South Africa’s inflation rate fell to 5.3 percent in November, giving the central bank room to keep borrowing costs unchanged.
South Africa is targeting 3,725 megawatts by 2016 from the 120 billion-rand program to increase renewables.
Absa is trying to win back market share by stepping up lending in the face of slowing growth in South Africa.
Browse Business Report
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General Motors CEO Dan Akerson will be replaced by Mary Barra - the first woman to lead a global automaker.
The dollar was mixed in Asia on Wednesday after a deal on US spending that aims to avoid a repeat of a paralysing government shutdown.
Most Asian share markets lurched lower on Wednesday as investors booked profits on a range of once-crowded positions.
US stocks were modestly lower on Tuesday on profit-taking after the S&P 500 index climbed to a record in the prior session.
During three decades of working for Bernard Madoff, Frank DiPascali said knew his boss was running an illegal scheme.
Oil prices edged lower in Asian trade with few leads to spur fresh market movement.
Barack Obama paid tribute to Nelson Mandela at the state memorial service in Johannesburg.
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