Other Business & Technology News
Vehicle sales slide amid further expected headwinds20/8/2014 4:26
While capital expenditure is projected at a record R7.9bn for the motor industry, the reality is that the outlook for the sector this year has proved to be challenging as new cars and commercial vehicle sales declined during the second quarter of this year.
Huge restructuring at BHP20/8/2014 4:10
BHP Billiton appears to be promising to give South Africa a fair share of representation in the massive restructuring of the business via a demerger which will create an independent global metals and mining company focused on aluminium, coal, manganese, nickel and silver.
Shoprite upbeat on future20/8/2014 4:02
Africa’s retailing giant, the Shoprite Group, is looking beyond the prevailing storm in the consumer market and has pumped R1.2bn into launching new stores during the year ended June.
Sub-Saharan middle class grows: Bank19/8/2014 19:42
Sub-Saharan Africa has experienced substantial growth in its middle class over the past 14 years, according to a Standard Bank report released on Tuesday.
Karzai calls for end of Afghan election impasse19/8/2014 10:58
Afghan President Hamid Karzai appealed Tuesday for the two men vying to succeed him to end their dispute over election results and save the country from further violence and economic decline.
Cotton industry accepts wage proposal19/8/2014 10:47
Striking workers in the cotton textile industry have accepted a wage proposal, the SA Clothing and Textile Workers' Union said on Tuesday.
Moller-Maersk second quarter profit surges to 2.25$19/8/2014 10:42
Danish shipping and oil group AP Moller-Maersk said on Tuesday its second quarter net profit almost tripled to 2.25 billion dollars, boosted by the sale of a majority stake in a supermarket chain.
A first public beta version of Windows 9 coming in September19/8/2014 8:34
According to ZDNet.com, Microsoft could soon reveal a first public beta version of its future operating system, known for now under the codename "Threshold." This first public version could be available in late September or early October.
Sharp unveils a bezel-free smartphone19/8/2014 8:31
The new Aquos Crystal could give the company a serious edge over the competition and make large-screen phones easier to hold with one hand.