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Financial Services

Standard Bank earmarks billions for Africa growth

Mar 05 2015 16:45

Standard Bank will spend the bulk of the sale proceeds of its global markets unit to fund its SA business and to invest in fast-growing areas in Africa.


Aspen earnings up as acquisitions kick in

Mar 05 2015 17:07

Aspen Pharmacare has reported a 22% increase in half-year profit as contributions from recent acquisitions offset the impact of unfavourable currency moves.


Traffic takes backseat in exclusive Steyn City

Mar 05 2015 15:06

Cars take a backseat in the newly-launched Steyn City near Johannesburg, where horses, bikes and joggers have the right of way in an area four times the size of Monaco.


Next step in transformation – change JSE boards

Mar 05 2015 14:24

ANC Gauteng wants more action from retirement funds in nominating and electing the directors of SA’s big companies.


Forensic report implicates Vavi - Cosatu

Mar 05 2015 14:20

A forensic report into alleged impropriety in the sale of Cosatu's old head office and purchase of a new one implicates general secretary Zwelinzima Vavi, the trade union federation says.


Five top trends at MWC 2015

Mar 05 2015 13:40

Chinese-made smart watches, abundant smartphone choices and virtual reality headsets are among trends that have grabbed attention at the Mobile World Congress.


Vavi must explain - Cosatu

Mar 05 2015 13:33

Cosatu general secretary Zwelinzima Vavi is expected to explain his conduct after he boycotted the trade union federation's central executive committee meeting this week.

Financial Services

Sanlam readying for R2bn Africa acquisitions

Mar 05 2015 12:47

Sanlam is working on acquisitions worth over R2bn in the rest of Africa and other emerging markets to be funded from a R3.3bn war chest, its chief executive says.


In other news

Cabinet approves digital migration policy

Mar 05 2015 14:21

The green light has been given to a key policy which will see an access control system included in television set-top boxes.

Greece cannot rely on ECB to dodge funding crunch

Mar 05 2015 17:00

Greece cannot rely on the European Central Bank to raise a limit on Athens' issuance of short-term debt, says ECB President Mario Draghi.

Wall St to open slightly higher after 2-day fall

Mar 05 2015 16:36

US stocks have been set to open modestly higher, after higher-than-expected initial jobless claims figures and ahead of a report on factory orders.

Euro strikes 11-year low against dollar

Mar 05 2015 14:58

The euro hit its lowest level for more than 11 years, with investors awaiting key updates from the European Central Bank over its latest stimulus programme.

Oil prices higher on Libya unrest

Mar 05 2015 14:46

Oil prices have climbed as Libyan unrest offset a jump in US crude stockpiles, analysts say.

Virgin Money's profit more than doubles

Mar 05 2015 14:26

British lender Virgin Money Holdings, which made its stock market debut in 2014, says its full-year pre-tax profit has more than doubled as it sold more mortgages.

M&S breaks tradition, gets more agile in style

Mar 05 2015 13:52

After hiring new designers, overhauling its online offering and giving a facelift to stores, Marks & Spencer still needs to take full control of its supply chain.

China makes push to ditch coal addiction

Mar 05 2015 12:52

China will boost efforts this year to rid itself of a strong addiction to coal in a bid to reduce damaging pollution and cut the energy intensity of its economy.

Analysis & Opinion


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Opinion and Analysis

Business model as medicine

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  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
PFG Pioneer Food Group Limite...R174.00R11.006.75%
ROC Rockcastle Global Real Es...R33.20R2.006.41%
MTN Mtn Group LimitedR222.72R12.445.92%
DSY Discovery LimitedR132.00R7.225.79%
SBK Standard Bank Group Limit...R156.96R8.065.41%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ACL Arcelormittal South Afric...R23.82R-1.89-7.35%
LON Lonmin PlcR24.50R-1.50-5.77%
KIO Kumba Iron Ore LimitedR209.00R-10.01-4.57%
IMP Impala Platinum Holdings ...R67.60R-3.19-4.51%
HAR Harmony Gold Mining Compa...R25.64R-1.12-4.19%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

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