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Alarm that’s crucial to a country’s well-being 2019-08-07 09:30:00OPINION: An alarm most of the time is an irritant, but a public alarm is not only an irritant but a threat to power … writes Dr Pali Lehohla.

Data is to 21st century what oil, steel 2019-08-07 09:00:00Ebrahim Patel punted the adoption of digitization as a strategy to address the challenges of geography, connect economies and industrialize Africa.

Huawei reports growth of 23% in sales despite 2019-08-07 08:40:00Huawei announced its business results for the first half of 2019: CNY401.3 billion in revenue, a 23.2% increase over the same period last year. report

Agoa’s positive impact felt in the Cape 2019-08-07 08:30:00The US is the Western Cape’s top foreign direct investor and directly contributes to almost 100 foreign direct investment projects worth $2.3

Stenprop continues to deliver growth from its UK 2019-08-07 08:00:00CEO said in a trading update for April 1 to June 30 that tenant demand had also continued to be strong, with supply constrained.

Invicta Holdings latest addition to secondary listing on 2019-08-07 07:00:00Invicta Holdings will list its ordinary shares with a R2.6bn market cap and its preference shares with a R660m market cap on August 13.

Mineral Resources says probe into Mpumalanga graft to 2019-08-07 06:46:00The Department of Mineral Resources and Energy said on Wednesday that it was in the process of completing its investigation.

Mastercard to buy Danish Nets payments platform to 2019-08-07 06:00:00The company said that the purchase will hurt profit for as long as two years after it’s is completed, which is expected in the first half of 202

Sacci reiterates call for government to act as 2019-08-07 05:35:00South African Chamber of Commerce and Industry reports a decline in the Business Confidence Index in July after a marginal improvement in June.

RBPlat faces 25% wage hike after posting a 2019-08-07 05:30:00Royal Bafokeng's chief executive says that wage talks with the National Union of Mineworkers have begun.

Corporate SA should increase number of women at 2019-08-07 05:19:00Corporate South Africa needs to pay more attention to increasing the number of women at leadership level.

WATCH: Why small businesses battle to access funding 2019-08-07 05:00:00And even though there are about 2.5 million SMEs in the country, the biggest stumbling blocks they encounter still revolve around risk barriers.

Reuters: Business News

FedEx to end ground-delivery partnership with Amazon 2019-08-07 09:22:00FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focu

Wall Street set to open lower as investors 2019-08-07 09:16:09Wall Street was set to open lower on Wednesday, as investors sought safety in gold and government bonds on worries about the impact of a long-drawn tr

Capri cuts sales forecast as Michael Kors demand 2019-08-07 09:06:56Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled with

Ryanair to shut Faro base in Portugal in 2019-08-07 09:05:25Ryanair has decided to close its base at Faro International Airport in southern Portugal from next year with the loss of at least 120 jobs, the SNPVA

Reliance Industries set to bring Tiffany stores to 2019-08-07 09:04:32India's Reliance Industries Ltd is partnering with iconic U.S.-based luxury jeweller Tiffany & Co to open a line of stores in the country, addi

SEC says may give firms more time to 2019-08-07 08:28:03The U.S. Securities and Exchange Commission (SEC) could extend a 30-month grace period granted to Wall Street firms to comply with European Union inve

Great Wall says BMW venture faces regulatory uncertainties 2019-08-07 08:23:06China's Great Wall Motor on Wednesday said that its joint venture with BMW faced regulatory uncertainties as both companies pledged to proceed with

Oil sets new seven-month low on trade tensions 2019-08-07 08:21:35Oil prices fell further on Wednesday, extending recent heavy losses as deepening U.S.-China trade tensions weighed on the outlook for the global econo

Subway to test Beyond Meat meatball in North 2019-08-07 08:21:01Subway Restaurants will test Beyond Meat Inc meatballs in 685 restaurants across the United States and Canada starting next month, the latest chain t

PSA shares spike on report Dongfeng exploring options 2019-08-07 08:16:58PSA's shares briefly rose as much as 6.6% on Wednesday and trading volumes spiked after a Bloomberg report said Dongfeng Motor Corp is exploring op

Cobalt, Africa setbacks shrink Glencore's first-half profit 2019-08-07 08:03:35Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, while a fall in cobalt price

Wendy's quarterly revenue falls short of estimates 2019-08-07 07:56:16Burger chain Wendy's Co reported quarterly revenue on Wednesday that fell short of analysts' estimates, hit by tough competition in a crowded U.S.

Trading Economics

Zambia Composite PMI 2019-08-06 04:52:00Composite Pmi in Zambia decreased to 44.40 in July from 46.60 in June of 2019. Composite Pmi in Zambia is reported by Markit Economics. The Stanbic Ba

Zambia - Credit Rating 2019-08-03 20:01:00Standard & Poor's credit rating for Zambia stands at B- with negative outlook. Moody's credit rating for Zambia was last set at Caa2 with negati

Zambia Money Supply M3 2019-08-03 08:42:00Money Supply M3 in Zambia decreased to 63736175 ZMK Million in June from 64801114.95 ZMK Million in May of 2019. Money Supply M3 in Zambia averaged 24

Zambia Cpi Housing Utilities 2019-08-03 08:41:00Cpi Housing Utilities in Zambia increased to 244.55 Index Points in July from 243.63 Index Points in June of 2019. Cpi Housing Utilities in Zambia ave

Zambia CPI Transportation 2019-08-03 08:39:00The transportation sub-index of the CPI basket in Zambia increased to 275.91 Index Points in July of 2019 from 274.82 Index Points in June of 2019. CP

Deposit Interest Rate in Zambia 2019-08-03 08:37:00Deposit Interest Rate in Zambia decreased to 8.20 percent in June from 8.26 percent in May of 2019. Deposit Interest Rate in Zambia averaged 17.04 per

Zambia Food Inflation 2019-08-03 08:28:00Cost of food in Zambia increased 9.30 percent in July of 2019 over the same month in the previous year. Food Inflation in Zambia averaged 8.88 percent

Zambia Exports 2019-08-03 08:28:00Exports in Zambia decreased to 7994 ZMK Million in June from 8717 ZMK Million in May of 2019. Exports in Zambia averaged 3449.28 ZMK Million from 2003

Zambia Imports 2019-08-03 08:28:00Imports in Zambia increased to 8511 ZMK Million in June from 8215 ZMK Million in May of 2019. Imports in Zambia averaged 3500.25 ZMK Million from 2003

Zambia Interest Rate 2019-08-03 08:22:00The benchmark interest rate in Zambia was last recorded at 10.25 percent. Interest Rate in Zambia averaged 10.25 percent from 2012 until 2019, reachin

Zambia Consumer Price Index Cpi 2019-07-26 05:04:00Consumer Price Index Cpi in Zambia increased to 229.48 Index Points in July from 228.54 Index Points in June of 2019. Consumer Price Index Cpi in Zamb

Zambia Inflation Rate 2019-07-25 10:40:00The inflation rate in Zambia was recorded at 8.80 percent in July of 2019. Inflation Rate in Zambia averaged 9.68 percent from 2005 until 2019, reachi

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Govt set to ease rules for entry into 2019-08-07 09:15:34The new rules would allow convenience stores, shopping malls and hypermarkets to sell fuels if they are eligible, said an oil ministry source

As crisis deepens, auto industry seeks stimulus package 2019-08-07 08:31:10Auto industry leaders on Wednesday asked the government for a stimulus package, including GST reduction on vehicles, for the sector which has been hit

Banks must transmit RBI rate cut to hike 2019-08-07 08:19:14The Reserve Bank of India's (RBI) Monetary Policy Committee on Wednesday cut the interest rate by 35 basis points -- the fourth successive reduction

Emerging Asian economies' reserves put to test as 2019-08-07 08:09:14Central banks in Thailand, India, Indonesia and South Korea boosted their reserves this year as global policy easing fueled foreign inflows and pushed

HCL Tech Q1 net falls 8% YoY to 2019-08-07 07:13:42Revenue for the quarter under review came in at Rs 16,425 crore, up 18.4 per cent YoY and 2.7 per cent on quarter-on-quarter (QoQ) basis.

Analysts see gold price hitting Rs 40,000 per 2019-08-07 07:04:56In Mumbai's physical market, standard gold (995 purity) was trading at Rs 36,850 on Wednesday, nearly Rs 1,000 lower than in the futures market

Mahindra warns of job losses in auto sector, 2019-08-07 06:25:20A slump in sales is also triggering massive job cuts in the sector that employs 35 million people directly and indirectly

Why RBI slashed repo rate by 35 bps 2019-08-07 06:22:13Various high frequency indicators, the RBI said, suggested weakening of domestic and external demand conditions.

MARKET WRAP: Sensex dips 286 pts, Nifty ends 2019-08-07 06:16:54All that happened in markets today

M&M slips 4% to hit an over 5-year 2019-08-07 05:14:58Operational revenue during the quarter declined by 7 per cent to Rs 26,041 crore against Rs 28,062 crore in the corresponding quarter of the previous

M&M consolidated PAT falls 52.56% in June quarter 2019-08-07 05:13:20Its total income during the period stood at Rs 26,289.48 crore as compared with Rs 26,260.64 crore in the corresponding quarter a year ago

RBI provides more liquidity to NBFCs, won't allow 2019-08-07 05:08:05The NBFC segment has been facing trouble since the collapse of the infra-focused IL&FS in September 2018

Business News - UPI.com

USS Carter Hall travels to Brazil for UNITAS 2019-08-05 15:43:45 The dock landing ship USS Carter Hall left port in Virginia to travel to UNITAS LX, an annual, multinational exercise in the Atlantic and Pacific wat

Rockwell Collins receives $40.2M contract for E-8 simulator 2019-08-05 15:06:33 Rockwell Collins Simulation & Training Solutions won a $40.2 million contract for E-8 Aircrew Training Device sustainment, the Defense Department

Raytheon delivers prototype mid-band jammer for use on 2019-08-05 14:44:19 Raytheon Co. announced the first delivery of its newest mid-band jammer to the U.S. Navy on Monday, the first of 15 it was contracted to design and p

Pentagon: Cost of F-35 fighter plane program up 2019-08-05 13:00:12 The cost of the U.S. military's F-35 Lightning II Joint Strike Fighter program rose by $25 billion in 2018, the Pentagon said in a report, because o

Boeing nets $55.5M for work on KC-46 tanker's 2019-08-05 12:18:24 Boeing Co. received a $55.5 million contract modification for hardware and software engineering and manufacturing on a redesign of the troubled KC-46

Raytheon to produce drone-killing lasers for Air Force 2019-08-05 11:16:31 Raytheon has received a $23.8 million contract to produce prototype high energy laser weapon systems for 12 months of experimentation and field testi

Navy to commission USS Billings Saturday in Key 2019-08-02 13:37:29 The U.S. Navy's 15th littoral combat ship, the Freedom-class USS Billings, will be commissioned Saturday at Naval Air Station Key West, with Lockhee

Raytheon tapped for Afghan air force maintenance training 2019-08-01 13:42:46 Raytheon on Thursday announced a $108 million contract from the U.S. Army, awarded under a previous $2.4 billion deal, to develop a maintenance train

Lockheed awarded $1.1B in contracts for F-16 work 2019-08-01 11:50:51 Lockheed Martin was awarded $1.1 billion in two separate contracts Wednesday for production and support of F-16 aircraft for Slovakia, and F-16 suppo

VA, Defense Department announce milestone in electronic health 2019-07-31 15:26:39 The departments of Defense and Veterans Affairs announced the transfer of 78 billion health records for 23.5 million veterans this week, a milestone

Navy chief nominee Vice Adm. Gilday promises transparency 2019-07-31 13:37:27 Vice Adm. Michael Gilday told a Senate committee he will be transparent about the USS Gerald R. Ford, which had its post-shakedown availability delay

General Atomics to build parts, equipment for MQ-1C 2019-07-31 13:33:42 General Atomics Aeronautical Systems Inc. won a $21.7 million contract modification for work on an unmanned aerial vehicle, the Defense Department a

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