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More than 100 mine workers retrenched

Oct 06 2015 22:34

At least 174 workers at Bafokeng Rasimone Platinum Mine (RBplat) in Rustenburg have been retrenched, the company says.


IMF predicts growth below 1.5% for SA

Oct 06 2015 21:15

South Africa’s growth is projected to be below 1.5% both this year and next year, according to a report by die International Monetary Fund.


SA's business confidence at 22-year low - survey

Oct 06 2015 20:16

Business confidence in SA has dipped to its lowest level since the end of apartheid due to an unstable currency and lower commodity prices, a survey shows.


Big firms may muscle in on small producer plan, warns IPP

Oct 06 2015 19:03

The darling of SA’s renewable energy programme says government must be careful not to allow big multinationals to abuse the new small projects programme.


JSE could stage short-term rebound

Oct 06 2015 20:18

The catalyst for a short-term rebound in the JSE appears to be in place, says Overberg Asset Management in its weekly overview of the SA economic landscape.


IMF trims forecast for global growth

Oct 06 2015 18:14

The IMF has cut its forecast for global economic growth, as the slowing economies in China and other emerging markets are felt worldwide.


Performance drives growth in hedge fund assets

Oct 06 2015 20:17

Assets under management by the South African hedge fund industry have shown a 15.8% increase on June 30 2015, compared to the previous year.


Numsa wants steel companies nationalised

Oct 06 2015 17:13

Numsa has once again asked for the nationalisation of steel companies ArcelorMittal, Evraz Highveld Steel and Scaw Metals.


In other news

Auto, oil stocks lead European shares end higher

Oct 06 2015 19:59

European shares have closed higher, helped by expectations central banks in Europe and the US will maintain an equity-friendly monetary policy.

Oil prices rebound sharply

Oct 06 2015 19:52

Global oil prices have soared to one-month peaks on simmering Syria tensions, rebounding equities, the weak dollar and upbeat comments from energy major Shell.

SABMiller's Zim partner shows subdued

Oct 06 2015 18:24

SABMiller’s Zimbabwe based associate Delta Corporation has reported subdued volumes across all beverage categories.

US stocks up as DuPont surges

Oct 06 2015 16:40

An unexpected chief executive resignation at DuPont has lifted the Dow in early trade as the S&P 500 and Nasdaq edged higher.

VW under pressure for answers as deadlines loom

Oct 06 2015 17:00

The new chairperson of Volkswagen's first board meeting could turn out to be his most important, coming just hours before a deadline.

Greece sticks to bailout targets in draft budget

Oct 06 2015 16:30

Greece has stuck strictly to the targets enshrined in its international bailout programme in unveiling a draft budget which sees the economy shrinking in 2016.

OPEC chief sees oil market improving

Oct 06 2015 16:00

The Organisation of the Petroleum Exporting Countries sees the oil market improving because of higher demand for crude and a drop in supply growth from non-members.

St Helena goes solar

Oct 06 2015 15:58

The island of St Helena in the Atlantic Ocean is now able to supply more than a third of its energy needs from renewable sources.

Analysis & Opinion


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The high cost of corrupt cops

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SGL Sibanye Gold LimitedR19.74R1.8110.09%
NHM Northam Platinum LimitedR30.80R2.599.18%
ANG Anglogold Ashanti LimitedR124.81R8.317.13%
AMS Anglo American Plat LtdR272.35R14.085.45%
ERN Erin Energy CorporationR52.50R2.605.21%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
FBR Famous Brands LimitedR130.97R-6.53-4.75%
TFG The Foschini Group Limite...R145.50R-5.59-3.70%
TKG Telkom Sa Soc LimitedR67.08R-2.51-3.61%
SAB Sabmiller PlcR751.98R-26.01-3.34%
PPC Ppc LimitedR17.52R-0.49-2.72%
All JSE data is delayed by at least 15 minutes and provided by INET BFA



Five small-cap stocks for your portfolio

Oct 05 2015 19:36

South Africa’s stock exchange is dominated by large companies and in the process a number of small caps companies are forgotten. Finweek spoke to analysts about the outlook of five such stocks.


Company Snapshot

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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

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