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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 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.
London - European stock markets suffered huge losses Friday, with prices in London shedding almost 9%, on fears that global financial turmoil had yet to run its course.
The London FTSE 100 index of leading shares fell 8.85% to close at 3 932.06, its sharpest daily plunge since the 1987 stock market crash.
In Paris the CAC 40 lost 7.73% to finish at 3 176.49 while the Frankfurt Dax shed 7.01% to end the week at 4 544.31.
Elsewhere there were declines of 7.14% in Milan, 8.48% in Amsterdam and 9.14% in Madrid.
- AFP