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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.
New York - US stocks tumbled at the opening on Wednesday as a spike in Italian bond yields prompted fears the region’s debt crisis was spiraling.
The Dow Jones industrial average was down 252.40 points, or 2.07%, at 11 917.78. The Standard & Poor’s 500 Index was down 28.67 points, or 2.25%, at 1 247.25. The Nasdaq Composite Index was down 65.43 points, or 2.40% at 2 662.06.
The CBOE Volatility Index VIX, Wall Street’s so-called fear gauge, jumped 13.9% to 31.30.