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We are open for business despite drought : South Africa Tourism

Media India Group - 1 hour ago
South Africa has been hit by a severe drought that the authorities recently declared a national disaster. The situation in Cape Town is particularly harsh. But South Africa Tourism says the government has taken steps to mitigate the impact on residents ...and...

Downsize looms for SA's bloated administration

Times LIVE - 1 hour ago
South Africa's bloated cabinet and government departments are due for a makeover under the watch of President Cyril Ramaphosa. Ramaphosa hinted in his state of the nation address that excess fat would be trimmed to ensure the efficient use of public ...and...

Study: South African businesses lag behind global peers in leveraging technology

IT News Africa - 1 hour ago
According to Accenture Technology Vision 2018, South African businesses wanting to leverage the power of technology to transform themselves into intelligent enterprises that can integrate into people's daily lives must embrace five key trends. This...

South Africa miners call truce in battle with government

Financial Times - 1 hour ago
South Africa's mining industry has called a truce in its battle with the government over controversial new regulations that threaten to impose onerous burdens on the sector. The Chamber of Mines, which represents big miners operating in the country ...and...

Isuzu Motors SA officially launched: New MU-X to debut locally

Wheels24 - 2 hours ago
Port Elizabeth - Isuzu Motors announced the official launch of its business operations in South Africa. This follows the announcement of last year where Isuzu had said that it would purchase the light commercial vehicle operations in Port Elizabeth and ...and...

SA gets down to business

IT-Online - 2 hours ago
Small business will get a boost. Government will work with social partners to build a small business support ecosystem; and government undertakes to push at least 30% of public procurement through SMMEs, cooperatives and township and rural enterprises ...and...

How to do business with no water

IT-Online - 2 hours ago
“The looming Day Zero is not endemic to the City as other areas in South Africa and globally are experiencing drought conditions” says Nicolette Pombo-van Zyl, editor of ESI Africa. “What is unique is that if Cape Town does in fact reach Day Zero ...and...

Transnet hunting for African deals

Business Day - 3 hours ago
The state-owned company was also looking for opportunities in the Middle East, India and South Asia and wanted to boost revenue by more than half to R100bn, group executive for strategy Khaya Ngema said in the same interview. Transnet is seeking to ...and...

South African police still looking for Zuma ally Ajay Gupta

THE WEEK - 3 hours ago
South Africa has widened a corruption probe into allies of ex-president Jacob Zuma to other countries including India, China and Dubai, the police minister said on Monday. Fikile Mbalula made the announcement days after South Africa issued an arrest ...and...

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Nigeria, global agencies to fight illicit financial flows in Africa

Blueprint newspapers Limited (blog) - 2 hours ago
Minister of Finance, Kemi, Adeosun, who said Nigeria accounted for a significant percentage of the loss, identified some groups the country agreed a high-level collaboration to include Organisation for Economic Cooperation and Development (OECD) and ...and...

OPINION: Focus on the health of South Africa's tax base

Independent Online - 3 hours ago
Moody's continues to hold a more constructive view on South Africa, with a rating one notch better than that of Standard & Poor's Global and Fitch, but is likely to downgrade South Africa if the Budget outcomes mirror those planned in the MTBPS. It can ...and...

R50.8-billion budget hole leaves SA with tough tax choices

Times LIVE - 3 hours ago
South Africa may have a new finance minister soon following the replacement of its president, but whoever replaces Malusi Gigaba will still face a R50.8-billion hole in the nation's finances. With growth in South Africa's economy lagging after its ...and...

'Been there‚ done that'

Tito Mboweni rules himself out of Cabinet race - 4 hours ago
Developmental economist and South Africa's first black governor of the SA Reserve Bank‚ Tito Mboweni‚ says he will not be a contender for a cabinet minister position under new president Cyril Ramaphosa. In the early hours of the morning‚ Mboweni took ...and...

The reason African cities aren't funding infrastructure with municipal bonds

Quartz - 5 hours ago
Cities in sub-Saharan Africa have raised less than 1% of the total raised by US cities since 2004. For comparison, cities in sub-Saharan Africa have raised less than 1% of the US amount since 2004. Only a handful of local governments have successfully...

South Africa Budget, Brazil Reforms to Be Emerging Markets Focus

Bloomberg - 6 hours ago
With Zuma no longer South African president, investor focus turns this week from politics to economics. Gigaba will present the budget on Wednesday, potentially providing traders with the first indications about the government's willingness to boost ...and...

5 biggest revenue-generating tax changes to expect this week

BusinessTech - 6 hours ago
South Africa may have a new finance minister soon following the replacement of its president, but whoever replaces Malusi Gigaba will still face a R50.8 billion ($4.4 billion) hole in the nation's finances. With growth in Africa's most-industrialized ...and...

Details: What Ramaphosa will look for in hiring his Cabinet

Citizen - 6 hours ago
Besides former finance minister Pravin Gordhan, who is a safe bet for his executive council, Ramaphosa's former campaign strategist Enoch Godongwana is likely to have a prominent role to play in the economic cluster. For years now, Godongwana had been ...and...

Everyone wants Sars to be credible once more

Independent Online - 7 hours ago
JOHANNESBURG - Cyril Ramaphosa's tough stance on governance issues at the SA Revenue Service (Sars) received the full backing of South African banks and the business community. Ramaphosa, in his State of the Nation Address (Sona) on Friday, said tax ...and...

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Bancolombia SA (CIB) Analysts See $0.86 EPS

BZ Weekly - 2 hours ago
The stock of Bancolombia S.A. (NYSE:CIB) has “Hold” rating given on Tuesday, August 15 by HSBC. The firm has “Hold” rating by Standpoint Research given on Monday, May 22. The firm earned “Buy” rating on Friday, August 14 by Standpoint Research ...and...

Assenagon Asset Management SA Acquires Shares of 205291 BankUnited (NYSE:BKU)

StockNewsTimes - 3 hours ago
Assenagon Asset Management S.A. purchased a new position in shares of BankUnited (NYSE:BKU) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 205,291 ...and...

Open banking's relevance to SA

IT-Online - 3 hours ago
“South Africa is already leading in this space. At BBD we are already enabling South African banks to open APIs and interact with fintech companies offering niche services. South African banks are known for being innovative and in this instance, aren't...

Creative Planning Cuts Stake in Banco Santander, SA (SAN)

Week Herald - 3 hours ago
Creative Planning reduced its position in shares of Banco Santander, S.A. (NYSE:SAN) by 42.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,567 shares ...and...

Banking Association 'ready to respond' to Ramaphosa's SoNA call

Creamer Media's Engineering News - 5 hours ago
“South African banks have repeatedly said that that they are willing and able to ensure that social grants are legally distributed to their beneficiaries, within the terms of the Constitutional Court hearings.” “We hope that the way is now clear for a ...and...

How Did Banco Santander SA.'s (LON:BNC) 7.68% ROE Fare Against The Industry?

Simply Wall St - 5 hours ago
Banco Santander SA. (LSE:BNC) performed in-line with its diversified banks industry on the basis of its ROE – producing a return of7.68% relative to the peer average of 7.09% over the past 12 months. But what is more interesting is whether BNC can...

Everyone wants Sars to be credible once more

Independent Online - 7 hours ago
JOHANNESBURG - Cyril Ramaphosa's tough stance on governance issues at the SA Revenue Service (Sars) received the full backing of South African banks and the business community. Ramaphosa, in his State of the Nation Address (Sona) on Friday, said tax ...and...

FIG Partners Comments on Preferred Bank's FY2018 Earnings (NASDAQ:PFBC)

The Ledger Gazette - 8 hours ago
BNP Paribas Arbitrage SA grew its position in shares of Preferred Bank by 80.4% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,415 shares of the bank's stock worth $146,000 after buying an additional 1,076 shares during the last quarter ...and...

Sprucegrove Investment Management LTD Decreased Position in Banco Bradesco SA (BBD) by $3.01 Million as Stock ...

BZ Weekly - 19 hours ago
Sprucegrove Investment Management Ltd decreased its stake in Banco Bradesco S A (BBD) by 1.18% based on its latest 2017Q3 regulatory filing with the SEC. Sprucegrove Investment Management Ltd sold 273,500 shares as the company's stock declined 11.39 ...and...

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Abeona Therapeutics Inc. (ABEO) Reaches $12.50 After 7.00% Up Move; JSE LTD JOHANNES (JSEJF) Shorts Raised ...

Bibeypost.com - 2 days ago
After $-0.13 actual earnings per share reported by Abeona Therapeutics Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth. JSE Limited operates as a securities exchange in South Africa. The company has market cap of $1.20 billion ...and...

AMG Packaging up 12% to lead stock gains

Loop Jamaica - 2 days ago
The JSE Index declined by 723.99 points ( 0.25 per cent ) to close at 288,031.79. The JSE All Jamaican Composite Index declined by 794.62 points ( 0.25 per cent) to close at 316,131.77. The JSE Select Index declined by 38.23 points ( 0.44 per cent) to...

Johannesburg bourse closes lower

Xinhua - 3 days ago
JOHANNESBURG, Feb. 16 (Xinhua) -- The Johannesburg Stock Exchange (JSE) eased a little on Friday ahead of a key address by newly sworn-in president Cyril Ramaphosa. Ramaphosa was sworn on a day earlier following the resignation of former president ...and...

Mayberry led gains during Thursday's trading

Loop Jamaica - 3 days ago
Mayberry, Knutsford Express and Stationery & Office Supplies (SOS) led gains on Thursdays trading of the Jamaica Stock Exchange (JSE). Mayberry increased 18 per cent to close at $6.02. Knutsford increased 12.3 per cent to close at $13.50. SOS gained 11...

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