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Economy

'Marshall Plan' for SA

May 07 2015 06:22

In light of recent xenophobic violence, Eskom, SAA, the poor state of education, and stagnant economic growth, Anton Ressel proposes a Marshall Plan for South Africa.

Economy

Eskom denies agreement with defaulters

May 06 2015 21:15

Eskom has poured cold water on Mpumalanga’s hopes to help indebted municipalities escape the power provider's cut-off date of June 5.

Industrial

Minister hints at higher Transnet pension hikes

May 06 2015 19:46

A rule amendment to two Transnet pension funds to provide for increases above the statutory has been approved, says Public Enterprises Minister Lynne Brown.

Equities

JSE books biggest drop in 6 weeks

May 06 2015 18:44

The JSE has booked its biggest daily percentage decline in more than a month, tracking global markets as anxiety from a sell-off in global government bonds spread to equities.

Tech

Media24 achieves highest BEE score yet

May 06 2015 20:15

Media24 has significantly increased its broad-based black economic empowerment scorecard and has retained its level 3 status.

Eskom

Eskom moves to stage 2 load shedding

May 06 2015 18:15

Eskom announced on Wednesday that it would move from Stage 1 to Stage 2 loadshedding.

Economy

Significant drop in consumer confidence - index

May 06 2015 17:20

Consumer confidence levels have declined across all population groups, but improved slightly for low-income households, according to an index.

 

In other news

Europe stocks close with small gains

May 06 2015 20:10

Europe's main stock markets have closed with gains after a day of seesaw trading as the euro rose sharply against the dollar.

UK services rebound, ease fears of slowdown ahead of poll

May 06 2015 19:51

UK's huge service sector unexpectedly picked up speed in April, countering other signs that the economy was slowing just before a national election on Thursday.

SA banks in line for top African honours

May 06 2015 18:04

A few South African banks are among the finalists in the African Bank Awards taking place later this month.

US boosts bird flu emergency funds

May 06 2015 17:45

The US government approved the use of an additional $330m in emergency funds to help contain the worst avian influenza outbreak in US history.

US stocks rise on big biopharma merger

May 06 2015 16:01

US stocks have opened higher as news of a large biopharmaceutical merger offset lackluster data on private-sector hiring.

Deepening bond rout rattles world markets

May 06 2015 15:15

A worldwide sell-off in government bonds have deepened, with the rise in long-term borrowing costs to their highest level this year.

Oil bulls drive crude to 2015 high

May 06 2015 14:45

Oil prices have risen more than a dollar to 2015 highs, as a month-long rally gained further impetus from a fall in US crude stocks and conflict in the Middle East.

Asian shares lose ground as Wall St sags

May 06 2015 13:32

Asian stocks have lost ground as China's market declined and US markets fell on worries about surging oil prices.

Analysis & Opinion

Eskom

To prepay or not to prepay Eskom – that is the question…

Some questionable public statements by Eskom’s Brian Molefe make one wonders...

Advertising

Strict conditions of silence

Is it really worth sacrificing the truth and swopping one’s reputation...

Opinion and Analysis

BOOK REVIEW: Putting method in your thinking

The hard decisions are never based on an exactly-known future, says ace...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ARI African Rainbow Minerals ...R119.28R9.408.55%
ASR Assore LimitedR130.54R9.647.97%
KIO Kumba Iron Ore LimitedR191.27R7.163.89%
IMP Impala Platinum Holdings ...R71.96R2.012.87%
RCL Rcl Foods LimitedR18.10R0.432.43%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
EOH Eoh Holdings LimitedR155.82R-8.18-4.99%
SGL Sibanye Gold LimitedR23.20R-1.20-4.92%
GFI Gold Fields LimitedR51.84R-2.61-4.79%
BAT Brait SeR85.74R-4.26-4.73%
COH Curro Holdings LimitedR35.70R-1.75-4.67%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Markets

Rand gains, economy woes offset by weak dollar

May 06 2015 17:28

The rand has held on to gains against the dollar despite a fall in domestic consumer confidence, as the greenback came under pressure from poor US trade data.

 

Company Snapshot

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SMALL BUSINESS

There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

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