Business news results from South Africa - powered by AnHourAgo Media Engine (AME)

SA Good News SA on right track with mines audit: AngloGold 20/05/2012 at 01:19:25 - Cleaning up South Africa's tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, the head of the world's third-largest gold miner ... UK commits to double trade with SA 20/05/2012 at 01:19:23 - British Minister for Africa, Henry Bellingham, has set a goal to double trade volumes and bolster economic ties between South Africa and the UK by 2015. South Africans save millions in retails bond investments 20/05/2012 at 01:19:22 - South Africans have invested over R10 billion in RSA Retail Savings Bonds since its launch in 2004, National Treasury said on Tuesday. Entry into BRIC will propel SA to new heights 20/05/2012 at 01:19:22 - South Africa's invitation by BRIC (Brazil, Russia, India, China) to join the bloc as a full member will propel the country to new heights say experts. It is expected that South Africa will be accepted ... Zuma leads SA to Davos 20/05/2012 at 01:19:21 - President Jacob Zuma will lead the South African delegation to the 2011 World Economic Forum in Davos, Switzerland, The Presidency said on Tuesday.	Money Web Investec refines some of its disclosures 20/05/2012 at 01:18:17 - It feels it has historically overcomplicated its external disclosures. Absa maintains no mass retrenchment in process 20/05/2012 at 01:18:16 - “All options were exhausted” and some employees have to exit, the bank says. Old Mutual says 10% of investors voted against director pay report Today at 01:16:59 - Bullish about its prospects for the year. Impala urges unions to denounce violence 18/05/2012 at 20:47:36 - Worker shot. JSE books worst performance in six months 18/05/2012 at 19:52:02 - Investors continued to hit shares of resource firms and banks. Behind Holdsport’s sporting performance 18/05/2012 at 18:46:16 - It managed to squeeze a few more rands out of each square metre of trading floor. Industrialise and look East, says Davies 18/05/2012 at 18:46:14 - Diversifying and boosting SA’s manufactured exports is vital. Torque IT becomes Apple accredited 18/05/2012 at 18:17:32 - The group will initially offer training in Johannesburg and Cape Town.	Business Day IDC to approach China, India to borrow R40bn 20/05/2012 at 01:17:20 - THE Industrial Development Corporation (IDC) was planning an aggressive borrowing initiative to raise R40bn to support a disbursement programme worth R100bn in five years, chief financial officer G ... Indebted consumer to spend less, says survey 20/05/2012 at 01:17:20 - CONSUMERS are expected to spend less on nonessentials in the next six months as they struggle to service their debt, a MasterCard survey said yesterday. European banks safe in stress tests - IMF 20/05/2012 at 01:17:19 - Stress tests being conducted in the European Union will show that all the major European banks have sufficiently capital, International Monetary Fund chief Dominique Strauss-Kahn told a French televis ... Citigroup second-quarter earnings fall 37% 20/05/2012 at 01:17:19 - Citigroup Inc posted a $2,7bn quarterly profit, down 37% from the same quarter last year, hurt by lower revenue in its investment banking business. Citigroup, AIG classified certain repos as sales 20/05/2012 at 01:17:18 - Citigroup Inc and AIG classified more than $11bn in loans as sales in the second half of 2009, masking the companies’ risk levels, filings with the US Securities regulator showed.
News 24 Privacy issues lurk as Facebook lists 18/05/2012 at 23:48:03 - A German data protection official has warned Facebook investors that the site's starting $38 share price is based on practices that breach privacy rules, as the company fell flat on its market debut. Facebook shares on rollercoaster ride 18/05/2012 at 20:47:40 - Facebook saw a rollercoaster market debut on Friday after an early surge faded, and then buyers stepped into give the stock fresh momentum. Facebook off to a flyer on Nasdaq 18/05/2012 at 19:52:04 - Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market. Manufacturing sector stable 18/05/2012 at 17:46:45 - Confidence in the manufacturing sector remained stable in the first quarter of the year, says the Manufacturing Circle. Decorating tips for young couples 18/05/2012 at 17:17:35 - You’ve just moved in together only to discover that your taste in décor couldn’t be more different from your partner’s. Here's how to blend styles..	Mail & Guardian Online Facebook shares slump in Nasdaq debut 18/05/2012 at 20:47:35 - Facebook shares have fizzled on their first day of trade on the Nasdaq, erasing early gains of as much as 18% at close to their IPO price. SA stocks book worst week in six months 18/05/2012 at 20:16:15 - SA stocks have fallen 1.3%, booking their worst weekly performance in six months as investors continued to hit shares of resource firms and banks. One approach does not fit all 18/05/2012 at 14:46:10 - The new World Bank chief may come from the pro-poor camp, but he has arrived in a time of policy agnosticism. The tobacco industry by the numbers 18/05/2012 at 14:16:23 - British American Tobacco warns it could choke from the onslaught of rules and grey imports, writes Lisa Steyn Maize production blossoms in SA 18/05/2012 at 14:16:23 - After a big spike in maize prices last year -- Grain SA hopes that a new information mechanism will make the market more transparent. South Africa to step on the gas 18/05/2012 at 13:47:36 - Gas-fired power stations have many advantages and there is an abundance of domestic supply, writes Lynley Donnelly.	RTT News Medicare Study Shows Costs Lowest In Alaska, Highest In Nevada Today at 21:13:52 - A new national study of Medicare costs shows Alaska with the lowest health care expenses of any state in the nation, although coming changes to how those costs are calculated may dethrone the state. ... Top Political, Economic Challenges Discussed At G8 Summit: Obama Today at 18:14:16 - Before settling down to the first official working group of the day, U.S. President Barack Obama detailed the issues discussed during Friday's G8 leaders dinner. Syria, Iran, North Korea and Burma, al ... Obama Exhumes Call For Wall Street Reform After Major JPMorgan Loss Today at 17:13:34 - President Barack Obama made renewed calls for Congress to stand "on the side of" Wall Street reform in his weekly address, stating firms have nothing to fear unless they're out to defraud the American ... Will Anthera's PEARL Shine Or Sink? Today at 13:13:09 - It's been a rough ride for Anthera Pharmaceuticals Inc. (ANTH) ever since it halted a late-stage heart drug trial in March , following recommendation by the independent Data Safety Monitoring Board, a ... ITC Initial Ruling Calls For American Import Ban Of Motorola Devices Today at 07:14:31 - In a significant patent victory for Microsoft Corp. (MSFT), the U.S. International Trade Commission, in its preliminary ruling, has ordered a ban on the import of some models of Motorola Mobility Hold ...
CityWire Saturday Papers: Facebook narrowly avoids dip below starting price Today at 08:13:53 - The social network giant ends day at $38.23, up just 0.61% from its starting price after share sale got off to a messy start. 5 reasons you should worry about Greece and the euro 18/05/2012 at 22:15:18 - The eurozone once again faces a full-blown crisis centred on Greece. What does it mean for people in the UK? Rents rise again despite more tenants falling into the red 18/05/2012 at 20:15:44 - Nearly 10% of rent in England and Wales was unpaid in April, but rents still rose 0.5%. Tutition fees increase will cost taxpayers £1 billion a year 18/05/2012 at 20:15:44 - New figures show that the government's plan to increase tuition fees to £9,000 a year will actually increase the cost to the taxpayer. Market blog: Facebook frenzy as FTSE logs worst week of 2012 18/05/2012 at 20:15:43 - FTSE 100 slides as eurozone officials prepare contingency plans for Greek exit; Facebook sells 80 million shares in its first minute of trading.