• Dangerous games

    Employers' body Neasa is playing a potentially dangerous game, says Terry Bell.

  • Rational thinking

    All players should first consider the net result of their actions, says Leopold Scholtz.

  • Telkom's property poser

    BEE may be hindering Telkom's plans to offload redundant real estate, says Gugu Lourie.

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View company snapshot for more news and data.

Economy

Green light for R80bn Transnet class suit

Jul 31 2014 13:14

A judge has decreed that a class action suit may be launched on behalf of impoverished Transnet pensioners, in an attempt to recover R80bn in lost assets.

Economy

Producer inflation slows to 8.1%

Jul 31 2014 13:08

Producer inflation has slowed to 8.1% year-on-year in June from 8.7% in May, says Statistics South Africa.

News

Neasa not fazed by Numsa, Cosatu threats

Jul 31 2014 10:52

The National Employers' Association of South Africa says it is not fazed or intimidated by Numsa and Cosatu's threats against its members.

Economy

Beer intake reflects inequality gap in Zim

Jul 31 2014 10:44

Beer consumption in Zimbabwe is fast becoming a key reflector of the inequality gap within the country, at least according to numbers from beverage maker Delta.

Mining

Zimplats gets smelter to comply with new laws

Jul 31 2014 11:25

Impala Platinum-owned Zimplats says it will pay $690m to modify an old smelter to meet government requirements of having all platinum processed in Zimbabwe.

Industrial

Sappi swings to profit on cost cutting

Jul 31 2014 11:10

Sappi's results show that demand for glossy paper has fallen as tablet computers and e-readers take a huge bite out of the traditional magazine industry.

Economy

Millions of illegal products destroyed

Jul 31 2014 10:02

Illegal products worth R438m have been destroyed, says the department of trade and industry.

Your Voice

Debate on interest rate hikes heats up

Jul 31 2014 10:02

Fin24 users seem to be in two camps regarding the view that the prime interest rate could peak at 11% sometime in 2015.

 

In other news

Rolls-Royce to return to growth next year

15 minutes ago

Aero-engine maker Rolls-Royce is on track to return to growth next year, after profits have fallen as expected in the first half.

Asian stocks mixed, US growth weighs

30 minutes ago

Asian markets have been mixed after US data showing the world's top economy grew much more than expected in the second quarter.

Lufthansa reports net profit drop

45 minutes ago

German airline Lufthansa says its second-quarter net profit has fallen year-on-year due to pilots strikes, excess capacity on transatlantic.

AstraZeneca raises forecasts

Jul 31 2014 12:19

AstraZeneca has raised its sales and earnings forecasts for the year, showing resilience after seeing off a $118bn takeover approach from rival Pfizer.

Operations stable at Sentech

Jul 31 2014 11:34

Operations have been stable at Sentech following strike action by members of the Communication Workers Union.

Investec quarterly income flat

Jul 31 2014 10:45

Investment bank Investec has reported a 1% rise in first-quarter operating income, while bad debt losses have fallen by 17%.

Trading suspended in stricken Portugese bank

Jul 31 2014 10:30

Lisbon stock market authorities have suspended trading in Banco Espirito Santo after the stricken Portuguese bank announced historic losses.

Cuban tourism industry stalls

Jul 31 2014 10:13

The Cuban tourism industry has stagnated in 2013 and is struggling to get more visitors, the latest indication of a general slowdown in the country's economy.

Analysis & Opinion

Inside Labour

Where's the rational thought?

All players should first consider the net result of their actions, says...

Opinion

Telkom's property poser

BEE may be hindering Telkom's plans to offload redundant real estate,...

Opinion

Zim leadership in denial

Zimbabwe's leadership signals left but then turns right, says Malcom Sharara....

  • Winners
  • Losers
  • Most Visited NEW
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ITU Intu Properties PlcR59.49R1.933.35%
SGL Sibanye Gold LimitedR25.92R0.421.65%
BAT Brait SeR75.00R1.101.49%
RCL Rcl Foods LimitedR16.64R0.241.46%
FSR Firstrand LimitedR43.42R0.541.26%
graph
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SAP Sappi LimitedR41.10R-1.90-4.42%
OMN Omnia Holdings LimitedR231.34R-5.66-2.39%
LON Lonmin PlcR41.54R-0.97-2.28%
PWK Pick N Pay Holdings Limit...R25.31R-0.56-2.16%
FBR Famous Brands LimitedR97.50R-1.68-1.69%
graph
Most visited Company snap shot pages on Fin24 in the last 24 hrs.
Most Visited EquitiesNumber of views
STX40 27
rmbt40 25
STXIND 4
gld 4
DBXWD 2
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Inside Fin24.com

 
Companies

Sibanye profit falls after share issue

Jul 31 2014 09:44

Gold producer Sibanye Gold says its first-half earnings have fallen by more than 50%, reflecting the impact of a share issue this year.

 

Company Snapshot

 

Go solar and save

Households may have to examine alternative forms of energy after Eskom has been given permission to raise electricity prices above the 8% previously granted.

 
 

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