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The price of oil has risen after European nations agreed on a bailout for Cyprus that tamps down the latest flare-up in Europe's debt crisis.
Cosatu general secretary Zwelinzima Vavi has called for industrialisation to tackle inequality, unemployment and poverty in South Africa.
Cyprus remains locked in talks with international creditors ahead of a crucial meeting seeking a deal to rescue the country from economic collapse.
The strike at several Exxaro operations has ended with workers agreeing to return to work next week.
BRICS nations are expected to announce the establishment of a development bank at their annual summit in Durban next week. The idea was agreed in principal at last year's meeting.
The Rand slid to fresh four-year lows overnight on Thursday, ending on the back foot at close of business on Friday.
The FF Plus laments the contract which allowed Eskom to sell electricity to BHP Billiton at less than one-fifth of the tariff paid by consumers as a scandal.
Cypriot Finance Minister Michalis Sarris left Moscow empty-handed after a two day push to secure the debt-ridden island a financial lifeline failed.
Authorities were trying to cobble together a plan they hope will convince international lenders to provide the money the country needs to avoid bankruptcy within days.
US soft drinks giant Coca-Cola will cut 750 jobs as part of a restructuring of its North America operations.
Richard Maponya gets a lifetime achievement award
The European Central Bank has set out a deadline to sign off on a bailout by saying it would only provide emergency funding for Cyprus's banks until Monday.
Eurogroup head Jeroen Dijsselbloem said that the Cyprus debt crisis poses a "systemic risk" that threatens to ricochet right through the eurozone.
The meeting of BRICS leaders in Durban next week could uncharitably be described as a summit of the world's emerging economic powers.
China's online sales are forecast to exceed $420 billion annually by 2020, which will likely make the country the world's largest online retail market.
Volkwagen AG is recalling 384,000 cars in China because of problems with gearboxes.
Brazil's ex-president Luis Inacio Lula da Silva predicted that Africa would not waste its chance to prosper through the 21st century.
Cyprus is on the verge of bankruptcy and President Nicos Anastasiades is fighting for bailout conditions to be lessened.
The British retailer's net profits sank in the first half of its financial year when it failed to win a boost from the Queen's Diamond Jubilee.
The oil rich capital has launched the largest concentrated solar power plant in the world
As the debt crisis in Cyprus deepens, a call by the government for depositors to pay a levy to share the burden of a 10 billion euro bailout, has been criticised.
Iraq plans to invest $173 billion in its energy infrastructure over the next five years in order to dramatically ramp up crude output.
Air quality monitoring to expand to more than twice the number of cities it currently covers
Advocate says ICASA has no legal right to refuse the pay TV channel permission to broadcast three porn channels
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