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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Cape Town - Consumers appear to be spending beyond their means over the festive season, and will feel the pain in January, debt counsellor Debtbusters said on Tuesday.
It said it had seen a decrease in applications for debt
counselling in recent weeks, but a spate of enquiries submitted to the company website.
Debtbusters MD Luke Hirst said this meant people were very
concerned about their finances, but they refused to forego their
Christmas spending.
"I have no doubt we will see a large portion of these people
coming back to us in January in even more trouble," he said in a
statement.
Christmas was "no time to abandon your budget".
"Thinking that one last spree for the year is OK is a huge
mistake," he said.
"Incurring debt to indulge in festivities and Christmas presents can only lead to getting onto an unfortunate debt spiral."
- Sapa