South Africa

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• Source limited to: Business Report (IOL)

 2018-12-10 21:00 

Business Report (IOL)

Austrian retailers file antitrust complaint against Amazon...

Austrian retailers have filed a complaint against Amazon with their national competition authority over their dual role as a retailer and a marketplace....

 2018-12-10 20:30 

Business Report (IOL)

Investment trust discounts at historic highs...

Investment trusts used to be very popular for investors on the JSE....

 2018-12-10 20:00 

Business Report (IOL)

Egypt's annual urban consumer price inflation falls to 15.7%...

The rate had been increasing steadily since August, reflecting the impact of the government's fuel, electricity and transportation subsidy cuts....

 2018-12-10 19:30 

Business Report (IOL)

Standard Chartered may cut jobs in UAE retail bank...

The bank is making changes to its retail business, including encouraging its customers to move to digital services, two other sources said....

 2018-12-10 19:00 

Business Report (IOL)

Australian watchdog wants a regulator for dominant Google, Facebook...

Australia's competition watchdog recommended a new regulator to check the dominance of Facebook and Google in their online advertising and news markets....

 2018-12-10 18:30 

Business Report (IOL)

Alibaba to increase stake in Hong Kong-listed Alibaba Pictures...

Alibaba Pictures will issue one billion new shares to Alibaba at HK$1.25, valuing the exchange at roughly HK$1.25 billion....

 2018-12-10 18:00 

Business Report (IOL)

BP, Shell to battle it out on climate resolutions...

The energy sector accounts for about two-thirds of global emissions, according to the Institutional Investors Group on Climate Change....

 2018-12-10 17:45 

Business Report (IOL)

Qualcomm wins import ban against few Apple iPhones in China...

The preliminary order affects the iPhone 6S through the iPhone X....

 2018-12-10 17:30 

Business Report (IOL)

World Bank shifts focus to Egypt's private sector as it gets $1bn loan...

Egypt's macroeconomic indicators have improved since the country began implementing a reform program drawn up with the International Monetary Fund....

 2018-12-10 17:13 

Business Report (IOL)

Experian proposes to buy two credit bureaus in sub-Saharan Africa...

Experian on Monday announced its proposed acquisition of Compuscan and Scoresharp, the providers of credit information and analytics services....

 2018-12-10 17:00 

Business Report (IOL)

Telkom service router down causes network outage...

When asked whether or not the company gave users compensation due to the outage, the company did not respond to the question....

 2018-12-10 16:45 

Business Report (IOL)

Tencent Music Co-presidents to become millionares...

Co-presidents Xie Zhenyu and Xie Guomin are on the brink of becoming billionaires as Tencent Music Entertainment prepares a public stock offering....

 2018-12-10 16:45 

Business Report (IOL)

Cape Town, Western Cape attracts over R1bn business tourism...

Cape Town and the Western Cape Convention Bureau, part of the tourism unit at Wesgro, has managed to secure business events to the value of R1bn....

 2018-12-10 16:30 

Business Report (IOL)

Japan's top three telcos to exclude Huawei, ZTE network equipment...

Japan plans to ban government purchases of equipment from Huawei and ZTE to ensure strength in its defences against cyber attacks....

 2018-12-10 16:10 

Business Report (IOL)

EY partners with black women-owned Motlanalo...

Motlanalo is a 100% black women-owned audit and advisory practice that currently employs 23 permanent staff and is on a strong growth trajectory....

 2018-12-10 16:00 

Business Report (IOL)

Checkout the new banking fees for 2019...

Five South African retail banks have updated their fee schedules for 2019 according to BusinessTech....

 2018-12-10 15:45 

Business Report (IOL)

Air fares in Sudan soar due to local currency's devaluation...

Air fares in Sudan skyrocketed this week after aviation authorities ordered airlines to price tickets in line with a new exchange rate mechanism....

 2018-12-10 15:16 

Business Report (IOL)

Analysts predict broad R12-R15/$ range for the rand in 2019...

The rand has been heavily affected by world economic growth and market volatility, according to the results of a Bloomberg poll announced on Monday....

 2018-12-10 15:00 

Business Report (IOL)

FirstRand expands services...

Moneylender FirstRand aims to be an integrated financial-services provider to offer everything from insurance, car license renewals etc....

 2018-12-10 14:30 

Business Report (IOL)

Nigeria's economy grew 1.81% in third quarter driven by non-oil sector...

Nigeria's economy grew 1.81 percent in the third quarter of 2018 from a year earlier, pushed higher by the non-oil sector....

 2018-12-10 14:07 

Business Report (IOL)

India cenbank governor Patel resigns, stuns markets...

Reserve Bank of India Governor Urjit Patel resigned for "personal reasons" on Monday....

 2018-12-10 14:00 

Business Report (IOL)

Students from KZN university win R50 000 in business competition...

The winning team of four students took home R50 000 to turn their business idea into reality.....

 2018-12-10 14:00 

Business Report (IOL)

Soulja Boy unveils his own gaming console...

Soulja Boy announced on social media that he will be selling his own video game consoles and refurbished tech accessories....

 2018-12-10 13:30 

Business Report (IOL)

China has never heard of any country having security problem with Huawei...

Ministry spokesman Lu Kang made the comment at a daily news briefing in Beijing....

 2018-12-10 12:30 

Business Report (IOL)

Transnet reopens key Iron Ore Export Channel rail line after closure over accident...

Iron producer Kumba said on Monday state logistics company Transnet had reopened the Iron Ore Export Channel....

 2018-12-10 12:13 

Business Report (IOL)

Eastern Cape's uMthatha gets first SA Express direct flight from Joburg...

The Eastern Cape department of transport will from Monday be receiving SA Express direct flights from Johannesburg at Mthatha Airport....

 2018-12-10 12:00 

Business Report (IOL)

SA's Rooibos tea enjoys a rosy outlook from international markets...

Rooibos, exclusively farmed in the Cederberg and Sandveld areas is fast becoming one of the most attractive agricultural products to invest in....

 2018-12-10 11:59 

Business Report (IOL)

WATCH: Uber launches 24/7 phone support for SA drivers, passengers...

Passengers and drivers will have a dedicated phone support line, staffed 24 hours a day, seven days a week....

 2018-12-10 11:30 

Business Report (IOL)

Cocoa companies fail on pledge to stop Africa deforestation - report...

Companies from Mars to Hershey to Barry Callebaut joined the governments of Ivory Coast and Ghana to launch the Cocoa and Forests Initiative last year...

 2018-12-10 10:42 

Business Report (IOL)

Safety apps SA women should have on their phones...

In support of 16 Days of Activism, we've highlighted three impressive safety technology apps....

 2018-12-10 10:30 

Business Report (IOL)

PICS: R1.6bn reinvention of Suncoast created over 2000 jobs...

Suncoast has been reinvented at a cost of R1.6 billion, providing Durban with a world-class attraction for both local and international visitors....

 2018-12-10 09:36 

Business Report (IOL)

African economic conference pushes for inclusive trade agreement...

Delegates at the African Economic Conference in Rwanda said the AfCFTA signed by 44 countries this year was not without its potential downsides....

 2018-12-10 09:35 

Business Report (IOL)

Liquid Telecom to invest $400m in Egypt for network infrastructure, data centres...

Pan-African telecoms group Liquid Telecom said on Monday it was investing eight billion Egyptian Pounds (U.S.$400 million) over the next three years....

 2018-12-10 09:30 

Business Report (IOL)

Business of cryptocurrencies...

Cryptocurrencies continued their slide with fresh losses after the SEC dashed hopes that a Bitcoin exchange-traded fund would appear....

 2018-12-10 09:30 

Business Report (IOL)

Egypt aims to kickstart African trade as it takes AU chair...

Egypt is promoting itself as a linchpin for intra-African trade and a model of economic reform....

 2018-12-10 09:00 

Business Report (IOL)

Protest action closes Libyan oilfields, oil production drops...

Protesters in Libya have shut down the El Feel oilfield in south-western Libya, only a day after also closing the Sharara oilfield in Ubari....

 2018-12-10 08:58 

Business Report (IOL)

Eskom says no loadshedding scheduled for Monday...

Power utility Eskom said on Monday that it will not implement Stage 1 rotational load shedding from 9am as usual...

 2018-12-10 08:30 

Business Report (IOL)

FSCA probing insider trading following sale of Steinhoff shares...

The Financial Sector Conduct Authority is investigating 7 trading accounts that sold Steinhoff shares in the weeks leading to the collapse....

 2018-12-10 07:30 

Business Report (IOL)

Dawn cuts 700 employees in six months...

Financially troubled Distribution and Warehousing Network (Dawn) retrenched and terminated the employment of more than 700 employees....

 2018-12-10 07:26 

Business Report (IOL)

7 things you need to know today...

We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa, and the world....

 2018-12-10 06:55 

Business Report (IOL)

WATCH : Rand recovers from last week's losses...

Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world....

 2018-12-10 06:44 

Business Report (IOL)

KPMG 'a different company now', says chairman Nkuhlu...

Embattled auditing firm KPMG South Africa board chairman Wiseman Nkuhlu says the company has changed....

 2018-12-10 06:30 

Business Report (IOL)

Nedbank offer at odds with prohibition...

EXCLUSIVE: Odd-lot investors who don't specifically elect to retain their shares regarded as having chosen to dispose of them....

 2018-12-10 06:00 

Business Report (IOL)

Government resource plan blocking jobs for thousands in Northern Cape...

Close to 2 000 construction jobs, over a period of five to 10 years, could be guaranteed for communities in the Northern Cape....

 2018-12-10 05:30 

Business Report (IOL)

CPS must talk with Sassa about contract pricing Concourt...

CPS approached the Concourt in an urgent application to obtain the court's endorsement of the Treasury-recommended rate....

 2018-12-10 05:00 

Business Report (IOL)

Retail sector showing signs of revival...

A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year....

 2018-12-10 04:30 

Business Report (IOL)

Erstwhile Necsa bigwigs to challenge dismissal by Radebe...

Kemm, Bosman and Tshelane have applied to the high court for an urgent interdict to review and set aside Radebe's decision to remove the board....

 2018-12-10 04:00 

Business Report (IOL)

Net1 to negotiate remainder of contract with Sassa...

Net1 UEPS Technologies will have to negotiate with Sassa over the pricing of the last six months of its contract to distribute social grants....

 2018-12-09 16:00 

Business Report (IOL)

Cannabis sector gets high as Altria joins the market...

The gains bring some relief to cannabis investors, who had been poised for their worst weekly loss in six weeks after a report targeted Aphria....

 2018-12-09 15:00 

Business Report (IOL)

PICS: Tech firm simplifies Rwanda's motorcycle taxi industry...

FEATURE: In Rwanda they are called Moto taxis, in Nigeria Okadas, while in Uganda, there is Boda-boda ... writes Songezo Ndlendle....

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