Business

South African banks healthy, robust: SARB

South Africa's banking sector is healthy and robust, the South African Reserve Bank (SARB) said on Tuesday, adding that it disagreed with the decision by ratings agency Moody's to downgrade the country's "big four" commercial banks.

FNB opens mobile cross-border payments

Mobile video-streaming app for low-bandwidth Africa

A South African developed video streaming solution, specially designed to cater for the low-speed internet environment encountered in most parts of Africa, has been released as a free mobile application for Apple and Android phones.


Southern Africa to drive industrialisation

Southern African leaders put industrialisation at the top of the SADC's agenda as their two-day summit in Zimbabwe ended on Monday, ordering a ministerial task force on regional economic integration to develop a roadmap for industrialisation in the region.


Nigeria-South Africa forum to discuss intra-African trade

A meeting of the Nigeria-South Africa Chamber of Commerce, to be hosted by Brand South Africa in Lagos, Nigeria on Thursday, will discuss Africa's competitiveness and ways of boosting intra-African trade.

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Market report

Resources slump on BHP Billiton earnings

The JSE shed 0.4% on Tuesday, despite strong international markets, following the release of poorer-than-expected earnings by heavyweights Shoprite and BHP Billiton.

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