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Chrysler announced on Wednesday it was recalling about 490,000 cars and sport-utility vehicles worldwide to fix a glitch on automatic head restraints.
Durban hotels‚ B&Bs‚ retail outlets and restaurants are bracing themselves for a bumper weekend with more than 55,000 revellers expected to descend on the city for the Durban July.
The rand was trading a touch firmer in early trade on Thursday as the euro regained some strength ahead of the European Central Bank (ECB) briefing in the afternoon.
The dollar and euro came under pressure in Asia Thursday as political turmoil in Portugal and Egypt sent investors to the safe-haven yen.
E-commerce in Africa has grown dramatically over the past year‚ and is poised to support the massive consumer boom on the continent.
Fashion chain Nicole Fahri goes into administration.
Kanebo on Thursday announced it was recalling 54 skin whitening products from all over Asia because of fears they could cause white patches and uneven colouring.
Investors in South Africa's mining sector require stability and enforcement of the law, Deputy President Kgalema Motlanthe said in Pretoria.
South Africa appears to be a step closer to achieving stability in the mining sector
Unrest in Egypt has pushed oil prices up to $102 a barrel - the hightest its been since September.
South African employers are warning of job losses in the long term if the current climate of high wage increases unaccompanied by higher productivity levels continues.
Honda is preparing to recall more than 20,000 cars from its previous Jazz series, manufactured between 2002 and 2008.
Foreigners were net buyers of R2.271 billion of South African bonds including repo transactions on Tuesday after net purchases of R764.387 million of local bonds on Monday.
The price of gold continued to rise for a third consecutive day on Tuesday‚ after recent major sell-offs as bullion lost it safe-haven allure.
Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt could affect the rest of the Middle East.
US auto sales accelerated in June with General Motors, Ford, Chrysler and Toyota posting strong gains as analysts forecast more growth in the months to come.
France's financial market regulator said Monday it had fined luxury conglomerate LVMH a record €8 million for failing to inform markets it was raising its stake in Hermes.
The rand traded in a fairly tight band against major currencies in late morning trade on Tuesday in the absence fresh catalysts.
The average house price for June showed year-on-year growth of 6.6% in nominal terms‚ up from May’s revised 6.2%‚ according to the latest FNB house price index.
The JSE was trading in negative terrain on Tuesday morning‚ despite commodity prices continuing their bounce from Monday and supporting gold‚ platinum and resource counters.
The share of total consumer credit granted by banks in SA has declined further, falling at least 8% in the first quarter of this year compared to the same period three years ago.
New car registrations in Germany, a key measure of demand in one of the most crucial sectors of Europe's top economy, fell in June, data showed on Tuesday.
Oil prices rose in Asia Tuesday as upbeat US manufacturing data boosted hopes for stronger demand in the world's top crude consumer.
Rainbow Chicken Ltd (RCL) announced on Monday that it has bought Foodcorp management’s 23.9 percent stake in Foodcorp.
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