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Economy

Sinking rand causes petrol price pain

Apr 27 2017 11:46

Petrol prices will go up next Wednesday as the average international prices of petrol, diesel and illuminating paraffin increased and the rand lost ground against the dollar.

Financial Services

Capitec CEO earned R13m in 2016 - report

Apr 27 2017 09:45

Capitec CEO Gerrie Fourie earned over R13m for the financial year, trailing behind counterparts like Maria Ramos of Absa at R29.5m and Mike Brown of Nedbank's R22.2m.

Economy

Zuma's nuclear ambitions dealt blow by court ruling

Apr 27 2017 07:00

The ruling setting aside government's nuclear deals signed with vendor countries is a major blow for President Jacob Zuma and his allies, says political analyst Somadoda Fikeni.

Tech

Samsung posts biggest quarterly net profit since 2013 despite Galaxy woes

Apr 27 2017 10:27

Samsung has posted its biggest quarterly net profit for more than three years after shrugging off the debacle over exploding Galaxy Note 7 batteries.

Banking

SIM-swap fraud: Consumers must be alert

Apr 26 2017 19:50

Although banks have measures in place to curb SIM-swap fraud, consumers must be vigilant, urges specialist business and IT consultant Liron Segev.

 

In other news

Asian markets reverse losses as Trump agrees talks on free trade deal

Apr 27 2017 10:05

Most Asian markets have reversed earlier losses as the US said it would renegotiate its free-trade deal with Canada and Mexico, soothing fears of a trade war.

US stocks dip as Trump tax plan comes into focus

Apr 27 2017 09:59

US stocks have dipped, ending a two-day rally as the Trump administration unveiled details of its long-awaited tax reform plan.

European shares up as US announces corporate tax cut

Apr 27 2017 09:55

Europe's stock markets have posted small gains after they got, and liked, a first taste of US President Donald Trump's fiscal reform plan in the form of a deep cut in corporate taxes.

UK man jailed for running global cyberattack business

Apr 26 2017 19:30

A British man has been jailed for creating and selling programmes used in global cyber attacks

Volvo earnings surge as demand for construction equipment rises

Apr 26 2017 18:18

Volvo first-quarter earnings have surged 58% after the truck maker reduced spending and sold more construction equipment.

Mall of Africa celebrates 1st birthday

Apr 26 2017 17:41

Attacq regards the Mall of Africa as one of its most valuable assets in the Attacq property portfolio, says Morné Wilken, CEO of Attacq.

Airbus gets A350 Boost With $6bn China southern order

Apr 26 2017 16:01

China Southern Airlines plans to buy 20 A350 wide-body aircraft from Airbus in a deal worth about $6bn, providing a boost for the manufacturer amid production delays.

Burger King sales slip in sign it's losing ground to rivals

Apr 26 2017 14:56

With its sales slipping in the latest quarter, Burger King may be losing ground to McDonald’s in the hard-fought battle for US fast-food customers.

Analysis & Opinion

Opinion

BOOK REVIEW: How to make your organisation ten times better

There is no escaping the fact that superb companies need to be run superbly,...

Opinion

The crisis of a president we cannot dislodge

With a leader who has no regard for the values of our republic and a ruling...

MyFin24

Dhanyal Davidson: A response to Saffers complaining about proposed expat tax

A planned tax regime, aimed at South Africans living in tax free havens,...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR115.80R0.000.00%
AGL Anglo American PlcR188.71R0.000.00%
AMS Anglo American Platinum L...R316.55R0.000.00%
ANG Anglogold Ashanti LimitedR152.15R0.000.00%
ANH Anheuser-busch Inbev Sa/n...R1496.15R0.000.00%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ZED Zeder Investments LimitedR7.15R0.000.00%
WHL Woolworths Holdings Limit...R72.91R0.000.00%
VOD Vodacom Group LimitedR151.77R0.000.00%
VKE Vukile Property Fund Limi...R18.96R0.000.00%
TSH Tsogo Sun Holdings Limite...R25.20R0.000.00%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 

Company Snapshot

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#JunkStatus

So, the worst has finally happened. S&P and Fitch officially downgraded SA to junk status following the ill-timed Cabinet reshuffle.
 

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