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Economy

PPI quickens to 8.2%

Apr 24 2014 12:23

South Africa's headline producer inflation accelerated to 8.2% year-on-year in March from 7.7% in February, says Statistics South Africa.

Economy

Retired Transnet employees 'left homeless'

Apr 24 2014 12:10

Some retired Transnet employees live on the streets and some of them end up committing suicide because they cannot afford to pay rent, warns a political party.

Economy

Current account gap a threat to stability

Apr 24 2014 10:52

South Africa's current account deficit, while shrinking, presents a marked risk to the stability of the country's financial system, says the Reserve Bank.

Mining

Ups and downs in Anglo output

Apr 24 2014 10:43

Anglo American has posted an increase in its copper and iron ore production in the first quarter of 2014, but its platinum output slumped.

Mining

Fewer strikes 'if more women in mining'

Apr 24 2014 11:54

More women in the mining industry would mean fewer strikes, because they would firstly think of having a salary to provide for their children, says an expert.

Economy

Platinum sector faces painful restructuring

Apr 24 2014 09:53

Painful restructuring is considered likely after the dust clears from Amcu's current strike, with job losses expected especially around Rustenburg operations.

Currencies

Rand under pressure as risk appetite wanes

Apr 24 2014 09:24

The rand is still under pressure after breaching the key R10.6000 mark to two-and-a-half week lows, with Ukraine fears seen keeping risk appetite in check.

In the news

Gigaba: Localisation is key to growth

Apr 24 2014 08:50

The private sector must support programmes that will help South Africa achieve long-term growth, says Public Enterprises Minister Malusi Gigaba.

 

In other news

Novartis sees net profit jump

55 minutes ago

Swiss pharmaceuticals giant Novartis has posted a jump in first-quarter net profit, driven largely by the sale of a blood transfusion diagnostics unit.

AstraZeneca profits dive

Apr 24 2014 11:30

British pharmaceutical giant AstraZeneca has announced a halving of net profits in the first quarter, following the loss of exclusivity for key drugs.

Tech heavyweights boost global stocks

Apr 24 2014 11:16

Global stocks are back on the front foot, as upbeat earnings from tech heavyweights Apple and Facebook helps the sector after its hit.

Premier Foods feels the pinch

Apr 24 2014 09:55

Premier Foods, the British maker of Mr Kipling cakes and Bisto gravy, says a tough grocery market and the timing of Easter hit sales in its first quarter.

Apple expands buybacks

Apr 24 2014 09:52

Apple has approved another $30bn in share buybacks till the end of 2015 and authorised a rarely seen seven-for-one stock split.

Facebook profits nearly triple, mobile soars

Apr 24 2014 09:48

Facebook profits have nearly tripled in the first quarter on a 72% surge in revenues, helped by gains in mobile users and mobile advertising.

Plan to ban sale of e-cigarettes to minors

Apr 24 2014 09:42

The US Food and Drug Administration has proposed rules that would ban the sale of e-cigarettes to anyone under 18.

SA wool prices increase

Apr 24 2014 09:28

South African wool prices have continued to rise at this week's national sale, says Cape Wools.

Analysis & Opinion

Economy

Rich man, poor man

Culture change from below is the only way to overcome poverty, says Leopold...

Investments

Money creation made easy

Changing the money creation system may be simpler than we think, says...

Economy

Handling a diverse workplace

It’s hard to understand how unconscious privilege works, says Mandi Smallhorne....

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
RBP Royal Bafokeng Platinum L...R68.80R2.553.85%
REM Remgro LimitedR211.95R6.953.39%
AGL Anglo American PlcR282.19R8.783.21%
MSM Massmart Holdings LimitedR134.63R4.133.16%
TRU Truworths International L...R81.30R2.383.02%
graph 30 Day price chart
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
MTN Mtn Group LimitedR207.40R-8.93-4.13%
VOD Vodacom Group LimitedR122.79R-3.61-2.86%
PWK Pick N Pay Holdings Limit...R25.18R-0.32-1.25%
BTI British American Tobacco ...R602.42R-6.43-1.06%
SAP Sappi LimitedR35.50R-0.35-0.98%
graph 30 Day price chart
Most visited Company snap shot pages on Fin24 in the last 24 hrs.
Most Visited EquitiesNumber of views
STX40 41
STXIND 8
rmbt40 5
CBN013 Swccn4
gld 4
graph 30 Day price chart
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Inside Fin24.com

 
Companies

Ericsson posts strong quarterly profit

Apr 23 2014 17:49

Swedish telecom equipment maker Ericsson announced a sharp rise in its first quarter net profit despite falling sales.

 

Company Snapshot

 

Zille: Make sure ANC loses Gauteng

DA leader Helen Zille has urged South Africans to ensure that the ANC wins less than half the votes in Gauteng in the 7 May general election.

 
 

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We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 

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