A.I.CLOTHING MANUFACTURERS
Nigeria’s growth rate fails to ease poverty
Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday.
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Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday.
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Union brinkmanship pushes rand to four-year low
The demands by the National Union of Mineworkers (NUM) of a 60 percent wage increase helped push the rand to a four-year low yesterday, highlighting the ripple effect of the prospect of more turmoil in the mining industry.
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The demands by the National Union of Mineworkers (NUM) of a 60 percent wage increase helped push the rand to a four-year low yesterday, highlighting the ripple effect of the prospect of more turmoil in the mining industry.
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Muvoni: Buyout target warns of loss per share
Muvoni Technology Group, which is the target of a buyout, expected to report a loss a share of 0.39 cents for the six months to February, the company said yesterday.
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Muvoni Technology Group, which is the target of a buyout, expected to report a loss a share of 0.39 cents for the six months to February, the company said yesterday.
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Mauritius: Drop in tourism hurts earnings
Earnings from tourism in Mauritius fell 12.4 percent from a year earlier to 12 billion rupees (R3bn) in the first three months of this year as the weak economic environment in Europe hurt visitors’ spending.
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Earnings from tourism in Mauritius fell 12.4 percent from a year earlier to 12 billion rupees (R3bn) in the first three months of this year as the weak economic environment in Europe hurt visitors’ spending.
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Weak Abil results hit lenders across JSE
Shares of companies that had anything to do with lending or consumer spending were among the hardest hit on the JSE yesterday. This was as widespread negative sentiment was aggravated by the release of interim results from African Bank (Abil), which showed a 26 percent fall in headline earnings to R1.26 a share.
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Shares of companies that had anything to do with lending or consumer spending were among the hardest hit on the JSE yesterday. This was as widespread negative sentiment was aggravated by the release of interim results from African Bank (Abil), which showed a 26 percent fall in headline earnings to R1.26 a share.
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Ryanair flies high as earnings top forecasts
Ryanair posted forecast-beating full-year earnings yesterday, buoyed by strong growth in fares and a sharp rise in charges for items such as baggage and in-flight refreshments.
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Ryanair posted forecast-beating full-year earnings yesterday, buoyed by strong growth in fares and a sharp rise in charges for items such as baggage and in-flight refreshments.
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MTN: Firm steps up awareness campaign
MTN, which faces telecoms market heavyweights such as India’s Bharti Airtel, China Mobile and Norway’s Telenor in the scramble for an operating licence in Myanmar, has stepped up its awareness campaign.
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MTN, which faces telecoms market heavyweights such as India’s Bharti Airtel, China Mobile and Norway’s Telenor in the scramble for an operating licence in Myanmar, has stepped up its awareness campaign.
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Sekunjalo buys controlling stake in INMSA
Sekunjalo Independent Media has notified the Competition Commission that it proposes to acquire the Independent News & Media (INMSA), which publishes Business Report, as well as The Star, Cape Times, Mercury and Pretoria News, in a deal valued at R2 billion.
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Sekunjalo Independent Media has notified the Competition Commission that it proposes to acquire the Independent News & Media (INMSA), which publishes Business Report, as well as The Star, Cape Times, Mercury and Pretoria News, in a deal valued at R2 billion.
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Technical analysis: Ellies a favourite since 2008/09
Ellies has been a favourite among traders and investors since the 2008/09 financial crisis bottom, when it traded around 90c a share.
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Ellies has been a favourite among traders and investors since the 2008/09 financial crisis bottom, when it traded around 90c a share.
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Yahoo buys Tumblr in $1.1bn deal
Yahoo! is buying blogging network Tumblr for about $1.1 billion (R10.4bn) as chief executive Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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Yahoo! is buying blogging network Tumblr for about $1.1 billion (R10.4bn) as chief executive Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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Protech Khuthele: Share earnings, revenue climb
Protech Khuthele, the listed civil engineering group, yesterday reported a turnaround in its financial performance and a return to profitability in the year to February.
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Protech Khuthele, the listed civil engineering group, yesterday reported a turnaround in its financial performance and a return to profitability in the year to February.
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Zimbabwe’s mines body rejects bid to control production
The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum, had rejected a proposal for the state to control mineral production and prices, a draft response from the industry organisation obtained by Bloomberg News showed.
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The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum, had rejected a proposal for the state to control mineral production and prices, a draft response from the industry organisation obtained by Bloomberg News showed.
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Time to revaluate the power of unions
Across the country tens of thousands of families have been prevented from working over recent weeks.
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Across the country tens of thousands of families have been prevented from working over recent weeks.
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EU finds time to tell restaurants how to serve olive oil
Critics ridiculed EU bureaucrats on Saturday for taking time off fighting the euro zone’s debt crisis to impose strict new rules on how restaurants serve olive oil.
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Critics ridiculed EU bureaucrats on Saturday for taking time off fighting the euro zone’s debt crisis to impose strict new rules on how restaurants serve olive oil.
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Barloworld sells Belgian business
Barloworld has sold its Belgium handling business for E7.5 million (R88.9m) and is considering “strategic options” for its handling business in the Netherlands.
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Barloworld has sold its Belgium handling business for E7.5 million (R88.9m) and is considering “strategic options” for its handling business in the Netherlands.
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Rooneys welcome second son
Wayne and Coleen Rooney have named son Kai’s new sibling, who was born in the early hours.
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Wayne and Coleen Rooney have named son Kai’s new sibling, who was born in the early hours.
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Stop buying overpriced players - Pitso
Pitso Mosimane has hit out at Sundowns, Chiefs and Pirates for buying players for more than what they are worth.
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Pitso Mosimane has hit out at Sundowns, Chiefs and Pirates for buying players for more than what they are worth.
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Ferguson bags trophy for retirement
Manchester United manager Alex Ferguson has capped his final season in charge of the club in style.
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Manchester United manager Alex Ferguson has capped his final season in charge of the club in style.
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Wallabies squad is predictable - Gatland
British and Irish Lions coach Warren Gatland called Australia's selection for next month's series predictable.
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British and Irish Lions coach Warren Gatland called Australia's selection for next month's series predictable.
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Evans not giving up on Giro dream
Cadel Evans said he has not thrown in the towel ahead of his bid to overthrow Italian race leader Vincenzo Nibali and win this year's Giro d'Italia.
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Cadel Evans said he has not thrown in the towel ahead of his bid to overthrow Italian race leader Vincenzo Nibali and win this year's Giro d'Italia.
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Lu stuns Seppi in Nice
Lu Yen-Hsun of Taiwan upset fifth-seeded Andreas Seppi to reach the second round of the Open de Nice.
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Lu Yen-Hsun of Taiwan upset fifth-seeded Andreas Seppi to reach the second round of the Open de Nice.
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Real, Mourinho agree to part ways
Real Madrid and Jose Mourinho have agreed the Portuguese coach will leave the La Liga club at the end of the season.
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Real Madrid and Jose Mourinho have agreed the Portuguese coach will leave the La Liga club at the end of the season.
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City’s Rodwell gets England call up
Manchester City midfielder Jack Rodwell was called up to the England squad for their friendlies against Ireland and Brazil.
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Manchester City midfielder Jack Rodwell was called up to the England squad for their friendlies against Ireland and Brazil.
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It was all about Fergie and United
The 2012-13 Premier League season is to go down in history for two things -Manchester United's record 20th title and the retirement of Alex Ferguson.
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The 2012-13 Premier League season is to go down in history for two things -Manchester United's record 20th title and the retirement of Alex Ferguson.
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Oscar rules out racing this year
Paralympic champion Oscar Pistorius, who is charged with murdering his girlfriend, will not compete in any events this year.
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Paralympic champion Oscar Pistorius, who is charged with murdering his girlfriend, will not compete in any events this year.
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Napoli in Benitez talks
Napoli president Aurelio De Laurentiis was in London Monday to meet Rafael Benitez in a bid to lure Chelsea's Spanish manager to the Serie A club.
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Napoli president Aurelio De Laurentiis was in London Monday to meet Rafael Benitez in a bid to lure Chelsea's Spanish manager to the Serie A club.
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Gatland rules out Wilkinson call
British and Irish Lions head coach Warren Gatland insists he won't ask Jonny Wilkinson to join the forthcoming tour to Australia.
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British and Irish Lions head coach Warren Gatland insists he won't ask Jonny Wilkinson to join the forthcoming tour to Australia.
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Nieminen advances in Dusseldorf
Jarkko Nieminen waited out a two-hour rain delay before putting a quick end to a run of two first-round clay losses with a 6-3, 6-1 defeat of Lukas Lacko at the PowerHorse Cup.
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Jarkko Nieminen waited out a two-hour rain delay before putting a quick end to a run of two first-round clay losses with a 6-3, 6-1 defeat of Lukas Lacko at the PowerHorse Cup.
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No injury worries for Bulls
The Bulls were bolstered by the news that their 35-18 victory over the Highlanders did not produce any serious injuries.
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The Bulls were bolstered by the news that their 35-18 victory over the Highlanders did not produce any serious injuries.
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US Open door opens for Jaidee
Thongchai Jaidee's disappointment in losing out in the final of the Volvo World Match-Play Championship has been eased knowing he will qualify for next month's US Open.
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Thongchai Jaidee's disappointment in losing out in the final of the Volvo World Match-Play Championship has been eased knowing he will qualify for next month's US Open.
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Mchunu to make international debut
Thabiso “The Rock” Mchunu will make his international debut against seasoned American Eddie Chambers in New York.
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Thabiso “The Rock” Mchunu will make his international debut against seasoned American Eddie Chambers in New York.
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Baxter has silenced his detractors
Stuart Baxter's appointment at Kaizer Chiefs was met with disbelief in some quarters, but the club has been vindicated.
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Stuart Baxter's appointment at Kaizer Chiefs was met with disbelief in some quarters, but the club has been vindicated.
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Moyes begins work at United
David Moyes started the post-Alex Ferguson era at Manchester United as he arrived at the club's training ground for the first time.
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David Moyes started the post-Alex Ferguson era at Manchester United as he arrived at the club's training ground for the first time.
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Mosimane wins Q4 award
Pitso Mosimane dedicated his award to his Mamelodi Sundowns players after he was named Premiership Coach of Quarter Four.
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Pitso Mosimane dedicated his award to his Mamelodi Sundowns players after he was named Premiership Coach of Quarter Four.
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McDowell moves up in golf rankings
Graeme McDowell is up to seventh in the world rankings after his victory in the Volvo World Match Play Championship.
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Graeme McDowell is up to seventh in the world rankings after his victory in the Volvo World Match Play Championship.
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Tornado devastates Oklahoma suburb
Thirty-seven people were killed as a powerful tornado wiped out blocks of homes in the Oklahoma suburb of Moore.
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Thirty-seven people were killed as a powerful tornado wiped out blocks of homes in the Oklahoma suburb of Moore.
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Obama plans tour to South Africa
US President Barack Obama will visit South Africa soon - but it’s unclear if he’ll see Nelson Mandela.
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US President Barack Obama will visit South Africa soon - but it’s unclear if he’ll see Nelson Mandela.
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Pope guards potato field
The first-ever statue of Pope Francis has been unveiled in a potato field near Naples.
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The first-ever statue of Pope Francis has been unveiled in a potato field near Naples.
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Nigeria says Islamists on defensive
Nigeria claimed an early success for its military offensive against Islamist insurgents in the northeast.
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Nigeria claimed an early success for its military offensive against Islamist insurgents in the northeast.
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Palestine-Israel peace pressing: Qatar
Qatar's emir said the emergence of 'people power' had put Arabs in direct confrontation with Israel and made a resolution of the Israeli-Palestinian conflict more pressing.
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Qatar's emir said the emergence of 'people power' had put Arabs in direct confrontation with Israel and made a resolution of the Israeli-Palestinian conflict more pressing.
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Man scales St Peter’s in political protest
A man climbed onto a ledge on the dome of St Peter's Basilica and unfurled a banner protesting against a “political horror show.”
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A man climbed onto a ledge on the dome of St Peter's Basilica and unfurled a banner protesting against a “political horror show.”
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Putin foe gets boost from trial witness
Russian media magnate Alexander Lebedev told a court that charges against him over a televised punch-up were invented by state prosecutors.
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Russian media magnate Alexander Lebedev told a court that charges against him over a televised punch-up were invented by state prosecutors.
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R1bn in land claims paid in 2012
Almost R1 billion in financial compensation was paid to land claimants in the last financial year, the department of land reform said.
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Almost R1 billion in financial compensation was paid to land claimants in the last financial year, the department of land reform said.
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Saudi coronavirus death toll at 16
A man died Monday of the SARS-like coronavirus in Saudi Arabia, bringing the death toll for the respiratory infection in the kingdom to 16.
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A man died Monday of the SARS-like coronavirus in Saudi Arabia, bringing the death toll for the respiratory infection in the kingdom to 16.
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Rebels flog two over illegal marriage
Islamist rebels in northern Syria have publicly flogged two men for violating a ban on marriage to recently divorced women.
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Islamist rebels in northern Syria have publicly flogged two men for violating a ban on marriage to recently divorced women.
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CAR military police, rebels clash
At least four people died and several were injured in fighting between military police and Seleka rebels in the Central African Republic at the weekend.
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At least four people died and several were injured in fighting between military police and Seleka rebels in the Central African Republic at the weekend.
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Irregularities scupper KZN by-election
The Independent Electoral Commission has cancelled a northern KwaZulu-Natal by-election amid allegations of irregularities.
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The Independent Electoral Commission has cancelled a northern KwaZulu-Natal by-election amid allegations of irregularities.
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Bus service appeals court ruling
Golden Arrow Bus Services has turned to the Supreme Court of Appeal to challenge a high court decision in favour of the City of Cape Town.
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Golden Arrow Bus Services has turned to the Supreme Court of Appeal to challenge a high court decision in favour of the City of Cape Town.
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ConCourt to mull roadblock arrest
The Constitutional Court will hear argument on the arrest of a motorist who did not stop at a roadblock because he feared the officers were impostors.
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The Constitutional Court will hear argument on the arrest of a motorist who did not stop at a roadblock because he feared the officers were impostors.
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Scott owns up to Marikana plan
Senior police officer Lt-Col Duncan Scott has admitted to drawing up the plan to deal with striking Marikana miners last year.
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Senior police officer Lt-Col Duncan Scott has admitted to drawing up the plan to deal with striking Marikana miners last year.
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Not sexy, but it’s all in a day’s work
Andrew Donaldson examines whether sex work is really just another job, and whether it should be decriminalised.
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Andrew Donaldson examines whether sex work is really just another job, and whether it should be decriminalised.
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Car bombs target Shi'ites in Iraq
More than 60 people were killed in a series of car bomb explosions targeting Shi'ite Muslims across Iraq.
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More than 60 people were killed in a series of car bomb explosions targeting Shi'ite Muslims across Iraq.
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Power system still under strain: Eskom
South Africa's power system remains under pressure as Eskom continues with its planned maintenance programme.
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South Africa's power system remains under pressure as Eskom continues with its planned maintenance programme.
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Sars auditor disgruntled over Mpisane
A Sars tax auditor was unhappy over having to reverse her tax assessment of businesswoman Shauwn Mpisane, the court heard.
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A Sars tax auditor was unhappy over having to reverse her tax assessment of businesswoman Shauwn Mpisane, the court heard.
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Mandela movie poster unveiled
A teaser poster for a film adaptation of Nelson Mandela's autobiography has been unveiled at the Cannes Film Festival.
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A teaser poster for a film adaptation of Nelson Mandela's autobiography has been unveiled at the Cannes Film Festival.
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Police minister welcomes Victoria Phiyega
Police Minister Nathi Mthethwa has welcomed Mangwashi Victoria Phiyega as the new National Commissioner of Police. Die minister van polisie, Nathi Mthethwa, het die aanstelling van Victoria Phiyega as die nuwe kommissaris van polisie verwelkom.
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Police Minister Nathi Mthethwa has welcomed Mangwashi Victoria Phiyega as the new National Commissioner of Police. Die minister van polisie, Nathi Mthethwa, het die aanstelling van Victoria Phiyega as die nuwe kommissaris van polisie verwelkom.
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City Press gives in to Zuma picture request
City Press editor Ferial Haffajee says the publication will remove the picture of the controversial portrait by Brett Murray from its website, which depicts President Jacob Zuma in an offensive manner. Die redakteur van die City Press, Ferial Haffajee, sê die koerant gaan die foto van President Jacob Zuma van sy webtuiste verwyder “om uit die spervuur te bly”.
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City Press editor Ferial Haffajee says the publication will remove the picture of the controversial portrait by Brett Murray from its website, which depicts President Jacob Zuma in an offensive manner. Die redakteur van die City Press, Ferial Haffajee, sê die koerant gaan die foto van President Jacob Zuma van sy webtuiste verwyder “om uit die spervuur te bly”.
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Zuma lawyer in tears
After a heated argument with the defence, the advocate presenting the ANC’s case on why the “offensive” painting of Jacob Zuma in the Goodman Gallery should be removed broke down into tears and the case was postponed. Die advokaat wat die saak stel om die naakportret van Jacob Zuma uit die Goodman Galery te verwyder het vanmiddag in trane uitgebars en die hof het die saak uitgestel.
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After a heated argument with the defence, the advocate presenting the ANC’s case on why the “offensive” painting of Jacob Zuma in the Goodman Gallery should be removed broke down into tears and the case was postponed. Die advokaat wat die saak stel om die naakportret van Jacob Zuma uit die Goodman Galery te verwyder het vanmiddag in trane uitgebars en die hof het die saak uitgestel.
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Full bench hears Zuma painting case
A full bench of the South Gauteng High Court is already in session to hear an African National Congress (ANC) application regarding the portrait depicting President Jacob Zuma in an offensive manner. ‘n Vol bank van die Hooggeregshof in Gauteng hoor die saak aangaande die “naakportret” van President Jacob Zuma en honderde ANC ondersteuners wag buite die hof.
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A full bench of the South Gauteng High Court is already in session to hear an African National Congress (ANC) application regarding the portrait depicting President Jacob Zuma in an offensive manner. ‘n Vol bank van die Hooggeregshof in Gauteng hoor die saak aangaande die “naakportret” van President Jacob Zuma en honderde ANC ondersteuners wag buite die hof.
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