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Financial news supplied by IOL news
IOL:Business Report- White males still rule SA businesses
White men and women continue to dominate top management positions in South Africa, with the retail, wholesale and motor sectors being singled out as the worst performers when it comes to transformation at a senior level. - SA falls shy of its peers in luring investment
South Africa has failed to equal the performance of many peer countries, according to a World Bank investment report released yesterday. This is despite the fact that its overall business environment is good compared with that of a group of upper middle-income emerging economies. - SAA, BA and others in dock for fixing cargo freight rates
Eight cargo carriers including SAA Cargo and British Airways (BA) face allegations of fixing the price of fuel surcharges and rates of cargo flown in and out of South Africa. - JSE blames MTN for glitch
The Johannesburg Stock Exchange on Thursday said MTN Group was in part responsible for an embarrassing glitch that halted trading for six hours this week. - Samsung reports dramatic profit rise
South Korea's Samsung Electronics on Friday reported a record second-quarter operating profit.
IOL: Persfin- Save yourself - and help your country
"Save for the goal: the path to recovery" is the theme for this year's national Savings Month. Prem Govender, the chairperson of the South African Savings Institute (Sasi), announced the theme at the launch of Savings Month this week. - National Savings Month: get into the saving habit
It is National Savings Month. The reason for the emphasis on saving for the next 30 days is that South Africans do not save enough to protect themselves from financial disaster and ensure they can enjoy a better standard of living. - Our money woes could end in 'perfect storm'
South Africa is in the middle of a savings crisis and the situation could get worse, but you can help to improve both your situation and that of the country if you minimise your debt and start saving as soon as possible. During National Savings Month, the acsis/Personal Finance Financial Planning Club hosted Andrew Bradley, the chief executive of financial planning company acsis, who spoke about the savings crisis. - Breaking free from debt does you and the country good
The National Credit Act (NCA) has been getting the blame for a lot of things recently, from the slow-down in the economy to the non-profitability of banks.
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