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Eskom

Eskom to implement stage 2 load shedding

Aug 03 2015 14:47

Due to increased electricity demand and a shortage of generation capacity Eskom will implement stage 2 load shedding it says.

Economy

Still far too few women in electricity sector - official

Aug 03 2015 14:23

The Johannesburg City Power MD says it is unacceptable that 21 years into democracy, women still play a miniscule role in a sector critical to economic growth.

Equities

Brief resources rally ends on JSE

Aug 03 2015 14:55

The JSE's brief recovery in resource shares has come to an abrupt halt after stocks dropped over a wide spectrum, with some big names again setting new 52-week lows.

Tech

Standard Bank outage: Fin24 users left fuming

Aug 03 2015 13:55

Customers of Standard Bank have written in to Fin24 to tell of their frustrations over the bank’s internet and mobile app glitch.

News

Stong case for September petrol price drop - economist

Aug 03 2015 14:11

Economist Kevin Lings says that at this stage there is a strong case for another petrol price decrease in September - a point sure to pique consumer interest.

Tech

Post Office settlement costs hit R5m

Aug 03 2015 12:56

Millions of rands have been paid to top officials at the South African Post Office for settlements over the last five years.

Health

Ascendis buys stake in Spanish drug firm

Aug 03 2015 11:19

Ascendis Health has made its first international acquisition with the purchase of a 49% stake in Spanish pharmaceutical group Farmalider.

International Markets

Banks bleed in Greek stock market rout

Aug 03 2015 10:39

Greece's stock market plunged nearly 23% when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the eurozone.

 

In other news

Greek factory output collapses as banks close

Aug 03 2015 11:15

Greek manufacturing activity in July plunged to the lowest level on records going back 16 years, due to a dive in new orders and a three-week bank shutdown.

China July factory activity shrinks most in 2 years

Aug 03 2015 11:00

China's factory activity has shrunk more than estimated in July, contracting by the most in two years as new orders fell, dashing hopes of a steadying economy.

Only payrolls surprise may shake stalling US market

Aug 03 2015 07:37

Unless next week's payrolls report is an outlier, investors should expect a constant directionless market, keeping the S&P 500 trading in place for most of the year.

Asia stocks mostly down as China manufacturing slows

Aug 03 2015 07:29

Asian markets have mostly fallen as China shares were dragged down by poor manufacturing figures and investors followed a drop on Wall Street.

Oil prices languish as supply concerns linger

Aug 03 2015 07:23

Oil prices have fallen in Asia on persistent concerns about the global supply glut after OPEC's indication that it will not budge from its current lofty output levels.

Concerns over Croatia tourism

Aug 02 2015 18:00

As Croatia gears up for exploration of oil and gas in the Adriatic sea, green groups have raised concerns about the environment and economy of the tourism-dependant country.

Madagascar mess-ups keep tourist 'paradise' marooned

Aug 02 2015 17:15

Tour operators blame the latest drop in visitor numbers on mass cancellations that followed a month-long Air Madagascar strike that has grounded all internal flights.

Exxon,Chevron profits dive

Aug 02 2015 16:30

US oil giants Chevron and ExxonMobil have signaled further belt-tightening ahead as the industry responds to lower oil prices.

Analysis & Opinion

Opinion

Shutting down good citizens

If you want good citizens, then stop wasting our time, says Mandi Smallhorne....

Opinion

ESG reporting in SA: where are the gaps?

What are the gaps in sound environmental, social and governance policies...

Opinion

The unemployment bugbear

The issue for SA's 5.2 million unemployed is the policy response rather...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
NT1 Net 1 Ueps Technologies I...R260.00R10.024.01%
CLS Clicks Group LimitedR99.65R3.173.29%
TBS Tiger Brands LimitedR291.25R6.372.24%
NED Nedbank Group LimitedR257.54R5.092.02%
KAP Kap Industrial Holdings L...R6.33R0.111.77%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
MDC Mediclinic International ...R105.66R-7.00-6.21%
GFI Gold Fields LimitedR32.66R-1.60-4.67%
AGL Anglo American PlcR152.63R-7.24-4.53%
EXX Exxaro Resources LimitedR71.71R-3.20-4.27%
ARI African Rainbow Minerals ...R67.72R-1.99-2.85%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
Savings

Challenges of the sandwich generation

Aug 03 2015 07:49

Not saving for your children’s education because you’re also supporting aged parents will result in an uneducated generation which is less able to find work, warns an expert.

 

Company Snapshot

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SMALL BUSINESS

There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

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