Related Articles
Top Stories
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 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
New Orleans - An official says BP CEO Tony Hayward will step down in October and take a job with TNK-BP, the company's joint venture in Russia.
Hayward became the face of BP's flailing efforts to contain the Gulf of Mexico oil spill and cover millions in damages.
A person familiar with the matter spoke to the Associated Press on Monday on condition of anonymity because an announcement has not yet been made.
Hayward's likely successor at BP is managing director Bob Dudley, an American who has been overseeing the spill response since June.
- AP