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Oct 31, 2014
   
Updated 2 hours 4 minutes ago One tiny Australian wasp is killing another tiny Australian wasp in South Africa’s commercial forests – and it is a good thing. Leptocybe invasa, the bad guy in this story, was first spotted in Eucalyptus trees outside its native Australia in 2000, in Israel, says...
 
Oct 31, 2014
Updated 2 hours 5 minutes ago Following four months of improvements, the South African Chamber of Commerce and Industry’s (Sacci’s) Copper Theft Barometer increased to R13-milllion in September, up from R12-million the month before. This was the fourth monthly increase in the “relatively...
Oct 31, 2014
Johannesburg mayor Parks Tau
Updated 40 minutes ago Cities in South Africa were designed to exclude and segregate, posing a challenge to town planning and bringing citizens closer to urban amenities, Johannesburg mayor Parks Tau said on Friday. "We've had to deal with this reality over the past 20 years," Tau said in...
Oct 31, 2014
Article contains comments
Updated 4 hours ago Over the past 20 years, there has been persistent concern about deindustrialisation in South Africa, as well as locally produced manufactured products having been increasingly displaced by imports. The very future of manufacturing has been called into question,...
Oct 31, 2014
Updated 1 hour 12 minutes ago Countries across Asia are quietly reaching deals to import liquefied natural gas (LNG) from Mozambique, which could transform its economy and give it a front-row seat in tapping rising global gas demand. The unannounced agreements, five in total, show how war-scarred...
Oct 30, 2014
South African Nuclear Energy Corporation (Necsa) group corporate services executive Ambassador Xolisa Mabhongo stressed on Thursday that South Africa currently had only one Integrated Resource Plan (IRP) for electricity, the IRP 2010, and that the IRP Update...
Oct 30, 2014
Statistics South Africa (Stats SA) would, in future, focus more strongly on the trends of long-term unemployment in its quarterly labour force surveys (QLFSs), statistician-general Pali Lehohla said on Thursday. Releasing the QLFS for the three months ended September...
Oct 30, 2014
Outgoing Reserve Bank Governor Gill Marcus
South Africa's central bank defended its inflation targeting policy on Thursday, saying it had helped reduce price pressures and contributed to more favourable economic growth. Governor Gill Marcus, whose five year term in office will end on Nov. 8, told a conference...
Oct 30, 2014
Johannesburg CBD
JSE-listed Octodec’s absorption of Premium Properties provided the scale for the enlarged company to embark on bigger, higher-yielding property developments, attract better financing options and continue its ambitions of revitalising properties within Gauteng’s...
 
Oct 30, 2014
Sasol announced on Thursday that its broad-based black economic empowerment (BBBEE) transaction, Sasol Inzalo, has been partially refinanced, making a significant contribution to reducing its financing costs. The refinancing would see shareholders of Sasol Inzalo...
Oct 30, 2014
Plans to increase gross domestic expenditure on research and development (GERD) to 1.5% of gross domestic product by 2019 are yet to be formally adopted, despite the target being incorporated in the draft strategic plan of the Department of Science and Technology...
Oct 30, 2014
Article contains comments
Small Business Deputy Minister Elizabeth Thabethe
South Africans needed to become more entrepreneurial and create their own jobs, instead of expecting government to create jobs or rely on private-sector employment. “We need to become masters of our own destinies,” Small Business Development Deputy Minister Elizabeth...
Oct 31, 2014
Updated 4 hours ago The International Monetary Fund foresees large financing needs next year in the three West African countries hardest hit by the outbreak of the deadly Ebola virus. "The outlook for the Ebola-hit countries has worsened, with large financing needs likely for 2015," IMF...
Oct 30, 2014
International packaging and paper group Mondi has attracted a long-term credit-rating upgrade from Moody’s Investors Service. In a statement to shareholders on Thursday, the dual-listed group announced the credit rating hike from Baa3 to Baa2.
Oct 30, 2014
Oct 30, 2014
Sephaku Holdings, which is in the process of finalising its interim results for the six months ended September 30, expects to swing to a basic loss a share of between 1.9c and 2c for the half-year, from basic earnings a share of 3.32c in the first half of the prior...
Oct 30, 2014
Mossel Bay harbour
The National Ports Authority (NPA) has taken steps to ensure the Ebola virus disease does not enter South Africa through one of its main harbours, Public Enterprises Minister Lynne Brown revealed on Thursday. "As of September 23, all vessels [from certain countries]...
 
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