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Economy

SA needs to move away from 'staple' sectors - report

Sep 01 2015 19:40

South Africa needs to seek opportunities over and above ‘status quo’ sectors like mining to unlock growth and job creation, according to a McKinsey report.

Economy

Rate hike, rand rout hit new car sales

Sep 01 2015 18:23

July’s interest rate hike and the rand’s dismal performance have taken a toll on the new vehicle market, says an industry leader.

Tech

Google unveils its new logo design

Sep 01 2015 18:47

The search giant has unveiled a major redesign of its logo, which went live on its landing page across the globe on Tuesday.

Health

Medical schemes healthy despite fewer members joining

Sep 01 2015 17:09

The medical scheme industry is financially sound despite low growth in membership, says the Council for Medical Schemes.

Economy

W Cape eyes 100 000 jobs with new tourism plan

Sep 01 2015 16:03

A new tourism growth strategy aims to create 100 000 jobs in the Western Cape, says provincial Minister of Economic Opportunities Alan Winde.

Economy

Crucial nuclear power deal issue cleared

Sep 01 2015 15:19

The agreements that SA signed with five countries in preparation for its nuclear energy procurement programme are not financially binding, a committee has heard.

Retail

Mr Price declines on 'poor fashion calls'

Sep 01 2015 15:51

Mr Price Group shares have fallen the most in almost three years as the clothing and household-goods retailer says low levels of consumer confidence curbed sales.

Investment Holdings

Gaming cushions GPI's gamble on food

Sep 01 2015 14:13

Grand Parade Investments has posted an increase to 10.53 cents in headline earnings per share from 3.17c, with the bulk coming from the gaming division.

 

In other news

Lee Rochford to step down as Virgin Money CFO

Sep 01 2015 19:00

British lender Virgin Money Holding has said Lee Rochford will step down as chief financial officer and executive director of the company with immediate effect.

Cotton On continues SA expansion

Sep 01 2015 18:20

Australia-based retail group Cotton On has reported double-digit growth every month since the group opened its first store in South Africa.

Transnet Port Terminals honoured

Sep 01 2015 18:09

Transnet Port Terminals has been nominated among the top three finalist of the 2015 Business Continuity Institute Africa Awards.

China factory sector decline continues

Sep 01 2015 17:51

Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, increasing investors' fears.

US stocks sink as China worries mount

Sep 01 2015 16:10

US stocks opened sharply lower as poor factory data from China sparked another round of global equity selloffs.

China, eurozone weaken despite world awash with cash

Sep 01 2015 15:00

China's manufacturing industry has contracted while Britain and eurozone growth eased in August, rattling markets and reinforcing expectations interest rates may fall again.

Oil market slips on China data

Sep 01 2015 14:45

World oil prices have fallen, surrendering some of the previous day's gains as data showed shrinking manufacturing activity in top energy consumer China.

World markets extend losses as China falters

Sep 01 2015 14:33

Global stock markets have plunged further as more gloomy evidence emerged of China's economic slowdown, leading to heavy sell-offs in Asia and Europe.

Analysis & Opinion

Opinion

Creating long-lasting financial stability

Central banks should manage credit supply, not the interest rate, and...

Opinion

BOOK REVIEW: Reacting to a brave new world

Trend-breaking global forces are throwing a curveball to business leadership,...

Economy

Africa faces five headwinds of concern

The continent is up for a challenging time as the coming few years will...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SGL Sibanye Gold LimitedR16.00R0.805.26%
ITE Italtile LimitedR11.75R0.252.17%
PWK Pick N Pay Holdings Limit...R27.89R0.531.94%
RCL Rcl Foods LimitedR15.70R0.251.62%
DST Distell Group LimitedR170.26R2.661.59%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
MPC Mr Price Group LimitedR207.01R-31.63-13.25%
GLN Glencore PlcR27.53R-3.17-10.33%
TFG The Foschini Group Limite...R140.07R-9.83-6.56%
ARI African Rainbow Minerals ...R66.45R-4.59-6.46%
BAT Brait SeR136.08R-9.10-6.27%
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.

Entrepreneurs

Mind over matter

Sep 01 2015 06:45

Having a strong, positive perspective about a desired goal can help business owners stay on course and ultimately achieve their dream, says a business coach.

 

Company Snapshot

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SMALL BUSINESS

Myths that funding and red tape are the two biggest challenges faced by emerging companies and entrepreneurs, have been debunked by a report.
 

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