Archive for: February, 2017

JSE revenues defy 2016 economic tests

JSE

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE Johannesburg Stock Exchange (JSE) Group has announced a marginal growth in earnings to R920 million in the past year characterized by tough market conditions. The earnings were 2 percent up from R899 million gained in 2015. “2016 was a challenging year for both the JSE and its […]

Nigeria Senate wants ties with SA re-assessed

SENATE HOUSE

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – THE Nigerian Senate has recommended that government reconsiders” diplomatic ties with South Africa in the wake of the attacks against citizens of the West African country. At a plenary session on Tuesday, legislators condemned the violence they termed as “xenophobic attacks and extra judicial killings” […]

Former FIFA SG Valcke challenges ban

Jérôme Valcke, former Secretary General of the Fédération Internationale de Football Association (FIFA)

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – JEROME Valcke, the disgraced former Secretary General of the Federation of International Football Associations (FIFA), has filed an appeal at the Court of Arbitration for Sport (CAS) to contest his ten-year ban from football-related activity. The French executive, who was banned in 2016, seeks to have the decision […]

Lagos summit tackles African oil industry issues

seven energy oil

From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – ISSUES of sustainability and frontier exploration affecting oil companies in the region will top the agenda at the Sub-Sahara Africa Upstream Oil and Gas Summit and Exhibition set for Lagos in April. The summit themed “Oil and Gas Business: Prospects and Sustainability in Sub Sahara […]

De Beers unfazed by diamond sales decline

Bruce Cleaver, Chief Executive Officer, De Beers Group

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE De Beers Group of Companies is undeterred by a drop in diamond revenues during the second sale of the year. Sales during the period were US$545 million (provisional), down from $729 million the last sale. On a year-on-year basis, sales fell from $617 million. Bruce Cleaver, Chief […]

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