Nhanhla_Nene
Independent Newspapers

Nene faces hard budget choices

South African Finance Minister Nhlanhla Nene may use his first mid-term budget to announce asset sales.

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Nhanhla_Nene
Independent Newspapers

DA: SA economy stuck

South Africa's economy is stuck in low gear and teetering on the brink of very serious trouble, the DA said.

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ATMs
Reuters file

Public warned about bank scams

Bank customers should be aware of bank-related scams to avoid falling victim to them, the SA Banking Risk Information Centre (Sabric) said.

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Browse Business Report

Items 1 - 10 of 361

Wall Street gains on Apple
October 21 2014 at 16:55

US stocks rose, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments rallied after their results.

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China food scandal hurts McDonald's profits
October 21 2014 at 16:52

McDonald's reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States.

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Coca-Cola among biggest US movers
October 21 2014 at 14:52

Coca-Cola and Chipotle Mexican Grill were among the most active names of Tuesday's premarket session, with both stocks falling on heavy volume.

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Indian cracker industry fears China
October 21 2014 at 14:59

Workers in India's lucrative firecracker industry say illegal Chinese imports are flooding the market and threatening their jobs.

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Zulu: We stand by state on e-tolls
October 21 2014 at 15:12

The small business development department stood by the national government's position on e-tolls, while the e-toll advisory panel continued its work, Minister Lindiwe Zulu said.

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HSBC: EU bonus cap 'retrograde' step
October 21 2014 at 15:27

European rules to cap bankers' bonuses at twice fixed pay are “a retrograde step” that could add to difficulty in recruiting staff to the industry, the head of Europe's biggest bank HSBC said.

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Lufthansa pilots threaten more strikes
October 21 2014 at 15:32

Lufthansa pilots threatened to call further strikes this week after the latest stoppage in a dispute over retirement benefits grounded two-thirds of its flights.

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Spain's credit card scandal sparks backlash
October 21 2014 at 15:40

“That kind of thing would have been unthinkable even five years ago.”

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PetroSA posts a R1.7bn loss
October 21 2014 at 15:52

PetroSA, South Africa’s national oil company, reported a full-year loss following a one-time charge taken for higher project costs and feedstock delays.

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Nene faces hard budget choices
October 21 2014 at 16:07

South African Finance Minister Nhlanhla Nene may use his first mid-term budget to announce asset sales.

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Items 1 - 10 of 361