Petrol price drops 67c for SA motorists
01/09/2014 - 11:08
The price of all grades of petrol will drop by 67 cents a litre next week, the energy department said on Friday.
SA’s trade deficit widens from June to July
01/09/2014 - 10:49
The deficit on South Africa’s trade balance widened more than expected in July to R6.9bn after a revised R469.8m (R192.2m) deficit in June, South African Revenue Service data showed on Friday.
Outgoing Truworths CEO cashes in R115m
01/09/2014 - 10:33
Within a week of announcing his retirement from the group he led for two decades, Michael Mark, Truworths CEO, cashed in 1.6-million shares, clocking up a R115.5m pretax profit.
Massmart half-year profit down 25%
29/08/2014 - 09:52
Retailer Massmart reported a 25.2% fall in half-year profit on Thursday as debt-laden consumers battling rising living costs cut back on spending.
Edcon still talking to Abil about lending
28/08/2014 - 11:28
Edcon, the owner of Edgars and CNA, remains in talks with African Bank Investments Limited (Abil) to be an alternative credit provider to its customers, even though Abil has been placed under curatorship.