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Fin24.com writers debate whether the employment equity report is pointing fingers at the wrong people.

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Companies

Illovo bitter about 'opportunists'

Jul 30 2010 16:26

Small investors hoping to cash in on an odd-lot and specific offer by sugar group Illovo Sugar have been warned against taking advantage of the scheme.

Companies

Anglo's Minas Rio costs soar again

Jul 30 2010 14:18

The capital cost of Anglo American's Minas Rio iron ore project in Brazil has ballooned to about $4.5bn, mainly because of permitting delays.

Economy

Fuel prices go down

Jul 30 2010 13:25

The price of all grades of petrol and diesel will drop next week, says the energy department.

Business

Govt tables 'final' wage offer

Jul 30 2010 12:46

Government will not budge from its offer of a 6.5% salary increase to public sector workers, says Public Service and Administration Minister Richard Baloyi.

Companies

Absa slides on bad news forecast

Jul 30 2010 11:11

Share prices in Absa Group have fallen more than 3%, after the bank said it was hit by slack demand for loans and expects lower first-half profit.

Companies

Anglo resumes dividend payments

Jul 30 2010 09:05

Anglo American has declared an interim dividend on the back of a strong recovery in revenue and profits earned in the first half of 2010.

Companies

UK operations bolster Investec

Jul 30 2010 08:50

Investment bank and asset manager Investec has reported a significant increase in operating income, as its UK business offset weakness in South Africa.

 

Breaking News

Sea Kay to sell Silver Falcon for R17m

Jul 30 2010 16:22

Construction firm Sea Kay says it will offload the entire issued share capitals of Silver Falcon and Seriso 474, trading as Sedibeng Bricks for a total of R17.343m.

US recovery loses speed

Jul 30 2010 16:10

Economic revival in the US has lost momentum in the second quarter as growth slowed to 2.4%, its most sluggish showing in nearly a year.

Rand sits in a tight range

Jul 30 2010 16:00

The rand is range-bound amid thin trade.

SA reports trade surplus upswing

Jul 30 2010 14:28

SA has recorded a trade surplus of R5.629bn for its trade with non-Southern African Customs Union trading partners, after a previous deficit of R302m.

Concrete cartel against 10% turnover penalty

Jul 30 2010 14:08

The Competition Tribunal will conduct a hearing next week to decide on a penalty to be imposed on two members of a precast concrete cartel.

Sarb Exchange Control changes name

Jul 30 2010 13:12

The South African Reserve Bank's Exchange Control Department's name will be changed to the Financial Surveillance Department, in line with the gradual changes in its functions.

JSE weak amid negative global sentiment

Jul 30 2010 13:03

The JSE is mired in red as negative sentiment weighs on global markets ahead of the release of US figures after a run of disappointing fundamental data.

Samwu gears up for water strike

Jul 30 2010 12:11

The SA Municipal Workers Union and its allies are preparing to strike after the failure of wage negotiations between them and their employer body.

Columnists

Marc Hasenfuss

Opening the Castle

SABMiller's video link is a nice touch – but let's hope the brewing giant goes further in linking up local shareholders, writes Marc Hasenfuss.

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Investing

Capital growth still disappoints

Jul 27 2010 18:22

Although cash should still be seen as a "trashy" asset class, investors do not have many other places to park their money, says an analyst.

Comments and Analysis

 

Indicators

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Company Snapshot

Business my way: Adrian Gore
Jul 30 2010 13:43

The Discovery boss speaks to Fin24.com about his philosophy on entrepreneurship and why South Africa needs to change its attitude when it comes to small business. Time: 3:57

Adrian Gore

Vote

Q:  SA's inflation continues to fall. Should Sarb lower interest rates?

 
Yes, the economy needs the boost
 
No, we need inflation to drop even lower
 
Eskom's price hikes may reverse the inflation trend
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Read it in FinWeek

Finweek

Chew on this

Jul 29 2010 00:00

At the first World Food Summit held in 1974, then United States secretary of state Henry Kissinger bravely proclaimed global hunger would be eradicated by 1984. As it turned out, he was horribly wrong – as have been other politicians in the ensuing three decades who have made similarly bold political commitments that have fallen way short of the goal of providing an average of 2 000 calories to every adult daily. That’s the minimum dietary energy requirement as laid out by the United Nations Foo
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