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Cell C postpones euro bond pay back

Cell C, the third-biggest cellular operator in South Africa, plans to postpone the repayment of e160 million (R2 billion) of debt for three years to invest in i... Read Story

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Energy: Eskom unlikely to avoid rate cut

Granting South Africa’s state-owned power firm higher tariffs this week probably would not stave off a rating downgrade to junk unless the government also... Read Story

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Independent Newspapers

Lonmin cuts capex and sales guidance

Lonmin slashed its capital expenditure by half and revised its sales guidance downwards following the five-month strike in the platinum belt, which had so far c... Read Story

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Items 51 - 60 of 140

BASF: Oil, gas drives profits
July 24 2014 at 14:19

BASF, the world's biggest chemicals maker, said that profits rose in the second quarter, driven by its oil and gas business.

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UASA accepts metal employers' wage deal
July 24 2014 at 14:51

South Africa's UASA union said it had accepted a wage increase offer of between 7 and 10 percent.

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Numsa wary of wage offer amendment
July 24 2014 at 14:51

Trade union Numsa has expressed fears that an amendment by employers to the new wage offer will result in retrenchments.

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Ramaphosa hints at labour reforms
July 24 2014 at 12:07

Adjust labour laws so union members have to vote before striking, Deputy President Cyril Ramaphosa says.

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Kyalami race track sold to Porsche SA
July 24 2014 at 14:21

Petrol heads can breathe a sigh of relief with news that Kyalami's been sold to Porsche.

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Zimplats: Mines safe after collapse
July 24 2014 at 13:01

Zimplats is confident that its mines are safe as it examines the cause of a collapsed shaft at one of its operations in Zimbabwe.

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Unilever sales hit by emerging markets
July 24 2014 at 11:44

Unilever missed second-quarter sales estimates, citing a slowdown in emerging markets and continuing malaise in developed markets.

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Standard Chartered stands by boss
July 24 2014 at 12:20

Standard Chartered bank stood behind its top management after a report pointed to a possible boardroom shake-up at the bank which is focused on emerging markets.

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Africa, Europe boost SABMiller’s sales
July 24 2014 at 11:24

SABMiller reported first-quarter revenue growth that beat estimates as it sold more expensive beer in Africa and Europe.

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African Bank has means to repay bond
July 24 2014 at 11:08

African Bank Investments said it will repay investors when a 150 million-rand bond matures tomorrow.

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Items 51 - 60 of 140

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