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Economy

Mounting bad loans hamper Zim banks

Dec 29 2014 11:17

Credit risk continues to be the biggest drawback for Zimbabwean banks as non performing loans reached 20.45% for the nine months to September.

Currencies

Rand almost 25% lower vs dollar in 2014

Dec 29 2014 09:38

Falling exports and productivity disrupted by labour stoppages and erratic power supply have dragged the rand almost 25% lower against the dollar in 2014.

Tech

Twitter lesson from AirAsia boss

Dec 29 2014 08:40

AirAsia CEO Tony Fernandes gave an unintentional lesson as he took to Twitter to drive a crisis over a missing aeroplane.

Travel & Leisure

AirAsia shares dive over missing plane

Dec 29 2014 07:44

Shares in AirAsia have fallen as much as 12.9% after one of its aircraft went missing in bad weather on its way to Singapore from the Indonesian city of Surabaya.

Industrial

Ketso Gordhan pockets over R21m in a year

Dec 28 2014 16:54

In the course of less than two years at cement producer PPC, former chief executive Ketso Gordhan racked up enough money to live in luxury for the rest of his life.

Tech

Twitter sees limited blackout

Dec 29 2014 07:51

Twitter has experienced a partial outage, the nature of which was not immediately clear, the company has said.

Industrial

R80bn suit 'spells grim outlook for Transnet'

Dec 28 2014 13:45

If Transnet elects to once again block a pensioners’ class action at the Constitutional Court, the Freedom Front Plus says it will seek an application for a punitive cost order.

Economy

Opec urged to cut output to up oil prices

Dec 28 2014 17:07

Algeria says it does not share the views of big producers inside the Opec cartel who prefer to let the market regulate prices.

 

In other news

New tool to make truck driving sector safer

35 minutes ago

A new tool to for truck drivers could make the industry safer and reduce the high death toll on SA’s roads.

European stocks open mixed after holiday break

43 minutes ago

Europe's main stock market has opened mixed following the holiday break, with London gaining solidly and Frankfurt dipping.

Oil prices rise on violence in Libya

58 minutes ago

Oil prices have climbed in Asia as fresh violence in Libya stoked concerns about possible supply disruptions, analysts say.

Visa, MasterCard stop supporting bank cards

17 minutes ago

The world's two largest credit and debit card companies, Visa and MasterCard, says they could no longer support bank cards being used in Crimea.

Credit Suisse to dismiss US mortgage suit denied

47 minutes ago

Credit Suisse can be prosecuted for its role in the US housing finance meltdown, according to a court decision, which dismissed the company's bid to halt a suit.

McDonald's fries back on the menu in all sizes

Dec 29 2014 10:15

McDonald's customers in Japan will be able to order french fries in all sizes again from next month, after the fast-food chain limited sales.

Oil market slides in subdued deals

Dec 29 2014 09:41

Oil prices have fallen in thin pre-holiday trade, but analysts say losses were curbed by upbeat sentiment over a strong US economic growth report.

Asian shares mostly up, AirAsia tumbles

Dec 29 2014 07:52

Asian markets have risen on the first full day of trade after the Christmas break, with confidence boosted by Chinese easing measures and another Wall Street record.

Analysis & Opinion

Economy

Holiday fever

Mandi Smallhorne suggests decent chunked holidays instead of dribs and...

Economy

Mugabe fires 15 ministers – who cares?

Malcom Sharara on when ministers get fired for daring to challenge the...

Economy

When corruption rules

Leopold Scholtz discusses why some countries are economic successes and...

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ANG Anglogold Ashanti LimitedR102.10R7.958.44%
GFI Gold Fields LimitedR53.00R3.867.86%
SGL Sibanye Gold LimitedR21.95R1.457.07%
KIO Kumba Iron Ore LimitedR243.64R10.644.57%
IMP Impala Platinum Holdings ...R75.19R3.004.16%
graph
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
OCE Oceana Group LimitedR106.28R-1.33-1.24%
AFH Alexander Forbes Group Ho...R9.40R-0.10-1.05%
RPL Redefine International Pl...R9.89R-0.10-1.00%
ROC Rockcastle Global Real Es...R24.45R-0.22-0.89%
EOH Eoh Holdings LimitedR112.50R-0.87-0.77%
graph
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Companies

AirAsia mogul faces first major crisis

Dec 28 2014 17:26

Malaysian mogul Tony Fernandes, who transformed a floundering carrier into Asia's biggest budget airline, faces his first big crisis after an AirAsia plane went missing.

 

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