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Feb 12 2012 15:59
Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.
Feb 12 2012 15:58
Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.
Feb 12 2012 14:54
American billionaire George Soros has slammed German Chancellor Angela Merkel, warning that her policies could lead to a repeat of the Great Depression.
Johannesburg - South Africa's net gold and foreign exchange reserves stood at $39.178bn at the end of August from $38.665bn in July, official data showed on Tuesday.
Gross reserves dipped to $43.133bn in August from $43.159bn, the central bank said in a statement posted on its website.
Foreign currency reserves went down $259m to $35.464bn while gold reserves increased by $255m to $4.97bn.