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Economy

Minister dismisses R1trn cost for nuclear plan

Sep 01 2015 10:46

Energy Minister Tina Joemat-Pettersson has dismissed reports that the nuclear build programme will cost R1trn.

Eskom

ANC seeks clarity on oil, gas laws

Sep 01 2015 11:11

The ruling ANC has urged the government to approve planned changes to laws for the oil and gas sector to help speed up development and resolve power shortages.

Currencies

Rand gains but still vulnerable to hawkish Fed

Sep 01 2015 09:57

The rand has recovered after the greenback sagged ahead of data due this week, but remains in sell-off territory as US rate hike concerns weakened risk appetite.

Retail

Actis buys stake in Coricraft to propel expansion

Sep 01 2015 11:40

Emerging market investor Actis has announced the acquisition of a significant minority stake in SA home furnishings retailer Coricraft Group.

Industrial

SA gives urgent priority to gas to tackle energy needs

Sep 01 2015 07:43

The use of natural gas for electricity generation is a priority for SA so it can address power shortages and energy needs, says Energy Minister Tina Joemat-Pettersson.

Industrial

Africa's richest man bets on Zim opportunities

Sep 01 2015 07:43

Aliko Dangote will invest in a new cement plant in Zimbabwe as part of a plan to seek opportunities in the southern African country.

News

SA expats are flocking back home

Sep 01 2015 07:13

Angel Jones shares the harsh realities of life abroad, and the challenges expats face in making a new home and a new life in South Africa.

Economy

Infrastructure focus can boost GDP by R260bn - report

Sep 01 2015 06:36

South Africa could boost annual GDP by R260bn by 2030 through smarter infrastructure delivery, according to a McKinsey report.

 

In other news

Volatile Rand may affect cruise fares, warns MSC

Sep 01 2015 09:40

Prospective South African cruisers have been warned to pay any outstanding fees or face a possible fare increase due to the weak Rand.

China new home prices rise in August

Sep 01 2015 09:15

New house prices in China have risen in August from a year ago for the first time in 11 months, as government monetary easing policies boosted demand.

Dollar weakens further in Asia

Sep 01 2015 08:41

The dollar has lost ground in line with a fall in Asian shares, as concerns about the global economy clouded the outlook for a US Fed Reserve rate hike.

Asia stocks extend losses, Shanghai hit by more weak data

Sep 01 2015 07:32

Asian stocks have sunk, with Shanghai tumbling more than 3%, following another batch of data showing weakness in China's economy.

US stocks close lower: S&P loses 0.84%

Sep 01 2015 07:39

Nervous investors have sold down US stocks after surviving last week's turbulence, amid continued worries over the potential broader impact of China's slowdown.

Oil prices tumble in Asia on Chinese data

Sep 01 2015 07:27

Oil prices have tumbled in Asia, surrendering some of their big gains after fresh data showed manufacturing activity in top energy consumer China contracted in August.

Innovation hub launched for SA, Africa problems

Sep 01 2015 06:44

A multi-use innovation hub, designed to showcase solutions to South African and African problems, has been launched at the V&A Waterfront.

Germany faces refugee influx

Aug 31 2015 17:36

German Chancellor Angela Merkel has called on other EU countries to take a greater share of the refugees fleeing to the bloc, as Germany struggles with a refugee crisis.

Analysis & Opinion

Opinion

Creating long-lasting financial stability

Central banks should manage credit supply, not the interest rate, and...

Opinion

BOOK REVIEW: Reacting to a brave new world

Trend-breaking global forces are throwing a curveball to business leadership,...

Economy

Africa faces five headwinds of concern

The continent is up for a challenging time as the coming few years will...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SGL Sibanye Gold LimitedR15.93R0.734.80%
ITE Italtile LimitedR11.99R0.494.26%
ANG Anglogold Ashanti LimitedR108.90R2.111.98%
PWK Pick N Pay Holdings Limit...R27.79R0.431.57%
FFB Fortress Income Fund Limi...R32.46R0.461.44%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
GLN Glencore PlcR28.59R-2.11-6.87%
MND Mondi LimitedR291.88R-15.63-5.08%
BAT Brait SeR137.85R-7.33-5.05%
MNP Mondi PlcR290.05R-14.20-4.67%
NPN Naspers LimitedR1646.30R-72.70-4.23%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
Savings

Challenges of the sandwich generation

Aug 03 2015 07:49

Not saving for your children’s education because you’re also supporting aged parents will result in an uneducated generation which is less able to find work, warns an expert.

Entrepreneurs

Mind over matter

Sep 01 2015 06:45

Having a strong, positive perspective about a desired goal can help business owners stay on course and ultimately achieve their dream, says a business coach.

 

Company Snapshot

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SMALL BUSINESS

Myths that funding and red tape are the two biggest challenges faced by emerging companies and entrepreneurs, have been debunked by a report.
 

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