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Eskom

SA power plants face large coal shortfall

May 27 2015 15:33

Eskom faces a 17 million tonne coal shortfall by 2017 at its coal-fired power plants, says Public Enterprises Minister Lynne Brown.

Tech

MTN by the numbers

May 27 2015 15:14

Updated statistics about MTN’s operations in key markets such as South Africa and Nigeria have been revealed by the network operator.

Economy

Pensions beat take-home salaries in inflation stakes

May 27 2015 12:20

For the fifth month in a row, pensions are increasing faster than take-home salaries and pensioners saw an average increase of 10% on their income, shows an index.

Equities

JSE indices down for seventh consecutive day

May 27 2015 14:27

Nothing came of expectations that the JSE would bounce back, and by midday most of the major indices were softer for the seventh consecutive day.

Economy

Electricity constraints a major concern for Sarb

May 27 2015 12:19

There were binding constraints coming from the electricity supply uncertainties, says Reserve Bank deputy governor Francois Groepe.

Agribusiness

Foreign investor buys stake in Mugabe dairy rival

May 27 2015 11:59

A foreign investor has snapped up a 27% stake in Zimbabwe’s second largest dairy firm Dendairy, which competes with the Mugabe family's dairy interests.

Agribusiness

Tongaat's Zim unit posts moderate growth

May 27 2015 12:45

Tongaat Hulett has experienced modest full-year growth in its Zimbabwe-based operations, as improved market protection boosted local sales.

 

In other news

AstraZeneca hit after drug linked to suicide fears

52 minutes ago

AstraZeneca's hopes of topping $45bn in revenue by 2023 have been dealt a blow by a problem with an experimental psoriasis drug.

Construction firms help European shares

May 27 2015 14:15

European shares have rebounded from a one-week low, with the construction and materials sector leading the market higher.

Ryanair cashes in on improved service

May 27 2015 13:52

Ryanair's profits have surged 66% in the year to March as passenger numbers grew almost three times the targeted level on improved service and lower fares.

Tokyo, Shanghai rallies buck Asian market losses

May 27 2015 11:58

Tokyo's stock market has clocked up a ninth straight gain thanks to a weaker yen while Shanghai jumped for a seventh session.

Global markets: Dollar retreats after its best day

May 27 2015 11:51

A string of reversals from sharp moves the previous day has marked global financial market trading with stocks and oil gaining ground and the US dollar falling.

German consumer confidence hits 13.5-year high

May 27 2015 09:42

Consumer confidence in Germany is at its highest in 13.5 years, as the positive economic outlook and low inflation persuade consumers to open their purses.

Investment fund CEOs call for greenhouse gas cuts

May 27 2015 09:04

Some of the world's biggest investment funds have urged the G7 to commit to a long-term goal to cut global greenhouse gas emissions as part of a UN climate deal.

Dollar near eight-year high against yen

May 27 2015 08:45

The dollar has been sitting around eight-year highs against the yen following upbeat US data, while the euro came under further selling pressure.

Analysis & Opinion

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ERN Erin Energy CorporationR80.00R3.995.25%
CCO Capital & Counties Proper...R78.71R1.321.71%
BTI British American Tobacco ...R677.23R9.731.46%
ASR Assore LimitedR104.90R1.501.45%
WHL Woolworths Holdings Limit...R98.99R1.401.43%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
CPI Capitec Bank Holdings Lim...R510.58R-22.22-4.17%
ZED Zeder Investments LimitedR8.63R-0.36-4.00%
SGL Sibanye Gold LimitedR20.54R-0.70-3.30%
MDC Mediclinic International ...R104.90R-3.56-3.28%
EXX Exxaro Resources LimitedR83.30R-2.70-3.14%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Markets

Rand gains, eyes on Greece debt talks

May 27 2015 09:39

The rand has strengthened against the dollar but is still hovering at two-week lows after weak local growth data and as US durable goods data buoyed the greenback.

 

Company Snapshot

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