| |
|
 | EMRC's annual finance meeting, the Africa Finance & Investment Forum (AFIF), will for the first time be joined by the Brazilian Development Bank (BNDES) as an official partner, providing the pan-African forum a Latin perspective. Read more >>
|
 | The Monetary Policy Committee of the Reserve Bank announced on Thursday, 27 March, that the repo rate will remain unchanged at 5.5% - a decision that came on the back of the Rand's improved performance and a marginally improved inflation outlook and is good news, for the moment. Read more >>
|
|
 | Evan Pickworth In a move that could turn the brain drain into a brain gain, the South African Institute of Chartered Accountants' (Saica) Thuthuka development model is set to be exported to other African countries and developing nations, after receiving the backing of the over-arching global accounting body and the World Bank. Read more >>
|
|
 | Phakamisa Ndzamela Ubank has been building up depth in its executive management with Reserve Bank deputy registrar of banks Madoda Petros joining the firm as its chief risk officer. Read more >>
|
|
 | The Investment Corporation of Dubai (ICD) has bought "significant" equity interest in Kerzner International Holdings‚ the international developer and operator of luxury hotels and resorts‚ from the Kerzner family and other institutional investors. Read more >>
|
 | Hotel group Tsogo Sun Holdings says it will acquire an increased stake in Cullinan while Cullinan will buy various hotel assets from the Liberty Group and Southern Sun. Read more >>
|
 | The Tshwane municipality is going ahead with plans to build a government boulevard in Pretoria. Read more >>
|
 | Sikonathi Mantshantsha Jonathan Louw became the most high-profile casualty of the year-long battle that resulted in the Bidvest Group holding the single largest shareholding in drug maker Adcock Ingram. Louw quite as chief executive on Tuesday (2 April). Read more >>
|
 | Nick Hedley South African Breweries (SAB) has slightly lowered its expectations for margin growth in the face of a subdued economy‚ political uncertainty ahead of this year's elections‚ pressure on consumers and the weak rand. Read more >>
|
 | Mark Allix ALTX-listed Alert Steel's share price fell 22% after its results for the six months to the end of December last year were released and showed that the headline loss had widened by 14.7% to R31.8m. Read more >>
|
 | Alistair Anderson Arrowhead Properties announced it had made a firm offer to buy the units of property company Vividend Income Fund which it did not own. Read more >>
|
 | Sanlam's sub-Saharan Africa Real Estate Fund, which is listed on the Stock Exchange of Mauritius, has announced a strong set of financial results for 2013, outperforming the fund's long-term total return targets. Read more >>
|
 | Investec Property Fund announces the conclusion of two major office portfolio acquisitions, namely the Nicol Main and the RPP portfolios announced late last year. Read more >>
|
 | Kathy East That time of the year again - 28 February was the closing of the annual tax season for the period 1 March 2013 to 28 February 2014. Read more >>
|
 | New vehicle sales in South Africa dropped by 0.2% to 55‚363 units in March compared with the same period a year earlier. Read more >>
|
|
 | PRETORIA: Taxpayers' legitimate complaints, which are unable to be resolved through the South African Revenue Service (SARS) internal mechanisms, will now be reviewed and addressed by the newly launched South African Tax Ombud's Office. Read more >>
|
 | The South African Revenue Service (SARS) has said it will look into President Jacob Zuma's tax affairs following renovations to his Nkandla homestead. Read more >>
|
 | Amanda Visser Almost 80% of South African business leaders who participated in the latest International Business Report survey conducted by Grant Thornton saw South Africa's tax system as one that encourages tax compliance. Read more >>
|
 | Mark Allix Industry body the Manufacturing Circle says Transnet's port terminals tariff increase of 9.25% across the board is "an unwelcome development for manufacturers"‚ as the sector depends on imports and exports for its competitiveness and to grow volumes. Read more >>
|
 | Amanda Visser The South African Revenue Service (SARS) collected R889.7bn in taxes for the 2013/14 tax year‚ which is R700m more than the revised estimate announced in the February budget. Read more >>
|
 | Finance Minister Pravin Gordhan says tax revenue remains "buoyant" despite a global economic turmoil that has tested South Africa's finances. Read more >>
|
 | With most companies growing in complexity every year, critical internal policies, processes and reporting requirements need to be put into place as potential pitfalls or discrepancies can quickly magnify into major problems. This is according to Tertia Barrett, head of sales and marketing at CQS Technologies Holdings South Africa. Read more >>
|
 | Cable thieves have darkened Gauteng's R20bn freeway network as streetlights along the route have ceased to function. Read more >>
|
 | Razina Munshi The Ports Regulator of SA has again threatened to claw back funds from Transnet National Ports Authority (TNPA) in future port tariff decisions if the utility fails to spend its capital expenditure budget and plug its high vacancy rate. Read more >>
|
|
 | GENEVA, SWITZERLAND: Switzerland's Holcim confirmed that it is in merger talks with its French rival Lafarge in a deal that would create the world's largest cement company. Read more >>
|
 | PARIS, FRANCE: French telecommunications group Bouygues stepped up its bid to buy mobile phone operator SFR from Vivendi, launching a new phase in a huge fight over positions in France. Read more >>
|
 | NEW YORK, USA: The microblogging service Weibo - often described as China's version of Twitter - will raise at least US$340m in its US stock offering according to figures released over the weekend. Read more >>
|
 | WASHINGTON, USA: Conceding company officials knew of their cars' potentially deadly ignition switches for years, GM chief Mary Barra apologised on Tuesday (2 April) and said the car manufacturer had a "civic responsibility" to make things right. Read more >>
|
 | WASHINGTON, USA: US manufacturing activity gained pace in March helped by a pickup in new orders and a rebound in production, the Institute for Supply Management said. Read more >>
|
More International
|
|
Oxford University Press, seeks a talented individual to fill this permanent post as a hub controller in its African regional division, based in the Cape Town area. Read more >>Oxford University Press, seeks a talented individual for appointment as a compliance manager in its finance department, based in the Cape Town area. Read more >>
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 | Print any item in this newsletter. |
 | Email any item in this newsletter. |
 | Comment on any item in this newsletter. |
|
