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Absa sues Zambia for $74m

07:16am | The Zambian government is ready to face Absa Bank in court for $74.3-million sought over the breach of a feedstock contract."
» Eskom gets massive hike
» Supermarkets face scrutiny
» Consumers feel power pinch
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    Gautrain on track

    train tracks | World-class. State-of-the-art. Spare no expense. The Gautrain is a PR dream, apparently.
  • Bank on SA

    | The SA banking system remains stable, and banks are adequately capitalised and profitable.
  • HIGHLIGHTS »

    Recession rations

    | Tea, water and biscuits are replacing lavish meals at some government meetings.
  • Cutting up the form book

    sxc.hu | With the prime interest rate remaining at 11 percent, the question is: what next?
  • Electric avenues

    US automaker Tesla Motors unveiled on Thursday its state-of-the-art five-seat sedan.
    AFP

    Backlash against bonuses

    Massive AIG bonuses are igniting a backlash against the idea of govt support for Wall St.

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    Rand in thin trade

    R200 bank note The rand remained steady in a range on Friday afternoon, amid thin volume trade.

    JSE little moved

    AFP The JSE closed flat on Friday taking a lead from Euro markets amid a holiday in the US.

    Euro suffers drop

    European stock markets suffered sharp sell-offs on Thursday on news of US job losses.

    Wall St falls hard

    AFP Wall Street fell hard on Thursday after a govt report highlighted a weak labour market.

    Oil on the slide

    SXC Oil prices sank under 67 dollars on Thursday after weak jobs data quashed hopes of recovery.

    Oil extends losses

    SXC Oil prices extended losses after falling on data revealing a drop in US petrol products.

    IDC approvals up

    Summit TV speaks to the IDC about their efforts to get stressed firms through the recession.

    Green shoots?

    SA's consumers felt more upbeat in the second quarter of 2009. Summit TV wonders why.