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/ 17 November 2010
Australia’s competition watchdog has stopped South African grocer Pick n Pay’s sale of Franklins supermarket chain, to prevent creating a monopoly.
Barloworld pointed to a second-half rebound after a sharp fall in first-half earnings, saying it expects to benefit from a recovery in the economy.
SA President Jacob Zuma called for calm on Sunday after the murder of far-right leader Eugene Terre’Blanche fanned fears of growing racial tension.
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/ 9 November 2009
Vodacom reported a drop in first-half profits and gave a cautious outlook as consumers struggle in the country’s first recession in two decades.
Construction workers are expected to strike on Wednesday, halting work across the country, including at stadiums for the 2010 World Cup.
South Africa’s Imperial Holdings expects its car dealership unit to turn around within a year.
South Africa’s Imperial Holdings is in talks about selling its 49,9% stake in Imperial Bank to Nedbank Group, it said on Friday.
Cosatu said on Friday it would still push for economic policy changes after the ANC warned labour against pressuring Jacob Zuma to meet their demands.
Cosatu on Thursday warned of a public-sector strike unless the government fulfilled promises it made in a 2007 wage deal.
South African stocks extended gains at midday on Monday, climbing to more than 3%