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Southern Cape Business News

SA’s greatest business tycoons
SA’s greatest business tycoons
2017-03-22 09:30:00 AM
BUSINESS NEWS - As part its ‘South Africa 2017 Wealth Report’, New World Wealth rated the 10 greatest entrepreneurs in SA historyAccording to the organisation, the criteria included:Impact...
VW emissions scandal could spread to SA
VW emissions scandal could spread to SA
2017-03-21 09:03:00 AM
BUSINESS NEWS - A class action lawsuit in the UK over the VW emissions scandal could spark similar cases in other countries, including South Africa.More than 35,000 people in Britain are being...
Is philanthropy part of your wealth plan?
Is philanthropy part of your wealth plan?
2017-03-20 09:49:42 AM
BUSINESS NEWS - According to the latest Nedbank Private Wealth Giving Report, 88% of high net worth individuals in South Africa gave time, money or goods to charitable causes during 2015.  This...
Besigheidskamer wikkel
Besigheidskamer wikkel
2017-03-17 09:12:00 AM
MOSSELBAAI SAKENUUS - Die Mosselbaai-besigheidskamer het in 2016 'n nuwe era betree toe hulle in September die uiters geslaagde besigheidsgeleenthede konferensie aangebied het.  Die konferensie...
Sasfin to restructure business
Sasfin to restructure business
2017-03-17 08:35:28 AM
BUSINESS NEWS - Sasfin Holdings aims to separate its diversified business into three distinct businesses – Banking, Wealth and Capital – by mid-year, after a tough interim period. The...
Sell Standard Bank, says stockbroking subsidiary
Sell Standard Bank, says stockbroking subsidiary
2017-03-16 08:31:43 AM
BUSINESS NEWS - SBG Securities, the stockbroking subsidiary of the Standard Bank Group, has issued a sell recommendation on its parent company.In an equities research note sent to its professional and...
Eskom to meet unions over phasing out of coal power stations
Eskom to meet unions over phasing out of coal power stations
2017-03-15 09:41:48 AM
BUSINESS NEWS - Eskom is planning to meet with trade unions this week to discuss the planned phasing out of five coal power stations in Mpumalanga.Unions are up in arms claiming that they were not...
Large outflows from SA equity funds in 2016
Large outflows from SA equity funds in 2016
2017-03-14 10:45:25 AM
BUSINESS NEWS - Over the course of 2016, there was a net outflow of R3.25 billion from retail South African general equity funds. That shows that, generally, the appetite for pure equity funds was...
Crowdfunding's growing impetus in Africa
Crowdfunding's growing impetus in Africa
2017-03-13 09:30:20 AM
BUSINESS NEWS - Peer-to-peer business lending is the third-largest finance model in Africa, totalling $16m in volume in 2014 and 2015, and it's growing in popularity.    The Africa and...
Rand slumps to 3-week low
Rand slumps to 3-week low
2017-03-10 09:40:35 AM
NATIONAL NEWS - The rand slumped to its weakest in three weeks on Thursday as employment data from the United States showed a sharp drop in job losses, bolstering bets of a rate hike by the Federal...

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Oscar winners Morgan Freeman (Million Dollar Baby), Michael Caine (The...
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