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Mining

Khulubuse Zuma shirks blame in mineworkers plight

Mar 05 2015 21:19

Khulubuse Zuma has bemoaned statements by Cosatu and the National Union of Mineworkers blaming him for the plight of Pamodzi Gold's former mineworkers.

Property

Growthpoint positive despite Ellerine impact

Mar 05 2015 19:58

Growthpoint Properties has performed well, notwithstanding South Africa’s challenging trading conditions, says CEO Norbert Sasse.

Economy

Eskom may sell assets to raise cash - CEO

Mar 05 2015 19:20

Eskom may sell some of its assets to raise capital as it scrambles to light up SA, the company's chief executive says.

Currencies

Rand weakens after ECB unveils stimulus details

Mar 05 2015 19:30

The rand has weakened against the dollar as the European Central Bank's announcement detailing its $1trn buying programme failed to halt the greenback's strong run.

Tech

Oger Telecom may sell Cell C stake - chair

Mar 05 2015 18:19

Oger Telecom is looking at the possibility of selling its majority stake in Cell C, the chairperson of the Middle Eastern firm has told Reuters.

Equities

SA stocks gain, Standard Bank jumps on dividend

Mar 05 2015 18:45

SA stocks have ended higher, with Standard Bank among the top gainers on the blue-chip index after the lender declared a better-than-expected dividend payout.

Financial Services

Standard Bank earmarks billions for Africa growth

Mar 05 2015 16:45

Standard Bank will spend the bulk of the sale proceeds of its global markets unit to fund its SA business and to invest in fast-growing areas in Africa.

Health

Aspen earnings up as acquisitions kick in

Mar 05 2015 17:07

Aspen Pharmacare has reported a 22% increase in half-year profit as contributions from recent acquisitions offset the impact of unfavourable currency moves.

 

In other news

PetroSA to expand Ghana oil fields

Mar 05 2015 20:24

PetroSA has secured a seven year R1.77bn credit facility to refinance existing loans and expand operations at its Ghanaian oil fields, the company says.

European stocks close higher

Mar 05 2015 19:47

Europe's main stock markets have finished the day slightly higher with London's benchmark FTSE 100 index up 0.61% to 6 961.14 points.

US stocks rise after $21bn AbbVie deal

Mar 05 2015 18:55

US stocks have traded higher ending a two-day downturn, with AbbVie's $21bn takeover of cancer drug developer Pharmacyclics giving a charge to trade.

Brazilian politicians in trouble over Petrobas

Mar 05 2015 18:46

Brazil's top prosecutor has requested open investigations into politicians who allegedly benefited from a multibillion-dollar kickback scheme at Petrobras.

Cabinet approves digital migration policy

Mar 05 2015 14:21

The green light has been given to a key policy which will see an access control system included in television set-top boxes.

Greece cannot rely on ECB to dodge funding crunch

Mar 05 2015 17:00

Greece cannot rely on the European Central Bank to raise a limit on Athens' issuance of short-term debt, says ECB President Mario Draghi.

Wall St to open slightly higher after 2-day fall

Mar 05 2015 16:36

US stocks have been set to open modestly higher, after higher-than-expected initial jobless claims figures and ahead of a report on factory orders.

Euro strikes 11-year low against dollar

Mar 05 2015 14:58

The euro hit its lowest level for more than 11 years, with investors awaiting key updates from the European Central Bank over its latest stimulus programme.

Analysis & Opinion

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Opinion and Analysis

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
PFG Pioneer Food Group Limite...R174.00R11.006.75%
ROC Rockcastle Global Real Es...R33.20R2.006.41%
MTN Mtn Group LimitedR222.72R12.445.92%
DSY Discovery LimitedR132.00R7.225.79%
SBK Standard Bank Group Limit...R156.96R8.065.41%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ACL Arcelormittal South Afric...R23.82R-1.89-7.35%
LON Lonmin PlcR24.50R-1.50-5.77%
KIO Kumba Iron Ore LimitedR209.00R-10.01-4.57%
IMP Impala Platinum Holdings ...R67.60R-3.19-4.51%
HAR Harmony Gold Mining Compa...R25.64R-1.12-4.19%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

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