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Financial Services

Belvedere: How alleged Ponzi scheme collapsed

Oct 09 2015 07:56

Since Offshore Alert exposed the Belvedere Group as an alleged Ponzi scheme in March 2015, it has collapsed in many different jurisdictions, says David Marchant.


Risk of load shedding high, warns Eskom

Oct 09 2015 07:46

Eskom has warned that the risk of load shedding is high from as early as 06:00 until 22:00 after some of its units tripped.

Business and economy

R20.6bn of your money lost by parastatals

Oct 08 2015 11:56

South African parastatals are beset with financial troubles, boardroom squabbles and mismanagement. Finweek investigates the current state of affairs.


Facebook tests new reaction buttons beyond 'like'

Oct 09 2015 07:07

The social network said it is launching a pilot test of 'reactions' with users able select from seven emotions, including like and 'wow'.


Middle, lower segments set to drive house price growth

Oct 08 2015 21:30

With strong demand for housing in the middle and lower segments, house price growth is expected to perform best in these areas, says an expert.


Ceres stocks depleting as strike hurts

Oct 08 2015 20:15

Ceres says its stocks are depleting as a pay strike by Fawu members curbs operations and it will be unable to meet orders if the strike continues.


Mondi CEO shrugs off economic weakness

Oct 08 2015 19:00

Mondi expects stable or higher prices for its packaging and paper goods even as global economic growth slows.


How to make your money pot grow

Oct 08 2015 17:27

An investment expert unpacks the difference between saving and investing, and explains how compound interest can boost your retirement income.


In other news

Dollar dips after Fed minutes show inflation fears

43 minutes ago

The dollar has fallen modestly against other major currencies after the Federal Reserve released minutes of its last policy meeting showing fears over a strong dollar.

US stocks rise on dovish Fed minutes

46 minutes ago

US stocks have risen after Federal Reserve meeting minutes lifted confidence the US central bank would not move quickly to hike interest rates.

Oil prices extend gains in Asia

49 minutes ago

Oil prices have extended their recent rally in Asia on hopes that increasing demand and a decline in US crude production would ease a supply glut.

Individuals engineered emissions cheating: CEO

Oct 08 2015 21:00

The American chief executive says Volkswagen's cheating on emissions in diesel cars was not a corporate decision, but something that "individuals did."

Zim, Zambia, used too much Kariba water - group

Oct 08 2015 19:05

Zimbabwe and Zambia have used more water than they should have from the Kariba dam to generate electricity, says the Zambezi River Authority.

European shares supported by Deutsche Bank rebound

Oct 08 2015 12:27

European shares have held steady, propped up by a rise in healthcare stocks while Deutsche Bank also recovered from initial losses.

Asian stocks drop as China reopening disappoints

Oct 08 2015 11:15

Asian stocks have fallen, heading for its first decline in seven days, as Chinese equities resumed trading with less exuberance than expected.

VW’s cheating gains will be a factor in penalties

Oct 08 2015 10:48

Just how much money Volkswagen has made by cheating on US emissions tests will help determine the penalties it pays, according to the Environmental Protection Agency.

Analysis & Opinion


Africa is not France, Mr Piketty

Socialist solutions which did not even work in Europe are of little use...


Can renewable energy help the state save face?

Will SA's new energy plan spur government to rethink its nuclear new build...


BOOK REVIEW: How to be tidy and in control

The immediate result of tidying your office - and home - is the sense...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ARI African Rainbow Minerals ...R65.46R4.467.31%
EXX Exxaro Resources LimitedR62.96R3.976.73%
ASR Assore LimitedR93.50R5.536.29%
ERN Erin Energy CorporationR54.98R2.985.73%
S32 South32 LimitedR14.65R0.644.57%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
GLN Glencore PlcR24.03R-1.93-7.43%
FSR Firstrand LimitedR49.65R-1.45-2.84%
BAW Barloworld LimitedR83.19R-1.96-2.30%
BGA Barclays Africa Group Lim...R175.00R-4.00-2.23%
RMH Rmb Holdings LimitedR67.80R-1.50-2.16%
All JSE data is delayed by at least 15 minutes and provided by INET BFA



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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

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