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Economy

Joburg gets R52.6bn budget

May 26 2015 20:00

More than R42bn has been set aside for operating expenditure in Johannesburg's R52.6bn budget for the new financial year.

News

Samwu rejects 'new' performance-based system

May 26 2015 18:00

Wage negotiations between the SA Municipal Workers Union and the national municipal body, Salga, face a collapse following a disagreement.

Currencies

Rand buckles as weak data, strong dollar weigh

May 26 2015 17:51

The rand has slipped to a two-week low, weighed down by poor domestic data while the dollar stretched recent gains.

Economy

Annual SA employment increases by 1.8%

May 26 2015 17:17

South Africa’s employment rate has increased by 1.8% year-on-year to 15.5 million, according to statistician-general Pali Lehohla.

Economy

'High likelihood' of rate hikes

May 26 2015 16:03

There's a high likelihood that the SA Reserve Bank will increase interest rates at its next few meetings, says one of its deputy governors.

Economy

Ramaphosa said to sign deal for business stakes sale

May 26 2015 15:46

Deputy President Cyril Ramaphosa has completed talks for the sale of most of his business interests to a company led by MTN chair Phuthuma Nhleko, sources say.

Economy

Business opportunities for SA in Peru

May 26 2015 15:24

Low volumes of bilateral trade between SA and Peru offer opportunities for businesspeople from both countries to explore, says SA ambassador Elsa Dry.

Financial Services

Alexander Forbes sees headline EPS much higher

May 26 2015 16:11

Financial services firm Alexander Forbes Group expects improved full-year earnings after a capital restructuring and the sale of its insurance company.

 

In other news

US stocks drop; Charter announces $78.7bn cable deal

May 26 2015 18:14

Wall Street stocks have fallen in early trade following a decline in US durable goods orders and news of Charter Communication's $78.7bn deal for Time Warner Cable.

Europe stocks close lower

May 26 2015 18:07

Europe's main stock markets have closed down, with London's benchmark FTSE 100 index falling 1.18% to 6 948.99 points.

Investing in a boat

May 26 2015 17:45

Investments in assets such as boats could be considered as part of a well-balanced investment portfolio, says an industry expert.

Rich nations must up aid budgets - campaigners

May 26 2015 16:12

The world's rich donor nations must increase their overseas aid budgets and reverse the trend of declining funding for the poorest countries, an advocacy group says.

Asia migrant workers rally to fight low pay

May 26 2015 16:03

Governments need to tackle unscrupulous agencies that lure women into domestic work abroad and charge exorbitant fees, says an activist.

Samsung offers SA free repairs for Galaxy S6

May 26 2015 13:24

If you break the glass panels on your Samsung Galaxy S6 or S6 Edge, you no longer need to consider throwing yourself under a bus: Samsung is offering to repair it for free.

China official sold car plates for millions - prosecutors

May 26 2015 11:50

A former head of Beijing's traffic management office has gone on trial for handing out coveted car number plates in return for nearly $4m in bribes.

China lender adds urgency to pan-Pacific trade pact

May 26 2015 11:31

China's drive to create a Beijing-led Asian development bank is adding to a sense of urgency among officials keen to get a pan-Pacific trade pact off the ground.

Analysis & Opinion

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
COH Curro Holdings LimitedR35.00R0.802.34%
ZED Zeder Investments LimitedR8.99R0.202.28%
LON Lonmin PlcR25.16R0.552.23%
KIO Kumba Iron Ore LimitedR151.37R2.851.92%
ERN Erin Energy CorporationR76.01R1.011.35%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
NPK Nampak LimitedR36.40R-5.60-13.33%
PPC Ppc LimitedR18.70R-1.45-7.20%
TKG Telkom Sa Soc LimitedR69.88R-3.12-4.27%
TSH Tsogo Sun Holdings Limite...R26.05R-1.15-4.23%
AGL Anglo American PlcR191.04R-6.95-3.51%
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