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Financial Services

Collusion case strengthens Zuma's hand in battle with banks

Feb 20 2017 09:13

A finding by the Competition Commission that 17 banks colluded to rig foreign-currency trades will bolster accusations that banks are monopolising the financial system.

Tech

Samsung boss may not get off lightly for bribery charges

Feb 20 2017 07:48

If Jay Y. Lee, the de facto head of South Korea’s largest conglomerate, is convicted on bribery charges, he would join a long list of chaebol executives sentenced to jail time.

South Africa

Jackson Mthembu backs Ramaphosa to be next ANC leader

Feb 20 2017 06:18

The chief parliamentary whip of the ruling party has thrown his support behind the deputy president as the party’s next leader amid fears the ANC may lose power in 2019.

Budget 2017

Unleash South Africa's business spirit, dear Minister

Feb 20 2017 05:01

Finance Minister Pravin Gordhan should structure fiscal policy to improve business confidence and boost investment, says economist Lesiba Mothata.

Economy

What Zuma's land, property reform needs - black property body

Feb 19 2017 21:01

The SA Institute of Black Property Practitioners supports the president's call in his State of the Nation Address for land reform and transformation of the property sector.

 

In other news

Uber investing sexual discrimination claims by ex-engineer

50 minutes ago

Uber is looking into sexual harassment allegations from a former engineer, an accusation likely to draw renewed attention to the lack of women in Silicon Valley’s technical ranks.

Opec wins investors back as cuts prompt record bets on oil

Feb 20 2017 08:57

The members of the Organisation of Petroleum Exporting Countries have never taken supply cuts so seriously, and hedge funds are loving it.

Yellen can't halt Trump gold rally

Feb 20 2017 08:08

Hedge funds have reduced their wagers on a bullion rally for the first time in three weeks, just before prices neared a two-month high and capped a third straight week of gains.

Asian shares gain after US highs, deals in focus

Feb 20 2017 07:52

Asian stocks have risen, with Tokyo shares erasing morning losses and Hong Kong equities resuming a rally.

US stocks shake off early weakness to end at records

Feb 20 2017 07:23

US stocks have edged up to new records, closing a choppy session on a positive note as consumer products stocks gained on Kraft Heinz's interest in buying Unilever.

Germany bans internet-connected 'spying' doll

Feb 19 2017 17:31

German regulators have banned an internet-connected doll called "My Friend Cayla" that can chat with children, warning that it was a de facto "spying device".

Vatican froze €2m in 2016 corruption fight

Feb 19 2017 16:01

The has Vatican frozen some €2m in suspect funds last year as part of Pope Francis' war against money laundering in the Holy See, says its chief magistrate.

Ex-boss of Nigerian oil firm in $10m cash probe

Feb 19 2017 14:31

A former head of Nigeria's state-run oil company is under investigation after almost $10m in cash was found at a property he owns.

Analysis & Opinion

Economy

Friends & friction: Our young leaders must rise to the fore

It doesn’t matter whether you are on the left or right of the political...

Opinion

Zuma statue: Let's get the facts right

False news makes a difference to what people think - it shifts policymakers’...

Budget 2017

Unleash South Africa's business spirit, dear Minister

Finance Minister Pravin Gordhan should structure fiscal policy to improve...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
DCP Dis-chem Pharmacies Limit...R25.91R0.642.53%
NPN Naspers LimitedR2203.46R51.462.39%
BIL Bhp Billiton PlcR230.67R5.222.32%
FFA Fortress Income Fund Limi...R18.31R0.412.29%
KIO Kumba Iron Ore LimitedR220.23R4.882.27%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SGL Sibanye Gold LimitedR27.90R-1.23-4.22%
GFI Gold Fields LimitedR42.53R-1.63-3.69%
ANG Anglogold Ashanti LimitedR167.14R-6.04-3.49%
MMI Mmi Holdings LimitedR25.27R-0.90-3.44%
ITE Italtile LimitedR13.45R-0.40-2.89%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

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