Friday, 01 February 2008

Zuma charms the JSE

Michael HamlynThu, 31 Jan 2008

Continuing his charm offensive to reassure businessmen and the investment community that his ascent to the leadership of the ruling party signifies no threat to the economy — rather the reverse — Jacob Zuma on Thursday faced the bulls, bears and stags of the Johannesburg Securities Exchange.

Full story:
http://business.iafrica.com/news/848220.htm

Government looking for 40 000 applicants

January 31 2008 at 03:15PM

A vacancy rate of 10,4 percent or 40 594 posts in all 29 government departments was a disaster in waiting, the Democratic Alliance said in Cape Town on Thursday."We don't want a similar situation like we had with Eskom," said party spokesperson on labour, Anchen Dreyer.

http://www.iol.co.za/index.php?set_id=1&click_id=594&art_id=nw20080131125411205C630671

Thursday, 31 January 2008

Sasol resumes fuel production

Wed, 30 Jan 2008

Sasol resumed production of normal transportation fuel on Monday night after production was reduced last Friday.

http://business.iafrica.com/news/444835.htm

Wednesday, 30 January 2008

Ford SA to boost exports

January 30, 2008
Johannesburg - Ford Motor Company of Southern African (Ford SA) plans to invest more than R1.5 billion to expand operations for its next generation compact pickup truck and Puma diesel engine, it said on Wednesday.

The investment will commence in 2009 and be split between its assembly plant in Silverton, Pretoria and engine facility in Struandale, Port Elizabeth. Production of the new diesel engine is scheduled to begin in 2010, followed by production of the new pickup in 2011.

Full story:
http://www.busrep.co.za/index.php?fSectionId=&fArticleId=4230838

Eskom looks to state for power station funding

Government said to be considering request - Bank economist supports the principle January 30, 2008By Ethel Hazelhurst and Donwald PresslyJohannesburg and Cape Town - Eskom has approached the government for help in financing its R1.3 trillion power station building programme.
Although the government's policy is for public enterprises to be self-funding, the request was being considered, ministerial sources said yesterday.

Full story:
http://www.busrep.co.za/index.php?from=rss_&fArticleId=4229499

Beaten SABC hands findings to legal team

Mninawa Ntloko

Deputy Sports Editor

THE bitter tussle over the sale of domestic premiership broadcasting rights appears to be far from over after the SABC indicated yesterday that it would consult its legal team after losing the arbitration dispute with the Premier Soccer League (PSL).
Full story:
http://www.businessday.co.za/articles/dailymailer.aspx?ID=BD4A693828

JSE hurt by power crisis, global worries

THE shortage of power in SA and woes over a global economic slowdown crippled the JSE yesterday, driving it to finish 3,05% lower.

http://www.businessday.co.za/articles/dailymailer.aspx?ID=BD4A693699