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Piketty: BEE not that successful in spreading wealth

Oct 07 2015 11:55

Once we get past emotion, the crux is whether resources are best applied by those who accumulate them, or by those who requisition them through taxes and levies.

Travel & Leisure

Fastjet secures Zim licence

Oct 07 2015 11:42

Budget airline fastjet has secured an airline operator licence in Zimbabwe, giving it the nod for domestic and international flights into and out of the country.


How Gold Reef City could end load shedding

Oct 07 2015 10:44

The abandoned Gold Reef City mine is 2.5km deep, with 100 metres of water at the bottom, which could be used as a pumped-storage hydropower facility, says an expert.


Failed Altech Node cost Altron millions

Oct 07 2015 10:38

Technology group Altron’s failed Altech Node video business has cost the company millions, according to its half-year results.


Zim to impose 'load shedding' on major industries

Oct 07 2015 10:27

Zimbabwe's government has asked all mining companies and other big industries to cut electricity consumption by 25% because of current power shortages.


AB InBev makes new R1.4trn bid for rival SABMiller

Oct 07 2015 09:17

Anheuser-Busch InBev, the world's largest brewer, has increased its bid for its largest rival SABMiller to £42.15 per share in cash, valuing the company at nearly £68bn.


Gaming revenue set for jump

Oct 07 2015 09:20

Revenue from digital gaming is set for massive growth, data from an industry research organisation has found.


Zim to hike empowerment levy on foreign firms

Oct 07 2015 08:59

Zimbabwe's new indigenisation minister says the proposed 10% empowerment levy to fund indigenisation and economic empowerment will be raised to 12.5% in 2017.


In other news

European stocks rise as miners, oil shares rally

41 minutes ago

Commodity and oil producers have prolonged a winning streak, pushing European stocks higher for a fourth day, the longest stretch of gains since August.

Wall St dips as third-quarter earnings season kicks off

Oct 07 2015 10:50

US stocks have fallen, ending a five-day winning streak, as investors focused on quarterly reports that are expected to reflect a dip in corporate earnings.

Implats raises R4bn through share placement

Oct 07 2015 10:42

Impala Platinum is raising the money as margins have been squeezed by a 51% decline in the price of the metal since August 2011.

Dollar slower as IMF cuts global growth forecast

Oct 07 2015 10:00

The US dollar has edged lower against other major currencies as the International Monetary Fund trimmed its global economic growth forecasts.

China stocks in Hong Kong jump before markets open

Oct 07 2015 09:30

Chinese stocks in Hong Kong have been headed for their highest close in six weeks as investors wait for mainland markets to open.

Yen rises as BoJ refrains from adding to stimulus

Oct 07 2015 08:45

The yen has risen for a second day against the dollar after the Bank of Japan refrained from adding to its already unprecedented monetary stimulus.

US oil production on brink, say oil execs

Oct 07 2015 08:36

US oil production will start to decline soon unless oil prices rise, oil executives say, stating lower production could pave the way for a spike in the market.

Oil prices sustain rally

Oct 07 2015 07:28

Buoyant oil prices have sustained a rally in Asia driven by hopes the crude supply glut would ease and expectations the US central bank would hold off form hiking rates.

Analysis & Opinion


Can renewable energy help the state save face?

Will SA's new energy plan spur government to rethink its nuclear new build...


BOOK REVIEW: How to be tidy and in control

The immediate result of tidying your office - and home - is the sense...


Why I decided to buy into China and India

The problem the world faces is the use of interest rates as a policy instrument,...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AGL Anglo American PlcR137.50R14.0011.34%
GLN Glencore PlcR25.28R1.596.71%
KIO Kumba Iron Ore LimitedR90.10R4.945.80%
ARI African Rainbow Minerals ...R60.95R2.955.09%
BIL Bhp Billiton PlcR229.23R10.414.76%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
NPK Nampak LimitedR24.25R-0.65-2.61%
AVI Avi LimitedR86.09R-1.55-1.77%
DTC Datatec LimitedR61.94R-0.96-1.53%
CCO Capital & Counties Proper...R89.58R-1.37-1.51%
JSE Jse LimitedR127.91R-1.74-1.34%
All JSE data is delayed by at least 15 minutes and provided by INET BFA



Five small-cap stocks for your portfolio

Oct 05 2015 19:36

South Africa’s stock exchange is dominated by large companies and in the process a number of small caps companies are forgotten. Finweek spoke to analysts about the outlook of five such stocks.


Company Snapshot

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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

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