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Tech

Bill Venter to step down as Altron chair next week

Feb 24 2017 07:45

Industry veteran Dr Bill Venter, who founded JSE-listed IT group Altron 51 years ago, will step down as the company’s non-executive chair at the end of this month.

South Africa

SA tops global equity returns since 1900 - study

Feb 24 2017 07:04

SA stocks have returned an average 7.2%, more than 2 percentage points above the global average and the most among 23 nations, according to data going back 117 years.

Budget 2017

Call for SA to review fuel and RAF levies

Feb 24 2017 06:00

Motorists remain easy targets for revenue collection although many are suffering as a result of increases to the fuel price, says the Automobile Association.

Budget 2017

Budget squeezing an already bled tax base – IRR

Feb 24 2017 05:00

Finance Minister Pravin Gordhan’s budget lacked a plan for growth and austerity, adding more pressure to a burdened tax base, says IRR chief operations officer Gwen Ngwenya.

Budget 2017

Don't personalise Treasury/SARS issue - Gordhan

Feb 23 2017 20:30

Finance Minister Pravin Gordhan told MPs not to personalise his engagements with SARS about the tax system and its administrative capabilities.

Budget 2017

Credible Gordhan stymied by political & policy paralysis

Feb 23 2017 19:55

In what might be his last Budget, Gordhan could ultimately not walk that extra mile in providing some type of sustainable programme for growth, says Daniel Silke.

Business and economy

Government plays dirty with renewables

Feb 23 2017 19:52

Research by the CSIR shows that renewable energy is a feasible option for SA, yet government’s proposed long-term energy strategy for the most part snubs renewables.

Budget 2017

Jonas: Monopoly in itself is problematic

Feb 23 2017 19:18

There has been too much focus on white monopoly capital. Monopoly in itself is problematic, says Deputy Finance Minister Mcebisi Jonas.

 

In other news

Hong Kong stocks end morning with losses

9 minutes ago

Hong Kong shares have ended in the red, tracking a broad sell-off across global markets as the recent rally peters out while investors await a key speech by Donald Trump next week.

Dow stands out as global stocks tread water

12 minutes ago

The blue-chip Dow has been the lone riser among major stock indices as global markets largely ran in place.

Dollar, Asia stocks track global losses on US uncertainty

19 minutes ago

The dollar has struggled to recover, Asian markets suffered fresh losses after Treasury lowered US growth expectations and appeared to temper Trump's belligerence towards China's currency policy.

Budget 2017: The wealthy will pay more

Feb 23 2017 19:15

A new tax bracket for high-income earners and higher dividends tax were some of the answers finance minister Pravin Gordhan had to finding a R28bn shortfall in tax revenue.

Amazon’s e-book policy squeezes publishers

Feb 23 2017 18:45

As the dominant player in the e-book industry, Amazon has turned the traditional publishing industry upside-down. Now the publishers are trying to fight back.

Shwe’s fashion revolution

Feb 23 2017 18:23

Julia Franco’s social enterprise has reinvented her life and taught her about the meaning of money, work, community and fashion.

BAT Zim full-year volumes down 21%

Feb 23 2017 15:19

British American Tobacco Zimbabwe has reported a 21% drop in sales volumes for the year to end-December 2016 on the back of weak consumer demand.

Massmart shares climb as profits improve on costs

Feb 23 2017 15:05

Walmart’s experience in controlling costs is helping Massmart improve profit as shoppers have been hurt by high food inflation.

Analysis & Opinion

Inside Labour

Inside Labour: A budget by any other name would smell the same

The government should scrap VAT - a tax that penalises the poor - and...

Opinion

BOOK REVIEW: How to hone your impromptu speaking skills

The value to one’s career of participating in meetings early, clearly...

Budget 2017

Beyond the numbers, Gordhan's budget will be a political statement

Last year, Pravin Gordhan was seen as a saviour following the Nene debacle....

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
BID Bid Corporation LimitedR257.25R25.7511.12%
MSM Massmart Holdings LimitedR145.25R13.5410.28%
ITU Intu Properties PlcR47.70R2.595.74%
ASR Assore LimitedR274.51R12.424.74%
HCI Hosken Consolidated Inves...R141.00R6.004.44%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
CCO Capital & Counties Proper...R48.08R-2.47-4.89%
IMP Impala Platinum Holdings ...R47.00R-2.28-4.63%
ACL Arcelormittal South Afric...R12.97R-0.52-3.85%
S32 South32 LimitedR24.87R-0.73-2.85%
NEP New Europe Property Inves...R151.98R-3.99-2.56%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
Finweek

Test of independence for Competition Tribunal

Feb 23 2017 10:45

Politicians are turning up the heat on the banks accused of collusion, but the competition regulator must do all it can to ensure that political pressure does not influence its decisions.

Company Snapshot

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