17 C
Port Elizabeth
Saturday, August 19, 2017

Concerns as Zimbabwe introduces “Bond Notes”

By Ed Cropley HARARE (Reuters) - In Zimbabwe, where worthless $100 trillion (80.36 trillion pound) notes serve as reminders of the perils of hyperinflation, President...

Wool sales lower as rand strengthens against dollar

The wool market traded 3,8% lower this week and the Cape Wools Merino Indicator decreased by 571 points to close at a value of...

Municipality announces tough credit control changes as debtors book hits R2 billion

Nelson Mandela Bay Municipality Executive Mayor Athol Trollip announced stringent credit control measures as the institution’s debtors book reached R2 billion in outstanding revenue. An...

Delays with waterfront development unacceptable

The Nelson Mandela Bay Business Chamber welcomes the waterfront development plans - tabled at the Nelson Mandela Bay Municipality’s economic development, tourism and agriculture...

Google launches Pixel Phone. Challenges Samsung, iPhone

By Julia Love SAN FRANCISCO (Reuters) - Alphabet Inc's <GOOGL.O> Google on Tuesday announced a new "Pixel" smartphone and a virtual reality headset, making a...

Consumers to be hit again by rising fuel prices

Stronger international petroleum prices and a weakening rand mean that consumers are going to have to fork out more for fuel  in October. This...

South Africa’s Mining Industry continues to Face Tough Times

South Africa’s Mining Industry continues to Face Tough Times in the Wake of Subdued Commodity Prices, Mounting Cost Pressure and Regulatory Uncertainty: PwC Report 2016...

Merino wool market drops 1.6%

The wool market traded lower with the Cape Wools Merino Indicator declining by 1,6% and by 233 points to close at a value of...

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...

Twitter for sale?

By Liana B. Baker SAN FRANCISCO (Reuters) - With speculation mounting that Twitter Inc will soon have a new corporate owner, the 10-year-old social networking...

Weather

Port Elizabeth
clear sky
17 ° C
17 °
17 °
59%
7.7kmh
0%
Sun
18 °
Mon
19 °
Tue
16 °
Wed
16 °
Thu
18 °

Currency

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