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| USA | $1: | R7.60 |
| Europe | €1: | R11.29 |
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| New Zealand | $1: | R5.50 |
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Latest Business News
Talks on unions bannedThe defence ministry insisted that an interim service commission reporting on conditions in the military never had a mandate to raise the fraught issues of trade unions for soldiers.
Manyi gets tough on BEE complianceCompanies that are not complying with affirmative action and broad-based black economic empowerment laws should get their houses in order soon, according to Labour Director-General Jimmy Manyi.
Labour broking is akin to slave labour?Labour brokers are essential to the SAPS, which spent R366-million on them in 2008/09, the Democratic Alliance has said.
Wall St down on tech jittersUS stocks have drifted downward for a third straight session, with the tech sector in focus after weak results from computer maker Dell on the heels of a downgrade of key semiconductor stocks.
Communists blast MalemaThe SA Communist Party has condemned insults hurled by ANC Youth League president Julius Malema, calling him "politically dishonest".
Remgro investments disappointInvestment holding firm Remgro says weaker earnings reported by First Rand, RMB, and lower dividends from Implats have affected its interim performance.
Senior Nafcoc officials locked out of officesSenior National African Federated Chamber of Commerce (Nafcoc) officials have been locked out of the business chamber's offices in Johannesburg despite a court order that they should be allowed onto the property.
Avusa Media posts fall in profitAvusa posted a sharp fall in first half profit, the media company said today. It blamed the drop largely on softer margins from reduced advertising revenues, it said in a statement following the release of its results for the six months ended September 30.
VWSA wins big export contractVolkswagen South Africa has been awarded an export contract for up to 300 000 cars, the Herald Online reported today. Right-hand-drive Polos, being built at the companies Port Elizabeth plant, will go to leading markets worldwide in a deal seen as a huge boost for the Eastern Cape and the country's motor industry.
