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Current account deficit grows
Current account deficit grows

South Africa's current account deficit has increased to about 5.5% of the Gross Domestic Product (GDP) over the past two years.

23 Oct 2014 08:55

Higher profit pressure faces state-owned enterprises
Higher profit pressure faces state-owned enterprises

Members of Parliament have responded to Finance Minister Nhlanhla Nene's inaugural Medium Term Budget Policy Statement (MTBPS), which he tabled in Parliament on Wednesday (22 October).

By Neo Semono 23 Oct 2014 08:26

Standard Bank to implement IBM's Watson technology
Standard Bank to implement IBM's Watson technology

Standard Bank has signed an agreement to implement IBM's new Watson technology which breaks traditional barriers in computing by embracing artificial intelligence, natural language processing and dynamic learning when assisting customers and businesses with the interpretation of data.

21 Oct 2014 06:09

Zuma will maintain Parliamentary obligations
Zuma will maintain Parliamentary obligations

The Office of the President says a media report that President Jacob Zuma will no longer attend to his Parliamentary responsibilities is both incorrect and grossly misleading.

20 Oct 2014 09:02

Oasis Crescent's distribution of 50.2c a unit
Oasis Crescent's distribution of 50.2c a unit

Oasis Crescent Property Fund says its interim distribution per unit increased by 13.8% to 50.2c in the six months to September from 44.1c a year ago.

17 Oct 2014 12:34

Zimbabwe: Africa's first cashless society?
Zimbabwe: Africa's first cashless society?

Zimbabwe's GDP in 2013 was $12.8-billion; of that, $5.5-billion, or 43%, moved through Econet's mobile banking system. Within 12 months, says Strive Masiyiwa, the founder of Zimbabwean mobile operator Econet Wireless Zimbabwe, the country will become a totally cash-free society, Africa's first.

By Sulaiman Philip 15 Oct 2014 13:52

Mall payment kiosks for Ekurhuleni residents
Mall payment kiosks for Ekurhuleni residents

Ekurhuleni residents will soon be able to walk into major malls around the city and pay for or view their municipal services accounts while at the mall.

13 Oct 2014 07:11

Investec announces winners of 2014 Junior Innovators competition
Investec announces winners of 2014 Junior Innovators competition

A "Heating Kettle Bottle" - a battery-powered kettle and water bottle - has taken the winning title in the third annual Junior Innovators competition hosted at Investec in Sandown earlier this week.

10 Oct 2014 13:00

Gordhan threatens municipal managers
Gordhan threatens municipal managers

Cooperative Governance and Traditional Affairs Minister Pravin Gordhan has written to MECs in all provinces to explain how senior managers in key municipal positions should be appointed.

9 Oct 2014 11:19

African Bank's Nalliah to retire early
African Bank's Nalliah to retire early

African Bank's (ABL) acting Chief Executive Nithia Nalliah has received approval from the board of the embattled unsecured lender‚ which is currently under curatorship‚ to retire early.

By Evan Pickworth 9 Oct 2014 10:47

Incompetent CFOs should be fired says Dube-Ncube
Incompetent CFOs should be fired says Dube-Ncube

KwaZulu-Natal MEC for Co-operative Governance and Traditional Affairs, Nomusa Dube-Ncube, has backed national government's call to dismiss municipal Chief Financial Officers (CFOs) who lack qualifications, experience or commitment to perform their duties.

8 Oct 2014 07:49

Growing investment interest in SA
Growing investment interest in SA

South Africa's Ambassador to Italy, Nomatemba Tambo, says local businesses are benefiting from bilateral trade agreements between the two countries.

7 Oct 2014 09:24

THE-A to invest in tertiary education and businesses in SA
THE-A to invest in tertiary education and businesses in SA

The European Investment Bank says it is planning to make funding available to several small and medium enterprises and universities in South Africa with a view to contributing to development.

7 Oct 2014 08:49

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