Subscribe to industry newsletters

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

CHILE

Hill blown down so telescope can go up

SANTIAGO, CHILE: Construction on the world's largest optical telescope began with a bang as workers demolished a hilltop in Chile's Atacama Desert.

20 Jun 2014

SOUTH AFRICA

Sun International's earning up 10% to 732c

Resorts and gaming group Sun International reported a 10% rise in diluted headline earnings per share to 732c for the year to June‚ from 665c a year ago. Adjusted diluted earnings were 18% higher at 715c from 606c before.

28 Aug 2013

SOUTH AFRICA

Transnet on the hunt for foreign contracts

Transnet Engineering (TE), a unit of the state-owned freight and logistics company, is exploring new narrow-gauge markets in Latin America, South-east Asia and Australia in a bid to meet its growth targets, according to strategy and marketing general manager Thoba Majoka.

By Nicky Smith 6 May 2013

SOUTH AFRICA

Asia-Pacific region drives Aspen's revenue growth

SA's biggest drug manufacturer Aspen Pharmacare expects its Asia-Pacific business to generate the biggest share of the company's revenue by the end of the year‚ its chief executive Stephen Saad said at the release of its interim results for the six months to December.

By Tamar Kahn 8 Mar 2013

SWITZERLAND

IMD announces its 2012 World Competitiveness Rankings

LAUSANNE, SWITZERLAND: IMD, a top-ranked global business school based in Switzerland, has announced the findings of its annual World Competitiveness Yearbook (WCY). The WCY rankings measure how well countries manage their economic and human resources to increase their prosperity.

1 Jun 2012