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| The Chartered Institute of Management Accountants (CIMA) has announced its Global Business Challenge finalists for the South African national final of this prestige global business competition, which is run in partnership with Barclays. Read more >>
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| PRETORIA: President Jacob Zuma will send three ministers to represent South Africa at the World Economic Forum (WEF) on Africa Summit, the Presidency said on Monday, 5 May 2014. Read more >>
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| South African law firm Webber Wentzel has been selected as a World Economic Forum Global Growth Company for 2014. Read more >>
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| Bluespec Holdings, a service provider of outsourced procurement solutions for South African Insurance Companies is proud to announce the newest member of the group. An entirely new arm of the business called Auction Nation has been developed to offer salvage buyers a welcoming environment that caters for their salvage needs. Read more >>
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| Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it. Read more >>
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| Laurence Hillman In South Africa, it would be normal if you had to work your entire life and still end up in debt - an uncertain future exacerbated by the average debt-to-income ratio of 80% and the fact that three out of four people will cash in their retirement fund when they change jobs, often to pay off previously incurred debt. Read more >>
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| While it is true that those South Africans hoping to buy a home - or are simply investing in residential property - these days tend to have a better understanding of how the banks' loan criteria work when they apply for a bond, they are often surprised by the banks' valuation procedures and the figures they arrive at, says Mike van Alphen, national manager of the Rawson Property Group's bond origination division, Rawson Finance. Read more >>
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| David Furlonger Acquisition-hungry Arrowhead Properties achieved 13.49% distribution growth to 62.58c per combined A and B linked unit in the six months to March‚ its results showed. Read more >>
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| Pulp and fine paper products group Sappi reported a US$32m profit for its second quarter ended March‚ up from just US$2m a year ago Read more >>
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| State logistics group Transnet's master plan for the development of SA's ports includes proposed terminals for cruise liners in Cape Town and Durban, the doubling of exports of motor vehicles from Port Elizabeth, and a berth for oil rigs in Saldanha Bay. Read more >>
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| deVere Investments has appointed Greg Stockton as manager of its Africa operations. Stockton takes over from Craig Featherby who stepped down from the role due to health reasons. Read more >>
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| Allan Seccombe A higher gold price pushed Harmony Gold into positive territory in the March quarter‚ which was marked by a slew of disappointing operational performances from its assets that pushed gold production down by 6%. Read more >>
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| Fifi Peters Another monthly survey has confirmed the deterioration of business conditions in the local manufacturing sector because of a sharp drop in new business. Read more >>
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| Evan Pickworth Nearly 40% of South African business executives believe the future political direction of the country is affecting their business decisions and more than 65% of these executives say they are putting off investment decisions as a result‚ according to Grant Thornton's International Business Report. Read more >>
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| Activity in the manufacturing sector decreased last month owing to strikes and public holidays, a Kagiso purchasing managers' index (PMI) released on Monday (5 May) suggested. Read more >>
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| Sanral warns Gauteng road users: don't be deceived by hoax e-mails and messages, claiming that money can be collected directly from the bank accounts of people using e-toll roads. Read more >>
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| Heinrich Louw Tax clearance certificates play an important role in our economy and are, almost without exception, a requirement when a person submits a tender or bid for doing business with government. Read more >>
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| WASHINGTON, USA: US online retail sales are expected to grow to US$294bn this year, with nearly one-third of the total expenditure coming from mobile devices, according to Forrester Research. Read more >>
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| LONDON, UK: Media mogul Rupert Murdoch launched an ambitious bid to create a pan-European television company to tackle fierce competition, rapid sector consolidation, and aggressive bidding wars for live football rights. Read more >>
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| CARACAS, VENEZUELA: Venezuelans, who enjoy free highways and dirt-cheap petrol, are struggling to buy cars as production falters because of a lack of foreign currency to pay for imported parts. Read more >>
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| PARIS, FRANCE - Alcatel-Lucent, a leading global supplier of telecommunications equipment, says it aims to return to a positive cash flow next year after reporting a lower first quarter loss. Read more >>
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| TOKYO, JAPAN: Sony is to close its e-book Reader Store in Europe and Australia following a similar move in North America as part of a plan for the electronics company to tranform itself. Read more >>
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| FRANKFURT - German top-of-the-range car manufacturer BMW said it got off to a strong start in 2014 with earnings and revenues rising in the first three months. Read more >>
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| FRANKFURT, GERMANY: Adidas, the German maker of sportswear and equipment, says that earnings are down in the first quarter, hit by unfavourable exchange rates and the strong euro. Read more >>
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| SINGAPORE: Singapore's telecommunications regulator has fined Singapore Telecommunications (SingTel) a record Sg$6m (US$4.8m) for nine days of service disruption that followed a fire at one of its facilities last year. Read more >>
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| NEW YORK, USA: Hewlett Packard unveiled an expanded offering of Internet "cloud" services and pledged to invest US$1bn in this technology over the next two years. Read more >>
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| NEW YORK, USA: Yahoo shares tumbled on Wednesday (7 May) amid concerns its stake in Alibaba may be worth less than anticipated following the Chinese online company's stock market offering. Read more >>
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More International
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| The South African Chamber of Commerce and Industry (Sacci) on Monday acknowledged the successful conduct of South Africa's fifth democratic elections, saying it contributes to improved business confidence. Read more >>
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| Linda Ensor A major review of the taxation of alcoholic beverages is being undertaken by the Treasury as a contribution to the government's fight against alcohol abuse and is likely to result in higher taxes and prices. Read more >>
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More Government news
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- Europ Assistance SA's appointments COO - more info
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POPI EventCompli-Serve SA - 24 Jun 2014 to 26 Jun 2014 Cape Town,Durban,Johannesburg |
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