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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 - A revival in commodities prices pushed up US markets Monday as they shrugged off new turmoil in the eurozone after S&P's downgrade of Greece.
The Dow Jones Industrial Average was up 46.01 points (0.36%) to 12 684.75 in closing trade.
The broader S&P 500 gained 6.09 points (0.45%) at 1 346.29, while the tech-heavy Nasdaq Composite rose 15.69 points (0.55%) to 2 843.25.
The markets got a boost from a six percent rise in crude oil prices and a 1.5% rise in gold, after both plunged last week together with a host of other commodities popular with speculators.
Oil and gas companies and miners were mostly higher, and commodity funds, especially for silver, were some of the heaviest traded shares.