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Feb 10 2012 18:19
The rand tumbled against the dollar in late afternoon trade as the local currency tracked a jittery euro.
Feb 10 2012 17:28
President Jacob Zuma will make an announcement "of national importance" on Saturday, says a central bank statement.
Feb 10 2012 16:39
Stock markets fell after Greece's crucial international bailout was put on hold by its partners in the 17-nation eurozone.
Johannesburg - Silicon Cape, a technology incubation and venture capital initiative, was launched in Cape Town on Thursday.
The project is the brainchild of Justin Stanford, head of venture capital firm 4Di Capital, and technology entrepreneur Vinny Lingham, who have also received buy-in from various business heavyweights.
According to Stanford and Lingham, Silicon Cape is an important initiative for the sector as it brings increased structure to the venture capital market and will allow for closer collaboration between investors and innovators.
On Thursday morning, the event's "#SiliconCape" ranked among the most popular trend phrases on microblogging service Twitter, making it one of the most widely used in the world at the moment.
- Fin24.com