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South Africa - Top News

  • November 16
  • Argus South Africa: State to Combine Brown's Charges

    Fraud accused Arthur Brown has withdrawn his Cape High Court bid to have the prosecution against him permanently stayed and has agreed to pay costs.

  • The Herald Zimbabwe: Book Probes Creation of Poverty in SA [book review]

    The Making of Poverty in South Africa

  • Nation South Africa: Kimani to Lead Charge in South Africa

    Seven countries, including Kenya, have so far confirmed participation in the Central Gauteng's International Teams Championship in South Africa, according to information obtained from the Central Gauteng Golf Union's website.

  • Business Day South Africa: Telkom Fears Dive of 140 Percent in Earnings

    TELKOM , Africa's largest fixed- line phone company, on Friday said it expected its headline earnings per share for the six months to September to fall as much as 140%.

  • Business Day South Africa: Rupert Steps Into CEO Seat Again

    IT IS only six years since Johann Rupert last became CEO of Richemont. He did it again on Friday, when the luxury goods company announced that the 59-year-old executive chairman was stepping into the role. He will do so from April , replacing incumbent Norbert Platt, who has developed diabetes.

  • Business Day South Africa: Sycom Raises Distributions As Portfolios Perform

    LISTED property unit trust Sycom Property Fund on Friday posted a 9,2% increase in distributions for the six months ended September, buoyed by "good" performances from both the retail and office portfolio.

  • Business Day South Africa: Phaswana Prepares to Tackle New Challenges At Standard

    FRED Phaswana pledged to spend the next six months "coming to grips with the issues" at Standard Bank after his appointment as its next chairman was announced on Friday.

  • Business Day South Africa: Eastplats Results Still Positive

    CANADIAN platinum producer Eastern Platinum (Eastplats) recorded a net profit in the quarter ended September, the third successive quarter this year that the company has been in the black.

  • Business Day South Africa: Richemont Set to Ride Through Recession

    THE world's biggest jewellery manufacturer Financière Richemont on Friday said it remained cautious about the sustainability of the improving economic outlook as last month's sales decreased 10% across all regions.

  • Business Day South Africa: Call to Report All Suspicious Cash Movements

    SA's regulators must do more to force individuals and financial institutions to report suspicious transactions, including pyramid schemes, to the financial intelligence unit, says a forensic expert.

  • Business Day South Africa: Strong Rand is Slowing Climb Out of Recession [column]

    FIGURES for September manufacturing and mining production - up 2,6% and 1,8% - show we're emerging from the recession, but SA is taking a lot longer to do so than its trading partners in Asia and Europe.

  • Business Day South Africa: Cellular Market Saturated - MTN

    THE market for cellphone users had reached saturation point in SA, an MTN official said last week, in the first public admission that the years of endless growth are over.

  • Business Day South Africa: Fairvest Eyes Acquisitions

    PROPERTY company Fairvest aims to create a property portfolio of "significant critical mass" through acquisition of quality, high-yielding properties as part of its short-term investment strategy.

  • Business Day South Africa: ANC Has to Change As Realities Close in Fast [column]

    OBSERVERS of the post-Polokwane African National Congress (ANC) sometimes claim it is steering the country into uncharted waters. Investors and diplomats are keeping a wary eye on the internal politics of the liberation movement, nervously looking out for shifts to left or right or the erosion of the doctrine of nonracialism.

  • Business Day South Africa: Did COPE Connection Halt Macozoma's March? [column]

    FRIDAY's naming of the chairman-elect of Standard Bank , the largest bank in Africa, is interesting, not so much because of the person who will take over from Derek Cooper next year but because of the man who, given his history with the bank, won't be stepping up to the chair.

  • Business Day South Africa: Retailers Argue Apples And Pears

    PROFIT margins are squeezed and inflation is down, limiting the ability to profit from trading stock, while industry sales are hardly growing. Despite this, the recession seems to have been a good one for food retailers, with nearly all claiming increased market share.

  • Business Day South Africa: Round Pegs in Square Holes [column]

    IF YOU were Bobby Godsell, would you go back? Public Enterprises Minister Barbara Hogan told 702: "We would like to see normality brought back to Eskom, and if that means bringing Bobby Godsell back, we would like to see that." She said she would be talking to Godsell at the weekend, but it appears he was out of the country.

  • Business Day South Africa: The Thick End of the Wedge [column]

    I SEE that President Jacob Zuma has had to remind the ANC's partners who is boss! Good. Well I thought "good" until I read on. City Press said he had told an ANC national executive committee meeting the weekend before last that -- and here was the letdown -- "Cabinet ministers serve the ruling party only". Of course, in context that is a stand of sorts. It is aimed at Cosatu and Communist Party ...

  • Business Day South Africa: 'Shocking' Anthem Contributed to Bok Defeat, Says Botha

    LEGENDARY Springbok flyhalf Naas Botha yesterday urged the government to get involved in the "national anthem disaster" during Friday's Test against France in Toulouse, saying someone had to be taken to task for the shambles.

  • Business Day South Africa: Raubenheimer Pays for Leicester Game

    GRIQUAS flank Davon Raubenheimer has paid for his disappointing performance against Leicester by being demoted to the bench for tomorrow's clash against Saracens in London during the Springbok year- end tour, writes Zeena Isaacs.

  • Business Day South Africa: HRC Considers When to File in Equality Court

    THE Human Rights Commission (HRC) is likely to decide this week when to file an Equality Court application that could compel the four former University of the Free State (UFS) students involved in a racist incident last year to pay damages to their victims, HRC spokesman Vincent Moaga said on Friday.

  • Business Day South Africa: Fresh Bid Today to End Pharmacy Row

    The pharmacy industry has rejected the government's latest proposals for dispensing fees, saying officials have ignored input from the sector and floated a system that will put many of its members out of business.

  • Business Day South Africa: DA Accuses Zuma And Mpshe of Trying to Frustrate Court Bid

    THE Democratic Alliance (DA) last week accused President Jacob Zuma and acting prosecutions head Mokotedi Mpshe of trying to block a court application to set aside Mpshe's decision to drop corruption charges against Zuma in April.

  • Business Day South Africa: SANDF Not the First Choice of Military-Minded Youngsters

    CRAIG* would rather have joined the British army, but is still happy with having served his two-year contract in the South African National Defence Force (SANDF).

  • Business Day South Africa: Drawing Clear Lines in the Sand

    PRESIDENT Jacob Zuma has managed to hold the political centre over the past three days as leaders of the alliance led by the African National Congress (ANC) gathered behind closed doors in an attempt to develop consensus on how best to deliver on education, jobs, health, rural development and the fight against crime.

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