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May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the 2010 Soccer World Cup, compared to an income of R35m, a report says.
Johannesburg - President Jacob Zuma on Saturday raised his
concerns with International Monetary Fund chief Christine Lagarde that the Euro
debt crisis had far reaching effects, said presidential spokesperson Mac
Maharaj.
"President Zuma raised a concern that Europe had taken
long to solve its problems and how the impact of this was felt by developing
countries like South Africa," said Maharaj.
The meeting with Lagarde, the Fund's managing director, had
taken place on the sidelines of the African National Congress's (ANC)
centenerary anniversary celebrations in the Free State.
Maharaj said Lagarde had commended the measures that South
Africa had put in place to address youth unemployment as well as to address the
environment conducive to increase investments.
The meeting had also focused on global economic developments
in the coming year.