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Load shedding uncertainty rocks KZN businesses

Jan 29 2015 06:00

Businesses can't plan when to switch off their machinery ahead of load shedding and workers are not given enough notice in terms of their work schedule, a chamber says.


Pillay remains suspended - Sars

Jan 28 2015 20:30

Sars deputy commissioner Ivan Pillay remains suspended despite the unfair labour practice dispute being resolved through the CCMA, Sars says.

In the news

Foreigners must share to avoid looting - minister

Jan 28 2015 19:33

Foreign shop owners must share their trade secrets with people in townships where they operate to curb violence and looting, says Small Business Minister Lindiwe Zulu.


Sasol to delay $8.1bn US investment

Jan 28 2015 18:42

Sasol says it will delay its $8.1bn investment in an ethane cracker in the US state of Louisiana, in response to low global oil prices.


Pensioners struggling to make ends meet - index

Jan 28 2015 20:02

The inaugural BankservAfrica Private Pension Index released has shown that pensioners are struggling to make ends meet.


IFP wants answers over KZN health tender

Jan 28 2015 21:11

The IFP has demanded that KwaZulu-Natal's health department explain how it came to lease a mobile hospital vehicle for R52m.


DA opposes private security bill

Jan 28 2015 19:15

The Private Security Industry Regulatory Authority Amendment Bill should not be signed into law because it breaches the Bill of Rights, the DA says.


Poor load shedding plans affect businesses

Jan 28 2015 17:48

The jump between different load shedding stages is making it difficult for businesses to plan ahead, which is undermining their productivity, says a business chamber.


In other news

Mantashe: Power strain due to economic growth

Jan 28 2015 19:17

The strain on the power grid is due to economic growth and development, says ANC secretary general Gwede Mantashe.

Incentive for whistle-blowers lacking - Malunga

Jan 28 2015 18:30

There are not enough incentives for people to expose corruption, Deputy Public Protector Kevin Malunga says.

European stocks shrug off Greece

Jan 28 2015 18:15

European stock markets have shrugged off Greece's new anti-austerity government pressing home its demand for debt relief and rolling back its privatisation programme.

India to sell 10% Coal India stake

Jan 28 2015 18:00

India will sell up to 10% of state-controlled Coal India in a deal that could raise close to $4bn as part of a government push to sell off assets.

Erosion of business foundations

Jan 28 2015 17:33

For many organisations, even when best business practices are employed, one cannot be comfortable in the front seat, according to an expert.

US stocks rise on strong Apple, Boeing results

Jan 28 2015 17:19

US stocks have opened higher following strong earnings reports from technology giant Apple and aerospace powerhouse Boeing.

EU investment plan could create 2.1m jobs

Jan 28 2015 16:45

The European Commission's €315bn investment plan to spur growth could create more than 2.1 million net new jobs, lowering the bloc's jobless rate by 1%.

Lenovo expands Yoga tablet range in SA

Jan 28 2015 16:12

Chinese PC maker Lenovo has launched its next generation Yoga tablets in South Africa as the company seeks securing its dominance over the local computer market.

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Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ITE Italtile LimitedR12.50R1.2511.11%
CLS Clicks Group LimitedR91.89R4.705.39%
SAB Sabmiller PlcR623.49R24.074.02%
PWK Pick N Pay Holdings Limit...R24.86R0.953.97%
TFG The Foschini Group Limite...R171.06R6.233.78%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
ASR Assore LimitedR167.99R-9.01-5.09%
DST Distell Group LimitedR142.00R-3.26-2.24%
CML Coronation Fund Managers ...R103.25R-1.86-1.77%
IMP Impala Platinum Holdings ...R75.67R-1.22-1.59%
AFH Alexander Forbes Group Ho...R9.31R-0.14-1.48%
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gld 15
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South Africa

Poor load shedding plans affect businesses

Jan 28 2015 17:48

The jump between different load shedding stages is making it difficult for businesses to plan ahead, which is undermining their productivity, says a business chamber.


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.


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