Business
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Business |
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Nedcor, BoE set to merge By HILARY JOFFEJohannesburg – NEDCOR has made a R7,3-billion offer for BoE in a friendly takeover bid which the groups said would bring certainty and security to BoE’s stakeholders and enhance the enlarged Nedcor’s revenues and lift its profit growth.... Metro’s outlook good, says Percci By Sicelo Fayo Business EditorECONOMIC development in the Mandela Metro should continue to maintain a positive trend this year, despite a gloomy outlook for the rest of the country.... Telkom objects to rules for second phone operator By ROBYN CHALMERSJohannesburg – Telkom has upped the ante in its bid to have draft regulations for the local phone market changed by raising strong crucial objections.... Changes to Act aid workers Cape Town – Changes to the Insolvency Act, providing for a 45-day rescue period during which jobs will not be lost and which will allow workers who lose their jobs as a result of sequestration to make preferential claims against the insolvent estate, have been tabled in Parliament.... R50m for small enterprises Business EditorBUSINESS Partners has allocated an additional R50-million for investment in Small and Medium Enterprises in the Eastern Cape, the company said.... Need to empower blacks stressed Business EditorBLACK economic empowerment remains vitally important to sustainable socio-economic development of the country, Black Management Forum (BMF) president, Bheki Sibiya said in Port Elizabeth at the weekend.... Rand firms below key level Johannesburg – The rand strengthened to below the key R11 to the dollar mark yesterday as offshore players dabbled in the local currency.... |
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