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Financial Services

'Expensive' label hits stocks, Nedbank sits on cash

Jul 01 2015 16:51

Expensive. That’s the tag plaguing stocks and driving investors such as Nedbank Private Wealth to park their money in cash-like securities to avoid losses.


WATCH: Skydiving granny still paying tax at 100

Jul 01 2015 14:58

The 100-year-old granny who went skydiving on her birthday this year has now added another crazy stunt to her bucket list: she paid her tax on the first day of tax filing season.


Vodacom-Neotel deal should worry Telkom - analyst

Jul 01 2015 15:43

Regulators' approval of Vodacom’s R7bn bid to buy fixed-line business Neotel should worry Telkom, says an analyst.


June car sales down

Jul 01 2015 16:37

While June 2015 showed an increase in passenger vehicles sales by 4.1%, they declined by 6.6% compared to the same month last year.


Greece offers conditional okay to bailout

Jul 01 2015 14:44

Prime Minister Alexis Tsipras has told international creditors Greece could accept their bailout offer if some conditions were changed, but Germany says it cannot negotiate.


Seven insights into the heart of Naspers

Jul 01 2015 13:25

Naspers CEO Bob van Dijk has shared key insights with Fin24 into the success of the media company as well as what opportunities and obstacles lie ahead.


Call to transform KZN gaming and betting sector

Jul 01 2015 13:12

KZN Finance MEC Belinda Scott is calling for transformation in the gaming and betting sector after appointing a new board.


JSE indices edge up on resources recovery

Jul 01 2015 14:00

The major JSE indices were up by midday, after the Resources index recovered strongly from the previous day's slump.


In other news

Air cargo growth still slowing

7 minutes ago

The International Air Transport Association has released data for global air freight markets showing that growth has continued to slow in May.

Cellphone coverage comes to underground Gautrain stations

18 minutes ago

Losing cellphone signal at underground Gautrain stations is set to become a problem of the past, at least for Vodacom subscribers.

Greece to re-open bank branches for pensioners

22 minutes ago

Greece will re-open 1 000 bank branches until the end of the week to cater for pensioners who do not use cash cards for automated teller machines.

US stocks jump as prospects improve for Greek deal

28 minutes ago

Wall Street stocks have jumped in opening trade after Greece proposed a fresh deal to its creditors and as US data showed private-sector hiring accelerated in June.

World's poorest gain access to water, but not toilets

41 minutes ago

The poor's lack of access to sanitation threatens to undermine the health benefits they have gained from access to clean water, the United Nations says.

Oil prices drop before US inventory data

Jul 01 2015 15:58

Oil prices have fallen with developments over Greece providing the main direction for markets.

SAA bolsters code-share trunk route to Mauritius as demand continues to grow

Jul 01 2015 15:49

SAA and Air Mauritius have increased network availability for their code-shared trunk route between Johannesburg and Mauritius.

Iran oil exports may jump to 60% in a year

Jul 01 2015 15:30

Iran will increase its oil exports by up to 60% within a year if it can agree a nuclear deal with world powers bringing an end to sanctions, according to a survey.

Analysis & Opinion


A loss of trust and respect

Can SA still attract the best as our leaders take questionable decisions...


Greece: What lies in store?

Julien Marcilly takes a look at what may transpire after the Greek referendum....


Only the truth sets free

Zimbabwe's flaws won't be fixed unless they are highlighted, says Malcom...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
TRE Trencor LimitedR65.98R1.983.09%
VOD Vodacom Group LimitedR142.73R4.032.91%
SAB Sabmiller PlcR646.97R15.722.49%
EOH Eoh Holdings LimitedR159.80R3.262.08%
NEP New Europe Property Inves...R140.40R2.802.03%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
NHM Northam Platinum LimitedR37.86R-2.40-5.96%
IMP Impala Platinum Holdings ...R51.40R-2.90-5.34%
ASR Assore LimitedR98.00R-5.50-5.31%
LON Lonmin PlcR20.40R-1.08-5.03%
KIO Kumba Iron Ore LimitedR144.35R-6.61-4.38%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com


Poultry body seeks load shedding mercy for chickens

Jul 01 2015 10:57

Chicken producers will ask the state to help them guarantee electricity supply to SA’s biggest abattoirs as almost-daily power cuts are harming the birds’ welfare.


Art: As good as gold?

Jun 14 2015 15:00

‘When we look at the subindices of the media, we see the now decade-old declining dominance of oil,” ­George Herman, a senior ­investment strategist at ­Citadel Investment Services, tells City Press.


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There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.

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