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May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Nusa Dua, Indonesia - India's Tata Power, the country's largest private-sector utility, is looking for coal resources in Indonesia and South Africa, a senior official said on Tuesday.
Speaking at the Coaltrans conference in Bali, J.K Niyogi, head of project, said Tata Power forecasts coal imports to surge to 22 million tonnes per year by 2014, from 5 million tonnes per annum in 2009
Tata said in March its trading unit is looking to help arrange coal supplies from Australia, Indonesia and Africa for small power producers amid a growing shortage of the resource in India.
- Reuters