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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.
Paris - Harsh global conditions will drag France's economy down next year, the OECD said on Tuesday, forecasting a 0.4% contraction in 2009 that is likely to see the country plunge into recession.
"Growth is likely to fall below one percent in 2008 as a whole amid sharply deteriorating global economic conditions in the latter part of the year, due primarily to the financial crisis," the Organisation for Economic Cooperation and Development said.
"The impact of this turbulence will reverberate well into 2009, with negative growth expected until the middle of the year," it added, in its Economic Outlook report.
- AFP