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Watch out for tax increases, experts warn

Oct 23 2014 07:00

The economy needs to accelerate significantly to meet even the revised GDP forecasts, experts warn.


Strict measures to heal public finances

Oct 23 2014 05:00

Finance Minister Nhlanhla Nene took a strong stance on the urgent need to put in place measures that will restore ailing public finances, says an economist.


Economists salute Nene

Oct 22 2014 21:03

Economists have saluted Finance Minister Nhlanhla Nene for containing state spending and debt, but opposition parties faulted him for not doing more.


ANC tells Cosatu to address breaches

Oct 22 2014 20:19

The ANC has urged Cosatu to address hostility in the trade union federation, amidst rumours of an imminent split.


R1.1bn for new land claims

Oct 22 2014 20:56

Finance Minister Nhlanhla Nene has forecast R1.1bn to be spent over the next three years on new land claims following the re-opening of the process in July.


Fiscal stimulus can become counter-productive

Oct 23 2014 06:00

The proposed adjustments - lower than planned spending and increased tax revenues - will require support from ordinary South Africans, says an expert.


Nene got it right, says ANC

Oct 22 2014 19:03

Finance Minister Nhlanhla Nene got the balance between the needs of the poor and state expenditure right, says the ruling party.


Prepare to be taxed to save deficit - expert

Oct 22 2014 18:55

If you look at the collection estimates for 2015, South Africans can expect individual tax to be R6bn higher than the budget, says a tax expert.


In other news

US stocks drop as winning streak ends

14 minutes ago

US stocks have slipped following mixed earnings as the market retreated after three straight sessions of big gains.

Asia shares slip on profit-taking

19 minutes ago

Asian markets have fallen on profit-taking after the previous day's hefty gains, but losses were limited after a slight pick-up in Chinese manufacturing activity.

Oil prices down in Asia

28 minutes ago

Oil prices have tanked further in Asian trade as a crude supply glut overshadowed news that China's key manufacturing sector picked up slightly, analysts said.

Platinum producers lead JSE lower

Oct 22 2014 19:12

South African stocks have retreated, led by platinum producers that were hit by data showing a sharp fall in Chinese imports of the precious metal.

Chamber welcomes budget

Oct 22 2014 20:48

The Chamber of Mines of SA has welcomed the mini budget, adding that it is working on initiatives to help unlock investment and growth.

BoE sees economy losing momentum

Oct 22 2014 20:45

Stagnation in Europe is retarding Britain's economic recovery and delaying any lift in interest rates from their five-year low, the Bank of England says.

EU spending should rise by 8%

Oct 22 2014 20:45

EU spending should increase by 8% next year, the European Parliament says, setting the stage for a new budget showdown in the bloc.

US inflation ticks up

Oct 22 2014 20:13

Consumer prices in the US rose by a seasonally adjusted 0.1% in September as energy prices fell, the Bureau of Labour Statistics says.

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  • Winners
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Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
TKG Telkom Sa Soc LimitedR55.09R1.693.16%
RLO Reunert LimitedR59.61R1.823.15%
AFH Alexander Forbes Group Ho...R8.00R0.202.56%
NPN Naspers LimitedR1261.81R24.101.95%
PSG Psg Group LimitedR105.90R1.901.83%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
LHC Life Healthcare Group Hol...R42.07R-1.71-3.91%
BTI British American Tobacco ...R595.03R-18.03-2.94%
IMP Impala Platinum Holdings ...R81.00R-2.41-2.89%
AMS Anglo American Plat LtdR363.50R-10.80-2.89%
NHM Northam Platinum LimitedR34.80R-1.00-2.79%
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