• Free market fallacies

    Higher income benefits could be trickling up instead of down, says Leopold Scholtz.

  • What awaits Greece?

    Julien Marcilly takes a look at what may transpire after the Greek referendum.

  • A loss of respect

    Can SA still attract the best as our leaders take questionable decisions, asks Solly Moeng.

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Retail

Greece Ocean Basket stands firm despite crisis

Jul 02 2015 21:15

The recently launched Ocean Basket in Athens is standing its ground amid the Greek debt crisis despite some periods with empty tables, according to its CEO.

Agribusiness

SA to be net importer of corn first time in 7yrs

Jul 02 2015 19:42

South Africa, currently Africa’s largest producer of corn, could be a net importer for the first time in seven years this season as a drought cuts production.

Industrial

BP settles 2010 US oil spill claims for $18.7bn

Jul 02 2015 18:30

BP has reached a $18.7bn settlement with the US government and five states, a landmark deal that ends years of litigation after the 2010 Gulf of Mexico spill.

Economy

Consumer confidence nosedives

Jul 02 2015 17:30

Consumer confidence levels have declined sharply across all population and household income groups in the second quarter, an index shows.

Eskom

Eskom acting CEO Molefe honoured with PhD

Jul 02 2015 16:41

Eskom’s acting CEO Brian Molefe has received an honorary doctorate from a university in Scotland for his outstanding leadership.

Property

Lower end of housing market continues to thrive

Jul 02 2015 18:05

The growth in affordable house prices reflects the burgeoning housing backlog, with an estimated 2 million households currently living in informal settlements.

Economy

WATCH: Why a Greek minister could cut off his arm

Jul 02 2015 16:25

Finance minister will quit if Greece votes "yes" in referendum, but if they vote "no", he'd "prefer to cut my arm off" than sign an agreement that doesn't include debt restructuring.

Mining

Anglo plans major job cuts - sources

Jul 02 2015 15:36

Anglo American is planning to cut between 5% and 20% of staff at head offices around the world, sources close to the matter say.

 

In other news

Plight of Greek pensioners puts Tsipras in hot seat

Jul 02 2015 21:00

Greek pensioners are jostling to get into a limited number of banks opened specially to pay out retirement benefits have become a powerful symbol of the misery facing Greece.

India business leaders pledge billions in Wi-Fi campaign

Jul 02 2015 20:30

Some of India's biggest industrialists have pledged billions of dollars to back Prime Minister Narendra Modi's ambitious plan to provide Internet connection for all.

US probing a possible airlines collusion

Jul 02 2015 19:50

The US Department of Justice says it is investigating whether US airlines have worked together illegally to keep airfares high by signalling plans to limit flights.

European stocks finish mixed

Jul 02 2015 19:14

Europe's main markets have closed mixed, with London's benchmark FTSE 100 index of top companies rising 0.33% to end the day at 6 630.47 points.

Wall Street stocks rise as US adds 223 000 jobs

Jul 02 2015 19:09

Wall Street stocks have risen moderately after the Labor Department reported the US economy added 223 000 jobs in June.

Lufthansa making SA flight changes

Jul 02 2015 17:27

Lufthansa has announced an increase in its direct flights to Cape Town and is also making a change to its direct flights to Johannesburg.

Greece's Tsipras digs in against bailout

Jul 02 2015 17:19

Prime Minister Alexis Tsipras has urged Greeks to reject a bailout deal, wrecking prospects of repairing relations with EU partners before Sunday's referendum.

Oil prices recover as Iran talks, Greek crisis drag on

Jul 02 2015 15:00

Oil prices have recovered as markets tracked the latest diplomacy surrounding Iran and Greece, awaiting more key US data.

Analysis & Opinion

Economy

Free market fallacies

Higher income benefits could be trickling up instead of down, says Leopold...

ANALYSIS

A loss of trust and respect

Can SA still attract the best as our leaders take questionable decisions...

ANALYSIS

Greece: What lies in store?

Julien Marcilly takes a look at what may transpire after the Greek referendum....

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SUI Sun International LimitedR114.50R5.064.62%
TSH Tsogo Sun Holdings Limite...R24.80R1.014.25%
TBS Tiger Brands LimitedR298.00R11.804.12%
NPK Nampak LimitedR33.62R1.073.29%
ATT Attacq LimitedR22.60R0.693.15%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
AFH Alexander Forbes Group Ho...R8.55R-0.45-5.00%
KIO Kumba Iron Ore LimitedR140.53R-4.37-3.02%
GFI Gold Fields LimitedR37.06R-1.11-2.91%
FFB Fortress Income Fund Limi...R24.75R-0.64-2.52%
TRE Trencor LimitedR64.00R-1.65-2.51%
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There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

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