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Budget

LIVE: Nene's maiden budget address

Oct 22 2014 13:02

Finance Minister Nhlanhla Nene has a tough juggling act between raising tax revenue and curbing government expenditure when he delivers his first budget review.

Budget

Budget in a nutshell

Oct 22 2014 14:09

Finance Minister Nhlanhla Nene has tabled a tough Medium Term Budget Policy Statement in parliament, which will not be good news for everybody.

Budget

Nene: Economic growth has deteriorated

Oct 22 2014 14:08

Finance Minister Nhlanhla Nene has acknowledged in his mini budget that economic growth has deteriorated to the extent that it might jeopardise fiscal stability.

Budget

Government headcount to be frozen

Oct 22 2014 14:09

A key element of Treasury’s cost cutting plan is a freeze on new government jobs for two years.

Budget

Nene hints at privatisation

Oct 22 2014 14:09

Government believes state owned enterprises - like Eskom, Transnet and South African Airways - "should operate on the strength of their balance sheets".

Equities

JSE treads water ahead of mini budget

Oct 22 2014 13:24

The JSE's prospects are looking up but after a sharp recovery, the market was mainly treading water ahead of the medium-term budget proposals.

Industrial

Total names new head after CEO's death

Oct 22 2014 13:50

Total has named Patrick Pouyanne as its new chief executive while former CEO Thierry Desmarest was appointed chairperson, a union source told AFP.

Economy

Food, oil behind inflation dip - Investec

Oct 22 2014 13:28

The moderation in both food and energy price growth has been the main reason for lower Consumer Price Index inflation rate in September, says Investec.

 

In other news

African Minerals CEO eyes London Mining mine

14 minutes ago

African Minerals boss Frank Timis is looking to buy failed West African miner London Mining's iron ore mine in Sierra Leone through his private company.

Japan casino bill delayed again

29 minutes ago

Japan's plan to open up to casino gambling has been delayed again, dealing a blow to hopes the first resort will open in time for the 2020 Tokyo Olympics.

European markets steadier after wild markets

47 minutes ago

Europe's main stock markets have steadied after recent volatility as traders react to concerns over the outlook for global economic growth.

Japan's 'monetary shamanism' criticised

Oct 22 2014 12:15

Izuru Kato's dismissal of the Bank of Japan's stimulus policy as "monetary shamanism" is ringing loud in the ears of bank governor Haruhiko Kuroda.

Commission approves plumbing merger

Oct 22 2014 12:00

The intermediate merger between Grohe Luxembourg Four SA and Watertech has been unconditionally approved, says the Competition Commission.

EU's Juncker pledges investment plan for jobs

Oct 22 2014 11:22

Incoming head of the EU executive Jean-Claude Juncker has told the European parliament he would soon present his €300bn plan to bolster growth and jobs.

Fears of tough penalties grow in India

Oct 22 2014 10:30

An unprecedented ban on India's largest property developer from tapping capital markets has fuelled expectations of tougher penalties ahead.

Lawmakers in Japan eye casino to hasten recovery

Oct 22 2014 10:15

Business and political leaders in Japan are betting on a casino as hope to speed reconstruction in a region battered by the devastating earthquake and tsunami.

Analysis & Opinion

Opinion and Analysis

Money isn't everything

Ian Mann explains why Warren Buffett's son chose happiness over great...

Opinion

Fiscal realism required

The mini budget needs to focus on feasibility and credibility, says Jac...

Economy

The high price of fear

SA's culture of fear, violence and anger costs too much, says Mandi Smallhorne....

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WinnersPriceChange% Change
TKG Telkom Sa Soc LimitedR56.20R2.805.24%
KIO Kumba Iron Ore LimitedR297.80R11.053.85%
ASR Assore LimitedR231.16R6.212.76%
SGL Sibanye Gold LimitedR23.57R0.622.70%
AFH Alexander Forbes Group Ho...R7.99R0.192.44%
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Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
BTI British American Tobacco ...R588.80R-24.26-3.96%
NEP New Europe Property Inves...R103.40R-3.03-2.85%
NHM Northam Platinum LimitedR34.80R-1.00-2.79%
HAR Harmony Gold Mining Compa...R21.64R-0.46-2.08%
DST Distell Group LimitedR129.20R-2.23-1.70%
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Companies

SAA seeks to cash in on Vic Falls demand

Oct 22 2014 11:16

South African Airways has reportedly applied for seven more flights into Zimbabwe's Victoria Falls to cash in on growing demand from intercontinental destinations.

 

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