ANC can be ousted – Ramphele

From the SA Press Association: The African National Congress can be defeated, Agang SA leader Mamphela Ramphele said on Thursday. “If you do not give them your votes and vote for Agang we can have a new government,” she said in Temba near Hammanskraal, north of Pretoria, during her election campaign. “It is in your … Read more

Strong Anglo American Q1 production results, despite strike action

Anglo American has released its Q1, here are the highlights, Journey to zero harm continues – no fatalities in Q1 2014 Rustenburg, Amandelbult and Union production severely impacted by industrial action which began on 23 January 2014 and is ongoing 185 koz of platinum production has been lost as a result of the strike The … Read more

Jacob Zuma sends condolences to DRC

President Jacob Zuma has sent condolences to the government of the DRC following a train accident in which more than 50 people were killed, the international relations department said on Thursday. “We are deeply saddened by this tragic loss of life and livelihoods. The thoughts of the people of South Africa are with the families … Read more

Clicks interim results – turnover up 9.6% to R9.3 billion

Clicks Group has released it’s interim results for the 6 month period ended 28 February 2014. Highlights: Group turnover up 9.6% to R9.3 billion Diluted headline EPS up 10.3% Interim dividend up 10.3% Return on equity at 55.4%       Clicks increased sales by 8.2% with comparable store sales growing by 5.3%. The brand … Read more

MTN’s quarterly update – 43.3% data revenue increase YoY

From SENS MTN Group records 210,1 million subscribers and has a Market Cap of R 405 015 986m. MTN is a leading emerging market mobile operator, connecting approximately 210 million people in 22 countries across Africa and the Middle East. Highlights Subscriber growth of 1,1% quarter-on-quarter (QoQ) from December 2013 Data revenues bolster performance, increasing 43,3% … Read more

Rebosis Property Fund posts interim results, 51% increase in AUM

Rebosis Property Fund have posted their unaudited results for the 6 months ended 28 February 2014 A summary of the results: 9,0% distribution growth to 48,5 cents per linked unit 98,0% occupancy level 51,0% increase in assets under management to R7,01 billion Strategic acquisition of Ascension Manco 18,1% growth in market capitalisation to R4,37 billion … Read more

Car bomb kills four In Nairobi

By Humphrey Malalo NAIROBI (Reuters) – Four people killed when a car bomb exploded outside a police station in a poor neighbourhood of the Kenyan capital Nairobi on Wednesday, the Interior Ministry said. Police officers had earlier stopped the saloon car at traffic lights and were taking the occupants for questioning when the bomb exploded, … Read more

Toyota stays at the top in Q1 after outselling GM, Volkswagen

TOKYO, April 23 (Reuters) – Toyota Motor Corp kept its position as the world’s best-selling car maker in the first quarter of 2014, beating rivals Volkswagen AG and General Motors Co after it sold record 2.58 million vehicles globally. The Japanese auto maker and its group companies saw worldwide sales in January-March rise 6.3 percent from a … Read more

Civilians flee renewed attacks in Bentiu, S Sudan

Civilians flee from renewed attacks in Bentiu, Unity state of South Sudan April 20, 2014. Rebels slaughtered hundreds of civilians when they seized the South Sudanoil hub of Bentiu, hunting down men, women and children who had sought refuge in a hospital, mosque and Catholic church, the United Nations said on Monday. REUTERS/Emre Rende

Facebook gets U.S. Antitrust approval to buy Oculus

WASHINGTON, April 23 (Reuters) – Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual realitygoggles, the Federal Trade Commission said on Wednesday. Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever hardware deal. Facebook Chief Executive Officer Mark Zuckerberg … Read more