Indian IT company SoftPro Systems has acquired Johannesburg-based Cura Software for approximately US$19-million (about R150.6-million), as part of its efforts to position itself as a global market leader in the governance, risk and compliance technology industry.

The taxi operators' rejection of the Bus Rapid Transit system will not stop plans to transform transport in the country, the Gauteng government says, adding that the system's September deadline would not be changed, barring infrastructural challenges.

A summit on the rising costs of fuel will be held by the Department of Energy to discuss the rising prices of all fuel, though fuel subsidies are not on the cards.

The start of the filing period of the 2009 tax season for individual taxpayers and trusts has begun, and taxpayers can now submit their income tax returns to Sars electronically, or request a customised, pre-populated tax return for manual submission.

Global brewing giant SABMiller has unveiled black economic empowerment deal that will see approximately 10% in South African Breweries, worth approximately US$750-million (about R6-billion), being transferred to its employees, black owned retailers and major customers, and the SAB Foundation.