Blog Profile / Business Report


URL :http://www.iol.co.za/business
Filed Under:Business & Finance
Posts on Regator:28794
Posts / Week:87.8
Archived Since:June 8, 2011

Blog Post Archive

SA and Thailand to tighten trade ties

CAPE TOWN - Thailand delegation will land in South Africa this month, for a series of meetings with business partners in Johannesburg and Cape Town. Between the two countries, there has been a steady growth in bilateral trade volumes in the recent years. Show More Summary

Tuition-free University to launch in Joburg tomorrow

CAPE TOWN - The President of University of the People (UoPeople), the world's first non-profit, tuition-free, accredited American online university will be officially launching the opening academic year in Johannesburg on 7 September...Show More Summary

Rwanda's GDP to grow at between 4.2 and 6.2%

KIGALI - Rwanda's economy is expected to grow at between 4.2 and 6.2% in 2017 but it may struggle to achieve the upper limit due to slowing public spending and the impact of drought on agricultural output, the World Bank said on Wednesday. GDP...Show More Summary

New Balance comes out tops in trademark tussle

American multinational New Balance has recently been awarded the highest amount in damages to a foreign entity in trademark infringement proceedings in China in a cautionary tale for South African exporters for which Asia is their fastest...Show More Summary

WATCH: Bell Pottinger co-founder denies 'spearheading' Gupta account

Johannesburg - Former chairperson of PR firm Bell Pottinger, Lord Tim Bell, denied he had anything to do with the Gupta campaign in a recent interview. Lord Bell revealed this during an interview with BBC's Newsnight, during which he...Show More Summary

India freezes bank accounts of suspected shell companies

NEW DELHI - India has frozen the bank accounts of 209,032 suspected shell companies as part of a crackdown on illegal transactions and tax evasion, the finance ministry said on Tuesday. The latest action against shell companies - which...Show More Summary

China holds the key to unlocking Brics potential - Dr Iqbal Surve

CHINA - Xinhua Net reports that the Chairman of South Africa Brics Business Council, Iqbal Surve said that China is a fundamentally important anchor of Brics and is crucial to its future development. This comes after the 9th Brics Summit...Show More Summary

Nigeria's economy is in recovery mode

JOHANNESBURG - NIGERIA'S economy expanded in the second quarter, ending its worst slump in 25 years as agricultural and oil output increased. Gross domestic product of Africa’s largest crude producer grew 0.55percent in the three months...Show More Summary

Evicted Zim farmers want compensation

JOHANNESBURG - The Zimbabwe Commercial Farmers Union (CFU) has said that some of the thousands of white Zimbabwean farmers evicted from their land in the early 2000s by President Robert Mugabe’s supporters hope to be compensated and return to the country one day. “I know friends who have gone to Zambia, Britain, South Africa and Australia. Show More Summary

World’s 5 major rising economies support Iran deal

CAPE TOWN- The world’s five major rising economies had on Tuesday expressed support for the 2015 nuclear agreement between Iran and the P5+1 group of countries, urging all parties to live up to their commitments under the deal. According...Show More Summary

WATCH : Business Report TV - Market Update

The latest Forex news is on hand to help you. Get the Rand to Dollar rate, Rand to Euro rate and the Rand to Pound rate now! We also have up to date commodity statistics. World market news is at your fingertips and the most recent financial news is here too. - BUSINESS REPORT ONLINE

SA the centre of attraction

South Africa was the centre of attraction and the envy of about 30 countries at the Mozambique International Trade Fair, commonly known as Facim, on Saturday when it scooped two awards at a ceremony hosted by Prime Minister Carlos Agostinho...Show More Summary

Digital currencies set to lose their lustre

INTERNATIONAL - Mark Mobius is sensing danger in the explosive growth of crypto-currencies. Governments will begin clamping down on digital currencies because of their use in illicit financing, with terrorist groups to drug dealers contributing...Show More Summary

VW to recall 1.82m vehicles

INTERNATIONAL - German carmaker Volkswagen and its China joint ventures FAW-Volkswagen and SAIC Volkswagen will recall a total of 1.82 million vehicles in China over fuel pumps that could lead to stalling of the engines, according to...Show More Summary

#BellPottinger expelled from PRCA

Johannesburg - Prominent UK-based PR firm, Bell Pottinger, was expelled from the Public Relations and Communications Association (PRCA) for work it did for Oakbay and the controversial Gupta family. "Bell Pottinger’s membership has been terminated with immediate effect. Show More Summary

McDonald's workers stage company's first strike in UK

LONDON - Workers at two McDonald’s restaurants staged the first strike to hit the company in Britain in a protest over pay and other issues on Monday. Fourteen workers at restaurants in Cambridge and Crayford, in London, went on strike...Show More Summary

Deloitte allying with WorleyParsons for Africa capital projects

JOHANNESBURG - Deloitte and WorleyParsons have entered into a partnership intended to improve client experience and fast-track delivery of capital projects in Africa. It is anticipated that the alliance will enable the two companiesShow More Summary

Bailout of Russian bank may be historic

MOSCOW - Russia's Otkritie bank has a hole in its balance sheet that could be as large as $6.9billion (R8921bn), a central bank deputy governor said, a shortfall that would make the bailout now under way the biggest in Russia’s history. Show More Summary

Foreign banks profiteer in cash strapped Zimbabwe

HARARE - Forget about the financial and liquidity woes afflicting Zimbabwe’s economy as banks in the country are raking in the profits, with Standard Chartered’s unit and Bob Diamond’s BankABC raising after tax earnings. Challenges,Show More Summary

The big spenders in the European football transfer window

JOHANNESBURG - According to Thomson Reuters, the English Premier League (EPL) spent the most the most amount of money during the summer transfer window. During the window the EPL spent £1.43bn making them the second highest spending industry in the United Kingdom. Show More Summary

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