Telkom confirms impairment

Pretoria – Telkom on Tuesday announced its decision to impair the carrying value of its assets by R12 billion with the net asset value being reduced around R34 a share. Last week, the company said its board was considering the impairment, which is a reduction of...

Eskom wins award

Pretoria – Eskom has been named the overall winner of the 2013 Nkonki State Owned Companies (SOC) Integrated Reporting Awards for a second year running. The awards recognise state-owned companies that have excelled in integrated reporting in the country in 2012....

Property Prices To Date

Despite some crazy newspaper headlines about what’s happening to property prices, whether they are up or down, the reality is that from a national average property price perspective, nothing much is happening. And this has been the picture for the last two years...

EU, Trade and investment talks

Pretoria – A South African delegation, led by President Jacob Zuma, is in talks with representatives from the European Union (EU), where ways to boost trade and investment are being discussed. After doing his 67 minutes of service on Mandela Day in Danville,...

Food Tourism Helps Boost Economy

According to Visit Wales, the tourism industry in North Wales already injects £2.1 billion a year into the Welsh economy, with visitors to Wales on average spending almost a fifth of their holiday budget on food & drink, providing over 200,000 people with jobs in...

Fransman in Peru to strengthen ties

Pretoria – International Relations and Cooperation Deputy Minister Marius Fransman has arrived in Lima, Peru, as part of his four-nation tour to Latin America. Fransman’s visit to Peru, according to his department, will be used to strengthen political,...