Global shadow banking grows by $5 trillion

The shadow banking industry grew by $5 trillion (R54 trillion) to about $75 trillion worldwide last year, driven by lenders seeking to skirt regulations and inv... Read Story

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Ellerines’ units are sold off to save some jobs

The sale of some furniture divisions under the troubled Ellerine Holdings was underway, with Dial-a-Bed being the first on the list.

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Ellies ready to restore confidence after two directors commit funds

The financially-strapped manufacturer and distributor of electric products, Ellies Holdings, has received backing from its two directors who personally committe... Read Story

Oil dips in Asian trade

Oil prices fell in Asia on Friday, pressured by a stronger dollar as dealers speculated over whether the Federal Reserve will lift interest ra ...


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