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Zuma must explain Eskom intervention - Zille

Mar 26 2015 21:25

President Jacob Zuma must explain why he instructed Eskom's chairperson to launch an inquiry into the utility's performance, DA leader Helen Zille says.


Eskom halts work at strike-hit power station

Mar 26 2015 19:53

Eskom says striking workers has destroyed property at the Medupi power plant it is building and the state-owned utility closed the site to assess the damage.


Popularity of lifestyle estates increasing

Mar 26 2015 19:35

Luxury lifestyle estates are increasingly benefiting from a growing number of buyers moving up into the higher-value markets.


Factions seeking to privatise Eskom - Numsa

Mar 26 2015 18:31

Powerful economic and financial factions in government and the private sector are fighting to wrestle energy control by privatising Eskom, according to Numsa.


Major banks leave interest rates unchanged

Mar 26 2015 17:34

Major SA banks have indicated that they will leave their interest rates unchanged following the SA Reserve Bank's announcement that the repo rate will stay at 5.75%.


Presidency says it won't entertain Eskom gossip

Mar 26 2015 16:04

The presidency says it would not entertain rumours and gossip about Eskom, during a day of stage 2 load shedding and Tshediso Matona's attempt to be reinstated as CEO.


Rand extends losses on dollar strength

Mar 26 2015 17:05

The rand has extended losses against the dollar, despite a hawkish monetary policy statement, mainly reflecting broad-based strength of the greenback.


Sarb governor keeps interest rate the same

Mar 26 2015 15:47

Reserve Bank Governor Lesetja Kganyago has announced that the country's repo rate will remain the same, but says he won't hesitate to change it if needs be.


In other news

PPI increases in January

Mar 26 2015 20:00

The producer price index (PPI) for final manufactured goods increased by 0.4% from January to February this year, Statistics SA says.

European stocks close down

Mar 26 2015 19:24

Europe's main stock markets pulled back on Thursday, with London's benchmark FTSE 100 index ending the day down 1.37% at 6 895.33 points.

Rescue plan for Sahara in doubt

Mar 26 2015 18:46

A rescue plan for Indian conglomerate Sahara has been thrown into disarray after Spanish bank BBVA denied offering a credit line to the group.

Iran storing 30 million barrels of oil at sea

Mar 26 2015 17:47

Iran is storing at least 30 million barrels of oil on its fleet of supertankers as Western sanctions continue to keep a lid on sales, tanker market sources say.

US stocks fall on Yemen, valuation worries

Mar 26 2015 16:38

US stocks have dropped amid worries about the Yemen crisis and the potential overvaluation of some equities, including in the biotech and semiconductor sectors.

European stocks slide as investors wait on Greece

Mar 26 2015 16:33

European stock markets have fallen on concerns over Greek finances as investors waited for Athens to come through with a reform plan to seal a new deal.

Election uncertainty kills construction in Nigeria

Mar 26 2015 15:00

Political uncertainty over Nigeria's election and economic turmoil from low oil prices have delivered a double blow that has slashed revenues and triggered layoffs.

German public sector ups pressure with strikes

Mar 26 2015 14:30

German public sector workers have increased pressure on the government ahead of pay negotiations at the weekend by staging another round of strikes.

Analysis & Opinion


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SA united against Eskom

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RBP Royal Bafokeng Platinum L...R53.42R1.903.69%
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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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