Global SMS traffic to reach 8.7 trillion in 2015

LONDON, UK: According to the latest forecasts from Informa Telecoms & Media, SMS will remain a significant source of revenues and traffic for mobile operators on a global basis until at least 2015. The company reckons SMS traffic growth will be driven by enterprise, emerging markets and social networks. 27 Jan 2011 08:28

UK: No change in consumer confidence

LONDON, UK: The GfK NOP Consumer Confidence Index stayed the same in December, at -21, with some losses and some gains 5 Jan 2011 10:24

UK commercial property market recovery presents investment opportunities

The continued recovery of the UK commercial property market, coupled with the strengthening of the rand relative to pounds sterling, has presented South African investors with a unique opportunity to invest in the UK while capitalising on the recovery cycle. 3 Dec 2010 07:46

PwC reports FY2010 global revenues of US$26.6 billion

LONDON, UK: PwC reported aggregate gross revenues of US$26.6 billion (about R186.2 billion) for its worldwide network of member firms for the fiscal year ended 30 June 2010, showing a slight increase in revenues at constant exchange rates. 26 Nov 2010 06:00

Nampak plan to box clever pays off

Nampak announced that for the year ended 30 September 2010, its operating profit increased by 126% following good turnarounds in the paper businesses in South Africa and Europe and the sale or closure of a number of loss-making businesses. 24 Nov 2010 09:51

International banks eye former soviet countries

MOSCOW, RUSSIA: International banks can cash in on the increasing number of rich individuals in former soviet countries if they take the time to understand local characteristics, finds Datamonitor. 15 Nov 2010 10:44

UK consumers - leading the way at saving money on insurance

LONDON, UK: Under pressure UK consumers are the savviest in the world when it comes to getting a good deal on their insurance cover and the least likely to blindly renew year after year, finds Datamonitor. 9 Nov 2010 08:04

Law firms in fee fall

LONDON, UK: Law firms see fall in fee income across the board but mid-tier come under most pressure, PwC survey shows. 8 Nov 2010 07:42

New green African financing projects

Following a successful second round of fundraising for Africa's green economy, held 4 November 2010, the African Carbon Asset Development Facility (ACAD) announced seven green financing projects. It convened the African Bankers' Carbon Finance and Investment Forum in association with the UNEP Finance Initiative (UNEP FI) and the Development Bank of Southern Africa (DBSA). 5 Nov 2010 09:35

UK consumers seek financial advice online in September 2010

LONDON, UK: comScore, Inc, a leader in measuring the digital world, today released a ranking of top Financial Information/Advice Sites in the UK based on September 2010 data from its comScore Media Metrix service. Nearly 10 million internet users turned to the web for financial advice, spending an average of 15 minutes on sites in the category during the month. 3 Nov 2010 12:29

VAT change eliminates carousel fraud threat from carbon markets

Carousel fraud, estimated to have cost the EU €5bn in lost tax revenues, will be eliminated from UK trading after changes to VAT regulations came into force this week. 3 Nov 2010 11:06

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index. 27 Oct 2010 06:22

Germans expect economic high

NUREMBERG, GERMANY: Economic expectations improve again in October from what was already a very good level. On the other hand, income expectations and propensity to buy did not quite confirm the positive figures from the previous month and posted declines. Overall, consumer sentiment was stable in October. After 4.9 points for October, the overall indicator also forecasts a figure of 4.9 points in November. These are the results of the current GfK Consumer Climate Survey for October 2010. 26 Oct 2010 10:17