ECDC loan turns around business

ECDC loan turns around the fortunes of a local business. An R800 000 Eastern Cape Development Corporation (ECDC) loan has helped to turn around the fortunes of a local filling station. The Mtembu family’s Caltex filing station in Ulundi has in less than two years...
Global Capital Market in doubt

Global Capital Market in doubt

Davos – The global capital market, having been spoiled over the years by ample liquidity, may be put to the test with the US Federal Reserve’s tapering of quantitative easing (QE) measures. Global business elites and government officials, pooling wisdom at...
Carl Icahn invests in Apple

Carl Icahn invests in Apple

Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company’s cash hoard. Icahn, who repeatedly has...

Discovery Communications To Acquire Eurosport

Discovery Communications and TF1 Group today announced Discovery would acquire a controlling interest in Eurosport International through an extension of their larger strategic partnership first announced in December 2012. The deal to increase Discovery’s...

Europe as German Empire

A year ago I described Europe as being, in all but name, Germany’s empire of 500 million people – but one about to become a major burden. It would nevertheless stand by its “troubled empire.” Notwithstanding domestic opposition, Germany would “provide or...