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Southern Cape Business News

FirstRand: Gupta accounts closed over money-laundering fears
FirstRand: Gupta accounts closed over money-laundering fears
2016-12-06 10:07:57 AM
BUSINESS NEWS - South African lender FirstRand said on Monday suspicions of money-laundering lay behind its decision to cut ties with a business family linked to allegations of influence-peddling in...
Experts describe S&P rating on SA as a surprise
Experts describe S&P rating on SA as a surprise
2016-12-05 09:03:12 AM
BUSINESS NEWS - Some experts have described Standard & Poor’s Global’s decision not to downgrade South Africa’s sovereign credit rating as a surprise.The credit ratings agency...
Another day or ratings jitters for SA
Another day or ratings jitters for SA
2016-12-02 08:26:56 AM
NATIONAL NEWS - Standard & Poor’s Global will reveal on Friday whether it is downgrading the country - the third and final assessment by a major ratings agency.Moody’s and Fitch have...
SpeedHeat floor heating: Global leader in domestic & commercial heating
SpeedHeat floor heating: Global leader in domestic & commercial heating
2016-12-01 11:46:57 AM
SOUTHERN CAPE BUSINESS NEWS - Industry leaders for 28 years, SpeedHeat floor heating have successfully completed many local and international projects. A durable, high quality floor heating system...
New acting CEO warned to keep Eskom on right path
New acting CEO warned to keep Eskom on right path
2016-12-01 09:27:22 AM
BUSINESS NEWS - Eskom’s new acting CEO Matshela Koko has been warned by Public Enterprise Minister Lynne Brown that he must ensure the current trajectory at the state utility continues under...
Gordhan: SA can avoid another ratings downgrade
Gordhan: SA can avoid another ratings downgrade
2016-11-30 11:29:06 AM
NATIONAL NEWS - Finance Minister Pravin Gordhan says the country has been able to avert a ratings downgrade despite what he’s described as “political noise” and the country will be...
MTN Group plans expansion in Iran
MTN Group plans expansion in Iran
2016-11-29 08:44:00 AM
BUSINESS NEWS - MTN Group, Africa’s biggest mobile phone company, is planning to expand in Iran, from where it has only just managed to begin repatriating profits.The move is part of MTN’s...
Go solar!
Go solar!
2016-11-28 04:05:00 PM
SOUTHERN CAPE BUSINESS NEWS - A solar geyser is not a solar geyser if you can't switch off your power on the system completely. SolaHart prides itself on being the world leader in quality solar...
Rand strengthens after ratings agency announcement
Rand strengthens after ratings agency announcement
2016-11-28 01:35:42 PM
BUSINESS NEWS - The rand has strengthened to an almost three week high against the dollar, after the country avoided being downgraded by rating agencies Fitch and Moody’s on Friday.The currency...
Some experts warn of possible downgrade by S&P
Some experts warn of possible downgrade by S&P
2016-11-28 09:34:14 AM
BUSINESS NEWS - Some experts have warned South Africa may not be as lucky to avoid a downgrade by Standard & Poor’s Global this week.The country has been trying to avert a sovereign rating...

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