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Porsche buys Kyalami for R205m

Porsche SA has bought the Kyalami race track for R205m in an auction at Summer Place in Johannesburg - the highest price paid for a property in liquidation in South Africa.

25 Jul 2014 08:36

Bus contract halted after company liquidated

The Nelson Mandela Bay Municipality has been thrown a lifeline and could soon be out of a controversial multimillion-rand bus technology contract with Lumen Technologies, after the Cape Town-based company was liquidated.

25 Jul 2014 07:59

'Ocean economy' can create 800,000 jobs

South Africa's ocean economy - which includes fishing and ship repairs and services - has the potential to create between 800,000 and one million direct jobs through Operation Phakisa Communication Minister Faith Muthambi

By More Matshediso 25 Jul 2014 06:14

Zuma responds to debate on Presidency's budget

President Jacob Zuma said the gains that await developing countries through the BRICS New Development Bank will far outweigh the cost of establishing the bank.

25 Jul 2014 06:59

Cabinet welcomes BRICS Development Bank

PRETORIA: Cabinet has welcomed the agreement to launch the New Development Bank (NDB) at the recent sixth BRICS Summit in Brazil.

25 Jul 2014 07:54

Fifty most valuable South African brands led by MTN

Brand Finance has released the 2014 annual report on South Africa's 50 most valuable brands, with MTN leading the way...

24 Jul 2014 07:24

Discovery builds most expensive offices in SA

Medical aid group Discovery's new office, next to Sandton City, is being built at an estimated development cost of R2.6bn, which is believed to set a new record for office developments in SA.

By Alistair Anderson 24 Jul 2014 11:53

Free app for private equity in Africa

Phatisa, an African private equity fund manager, has launched a free app for use by professionals in African private equity...

24 Jul 2014 09:29

Ellies earnings drop as demand weakens

Headline earnings at the electronic products manufacturer, Ellies were down by 68.3%, to 23.46c per share.

24 Jul 2014 12:16

Cyber-attacks caused e-toll billing problems claims Peters

Transport Minister Dipuo Peters has accused "some media houses" and other unknown people of conducting deliberate cyber-attacks on the website of the South African National Roads Agency Limited (Sanral) which is responsible for the hugely unpopular electronic tolls in Gauteng.

By Linda Ensor 24 Jul 2014 09:50

Vodafone gets downgraded by Moody's

Moody's Investors Service has downgraded Vodafone‚ the owner of SA-listed Vodacom‚ from A3 to Baa1.

By Evan Pickworth 24 Jul 2014 09:28

SA train deal doubles Alstom's order book

The order book of French transport and power firm Alstom doubled in its first quarter ended June compared with the same three months last year - thanks largely to its sizeable passenger rail contract in SA.

By Nick Hedley 24 Jul 2014 11:31

SABMiller first quarter total beverage volumes up 3%

Global breweries company SABMiller (SAB) said its total beverage volumes grew by 3% in the first quarter‚ mainly due to strong demand from its African and European operations.

By Fifi Peters 24 Jul 2014 12:09

AFED now includes economic data of African Central Bank

Exchange Data International (EDI) has announced that its online African Financial and Economic Data service (AFED) now includes African Central Bank economic data reported directly from source.

24 Jul 2014 06:42

Mobile technology expansion needed

About 40% of companies are investing in mobile technologies across their business and consider mobility as a key part of their business strategy, according to Accenture Mobility Report 2014.

23 Jul 2014 11:59

Clover-Bowler deal 'makes sense' say analysts

A takeover of Bowler Metcalf's beverages business by Clover Industries would make strategic sense for the companies, analysts say.

By Nick Hedley 23 Jul 2014 11:26

Automotive and textile sectors to get more support

The Department of Trade and Industry (DTI) is set to increase support for the automotive and clothing sectors, says Minister Rob Davies.

23 Jul 2014 10:30

Probe into Citrus Black Spot by government

The Department of Agriculture, Forestry and Fisheries has launched an investigation to determine the causes of Citrus Black Spot (CBS) discovered in a consignment of exported lemons to the European Union (EU).

23 Jul 2014 11:00

How to manage your student loan

President Barack Obama only finished paying off his student loan eight years ago. This demonstrates the massive commitment that comes with going into debt to pay for your studies.

22 Jul 2014 12:10

Solving the maths problem - a brain development approach

Much has been said about the state of mathematics in South Africa's schools after being placed last out of 148 countries for the quality of its mathematics and science education.

22 Jul 2014 14:35

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