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Economy

Energy Department under fire for failing to reach targets

Aug 30 2016 12:13

Parliament has criticised the Department of Energy for spending 98% of its R7.27bn budget by the fourth quarter of 2015, but only achieving 45% of its targets.

Opinion

Command agriculture: a Zim disaster in the making

Aug 30 2016 12:40

Instead of helping genuine farmers, Zimbabwe's new agricultural programme seems sure to provide another feeding trough for greedy politicians, says Malcom Sharara.

Financial Services

SA fertile ground for private sector - Bundesbank

Aug 30 2016 12:01

Deutsche Bundesbank has appointed a representative in SA to solidify the collaboration between the central banks to enhance global economic and financial stability.

Eskom

Lynne Brown tells Eskom to release coal report now

Aug 30 2016 11:25

Public Enterprises Minister Lynne Brown has asked Eskom to immediately provide a report required by the Treasury, which is investigating the utility's coal contracts.

Economy

Gordhan jitters, oil strength slam brakes on fuel price drop

Aug 30 2016 11:07

Renewed oil price strength and a turnaround in the rand/US dollar exchange rate have put the brakes on the substantial fuel price drops suggested by mid-August data.

Tech

What to expect from Apple's September 7 reveal

Aug 30 2016 11:20

Apple will likely unveil their next iPhone on September 7 but speculation about the launch is already going into overdrive.

Industrial

Components cannibalisation, acting staff throw Prasa off track

Aug 30 2016 10:36

Passenger Rail Agency of South Africa has achieved only 45% of its target set out in the 2015-’16 annual performance plan.

Tech

Net 1 boss 'doesn't care' about grants court challenge

Aug 30 2016 10:13

Net 1 CEO Serge Belamant says he isn’t "remotely concerned" about a court case that could stop deductions for services such as funeral insurance from social grants.

 

In other news

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.

Oil edges back in Asia after sharp losses

Aug 30 2016 07:41

Oil prices have edged up, a day after retreating on a stronger dollar, but worries about a global supply glut are keeping gains in check ahead of a key producers' next meeting.

Egyptian parliament approves VAT at 13%

Aug 29 2016 17:01

Egypt's parliament has approved a long-awaited law introducing a Value Added Tax of 13% which will rise to 14% in the next fiscal year.

Brazil seen cutting rates less aggressively

Aug 29 2016 14:40

Brazil economists have forecast the central bank will be less aggressive when cutting interest rates in 2017 as they boosted their expectations for economic growth.

Oil prices sink on strong dollar

Aug 29 2016 08:27

Oil prices have tumbled on a strong dollar and after key OPEC producers downplayed the prospects of limiting output at a meeting next month.

Analysis & Opinion

Opinion

Command agriculture: a Zim disaster in the making

Instead of helping genuine farmers, Zimbabwe's new agricultural programme...

Opinion

BOOK REVIEW: How to build a dream team

Every first-time manager needs advice on how to develop his people, manage...

Opinion

Something dodgy about nuclear sites

Is it sneaky or simply slack that the public has not been given the required...

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Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR106.25R2.502.41%
CCO Capital & Counties Proper...R55.39R1.011.86%
BVT The Bidvest Group LimitedR155.70R2.601.70%
ROC Rockcastle Global Real Es...R37.00R0.551.51%
MSM Massmart Holdings LimitedR131.51R1.511.16%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ORL Oakbay Resources And Ener...R15.00R-5.95-28.40%
BLU Blue Label Telecoms Limit...R18.82R-0.49-2.54%
ASR Assore LimitedR163.85R-3.15-1.89%
VKE Vukile Property Fund Limi...R17.11R-0.29-1.67%
S32 South32 LimitedR21.68R-0.36-1.63%
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Inside Fin24.com

 
Finweek

Steinhoff: Is Jooste SA’s top dealmaker?

Aug 29 2016 12:30

With the acquisition of Mattress Firm, Steinhoff added yet another company to its stable. We take a look at this multinational’s impressive history of acquisitions.

Company Snapshot

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