Fri Sep 22 13:47:57 SAST 2017
Low passenger numbers choke BRT system

The multibillion-rand Bus Rapid Transit (BRT) systems which are being rolled out across South Africa.

The SA Reserve Bank tells us how it is. / Robbie Tshabalala. © Financial Mail.

Reserve Bank leaves interest rates unchanged

The Reserve Bank delivered disappointing news on Thursday‚ when it kept interest rates on hold‚ defying expectations for a cut of 25 basis points.

Google to buy part of Taiwan smartphone maker HTC for $1.1 bn

Taiwan’s struggling smartphone maker HTC said on Thursday it would sell part of its smartphone business to Google for $1.1 billion as the US giant looks to take greater control of its hardware business.

Local Toys R Us unaffected by US company’s woes

It’s business as usual for Toys R Us in South Africa‚ says Amic Trading (Pty) Ltd‚ which operates as a private independent company under licence agreement with Toys R Us Inc. which has filed for bankruptcy in the US.

Sun International to close its Fish River Sun resort

Sun International will be closing its Fish River Sun resort near Port Alfred by the end of November unless a last-ditch compromise is reached over land claims.

Toys 'R' Us files for bankruptcy ahead of holiday season

Toys 'R' Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains.

KPMG denies any dodgy dealings in controversial coal deal

Auditing firm KPMG has distanced itself from potentially questionable practices in the Gupta family’s controversial multi-billion rand acquisition of the Optimum Coal mine.

Businessman not giving up bid to make Vodacom pay

'SA stuck in low-growth trap' - Moody's

Ben Kruger to step down as Standard Bank CEO

SA banks 'safe‚ well capitalised and sound‚' despite Moody's rating