Business

The Competition Appeal Court has dismissed an application by three government ministers who sought a review of a decision to approve the merger between US giant Wallmart and South Africa's Massmart. Cape High Court judge, Dennis Davis, also

The third week of the 2012 Super Rugby tournament began with kindergarten cries of, "our games are harder than your games". It was John Plumtree, a New Zealander who coaches the Sharks, who lit the blue touchpaper when he said that the

South Africa's reputation as an investment destination will be in the spotlight today, when the Competition Appeal Court will release its judgment on the review of the Walmart-Massmart merger. Judge Dennis Davis will hand down judgment in Cape Town

Johannesburg, Mar 8 (I-Net Bridge) - Xstrata Coal says it has agreed to acquire the Sukunka hard coking coal deposit from Talisman Energy Incorporated for US$500 million in cash, in a deal that will be subject to customary conditions. Sukunka is

Johannesburg, Mar 7 (I-Net Bridge) - International long-term savings, protection and investment group Old Mutual plc (OML) has received regulatory approval from the Swedish Financial Supervisory Authority for the disposal of its Nordic business to

Apple unveiled a new iPad on Wednesday with a higher resolution display and faster 4G LTE connectivity as it seeks to tighten its grip on the booming tablet computer market. The California-based gadget-maker also released an updated version of

A weaker Rand provided some support for wool market prices at this week's sale. Cape Wools says its Merino indicator gained 0.6% to close at R101.79 per kilogram for clean wool. Spokesperson Ona Viljoen, says this is a 21% improvement on the

 The mohair market was down slightly after the second sale of the summer season yesterday. Mohair SA says its market indicator closed 1.8% down at R90.60. However, prices in most categories were up by between 4.7% and 5.6%. Mohair SA

Johannesburg, Mar 5 (I-Net Bridge) - SA futures ended weaker on Monday, taking their cue from negative global investor sentiment. The near-dated Alsi contract was down 219 points or 0.72% to 30,205 points. The total number of contracts that