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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.
Vienna - Opec decided to cut its oil output by 1.5 million barrels per day from November 1 at an emergency meeting in Austria on Friday, Saudi Oil Minister Ali al-Nuaimi told reporters, as the cartel seeks to support plunging crude prices despite a looming worldwide recession.
Analysts had expected the Organisation of Petroleum Exporting Countries to cut its daily output by at least one million barrels per day as a global economic slowdown amid a worsening financial crisis slashes demand for energy.
- AFP