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SABMiller doubles cost savings target as AB InBev circles

Oct 09 2015 12:57

SABMiller has doubled a pledge to cut costs as it seeks to rally shareholders around its rebuttal of AB InBev, the larger rival seeking to buy the brewer for a record £65.2bn.

Travel & Leisure

Dipuo Peters: Africa must remove shackles from aviation

Oct 09 2015 12:51

Africa countries can gain social and economic benefits by liberalising aviation and opening their skies, says Minister of Transport Dipuo Peters.


How much the iPhone 6s will cost in SA

Oct 09 2015 12:47

Pricing for the Apple iPhone 6s and 6s Plus in South Africa has been revealed by official distributor the iStore.


Zim presents ambitious debt clearance plan

Oct 09 2015 12:42

Zimbabwe has presented an ambitious strategy to clear some of its arrears with international and regional financiers by April 2016.


Apple Watch launching in SA on October 23

Oct 09 2015 12:23

Technology giant Apple’s latest wearable, the Watch, will be on sale in SA from October 23.

In the news

Top 5 things SMEs want from government

Oct 09 2015 12:00

A new research study shows there are five things South African business owners would especially like government to help with in order for them to thrive.


Durban Harbour gears up for megaships

Oct 09 2015 11:27

The Durban Harbour will undergo major maintenance to its docking sites to handle its increasing traffic of megaships, the Transnet National Port Authority has said.


WATCH: Anchor your boat’s insurance to keep sailing on

Oct 09 2015 11:15

ADVERTORIAL: It’s vital that a boat owner’s vessel is insured to eliminate the risks and the associated financial impact that boating presents.


In other news

European stocks markets climb on Fed, miners

Oct 09 2015 13:02

Europe's major stock markets have advanced after gains across Asia and on Wall Street thanks to growing hints that US interest rates will not rise until next year.

Dollar drops for 2nd day against euro

Oct 09 2015 12:50

The dollar has fallen against the euro after the minutes of the Federal Reserve’s most recent policy meeting diminished expectations of a rate hike boost.

Stocks eye biggest rally in 4 years on Fed relief

Oct 09 2015 11:03

World stocks have risen, putting them on course for their biggest weekly rise in four years after minutes of the Federal Reserve's meeting.

China stocks rise on cautious Fed rate view

Oct 09 2015 09:59

China stocks have risen in line with stronger global markets amid growing expectations that the US Federal Reserve will wait longer before raising interest rates.

SABMiller cuts output, fires workers in South Sudan

Oct 09 2015 09:50

SABMiller has cut production and fired workers at its South Sudan unit as lack of foreign currency and the cost of beer holds back investment and stifles demand.

Asian stocks extend $2.5trn global rebound

Oct 09 2015 09:02

Asian stocks have risen, extending a global equity rally, and Indonesia’s rupiah was headed for its best week since 2001 as investors piled back into riskier assets.

US stocks rise on dovish Fed minutes

Oct 09 2015 07:53

US stocks have risen after Federal Reserve meeting minutes lifted confidence the US central bank would not move quickly to hike interest rates.

Oil prices extend gains in Asia

Oct 09 2015 07:50

Oil prices have extended their recent rally in Asia on hopes that increasing demand and a decline in US crude production would ease a supply glut.

Analysis & Opinion


Africa is not France, Mr Piketty

Socialist solutions which did not even work in Europe are of little use...


Can renewable energy help the state save face?

Will SA's new energy plan spur government to rethink its nuclear new build...


BOOK REVIEW: How to be tidy and in control

The immediate result of tidying your office - and home - is the sense...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
GLN Glencore PlcR27.32R3.2913.69%
AGL Anglo American PlcR148.91R11.198.13%
NHM Northam Platinum LimitedR33.24R2.247.23%
IMP Impala Platinum Holdings ...R45.41R2.916.85%
SOL Sasol LimitedR463.88R23.885.43%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
KAP Kap Industrial Holdings L...R6.53R-0.19-2.83%
CPF Capital Property Fund Lim...R16.16R-0.39-2.36%
RDF Redefine Properties Limit...R11.49R-0.16-1.37%
HYP Hyprop Investments Limite...R120.64R-1.56-1.28%
CCO Capital & Counties Proper...R86.89R-1.11-1.26%
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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills.

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