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Recession weans SA off creditgeen reacties, 3571 keer bekeken

According to the country’s National Credit Regulator (NCR) there are 17-million people, or almost a third of the population, in South Africa who are exposed to some kind of debt. CEO of the ……

27 Jan 2010 by pejomo
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ANC 'only thinking' of nationalising reserve bankgeen reacties, 3423 keer bekeken

ANC spokesman Jackson Mthembu said that the “status quo” would not change. Currently the South African Reserve Bank is owned by private shareholders in an effort to keep the bank independe……

27 Jan 2010 by pejomo
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SA banks may buy troubled Nigerian banksgeen reacties, 893 keer bekeken

Two South African banks have publicly disclosed their interest to purchase banks rescued by Nigeria’s central bank last year. Standard Bank South Africa and FirstRand, along with Nigeria……

20 Jan 2010 by pejomo
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Recession hurts SA banksgeen reacties, 923 keer bekeken

South Africa’s banking profits were again down in quarter four of 2009 on the back of weak credit demand and lower transaction volumes, a survey has revealed. Ernst & Young’s lead ……

20 Jan 2010 by pejomo
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SA: Banks' recovery slower than USgeen reacties, 3974 keer bekeken

Earnings for the country’s four biggest banks would be down a combined 37 percent for 2009, said head of Sanlam Investment Management Global Kokkie Kooyman. Kooyman said that Absa, Standard B……

13 Jan 2010 by pejomo
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SA: Banks to scrap chequesgeen reacties, 4169 keer bekeken

South Africa, like the UK, has experienced a dramatic drop in cheque usage as banking clients increasingly make use of electronic services. Nedbank, one of South Africa’s largest banks, has ……

13 Jan 2010 by pejomo
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Mobile banking outstrips PC banking in SAgeen reacties, 913 keer bekeken

One of South Africa’s major banks says that during 2009 mobile banking outperformed PC-based banking for the first time. FNB, one of South Africa’s “big four” banks, recorde……

06 Jan 2010 by pejomo
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'SA banking expensive'geen reacties, 910 keer bekeken

South Africa’s Banking Ombudsman’s office has said that the country’s banks were charging more than they should be by using complicated fee structures to make it difficult to compare……

06 Jan 2010 by pejomo
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IMC lifts SA's brand profilegeen reacties, 871 keer bekeken

South Africa’s International Marketing Council has used the World Cup as an opportunity to showcase the country abroad, spending over R59-million (¤7.7-million) on advertising during the past fi……

23 Dec 2009 by pejomo
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Kenya may co-sponsor 2010geen reacties, 969 keer bekeken

South Africa recently offered Kenya an opportunity to gain a greater slice of the media attention during next year’s World Cup by putting an offer to co-sponsor on the table. The offer, whic……

23 Dec 2009 by pejomo
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Dutch gvt supports SA lodgegeen reacties, 902 keer bekeken

A lodge located just north of South African 2010 host city Polokwane has been included in a European government programme to promote tourism. Mashovhela Lodge in the Soutpansberg Mountains has bee……

16 Dec 2009 by pejomo
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'World Cup will boost sales' - Adidasgeen reacties, 928 keer bekeken

Adidas, the world’s second largest sportswear manufacturer behind Nike, was hoping the 2010 FIFA World Cup in South Africa would be a major boost for sales. The company, which like Nike, rec……

16 Dec 2009 by pejomo
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SA 2010 corporate sales poorgeen reacties, 3328 keer bekeken

According to FIFA and MATCH - FIFA’s official hospitality company - fewer corporate tickets have been sold than expected, which could result in thousands of tickets being released back into gene……

09 Dec 2009 by pejomo
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SA's president more populargeen reacties, 2362 keer bekeken

TNS Research Surveys, one of the most well-known research companies in South Africa, said that Zuma’s 100-day approval rating was currently sitting at 58% for November 2009. This is up from an a……

09 Dec 2009 by pejomo
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Fifa denies media access to drawgeen reacties, 2127 keer bekeken

The draw, which will be held at the Cape Town International Convention Centre, is expected to be broadcast to an audience of over 200-million people across 200 counties, up from the 134.5-million reco……

03 Dec 2009 by pejomo
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WB: Africa freight transport too expensivegeen reacties, 5705 keer bekeken

World Bank transport economist Juan Gaviria said that road freight charges in some African countries were over 200 percent more expensive than countries from other continents. Gaviria added that So……

02 Dec 2009 by pejomo
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SA to extend rail networkgeen reacties, 4511 keer bekeken

Last week a Putco bus, allegedly overtaking on a solid white line, and a truck collided on the Moloto Road, killing 10 and injuring 36. Accidents on the road, often involving Putco busses and other fo……

02 Dec 2009 by pejomo
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Botswana: $385m for transport sectorgeen reacties, 4326 keer bekeken

The Botswana government has pledged to provide an additional $159 million (¤105 million) to boost the project. The OPEC fund for international development has also pledged $40 million (¤26 million). ……

25 Nov 2009 by pejomo
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SA ups cruise offeringsgeen reacties, 3152 keer bekeken

According to Allan Foggitt, director of Starlight Cruising, the MSC Sinfonia will be docking in Durban, bringing an additional 2100 passengers and crew to South Africa. “The arrival of the n……

25 Nov 2009 by pejomo
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SA: Gautrain may run for 2010geen reacties, 3131 keer bekeken

Earlier, the Bombela Concession Company said they are willing to accelerate the project by three weeks at a cost of R1.3-billion (¤117-million). The Gauteng government turned down the offer and even s……

18 Nov 2009 by pejomo
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SA: More new freeways by 2013geen reacties, 2786 keer bekeken

Currently the GFIP is in its first phase, which is over 33% complete. This R15.1-billion (¤1.4-billion) phase will see upgrades, including lane widening, better interchanges and improved lighting, to ……

18 Nov 2009 by pejomo
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SA cancels ¤3-bn Airbus contractgeen reacties, 905 keer bekeken

South Africa has cancelled a deal to buy eight Airbus A400 military transport aircraft after Airbus failed to meet deadlines and costs ballooned. Government spokesman Themba Maseko admitted that g……

11 Nov 2009 by pejomo
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SA: High speed train project delaysgeen reacties, 3372 keer bekeken

The R26-billion (¤2.3-billion) project would see Johannesburg’s international airport connected by rail to Sandton, downtown Johannesburg and Pretoria. It was hoped that the Bombela Consortium, ……

11 Nov 2009 by pejomo
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SA minister: "Africa's roads unsafe"geen reacties, 3409 keer bekeken

Ndebele admitted that road deaths may claim more lives than HIV/Aids and malaria by 2020. Addressing an international audience, Ndebele added: “We are here to be part of a march which addresses ……

04 Nov 2009 by pejomo
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“Road building to stop for 2010”geen reacties, 3425 keer bekeken

“Come May 2010, there will be no more construction, no more road closures and we will stop with blasting,” said SANRAL’s CEO Nazir Alli. Gauteng, as the country’s smallest ……

04 Nov 2009 by pejomo
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