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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.
Johannesburg - A firm South African rand is set to
trade in a narrow range on Thursday amid the US Thanksgiving holiday, with very little data expected to provide meaningful direction.
At 09:00 the rand was bid at R7.3811 to the dollar from R7.3200 at its previous close. It was bid at R11.1073 to the euro from its previous close of R11.0766 and was at R12.2900 against sterling from R12.2275.
The euro was bid at $1.5070 from $1.5135 overnight.
A local trader said: "Trade is very thin from Europe, with little action expected later in the day amid the US holiday. Expect a range of R7.32-40 against the dollar."
- I-Net Bridge