneyweb.co.za
SIKI MGABADELI: Failed unsecured lender African Bank Limited has reported a R9.3bn loss for the 12 months to September 2014, and a 58% increase on its restated R5.9bn loss for the 2013 financial year. African Bank was placed under curatorship by the ...

African Bank CEO Kirkinis Paid 2.1 Million Rand Last Year   Bloomberg
Results show true extent of African Bank rot   Mail & Guardian Online
African Bank plans comeback by October   BDlive
BusinessDay   
all 20 news articles »   


htxt.africa
   
Drone standards must be fair or industry will be grounded: CUAASA   
htxt.africa
The Commercial Unmanned Aircraft Association of Southern Africa (CUAASA) has called on SA's Civil Aviation Authority (CAA) to treat all licence applicants fairly. In a statement, it noted that drones (or Remotely Piloted Aircraft Systems) could be used for a ...

Industry body warns that new UAV regulations will harm South Africa   defenceWeb
New rules threaten to ground drones, industry body says   BDlive

all 4 news articles »   


Independent Online
   
Mining production recovering from strikes   
Independent Online
Johannesburg - Mining production continued to pick up as different parts of the sector, most notably platinum, recovered from last year's wave of strikes while sales continue to stutter. This was a reflection of stagnating or falling commodity prices, Statistics SA ...

Mining production increases in April   BDlive
Mining production rises 7.7% y/y in April   Creamer Media's Mining Weekly
Mining production continues recovery from strikes while sales continue to stutter   The New Age Online

all 5 news articles »   


CNBCAfrica.com
   
S.Africa's renewable energy plan needs a close eye   
CNBCAfrica.com
South Africa has become one of the leading destinations for renewable energy investment with an estimated R193 billion already committed. South Africa has become one of the leading destinations for renewable energy investment with an estimated R193 ...

Green power steams ahead   ITWeb
South Africa: Eskom and domestic coal supply   World Coal

all 3 news articles »   


Times LIVE
   
Eskom in the dark too   
Times LIVE
"Wherever Eskom executives live, they will be affected accordingly. The fact that Megawatt Park is not exempt is a clear sign that even Eskom executives do experience load-shedding," said company spokesman Khulu Phasiwe. File photo. Image by: ESKOM ...

Eskom moves to stage 2 load shedding for second consecutive day   BDlive
Eskom Raises Power Cuts as 1500 Megawatts Lost From Mozambique   Bloomberg
Stage 2 loadshedding from 4pm   Independent Online
iAfrica.com   
AllAfrica.com   
Moneyweb.co.za   
all 41 news articles »   


ITWeb
   
Net1 buys 25% stake in Nigerian credit provider (UEPS)   
Seeking Alpha
Net1 UEPS (NASDAQ:UEPS) has bought a 25% stake in One Credit Limited, a Nigerian provider of credit to unbanked, salaried consumers. It's also providing One Credit with a $10M credit facility via convertible equity-linked notes. Naturally, Net1 will provide ...

Net1 takes 25% stake in Nigerian finance firm   ITWeb
Net1 Makes Strategic Investment in Nigerian Consumer Finance Provider One ...   CNNMoney
Net 1 UEPS Technologies Inc.: Net1 Makes Strategic Investment in Nigerian ...   The Wall Street Transcript

all 10 news articles »   


Moneyweb.co.za
   
Rand halts slide   
Moneyweb.co.za
JOHANNESBURG – South Africa's rand sunk to a session low against the dollar on Thursday after the dollar strengthened and April factory output unexpectedly contracted before paring losses. At 18:29 the rand had weakened 0.36% to 12.3473, pulling back ...

South Africa's rand halts slide after factory output disappoints   Business Recorder (press release) (blog)
Rand softer ahead of factory data   Independent Online
Euro to South African Rand (EUR/ZAR) Exchange Rate Forecast to Soften ...   Euro Exchange Rate News
RTT News   
Yahoo Finance UK   
all 34 news articles »   


Moneyweb.co.za
   
South African stocks mixed, Aveng weighs on market   
Reuters Africa
JOHANNESBURG, June 11 (Reuters) - South Africa's main stock indices ended Thursday on a flat footing as Aveng pulled the market down, preventing a second straight day of gains. The benchmark JSE Top-40 index ended the day down 0.22 percent to ...

Aveng shares plunge 16%   Moneyweb.co.za

all 6 news articles »   


BDlive
   
Clothing industry announces R300m wage agreement   
BDlive
ABOUT 85‚000 clothing workers in SA will receive above-inflation increases this year‚ with higher percentage adjustments for workers outside of the big metros where salaries are traditionally lower than in the cities. The deal was announced by the ...

Wage deal agreed for textile industry   Independent Online

all 4 news articles »   

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