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Industrial

Zim plans to export coal power to Eskom

May 04 2015 21:15

RioZim wants to work with state-owned power utilities in South Africa and Namibia to build a 1 400MW electricity plant near its Sengwa coal fields.

Mining

S&P warns BHP rating vulnerable to weak commodity prices

May 04 2015 20:00

Standard & Poor's has warned it may cut BHP Billiton's credit rating in the next 12 months, reflecting the global miner's commitment never to cut its dividend.

Equities

SA stocks creep up, resources in demand

May 04 2015 19:11

SA shares have crept up, led by resources stocks as investors bet China would come up with measures to boost its economy following weak manufacturing data.

Industrial

Power cuts hit Sibanye first quarter output

May 04 2015 17:49

Sibanye Gold says power shortages and a delayed start-up after the festive season has cut its first quarter bullion output by 5%, sending its shares lower.

Economy

Eskom implements load shedding

May 04 2015 16:51

Eskom will implement stage 1 load shedding from 17:00 today, which is likely to continue until 22:00 this evening, says the power utility.

Economy

Age of the consumer drives down car sales

May 04 2015 16:55

The age of the consumer “in terms of choices and options” is upon us, a banking expert said on Monday after results showed falling sales figures in the automobile industry.

Resources

CALCULATOR: See how many SMEs SA needs to create 11m jobs

May 04 2015 14:31

Use the Endeavor jobs calculator to see what impact SMEs can have in meeting the National Development Plan target of creating 11 million jobs by 2030.

Industrial

Comair court challenge of SAA bailouts coming to a head

May 04 2015 13:33

Years after Comair first launched a legal challenge of the South African government's bailouts of state carrier SAA, the case is finally set to start.

 

In other news

Tesla faces competition for customers, subsidies

May 04 2015 19:47

Tesla Motors' plan to generate new revenue from electric car batteries faces stiff competition from both customers and government subsidies critical to growth.

Europe stocks close higher

May 04 2015 18:34

Europe's main stock markets have risen, with Frankfurt's DAX 30 index gaining 1.44% to 11 619.85 points and the CAC 40 in Paris adding 0.70% to 5 081.97.

The real cost of credit

May 04 2015 17:21

It is important to know the real cost of credit and why you have a bigger amount to pay off at the end than what you originated.

Five good financial habits

May 04 2015 16:40

Sound financial health begins with understanding your lifestyle and by knowing where you spend your money, according to African Bank.

Pension, labour disputes dog Greek talks

May 04 2015 16:34

Differences over pension and labour reforms continue to dog intensive negotiations between Greece and its international creditors despite progress in other areas.

US stocks open higher

May 04 2015 15:51

US stocks have opened higher riding a global wave of market gains helped by more indications of economic life in Europe.

Big impact of missing loan repayments

May 04 2015 15:23

A Fin24 user found out the hard way what happens when one misses loan repayments.

European stocks rise awaiting data-heavy week

May 04 2015 14:26

European stock markets have posted gains, with London closed for a bank holiday, as investors awaited important corporate results and economic data due out this week.

Analysis & Opinion

Economy

We are a tired people, right?

We could vastly improve productivity in SA if we had a drive to improve...

Inside Labour

Inside Labour: A paradox for May Day

As food production has increased, so too, has the amount of hunger in...

Economy

A sense of belonging

A citizen's need to belong remains fundamental to his/her happiness, says...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
KIO Kumba Iron Ore LimitedR167.00R6.844.27%
AGL Anglo American PlcR206.56R7.233.63%
BIL Bhp Billiton PlcR295.09R10.203.58%
ANG Anglogold Ashanti LimitedR138.89R4.053.00%
SUI Sun International LimitedR136.00R3.602.72%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SGL Sibanye Gold LimitedR25.00R-3.16-11.22%
NTC Netcare LimitedR40.38R-1.29-3.10%
MDC Mediclinic International ...R122.27R-3.87-3.07%
CLS Clicks Group LimitedR88.51R-2.78-3.05%
TKG Telkom Sa Soc LimitedR79.56R-2.44-2.98%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Markets

Resources boost JSE

May 04 2015 14:11

More bad news about the Chinese economy has given financial markets a boost, and particularly the resources sector on the JSE which gained more than 2%.

 

Company Snapshot

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

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