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Economy

Vavi: SA teetering on a knife-edge

May 27 2015 21:15

Statistics SA figures have revealed a horror story of unbelievably bad news for workers and the SA economy, says ex-Cosatu general secretary Zwelinzema Vavi.

Economy

Lower oil price bullish for SA equities

May 27 2015 20:00

A lower oil price would be unequivocally bullish for South Africa’s equity markets, says Overberg Asset Management.

Mining

Implats cancels plans to sell Marula mine

May 27 2015 19:04

Impala Platinum has cancelled plans to sell its Marula mine, saying it would instead aim to increase output at the operation.

Investments

Six red flags of a money scam

May 27 2015 18:00

There are warning signs of a Ponzi or pyramid scam and consumers should treat any offer of an above market return on investment with suspicion, says an expert.

Economy

Joburg, CT most improved in global cities index

May 27 2015 17:00

Johannesburg and Cape Town are showing improvement in the spheres of political engagement and human capital respectively, according to a global report.

Currencies

Rand steady despite dollar rally

May 27 2015 17:41

The rand has steadied in the face of a global dollar rally after poor domestic data knocked it to two-week lows in the previous session.

In the news

Market access vital for SME growth

May 27 2015 17:47

Limited access to market is one of the fundamental barriers to SA’s attempts to boost small and medium enterprises, says an expert.

Eskom

SA power plants face large coal shortfall

May 27 2015 15:33

Eskom faces a 17 million tonne coal shortfall by 2017 at its coal-fired power plants, says Public Enterprises Minister Lynne Brown.

 

In other news

IAG looks to seal Aer Lingus deal

May 27 2015 20:00

After securing approval of the Irish government for its takeover offer for Aer Lingus, IAG must now seek the backing the airline's other major shareholder.

Massmart slides as pricing cuts Game margin

May 27 2015 19:30

Massmart Holdings has fallen the most in a month after price competition at the Game department-store chain caused profitability to lag behind forecasts.

European stocks close sharply higher

May 27 2015 18:54

Europe's main stock markets have closed sharply higher, with London's benchmark FTSE 100 index ending the day up 1.21% at 7 033.33 points.

Deal to out rich-world coal export subsidies elusive

May 27 2015 19:16

The world's richest nations are unlikely to reach a deal to phase out subsidies for coal exports, to reduce the chances of a new global climate change agreement.

Ex-Petrobras official gets a 5-year jail sentence

May 27 2015 18:36

A Brazilian judge has sentenced a former international director at state-run oil firm Petroleo Brasileiro SA to five years in prison for money laundering.

Advertisers pull ads from '19 Kids and Counting'

May 27 2015 18:01

Three companies have decided to remove ads from US cable network TLC's reality show "19 Kids and Counting," in a sign of waning support for the top-rated programme.

European stocks rise before G7, with eyes on Greece

May 27 2015 16:04

European equity markets have risen before a G7 finance meeting that will focus on Greece's debt drama, while airlines group IAG neared its takeover of Aer Lingus.

Oil market rebounds slightly

May 27 2015 16:04

World oil prices have risen on bargain-hunting after sharp falls the previous day triggered by a strong US dollar and global supply glut concerns, say analysts.

Analysis & Opinion

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ERN Erin Energy CorporationR80.50R4.495.91%
TON Tongaat Hulett LimitedR132.64R5.144.03%
ASR Assore LimitedR107.00R3.603.48%
KIO Kumba Iron Ore LimitedR155.00R3.632.40%
RES Resilient Property Income...R96.00R2.102.24%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
OCE Oceana Group LimitedR91.00R-4.00-4.21%
ZED Zeder Investments LimitedR8.63R-0.36-4.00%
S32 South32 LimitedR20.12R-0.66-3.18%
MDC Mediclinic International ...R105.30R-3.16-2.91%
APN Aspen Pharmacare Holdings...R373.65R-10.85-2.82%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Money Clinic

Query about surety for a loan

May 27 2015 17:26

A Fin24 user has signed surety for a home loan and has now discovered that the bank has automatically linked his profile to the outstanding loan amount.

Tech

Cost of data breaches increasing

May 27 2015 16:40

The cost of data breaches is rising for companies around the world as sophisticated thieves target valuable financial and medical records.

 

Company Snapshot

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