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Southern Cape Business News

Rand retreats further from 3-week high
Rand retreats further from 3-week high
2017-04-27 08:30:38 AM
BUSINESS NEWS - The rand fell from a 3-week high against the US dollar on Wednesday as the greenback rose and traders closed positions ahead of a national holiday.Stocks gained for a third consecutive...
Heat your home with SpeedHeat
Heat your home with SpeedHeat
2017-04-27 07:57:21 AM
SOUTHERN CAPE BUSINESS NEWS - Industry leaders for 28 years, SpeedHeat floor heating have successfully completed many local and international projects.  A durable, high quality floor heating...
'Cash is not king'
'Cash is not king'
2017-04-26 08:38:24 AM
BUSINESS NEWS - Even if South Africa enters a ratings downgrade spiral, the average pension fund should still be able to deliver good returns in the long term, a portfolio manager says.President Jacob...
A blueprint for financial survival
A blueprint for financial survival
2017-04-25 07:19:00 AM
BUSINESS NEWS - In the wake of the credit downgrades by S&P Global Ratings and Fitch, I spent most of the weekend scouring the newspapers and websites that I normally frequent trying to find any...
Rand strengthens against dollar
Rand strengthens against dollar
2017-04-24 12:22:18 PM
NATIONAL NEWS - The rand has strengthened by more than 1.5% against a weaker dollar on Monday morning.It’s hovering around R12.88 against the dollar mark, a level recorded in the last week of...
Eskom welcomes decision to reject Molefe payout
Eskom welcomes decision to reject Molefe payout
2017-04-24 08:50:00 AM
BUSINESS NEWS - Eskom's board has welcomed Public Enterprises Minister Lynne Brown's decision to reject the utility's former CEO Brian Molefe's R30 million rand pension payout.Questions were raised...
#RandReport: Rand extends gains on week dollar
#RandReport: Rand extends gains on week dollar
2017-04-21 08:45:04 AM
BUSINESS NEWS - The rand extended gains against the dollar on Thursday and government bonds firmed, helped by slowing inflation and the government's rejection of nationalisation of mines and banks...
S&P warns of further downgrade over political uncertainty
S&P warns of further downgrade over political uncertainty
2017-04-20 08:45:39 AM
BUSINESS NEWS - Standard & Poor’s (S&P) Global is warning South Africa’s credit rating could be downgraded deeper into junk status if political uncertainty delays reforms needed to...
How do new Vodacom contracts stack up to MTN, Cell C, Telkom?
How do new Vodacom contracts stack up to MTN, Cell C, Telkom?
2017-04-19 07:50:07 AM
BUSINESS NEWS - Vodacom’s revamped Smart+ and Red+ integrated packages have seen increases in data, voice and SMS allocations across the board.  And, in the case of its Smart packages...
Here’s why Internet Solutions wants Remgro’s asset
Here’s why Internet Solutions wants Remgro’s asset
2017-04-18 08:58:57 AM
BUSINESS NEWS - Internet Solutions (IS) is, according to Bloomberg, in talks to buy Dark Fibre Africa (DFA) from Remgro, majority owner (51%) of DFA-parent Community Investment Ventures. The report...

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