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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 - The South African rand remained on the
front foot in early trade on Wednesday, its strength underpinned by what dealers referred to as positive sentiment and a stronger euro, which the local currency frequency tracks as the currency of the country's main trading partner.
One of the factors buoying the rand was the successful issue of a $2bn sovereign bond by the South African government on Tuesday.
At 08:30 the rand was bid at R7.5701 to the dollar from R7.5953 at its previous close. It was bid at R10.3283 to the euro from its previous close of R10.3383 and was at R11.3523 against the sterling from R11.3948.
The euro was bid at $1.3633 from $1.3619 previously.
- I-Net Bridge