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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 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 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.
Johannesburg - South African property fund Diversified (DIV) has bought 7.843 million linked units in Pangbourne Properties (PAP) for R126.4m.
Diversified said on Thursday that the acquisition was entered into for investment purposes and would have no material effect on its earnings.
Pangboourne is a listed loan stock company with a market capitalisation of R4.6bn.
At 9:33 on the JSE, shares in Pangbourne and Diversified were flat at R10.50 and R17.10 respectively.
- I-Net Bridge