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Many SOEs in distress, need monitoring - Brown

Dec 01 2015 21:30

Department of Public Enterprises Minister Lynne Brown says many state-owned enterprises are in “distress” and need close monitoring.


Is it too late to sell resources stocks?

Dec 01 2015 20:42

A question plaguing investors is what to do about the resources stocks in their portfolios, says Overberg Asset Management in its weekly overview of the SA economic landscape.


NUM facing brick wall on Eskom's Arnot decision

Dec 01 2015 19:23

Eskom is not even talking about extending the contract, let alone entertaining some of NUM’s demands on the possible closure of Exxaro’s Arnot mine in Mpumalanga.


Weak PMI signals poor manufacturing outlook

Dec 01 2015 18:14

The Barclays/BER Purchasing Managers’ Index has declined further below 50 for the fourth consecutive month, dipping to its worst level since August 2009.


Famous Brands CEO to retire in February

Dec 01 2015 19:52

Famous Brands CEO Kevin Hedderwick has announced his retirement after 16 years of service to a company that owns brands like Steers, Mugg & Bean and Wimpy.


Nuclear body anxiously preparing for SA move

Dec 01 2015 16:19

The Nuclear Industry Association of SA is not sitting by idly while Treasury and the Department of Energy mull over options for SA's nuclear build programme.


Over 80% of South Africans believe corruption on the rise

Dec 01 2015 15:56

A survey has found that over four out of every five South Africans believe there has been a rise in corruption, and Corruption Watch thinks Nkandla has a lot to do with it.


Prasa alleges tender rigging in court filing

Dec 01 2015 14:52

A bidding process to supply locomotives to rail agency Prasa included 'irrational' specifications whose sole purpose was to rig the outcome, says Popo Molefe in court papers.


In other news

Oil prices unchanged as Saudi readies for OPEC

Dec 01 2015 15:20

Oil prices have been flat as Saudi Arabia's oil minister was due to arrive in Vienna ahead of a key OPEC meeting on crude output levels.

EU bailout fund rescues Greece's top bank

Dec 01 2015 15:04

The eurozone's bailout fund has rescued Greece's largest bank, launching a recapitalisation process that is a crucial part of the country's third loan programme.

UK factory growth cools from fastest pace

Dec 01 2015 14:15

A UK manufacturing gauge has fallen more than economists forecast, while still signaling solid growth after reaching a 16-month high the previous month.

European shares at 3-month high, UK banks jump

Dec 01 2015 13:43

European equities have traded at a three-month high, with Britain’s lenders rallying after passing stress-test results.

China steps up cash injections amid IPO restart

Dec 01 2015 11:30

China’s central bank has stepped up cash injections via open-market operations as a resumption of new share sales drove demand for funds.

China’s stocks rise as developers jump

Dec 01 2015 10:02

Chinese stocks have risen as property companies rallied the most in three months on speculation the government will loosen monetary policy.

China factory data disappoints, yuan lifts spirits

Dec 01 2015 09:45

China's factory activity has weakened further in the latest sign of a growth slowdown, but analysts say the yuan's inclusion was a sign of confidence.

Euro to bear brunt of yuan’s inclusion in IMF basket

Dec 01 2015 09:19

The euro’s worst year in a decade is looking even grimmer after the Chinese yuan’s inclusion in the International Monetary Fund’s basket of reserve currencies.

Analysis & Opinion


2016: Year of the consumer snitch

SA faces a year of crisis but a toxic environment is a great opportunity...


BOOK REVIEW: Dragons for your coffee table

Ian Mann discusses a print extension of the Dragon’s Den TV series packed...


Based on nothing but the truth

People make decisions and acquire beliefs based on the written word, so...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SGL Sibanye Gold LimitedR20.31R1.397.35%
EXX Exxaro Resources LimitedR47.59R2.595.76%
NHM Northam Platinum LimitedR23.40R1.004.46%
DTC Datatec LimitedR52.02R1.623.21%
BIL Bhp Billiton PlcR175.31R5.012.94%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
FFB Fortress Income Fund Limi...R38.00R-2.36-5.85%
KIO Kumba Iron Ore LimitedR42.99R-2.00-4.45%
LBH Liberty Holdings LimitedR125.87R-3.88-2.99%
AFE A E C I LimitedR88.96R-2.54-2.78%
GFI Gold Fields LimitedR35.85R-0.93-2.53%
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