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Cronin calls for end to BEE targets

Sep 08 2010 09:53

The narrow black economic empowerment focus has "set back" South Africa's critical mining sector, SA Communist Party deputy general secretary Jeremy Cronin says.

Economy

Malema calls for land 'revolution'

Sep 07 2010 13:44

A land revolution is necessary, but SA will not go about it the same way as Zimbabwe, says the ANC Youth League president.

Economy

Union leaders fail to sell deal

Sep 07 2010 20:08

Shocked Cosatu officials say they are struggling to convince their members that government's wage deal should be accepted.

Economy

Taxpayers spared bailing out banks

Sep 07 2010 18:14

Deputy Minister of Finance Nhlanhla Nene says SA was fortunate it did not have to call on its taxpayers to save its banks during the recent financial crisis.

Economy

Taxpayers didn't have to save banks

Sep 07 2010 12:27

SA was fortunate in not having to call on taxpayers to save its banks during the slump, says Deputy Finance Minister Nhlanhla Nene.

Economy

Strike threat over 'no work, no pay'

Sep 07 2010 12:22

Cosatu has threatened a renewed public sector strike in the Western Cape over the application of the no work, no pay principle in the province.

Economy

Cape Town cashflow OK

Sep 07 2010 21:59

The City of Cape Town has emerged from the Soccer World Cup with improved capital investments and a strong cash position.

Economy

State workers return to posts

Sep 07 2010 11:32

Hundreds of thousands of government employees have returned to their jobs after suspending a disruptive three-week strike which hit schools and hospitals.

Economy

Netshitenzhe: nationalisation premature

Sep 07 2010 10:52

A strategic national plan for the mining sector needs to be developed before looking at the nationalisation of mines, says a senior ANC official.

Inside Fin24.com

Savings disaster

SA faces social disaster if financial pressure is allowed to interfere with savings goals.
New consumer act plea

The new consumer protection law is likely to have "serious financial implications" for businesses.
Avoiding e-filing mistakes

Business owners need to take care when filing tax returns online.
The health gap

In addition to pension savings, a newly retired couple will need R1m to fund medical care.
Repo looks ripe for cut

Nineteen out of 23 economist polled expect the Reserve Bank to cut the repo rate.
JSE off black ownership target

Black ownership of JSE-listed companies is still a way off the 2017 target.
Facelift planned for rails

The framework for a Jhb-Dbn speed rail should be completed by 2011.
Entrepreneurship Q&A

Do you have questions on your firm's financing needs?

Economy

No major intervention to ease rand

Sep 07 2010 10:48

New figures show that the SA Reserve Bank did not sell foreign currencies aggressively to ease the rand's gains.

Economy

SA forex reserves down

Sep 07 2010 08:37

South Africa's net reserves increased slightly to $39bn, but foreign exchange reserves fell.

Latest Headlines

Economy Cronin calls for end to BEE targets Malema calls for land 'revolution' Union leaders fail to sell deal	Business Numsa rejects auto industry offer Six nuclear power stations planned Business confidence at annual high	Markets Oil falls on EU bank debt worries Gold miners, resources lift JSE European shares edge higher
Investing Draft code for investors released FSB probes smaller unit trusts The health gap	My Business New PAYE tax process for SMEs Ominous issues loom over firms How to avoid e-filing mistakes	Companies Anglo appoints Gomwe to exececutive committee KWV pours generous dividend Surge in Richemont sales

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Company Snapshot

Make money from art

Sep 02 2010 12:48

Art's nicer to look at than stock and bond certificates, but can it make you money? Fin24.com spoke to the experts about this alternative investment class. Time: 3:00

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South Africa has much potential to be a winning nation. While determining how this winning status will be measured is a challenge in itself, the South Africa has much raw potential on multiple levels to be classed as a winning nation. Let us start by looking at the positives: Firstly we have... Read their blog...

Metal Heads, Sept 7 '10

Fin24.com's mining journalists speak to Wits Gold about the miner's deal to buy Harmony assets and find out whether the financial woes of copper miner Metorex are over. Time: 16:28 Listen Here...

Off the Record, Sept 3 '10

Fin24.com editors' take on the week in business news. Lack of leadership and the strike, JSE black ownership and preview of Finweek’s cover story for discussion today. Time: 19:24

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Vote

Q: Unions have rejected the state’s latest wage offer. Government should:

		Stick to its guns
		Return to its original offer
		Offer more


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Read it in FinWeek

Investment opportunities at your fingertips

-57 minutes ago

Companies included in the JSE’s Top 40 index earn roughly two-thirds of their annual profits outside South Africa. It’s worth mentioning that astounding statistic since our “big cats” caused quite a stir over recent weeks with various corporate manoeuvrings (real and rumoured), events that raised the profile of those counters on international markets. BHP Billiton quite unexpectedly made a cash offer of close on US$40bn for Potash Corp. In terms of market cap, it’s the world’s largest producer of raw materials for the fertiliser industry. Old Mutual is sitting around the negotiation table with HSBC, apparently the world’s largest bank, which wants to take over Nedbank for $7bn.
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