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Slowdown hammers building jobs  
2010-09-09 04:00:01

Tens of thousands of jobs are being lost in the construction sector because of the completion of large projects and a slowdown in the awarding of big contracts to the major construction companies. [Full Story...0 Comments
Treasury seeks alternatives to higher tax to fund public sector wages  
2010-09-09 04:00:01
Personal and corporate tax would not be raised to cover the higher-than-expected wage increase for public servants, the National Treasury said yesterday, but some economists have not ruled it out entirely. [Full Story...1 Comment
Aveng punts solution to acid mine drainage  
2010-09-09 04:00:01
Aveng, the listed construction and engineering group, has patented what it believes is a solution to acid mine drainage problems facing the country. [Full Story...0 Comments
Lonmin chief takes swipe at SA’s mining law  
2010-09-09 04:00:01
South African mining law was "imperfect" and hindered by weak administration, Lonmin chief executive Ian Farmer said yesterday. [Full Story...0 Comments


COSATU WARNS OF PREDATORY ELITE: Cosatu has come out with all guns firing warning of deep dangers of “a predatory elite” and accusing it of zigzagging on economic policies. Read more
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 OPINION/ ANALYSIS
 Business Watch
Sidelining of Patel confuses policy, Cosatu fumes  Comment
Perhaps trade union federation Cosatu was persuaded by its own propaganda that the ascent of Jacob Zuma to the leadership of the ANC at Polokwane nearly three years ago would bring a lurch to the left. Analysts commented at the time that there was no evidence that Zuma supported a socialist agenda.[Full Story...0 Comments

 
 Features
Flawed law limits mines' access to credit  Comment
Mining sector financiers are concerned over the lack of clarity in the Mineral and Petroleum Resources Development Act regarding security over mining rights.[Full Story...0 Comments

 
 Features
There are gaps in JSE study on ownership  Comment
The JSE recently measured the share of the top 100 companies held directly and beneficially by black shareholders. The directly held share is reported as 8 percent and beneficial ownership as 18 percent of the available pool. This pool equates to 44 percent of the total market capitalisation of the JSE, calculated as R5.7 trillion.[Full Story...0 Comments

 
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 NEWS BY SECTOR
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Sanlam first half flat as markets weigh  Comment
Sanlam has reported flat first-half earnings, as volatile markets offset strength in its underwriting business, and stuck to a cautious outlook.[Full Story...0 Comments

 
 Markets
Euro slides to $1.2693  Comment
The euro has slipped back below $1.27, giving up slight gains it made thanks to a relatively successful bond auction in Portugal. [Full Story...0 Comments

 
 Markets
Asia stocks rise, yen steady but outlook unclear  Comment
Asian stocks edged up and the yen held below a 15-year high, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.[Full Story...0 Comments

 
 Markets
Singapore currency hits new record high against US dollar  Comment
The Singaporean dollar rose to a new record high against the greenback as investors' appetite for higher yielding currencies continued to increase.[Full Story...0 Comments

 
 Markets
Oil hovers near $75 amid US crude supply drop  Comment
Oil prices hovered near $75 a barrel in Asia after a report showed US crude inventories fell more than expected, suggesting demand may be improving.[Full Story...0 Comments

 
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