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Welcome to SAICA industry news, here you will find daily update industry news from the South African financial sector and world markets. A trader accused of fraud over a $2.3 billion loss in unauthorized trading reported by Swiss banking giant UBS pleads not guilty in a London court. The trial of the trader, Kwaku Adoboli, is due to begin September 3.
(Mon, 30 Jan 2012 08:59:23 EST)
Greece's finance minister angrily rejected a German plan for the eurozone to impose a budget overseer onto Athens in return for a new ?130bn bail-out, saying it would improperly force his country to choose between "financial assistance" and "national dignity".
(Sun, 29 Jan 2012 19:15:34 EST)
There was a whiff of inevitability about the decision by Stephen Hester, the Royal Bank of Scotland chief executive, to waive his £1M ($1.57M) bonus late last night, as the political and media furor mounted.
(Mon, 30 Jan 2012 00:58:19 EST)
Iran's oil minister said on Sunday that oil sales to "some countries" would be halted soon, amid pressure from the parliament that the government should pre-empt a looming European embargo.
(Sun, 29 Jan 2012 21:13:14 EST)
The German government wants Greece to cede sovereignty over tax and spending decisions to a eurozone "budget commissioner", according to a copy of the proposal obtained by the Financial Times.
(Sat, 28 Jan 2012 04:29:08 EST)
Municipal employees in Oakland worked Sunday to clean up damage they said was caused hours earlier by Occupy protesters, "possibly 400" of whom were arrested for breaking into a YMCA and City Hall and challenging police.
(Sun, 29 Jan 2012 20:51:58 EST)
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The outcome of an appeal against a five-year suspension by embattled ANC Youth leader Julius Malema has been delayed, its parent says.
(Sat, 04 Feb 2012 11:31:56 +0200)
An off-duty police constable has shot and killed his girlfriend before turning the gun on himself, Gauteng police have said.
(Sat, 04 Feb 2012 10:57:27 +0200)
New Zealand have beaten Fiji in the final of the fourth leg of the IRB Sevens World Series at the Westpac Stadium in Wellington.
(Sat, 04 Feb 2012 11:42:08 +0200)
Syria's army randomly bombarded the protest hub of Homs, killing at least 260 civilians in one of the "most horrific massacres" in the country's uprising, an opposition group has said.
(Sat, 04 Feb 2012 10:12:32 +0200)
US actor Ben Gazzara, who enjoyed a long and successful career on Broadway and in Hollywood, has died of pancreatic cancer.
(Sat, 04 Feb 2012 12:11:07 +0200)
Dozens of Syrian dissidents have stormed their country's embassy in Cairo, ransacking the mission and setting fire to its ground floor.
(Sat, 04 Feb 2012 10:17:14 +0200)
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by Dr Jacek Guzek, Director at Deloitte Consulting For more information or a detaled discussion on the subject, contact Abrie Olivier (Mining Industry Leader) at aolivier@deloitte.co.za or +27 (0)82 874 6040 and Jacek Guzek (Associate Director) at jguzek@deloitte.co.za or +27 (0)82 940 6896. Who actually benefits from mining? Although the tide of resource nationalism has risen [...]
(Sat, 04 Feb 2012 01:07:28 +0200)
High-level team dispatched to engage with the Transnet National Ports Authority.
(Fri, 03 Feb 2012 19:15:27 +0200)
Supported by positive US employment data.
(Fri, 03 Feb 2012 18:43:15 +0200)
After it fired 17 200 workers.
(Fri, 03 Feb 2012 17:17:11 +0200)
...permanently.
(Fri, 03 Feb 2012 16:37:51 +0200)
Sells Skandia AB to Skandia Liv for £2.1bn.
(Fri, 03 Feb 2012 18:29:38 +0200)
Supported by positive US employment data.
(Fri, 03 Feb 2012 18:43:15 +0200)
Sells Skandia AB to Skandia Liv for £2.1bn.
(Fri, 03 Feb 2012 18:29:38 +0200)
Tough environment impacting on all investment banks.
(Fri, 03 Feb 2012 13:10:40 +0200)
Says Q3 of 2012 financial year has been challenging.
(Fri, 03 Feb 2012 09:15:13 +0200)
At least 83% of nearly 14m households do not earn enough to qualify for bank home loans.
(Fri, 03 Feb 2012 06:27:08 +0200)
Only eight members to remain when Von Zeuner moves to non-executive role in 2013.
(Wed, 01 Feb 2012 17:43:37 +0200)
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