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Property

Average house price passes R1m mark - index

Jul 01 2015 22:00

The average house price for June has risen year-on-year, slightly up from May’s, according to the latest FNB House Price Index.

Financial Services

Investec CEO's increase in salary, bonus to R56.9m

Jul 01 2015 20:07

Stephen Koseff, chief executive officer of Investec, received R56.9m in salary and bonus for the fiscal year ended in March, a 23% increase from a year earlier.

Mining

Assore expects earnings drop on weaker prices

Jul 01 2015 18:30

Iron ore and manganese producer Assore says its full year earnings are expected to be up to two thirds lower after the dollar prices for its commodities fell during the period.

Financial Services

Greece to re-open bank branches for pensioners

Jul 01 2015 16:48

Greece will re-open 1 000 bank branches until the end of the week to cater for pensioners who do not use cash cards for automated teller machines.

Property

Sustained demand for commercial property

Jul 01 2015 17:14

Well-positioned commercial property in outlying areas around SA is proving increasingly attractive to both local and international buyers, says an expert.

Industrial

Air cargo growth still slowing

Jul 01 2015 17:03

The International Air Transport Association has released data for global air freight markets showing that growth has continued to slow in May.

Financial Services

'Expensive' label hits stocks, Nedbank sits on cash

Jul 01 2015 16:51

Expensive. That’s the tag plaguing stocks and driving investors such as Nedbank Private Wealth to park their money in cash-like securities to avoid losses.

Agribusiness

Poultry body seeks load shedding mercy for chickens

Jul 01 2015 10:57

Chicken producers will ask the state to help them guarantee electricity supply to SA’s biggest abattoirs as almost-daily power cuts are harming the birds’ welfare.

Retail

Edcon asks bondholders to take loss

Jun 30 2015 20:07

Edcon has asked holders of the company’s €425m of 2019 bonds to take a loss on their investment as the company seeks to shore up its finances.

Advertising

A loss of trust and respect

Jul 01 2015 06:24

Is SA still geared to attract the best as the decisions our leaders take on our behalf put us on the defensive, asks Solly Moeng.

Inside Fin24.com

 
Financial Services

HSBC faces $2.4bn bill for new ringfencing rules

Jul 01 2015 09:30

HSBC will face a bill of around $2.4bn to shield its domestic retail customers from riskier parts of its operations, says the chairperson of its UK business.

Travel & Leisure

Putco matter postponed by Labour Court

Jun 30 2015 19:45

An application by Putco to have a new bus operator take over staff affected by its cancelled contracts has been postponed by the Johannesburg Labour Court.

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There are no formal training requirements for becoming a beautician in South Africa. But it is highly recommended you complete a course in beauty therapy.
 

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