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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 Soccer World Cup compared to an income of R35m, a report says.
Frankfurt - The euro has fallen below nine-month lows against the dollar after the US Federal Reserve started unwinding some of its cheap liquidity measures for banks and as concerns about Greece's budget linger.
The 16-nation euro bought $1.3493 in in European morning trade Friday, down from the $1.3617 late on Thursday in New York. That breaks a nine-month low of $1.3533 from February 12. The euro has tumbled since it traded at just over $1.51 in November.
The British pound is also lower, at $1.5390 from $1.5627, while the dollar is up to ¥91.94 from ¥91.34 late on Thursday in New York.
- AP