R/€ = 13.13
R/$ = 11.56
Au 1262.45 $/oz
Pt 1228.50 $/oz
Jan 26, 2015
Assets under management of exchange traded funds (ETFs) will double to at least $5-trillion by 2020, consultant PwC said on Monday, as investors increase exposure to such products given their lower costs than traditional mutual funds. "Institutional investors are...
Nov 28, 2014
About 6.72% of mineworkers in South Africa have been issued with emolument attachment orders (EAOs), which has resulted in a crisis of indebtedness in the mining sector – a crisis that some believe is one of the major underlying factors of the recent labour unrest...
Nov 07, 2014
Current South African case law indicates that courts will be most inclined to find that an on-demand bond only exists where it is clear – on the basis of interpretation of the documents before the court – that the parties intended for the liability of the grantor to...
Oct 31, 2014
Customer communications company Pitney Bowes South Africa, in partnership with digital signature solutions provider ARX Cosign, launched a personal verification security solution in August to help financial services companies conduct business in a secure manner. “The...
Oct 29, 2014
The long-awaited acquisition by Trans Hex of the Namaqualand diamond mines from De Beers has become effective. The JSE-listed Trans Hex expects to receive cash flows of R653-million over the life of Namaqualand Mines, which have a resource of between 1.6-million...
Oct 17, 2014
Financial services firm Santam’s 2014 interim results, an improvement on those of last year, support Santam’s strategy to improve business in Africa, India and South-East Asia, says Santam head of niche business Karl Bishop.
Oct 14, 2014
Despite not being “overnight-bullish” on the resources market, Bermuda-domiciled Till Capital has started an acquisitions phase driven by its hybrid investment strategy, rooted in the reinsurance business. This nontraditional approach has created a company with...
Oct 10, 2014
Cape Town is on a drive to strengthen its position as a key business capital in Africa. The Mother City is keen to retain its reputation as a leading tourist destination, but wants to be taken more seriously as a destination for local and international investment
Aug 15, 2014
Jul 22, 2014
Property developers Growthpoint Properties and Zenprop Property Holdings are targeting a five-star Green Building Council of South Africa Green Star rating for insurance provider Discovery’s new global head office to be constructed in Sandton, Growthpoint office...
Jul 07, 2014
The establishment of cooperatives prevent social exclusion and directly and indirectly economically empower one-billion people worldwide, Small Business Development Minister Lindiwe Zulu said. The top 300 cooperative enterprises, operating in some of the most...
Jan 20, 2014
While the gap between global infrastructure investment needs and available public sector funds could reach $500-billion a year between now and 2030, institutional investors will likely increase their allocations to assist in filling the margin left by governments and...
Dec 12, 2013
Independent renewable-energy company Mainstream Renewable Power, which is in the process of developing a sizeable South African portfolio, has launched a new capital-raising unit designed to secure competitive financing for wind and solar projects. Known as...
Nov 13, 2013
Independent project developer Scatec Solar formally launched a 75 MW solar farm, which forms part of the South African government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), in the Kalkbult region of the Northern Cape on Tuesday....
Sep 20, 2013
South African road accidents in the construction sector are increasing, according to insurance company Federated Employers Mutual (FEM) MD Thelma Pugh and industry body Master Builders Association North (MBA North) construction health and safety manager Doug Michell....
Sep 06, 2013
Technology can help companies to reduce business process cycle times and increase throughput and profit, as well as reduce risks to insurance companies, retailers and banks, says information technology giant IBM South Africa sales director Hamilton Ratshefola....
Jul 12, 2013
Two years after the promulgation of the Independent Resource Plan (IRP) 2010 by the Department of Energy, South Africa’s bourgeoning renewable-energy sector has attracted sizeable global investments into the country. According to the Financial Times, the South...
Apr 19, 2013
The African Development Bank (AfDB) on Friday launched its Structured Finance – Conditions for infrastructure project bonds in African markets report at the International Monetary Fund–World Bank Spring Meetings in the US. The report explored how structured finance...
Mar 22, 2013
Clean Power Africa to showcase successful renewable energy projects
Feb 13, 2013
Aim-listed Richland Resources on Tuesday said its insurance provider had approved a claim for $1.44-million following the theft of tanzanite stones from its sorting house last year. About 89 066 g of material, worth about $1.46-million, was stolen during a December 2...
Dec 11, 2012
A new survey by the Asset Owners Disclosure Project (AODP) has found that most of the world’s largest investment and pension funds are unprepared for climate change and lack climate risk strategies, but identified South Africa’s Government Employees Pension Fund...
Oct 05, 2012
In South Africa, road accidents claim an estimated 14 000 lives every year, making it one of the highest road-death rates globally.
Sep 04, 2012
Social media and mobility have irrevocably changed the customer service playing field, delivering new modes of communication that consumers now expect across the board – both socially and when interacting with brands
Jul 24, 2012
Toronto-listed Dynasty Metals & Mining on Monday said the gold storage facility, at its Zaruma gold project was fleeced of about 1 300 oz of gold and 4 000 oz of silver during an armed robbery in the early hours of the morning.
May 21, 2012
Deon Scheepers, Head of Sales & Business Development, Interactive Intelligence Africa
May 16, 2012
Vodacom has received the go-ahead to enter the South African insurance market having been recently awarded a long term insurance licence by the Financial Services Board.
Apr 20, 2012
Driver behaviour systems, which measure a host of metrics as a person drives, improve drivers’ behaviour, leading to reduced maintenance costs, fuel use and risk to companies, says fleet management and vehicle tracking company Ctrack strategic projects director Deon...
Apr 19, 2012
Improved communications with members, the building industry, government, as well as the general public, are one of the top priorities in the Gauteng Master Builders Association’s rebranding and repositioning drive.
Oct 14, 2011
Sep 05, 2011
Compliance with data protection legislation has come under the spotlight since the implementation of legislation such as the Consumer Protection Act, the new Companies Act and the looming promulgation of the Protection of Personal Information Bill.
Jun 29, 2011
Attached please find a press release on: Mimecast Unified Email Management (UEM) offering reduces IT spend, increases email continuity, archiving, security and saves time for insurance firm, Denis.
Jun 14, 2011
Banking giant Nedbank’s insurance division, Nedgroup Insurance, has launched a pilot project allowing its home-owner clients to install solar geysers as replacements when existing geysers burst or malfunction. Nedgroup said the project would assist its clients in...
Apr 22, 2011
South Africa experiences a significant number of failing roofs each year, the result of substandard materials being used and shoddy workmanship, the Southern African Institute of Steel Construction (SAISC) reports.
Apr 15, 2011
The refurbishment of old buildings is a significant potential market for the fire containment, prevention and protection industries, says construction industry supply specialist Hilti South Africa fire stop product engineer Sidney Zeeman.
Apr 15, 2011
There is a general trend among building owners, insurance companies and government to work towards ensuring that all private and government buildings comply with fire safety legislation, training institution South African Fire and Medical Academy (Safma) reports.
Apr 15, 2011
Senior management is becoming increasingly responsible for the implementation of fire-prevention and protection measures on company premises.
Mar 23, 2011
Attached please find a press release on: Africa’s leading telecoms provider MTN Group and international insurance group Hollard Insurance have partnered to pilot mi-Life, the world’s first mobile money life insurance service which is initially being made available...
Mar 16, 2011
The United Nations Environmental Programme (Unep) Finance Initiative (FI) began global consultation sessions on its draft Principles for Sustainable Insurance (PSI) in Johannesburg on Wednesday, where after another six workshops would take place in different regions...