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Cosatu will strike if Cape Town doesn't solve train issues

Jul 30 2015 11:50

Cosatu has announced that they will embark on strike action in August "for the dismal state of the rail services in Cape Town" if Metrorail and Prasa doesn't solve the issues.

Economy

Eskom, Transnet and SAA praised for raising the bar

Jul 30 2015 11:40

State-owned companies often come under fire for poor performance and operational issues, but they have been praised for raising the bar with their integrated reports.

Industrial

Shell to axe 6 500 jobs, cut spending on oil price slump

Jul 30 2015 10:56

Royal Dutch Shell is to axe 6 500 jobs and step up spending cuts to deal with lower oil prices which contributed to a 37% drop in the group's second-quarter profits.

Economy

Outa cheers Joburg mayor's hard line on e-tolls

Jul 30 2015 09:55

Anti-tolls body Outa says it is encouraged by Johannesburg mayor Parks Tau's opposition to the tolling of Johannesburg’s urban road infrastructure.

Inside Labour

Labour Wrap: Sorting out the farming sector

Jul 30 2015 10:22

Now is a good time to look at government policies and some of the damaging consequences they can sometimes have, says Terry Bell in his latest Labour Wrap.

Currencies

Rand weakens ahead of US GDP data

Jul 30 2015 10:05

The rand has been weakened against the dollar ahead of US GDP data that could reinforce expectations the Federal Reserve will raise interest rates.

Travel & Leisure

SAA acting CEO goes back to Mango

Jul 30 2015 06:58

South African Airways says that Nico Bezuidenhout, its acting chief executive officer, will stand down and return to the Mango low-cost arm.

Economy

Disparities in SA employment - survey

Jul 29 2015 19:12

The latest Quarterly Labour Force Survey by Stats SA shows interesting disparities regarding youth, gender and race.

 

In other news

Dollar up on Fed rate talk, Asian markets up

21 minutes ago

The dollar has pushed higher after the Federal Reserve upgraded its outlook on the US economy, while Asian shares were mostly up after a Wall Street rally.

European stock markets climb at open

29 minutes ago

Europe's main stock markets have risen at the open on company updates and as investors assessed the US Federal Reserve's outlook for the economy.

BizSpark boost for SA entrepreneurs

Jul 30 2015 10:41

Microsoft’s BizSpark programme provides early-stage tech start-ups with the opportunity to join a vast network of entrepreneurs, partners and advisors.

Economy improving, Sept rate hike in view: Fed

Jul 30 2015 10:30

The US economy and job market continues to strengthen, leaving the door open for a possible interest rate hike when policymakers next meet in September.

IMF: China 'strong enough' to handle market rout

Jul 30 2015 10:00

International Monetary Fund managing director believes that China could weather the turmoil battering its stock exchanges.

Asian markets mostly higher after Wall St gains

Jul 30 2015 07:58

Asian markets have mostly risen, tracking a second straight rally in New York, while the dollar also pushed higher after the Fed upgraded its outlook on the US economy.

US stocks gain as Fed keeps rates low

Jul 30 2015 07:48

US stocks have risen after the Federal Reserve kept its benchmark interest rate at near-zero percent and gave no fresh clues on the timing of a long-awaited rate hike.

Oil prices extend gains in Asia

Jul 30 2015 07:56

Oil prices have extended a rebound in Asia following data showing a decline in US inventories, analysts say.

Analysis & Opinion

Opinion

Patriotic reporting or corruption whitewash?

A free press has implications for economic development, says Leopold Scholtz....

Opinion

Public figures letting SA down

The madness we see happening in our public institutions is hardly conducive...

Opinion

BOOK REVIEW: Get ready for the DIY economy

The world is on the verge of a new “sharing economy" which gives us a...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
KST Psg Konsult LimitedR9.50R0.202.15%
TON Tongaat Hulett LimitedR122.55R2.552.13%
RDF Redefine Properties Limit...R11.47R0.221.96%
JSE Jse LimitedR148.50R2.501.71%
NPK Nampak LimitedR32.41R0.521.63%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
HCI Hosken Consolidated Inves...R136.28R-4.47-3.18%
KIO Kumba Iron Ore LimitedR108.50R-2.50-2.25%
SLM Sanlam LimitedR67.74R-0.93-1.35%
TFG The Foschini Group Limite...R141.16R-1.87-1.31%
ANG Anglogold Ashanti LimitedR77.83R-0.97-1.23%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
 

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