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Piketty blames apartheid for SA’s high inequality

Oct 04 2015 07:00

Renowned French economist Thomas Piketty says South Africa needs a progressive tax regime, but to implement it, greater transparency about wealth is necessary.


Shopping mall investors face oversupply risk - expert

Oct 03 2015 10:00

Property expert Kundayi Munzara says investors can expect a divergence in the performance of shopping malls in South Africa.


WATCH: How wind energy can get cleaner

Oct 03 2015 09:00

Manufacturing localisation of wind turbines is essential to balance the overall carbon footprint of the wind energy sector, says Fossil Free SA’s David le Page.


Unions, gold firms agree on 13% wage hike

Oct 02 2015 21:14

Entry-level workers at AngloGold Ashanti and Harmony will get wage increases of up to 13%, according to an agreement reached with unions.


Five key points to business success

Oct 03 2015 11:00

Your competitors will lure your customers away if you do not have a strategy for delivering great service, says founder Peter Cheales.


Woolworths CEO pockets R51m in share sale

Oct 02 2015 18:15

The CEO of Woolworths Holdings, Ian Moir, has sold shares worth R51m, reducing his stake in SA's biggest retailer by market value.


Young entrepreneurs eye construction empire

Oct 02 2015 20:43

A coincidental meeting between two young entrepreneurs from Durban has turned into a successful construction business which now employs 52 people.

South Africa

Dedisa supplies power to Eskom

Oct 02 2015 20:01

Dedisa, a venture formed with several companies, as well as representatives of a community in Port Elizabeth, says it has started commercial operations of its power project.


In other news

Wiese’s Brait raises Iceland stake in $261m deal

Oct 02 2015 20:45

The investment company Brait SE, controlled by SA billionaire Christo Wiese, has increased its stake in the UK supermarket chain Iceland Foods.

Aus may hit VW with huge regulatory fines

Oct 02 2015 20:00

Australia's competition watchdog has warned that Volkswagen that it could face fines totalling about R10m for each pollution-cheating device in use in its cars.

Balwin seeks to raise R1.6bn ahead of JSE listing

Oct 02 2015 19:46

A South African residential-estate developer, Balwin Properties, will seek to raise about R1.6bn before listing on the JSE.

Zim gold mines seek cuts in power tariffs

Oct 02 2015 17:48

Zimbabwe's gold producers have asked the government to cut royalties and electricity tariffs by half to prevent the collapse of mines struggling with low bullion prices.

Weak US data hits European shares

Oct 02 2015 16:37

European shares have fallen after weak US jobs data, and Volkswagen stock lost more ground as a French investigation added to pressure.

US stocks tumble on weak jobs report

Oct 02 2015 16:00

Wall Street stocks have opened sharply lower after the September employment report showed the US economy added just 142 000 jobs last month.

Oil prices rise amid hurricane threat

Oct 02 2015 15:30

Oil prices have climbed as a hurricane threatened refineries on the US east coast.

US job growth cools, raising doubts on economy

Oct 02 2015 15:15

US employers have slammed the brakes on hiring over the last two months and wages fell, raising new doubts the economy is strong enough for an rate hike.

Analysis & Opinion


Vavi and Malema rise against corruption

It will be a welcome change if SA could be led by self-made men from humble...

Inside Labour

Inside Labour: Taking a better look at life - and death

Funeral costs have driven many families into desperate debt and trade...


SA can't affford anti-West attacks

SA won't woo much-needed foreign capital if the president tells cash-flush...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ASR Assore LimitedR87.90R9.9012.69%
SAP Sappi LimitedR45.64R2.515.82%
MSM Massmart Holdings LimitedR113.50R6.205.78%
ARI African Rainbow Minerals ...R55.98R2.965.58%
GLN Glencore PlcR19.63R0.985.25%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
PIK Pick N Pay Stores LimitedR61.49R-5.51-8.22%
PWK Pick N Pay Holdings Limit...R26.19R-2.25-7.91%
RCL Rcl Foods LimitedR15.90R-0.50-3.05%
NPK Nampak LimitedR23.91R-0.48-1.97%
TSH Tsogo Sun Holdings Limite...R24.13R-0.45-1.83%
All JSE data is delayed by at least 15 minutes and provided by INET BFA



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With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills..

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