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August 29, 2015 | Last Updated 9:56 PM
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South32 expects to cut costs by further US$350 mln a year
24/8/2015 8:19
South32 expects to cut costs by further US$350 mln a yearSouth32, the BHP Billiton spin-off that made its JSE debut earlier this year, on Monday reported pro forma financial results to reflect its stand-alone status and said it planned to reduce costs by US$350 million a year by 2018.
R250mln fund to boost ladies who launch
20/8/2015 11:13
R250mln fund to boost ladies who launchBusiness/Partners Limited on Wednesday announced the launch of a R250 million Women in Business Fund at its annual women’s month seminar.
Truckers strike looms
27/8/2015 23:07
Truck drivers are threatening to bring the South African economy to a halt.
Other SA Business News
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South Africans reminded to use power wiselySouth Africans reminded to use power wisely
28/8/2015 15:26
Cabinet has urged South Africans to use power sparingly despite Unit 6 of the Medupi Power Station being in full operation in Lephalale in Limpopo.
 
Huge petrol price expected despite rand spoilerHuge petrol price expected despite rand spoiler
28/8/2015 14:08
The petrol price could by between 71 and 77 cents a litre next week, but the decrease could have been an additional 25c/litre had the rand remained stable, the Automobile Association (AA) said on Friday.
 
Truckers strike loomsTruckers strike looms
27/8/2015 23:07
Truck drivers are threatening to bring the South African economy to a halt.
 
High-income shoppers boost South Africa retailer Woolworths' profitHigh-income shoppers boost South Africa retailer Woolworths' profit
27/8/2015 14:29
Woolworths, South Africa's largest retailer by market capitalisation, reported a 20.5 percent rise in full-year profit, boosted by sales at the Australian department store chain it bought last year and defying a tepid economy at home.
 
Lonmin sees full-year cash costs below guidanceLonmin sees full-year cash costs below guidance
27/8/2015 12:07
South Africa-focused platinum producer Lonmin Plc said on Thursday it expected full-year underlying cash costs to stay below its guidance.
 
Load shedding hits home on SA economyLoad shedding hits home on SA economy
26/8/2015 17:06
The shock of Eskom's load shedding has finally hit home, even as the China and terms-of-trade shocks are only starting to build, said Nomura analyst and emerging markets economist Peter Attard Montalto.
 
Rand plunge creates inflation fear factor for SarbRand plunge creates inflation fear factor for Sarb
24/8/2015 16:20
The SA Reserve Bank (Sarb) will be keeping a careful eye on the rand on Monday, while analysts speculate of a further interest rate hike in November following the drastic plunge in the rand.
 
SA's state giants hobble economySA's state giants hobble economy
24/8/2015 13:00
The state-run corporations that have shaped South Africa's economy and been part of its every day life for nearly a century are mostly in a state of collapse.
 
South32 expects to cut costs by further US$350 mln a yearSouth32 expects to cut costs by further US$350 mln a year
24/8/2015 8:19
South32, the BHP Billiton spin-off that made its JSE debut earlier this year, on Monday reported pro forma financial results to reflect its stand-alone status and said it planned to reduce costs by US$350 million a year by 2018.
 
R250mln fund to boost ladies who launchR250mln fund to boost ladies who launch
20/8/2015 11:13
Business/Partners Limited on Wednesday announced the launch of a R250 million Women in Business Fund at its annual women’s month seminar.
 
Northam Platinum revenues up 13 pct after surviving tough yearNortham Platinum revenues up 13 pct after surviving tough year
20/8/2015 9:22
South Africa’s Northam Platinum said on Thursday that group full-year revenue rose 13 percent from to around R6 billion but added that the outlook for platinum group metals remained subdued.
 
SA’s OneLogix ups earnings 78 pct, boosted by Postnet saleSA’s OneLogix ups earnings 78 pct, boosted by Postnet sale
20/8/2015 8:53
South African niche logistics group OneLogix said on Thursday that full-year earnings per share surged 78 percent to 62.4 cents, boosted the once-off after-tax cash profit of R144 million on the disposal of PostNet Holdings.
 
Gold Fields returns to profit in Q2, maintains output targetGold Fields returns to profit in Q2, maintains output target
20/8/2015 7:37
SSouth Africa’s Gold Fields Ltd said on Thursday net earnings attributable to shareholders improved considerably in the second quarter of 2015 to US$12 million compared with a net loss of US$14 million in the first quarter after it sold seven percent more gold, despite this being at a lower price.
 
CPI edges to 5% in July as tariff increases kick inCPI edges to 5% in July as tariff increases kick in
19/8/2015 15:28
South Africa’s Consumer Price Index (CPI), which measures inflation in urban areas, rose to 5 percent in July as water and electricity tariff increases kicked in, revealed figures from Statistics South Africa (StatsSA) which were released on Wednesday.
 
Africa’s growing population presents a problem and potentialAfrica’s growing population presents a problem and potential
19/8/2015 15:11
Africa’s rapidly increasing, young population was both reason for concern and hope, said Vasu Gounden, founder of the African Centre for the Constructive Resolution of Disputes (ACCORD) on Wednesday.
 


 

 


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