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Financial Services

Old Mutual unit buys largest SA golf store

Dec 02 2015 07:56

Old Mutual’s private-equity unit has bought a majority stake in golf retailer MoreCorp as it bets on demand from an expanding upper-middle class.


Cisco chair gives tech bubble another year

Dec 02 2015 07:42

Referring to over-valuations of companies like Uber, Cisco chair and analyst Mike Wade gives the tech bubble until the end of 2016.


Zuckerberg to give away 99% of his Facebook stock

Dec 02 2015 07:12

The Facebook CEO, whose wife has just given birth to a baby girl, has announced plans to give away 99% of his stock in the social network during his lifetime.


Eskom must pay for Arnot shutdown - Exxaro

Dec 02 2015 06:13

Exxaro says it will initiate “appropriate activities” following Eskom’s decision to allow the termination of a Coal Supply Agreement at its Mpumalanga coal mine.


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.


The high price of impunity

Dec 02 2015 06:59

Compromising the rules of the game and the institutions meant to administer them is eroding SA's trustworthiness as a national brand, says Solly Moeng.


The problem with 0% interest rates

Dec 02 2015 06:46

The right question to ask about US interest rates is why we care about what happens to them, says Stephen Winter.


In other news

OPEC meets under oil supply glut cloud

2 minutes ago

OPEC gathers in Vienna this week to decide on whether to trim the cartel's oil output faced with a global supply glut, sliding prices and weak demand growth.

Asian shares swing on weak factory data

Dec 02 2015 07:40

Asian markets have seen fresh volatility, with Shanghai seeing sharp swings, as weak factory activity data highlighted weakness in the global economy.

US stocks up on pharma upgrades, solid online shopping

Dec 02 2015 07:26

US stocks have pushed higher, led by gains in pharmaceuticals, technology and retailers, which benefited from greater optimism about the holiday shopping season.

Oil slips ahead of OPEC policy meeting

Dec 02 2015 07:31

Oil prices have fallen in Asia as oil cartel OPEC prepared for a policy meeting amid expectations it will keep high 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.

Analysis & Opinion


The problem with 0% interest rates

The right question to ask about US interest rates is why we care about...


The high price of impunity

Compromising the rules of the game and the institutions meant to administer...


2016: Year of the consumer snitch

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

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
AFE A E C I LimitedR88.96R0.000.00%
AGL Anglo American PlcR87.98R0.000.00%
AMS Anglo American Plat Limit...R197.32R0.000.00%
ANG Anglogold Ashanti LimitedR92.41R0.000.00%
APN Aspen Pharmacare Holdings...R313.00R0.000.00%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
WHL Woolworths Holdings Limit...R99.63R0.000.00%
VOD Vodacom Group LimitedR146.33R0.000.00%
VKE Vukile Property Fund Limi...R18.17R0.000.00%
TSH Tsogo Sun Holdings Limite...R22.82R0.000.00%
TRU Truworths International L...R94.43R0.000.00%
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