Updated: 8am GMT -- 2006/12/11
Business
It’s an uphill struggle, but opening a business gives you financial freedom
Richard Makutu lives his dream by quitting his job and sets out to build up his own business from scratch By ZWELI MOKGATA Business Correspondent RICHARD Makutu earns less than R5000 a month but his Azania Signage and Printing business has ...
How to pick the right business idea
lSome people say that the most important business is one in which you love what you are selling, and this is mostly true. If you enjoy doing the job, then get a job doing it, simple as that. l Choose a business you believe in. If you ...
Tiger Automotive celebrates its success by funding CIDA students
By LIHLE Z MTSHALI Business Correspondent INSTEAD of hosting a lavish party to commemorate its listing on the JSE today, Tiger Automotive will be giving two underprivileged South Africans a free year of tuition at CIDA city campus in Johannesb...
Exports are growing and the current account deficit’s down
But Reserve Bank still cools overheated economy SOUTH Africa’s current account deficit continued to shrink in the third quarter of 2006 – from 5,7% of the gross domestic product in the second quarter to 5,2%. In value terms, the balance s...
DaimlerChrysler to invest $133m in technology centre
VEHICLE manufacturer DaimlerChrysler AG said at the weekend it will invest some $133 million through 2011 to expand its technology centre in Sindelfingen, Germany. The German-American company’s management board approved the construction of a pair...
Analyst speculation causes BoA shares dive
SHARES of Bank of America fell on Friday after an analyst speculated the bank may bid for London-based Barclays. “The next phase of its expansion is to become a leading global commercial and investment bank,” Merrill Lynch research analyst E...
If music rocks your boat, become a publicist
You can then create a buzz around musicians to promote their music By LIHLE Z MTSHALI Business Correspondent MUSIC lovers the world over wait with bated breath and ears glued to their radios every time news that their favourite artist has re...
Learn how to talk the talk
l Your biggest strengths as a publicist will be your ideas about marketing and your communication and people skills. l To this end, a degree or diploma in journalism and/or a diploma in marketing would come in handy. l These q...
In Brief.......
Vehicle sales to suffer as interest rates climb THE South African motor industry will experience decline in sales as a result of the interest rate hikes. The Reserve Bank announced on Thursday that it would be raising interest rates by a further ...
Bourse down as stocks fall in London
THE JSE ended in the red on Friday after a Merrill Lynch report knocked heavyweight resources stocks in London, dealers said. Volumes were fairly light after a lethargic, uninspiring day’s trade. The all-share index closed 0,4% lower. Resources...
Key Numbers
Rand/dollar.................R7,03 Gold....................$637,70/oz Oil...................$63,66/barrel Gold miner DRDGold clawed back nearly 5,5% of its shares after grappling with substantial losses during the last week as a result of news it...
Rates
BRITISH STERLING GBP 13.5349 EURO EUR 9.1387 UNITED STATES DOL USD 6.8436 ARAB EMIRATES DIR AED .5540 AUSTRALIAN DOLLAR AUD .1863 BOTSWANA PULA BWP .8881 CANADIAN DOLLAR CAD .1711 SWISS FRANC CHF .1735 CZECH KRONER CZK 3.8050 DANI...
SHIPS
In port last night: GC55 at steelpile, dredger Crane F Arrived yesterday: Tugela (06:30) from Durban to K corner Sailed yesterday: Tugela (15:17) to Port Elizabeth Due today: Nil Eastern Cape South Afri...
