Vulgate Investments

21/06/2012

Petrol price could drop further in July

http://www.fin24.com/Economy/Petrol-price-could-drop-further-in-July-20120619

Petrol price could drop further in July| Fin24|Economy| The Department of Minerals and Energy could implement a retail petrol price cut of about 73c/l on July 4‚ provided the daily under-recovery remains near the June 18 level.

21/06/2012

Sappi prices $700m notes offering

http://www.fin24.com/Companies/Industrial/Sappi-prices-700m-notes-offering-20120621

Sappi prices $700m notes offering| Fin24|Companies|Industrial| Pulp and paper group Sappi has priced its upsized bond offering to raise $700m of new senior secured notes.

19/06/2012

**STOCKWATCH ALERT**

Vodacom ups CEO pay by 25% and former Vodacom SA MD receives R8.6m for the seven months of the fiscal year.

http://www.moneyweb.co.za/mw/view/mw/en/page292518?oid=574643&sn=2009+Detail&pid=287226

Vodacom, Pieter Uys, Sipho Maseko,

19/06/2012

fruitless search for major new diamond deposits might be considered a setback for De Beers'

http://www.fm.co.za/fm/Features/2012/06/11/diamond-de-beers

Philippe Mellier says that with sales of US$7bn last year, De Beers had less than a 10% share of the total global diamond chain of $70bn, so there was scope to move into other downstream sectors.

19/06/2012

MMI to stick with partner Kagiso Tiso

http://www.businessday.co.za/articles/Content.aspx?id=174429

News about business and finance

19/06/2012

Telkom share price up on delisting claims

http://www.businessday.co.za/articles/Content.aspx?id=174503

News about business and finance

18/06/2012

SA should focus on infrastructure to unlock resource riches

http://www.africainvestor.com/article.asp?id=10403

18/06/2012

We're not corrupt, says MTN

http://www.africainvestor.com/article.asp?id=10398

18/06/2012

African business and government leaders to meet at World Bank Annual Meetings in Tokyo

http://www.ainewswire.com/?p=1098

Johannesburg, South Africa; 13 June 2012: Africa investor (Ai), a leading international investment and communications group, has announced that it will convene Africa’s most prominent business and government leaders at the Africa investor CEO Investment Climate Summit on the 11th of October in Tokyo...

18/06/2012

Rich countries prospered without worrying much about the environment. Poor and middle-income countries do not have that luxury


http://www.economist.com/node/21556904?fsrc=scn/fb/wl/ar/shootsgreensandleaves

ON THE southern shore of Lake Naivasha, Kenya’s lush Rift Valley holds an unexpected scent of English summer. For inside vast plastic greenhouses grow mile upon mile of roses.

15/06/2012

http://www.businesslive.co.za/incoming/2012/06/15/tough-trading-likely-to-continue--pick-n-pay

THE country’s second-largest retailer, Pick n Pay (P*K), is operating in a time of tightened consumer spending, increased competition in the retail sector, and increased food inflation and utility costs, the retailer’s chairman, Gareth Ackerman, said on Friday.

15/06/2012

***Sector Alert***

SA car exporters increase earnings.

http://www.moneyweb.co.za/mw/view/mw/en/page295043?oid=574290&sn=2009+Detail&pid=294690

Car exports, US vehicle sales,