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| Gillian Jones London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth. Read more >>
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| South Africa has come second after Mauritius on the African Transformation Index released on Monday (3 March 2014)‚ indicating its economic transformation is better than most other African countries. Read more >>
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| As the demand from sub-Saharan African countries for online training steadily grows, the number of online courses is said to have increased by 390% over the past five years. Read more >>
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| Reuters has reported that household debt grew at its fastest pace since early 2008 in the fourth quarter of 2012, a possible sign that the painful process of paring back borrowing in the aftermath of the financial crisis may have run its course. Read more >>
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| Patrick Barker In most countries, the concept of retirement is relatively recent, having been introduced during the late 19th and early 20th centuries. Until then, short life expectancy and the lack of financial provisions (pensions) meant that most workers continued to work until death. Germany was the first country to introduce an old-age social insurance program, in 1889, and thus the notion of retirement. Read more >>
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| Mark Allix Mondi reported a record financial performance in the year to December‚ with underlying operating profit rising 22% and underlying earnings rising by 37% in the period. Read more >>
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| South African vehicle sales declined 3.1% to 51‚814 units in February from the similar period a year earlier‚ according to the latest figures from the National Automobile Association of SA (Naamsa)‚ which warned of tough times for the domestic market this year. Read more >>
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| Nick Hedley Astral Foods said on Monday (3 March) it expects a 215% jump in earnings for its six months ending March‚ though the poultry producer stressed that this comes off a low base. Read more >>
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| Activity in the manufacturing sector picked up in February‚ according to the latest Kagiso purchasing managers index (PMI). Activity was boosted mainly by an improvement in the new sales orders index. Read more >>
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| Mark Allix Construction‚ mining and engineering group Basil Read says it has secured two projects together worth more than R400m. Read more >>
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| Marc Hasenfuss Cigarette brands conglomerate British American Tobacco (BAT) showed its pricing power prowess‚ managing a 4% hike in revenue to £15.3bn (around R273bn) in the year to end December despite a decline in volumes. Read more >>
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| Ntsakisi Maswanganyi Economic growth expanded more than expected in the fourth quarter of last year supported by a resumption in manufacturing sector activity following strikes in the third quarter. Moderate growth in all other sectors except electricity‚ gas and water contributed to the rise. Read more >>
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| David Furlonger The South African motor industry's vision of building 1.2m vehicles a year by 2020 is almost certainly unachievable‚ Rick Hanna‚ the head of global consultancy PwC's automotive division‚ said. Read more >>
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| Thabiso Mochiko Vodacom is taking industry regulator the Independent Communications Authority of South Africa (Icasa) to court in a bid to stop it from implementing new mobile termination rates. Read more >>
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| Analysts want more clarity from Naspers on the reasons for the departure of CEO Koos Bekker on April 1 amid rumours the company is set to be restructured. Read more >>
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| Peter Meredith, Issued by Meredith Harington While well ahead of Africa, and placed competitively worldwide, most South African entrepreneurs would consider they pay too much tax. Read more >>
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| CHICAGO, USA: Brutal winter weather chilled US car sales in February, with General Motors and Ford reporting losses even as rival Chrysler extended a winning streak. Read more >>
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| HONG KONG: A shop selling the virtual Bitcoin currency opened in Hong Kong amid fresh concerns grew in Asia over the currency's viability and security. Read more >>
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| TOKYO, JAPAN: Japanese authorities were on Wednesday, 26 February, probing the troubled MtGox bitcoin exchange after claims of a multi-million dollar theft from its digital vaults, as US prosecutors reportedly served a subpoena on the company. Read more >>
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| BARCELONA, SPAIN: Once the mobile world's pioneers, Nokia, Motorola and BlackBerry are now the industry's sorry laggards, searching for lost glory. Read more >>
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| Einat Mazafi There comes a point when many of those who love to travel - especially those who travel frequently to the same beloved spot - begin to daydream about carving out a little piece of paradise for their very own. Read more >>
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| TOKYO, JAPAN: The website of Tokyo-based bitcoin exchange MtGox went down amid reports of a theft worth hundreds of millions of dollars of the virtual currency. The reports have dealt a blow to the currency's credibility. Read more >>
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More International
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| Amanda Visser Credit providers will from June this year have to change risk models as the credit amnesty by government will mean that credit histories have been wiped out, say lawyers. Read more >>
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| Government needs to review its policies and legislation on Information Communications Technology (ICT) to ensure that all South Africans have universal affordability and access to communications services. Read more >>
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| Prega Govender Blade Nzimande and Cyril Ramaphosa are going head to head on university fees. Read more >>
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| With South Africa celebrating 20 years of freedom this year, more has to be done to ensure the entry of black people into big business, says President Jacob Zuma. Read more >>
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| The Solomon Mahlangu Scholarship Fund (SMSF) with initial capital of R10m will be launched on 14 March, says President Jacob Zuma. Read more >>
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| Government is working towards cutting more red tape to allow small and established businesses to increase their competitiveness and to promote local and foreign investment. Read more >>
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| Despite the sluggish local economic growth brought about by the 2008 global recession, Finance Minister Pravin Gordhan has not gone back on his 2013 growth projections. Read more >>
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| Finance Minister Pravin Gordhan has announced a large expenditure plan that will be anchored around the National Development Plan (NDP). Read more >>
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| Plans to use private and public sector funds to create black industrialists gained momentum with the launch last week of an initiative to support small enterprises in the manufacturing sector. Read more >>
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More Government news
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Oxford University Press, an equal opportunity employer, seeks a talented individual for appointment as a compliance and internal audit manager, based in the Cape Town area. Read more >>The Graduate School of Business (Bellville Park Campus) of Stellenbosch University invites applications for the position of associate professor/senior lecturer: development finance. Read more >>
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