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Economy

Gigaba: State battles to compete

May 16 2012 21:49

Higher salary packages in the private sector are putting pressure on state-owned enterprises, says Public Enterprises Minister Malusi Gigaba.

Travel & Leisure

Gigaba: SAA will get support into Africa

May 16 2012 18:05

The government will give financial support to South African Airways as it expands into Africa, says Public Enterprises Minister Malusi Gigaba.

Industrial

Eskom's funding to 2017 finalised

May 16 2012 17:36

Eskom's funding plan to 2017 has been finalised and the electricity generation group will spend R201.6bn over the period, says Public Enterprises Minister Malusi Gigaba.

Economy

Vavi: Global priorities are wrong

May 16 2012 16:52

The global financial crisis and its consequences are a direct result of the greed and waste defining global capitalism, says Cosatu general secretary Zwelinzima Vavi.

Industrial

Huge finds make Africa next gas source

May 16 2012 15:52

Western companies have announced finds of huge additional quantities of gas off the coast of Mozambique and Tanzania.

Economy

Vehicle sales growth slows

May 16 2012 13:51

New vehicle sales grew in the first quarter of 2012, but at a slower rate than the same period last year, says Naamsa.

Economy

DA: Zuma fears tough choices on youth

May 16 2012 12:26

The DA has accused President Jacob Zuma of being afraid to make the difficult choices that would benefit many unemployed young people.

Retail

Diamond sells for $9.7m at auction

May 16 2012 10:31

The 34.98 carat Beau Sancy diamond, once worn by royal families in France, England, Prussia and the Netherlands, is now owned by an anonymous bidder.

 

Breaking News

Gigaba: SAA seeks aid for new fleet

May 16 2012 18:09

Beleaguered national carrier South African Airways is looking for additional state aid to buy a new fleet of aircraft, says the public enterprises minister.

Moody's: SA banks plan cuts rating risk

May 16 2012 16:46

The creation of a liquidity pool which banks can tap to meet the global industry's new Basel III regulatory requirements relieves the pressure for a credit rating downgrade.

Rand firmer as Greek fears ease

May 16 2012 16:43

The volatile rand was marginally firmer after Greek fears were allayed as a result of a pledge made by the ECB to support the country ahead of the new June poll.

Water Affairs acts against four mines

May 16 2012 15:54

The department of water affairs has taken legal action against four mines that continued operating without water-use licences, despite being told to comply.

Gas deposit found in Mozambique

May 16 2012 14:34

Italian energy firm ENI has announced a new natural gas discovery of up to 10 trillion cubic feet off the Mozambican coast.

JSE falls as commodity prices dip

May 16 2012 13:56

The JSE continued to fall in midday trade as commodity prices dipped, pulling resource shares lower.

Bonds weaker as rand weighs

May 16 2012 13:46

South African bonds maintained their weaker bias in midday trade, driven primarily by the rand.

Gijima to retrench workers

May 16 2012 12:51

Technology group Gijima is to retrench an undisclosed number of workers to improve efficiency and reduce costs, according to a report.

Analysis & Opinion

Guest Columnist

Anyone up for being the goalie?

Businesspeople often think they’ll make great politicians....

ANALYSIS

China's oligarch war

What does a power struggle mean for the country?...

ANALYSIS

Lagarde's next battle

IMF chief under pressure to shift power to emerging markets....

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ASR Assore LimitedR269.99R11.994.65%
NTC Netcare LimitedR14.50R0.584.17%
TON Tongaat Hulett LimitedR118.30R4.503.95%
DST Distell Group LimitedR83.00R3.003.75%
MPC Mr Price Group LimitedR104.62R3.323.28%
graph 30 Day price chart
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
AQP Aquarius Platinum Limite...R11.57R-0.63-5.16%
NHM Northam Platinum LimitedR29.26R-1.19-3.91%
TSH Tsogo Sun Holdings Limit...R17.80R-0.60-3.26%
PAM Palabora Mining Company ...R143.57R-4.43-2.99%
UUU Uranium One IncR21.05R-0.50-2.32%
graph 30 Day price chart
Most visited Company snap shot pages on Fin24 in the last 24 hrs.
Most Visited EquitiesNumber of views
SOL Sasol Ltd268
AGL Anglo American Plc191
OML Old Mutual Plc160
BIL Bhp Billiton Plc148
MTN Mtn Group Ltd138
graph 30 Day price chart
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
South Africa

Joburg in deal with informal traders

May 16 2012 07:38

The City of Johannesburg has reached an agreement with local informal traders on business by-laws following allegations of abuse of power by metro police officers.

Markets

Rand firm as ECB promises Greek aid

May 16 2012 12:29

The volatile rand was slightly firmer in midday trade following news that the European Central Bank will support the troubled Greek nation for the next six months.

Companies

Diamond sells for $9.7m at auction

May 16 2012 10:31

The 34.98 carat Beau Sancy diamond, once worn by royal families in France, England, Prussia and the Netherlands, is now owned by an anonymous bidder.


Company Snapshot

For detailed Unit Trust information, click here.

PORTFOLIO LEADERBOARD

Top 10 best performers Portfolio last updated at 23:05 on 16/05/2012
Rank Portfolio Name % Change Total Gain/Loss %
1 Smalls -0.06 484.19
2 Value Portfolio -0.06 477.47
3 Long-Term -0.06 401.26
4 AlexFine -0.01 222.30
5 Tracker3 -0.20 193.75
6 Tracker2 -0.33 170.33
7 Seaside Sam -0.02 167.74
8 Sck it DWJ! -0.23 137.66
9 Penny liner -0.20 132.93
10 Just Penny's -0.48 125.70
View full leaderboard
Most Popular Shares
  • vBought
  • vSold
Top 5 most vBought shares on Fin24 in the last 24 hours
Instrument Price Change % Change
ASR 269.99 11.99 4.65
CFR 50.62 3.48 7.38
MTN 136.62 1.92 1.43
NPN 462.31 6.81 1.50
SOL 361.50 -0.46 -0.13
Top 5 most vSold shares on Fin24 in the last 24 hours
Instrument Price Change % Change
SIM 0.03 0.00 0.00
ASR 269.99 11.99 4.65
CFR 50.62 3.48 7.38
NPN 462.31 6.81 1.50
SOL 361.50 -0.46 -0.13

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Business Calendar

16
May 2012
News Corp shakes off scandal
May 10 2012 12:17

As News Corp reports stronger than expected results, big questions remain about its ownership stake in BSkyB. (2:04)

Sasha

"On Monday alone according to the WSJ Greek depositors withdrew 700 million Euros of cash alone. Greek banks are going to have more and more liquidity issues as the panic spreads, I guess we should expect similar or higher numbers today. And German bunds are also attracting attention from Greek fol... Read their blog...

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