Had Finance Minister Pravin Gordhan raised VAT, he would probably have been fired.
Gordhan’s budget was disappointing and even a bit depressing, says Jaco Leuvennink.
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Several finance stakeholders are supporting an application for an alternative exchange which will list small businesses.
Last week the JSE's All-share index rose above 35 000 points for the first time, but this does not mean investors should jump into a buying frenzy.
High-speed computerised stock trading has led to huge losses in a 45-minute foray for Knight Capital Group, a company in the vanguard of the technology.
In a first for South Africa, Sanlam's online trading platform iTrade will launch an advanced technical analysis tool for short- and long-term investors.
Safe haven assets are starting to look risky.
The JSE's gold index has risen almost as much as the gold price, but analysts still do not regard gold shares as the best way to invest in the yellow metal.
Why consumer goods, not mining stocks are best for Africa exposure.
Gold will likely reach between $1 700 and $2 000 an ounce by year end, says an industry leader.
While being questioned for allegedly bribing South Korea’s president, Samsung Group’s Jay Y. Lee is locked up at a prison notorious for housing convicted billionaires, a serial killer and the hangman’s noose.
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