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Southern Cape Business News

Budget 2017: Gordhan expected to stay on cost saving path
Budget 2017: Gordhan expected to stay on cost saving path
2017-02-22 09:25:19 AM
BUSINESS NEWS - Finance Minister Pravin Gordhan is expected to focus on ensuring government is getting bang for its buck when he delivers the budget speech on Wednesday afternoon.Some experts are...
ZARX receives 'overwhelmingly positive' feedback
ZARX receives 'overwhelmingly positive' feedback
2017-02-21 09:19:02 AM
BUSINESS NEWS - Newly launched stock exchange ZARX concluded its first trade in just 10 seconds.ZARX was launched on Monday, providing the first competition for Africa’s oldest stock exchange,...
Will SA traders implicated face prosecution?
Will SA traders implicated face prosecution?
2017-02-20 09:17:30 AM
BUSINESS NEWS - Clarity is now needed on whether South African traders implicated in currency manipulation will face prosecution.The Competition Commission revealed last week local and international...
Banks accused of price fixing likely settle matter out of court
Banks accused of price fixing likely settle matter out of court
2017-02-17 09:23:56 AM
BUSINESS NEWS - Two of the three local banks implicated in allegations of price fixing say they will now wait on the Competition Tribunal to approach them and further explain the nature of its...
Self-catering luxury now offered at local hotel
Self-catering luxury now offered at local hotel
2017-02-17 07:27:00 AM
MOSSEL BAY BUSINESS NEWS - Marriott Mossel Bay has added a new five-star apartment to the Protea Hotel in town.  According to General Manager Ronel Theron, the refurbished self-catering...
'People buying rand would have been affected by bank collusion'
'People buying rand would have been affected by bank collusion'
2017-02-16 09:36:50 AM
BUSINESS NEWS - The Competition Commission says people buying the rand would have been affected by the actions of 17 banks that have now been referred to the Competition Tribunal for manipulating its...
The Nokia 3310 is back!
The Nokia 3310 is back!
2017-02-15 10:29:48 AM
BUSINESS NEWS - The most resilient and reliable phone ever made is making a comeback.Seventeen years after it was originally launched, the Nokia 3310 will reportedly re-launch at Mobile World Congress...
Eskom: Independent Power Procurement Progamme will go ahead
Eskom: Independent Power Procurement Progamme will go ahead
2017-02-14 09:20:00 AM
BUSINESS NEWS - Eskom says “Treasury has spoken” and the Independent Power Procurement Progamme will go ahead.In his State of the Nation Address last week, President Jacob Zuma said...
Samsung chief appears for second round of questions in graft probe
Samsung chief appears for second round of questions in graft probe
2017-02-13 10:05:07 AM
BUSINESS NEWS - Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor’s office for questioning on Monday as part of a wider investigation into an influence-peddling...
SA may face stiff competition from other African countries
SA may face stiff competition from other African countries
2017-02-10 08:50:00 AM
BUSINESS NEWS - South Africa may face stiff competition from other African countries who are vying to become preferred mining destinations for investors.This emerged at the Mining Indaba which wrapped...

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Voting Poll
Two young women raised funds to facilitate the purchase of feed for the farmers hardest hit by the devastating fires that raged in the Ruiterbos and Brandwag areas recently. The fires destroyed thousands of hectares of farmland. Generally, are the youth selfless enough to take an active role in community affairs?
YES: Given the pressure young people experience nowadays, they do contribute adequately when and where necessary.
Mossel Bay Advertiser 15%
NO: Young people on average are more selfish nowadays and are more interested in social media than their community.
Mossel Bay Advertiser 85%
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