IOL pic budget 2015 bulb electricity power crisis eskom
SXC.HU

Zimbabwe needs $5bn for power plants

Zimbabwe plans to build new power stations to generate 3 500 megawatts at a cost of $5 billion.

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IOL pic apr14 american express AMEX-RESULTS-_0413_11
REUTERS

AmEx revenue misses estimates

American Express reported first-quarter revenue that missed analysts’ estimates as the dollar strengthened.

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IOL pic mar11 citibank atm sign
REUTERS

Citi posts highest quarterly profit in years

Citigroup’s efforts to streamline its business may be starting to pay off.

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Browse International

Items 91 - 100 of 125

New global winners, losers as dollar rises
April 14 2015 at 05:04

The rising US dollar is redistributing growth throughout the global economy.

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Indian rate cut likely as retail inflation slows
April 14 2015 at 05:03

India’s retail inflation unexpectedly slowed despite crop damage from unseasonal rains, boosting the possibility that central bank governor Raghuram Rajan would cut rates outside the review cycle for a third time thi... Read Story
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Ghana: Eurobond issue on the cards
April 14 2015 at 05:02

Ghana would aim to issue a Eurobond of as much as $1 billion (R12bn) by the end of June, bringing forward the timing of the issuance which had been scheduled for the second half of the year, the head of the parliamentary f... Read Story
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Billionaires look at cheap cargo trips to Earth’s orbit
April 14 2015 at 05:01

As Elon Musk dreams of missions to Mars, fellow billionaires Paul Allen and Richard Branson focus on breakthrough spaceflight closer to home: cheap cargo trips to Earth orbit.

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Zambia: State in deal to benefit nation
April 14 2015 at 05:00

Zambia would sell its 30 percent stake this year in the local unit of Germany’s Linde, the biggest gases supplier in southern Africa, with the stock priced at a “deep discount” to benefit citizens, the go... Read Story
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China’s influence on bank a concern
April 14 2015 at 04:59

China could have outsized influence over a new Beijing-backed international development bank under a proposed shareholding structure likely to be discussed at a meeting of member countries in Washington this week, sources ... Read Story
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Barclays sees M&A active in Middle East and Africa
April 14 2015 at 04:58

Barclays sees local firms and sovereign wealth funds driving Middle East deals after advising on about $15 billion (R180bn) of equity and mergers and acquisition (M&A) transactions in the first quarter.

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Shock contraction in China’s export sales rings alarm bells
April 14 2015 at 04:57

China’s export sales contracted 15 percent in March, a shock outcome that deepens concern about sputtering Chinese economic growth.

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No bonus for Zim civil servants
April 14 2015 at 04:54

Zimbabwe yesterday said it had scrapped payment of bonuses to civil servants.

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Cellphones consign whistling at work to the dustbin
April 14 2015 at 04:48

Constant use of cellphones and the decline of working class jobs are contributing to the erosion of the age-old whistle, according to new research.

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Items 91 - 100 of 125