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LIVE: Nene promises massive investment for cities

Oct 22 2014 13:02

The government is set to roll out "massive" investment to South Africa's cities, says Finance Minister Nhlanhla Nene.


Budget in a nutshell

Oct 22 2014 14:09

Finance Minister Nhlanhla Nene has tabled a tough Medium Term Budget Policy Statement in parliament, which will not be good news for everybody.


Nene talks of tax reform

Oct 22 2014 15:41

Tax changes are likely to be introduced in February when Finance Minister Nhlanhla Nene tables his first full budget.


SA cities set for 'massive investment'

Oct 22 2014 15:14

The government is set to roll out "massive" investment to South Africa's cities, says Finance Minister Nhlanhla Nene.


Nene warns on wage bill

Oct 22 2014 15:05

The public service will henceforth have to accept inflation-related increases or face staff cuts, Finance Minister Nhlanhla Nene warned on Wednesday in his first mid-term budget.


No bailouts for SAA, Sapo

Oct 22 2014 14:55

The country's embattled state-owned entities, including SA Airways and the SA Post Office, will not be bailed out, says Finance Minister Nhanhla Nene.


Education to get biggest slice of budgetary pie

Oct 22 2014 14:39

Spending on post school education will grow faster than any other government programme over the next three years, says Finance Minister Nhlanhla Nene.


Mini budget makes provision for Ebola

Oct 22 2014 14:31

The mini budget has set aside R32.6m for the department of health for Ebola control and prevention measures, including support for affected countries.


In other news

Daimler eyes $780m boost from Tesla stake

44 minutes ago

Daimler AG will book a $780m windfall from the sale of its 4% stake in US electric car maker Tesla Motors, a move that surprised investors.

Eurozone must focus on growth, says Renzi

59 minutes ago

The eurozone must focus on growth and abandon an austerity-only approach, Italian Prime Minister Matteo Renzi says, ahead of an EU summit.

Myanmar set to legalise gambling

Oct 22 2014 14:30

Myanmar plans to legalise some types of gambling, including casinos for foreigners only in upper-tier hotels, an official says.

Ukraine has one week to pay for gas - Russia

Oct 22 2014 14:15

Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak says.

African Minerals CEO eyes London Mining mine

Oct 22 2014 14:00

African Minerals boss Frank Timis is looking to buy failed West African miner London Mining's iron ore mine in Sierra Leone through his private company.

Japan casino bill delayed again

Oct 22 2014 13:45

Japan's plan to open up to casino gambling has been delayed again, dealing a blow to hopes the first resort will open in time for the 2020 Tokyo Olympics.

European markets steadier after wild markets

Oct 22 2014 13:27

Europe's main stock markets have steadied after recent volatility as traders react to concerns over the outlook for global economic growth.

Japan's 'monetary shamanism' criticised

Oct 22 2014 12:15

Izuru Kato's dismissal of the Bank of Japan's stimulus policy as "monetary shamanism" is ringing loud in the ears of bank governor Haruhiko Kuroda.

Analysis & Opinion

Opinion and Analysis

Money isn't everything

Ian Mann explains why Warren Buffett's son chose happiness over great...


Fiscal realism required

The mini budget needs to focus on feasibility and credibility, says Jac...


The high price of fear

SA's culture of fear, violence and anger costs too much, says Mandi Smallhorne....

  • Winners
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Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
TKG Telkom Sa Soc LimitedR55.42R2.023.78%
DTC Datatec LimitedR52.84R1.332.58%
AFH Alexander Forbes Group Ho...R8.00R0.202.56%
KIO Kumba Iron Ore LimitedR293.44R6.692.33%
PSG Psg Group LimitedR106.30R2.302.21%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
BTI British American Tobacco ...R590.40R-22.66-3.70%
HAR Harmony Gold Mining Compa...R21.31R-0.79-3.57%
IMP Impala Platinum Holdings ...R80.73R-2.68-3.21%
NEP New Europe Property Inves...R103.20R-3.23-3.03%
NHM Northam Platinum LimitedR34.80R-1.00-2.79%
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