Recently added articles from The Sunday Independent (South Africa):
Upshot of the dollar's demise.(Business Report Weekend)
Nov 01, 2009 ... BYLINE: Joseph Edozien Both the rhetorical and policy responses from the monetary authorities in the US to the not-so- veiled undermining of confidence in the global currency reserve status of the dollar from other monetary authorities, notably from China and Russia, have been ...
Four simple steps to claw UK out of its longest recession.(Business Report Weekend)
Nov 01, 2009 ... And yet the UK economy keeps on getting smaller. Last week, the government said gross domestic product (GDP) dropped 0.4 percent in the third quarter. At this rate, even Iceland will pull out of recession before the UK does. Prime Minister Gordon Brown keeps boasting ...
Rise of Elkann could finally lead to demise of car maker; zz Court cases against senior advisors and inheritance dispute challenge Italy's dynasty.(Business Report Weekend)
Nov 01, 2009 ... BYLINE: Vernon Silver and Sara Gay Forden The Turin-based maker of Ferraris had lost money in each of the previous four years. Instead of using cash to repay a loan of e3 billion (R34.2bn), equivalent to $3.6bn (R28bn) at the time, Fiat issued new shares to the lenders in ...
inside statistics New gauge to indicate job market's true health.(Business Report Weekend)
Nov 01, 2009 ... What draws attention in the results is the stability of the unemployment rate over the three quarters, at 23.5 percent, 23.6 percent and 24.5 percent, respectively. While the decline in employment reflects the continued and corresponding deteriorating conditions in the economy, the ...
Curators milking distressed firms millions, says FSB; zz R126m raked in from pension funds under administration.(Business Report Weekend)
Nov 01, 2009 ... BYLINE: Wiseman Khuzwayo Curators are making a killing out of administering insolvent or distressed pension funds. This emerged in a response to a parliamentary question by Dion George of the DA by the Financial Services Board (FSB), which revealed that curators had ...