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Property

Thousands flock to giant new mall

May 22 2015 17:15

Eager shoppers are flocking through the doors of South Africa’s newest regional mall, the R1.7bn Baywest Mall in Port Elizabeth.

Travel & Leisure

Skywise increases fleet

May 22 2015 16:07

Skywise Airlines has increased its fleet, which has enabled it to have four supplementary flights..

Industrial

Italian utility to claw into Africa energy market

May 22 2015 16:38

Italian utility Enel plans huge investments in renewable energy and grids in Africa, where it expects to find the kind of growth it has enjoyed in Latin America.

Financial Services

Global banks await huge currency rigging fines

May 22 2015 14:30

US regulators have fined Swiss bank UBS $342m for manipulation of foreign exchange markets, as other global lenders prepared for even larger penalties.

Travel & Leisure

Tsogo Sun may list property unit separately

May 22 2015 15:00

Gaming and hotel group Tsogo Sun is considering listing its property portfolio worth R30bn separately as a Real Estate Investment Trust.

Retail

Rupert positive despite Richemont challenges

May 22 2015 11:39

Luxury goods group Richemont' s results show resilience despite some challenges and a volatile consumer environment, says its chair Johann Rupert.

Financial Services

Banks said to go to legal big five in forex probe

May 22 2015 09:52

Banks under investigation over alleged currency manipulation have hired the largest law firms in the country to advise them on the probe.

Agribusiness

Tea industry urged to share benefits with Khoi, San

May 22 2015 06:45

The Department of Environmental Affairs has urged the rooibos and honeybush tea industries to negotiate benefit sharing deals with the Khoi and San communities.

Financial Services

Bank probe sees Nene concerned at systemic risk

May 21 2015 21:09

Government officials will meet the SA Reserve Bank to discuss a foreign-currency trading investigation, as the finance minister says he is concerned the probe may expose risks to the banking system.

Financial Services

Banker accountability rules not a witch hunt - BoE

May 22 2015 07:44

New rules to make senior managers and board members of banks and insurers directly accountable for their actions are about increasing clarity, not witch hunts.

Inside Fin24.com

 
Mining

De Beers puts Kimberley diamond mines up for sale

May 21 2015 19:00

Diamond miner De Beers Group says it will be putting its Kimberley Mines up for sale as the operation no longer fits the company's strategic plan.

Retail

Krispy Kreme enters SA market

May 21 2015 18:02

Global retailer Krispy Kreme has signed a development agreement with a local company to open shops in South Africa.

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