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 | Research undertaken by Standard Bank has indicated that KwaZulu-Natal will continue to make a contribution of 15.7% to the national GDP until 2017 - making the province the second largest contributor to the South African economy. Read more >>
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 | PRETORIA: Cabinet has welcomed the agreement to launch the New Development Bank (NDB) at the recent sixth BRICS Summit in Brazil. Read more >>
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 | The risk appetite of lenders and the track record of borrowers and sponsors must be taken into account when entering into cross-border deal structuring in Africa. Read more >>
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 | Evan Pickworth Moody's Investors Service has downgraded Vodafone‚ the owner of SA-listed Vodacom‚ from A3 to Baa1. Read more >>
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 | MasterCard and Guaranty Trust Bank Gambia (GTBank Gambia) has announced a collaboration that will broaden the acceptance of MasterCard payment cards in The Gambia. Read more >>
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 | Brand Finance has released the 2014 annual report on South Africa's 50 most valuable brands, with MTN leading the way... Read more >>
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Gaongalelwe Moatshe |
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 | South African short-term insurer, Mutual & Federal, has been awarded a AAA (ZAF) rating for insurer financial strength by Fitch, the international rating agency. Read more >>
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 | Sulaiman Philip Goods are made in the world. Your smartphone contains rare earth minerals mined across Africa. Different components are manufactured across the globe and, in the case of your iPhone, assembled at a factory in China before being shipped to the US. Read more >>
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 | Actis has sold a 9% stake, in an oversubscribed offer through the Johannesburg Stock Exchange (JSE), representing a large part of its 13% total stake in Alexander Forbes Group Holdings Ltd. Read more >>
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 | Restaurant group Spur Corporation increased total restaurant sales by 13.5% to R5.5bn in the year to end June‚ the group said in a sales update on Monday. Read more >>
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 | Aluminium manufacturer Hulamin has delivered a 42% increase in normalised earnings to R130m in the six months to June‚ boosted by the weaker rand. Read more >>
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 | Samuel Mungadze Vodacom (VOD)‚ South Africa's largest mobile operator by subscriber numbers‚ on reported fast growth outside of its domestic market‚ offsetting stagnating growth at home in the June quarter. Read more >>
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 | Jaltech Financial Consultants has played an instrumental role whereby Montigny Investments Limited closed the R1bn purchase of Sappi Limited's Usutu Forest Products Company Limited in Swaziland. Read more >>
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 | Porsche SA has bought the Kyalami race track for R205m in an auction at Summer Place in Johannesburg - the highest price paid for a property in liquidation in South Africa. Read more >>
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 | Headline earnings at the electronic products manufacturer, Ellies were down by 68.3%, to 23.46c per share. Read more >>
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 | Fifi Peters Global breweries company SABMiller (SAB) said its total beverage volumes grew by 3% in the first quarter‚ mainly due to strong demand from its African and European operations. Read more >>
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 | Alistair Anderson Medical aid group Discovery's new office, next to Sandton City, is being built at an estimated development cost of R2.6bn, which is believed to set a new record for office developments in SA. Read more >>
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 | Nick Hedley The order book of French transport and power firm Alstom doubled in its first quarter ended June compared with the same three months last year - thanks largely to its sizeable passenger rail contract in SA. Read more >>
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 | Exchange Data International (EDI) has announced that its online African Financial and Economic Data service (AFED) now includes African Central Bank economic data reported directly from source. Read more >>
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 | About 40% of companies are investing in mobile technologies across their business and consider mobility as a key part of their business strategy, according to Accenture Mobility Report 2014. Read more >>
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 | Nick Hedley A takeover of Bowler Metcalf's beverages business by Clover Industries would make strategic sense for the companies, analysts say. Read more >>
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 | WASHINGTON, USA: The United States has failed to sufficiently adapt to new cyber-security threats, exposing itself to potential terror strikes as devastating as September 11, authors of the report on the 2001 attacks have warned. Read more >>
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 | Phatisa, an African private equity fund manager, has launched a free app for use by professionals in African private equity... Read more >>
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 | Alistair Anderson Investec Australia Property Fund (IAPF), a JSE-listed rand hedge announced that it had bought a large office development in Brisbane for A$65.5m (R652m). Read more >>
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 | Justine Krige The purpose of this article is to discuss aspects of the relationship between the provisions of the Companies Act, No 71 of 2008 and the Income Tax Act, No 58 of 1962 (ITA) in relation to statutory mergers. Read more >>
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 | Linda Ensor Transport Minister Dipuo Peters has accused "some media houses" and other unknown people of conducting deliberate cyber-attacks on the website of the South African National Roads Agency Limited (Sanral) which is responsible for the hugely unpopular electronic tolls in Gauteng. Read more >>
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 | Desiree Goodwin, Issued by Meredith Harington The 2014 tax season is now in full swing. Here are the ways in which you can complete your return and some areas to be careful of... Read more >>
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 | WASHINGTON, USA:Online real estate website Zillow announced it is buying rival Trulia in a $3.5bn stock deal that merges the two main firms in the sector. Read more >>
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 | BRUSSELS, BELGIUM: The European Commission has cleared Apple's $3bn purchase of US headphone manufacturer and music streaming business Beats despite Bose lodging court papers claiming patent infringements. Read more >>
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 | PARIS, FRANCE: Finnish telecommunications equipment company Nokia jumped back into profit in the second quarter boosted by restructuring after it lost its leading position in handsets and sold its phone division to Microsoft. Read more >>
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 | SEOUL, SOUTH KOREA: LG Electronics posted a 165% rise in second-quarter net profit compared with a year ago, as strong TV and mobile phone sales boosted the turnaround to the company. Read more >>
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 | PARIS, FRANCE: French-Italian microchip manufacturer STMicroelectronics reported a switch into profit in its second quarter, but its outlook disappointed investors as the company's shares fell. Read more >>
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 | TOKYO, JAPAN: Bitcoin investors voiced their anger after the first creditors' meeting for failed Tokyo trading exchange MtGox, whose spectacular collapse hammered the digital currency's reputation and left a trail of unanswered questions. Read more >>
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 | NEW YORK, USA: Microsoft said its profits took a hit from its newly acquired Nokia phone division but that revenues got a strong lift from cloud services. Read more >>
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 | SAN FRANCISCO, USA: - Apple reported that its quarterly profit climbed with strong iPhone demand, but a decline in its iPad tablet sales put a damper on its results. Read more >>
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More International
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 | National government has restored the powers of the Limpopo provincial government following a successful intervention to get that province back to good financial standing. Read more >>
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 | The Nelson Mandela Bay Municipality has been thrown a lifeline and could soon be out of a controversial multimillion-rand bus technology contract with Lumen Technologies, after the Cape Town-based company was liquidated. Read more >>
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 | President Jacob Zuma said the gains that await developing countries through the BRICS New Development Bank will far outweigh the cost of establishing the bank. Read more >>
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 | More Matshediso South Africa's ocean economy - which includes fishing and ship repairs and services - has the potential to create between 800,000 and one million direct jobs through Operation Phakisa Communication Minister Faith Muthambi Read more >>
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 | The Department of Agriculture, Forestry and Fisheries has launched an investigation to determine the causes of Citrus Black Spot (CBS) discovered in a consignment of exported lemons to the European Union (EU). Read more >>
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 | The Department of Trade and Industry (DTI) is set to increase support for the automotive and clothing sectors, says Minister Rob Davies. Read more >>
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 | Controversial AbaThembu King Buyelekhaya Dalindyebo has lodged a claim for the land on which Mthatha is built despite it already being the subject of a claim by the Zimbane Development Trust. Read more >>
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More Government news
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Stellenbosch University currently seeks to appoint a suitably qualified and experienced senior accountant(Ref. FIN/260/714). Applications close: 5 August 2014 Read more >>Stellenbosch University currently seeks to appoint a suitably qualified and experienced administrative officer (Ref. FIN/261/714). Applications close: 4 August 2014 Read more >>
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