Most passengers on flight MH17 were Dutch

By The Associated Press The Malaysia Airlines Boeing 777-200 that was shot down over war-torn eastern Ukraine on Thursday was carrying 298 people from at least 10 countries. Here is a breakdown of the nationalities of those on board: Netherlands: 173 Malaysia: 44 (including 15 crew and two infants) Australia: 28 Indonesia: 12 (including one … Read more

DIRCO: No SA passport holders on Malaysia flight MH17

From SAPA None of the passengers on the Malaysia Airlines plane that went down in Ukraine were travelling with a South African passport, the department of international relations said on Friday. “Our mission in Kuala Lumpur informed us that amongst the passengers no one was travelling with a South African passport,” spokesman Nelson Kgwete said. … Read more

SA: dollar and euro bonds oversubscribed

JOHANNESBURG (Reuters) – South Africa has sold a $1 billion 30-year bond and a 500 million euro 12-year instrument on the international market, with both transactions being more than three times oversubscribed, the Treasury said on Friday. It said the dollar bond had a coupon rate of 5.375 percent, while the euro bond was priced at 3.75 … Read more

Asian shares fall as Malaysia jet downing hits sentiment

By Lisa Twaronite TOKYO (Reuters) – Asian shares sagged and a drop in Treasury yields pressured the dollar on Friday after news of a downed Malaysian airlines jet at the Ukraine-Russia border sent investors scurrying into defensive assets. The United States believes a surface-to-air missile brought down the airliner flying from Amsterdam to the Malaysian capital of Kuala Lumpur, killing all 298 people … Read more

Brent pushes above $108 after plane downed in Ukraine

By Keith Wallis SINGAPORE (Reuters) – Brent futures climbed above $108 a barrel on Friday, extending sharp overnight gains amid heightened geopolitical concerns after a Malaysian jetliner was shot down over eastern Ukraine. Oil prices on both sides of the Atlantic surged about 2 percent on Thursday, recovering from a weeks-long decline, on news of the … Read more

Give customers good news… and competitors insomnia – Tip 15

Pitch your New! Improved! version of the business to the customers…and to as many staff as possible, so that the spectre of doom reaches the opposition clearly enough to keep them awake at night, says Mario Pretorius. GK Half of your efforts to the outside world should enamour your target market. The other half should … Read more

Rand firms against the dollar, remains fragile over Ukraine tensions

JOHANNESBURG (Reuters) – South Africa’s rand pulled back from a week low against the dollar on Friday after news of a Malaysian airplane being shot down over Ukraine pushed the currency lower. The rand was trading at 10.7155 versus the greenback at 0639 GMT, gaining 0.42 percent from its New York close on Thursday. The local unit dropped … Read more

SA put in its BRICS pecking order place in Fortaleza

For South Africans, most of the excitement ended even before the BRICS Summit in Fortaleza began earlier this week. After the previous summit in Durban, hopes were high that the $100bn BRICS Development Bank would be headquartered in Johannesburg. The South Africans had done most of the work on putting the structure together, and as … Read more

Alexander Forbes raises $345m in IPO

JOHANNESBURG (Reuters) – South African pension manager Alexander Forbes on Friday priced its initial public offering at the middle of its planned range on Friday, raising 3.7 billion rand ($345 million) ahead of its return to the Johannesburg exchange. Alexander Forbes, which was taken private by a group of investors including buyout firm Actis in 2007, said it priced the … Read more

World Cup winning captain retires from international soccer

Germany’s World Cup winning captain Philipp Lahm is to retire from the national team, it was confirmed Friday. The 30-year-old Bayern Munich defender, with 113 international caps, led his country to a fourth World Cup title in Brazil but has decided to step back from the team, according to his agent who confirmed a report … Read more