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| The MBD Consumer Financial Vulnerability Index has been released indicating that not only were South African consumers financially more vulnerable in 2013 than in 2012 but they perceived their cash flow situation to be in the worst state since the economic recession in 2009. Read more >>
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| According to a new report released by the Association for Chartered Certified Accountants (ACCA), chief financial officers (CFOs) and the finance organisations they lead, have yet to fully exploit emerging technologies to better support their businesses. Read more >>
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| Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum. Read more >>
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| Momentum Retail is increasing its focus on the emerging middle class‚ with plans to set up a dedicated agency force to service this segment‚ chief executive Mark van der Watt said. Read more >>
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| Max Gebhardt Cas Coovadia‚ the managing director of the Banking Association of South Africa‚ has been appointed the caretaker chief executive of Business Unity South Africa (Busa) while the organisation looks for a new incumbent. Read more >>
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| For the first time, a single industry body will join together relevant stakeholders to serve the interests of retirement fund members and their fiduciary officers. Read more >>
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| Mark Allix Hulamin‚ the aluminium products manufacturer‚ says further cost-cutting and efficiency gains in the year to December will position the group for growth and improved profitability. Read more >>
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| Construction company Wilson Bayly Holmes Ovcon (WBHO) reported a 20.2% decline in diluted headline earnings per share (HEPS) from 729.0c a year ago to 581.5c for the six months to December . Read more >>
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| Nick Hedley PPC's chief executive, Ketso Gordhan says the group is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018. Read more >>
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| Hotels‚ gaming and resorts group Sun International has reported a 20% decline in diluted headline earnings per share (HEPS) to 325c for the six months ended December. Last years its HEPS was 408c. Read more >>
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| Homecoming Revolution's London Expo will take place place from 15-16 March 2014 and will feature a variety of exhibitors, guest speakers, workshops and case studies aiming to encourage Africans to return home. Read more >>
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| Gillian Jones Financial services group Discovery Holdings' strong growth in earnings is a result of its Vitality model‚ says chief executive Adrian Gore. Read more >>
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| Liquor group Distell has reported a 21% rise in diluted headline earnings per share from 415.8c a year ago to 503.0c for the six months to December . Read more >>
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| Zeenat Moorad The extent of JD Group's financial woes was revealed last week when SA's biggest listed furniture retailer reported a loss for the first six months of the year. Read more >>
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| Specialist shopping centre real estate investment trust (Reit) Hyprop Investments reported a distribution of 231c a unit, up by 9.5% increase for the six months to December. Read more >>
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| Linda Ensor Struggling South African Airways (SAA) will report a smaller loss in the year to end-March despite the ravaging effects of the weaker rand on fuel costs‚ the state-owned airline's chief executive‚ Monwabisi Kalawe‚ said on Wednesday (19 February). Read more >>
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| The fourth quarter PPS Graduate Professionals Confidence Index (PCI) - which tracks the confidence levels of nearly 4,000 of South Africa's graduate professionals - showed that 85% of respondents believe the rand is going to weaken further during the course of 2014. Read more >>
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| RCL Foods (RCL)‚ formerly known as Rainbow Chicken‚ on Wednesday (19 February) reported a sharp drop in its interim diluted headline earnings per share from 17,3c to just 4.7c. Read more >>
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| David Furlonger Mercedes-Benz SA (MBSA) overcame a crippling industry strike and general market slowdown in new vehicle sales to post a 28.7% revenue increase last year. Read more >>
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| Aveng said on Tuesday (18 February) that for the six months to December‚ it anticipates earnings per share (EPS) and headline earnings per share (HEPS) to be down by between 20% and 25% compared with the previous year's earnings. Read more >>
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| Zeenat Moorad Truworths will report its half-year financial results on Thursday (20 February), and is likely to highlight the deteriorating credit environment, owing to rising levels of consumer indebtedness. Read more >>
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| Zeenat Moorad Edcon will start retrench staff at its core Edgars chain in May‚ in a bid to reduce operating costs. Read more >>
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| Working South Africans could be in for some nasty surprises when Finance Minister Pravin Gordhan delivers his Budget speech. Read more >>
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| Leon Louw South African Airways (SAA) has a new plan. No, not that plan, not last year's plan, or the preceding plan, or the succession of failed plans since the airline industry was nationalised in 1934, but a new one. There is nothing new in the plan, but it is a new plan. It is, as before, a special kind of plan, not for what will happen, but for what will not happen. Read more >>
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| A Department of Trade and Industry audit of arms deal offsets has found the number of jobs created as a result of the multi-billion rand deal could not be verified despite promises that many thousands would arise, adding credence to longstanding scepticism over offsets. Read more >>
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| Linda Ensor Parliament's trade and industry portfolio committee has requested permission from the National Assembly to introduce changes to the National Credit Amendment Bill that were not in the original bill tabled by the Department of Trade and Industry. Read more >>
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| South Africa will for the next five years enter a new "radical phase" where policies will have to focus more on economic transformation to address poverty, unemployment and inequality, claims President Jacob Zuma. Read more >>
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| The adoption of the Special Economic Zones (SEZ) Bill 2013 will be a significant milestone for the National Development Plan (NDP) and will support broader-based industrial growth says Trade and Industry Minister, Rob Davies. Read more >>
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| Graeme Palmer As governments around the world come under pressure to collect tax to meet their growing needs and budget deficits there has been an increase in cross-border co-operation between tax authorities. Read more >>
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| SAN FRANCISCO, USA: WhatsApp was launched five years ago as a shot at doing to text messaging what Skype had done to telephone calls. Read more >>
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| SAN FRANCISCO, USA: Facebook is betting US$19bn on smartphone messaging service WhatsApp, having agreed to buy the firm in an eye-popping cash-and-stock deal. Read more >>
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| PSA Peugeot Citroen agreed to a capital tie-up with China's Dongfeng and the French state on Tuesday (18 February), a source said, ending the reign of one of France's oldest industrial dynasties. Read more >>
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| NEW YORK, USA: Soft-drink manufacturer Coca-Cola reported a dip in fourth-quarter profits after lower-than-expected sales while its outlook for the rest of this year has disappointed analysts. Read more >>
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| MADRID, SPAIN: Fanatical players forking out money to get ahead in games such as Candy Crush Saga or Angry Birds are driving explosive growth in the multi-billion dollar mobile gaming business. Read more >>
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More International
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| The Pan South African Language Board owes South African Revenue Service, (SARS) R3.3m, mainly in PAYE tax deducted from employees. It also owes its suppliers more than R13m. Read more >>
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| The Gauteng MEC for Infrastructure Development, Qedani Mahlangu, says there is a need to develop policies that address issues of energy security, social equity and environmental sustainability. Read more >>
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| Statistics South Africa (Stats SA) says the importance of collecting accurate data cannot be overstated, as it remains a vital pillar in Africa's development. Read more >>
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More Government news
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- Prosperian Capital teams up with marcusbrewster - more info
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