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Investments

Steep bank charges scupper tax-free savings

Aug 05 2015 12:04

Exorbitant bank charges are scuppering all intentions of using tax-free savings to benefit low-income earners and ease poverty, says a finance expert.

Tech

Weak currencies, strikes hurt MTN revenues

Aug 05 2015 11:21

Currency fluctuations, industrial action and declining termination rates have hit Africa’s biggest mobile network MTN for the six months ended June 30 2015.

Tech

Telkom, BCX deal gets green light

Aug 05 2015 08:57

The Competition Tribunal of South Africa has approved the R2.6bn merger deal between Business Connexion Group and Telkom.

Currencies

Rand hits fresh 14-year low as economy struggles

Aug 05 2015 09:59

The rand has touched a fresh 14-year low against the dollar amid concerns about the ailing economy and after a Fed Reserve official backed a US rate hike.

Economy

Mining sector in trouble, says Ebrahim Patel

Aug 05 2015 09:42

The mining sector is in "trouble" as it struggles with widespread job losses and lower commodity prices, warns Minister of Economic Development Ebrahim Patel.

News

Herman Mashaba: Union deals could kill small firms

Aug 05 2015 10:43

Entrepreneur Herman Mashaba says bargaining council agreements can improve employment conditions but won't boost job creation - and for SA, that's what it's all about.

News

SA's biggest gold union said to reject pay offer

Aug 05 2015 08:08

Members of the National Union of Mineworkers have been rejecting a final deal tabled in wage negotiations, according to a person familiar with the discussions.

Mining

Glencore blames Eskom deal for Optimum woes

Aug 05 2015 06:45

Financial strain caused by an agreement with Eskom has resulted in its Optimum coal mine entering debt rescue proceedings, says Glencore.

 

In other news

Oil industry frets about another lost decade - Kemp

24 minutes ago

If oil prices remain around $50 for the rest of the year, 2015 will be the fifth time real prices have fallen more than 50% in the space of less than three years.

Greek stocks fall on third day of turmoil

39 minutes ago

Greek stocks were nearly 4% down in midday trade in a turbulent week on the Athens exchange, after the end of a five-week shutdown sparked the biggest drop.

Greek residential property price slide gains pace

39 minutes ago

Greek residential property prices have declined at a faster pace in the second quarter than the first, as Greece's slide back into recession hit household incomes.

European stock markets rise at open

Aug 05 2015 11:19

Europe's main stock markets have risen at the start of trading, with all eyes on the US economy and interest-rate outlook.

Greece wants full bailout, not bridge loan

Aug 05 2015 09:34

The parliamentary spokesperson for Greece's ruling party has urged it to unite behind a new funding agreement, saying the country wants a full bailout immediately.

Oil prices up ahead of US stockpiles report

Aug 05 2015 07:38

Oil prices have risen in Asia as dealers predicted the latest US crude stockpiles and production data will point towards upbeat demand in the world's top crude consumer.

Apple a drag as US stocks finish lower

Aug 05 2015 07:37

US stocks finished lower following a mixed batch of earnings reports and another big decline by technology giant Apple.

SA resource sector performs dismally

Aug 04 2015 20:04

The resource sector has performed dismally since the start of the year and prices are on the decline, says OAM in its weekly overview of the SA economic landscape.

Analysis & Opinion

Opinion

Using influencers to protect your brand

Strategic friendships can go a long way towards saving a corporate’s besieged...

Opinion

BOOK REVIEW: Real reasons why companies succeed

Companies led by CEOs of good character make more money, says ace book...

Opinion

Shutting down good citizens

If you want good citizens, then stop wasting our time, says Mandi Smallhorne....

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
BIL Bhp Billiton PlcR237.19R7.913.45%
ROC Rockcastle Global Real Es...R30.00R0.973.34%
GLN Glencore PlcR40.71R1.223.09%
AMS Anglo American Plat LtdR266.49R7.692.97%
PWK Pick N Pay Holdings Limit...R27.43R0.732.73%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
BAT Brait SeR149.97R-9.53-5.97%
NED Nedbank Group LimitedR260.22R-10.80-3.98%
KST Psg Konsult LimitedR9.30R-0.20-2.11%
PFG Pioneer Food Group Limite...R203.99R-3.61-1.74%
TFG The Foschini Group Limite...R147.01R-2.59-1.73%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
Savings

Challenges of the sandwich generation

Aug 03 2015 07:49

Not saving for your children’s education because you’re also supporting aged parents will result in an uneducated generation which is less able to find work, warns an expert.

 

Company Snapshot

We're talking about:

SMALL BUSINESS

Scenario planner Clem Sunter says he is as passionate about economic freedom as Julius Malema, but his bet is on entrepreneurs to open up the whole economy.
 

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