World Business Headlines
Africa

SA plans new nuclear power plant by 2020 Today 9:00 PM EDT

South Africa's next nuclear power plant should be up and running by 2020, Energy Minister Dipuo Peters told a nuclear conference on Friday. (Business Report) Read more

Clover may cut ties with industry Today 9:00 PM EDT

Clover will have little choice but to withdraw from all dairy industry associations if it is unable to secure a satisfactory response to its application for temporary exemption from the Competition Ac (Business Report) Read more

Spotlight falls on Telkom to shed light on post-Vodacom profit growth strategy Today 9:00 PM EDT

All eyes will be on Telkom tomorrow to provide clarity on its strategy to replace earnings that it previously received from Vodacom. (Business Report) Read more

R2.4bn job rescue plan slow in uptake Today 9:00 PM EDT

The governments' training lay-off scheme, aimed at curbing retrenchments, has received a lukewarm response, prompting a review to broaden its impact. (Business Report) Read more

Economists wait for vital data on economy's health Today 9:00 PM EDT

A raft of economic data due this week will provide South Africans with some insight into what the future holds. (Business Report) Read more

Mideast private equity leader poised to buy again Today 9:00 PM EDT

Abraaj Capital, the Middle East's largest private equity house, has raised its capital by almost a third as it prepares a return to buying mode. The Dubai-based... (Financial Times ) Read more

Egypt to raise purchase price for local wheat Today 8:55 AM EDT

Egypt will raise the price at which it buys Egyptian wheat from farmers. (Business Report) Read more

Kuwaiti Zain's share-swap deal with Paltel scrapped Today 8:51 AM EDT

A share-swap deal signed by Kuwaiti telecoms company Zain and Palestinian counterpart Paltel has been suspended over failure to secure approvals. (Business Report) Read more

Nafcoc faction says it hasn't been unseated Today 5:26 AM EDT

One of the two factions currently jockeying for the leadership of the National African Federated Chamber of Commerce and Industry claims it has not been unseated. (Business Report) Read more

Banks violating laws will face sanctions: Chavez Today 4:41 AM EDT

Venezuelan President Hugo Chavez says his government was forced to take over management of four private banks because they were not complying with laws and were unable to prove the origins of their f (Business Report) Read more

Equity deal to empower farm workers Nov 21, 2009 11:00PM

The land reform programme has received a shot in the arm with the announcement that Futuregrowth Asset Management is to fund a 50 percent equity stake in a deal to empower farm workers. (Business Report) Read more

Reserve Bank sticks to guns on rand rate Nov 21, 2009 11:00PM

Somewhat disarmingly the new governor of the SA Reserve Bank, Gill Marcus, underlined the point several times during her first briefing to MPs last week that the central bank could "never" intervene t (Business Report) Read more

A taxing tarry in a drizzly queue Nov 21, 2009 11:00PM

If you are reading this now and haven't submitted your tax return, you have until midnight to do it on your own and online. (Business Report) Read more

Nzimande slams banks which are 'making a killing' off SA's poor Nov 21, 2009 11:00PM

South African commercial banks are benefitting from monetary policy and high interest rates are "throttling" the poor, the SACP secretary- general Blade Nzimande has said. (Business Report) Read more

UEMOA frees up billions for internal debts Nov 21, 2009 11:02AM

The central bank for the West African Economic and Monetary Union will disburse 700-billion CFA francs to pay off internal debts. (Business Report) Read more

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