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Currencies

Rand climbs as weak US data weighs on dollar

Apr 01 2015 19:41

The rand has gained as much as 1.4% against the dollar, after weaker-than-expected US data led to a scale back of expectations when the Federal Reserve will start hiking interest rates.

Equities

SA shares creep higher, MTN up on Nigeria election

Apr 01 2015 18:50

South African stocks have ticked up slightly buoyed by telecoms operator MTN Group, spurred on by peaceful presidential elections in Nigeria where it is a market leader.

Economy

Sars collects R986.4bn in tax

Apr 01 2015 18:00

Sars has collected R986.4bn for the 2014/15 financial year, a performance praised by Finance Minister Nhlanhla Nene given the challenging economic conditions in SA at the moment.

Economy

Unions bypassed agreement at Medupi - Eskom

Apr 01 2015 17:00

Eskom says it is shocked to hear about the demands and plans for what it terms an illegal strike at Medupi Power Station, because of an agreement with unions.

Tech

MTN shares race on peaceful Nigerian vote

Apr 01 2015 15:45

MTN shares have climbed the most in almost five years after a largely peaceful vote in Nigeria, the mobile operator's biggest market.

News

Craven quits Cosatu following Vavi's expulsion

Apr 01 2015 15:00

Long-time Congress of SA Trade Unions national spokesperson Patrick Craven has resigned following the expulsion of general secretary Zwelinzima Vavi.

Partner Content

There’s “Gold in Every Drop” of Klipdrift, but not the gold you think

Apr 01 2015 17:12

Seems our earlier video was a bit of April Fool's Day fun.

Financial Services

Nedbank hikes CEO’s pay to R35.05m

Apr 01 2015 14:06

Nedbank Group, SA's fourth biggest bank which has beaten analysts’ profit expectations for a second year, has increased CEO Mike Brown’s pay by 7.7%.

 

In other news

100s of execs back Cameron's Conservatives ahead of polls

Apr 01 2015 18:01

Over 100 UK firm bosses publicly backed Prime Minister David Cameron's government and warned a change of course for Britain's $2.8trn economy would risk recovery.

USB honours best MBA student

Apr 01 2015 17:42

Christie Koorts, the 2014 Top MBA student of the University of Stellenbosch Business School, shares his recipe for success.

Foreign brewers battle for Ethiopia's beer drinkers

Apr 01 2015 17:45

International brewers are helping transform Ethiopia's business landscape as it opens up to foreigners drawn to one of Africa's fastest growing economies.

End of EU milk quotas raises cheers

Apr 01 2015 17:15

European Union milk quotas have been lifted after more than 30 years, creating expansion opportunities for some dairy farmers.

Fastjet to raise £50m to stage fund expansion

Apr 01 2015 16:45

African budget airline Fastjet says it intends to raise gross proceeds of at least £50m via a placing to fund the expansion of its operations.

US stocks slide after weak ADP jobs report

Apr 01 2015 16:23

Wall Street stocks have dropped sharply in early trade following disappointing US hiring figures for March.

BP faces investor discontent over CEO 2014 pay

Apr 01 2015 16:11

Leading consultants have urged BP shareholders to vote against chief executive $12.7m 2014 pay, saying it is not in line with the energy major's poor performance.

UK factory PMI rises to eight-month high

Apr 01 2015 15:30

Britain's manufacturing sector has grown at the fastest rate in eight months in March, bolstered by strong domestic demand and a pick-up in export orders.

Analysis & Opinion

Opinion

Eskom should do a Telkom

The power utility needs to get more private sector involvement, says Marius...

Economy

Defamation damage control

The best way to disarm your accusers is by telling the truth, says Solly...

Opinion

BEE winners and losers

Creating real change and real jobs requires a new ideology, says Gerhard...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ITE Italtile LimitedR12.11R0.867.64%
MTN Mtn Group LimitedR217.00R12.005.85%
COH Curro Holdings LimitedR36.00R1.504.35%
CML Coronation Fund Managers ...R102.00R3.753.82%
AMS Anglo American Plat LtdR308.65R11.133.74%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ASR Assore LimitedR126.59R-6.41-4.82%
KIO Kumba Iron Ore LimitedR148.65R-7.35-4.71%
SGL Sibanye Gold LimitedR25.00R-0.92-3.55%
EXX Exxaro Resources LimitedR97.00R-3.50-3.48%
GFI Gold Fields LimitedR49.80R-1.52-2.96%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
 

Company Snapshot

 

The Fast and Furious R40 million

With the Fast and the Furious 7 hitting South African cinema’s this April, all eyes are on the cars and we’re in for a treat!

 
 

Luxury living

This is the most expensive burger in the world!
Exclusive food items that WILL break the bank
Top 10 most expensive homes in the world
You can permanently live on a ship and sail the world!

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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