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| Today's top stories |
Regus has released its annual South African exporter survey, which finds that more South African exporting businesses report growth in revenues or profits than companies focusing on solely domestic trade. Read more >> | Cradlestone Mall was named the winner in the Commercial section of the 9th Saint-Gobain Gypsum International Trophy awards that took place in Berlin on Friday 6 June 2014. The project was one of 87 projects entered into the global awards from 33 countries across the world, part of one of the largest competitions of its kind. Read more >> | Bidvest Steiner has made its first acquisition in 56 years with the merger of Sanicorp into its group operations, acquiring its customer base and its movable and immovable assets. Sanicorp was in need of systems modernisation and access to expertise, products and services. Read more >> |
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| Franny Rabkin Standard Bank has been accused in court papers of recklessly giving loans to companies involved in fraudulent schemes known as "reverse mortgage schemes" in breach of the National Credit Act. Read more >>
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| Nick Hedley The merger of Octodec Investments and Premium Properties is likely to be credit positive thanks to the benefits of scale and diversification, says Eyal Shevel, Head of the Corporate Sector at Global Credit Ratings (GCR). Read more >>
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| South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project. Read more >>
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| Following a poll of over 900 customers, Pick n Pay has pinpointed the 'most wanted' gifts for Dad on Father's Day. Some of the best gifts mentioned included 'a big hug', biltong, aftershave, a cellphone, tickets to a music concert, golf clubs, an iPad and even a brand new car or an heir. Read more >>
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| Zimbabwe Stock Exchange-listed retailer OK Zimbabwe is set to invest $16m in its operations and refurbish several existing stores nationwide due to increased competition. Read more >>
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| Excellerate Property Services has acquired a strategic interest in Enforce Security Services, which is one of the largest privately owned security services companies in South Africa, with a strong national footprint. Read more >>
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| | SINGAPORE: Singapore Telecom, (SingTel) Southeast Asia's biggest telecommunications firm by revenue, said it will buy two mobile advertising companies for a total of $385m to further boost its digital business. Read more >>
| | PARIS, FRANCE: Struggling French telecommunications company Bouygues Telecom said it will cut nearly 20% of its workforce in a move to help it survive in the struggling sector. Read more >>
| | MOSCOW, RUSSIA: Hollywood director Oliver Stone has acquired movie rights to a political thriller penned by US whistle-blower Edward Snowden's Russian lawyer, who said he became fascinated by the fugitive's "moral choice." Read more >>
| | BRUSSELS, BELGIUM: The European Union launched a probe to determine whether the special tax deals offered to Apple and Starbucks by authorities in Ireland, Luxembourg and the Netherlands amount to illegal state aid. Read more >>
| | AMSTERDAM, THE NETHERLANDS: TomTom has launched an open developer portal for TomTom Bridge enabling the easy integration of business applications with its technologies. AppCarousel and Page Up are the first partners to develop solutions. Read more >>
| More International
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| | Gavin Stansfield and Abdul Allie Tax on severance is an important aspect of the law for employers and employees to understand. The Basic Conditions of Employment Act, No. 75 of 1997 (BCEA) provides that an employer who dismisses an employee for 'operational requirements' must pay severance of at least one week's remuneration for every completed year of service. Read more >>
| | The International Labour Organisation (ILO) has adopted a new legally binding Protocol designed to strengthen global efforts to eliminate forced labour. Read more >>
| | Contingency plans are in place for this morning's march to the offices of the South African Civil Aviation Authority (Sacaa), says the authority. Read more >>
| More Government news
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| | Brian Berkman The St James on Venice is a 15-roomed boutique hotel near the Presidential Residence, The Kings House, in Morningside, Durban. Having enjoyed a stay there, I asked Sunet Pringle about the 10 Things She Loves About It. Read more >>
| | Henrie Geyser: motoring editor Temperatures may be plummeting all over the country, but Jaguar F-Type sales are red-hot, having roared and clawed its way to the top of South Africa's prestigious open-top sports car market. Read more >>
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| Source AfricaSource Africa - 18 Jun 2014 to 20 Jun 2014 Cape Town |
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| Robert Hernandez "It's not about having the skill to do something. It's about having the will, desire and commitment to be your best." | More quotes Submit a Quote
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