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Economy

Did apartheid SA grow at a faster economic rate than post-apartheid SA?

May 03 2015 18:00

Did apartheid SA grow at a faster economic rate than post-apartheid SA? The facts show nothing is further from the truth, writes Pali Lehohla.

Economy

Eskom happy with maintenance progress

May 03 2015 17:46

Eskom says it needs a minimum of 3 000 MW and maximum of 5 000 MW buffer in order to close the maintenance backlog and avoid load shedding.

Economy

Eskom implements load shedding

May 03 2015 16:00

Eskom has implemented load shedding due to a shortage of generation capacity as several units are currently out of service due to maintenance.

News

Labour brokers harvest worker subsidy

May 03 2015 15:00

The employment tax incentive is translating into a cash windfall for the country’s much-maligned labour brokers.

Economy

Lehohla unleashes his fury after think-tank report

May 03 2015 15:00

Pali Lehohla, South Africa’s statistician-general, has mounted a furious attack on African think-tank DaMina Advisors after it distributed a grimly negative report on South Africa’s economy following recent xenophobic violence.

Economy

Power strike delays Medupi

May 03 2015 15:00

By Friday afternoon, there had still not been any talks between Eskom’s contractors and the National Union of Metalworkers of SA (Numsa), the majority union at Medupi.

Economy

Malema to Zuma: Release Marikana report

May 03 2015 13:51

Economic Freedom Fighters leader Julius Malema has called on President Jacob Zuma to release the Marikana report with immediate effect, reports City Press.

Economy

Pravin Gordhan sucked into Sars saga

May 03 2015 11:33

SARS’ lawyers have been battling to get Pravin Gordhan to testify against his former deputy commissioner, sources familiar with the matter tells City Press.

 

In other news

McDonald's faces 'show me' with new CEO

May 03 2015 21:00

McDonald's new CEO is set to unveil his plan to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.

Tesla moves into batteries for homes, businesses

May 03 2015 20:15

Tesla Motors has unveiled storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles.

Buffett denies Berkshire Hathaway 'too big to fail'

May 03 2015 19:30

Warren Buffett has rejected the idea that Berkshire Hathaway has grown so big that it is now too big to fail and requires tighter regulatory oversight.

Shell agrees to start clean up of oil spill

May 03 2015 18:45

Shell has agreed with a Nigerian fishing community of in the Niger Delta to start the clean up of two devastating oil spills in 2008, say activists and locals.

Fed rate hike in June 'on the table' - policymakers

May 03 2015 18:00

The Federal Reserve could well raise interest rates as soon as June, two top US central bankers say, so long as economic data strengthens as expected.

Oz toughens property ownership for foreigners

May 03 2015 17:15

Foreigners who break rules on buying Australian real estate will face up to three years in jail or fines under tougher new rules.

Dollar rebounds vs euro

May 03 2015 16:34

The dollar has shaken off its euro doldrums, strengthening a bit despite some poor US economic data.

Oil market pauses in New York after April surge

May 03 2015 16:31

Oil prices have eased as the dollar strengthened slightly, tugging the market away from prior new 2015 highs.

Analysis & Opinion

Inside Labour

Inside Labour: A paradox for May Day

As food production has increased, so too, has the amount of hunger in...

Economy

A sense of belonging

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Economy

Beware new Big Brother

Thanks to the proliferation of digital media platforms, we now live in...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR129.48R0.000.00%
AFH Alexander Forbes Group Ho...R9.85R0.000.00%
AGL Anglo American PlcR199.33R0.000.00%
AMS Anglo American Plat LtdR327.15R0.000.00%
ANG Anglogold Ashanti LimitedR134.84R0.000.00%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ZED Zeder Investments LimitedR8.86R0.000.00%
WHL Woolworths Holdings Limit...R89.52R0.000.00%
VOD Vodacom Group LimitedR148.29R0.000.00%
VKE Vukile Property Fund Limi...R19.07R0.000.00%
TSH Tsogo Sun Holdings Limite...R27.70R0.000.00%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
World

Brics’ tourist numbers will rise

May 03 2015 15:00

South Africa is a key travel destination for tourists from its fellow emerging national economies of Brazil, Russia, India and China, together known by the acronym Brics, according to a number of international buyers who will be jetting into Durba next weekend for the Tourism Indaba.

 

Company Snapshot

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SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

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