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Ascendis buys stake in Spanish drug firm

Aug 03 2015 11:19

Ascendis Health has made its first international acquisition with the purchase of a 49% stake in Spanish pharmaceutical group Farmalider.


UPDATE: Technical glitch hits Standard Bank website, app

Aug 03 2015 11:00

Customers of Standard Bank have taken to social media to express their frustration at the financial institution’s banking website having gone down.

International Markets

Banks bleed in Greek stock market rout

Aug 03 2015 10:39

Greece's stock market has plunged nearly 23% when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the eurozone.


Telkom job cuts cost R1.1bn

Aug 03 2015 09:47

Local telecoms company Telkom has paid R1.1bn in voluntary early retirement and severance packages, according to the company’s latest quarterly report.


Amcu snubs higher wage offer

Aug 03 2015 09:54

Union Amcu has rejected a pay offer made by operators including AngloGold Ashanti, stopping short of calling a strike.


Rand under pressure, US rate outlook to set course

Aug 03 2015 09:39

The rand has remained under pressure after the release of weak manufacturing data out of China, a key importer of local commodities.


Emigration knocks growth of SA's rich

Aug 03 2015 07:26

While South Africa and Egypt remain Africa’s biggest wealth centres, growth in the numbers of the rich has been held back by emigration, a report shows.


SA startup scores US accelerator jackpot

Aug 03 2015 07:15

One South African startup has hit the accelerator jackpot by being the first to be included in the US-based 500 Start-ups accelerator.


In other news

Greek factory output collapses as banks close

Aug 03 2015 11:15

Greek manufacturing activity in July plunged to the lowest level on records going back 16 years, due to a dive in new orders and a three-week bank shutdown.

China July factory activity shrinks most in 2 years

Aug 03 2015 11:00

China's factory activity has shrunk more than estimated in July, contracting by the most in two years as new orders fell, dashing hopes of a steadying economy.

Only payrolls surprise may shake stalling US market

Aug 03 2015 07:37

Unless next week's payrolls report is an outlier, investors should expect a constant directionless market, keeping the S&P 500 trading in place for most of the year.

Asia stocks mostly down as China manufacturing slows

Aug 03 2015 07:29

Asian markets have mostly fallen as China shares were dragged down by poor manufacturing figures and investors followed a drop on Wall Street.

Oil prices languish as supply concerns linger

Aug 03 2015 07:23

Oil prices have fallen in Asia on persistent concerns about the global supply glut after OPEC's indication that it will not budge from its current lofty output levels.

Concerns over Croatia tourism

Aug 02 2015 18:00

As Croatia gears up for exploration of oil and gas in the Adriatic sea, green groups have raised concerns about the environment and economy of the tourism-dependant country.

Madagascar mess-ups keep tourist 'paradise' marooned

Aug 02 2015 17:15

Tour operators blame the latest drop in visitor numbers on mass cancellations that followed a month-long Air Madagascar strike that has grounded all internal flights.

Exxon,Chevron profits dive

Aug 02 2015 16:30

US oil giants Chevron and ExxonMobil have signaled further belt-tightening ahead as the industry responds to lower oil prices.

Analysis & Opinion


Shutting down good citizens

If you want good citizens, then stop wasting our time, says Mandi Smallhorne....


ESG reporting in SA: where are the gaps?

What are the gaps in sound environmental, social and governance policies...


The unemployment bugbear

The issue for SA's 5.2 million unemployed is the policy response rather...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
PFG Pioneer Food Group Limite...R201.79R3.791.91%
RES Resilient Property Income...R102.31R1.891.88%
KAP Kap Industrial Holdings L...R6.33R0.111.77%
TBS Tiger Brands LimitedR289.82R4.941.73%
DTC Datatec LimitedR69.26R1.101.61%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
MDC Mediclinic International ...R106.72R-5.94-5.27%
AGL Anglo American PlcR153.45R-6.42-4.02%
EXX Exxaro Resources LimitedR71.94R-2.97-3.96%
GFI Gold Fields LimitedR32.95R-1.31-3.82%
ARI African Rainbow Minerals ...R67.83R-1.88-2.70%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com


Challenges of the sandwich generation

Aug 03 2015 07:49

Not saving for your children’s education because you’re also supporting aged parents will result in an uneducated generation which is less able to find work, warns an expert.


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