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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 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.
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.
London - Barclays said its key investment bank arm ended
last year with its worst quarter for three years as the eurozone debt crisis
hit bond trading activity, dragging the British bank's annual profit down on
the year before.
Barclays, Britain's fourth-biggest bank by market value, on
Friday reported a pretax profit of £5.9bn for 2011, down 3% on the year and
below analysts' forecast of £6.1bn, according to a company poll.
Income at investment bank arm Barclays Capital fell to
£1.8bn in the fourth quarter, down 19% on the previous three months.