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  • S.Africa's Q2 unemployment rate increases

    Tue, 29 Jul 2014 14:36:03 GMT

    Almost 5.2 million South Africans are now unemployed after a 0.3 per cent increase in unemployment in the second quarter of this year. Meanwhile, growth in credit demand from South Africa's private sector quickened to 8.6 per cent year-on-year in June. For more on this data CNBC Africa is joined by Dennis Dykes, Chief Economist at Nedbank.

    S.Africa equities up 12% despite slow economy

    Tue, 29 Jul 2014 14:35:54 GMT

    South African equities grew by nearly 12 per cent despite the faltering economy. Peter Brooke, Head of Macro solutions at Old Mutual's Investment group join CNBC Africa for some insight into the disparity between the market and the economy.

    AECI H1 HEPS up 10%

    Tue, 29 Jul 2014 14:12:09 GMT

    Chemicals group, AECI has recorded a 10 percent rise in first half headline earnings per share to 390 cents. Company revenue grew by 11 percent and an interim dividend of 115 cents was declared. To dissect the earnings CNBC Africa is joined by Mark Dytor, CEO, AECI.

    S.Africa's involvement in WWI

    Tue, 29 Jul 2014 12:58:59 GMT

    The First World War was one of history's largest and deadliest battles, invoking the world's major economic powers and allied forces. To commemorate its centenary, CNBC Africa's Benedict Pather recalls some of the heroic efforts of South African troops and their involvement in the conflict.

  • Brown hopes to appoint Eskom CEO by mid-August

    29/07/2014 17:41:39

    Minister of Public Enterprises, Lynne Brown has said that Eskom’s new chief executive officer (CEO) will be appointed within weeks.

    Samsung to open manufacturing plant in Durban

    29/07/2014 14:30:23

    Samsung Electronics has said that it will open a television manufacturing plant in Durban, South Africa by the end of 2014.

    S.Africa's unemployment up 0.3% in Q2

    29/07/2014 14:27:46

    Unemployment increased by 0.3 per cent in the second quarter of 2014 due to a decline in jobs within the agriculture and formal sectors.

    Sudan’s huge debt impacts on external financing

    29/07/2014 10:53:49

    Sudan’s external debt is high, cutting off the country from access to most foreign financing, the IMF has said.


  • Mondi expects operating profit above €367 million

    29/07/2014 12:07:09

    Mondi said that it expects underlying operating profit for the half year ended 30 June 2014 to be above last year’s 367 million euros.

    AECI explosives’ revenue hurt by S.Africa’s platinum strike

    29/07/2014 07:34:50

    AECI explosives’ revenue remained flat for the first six months of 2014 due to the strike in South Africa’s platinum sector.

    Spur Corporation sales hit R5.5 billion

    28/07/2014 13:40:22

    The Spur Corporation reported a 13.5 per cent increase in total restaurant sales, reaching 5.5 billion rand for the year ended 30 June 2014.

    Merafe EPS to increase 600% due to ferrochrome production boost

    28/07/2014 11:05:25

    Merafe Resources expects its basic earnings per share (EPS) to rise dramatically due to an increase in ferrochrome production.

  • BRICS bank a milestone for developing countries

    17/07/2014 14:49:49

    The creation of the BRICS bank and the CRA is a significant milestone, South Africa’s Ministry of Finance has said.

    BRICS set up bank to counter Western hold on global finances

    16/07/2014 11:42:40

    Leaders of the BRICS emerging market nations launched a 100 billion dollar development bank and a currency reserve pool.

    Update on BRICS New Development Bank

    16/07/2014 10:13:13

    Brazil, Russia, India, China and South Africa (BRICS) have signed an Agreement in relation to the functioning of their New Development Bank.

    Outcome of BRICS trade ministers meeting

    15/07/2014 13:25:10

    BRICS (Brazil, Russia, India, China and South Africa) trade ministers met in Fortaleza on Monday ahead of the sixth BRICS summit.

  • Forecasting only works in a booming economy

    29/07/2014 17:02:39

    Through many courses at university, I have been made to believe that Excel can in fact, predict the future.

    A glide down memory lane to my first job

    11/07/2014 07:37:54

    A little piece of me died this week.

    How do you find time to cheat at the World Cup?

    04/07/2014 07:42:24

    The word cup is well underway and in response to the ‘let the games begin’ advertisements, I add my own slogan ‘let the cheating begin.’

    The new king of mining in South Africa knows his Bible

    27/06/2014 12:46:33

    The world of mining in South Africa changed forever this week and at the top of it sits a new king who knows his bible and supports Chelsea.

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