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Southern Cape Business News

"2016 was bad, but there's hope for GDP growth"
2017-03-08 08:19:41 AM
BUSINESS NEWS - While some economists say the poor 2016 Gross Domestic Product (GDP) figures are the result of government’s failure to implement the very basics to grow the economy, slight...
SA asset management industry ‘slow to transform’
SA asset management industry ‘slow to transform’
2017-03-07 08:23:42 AM
BUSINESS NEWS - The South African asset management industry hasn’t experienced the kind of transformation one would have wanted more than 20 years after democracy, an asset consultant says.Rob...
#eComConfex: Become digitally intelligent, or go home
#eComConfex: Become digitally intelligent, or go home
2017-03-06 10:21:30 AM
BUSINESS NEWS - If your business does not have digital intelligence at its core by 2020 you may as well go home. This is according to James McCormick, principal analyst: Customer Insights at...
Nokia 3310 vs New Nokia 3310
Nokia 3310 vs New Nokia 3310
2017-03-06 10:18:00 AM
BUSINESS NEWS - Mobile World Congress, one of the most innovative technological conferences in the world took place on 26 February in Barcelona. It is here that Nokia held a press conference to...
Rand retreats, MTN leads stocks higher
Rand retreats, MTN leads stocks higher
2017-03-03 09:09:00 AM
BUSINESS NEWS - The rand weakened on Thursday as the increasing likelihood of a US interest rate rise this month and lower commodity prices weighed on emerging currencies.Stocks rose in Johannesburg,...
‘SA’s ratings outlook has improved’
‘SA’s ratings outlook has improved’
2017-03-02 09:48:29 AM
NATIONAL NEWS - The risk that South Africa will lose its investment grade credit rating has reduced slightly, after finance minister Pravin Gordhan (pictured) stuck to the fiscal promises made in...
Rand slips, stocks dragged lower by Bidvest
Rand slips, stocks dragged lower by Bidvest
2017-03-01 10:18:03 AM
BUSINESS NEWS - The rand weakened on Tuesday with emerging assets struggling for clear direction as risk demand eased ahead of a speech before Congress by US President Donald Trump.On the stock...
Rand firms as Trump worries shadow local tensions
Rand firms as Trump worries shadow local tensions
2017-02-28 09:55:08 AM
BUSINESS NEWS - The rand firmed on Monday, shaking off a sluggish start to rise along other emerging currencies as investors closed dollar positions ahead of a speech by US President Donald Trump...
Drought sees increased demand for alternative water
Drought sees increased demand for alternative water
2017-02-27 10:12:08 AM
BUSINESS NEWS - A Cape Town wellpoints and borehole company says the demand for its services has skyrocketed.With dam levels dropping and the city tightening water restrictions, many Capetonians are...
Gordhan explains why he did not increase the VAT rate
Gordhan explains why he did not increase the VAT rate
2017-02-24 09:43:02 AM
BUSINESS NEWS - Finance Minister Pravin Gordhan says the South African tax system has to be redistributive if the country is to usher in radical socio-economic transformation.The Minister said this...

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Voting Poll
Every now and then someone in Mossel Bay claims to have seen "strange lights" in the sky. Do you think these might be the lights of UFOs or other extra-terrestrial craft?
Yes: Possibly. The universe is huge. They could be flying craft from some star in an unknown galaxy.
Mossel Bay Advertiser 20%
No: There must be a logical, earthly explanation for the lights. Perhaps they are emergency flares or the lights from some sort of night flying exercise. Reflection or particles in the atmosphere might make the lights appear larger.
Mossel Bay Advertiser 80%
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