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 | The Print and Digital Media South Africa (PDMSA) would like to remind all journalists, members and non-members of the PDMSA, that the 2014 Standard Bank Sikuvile Journalism Awards entry submission deadline is Friday, 14 February 2014. Late entries will not be considered. Read more >>
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 | Momentum Multiply has launched its 'Multiply Republic of Wellness and Rewards' campaign that aims to encourage its members to lead healthy and financially savvy lives, all the while receiving great rewards and benefits. Read more >>
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 | Sanlam says its diluted headline earnings per share for the year to December are expected to be between 35% and 40% higher than the previous year. Read more >>
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 | 2014 has brought on the re-evaluation of budgets to accommodate obligatory annual increases, hikes in the inflation rate and the hefty 11% annual medical aid increases this year. Sadly, one of the essential expenses in any family household is the lack of adequate medical cover. Read more >>
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 | Nthabiseng Moloi When buying a car and considering the associated monthly costs, one way to reduce these is to choose a vehicle that will attract a lower premium from one's insurance company. Read more >>
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 | Auditor General Kimi Makwetu has conceded in parliament that a large number of senior managers in charge of government finances are not competent enough to occupy their positions. Read more >>
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 | Gillian Jones with Maarten Mittner Unsecured lender African Bank Investments Limited (Abil) is still feeling the effect of bad debt from loans issued before June last year‚ which hit its first-quarter financial performance and will dent profitability in the first half of this year. Read more >>
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 | Linda Ensor The banking industry's plea to be able to apply its own affordability assessments to its customers has fallen on deaf ears‚ as the Department of Trade and Industry says this system has failed to curb reckless lending and mounting over-indebtedness. Read more >>
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 | Issued by PayU PayU, South Africa's online payment solutions provider, doubled its merchant count during 2013. The significant increase is made up of merchants from various industries, with a notable increase in general retail. Read more >>
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 | Adele Shevel Mention the company Cash Converters and the response is usually: "Doesn't it sell second-hand goods and aren't most of the products it sells stolen?" Read more >>
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 | According to the 2013 Old Mutual Retirement Monitor, 85% of respondents felt that not having enough money to retire was their greatest retirement concern, and 39% of senior citizens reckon they will probably have to work after retirement age to be able to save enough. Read more >>
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 | The National Student Financial Aid Scheme (NSFAS) reported to Parliament on Tuesday (4 February) about how students who do not need financial support defraud the scheme, with many signing affidavits to declare that their parents are dead. Read more >>
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 | Samuel Mungadze SA's software market will balloon this year as spending is forecast to increase 10.5% to US$518m (R5.7bn)‚ according to the latest International Data Corporation (IDC) market analysis report. Read more >>
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 | Issued by Mortimer Harvey The new British Airways credit card launched in Johannesburg on Tuesday, 4 February, now offers consumers exceptional benefits with the best Avios earn rate in South Africa. Read more >>
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Sue Blaine South Africa's energy grid has received one of its first injections of wind energy since Umoya Energy's 37-turbine Hopefield wind farm was certified as fully operational 10 days ago‚ the Cape Town-based comapny said on Monday (10 February). Read more >>
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 | Joan Muller The surprise claims that empowerment fund Ascension Properties has signed agreements to sell its management company simultaneously to Rebosis Property Fund and Delta Property Fund‚ without either of the buyers knowing about the other has left property analysts stunned. Read more >>
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Sanlam iTrade, the online trading division of Sanlam Private Investments, has launched a new offering which allows South Africans to trade on all major global markets - including Wall Street, the Nasdaq 100, Australia and Brazil. Read more >>
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 | Clover Industries said that it expects headline earnings per share (HEPS) for the six months ended December to be between 82% and 92% higher than year-earlier period‚ when it reported HEPS of 40.7c. Read more >>
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 | Alistair Anderson This year is set to be the best year for commercial property in first-world economies since the onset of the global financial crisis in 2008, Redefine International's chief executive Mike Watters said. Read more >>
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 | Allan Seccombe The African Development Bank plans to make a large investment in South Africa's automotive sector with the Industrial Development Corporation‚ after a US$200m investment in a manganese project. Read more >>
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 | Gillian Jones Investec shares shot up more than 5% after it said operating profit has grown in the nine months to December and it plans to exit its UK-based mortgage business‚ which it bought just before the sub-prime crisis. Read more >>
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 | Zeenat Moorad Shares in niche logistics group OneLogix jumped as much as 22.8% to an intraday high of R3.50 on Thursday (6 February 2014)‚ after the group reported revenue and operating profit were up more than 33% for the six months to November. Read more >>
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 | Africa's wealth is going south, but not in a bad way. While Europeans are snatching up exquisite South African properties, African buyers are not far behind. Read more >>
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 | Pulp and paper producer Sappi has reported basic earnings per share (EPS) of three US cents for the quarter ended December compared with 2c in the December 2012‚ but a sharp turnaround from the loss of 29c it reported in the September quarter. Read more >>
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 | Attacq‚ previously Atterbury Investment Holdings‚ has raised R512m in a heavily over-subscribed private placement and has closed its bookbuild‚ the company said. Read more >>
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 | Alistair Anderson New Europe Property Investments declared a distribution of 26.79 euro cents per share in 2013‚ an improvement of 15% over 2012's 23.29 euro cents per share. Read more >>
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 | Stagnant economic growth has led to questions being asked about the affordability of labour, according to the Labour Market Report released on Tuesday (4 February). Read more >>
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 | Stuart Murray As only about a month ago, two major banks stated they expected rates to rise only in 2015, the half point increase in the repo rate, announced by the Reserve Bank last week, sent a shock wave through markets. Read more >>
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 | Allan Seccombe Platinum demand could receive a boost from emerging market economies where stricter motor vehicle emission legislation is increasingly being enacted‚ which is good news for producers in SA, said Beresford Clarke from SFA (Oxford). Read more >>
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 | Mark Allix Grindrod‚ a JSE-listed freight and logistics service provider‚ through its wholly owned subsidiary Grindrod Mauritius‚ will work with Zambia's Northwest Rail Company to build‚ operate and maintain a new 590km Cape gauge railway from Chingola in the Zambian copperbelt to the Angolan border. Read more >>
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 | Italtile says its basic earnings per share for the six months to December (EPS) would be between 18% and 20% higher‚ and its headline earnings per share (HEPS) would be between 15% and 17% higher‚ compared with the EPS of 23.9c and the HEPS of 24.0c for last year. Read more >>
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 | Headline earnings per share for Astral Foods over the six months to March will be at least 20% higher when compared with last year‚ the company said on Tuesday (4 February). Read more >>
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 | PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement. Read more >>
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 | Steel manufacturer ArcelorMittal SA reported a loss per share of 75c for the quarter ended December, returning to the red after posting headline earnings per share of 50c in the previous quarter. Read more >>
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 | Vodacom has posted a 12.3% increase in active customers to 56.0m in the December quarter from a year earlier‚ with active data customers growing by 27.9% to 23.7m. Read more >>
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 | Nick Hedley In line with expectations‚ new vehicle sales started the year on a weak note‚ according to the National Association of Automobile Manufacturers of South Africa (Naamsa). Read more >>
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 | Actis, the global emerging market investor, recently announced a 36% equity investment in the AutoXpress group, East Africa's leading tyre wholesaler and retailer. Read more >>
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 | Amanda Visser The reduced tax revenue target of R895bn for the fiscal year ending March will not be achieved given the expected drop in tax revenue‚ commentators say. Read more >>
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 | Ntsakisi Maswanganyi Companies in the shipping industry and port authorities are seeking to resolve the challenges that South Africa's high port tariffs represent and to make it easier to do business in the country‚ says Maersk South Africa's Fred Jacobs. Read more >>
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 | Amanda Visser A competitor in the market for fishing and processing canned fish‚ Saldanha Fisheries‚ is opposing the merger between Oceana and Foodcorp. Read more >>
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Paul Vecchiatto Governments of resource rich countries have to be careful about how they pursue higher taxes and rents on mining companies as they could run the risk of flouting international trade rules‚ the Mining Indaba heard on Tuesday (4 February). Read more >>
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 | NEW YORK, USA: Activist investor Carl Icahn said on Monday, 10 February, he would no longer press Apple to boost its share buyback plan after a proxy advisory firm recommended against his proposal. Read more >>
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 | TOKYO, JAPAN: Japanese car manufacturers Nissan said its nine-month net profit jumped 18.4% as it benefited from a weaker yen and accelerating sales in North America and China. Read more >>
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 | NEW DELHI, INDIA: Tata Motors, India's top vehicle group, on Monday (10 February) reported a tripling of quarterly net profit in a sterling performance by British luxury brand Jaguar Land Rover (JLR), which offset dismal domestic sales. Read more >>
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 | HONG KONG: Google bought a 5.94% stake in Lenovo for US$750m having sold Motorola to the Chinese technology company. Read more >>
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 | CARACAS, VENEZUELA: Toyota is halting production at its only assembly plant in Venezuela because the world's largest car manufacturer lacks the hard currency to import parts due to government controls, a factory official said last week. Read more >>
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 | NEW YORK, USA: Twitter shares took a nosedive last week after the company's first earnings report shook up investors expecting strong growth at the messaging platform. Read more >>
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 | STOCKHOLM, SWEDEN - Swedish truck maker Volvo is cutting 2,400 jobs in addition to 2,000 cuts the group announced in October, in a move aimed at boosting falling profitability. Read more >>
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 | PARIS, FRANCE: Alcatel-Lucent, a leading global supplier of telecommunications equipment for the internet, said it had slashed its net losses by a third last year and would sell its subsidiary Enterprise to a Chinese firm Read more >>
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 | TOKYO, JAPAN: Sony warned it would record a US$1.08bn annual loss and cut 5,000 jobs while exiting the stagnant PC market this year as the once-mighty electronics company struggles to reinvent itself in the digital age. Read more >>
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 | LONDON, UK: The price of coffee rose to the highest levels for months on Tuesday, 4 February 2014, because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter. Read more >>
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 | TOKYO, JAPAN - Japan's Panasonic and Sharp on Tuesday, 4 February, pointed to better times ahead as earnings improved thanks to an overhaul of their businesses and the yen's decline, but the recovery was held back by weak sales of consumer gadgets. Read more >>
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More International
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 | PRETORIA: Efforts by the SA Social Security Agency (SASSA) to clamp down on social grant fraud are yielding positive results, with the agency saving R150m a year. Read more >>
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 | PRETORIA: President Jacob Zuma has ordered the Special Investigative Unit (SIU) to probe alleged irregularities in the affairs of the South African Post Office (SAPO). Read more >>
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More Government news
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- Swish announces appointment of Stephen Grech as CEO - more info
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