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Industrial

Denel tears into Gordhan, defends Guptas

Aug 30 2016 21:55

Denel has strongly criticised Finance Minister Pravin Gordhan and National Treasury over a joint venture with Gupta-linked VR Laser Asia.

Economy

Sarb responds to Jessie Duarte's rand rant

Aug 30 2016 21:18

The SA Reserve Bank maintains it is an independent institution after ANC bigwig Jessie Duarte inferred it was failing to protect the rand because it is privately owned.

Eskom

Eskom gives in to Treasury on coal report

Aug 30 2016 20:12

Eskom indicated that it will hand over information required by the Treasury, which is investigating the utility's coal contracts.

Economy

Rand in for skittish ride as ANC power battles set to heat up

Aug 30 2016 21:32

Power struggles within government are likely to increase, promising further rand volatility in the months ahead, according to Overberg Asset Management.

BizNews

Mayor Mashaba – some service delivery please

Aug 30 2016 23:25

We can only hope for the best as for the first time since democracy, many local councils and metros will be run by minority governments, says an analyst.

Economy

Stop Chinese steel dumping in SA, urges Solidarity

Aug 30 2016 19:44

Solidarity is calling for urgent measures to stop Chinese dumping in the steel industry, which has already suffered about 11 000 job losses last year.

Currencies

Rand slips on Mantashe's apparent swipe at Gordhan

Aug 30 2016 19:09

The rand has taken a whack following ANC secretary general Gwede Mantashe's comments that officials who are charged should step down from their roles.

Economy

New EU deal will boost local jobs, parly hears

Aug 30 2016 19:29

The partnership between the EU and seven of the SADC member states will go a long way to create new job opportunities, says the ANC's Joanmariae Fubbs.

 

In other news

IMF insists on international audit of Mozambique debt

Aug 30 2016 19:27

The IMF is demanding an external forensic audit of Mozambique's public debt to regain investor confidence after a scandal over more than $2bn in secret loans.

Integrated pest management key to reduce pesticides

Aug 30 2016 19:23

Tru-Cape’s ability to sell more SA apples and pears is supported by growers and packers that meet and often exceed high global standards.

Women flex muscle at upcoming SME expos

Aug 30 2016 16:41

Two SME expos show that women are no longer niche, as consumers, as working professionals and as business leaders and owners, say the organisers.

Oil trades near $47 as US glut seen easing

Aug 30 2016 14:28

Oil has traded near $47 a barrel before data forecast to show that gasoline stockpiles declined while crude inventories increased in the US, the world’s top oil consumer

VW CEO sees first fruits from turnaround effort

Aug 30 2016 10:48

Volkswagen boss has said it will take two to three years for his revamp to bear fruit as he faces internal opposition to his shift of the car maker toward new technologies.

Tokyo shares flat by break, soft data offsets weak yen

Aug 30 2016 10:28

Tokyo shares have ended the morning session flat as tepid data and profit-taking from the previous day's jump offset a weaker yen and a rally on Wall Street.

Asia markets track Wall St up, US jobs in focus

Aug 30 2016 07:46

Asian markets have risen with Tokyo recovering from losses as expectations of a US rate hike and talk of Japanese monetary easing pushed the yen down against the dollar.

US stocks rise on Fed rate hike talk

Aug 30 2016 07:43

US shares have risen with investors' mood buoyed by hints from the US Federal Reserve of an interest rate hike because of strong growth.

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR108.00R4.254.10%
MSM Massmart Holdings LimitedR134.14R4.143.18%
CCO Capital & Counties Proper...R55.35R0.971.78%
OMN Omnia Holdings LimitedR175.49R3.021.75%
ROC Rockcastle Global Real Es...R37.00R0.551.51%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ORL Oakbay Resources And Ener...R18.00R-2.95-14.08%
GFI Gold Fields LimitedR77.90R-3.55-4.36%
SGL Sibanye Gold LimitedR58.66R-1.84-3.04%
AMS Anglo American Platinum L...R407.38R-12.62-3.00%
ATT Attacq LimitedR18.20R-0.46-2.47%
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