By BRADLEY BROOKS Associated Press Brazilian police say they’re investigating whether a gunshot was fired near a hotel where the Honduran national soccer team arrived to stay a few hours later. A police officer in the town of Porto Feliz in Sao Paulo state says Tuesday it’s unclear if the sound heard in front of … Read more
Invicta’s share price fell back a little this morning after the release of financial results for the year to end March 2014. Analysts are a little concerned at the group’s decision to release CEO Arnold Goldstone from operational duties to spearhead a mission to grow the non-SA share of profits from the current 22% to … Read more
Canny Iranian coach Carlos Queiroz won a tactical battle against Nigeria’s Stephen Keshi when his underdog Middle East combination held Africa’s much-vaunted Super Eagles to a goalless draw in a World Cup game in Curitiba, Brazil, on Monday night. Neither Queiroz, who occupied the post of coach of South Africa’s national team for two years … Read more
Springbok Women’s coach Lawrence Sephaka on Tuesday selected a 26-member squad for the 2014 Women’s Rugby World Cup in France, which starts at the beginning of August. The squad comprised of 11 players with prior World Cup experience who would be aiming to guide the inexperienced contingent to glory in the tournament taking place from … Read more
WASHINGTON, June 17 (Reuters) – U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, pointing to a steady firming of inflation pressures. The Labor Department said on Tuesday its Consumer Price Index increased 0.4 percent last month, with food prices … Read more
* Zuma to deliver State of the Nation address at 1700 GMT * Needs to outline plans for growth and jobs * South Africans will be watching for clues on Zuma’s health CAPE TOWN, June 17 (Reuters) – South African President Jacob Zuma delivers the first State of the Nation address of his second term … Read more
From SAPA The FNB/BER building confidence index fell 11 points to 41 in the second quarter of 2014, with confidence in all the index’s sub-sectors lower, First National Bank said on Tuesday. “After breaching the key 50-index point mark in the first quarter of 2014, the FNB/BER building confidence index fell by 11 points to … Read more
By A. Ananthalakshmi SINGAPORE (Reuters) – Gold fell further from a three-week high on Tuesday as investors withdrew money from the top bullion fund at the fastest pace in two months and as markets nervously waited for a Federal Reserve meeting this week. The metal’s fall comes even as most Asian stock markets fell on … Read more
By Wendell Roelf CAPE TOWN (Reuters) – Shareholders of Woolworths overwhelmingly backed the South African retailer’s $2 billion buyout of Australia’s David Jones on Tuesday. The acquisition, the biggest on record for the Cape Town-based company, was approved by virtually all Woolworths shareholders who cast their votes at a special meeting. The deal, once finalised, would create one … Read more
JOHANNESBURG (Reuters) – South Africa’s platinum producers and union Amcu have agreed on a broad wage offer to end a protracted strike but details such as the timeframe and additional benefits are still outstanding, Impala Platinum said on Tuesday. “The big principle in the offer has apparently been agreed to. It’s just other smaller issues like the timeframe and housing … Read more