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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.
Dubai - The United Arab Emirates stock markets of Dubai and Abu Dhabi plunged on Tuesday by 6.25% and 5.91% respectively at the opening, continuing a freefall trend triggered by Dubai's debt woes.
The DFM index in Dubai dropped 121.33 points to 1 819.33, while the Abu Dhabi Securities Exchange index fell 157.68 points to 2 510.55.
Since the two markets reopened on Monday following a four-day holiday for the Muslim festival of Eid al-Adha, Dubai's market has shed about 13% of its value while Abu Dhabi has lost around 14%.
- AFP