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Bad pricing costs maize farmers 'millions'

Jul 29 2014 11:14

Maize farmers in South Africa are losing millions of rands by not carefully making use of pricing opportunities available to the sector, says FNB.

Financial Services

UBS pays €300m to end tax row

Jul 29 2014 11:15

Switzerland's biggest bank UBS has settled a major tax evasion case in Germany and has agreed to pay a huge penalty.

Travel & Leisure

New tourism body for Paarl, Wellington

Jul 29 2014 10:45

The new Drakenstein Local Tourism Association has opened its doors, combining Paarl and Wellington Tourism with the entire Drakenstein region.


BP quarterly profit tops expectations

Jul 29 2014 10:32

BP has posted a better-than-expected 34% rise in quarterly profit after raising output of higher-margin products and hiking liquids and gas prices.

Financial Services

Investor sues over Barclays 'dark pool'

Jul 29 2014 10:24

A US investor is suing Barclays and current and former bosses over losses suffered after New York's attorney general accused the bank of lying to customers.

Travel & Leisure

Kenya 'must be joking' about tourism figures

Jul 28 2014 22:00

A Kenya hotel chain has disputed official tourist figures, saying violent attacks by militant Islamists have scared away more tourists than authorities admit.

Travel & Leisure

Business travel spend to reach record

Jul 28 2014 21:00

Global business travel spending will reach a record $1.18trn this year, up nearly 7% from 2013, bolstered by growth in China, a US trade group says.


Africa Oil, Tullow could seek Kenya oil partner

Jul 28 2014 20:00

Canadian explorer Africa Oil and its partner Tullow Oil are likely to bring in a third partner to help develop their oil discoveries in northern Kenya.

Financial Services

Lloyds Bank fined $370m for Libor rigging

Jul 28 2014 17:12

Britain's Lloyds Banking Group has agreed to pay $370m to US and British authorities investigating its part in a global interest rate rigging scandal.

Financial Services

Commerzbank plans more cost-cutting

Jul 28 2014 16:33

Commerzbank, Germany's second-largest bank, is planning further cost-cutting measures that could lead it to axe several hundred jobs.



JC Le Roux an icon for SA consumers

Jul 28 2014 15:38

South Africa’s sparkling wine JC Le Roux has been declared an icon among SA consumers, shows a brand survey.


BAT's Zim unit declares 100% dividend

Jul 28 2014 15:18

BAT Zimbabwe, the Zimbabwe unit of British American Tobacco, has put a smile on its shareholders' faces after it declared a 100% dividend payout

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