• Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

  • Fool's paradise

    Greece's new leader is in the same position as the ANC in 1994, says Leopold Scholtz.

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Economy

SA power cuts hold off doomsday

Jan 29 2015 21:10

Rolling blackouts have blighted society and business, as the country faces an increasing number of outages. But the alternative, a grid collapse, could be catastrophic.

Economy

Mzansi says complied with R52m tender requirements

Jan 29 2015 20:05

The company that leased a mobile hospital unit to the KwaZulu-Natal health department for R52.5m says that it has complied with all the requirements of the tender.

Tech

Illegal taxis have cost industry 50% of turnover - council

Jan 29 2015 19:02

This has had an impact on growth, employment and improved service delivery, the Western Cape Metered Taxi Council says in its petition to the transport department.

Africa

Mining and tourism pivotal to Zim economy

Jan 29 2015 20:26

Zimbabwe is to focus more on mining, tourism and agriculture to offset its economic decline as experts say recurrent spend is leaving infrastructure funding gaps.

Retail

Ocean Basket to change its menus after complaint

Jan 29 2015 19:16

Seafood restaurant Ocean Basket has undertaken to change its menus following a complaint that it served river fish instead of seafood.

Mining

Many could lose jobs at Glencore mine

Jan 29 2015 17:49

More than 1 000 people will be without work if some operations at Optimum Coal Mine in Mpumalanga close due to financial hardship, says Glencore.

News

Greater demand and lower fuel prices buoy SA tourism sector

Jan 29 2015 15:20

The Tourism Business Index shows the tourism business sector ended 2014 on a positive note, despite setbacks created by the new visa rules and the Ebola outbreak in several West African countries.

Economy

Steady rates ‘wrong choice’ for heavily indebted

Jan 29 2015 16:29

For over-indebted consumers, as well as for business and commerce, the MPC's decision not to lower interest rates was the wrong choice, says an expert.

 

In other news

Carlsberg to close two breweries in Russia

Jan 29 2015 20:00

Danish brewer Carlsberg says it is closing two of its 10 breweries in Russia, citing lower demand due to the country's weakened economy.

Passengers warned of new Acsa hand baggage rules

Jan 29 2015 11:15

Acsa's new hand luggage restrictions will come into effect at all airports across South Africa and impact all airlines and travellers as of 2 February.

Marriott could reach a million rooms in 2015

Jan 29 2015 19:24

Marriott International expects its portfolio of hotels either open or under development to surpass 1 million rooms by the end of 2015.

Turning love for travel into a business

Jan 29 2015 19:08

From as early as 2001 images of the traditional bricks and mortar travel agency have been replaced with online stores that quickly put the customer in the driving seat.

Danish central bank pushes new deposit rate cut

Jan 29 2015 19:00

Denmark's central bank has announced its third deposit rate cut of 0.15 percentage points this month, aimed at offsetting an appreciation of the krone.

European shares knocked, oil slide hits earnings

Jan 29 2015 18:22

Weak corporate updates have pegged back European shares, as the effects of a rout in oil prices knocked back heavyweight energy firms.

Shares in Brazil's Petrobras continue to plunge

Jan 29 2015 17:48

Petrobras shares fell more than 4%, declining sharply for a second day after the company released third-quarter results without accounting for a major corruption scandal.

US stocks open higher amid earnings deluge

Jan 29 2015 17:07

Wall Street stocks have opened higher on a heavy day of corporate earnings reports, pulling up from a two-day skid that cut nearly 500 points off the Dow.

Analysis & Opinion

Opinion

Uber fan: Cape Town must listen to the people

A Fin24 reader has accused the City of Cape Town of not listening to the...

Economy

Fool's paradise in Greece

Greece's new leader is in the same position as the ANC in 1994, says Leopold...

Opinion

Netflix already impacts SA viewing habits

Much of Netflix's potential impact on SA has already been made, says Arthur...

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
SAP Sappi LimitedR49.90R2.906.17%
NPK Nampak LimitedR42.50R1.553.79%
PIK Pick N Pay Stores LimitedR59.40R1.302.24%
PWK Pick N Pay Holdings Limit...R25.40R0.542.17%
SHP Shoprite Holdings LimitedR188.00R3.441.86%
graph
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
PPC Ppc LimitedR20.45R-1.15-5.32%
ASR Assore LimitedR160.00R-7.99-4.76%
TSH Tsogo Sun Holdings Limite...R27.95R-1.30-4.44%
ARI African Rainbow Minerals ...R118.30R-4.26-3.48%
TFG The Foschini Group Limite...R165.90R-5.16-3.02%
graph
Most visited Company snap shot pages on Fin24 in the last 24 hrs.
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Investments

Topping up your Retirement Annuity: Good or bad idea?

Jan 28 2015 14:36

Financial planner Dawn Ridler sets out your Retirement Annuity options. Read this before you shift a lump sum into an RA presented to you as an investment possibility.

 

Company Snapshot

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