Business

New vehicle sales recorded another solid performance with double digit growth reported in June. The National Association of Automobile Manufacturers of South Africa says aggregate domestic sales for the month improved year on year by 15.6

Greece's finance minister has resigned because of ill health, throwing the government's drive to soften an international bailout into confusion. Vassilis Rapanos (64) chairperson of the National Bank of Greece, was rushed to hospital on Friday

SA maize and citrus farmers are setting their sights on Asia as they grapple with increasing competition in Africa and falling demand in Europe. With promises of booming demand in the East and low shipping costs, South African farmers are

Microsoft has launched its own series of tablet computers as the tech giant fights to regain ground lost to Apple's hugely popular iPad. Having announced last week that the firm was set to make a key announcement, Steve Ballmer, Microsoft’s

South Africa has committed US2 billion dollars (about R16,58 billion) to an International Monetary Fund (IMF) "firewall" meant to prevent future financial crises, the Treasury said on Tuesday. President Jacob Zuma committed some of

South African citrus will soon be exported to Thailand following the establishment of a new market. The Department of Agriculture says an agreement has been concluded with Thailand after 14 years of negotiations. Department spokesperson, Piwe

Futures edged down slightly on Monday after data showed that orders for manufactured goods dropped unexpectedly in the US in April. Near-dated futures fell by 0.22%? or 63 points? to 29?130. The total number of contracts that exchanged hands

 Banking group Absa has taken over retailer Edcon's store card book for R10b, Business Day reported on Thursday. This is its largest investment since Barclays bought a controlling stake in the group, over five years ago. Absa will gain

Government wants to drastically reduce the cost of broadband through the introduction of more competition into the tightly regulated market? says Communications Minister Dina Pule. Opening the ICT Indaba Africa Conference in Cape Town on Monday