Local Finance News

Life Healthcare plans R7bn listing

Tuesday 18th May 2010

Private hospital operator Life Healthcare Group plans one of the largest private placements on the local bourse. view more

CIC delivers big profits

Tuesday 18th May 2010

Fast moving consumer goods services specialist CIC Holdings justified its billing as one of the JSEs top performing shares with a strong annual performance. view more

Vodacom homes in on data for growth

Tuesday 18th May 2010

Telecommunications group Vodacom says data is a vital part of its growth strategy. view more

World Cup: Firms may sacrifice power

Tuesday 18th May 2010

Should there be electricity supply problems during the World Cup, Eskom will ask big manufacturers and mines to lower their power usage. view more

Eurozone ministers back euro

Tuesday 18th May 2010

Eurozone finance ministers have vowed to fix the regions finances after expressing concern at the plunging euro. view more

Foreign soccer players to pay SA tax

Tuesday 18th May 2010

One local institution set to win from the countrys hosting of the 2010 FIFA World Cup is the SA Revenue Service. view more

Strikers want govt intervention

Tuesday 18th May 2010

As SA industry suffers amid a crippling Transnet strike, workers are appealing to government as wage talks reach a dead end. view more

Short-term power capacity needed

Friday 30th April 2010

The country needs more electricity capacity in the short term because power supply affects business plans, says Business Leadership SA. view more

Resources lead JSE into the red

Friday 30th April 2010

The JSE has ended in negative territory, led by jittery resource stocks ahead of the Henry Tax Review, which is due for release in Australia. view more

Rand firm on Greece news

Friday 30th April 2010

The rand has remained on the front foot amid a stronger euro on news of an imminent rescue package for Greece. view more

International News

Six million hit by tax mistakes

Saturday 4th September 2010

HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418. view more

UN calls special food price talks

Friday 3rd September 2010

The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices. view more

HSBC threatens to quit London HQ

Friday 3rd September 2010

HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says. view more

Petrobras files bn share offer

Friday 3rd September 2010

The Brazilian state oil company, Petrobras, unveils plans to sell up to .5bn of new stock, in one of the world's largest share offers. view more

BP says oil spill cost up to bn

Friday 3rd September 2010

BP says the cost of its Gulf of Mexico oil spill has risen to bn - a rise of more than bn in the last month alone. view more

Bank customers in 'dire poverty'

Saturday 4th September 2010

Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission. view more

Nigerian economy 'to grow by 10%'

Saturday 4th September 2010

Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister says. view more

Shift in home loan availability

Friday 3rd September 2010

The cost of mortgages is continuing to fall and they are becoming more accessible to some borrowers, figures show. view more

US sees 54,000 jobs go in August

Friday 3rd September 2010

The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show. view more

UK builders and services falter

Friday 3rd September 2010

New data shows new construction orders contracted in the second quarter, while the services sector slowed sharply in August. view more


KZN News

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