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Financial Services

Wonga writes off debt for 330 000 customers

Oct 02 2014 16:13

UK short-term lender Wonga is writing off the debt of customers worth about £220m, after being forced to overhaul its lending practices.

Economy

Water Affairs loses track of billions of rands

Oct 02 2014 15:21

Inadequate management systems and resulting poor record keeping involving billions of rands have earned water affairs a qualified annual audit report.

News

Facebook changes real-name policy

Oct 02 2014 14:46

Facebook said it would change its policy requiring users to go by their real names on the social network.

Equities

JSE can't escape global growth worries

Oct 02 2014 14:41

The JSE has recovered from a drop in reaction to weaker overseas markets, but analysts say the local market is oversold and bargain hunting is bound to happen.

Economy

ANC is confused about e-tolls - DA

Oct 02 2014 14:31

The Democratic Alliance says the ANC is at odds over e-tolls and is proposing a fuel levy as an alternative to system because it will cost less.

Economy

Zuma: Teacher salaries under review

Oct 02 2014 13:46

The salaries of teachers and health professionals are being reviewed, says President Jacob Zuma.

Economy

PIC to pour R11.2bn into Africa

Oct 02 2014 12:52

The Public Investment Corporation will put about R11.2bn into African investments and equities, according to Finance Minister Nhlanhla Nene.

Economy

DA stages Pretoria protest against e-tolls

Oct 02 2014 12:14

DA members have gathered at the national transport department's offices in Pretoria to protest against e-tolls.

 

In other news

ECB keeps rein on low interest rates

17 minutes ago

The European Central Bank holds interest rates at historic lows in a bid to spur economic growth and bank lending.

Hotel deal of India's Sahara chief uncertain

42 minutes ago

Subrata Roy, head of India's Sahara conglomerate, is back in a cell after living in a prison office while working on the sale of hotels in New York and London.

ECB's Draghi ready to fight low inflation

Oct 02 2014 15:15

The European Central Bank is ready to use further unconventional policy tools if needed to stave off the risk of inflation remaining too low for too long.

Demonstrators face off police as ECB meets

Oct 02 2014 14:45

Hundreds of protesters have faced off riot police outside the Capodimonte palace in Naples where the European Central Bank is holding a rate-setting meeting.

Angry Birds maker Rovio to cut jobs

Oct 02 2014 14:30

Finnish mobile games maker Rovio, owner of the Angry Birds brand, plans to cut up to 130 jobs in Finland.

Greek doctors, nurses protest wage cuts

Oct 02 2014 14:15

Greek state doctors and nurses have gone on a nationwide strike against an austerity plan to cut staff and wages.

Samsung to build factory in Vietnam

Oct 02 2014 13:55

South Korean electronics giant Samsung is to build a production plant in Vietnam for around $560m, says the company.

Asian shares retreat after Wall St losses

Oct 02 2014 13:38

Asian markets have sunk following a heavy sell-off on Wall, while the dollar has tumbled a day after breaking ¥110 for the first time in six years.

Analysis & Opinion

Opinion

Labour needs united front

If trade unions work together they can bring about real change, says Terry...

Economy

Up by the bootstraps

Afrikaner upliftment holds valuable lessons for SA today, says Leopold...

Opinion

Passport to battle

BlackBerry's unusually shaped Passport is a call to arms, says Arthur...

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
GFI Gold Fields LimitedR45.75R1.603.62%
WHL Woolworths Holdings Limit...R70.60R2.403.52%
PIK Pick N Pay Stores LimitedR54.40R1.342.53%
PPC Ppc LimitedR29.31R0.712.48%
TKG Telkom Sa Soc LimitedR58.98R1.332.31%
graph
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
GND Grindrod LimitedR22.22R-0.68-2.97%
VOD Vodacom Group LimitedR127.17R-3.83-2.92%
NPN Naspers LimitedR1200.50R-34.62-2.80%
ASR Assore LimitedR204.99R-5.84-2.77%
HCI Hosken Consolidated Inves...R152.30R-4.05-2.59%
graph
Most visited Company snap shot pages on Fin24 in the last 24 hrs.
Most Visited EquitiesNumber of views
STX40 74
rmbt40 38
RMBMID 22
STXIND 16
UTIL 5
graph
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Property Issue

Cape creative companies move out of CBD

Oct 01 2014 15:07

Gone are the days of Salt River, Woodstock and Maitland being seen as dangerous areas as a new wave of companies relocate from the CBD, says a real estate group.

Entrepreneurs

Boost for manufacturing sector

Sep 30 2014 18:39

Business Partners Limited, a specialist risk finance company for formal SMEs has unveiled a campaign aimed at stimulating entrepreneurship.

 

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