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Currencies

Rand slips as US inflation points to Fed rate hike

May 22 2015 17:43

The rand has slipped against the dollar as US consumer inflation edged up, boosting the likelihood of a rate hike by the Federal Reserve later this year.

Industrial

Italian utility to claw into Africa energy market

May 22 2015 16:38

Italian utility Enel plans huge investments in renewable energy and grids in Africa, where it expects to find the kind of growth it has enjoyed in Latin America.

Your Voice

Take our Debt Survey - you could win R3000

May 22 2015 15:38

We need you to help us help you by completing our third annual Debt Issue survey. For your trouble, you stand a chance of winning R3 000 in cash.

Multimedia

Heroic escape from the pit of debt

May 22 2015 14:33

A top achiever fell into a pit of debt which cast her into a desolate space. Luckily, some sound advice helped her embark on a journey of recovery.

Tech

MTN takes union to labour court

May 22 2015 14:26

MTN says it has taken the Communication Workers Union to the Johannesburg Labour Court for allegedly blocking entrances to the company’s offices and intimidating staff.

News

Debt is SA's destiny - report

May 22 2015 14:04

Rising government expenditure which outstrips tax revenue can only mean higher taxes and more financial pain for households, says a report.

Economy

Affordability impacts residential building sector

May 22 2015 14:01

Although the biggest demand in SA is for small housing units, fewer are built due to affordability and changing lifestyles, says an expert.

 

In other news

Thousands flock to giant new mall

44 minutes ago

Eager shoppers are flocking through the doors of South Africa’s newest regional mall, the R1.7bn Baywest Mall in Port Elizabeth.

US stocks mostly down, S&P 500 retreats

May 22 2015 16:12

Wall Street stocks have opened mostly lower ahead of a long holiday weekend as traders awaited a speech by Federal Reserve Chair Janet Yellen on the US economic outlook.

Skywise increases fleet

May 22 2015 16:07

Skywise Airlines has increased its fleet, which has enabled it to have four supplementary flights..

Tsogo Sun may list property unit separately

May 22 2015 15:00

Gaming and hotel group Tsogo Sun is considering listing its property portfolio worth R30bn separately as a Real Estate Investment Trust.

Global banks await huge currency rigging fines

May 22 2015 14:30

US regulators have fined Swiss bank UBS $342m for manipulation of foreign exchange markets, as other global lenders prepared for even larger penalties.

Oil falls back on profit-taking

May 22 2015 13:59

Global oil prices have fallen, unwinding recent sharp gains that were fuelled by hopes that a global supply glut could end soon, say dealers.

European shares slip off high, Richemont retreats

May 22 2015 13:42

European shares have slipped off three-week highs, with luxury goods group Richemont falling on weak sales, while a rebound in the euro also pegged back the region's stock markets.

US economy tepid, but jobs market resilient

May 22 2015 13:13

The US economy was on a modest growth path early in the second quarter with home resales falling in April and manufacturing activity on the back foot in May.

Analysis & Opinion

Opinion

Terry Bell's Inside Labour

Terry Bell looks at difficulties and hope on the public sector horizon....

Economy

Ripping the economic canvas

Economies will stabilise only when interference with pricing stops, says...

Economy

What Africa really needs

A sound educational culture is key to genuine upliftment, says Leopold...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR131.00R5.704.55%
DSY Discovery LimitedR128.00R2.501.99%
INP Investec PlcR119.00R2.161.85%
INL Investec LimitedR117.70R2.131.84%
GND Grindrod LimitedR16.17R0.271.70%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
KAP Kap Industrial Holdings L...R5.65R-0.20-3.42%
ARI African Rainbow Minerals ...R97.69R-3.24-3.21%
CLS Clicks Group LimitedR86.51R-2.75-3.08%
MDC Mediclinic International ...R107.86R-3.25-2.93%
PPC Ppc LimitedR20.60R-0.56-2.65%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

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