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Come clean on R1.6m New Age ads - DA

Mar 01 2015 13:30

The DA wants answers from Communications Minister Faith Muthambi on reports that her ministry spent an unauthorised R1.6m on newspaper advertisements.

Budget

Nene is running out of options - expert

Mar 01 2015 14:26

The government is divided and Finance Minister Nhlanhla Nene can only do so much in his budget speech as he is not the president, says an expert.

Mining

Khulubuse Zuma goes to court over R1.5bn Aurora claims

Mar 01 2015 12:17

Khulubuse Zuma has lodged an urgent court application to have claims of about R1.5bn against Aurora Empowerment Systems set aside.

Tech

50 000 Uber drivers in hacking breach

Mar 01 2015 11:33

Uber joins the ranks of companies hit by data breaches, saying a hacker may have gained access to the license numbers of some 50 000 of its drivers.

Travel & Leisure

Plot to catch SAA chief backfires

Mar 01 2015 10:26

Top private investigator Paul O’Sullivan tried to force SAA chairperson Dudu Myeni to resign by inadvertently using fake bank statements.

Economy

No big bang in Indian budget

Mar 01 2015 13:37

Indian announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work.

Industrial

PetroSA could cut workforce by 40%

Feb 27 2015 22:30

PetroSA is set to cut its workforce by close to 40%, according to a letter from the CEO to a union released to the media.

 

In other news

India raises defence budget modestly

45 minutes ago

I allocated a modest 7.9% increase in defence spending for the fiscal year, suggesting that it will move only gradually with the military's long wish list.

Mexican company gets deal to invest in Cuba

Mar 01 2015 12:29

A Mexican meat processing firm is the first international company to get approval for an investment project in Cuba's first special economic development area.

Russia's Rosneft may get $5bn for projects

Mar 01 2015 11:45

Russian state oil firm Rosneft may get $5bn from the National Wealth Fund to finance five projects, both upstream and downstream, says energy minister.

Putin is a 'naked king' facing economic ruin - tycoon

Mar 01 2015 11:30

Former Russian tycoon Mikhail Khodorkovsky says Vladimir Putin is a "naked king" presiding over an economy that will weaken further.

Glencore cuts Australia coal output on weak demand

Mar 01 2015 11:15

Mining and commodities giant Glencore Xstrata says it is reducing its coal production in Australia by 15 million tons amid weak global demand and oversupply.

Morgan Stanley to pay $2.6bn in fines

Mar 01 2015 11:01

The financial company Morgan Stanley has agreed to pay $2.6bn to settle an investigation into its role in the 2008 financial crisis.

European stocks close mostly higher

Feb 27 2015 19:08

Europe's main stock markets have finished the week mostly higher with London's benchmark FTSE 100 index hitting an intra-day record high.

Upmarket bug snacks to creep into Thai stores

Feb 27 2015 20:24

Street vendors selling deep-fried insects as snacks are a familiar sight in Bangkok, but a Thai entrepreneur is trying to give edible bugs a more upmarket appeal.

Analysis & Opinion

Opinion

More leadership, Mr Nene

Nene's prudent budget may be a touch too conservative, says Jaco Leuvennink....

Advertising

State firm let-downs

Parastatals' lacklustre performance is a reputational threat to firms,...

Opinion and Analysis

Generational rethink

Technology is blurring age-related generational divides in business, says...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
DST Distell Group LimitedR178.65R7.154.17%
HAR Harmony Gold Mining Compa...R28.74R0.943.38%
NHM Northam Platinum LimitedR51.65R1.653.30%
CLS Clicks Group LimitedR89.55R2.853.29%
CCO Capital & Counties Proper...R73.00R2.203.11%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
PIK Pick N Pay Stores LimitedR52.82R-2.08-3.79%
IMP Impala Platinum Holdings ...R71.71R-2.61-3.51%
ARI African Rainbow Minerals ...R122.41R-4.06-3.21%
ITU Intu Properties PlcR64.01R-1.90-2.88%
SLM Sanlam LimitedR75.60R-2.24-2.88%
All JSE data is delayed by at least 15 minutes and provided by McGregor BFA

Inside Fin24.com

 
Companies

BoE's next move likely to be rate hike

Feb 27 2015 17:15

The Bank of England is expected to increase the interest rates because the factors that have pushed down inflation sharply are largely transitory.

 

Company Snapshot

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