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Industrial

PetroSA could cut workforce by 40%

Feb 27 2015 22:30

PetroSA is set to cut its workforce by close to 40%, according to a letter from the CEO to a union released to the media.

Economy

Greenpeace takes Tina to court on nuclear plans

Feb 27 2015 18:18

Greenpeace has filed papers in the North Gauteng High Court to try and compel Energy Minister Tina Joemat-Pettersson to update the country's nuclear liability regulations, it says.

Currencies

Trade shortfall pushes rand more than 1% weaker

Feb 27 2015 18:34

The rand has stumbled more than 1% to its softest in nearly a week after the trade balance swung into a wide deficit, pointing to continued pressure on the current account.

Budget

Two key encouraging messages in budget 2015

Feb 27 2015 18:05

There are two key encouraging messages from Finance Minister Nhlanhla Nene's budget according to the tax director at Deloitte, Anthea Scholtz, .

Economy

SA records a R24bn trade deficit for Jan

Feb 27 2015 16:12

SA's trade balance has swung into a wide deficit in January, after exports fell sharply, data from Sars shows.

Tech

Facebook warned over data protection

Feb 27 2015 14:28

German consumer groups say they will file a lawsuit against Facebook unless the social network changes its terms of service.

Tech

China deletes 1000s of internet accounts

Feb 27 2015 16:32

Some of China's largest internet companies have deleted more than 60 000 online accounts because their names did not conform to regulations.

 

In other news

Upmarket bug snacks to creep into Thai stores

Feb 27 2015 20:24

Street vendors selling deep-fried insects as snacks are a familiar sight in Bangkok, but a Thai entrepreneur is trying to give edible bugs a more upmarket appeal.

European stocks close mostly higher

Feb 27 2015 19:08

Europe's main stock markets have finished the week mostly higher with London's benchmark FTSE 100 index hitting an intra-day record high.

France to hand Austria HSBC tax data soon

Feb 27 2015 18:58

France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings after admitting failings in compliance at its Swiss private bank.

Wall Street little changed after GDP data

Feb 27 2015 17:29

US stocks have held near the unchanged mark, following data on economic growth and ahead of a report on consumer sentiment.

BoE's next move likely to be rate hike

Feb 27 2015 17:15

The Bank of England is expected to increase the interest rates because the factors that have pushed down inflation sharply are largely transitory.

London stocks high at end of record-breaking week

Feb 27 2015 16:40

London's stock market has hit a record high, rounding off a successful week for European indices thanks to a deal on Greece's bailout and positive company results.

UK consumers more confident as pay grows

Feb 27 2015 15:55

British consumers have turned more upbeat as faster pay growth and low inflation make them more confident about their finances, ahead of the national elections.

Russia to tap $50bn from emergency fund

Feb 27 2015 15:00

Russia plans to spend more than $50bn from its emergency Reserve Fund in 2015 as falling oil prices cause the government's deficit to rise.

Analysis & Opinion

Opinion

More leadership, Mr Nene

Nene's prudent budget may be a touch too conservative, says Jaco Leuvennink....

Advertising

State firm let-downs

Parastatals' lacklustre performance is a reputational threat to firms,...

Opinion and Analysis

Generational rethink

Technology is blurring age-related generational divides in business, says...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
DST Distell Group LimitedR178.65R7.154.17%
HAR Harmony Gold Mining Compa...R28.74R0.943.38%
NHM Northam Platinum LimitedR51.65R1.653.30%
CLS Clicks Group LimitedR89.55R2.853.29%
CCO Capital & Counties Proper...R73.00R2.203.11%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
PIK Pick N Pay Stores LimitedR52.82R-2.08-3.79%
IMP Impala Platinum Holdings ...R71.71R-2.61-3.51%
ARI African Rainbow Minerals ...R122.41R-4.06-3.21%
ITU Intu Properties PlcR64.01R-1.90-2.88%
SLM Sanlam LimitedR75.60R-2.24-2.88%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

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