18 C
Port Elizabeth
Sunday, August 20, 2017

South Africa, China and UK face Moody’s downgrade

By Marc Jones LONDON (Reuters) - Moody's is likely to make key rating calls on Britain, China and South Africa among others this year as...

FAW announces construction to begin on R200m plant at Coega IDZ

 Chinese vehicle manufacturer First Automobile Works (FAW) announced that they have appointed WBHO Construction for the design and construction of its vehicle and truck...

Massive transport plans on cards

A massive overhaul of South Africa's public transport system is set to be in the works in the next decade as expenditure on infrastructure...

Sappi retrenchments halved

The number of employees facing retrenchment at paper manufacturer Sappi has been halved, trade union Solidarity said on Wednesday. The number was down from 959...

Gigaba: SAA board resignations ‘bizarre’

The Minister of Public Enterprises, Malusi Gigaba, has called the resignations of the South African Airways (SAA) chairwoman Cheryl Carolus and seven Non-Executive Directors...

Respected economist, Tony Twine, passes away

Economist Tony Twine has died after a short illness, SABC radio news reported on Monday. Twine, 57, died on Sunday in Milpark hospital, following a...

Mantashe: Black businesses must deliver

Black business must deliver affordable, quality products and services if it wants government contracts, ANC secretary-general Gwede Mantashe said yesterday. "As we support black business,...

MTN denies taking billions out of Nigeria

By Camillus Eboh ABUJA (Reuters) - South Africa's MTN <MTNJ.J> on Wednesday denied allegations it illegally repatriated $13.92 billion (£10.72 billion) from Nigeria, the latest...

Markets stutter on Japan growth slowdown

A bigger-than-anticipated slowdown in Japan's growth rate weighed on markets Monday though investor hopes of more levitra or viagra stimulus measures from the...

SA, Turkey sign declaration to boost trade

A declaration between South Africa and Turkey will see the two nations boost relations in areas including infrastructure development, mining and energy, said the...

Weather

Port Elizabeth
clear sky
18 ° C
18 °
18 °
68%
2.1kmh
0%
Mon
18 °
Tue
16 °
Wed
16 °
Thu
19 °
Fri
14 °

Currency

ZAR - South African Rand
USD
13.2249
GBP
17.0264
EUR
15.5260
AUD
10.4693
CNY
1.9821
JPY
0.1213