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South Africa Considers Building Nuclear, Coal-Fired Power Plants
February 22, 2012, 9:53 AM EST By Mike Cohen Feb. 22 (Bloomberg) — South Africa is considering spending more than 600 billion rand ($78 billion) on new nuclear plants, another coal-fired plant and a hydropower project in the Democratic Republic of Congo to stave off power shortages in Africa’s largest economy. In the 2012 budget [...]
South Africa’s economic growth lags behind African average, reflecting close …
JOHANNESBURG – Growth in the biggest economy on a continent where average growth is expected at 5.5 per cent is expected at only about 2.7 per cent this year, South Africa’s finance minister said Wednesday, calling for new thinking to get through a global crisis. The 2.7 per cent figure, cited by Finance Minister Pravin [...]
South African Stocks: Anglo, BHP, Implats, Massmart, Old Mutual
February 22, 2012, 11:12 AM EST More From Businessweek Emerging Stocks Fall for First Time in Three Days on Greek Woes South African Stocks: Anglo, BHP, Aspen, Shoprite, Super Group South Africa Worried About Power Costs as Increases Studied South African Stocks: BHP, Gold Fields, Morevest, Wilson Bayly South African Stocks: Anglo, AngloPlat, Basil Read, [...]
UN climate chief turns to CEOs for action
“But the companies, particularly these very, very high-powered companies that … have the ear of many of the decision-makers and the opinion leaders of different countries, they can act as a push factor,” Figueres said. Article source: http://www.boston.com/business/articles/2012/02/21/un_climate_chief_turns_to_ceos_for_action/
Big business unveils ‘beyond advocacy’ plan for SA
The new head of Business Leadership South Africa (BLSA), Thero Setiloane, has laid out his “beyond advocacy” vision for the organisation and its future engagements with government and other social partners, including organised labour. The initial initiatives, which will be rolled out during 2012, will focus on the areas of education, unemployment, particularly youth unemployment, [...]
South African Stocks: Anglo, BHP, Aspen, Shoprite, Super Group
February 21, 2012, 11:41 AM EST By Stephen Gunnion Feb. 21 (Bloomberg) — The FTSE/JSE Africa All Share Index advanced for a third day, rising 0.1 percent to 34,142.37 by the close in Johannesburg. The following were among the most active equities in the South African market today. Stock symbols follow company names. Anglo American [...]
South Africa Worried About Power Costs as Increases Studied
February 21, 2012, 9:13 AM EST More From Businessweek Emerging Stocks Fall for First Day in Three on Greece Concern South African Stocks: Anglo, BHP, Aspen, DigiCore, Super Group South African Stocks: BHP, Gold Fields, Morevest, Wilson Bayly South African Stocks: Anglo, AngloPlat, Basil Read, Harmony Gold Fields Doubles Dividend as Rand Price Increases Profit [...]
Deal adds scale to Litha’s portfolio
Articles Litha, Paladin labs in strategic partnership Litha earnings to be 20-40% higher It is also a bold and decisive move by the Litha Group to create competitive differentiation in the fast-growing South African pharmaceutical market which is estimated to be worth around R30 billion. In terms of the deal, a number of indivisible agreements [...]
South African Stocks: Anglo, BHP, Aspen, DigiCore, Super Group
February 21, 2012, 7:53 AM EST By Stephen Gunnion Feb. 21 (Bloomberg) — The FTSE/JSE Africa All Share Index advanced for a third day, rising 0.2 percent to 34,162.35 by 12:02 p.m. in Johannesburg. The following are among the most active equities in the South African market today. Stock symbols follow company names. Anglo American [...]
South African Markets – Factors to watch on Feb 20
Mon Feb 20, 2012 12:21am EST The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday. DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on COMPANIES – Sun International releases annual results – Standard Bank – [...]