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 | Financial services group Liberty Holdings grew its black economic empowerment (BEE) normalised headline earnings per share (HEPS) by 10% to 664.7c for the six months to June. read more>> |
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 | As the market for insurance grew and price and cost pressures rose, insurers and intermediaries could no longer afford the luxury of so much face time with clients, which resulted in a need for critical risk-related insight. read more>> |
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 | René Otto, CEO of MiWay, was recently awarded the 2014 COVER Excellence Award in the category Lifetime Contribution to the Short-term Insurance Industry. read more>> |
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 | Issued by KPMG South Africa The short-term insurance industry in South Africa has performed at significantly lower levels compared to last year. This is according to the 17th annual KPMG Insurance Survey... read more>> |
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 | Nosihle Shelembe The Executive Mayor of Johannesburg, Parks Tau, says a year-long investigation into corruption and fraud at the City of Johannesburg has resulted in 22 arrests although more may follow. read more>> |
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 | Issued by Milpark Education A range of qualifications from NQF level 5 through to NQF level 8 provides options for school-leavers as well as those already employed at different levels in the sector... read more>> |
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 | Linda Ensor Transnet has secured a R6bn funding guarantee from US export credit agency US-Exim for the funding of the diesel locomotives the company is buying from General Electric (GE). read more>> |
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 | David Furlonger Strong seasonal buying by car-rental companies helped minimise the drop in new-car sales in July. read more>> |
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 | Issued by Yellowwood Future Architects As Africa continues to grow at a staggering rate, one industry that is about to be massively disrupted is financial services, says Paul Drawbridge, Yellowwood's business lead in Nairobi... read more>> |
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 | Issued by KPMG South Africa Our country has experienced great changes since 1994. South Africa's social welfare system is one of the largest in the developing world, and has helped narrow the gap of income inequality... read more>> |
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 | The South African SA National Roads Agency Limited (Sanral) has confirmed that it has completed the conceptual designs for the multi-billion-rand expansion of the R72 coastal road between East London and Port Elizabeth. read more>> |
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 | Redefine's R1bn super-regional Matlosana Mall in Klerksdorp will open its doors in October and is expected to serve as a development catalyst for the surrounding area. read more>> |
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 | Ntsakisi Maswanganyi Manufacturing production rebounded unexpectedly in June, though economists warn that weak demand, high administered costs, disruptions from strikes and electricity-supply shortages will keep output growth and job creation modest. read more>> |
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 | Linda Ensor Transnet is looking for R100bn from the private sector for investment in freight infrastructure over the next seven years‚ Transnet Freight Rail's Chief Executive Siyabonga Gama said at a media function. read more>> |
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 | Interim results released by PSG-controlled private education venture Curro Holdings went some way to restoring the market's faith in its high growth proposition. read more>> |
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 | Thabiso Mochiko Telkom's Chief Executive Sipho Maseko has told investors that the company's objectives are to lower the cost of human capital, improve financial performance and bring leadership closer to customers. read more>> |
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 | General Electric (GE) says it will invest $2bn in facility development‚ skills training and sustainability initiatives across Africa by 2018. read more>> |
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 | NEW YORK, USA: General Motors (GM) has recalled another 300,000 vehicles, most of them to address ignition problems, taking to over 29m the number of GM cars recalled this year. read more>> |
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 | Standard Bank and General Electric on Tuesday, 5 August, reaffirmed their commitment to Africa at a power financing roundtable held in Washington DC. read more>> |
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 | WELLINGTON, NEW ZEALAND - New Zealand's largest telecommunications carrier, Telecom Corp., has changed its name to Spark, saying the re-branding will better reflect its expanding activities in the digital age. read more>> |
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 | MANILA, PHILLIPINES: Philippine Long Distance Telephone Co. (PLDT), the country's leading telecommunications provider, said it was buying a 10% stake in German Internet developer Rocket Internet for €333m read more>> |
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 | SHANGHAI, CHINA: China stepped up pressure on foreign car manufacturers in the world's biggest car market, pledging to punish German luxury brand Audi and Chrysler of the United States for what it alleged was "monopoly behaviour". read more>> |
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 | SEOUL, SOUTH KOREA: Arch-rivals Samsung and Apple have decided to drop a series of bitter patent disputes pending in multiple courts outside the United States, the South Korean electronics company says. read more>> |
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 | MILAN, ITALY: Telecom Italia reported a first-half net profit of €543m but said a weak domestic market was offsetting positive results from its Brazilian business. read more>> |
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 | PARIS, FRANCE: Spanish group Telefonica has offered Vivendi €6.7bn to buy its Brazilian telecommunications subsidiary GVT. read more>> |
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| More International |
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 | Gauteng Premier David Makhura has appealed to residents of Reiger Park to help transform their townships into economic hubs that create jobs. read more>> |
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 | Labour Minister Mildred Oliphant says South Africa needs to find a solution for the failing labour bargaining structure. read more>> |
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 | Minister in the Presidency for Planning, Monitoring and Evaluation, Jeff Radebe, has released government's framework for implementing the National Development Plan (NDP) over the next five years. read more>> |
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 | Ntsakisi Maswanganyi Government can pump billions of rand into local industries through incentives but these will be ineffective if they happen in an environment of excessive administered costs, strikes and high wage demands, local producers warn. read more>> |
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 | Blacked-out documents relating to Sanral's tolling plans for the N1 and N2 highways in the Western Cape - that have kept secret for years - were released on Tuesday (5 August) by the Cape Town High Court read more>> |
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 | Western Cape Premier Helen Zille says the opening of a solar panel manufacturing plant in Cape Town is good for job creation and has the potential to create a number of secondary industries. read more>> |
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| More Government news |
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Key insights on growing your brand to the Bottom of the Pyramid. Read more >> |
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