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 | CAPE TOWN: Finance Minister Nhlanhla Nene says he is confident that despite a turbulent economic climate, government will over the next three years reduce its budget deficit. Read more >>
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 | PRETORIA: South Africa stands to benefit from the Economic Partnership Agreement (EPA) that the Southern African Development Community (SADC) countries have negotiated with the European Union (EU), says Trade and Industry Minister Dr Rob Davies. Read more >>
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 | PRETORIA: The Reserve Bank has decided to raise the repo rate by 25 basis points, taking it to 5.75%, Governor Gill Marcus said on Thursday, 17 July. Read more >>
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 | Desere Orrill Mobile money has fast-tracked socio-economic development in emerging markets and, promoted freedom of choice and enterprise development, but how long before regulations throttle financial inclusion? Read more >>
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 | FORTALEZA: The emerging market bloc of BRICS on Tuesday, 15 July, announced plans that will see the envisaged Development Bank being based in Shanghai, China. Plans are also in progress for a Contingent Reserve Arrangement (CRA). Read more >>
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 | Fortinet, the high-performance network security company, has issued a warning to taxpayers to be aware of the increase in cyber-fraud during the tax filing season. Read more >>
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 | FORTALEZA: Russian President Vladimir Putin and South African President Jacob Zuma have held talks on broader bilateral cooperation that could be given a new impulse after the South African elections. Read more >>
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 | According to a survey conducted by Kaspersky Lab together with B2B International in 2014, 52% of financial companies reimburse customer losses caused by internet fraud without actually investigating the circumstances Read more >>
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 | Forecasts indicate that the Islamic finance sector will need approximately 50,000 Islamic finance professionals worldwide within the next five to seven years. Read more >>
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 | Nick Hedley The listed construction and engineering firm Aveng placed R2bn in convertible bonds‚ maturing in 2019‚ with institutional investors at a coupon rate of 7.25%. Read more >>
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 | The Port Elizabeth High Court agreed yesterday to hear a case on Tuesday that will be the first step in a massive class action on behalf of consumers left out of pocket by the alleged R699 car scam. Read more >>
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 | Issued by AAT - Always Active Technologies Customers using online banking often complain that they are not receiving their One Time Passwords (OTPs) timeously, or feel frustrated when authentication systems fail to speedily deliver the required interaction... Read more >>
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 | John Kerby As South Africans become more accustomed to transacting online, coupled with an increase in brand awareness by direct insurers across multiple digital channels, we are noting a marked increase in SME owners purchasing business insurance online. Read more >>
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 | Kenya is hosting an international conference this week, focusing on digital financial services for agriculture, organisers said yesterday. Read more >>
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 | Applications for the Allan Gray Orbis Foundation Scholarship are now open. Read more >>
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 | Nick Hedley Electronics company Samsung has agreed to establish its first African manufacturing facility at KwaZulu-Natal's Dube Tradeport‚ after Dube's special economic zone (SEZ) status was approved by the Cabinet two weeks ago. Read more >>
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 | Total income for South Africa's tourist accommodation industry rose by 7.6% year-on-year (y/y) in nominal terms (current prices) in May‚ Statistics SA's tourist accommodation survey showed. Read more >>
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 | David Furlonger Are foreign automotive investors on the point of losing patience with strike-prone SA? Or will militant trade unionists be proved right in their gamble that multinational motor companies are too deeply embedded in SA to walk away? Read more >>
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 | James Gilfillan Vietnam offers a compelling investment opportunity for the next decade. Home to 92 million people, the Vietnam population boasts a 97% literacy rate. Read more >>
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 | Phakamisa Ndzamela Sasfin Private Equity plans to invest in small- and medium-sized enterprises, to the tune of R50m a year on businesses with an enterprise value of between R50m and R350m. Read more >>
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 | Nick Hedley Sugar producer Tongaat Hulett says despite the unprotected strike at its Clairwood refinery, the company plans to crush all available cane this season thanks to its spare milling capacity. Read more >>
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 | Alistair Anderson The JSE's listed property sector has not managed to maintain its run of the past few years of beating the broader all share index, but it has managed to stage a strong rebound from a disastrous start in January to give investors a small return for the year-to-date. Read more >>
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 | Myles Wakefield There is a valuable, but not easy, lesson property investors must learn about their asset... Read more >>
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 | The Steel and Engineering Industries Federation of South Africa (Seifsa) said it has failed to reach a deal to end a crippling strike, after a union rejected its final wage offer over the weekend. Read more >>
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 | Charlotte Mathews The slow pace with which renewable energy projects have been rolled out across Africa may prove to be an advantage in a few years. Read more >>
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 | The National Association of Pharmaceutical Manufacturers (NAPM) has proposed a zero Value Added Tax (VAT) rating on medicines in its submission to the Davis Tax Committee. Read more >>
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 | Thabiso Mochiko Despite new technologies enabling electronic storage of information, 90% of local businesses are still storing documents in paper format, according to a study released by JSE-listed storage management company Metrofile. Read more >>
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 | The Minister of Agriculture, Forestry and Fisheries, Senzeni Zokwana delivered his first budget speech for 2014/2015 on Wednesday. Read more >>
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 | Nozipho Bhengu In the interest of ensuring that the integrity of board decisions are not compromised by directors' personal financial interests, section 75 of the Companies Act 71 of 2008, has introduced some significant changes to the provisions of its predecessor, the Companies Act 61 of 1973 (the old Companies Act). Read more >>
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 | TAIPEI, TAIWAN: Taiwan's export orders in June rose 10.6% year-on-year to a 17-month high, largely boosted by continuing strong demand for electronic products, government statistics showed. Read more >>
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 | SAN FRANCISCO, USA: Microsoft, caught-up in a battle to restructure its business, has confirmed that its studio devoted to original television programs for Xbox consoles will be closed. Read more >>
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 | SAN FRANCISCO, USA: Google reported its quarterly profit rose to $3.42bn and revenue climbed to $16bn for the year, an increase of 22%. Read more >>
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 | NEW YORK CITY, US: 2014 Midas Awards: Interview with Alisun Armstrong, Executive Director, Midas Awards World's Best Advertising. Read more >>
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 | MADRID, SPAIN: Spanish telecommunications company Telefonica says it has completed the sale of its Irish subsidiary to Hong Kong's Hutchison Whampoa for €850. Read more >>
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 | LISBON, PORTUGAL: A key shareholder in stricken Portuguese bank Banco Espirito Santo (BES) has failed to repay a huge debt, putting the banking group at risk of legal action, the unpaid creditor Portugal Telecom )PT) claims. Read more >>
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 | TOKYO, JAPAN: A smartphone messaging app set up in the aftermath of Japan's 2011 quake-tsunami disaster has applied to list on the Tokyo stock exchange, in an offering that could be worth more than $9.8bn. Read more >>
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 | NEW YORK, USA: Microsoft is expected to overtake Yahoo this year in digital advertising revenues, a research firm, eMarketer says, adding that this is a setback for Yahoo's efforts to transform itself. Read more >>
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More International
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 | South African President Jacob Zuma promised to help ramp up investment in the country's maritime industries as part of an ambitious plan to boost economic growth and cut unemployment. Read more >>
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 | Amanda Visser Proposals by the Treasury to scrap the value added tax (VAT) concession of a zero rating on goods and services bought by farmers for production purposes will raise input costs 14%. Read more >>
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 | The provincial Education Department says it needs R137-million to fill 502 teacher vacancies for subjects such as maths, accounting, agriculture and physical science for for schools where Afrikaans is still the medium of instruction. Read more >>
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 | The government has been spending R60m a year on 108 vacant buildings and R12m on 12 buildings occupied by non-government tenants. Read more >>
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 | Linda Ensor Transport Minister Dipuo Peters announced a further extension of the e-toll payment period for Gauteng motorists. Read more >>
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 | Evan Pickworth Most companies are in the dark on how to amend payrolls to accommodate the retirement fund and tax reforms coming in March next year‚ according to experts at a "Do or Die" pensions conference. Read more >>
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 | Ntsakisi Maswanganyi The government should look at scrapping some of the tax incentives for small businesses in favour of rebates rewarding businesses that are more tax-compliant. Read more >>
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More Government news
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- SkX announces new director in forensic audit - more info
- New appointments announced at BDO South Africa - more info
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