2015年7月25日 星期六

2015-07-26 South Africa Business


Times LIVE
   
Lonmin to axe 6 000 jobs as platinum slides   
Times LIVE
Anglo Platinum Miners board a lift to take them underground on July 4, 2014 at Thembelani Shaft in Rustenburg. Image: Simphiwe Nkwali / Sunday Times. London-based platinum producer Lonmin is closing two of its high-cost, loss-making shafts and cutting ...

Lonmin to cut jobs, close shafts amid platinum slump   Mail & Guardian Online
South African shares hit two-week low, Lonmin tumbles   Reuters Africa
6 000 employees likely to be affected by shaft closures - Lonmin   Politicsweb
Sky News Australia   
all 145 news articles »   


Times LIVE
   
Repo rate increase raises debt concerns   
Times LIVE
The Reserve Bank raised interest rates on Thursday in a controversial bid to keep inflation at bay and protect the rand, despite growing evidence that flagging investment, consumption and confidence all pose risks to the sluggish economy. The decision ...
mortgage mistakes to avoid   Stuff.co.nz
How repo rate increase will affect you   Independent Online
S.Africa lifts repo rate to 6 pct to curb inflation risks   Reuters Africa

all 148 news articles »   


Eyewitness News
   
Eskom implements stage 2 load shedding   
Eyewitness News
The power utility says load shedding is expected over the weekend due a constrained power system. Power failure. Picture: Free Images. FILE. Eskom says some of the generators are not performing optimally & there's been an increase in electricity demand ...

Eskom says power supply under pressure   Times LIVE
Stage 2 loadshedding from 8am   Independent Online
It's load shedding Saturday, says Eskom   iAfrica.com
The New Age Online   
all 49 news articles »   


Times LIVE
   
'Impose import tariffs or steel mills will close'   
Times LIVE
Thousands of South African steel workers stand to lose their jobs if the government does not impose tariffs against cheap imports from China by the end of August. "We are not trying to hold a gun to government's head," said Paul O'Flaherty, the CEO of ...

Lakshmi Mittal's South African steel empire under pressure   Economic Times
ArcelorMittal considers closing some plants   BDlive
Nicola's Notes: Job losses mount   Independent Online
Reuters Africa   
Bloomberg   
all 50 news articles »   


Telegraph.co.uk
   
Emerging market currencies crash on Fed fears and China slump   
Telegraph.co.uk
The currencies of Brazil, Mexico, South Africa and Turkey have all crashed to multi-year lows as investors flee emerging markets and commodity prices crumble. The drastic moves came as fears of imminent monetary tightening by the US Federal Reserve ...

Rand sinks to 14-year low as China worries weigh   Times LIVE
S.Africa's rand sinks to 14-year low as China worries weigh   Reuters Africa
Rand falls to 14-year lows in EM sell-off   Moneyweb.co.za
Bloomberg   
Independent Online   
Eyewitness News   
all 23 news articles »   


BDlive
   
Samwu requests extension to consider wage proposal   
BDlive
South African Municipal Workers Union members march towards City Hall in Nelson Mandela Bay municipality earlier this month. Picture: THE HERALD/MIKE HOLMES. Related articles. Samwu's woes worsen amid suspension issue · Two-week wait likely as ...

Samwu still uncertain if it will strike   Eyewitness News
Municipal union concludes wage negotiations   Jacaranda FM
Samwu, water boards ink wage deal   Independent Online

all 7 news articles »   


Yahoo News UK
   
Survey of Five African Countries Highlights Importance of Social Media   
AllAfrica.com
A survey conducted by GeoPoll in Kenya, Democratic Republic of Congo, Ghana, Nigeria, and South Africa reveals Social media as the most popular online tool for supporting business growth as one of their key findings. Other key findings include: 44% of ...

Obama hails Africa as a continent 'on the move'   ITV News
Opinion: Obama And The Era Of Afri-preneurship   AFKInsider
US plans investor roadshow for Africa to boost investment   Yahoo News UK
htxt.africa   
all 24 news articles »   


Independent Online
   
Southern Africa energy suficient by 2019   
Independent Online
Johannesburg - Southern African energy ministers said on Friday that the region would achieve energy sufficiency by 2019, wiping out the present shortfall of 8 247 megawatts (MW) of electricity. They said that the projects for new power generators ...
Power Africa   Yumanewsnow
SADC says it can end power shortages by 2019   Moneyweb.co.za
SADC Ministers target 2019 for electricity surplus, cost-reflective tariffs   Creamer Media's Mining Weekly

all 7 news articles »   


Times LIVE
   
Anglo to cull staff by selling assets   
Times LIVE
A worker pushes a trolley past a board outside the Anglo American offices in Johannesburg. File photo. Image: SIPHIWE SIBEKO Reuters. Mark Cutifani's 18-month-long battle to rein in costs at Anglo American will see the company shave off more than a ...
Anglo American and Lonmin to cut up to 12000 jobs   Financial Times
Anglo American could put more assets up for sale if market gets tougher   Reuters Africa
Anglo American to Slash 53000 Jobs as Commodity Price Falls Hit Results   Wall Street Journal
Bloomberg   
Independent Online   
all 132 news articles »   


Class action bid against Merc over 'scam'   
Independent Online
Cape Town - More than 30 Cape Town and Joburg residents believe they were scammed out of millions of rands in a BEE scheme involving Mercedes-Benz Financial Services South Africa, and are trying to institute a class action against the car giant.
Tears over messy BEE scheme   The New Age Online

all 2 news articles »   

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