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MAIL & GUARDIAN: Business

Zimbabwe set to tighten forex controls, say bankers

Zimbabwe's government is expected to tighten foreign exchange controls in the next two weeks as the country battles with a growing shortage of hard currency, private banking officials said on Tuesday

Aids does not spell doomsday for SA

South Africa's economy will be affected by the impact of HIV-Aids, but it would be wrong to forecast a doomsday scenario.

Iraqi Kurds want to double share of oil revenues

Iraqi Kurds' dreams for a post-Saddam Iraq include doubling their share of oil revenues, the speaker of the regional parliament said on Monday.

Anglo in talks to buy Aids drugs from Cipla

Indian drugmaker Cipla Ltd is in talks with South African mining giant Anglo American to supply it with generic versions of anti-Aids drugs.

Aid groups say trade reform menaces poor farmers

International aid groups warned on Tuesday that if rich powers succeeded in forcing open agricultural markets in developing countries it would destroy poor farmers and cause massive social disruption.

EU set to clear De Beers distribution plan

A plan by diamond giant De Beers to overhaul its distribution system is likely to win approval soon from the European Commission, a source familiar with the situation said this week.

Mboweni slams inaccurate media reporting

Reserve Bank governor Tito Mboweni criticised the media on Thursday for inaccurately reporting his remarks, while also calling on black financial professionals to put something back into their communities.

Windows XP patch to comply with anti-trust deal

The first product changes dictated by a proposed anti-trust settlement with Microsoft will appear next week in a software patch for Windows XP.

Unemployment still a problem on Workers Day

THE Congress of SA Trade Unions (Cosatu) and its alliance partners announced that unemployment remained the most difficult challenge for government, as more workers lost their jobs and more people faced poverty.

Wakeford bows out

No reason was forthcoming on Tuesday night for the sudden resignation of SA Chamber of Business CEO Kevin Wakeford.
  • Interim Sacob head announced
  • US drinkers boost SABMiller profits

    Brewing giant SABMiller Plc reported a 24 percent rise in half-year profits on Thursday and said it would cut costs in a bid to win over American beer drinkers.

    Top IMF economist blasts Nobel winner Stiglitz

    In an unusually personal and public rebuke, the International Monetary Fund's top economist on Tuesday accused Nobel-winning economist Joe Stiglitz of slander, self-aggrandisement and intellectual vanity.

    Soros says Bush’s policies caused dollar to fall

    Billionaire financier George Soros repeated on Tuesday his charge that US President George Bush's administration was to blame for the recent drop in the dollar's value.

    Opening the door to foreign investment

    A new report recommends that the debate surrounding foreign direct investment in South Africa be refocused.

    IMF’S Koehler says US, EU trade policies perverse

    INTERNATIONAL Fund chief Horst Koehler on Thursday called American and European trade policies ''perverse,'' urging an end to cotton and sugar subsidies that obstruct this impoverished West African nation's efforts to beat poverty.

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