South Africa News Archives - Page 67 of 72

21Oct

By Africa BusinessNo Comments

Majority of Credit Active Consumers Don’t Know Their Credit Score

Personal finance and price comparison website, www.justmoney.co.za, found that the majority of respondents that participated in its poll in July 2012 did not know their credit score. Cape Town, South Africa, October 21, 2012 --(PR.com)-- The results of a poll conducted by Justmoney reveal that many consumers fail to realise the importance of knowing their credit score, also known as a credit record. Almost three quarters (73%) of people polled on Justmoney, South Africa’s online guide to money, said they did not know what their credit score was. The flash poll also revealed that only 18% knew their credit score, while 9% didn’t know what a credit score referred to. “Knowing your credit record is vital, as it is an indicator of your creditworthiness. Credit scores are used b...

20Oct

By Africa BusinessNo Comments

South Africa News

One Concierge & Legacy Concierge Provide Access to Local Concierge Services in South Africa

One Concierge is able to provide assistance for clients on the ground and in the country of South Africa. Boca Raton, FL, October, 2012 --(PR.com)-- One Concierge (http://www.oneconcierge.com), a luxury concierge and lifestyle brand, announced additional client support in the country of South Africa through an agreement with Legacy Concierge, a full service personal concierge and lifestyle manager to support all local and international travelers, corporates, and any elite members of the general public. One Concierge frequently serves clients around the world and is now very excited to be able to extend its services into the country of South Africa. Through Legacy Concierge’s local expertise, One Concierge can assist those who are in need of personalized travel plans, accommoda...

20Oct

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

OPIC TO DEDICATE STAFF MEMBER FOR SOUTH AFRICA IN 2013

Will support implementation of US-Africa Clean Energy Finance Initiative JOHANNESBURG, South Africa – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, will dedicate a senior staff member for South Africa in 2013, aiming to leverage the country’s position as a business hub and strategic U.S. partner into new investment opportunities for American and African companies. In the past two years OPIC has made significant efforts to expand its work in Africa, resulting in an extraordinary 300 percent increase in the agency’s commitments to the region last year. Whereas Africa comprised only four percent of OPIC’s global portfolio of loans, guarantees and political risk insurance in 2001, today it stands at a full 22 percent...

18Oct

By Africa BusinessNo Comments

African News, South Africa News

New Hedge Fund Software Expands into the South African Market

TORONTO, Oct. 18, 2012 /PRNewswire/ - Canadian software vendor SGGG Portfolio Systems, SynOps Investment Operations and Deutsche Securities Johannesburg today announced the successful implementation of the SGGG Portfolio System across Deutsche's hedge fund client base in South Africa. Graeme Lappin Director of SynOps commented, "The SGGG system is ideal for the South African hedge fund industry. It is a front office portfolio management tool that integrates the trading, operations and management functions across the company, simply yet extremely effectively. The software has been designed specifically for hedge funds and small to medium sized asset managers, and is available with a highly attractive pricing and licensing structure. SGGG Portfolio Systems and SynOps have a partner...

18Oct

By Africa BusinessNo Comments

South Africa News

Amazon is doing it right

By Thandisizwe Mgudlwa Amazon the American multinational electronic commerce company is developing and is also creating opportunities for many others. And here at home, Amazon South Africa is growing fast, bringing some exciting career opportunities for both developers and skilled tech support staff. The Amazon offices in Cape Town are host to a development team that is focused on software development and technical support for Amazon, including Amazon Elastic Compute Cloud (Amazon EC2), and a support team for AWS users across the globe. The innovative, low-cost and scalable AWS infrastructure is matched by equally innovative support. AWS customers have access to a unique, automated support tool called AWS Trusted Advisor that diagnoses problems and suggests solutions in the ar...

18Oct

By Africa BusinessNo Comments

African News, Energy, Green Energy, South Africa News

Conference and Expo Aims to Empower Africa to Unlock Its Energy Potential

Local power industry stakeholders are preparing to convene at the inaugural POWER-GEN Africa and co-located Renewable Energy World Africa events, from 6-8 November 2012 at the Sandton Convention Centre in Johannesburg. Under the theme “Global Technology for Local Solutions” the three-track conference and associated expo will set the stage for the industry to strategise, plan, prepare and move forward to meet the growing energy needs being driven by Africa’s economic growth. POWER-GEN Africa joins a global network that includes POWER-GEN International, POWER-GEN Europe, POWER-GEN Asia, POWER-GEN Middle-East and POWER-GEN India & Central Asia. The events are organised by the PennWell International Power Group, a 100-year-old company with offices in London and Moscow and thr...

17Oct

By Africa BusinessNo Comments

African News, South Africa News

Cat Financial and Standard Bank Group collaborate in Africa

Caterpillar Financial Services (Dubai) Limited (Cat Financial), an indirect subsidiary of Caterpillar Inc. and a wholly owned subsidiary of Caterpillar Financial Services Corporation, the largest financier of Cat® machines worldwide, and Standard Bank Group, Africa's largest banking group, have entered into a collaboration agreement through which Standard Bank Group will provide a range of financial services to Caterpillar customers in six African countries. The collaboration will be branded "Cat Financial Services, Services Provided by Standard Bank Group". The Cat Financial and Standard Bank Group co-branded asset finance will be offered in Nigeria, Kenya, Uganda, Tanzania, Ghana, and Sierra Leone, which are countries covered by the Mantrac Unatrac Group of Cat dealerships....

16Oct

By Africa BusinessNo Comments

African News, South Africa News

China in South Africa: media responses to a developing relationship

Chinese Journal of Communication Volume 5, Issue 3, 2012 Special Issue: Media and the State: China and Beyond China in South Africa: media responses to a developing relationship DOI:10.1080/17544750.2012.701428 Herman Wassermana Abstract The formal invitation extended to South Africa by China late in 2010 to join the BRIC formation of emerging economies (Brazil, Russia, India, and China) may be seen as a confirmation of the growing economic ties between China and South Africa. The expanded trade between these two countries allows South Africa an opportunity to meet its development needs. For China, the interest in South Africa as an emerging market forms part of its growing interest in Africa for resources, markets, and diplomatic support. However, this involvement...

16Oct

By Africa BusinessNo Comments

South Africa News

Tronox Files to Counter Move to Halt First-Phase Construction of its Fairbreeze Mineral Sands Mine in South Africa

MTUNZINI, South Africa, Oct. 16, 2012 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today formally noted its opposition to an application made by the Mtunzini Conservancy for an injunction to halt the early-phase construction underway at the company's new KZN Sands Fairbreeze mine project in northern KwaZulu-Natal, South Africa. In opposing papers filed in the Durban High Court, Tronox remains firm in its belief that the action by the Mtunzini Conservancy is without merit and that the early-phase construction, including site establishment and temporary access roads, that commenced in early October 2012 is within the required legislated framework. Tronox is confident that it has followed due process and is prepared to take all steps necessary to protect its right to advance the o...

16Oct

By Africa BusinessNo Comments

African News, South Africa News

South African industrial issues must be dealt with now

By Thandisizwe Mgudlwa This is serious stuff. And South African stakeholders, shareholders, sectors must stand and pay attention to what could further derail the process of creating jobs. As mentioned so many times before and evidence elsewhere in the world confirms that job can go a long way in eradicating poverty and underdevelopment. It is therefore paramount to all the groups concerned to listen and take actions from the warnings of John Botha. This week Botha said: “It is becoming so onerous to employ in South Africa that business is opting for alternatives to direct employment – alternatives like outsourcing, sub-contracting, automation, off-shoring and new technology. These were just a handful of the unintended consequences of the proposed changes to South A...