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Student debt is exploding amid revelations that South African university students can legally acquire credit cards.
Rating agency Standard & Poor's cut its notation of fallen mobile phone maker Nokia on Friday, because of the cost to the company of buying out a joint venture with Siemens.
Workers at De Beers, the world's leading diamond miner, will down tools in South Africa on Friday over unmet wage demands, the National Union of Mineworkers (NUM) said.
Oil prices rose on Friday amid mounting tensions in Egypt, while investors awaited US jobs data for clues to when the Federal Reserve will end its massive stimulus programme.
China has offered a quota for its solar panel exports to the European Union, state media reported Friday with the two sides embroiled in a series of trade disputes.
The rand marked time on Friday at midday ahead of crucial US nonfarm payroll figures expected out later in the day.
Spanish factories slowed output for the 21st straight month, official data showed Friday, as demand collapsed in a long recession that has pushed unemployment above 27 percent.
Anglo-Dutch food giant Unilever said it has paid $3.2 billion for an additional 14.8 percent in its Indian subsidiary as part of its strategy of expanding in emerging markets.
Japanese electronics giant Panasonic said Friday it will close its only European solar cell plant in Hungary, resulting in the loss of 550 jobs.
South African futures ended higher on Thursday‚ lifted by optimism in Europe that tapering in monetary easing was not likely any time soon.
The National Treasury has published the Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill for public comment.
A unit of Nestle is cutting prices for baby formula in China by as much as 20%, it said after the government launched an investigation into alleged price-fixing by foreign firms.
The Swiss government revealed plans to settle a bitter dispute with Washington over American tax dodgers.
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.
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