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The US lender, CIT Group, has filed for bankruptcy protection, after a failed debt-exchange offer to bondholders. ┬á CIT Group suffered as the credit crisis left it unable to fund itself, and the recession exposed it to many bad loans. CIT has been fighting to stay alive ever since the federal government refused to inject more cash into the small business lender, after the investing $2.33 billion in December 2008 through the Troubled Asset Relief Program (TARP). ┬á It isnÔÇÖt a typical scenario.

Consumer confidence in the UK has risen to its highest level for 18 months according to research by the British Retail Consortium (BRC), but there is still a major concern about jobs.
 

Being a large private organization and also being a great place to work don’t automatically happen together.

Project manager Richard Malowiecki tells Gary Toushek of the many challenges Golding Contractors has had to overcome to build a replacement bridge in an environmentally sensitive area.

Golden opportunity
Volta Resources Inc. is celebrating its recent acquisition of the Kiaka Gold Project. Chief operations officer Victor King talked to Jayne Flannery about the most exciting development to date in the companyÔÇÖs history of mineral exploration.

At your service
With many companies vying for business in South AfricaÔÇÖs mining and power industries, Henk Stoltz, CEO of Utility Services, explains to Jane Bordenave how the companyÔÇÖs quality products and service set it apart from the competition.

Fuelling a renaissance
The R├Âssing Uranium Mine, part of the Rio Tinto Group, is enjoying a renaissance as global demand for uranium soars. Werner Ewald, manager of Mine Operations, talked to Jayne Flannery about the new ethical face of mining.
Uranium is a common element that is found in the earth all over the world. When processed into uranium oxide (U3O8), it is a fundamental building block in the creation of nuclear energy.

Take one truck
...and build a business. That is the story behind Prime Invest Transport, which has now built a successful trucking business that extends across South Africa, as Ruari McCallion discovers.

Logical logistics
OneLogix is getting noticed on the Johannesburg Stock Exchange as it grows its portfolio of established, asset-rich niche businesses. There is just one qualification for membership, CEO Ian Lourens told John OÔÇÖHanlonÔÇöan entrepreneurial spirit that is still alive and well.