SABC News - Business: Economic, finance and market updates.

Sony increased its annual operating profit forecast for the gaming unit by 40% to 35 billion yen after selling 3.3 million PlayStation 4 consoles in its second quarter.

Sony gains smartphone lift despite its own mobile malaise

Saturday 1 November 2014 09:26

Sony Corp posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring programme is paying off.

Sony gains smartphone lift despite its own mobile malaise

Saturday 1 November 2014 09:26

Sony Corp posted a smaller than expected second-quarter operating loss on Friday, hailed by its finance chief as proof that the Japanese group's restructuring programme is paying off.

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Farmers discover land reform model for SA

Saturday 1 November 2014 08:21

Commercial farmers believe they have found the right model for land reform in South Africa.

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Fuel prices to drop next Wednesday

Friday 31 October 2014 19:49

The Energy Department says the price of petrol will drop by 45 cents a litre next week.

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Petrol price decrease announcement expected on Friday

Friday 31 October 2014 08:35

A major decrease in the fuel price could be announced on Friday. Economists say the price of petrol is set to fall by almost 50 cents a litre, while the drop in the diesel price could be even more.

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Samsung seeks smartphone revamp to arrest profit slide

Friday 31 October 2014 06:45

Samsung Electronics Co. Ltd on Thursday said it would revamp its smartphone line-up to take on competitors

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Twitter to partner on business data analytics

Thursday 30 October 2014 15:36

IBM has announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide.

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Numsa, Transnet at loggerheads over R50 billion tender

Thursday 30 October 2014 05:48

Transnet says it is preposterous for Numsa to demand the scrapping of a R50 billion tender to build more than 1 000 locomotives to replace the ageing fleet.

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Post Office strike could soon be over

Wednesday 29 October 2014 19:00

Striking South African Post Office workers could go back to work as early as Monday.

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Facebook slide weighs on futures: Fed statement eyed

Wednesday 29 October 2014 15:25

US stock index futures were mixed on Wednesday, with S&P 500 and Nasdaq futures weighed by a sharp decline in Facebook shares.

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South African banks remain well capitalised

Wednesday 29 October 2014 14:51

The South African Reserve Bank says it's keeping a close eye on consumer's ability to service their debts amid rising unemployment and the current rate tightening cycle.

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