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Treasury: 3 concerns of investors, rating agencies

Economy

We're not holding back VAT refunds - SARS

Mar 28 2017 19:45

SARS denies that it was “holding back anyone’s money” in the form of delaying VAT refunds to boost its own revenue collection targets.

Economy

FULL STATEMENT: Gordhan's eight hours in London

Mar 28 2017 19:44

National Treasury has revealed what took place on its international roadshow that lasted just eight hours before Finance Minister Pravin Gordhan returned home on instruction of President Jacob Zuma.

Economy

SA raises maize-crop forecast to biggest in 36 years

Mar 28 2017 19:34

South Africa may reap the largest harvest of the grain in 36 years as rains improved yields and boost the crop’s size by 83% from last year.

Markets

Markets turbulent, rand 4.8% weaker than pre-Gordhan recall news

Mar 28 2017 19:04

Day 2 of the trading week continues to see turbulent markets on the back of Pravin Gordhan's recallrdhan, with the rand 4.8% weaker from it's pre-debacle level.

Economy

#GordhanGupta: Frenzy as Gordhan & Co unexpectedly pitches at court

Mar 28 2017 18:18

Finance Minister Pravin Gordhan made an unexpected stop at the Pretoria High Court, where lawyers were locked in debate after Gupta-owned Oakbay and Treasury could not make a deal.

 

In other news

Malawian bank targets Barclays Bank Zimbabwe

Mar 28 2017 16:16

First Merchant Bank Malawi says it has approached Barclays Bank and is now in talks for the possible acquisition of a controlling shareholding in Barclays Bank of Zimbabwe.

Lufthansa warns Brexit to hit UK airlines

Mar 28 2017 14:12

Lufthansa CEO expects France and Germany to take a hard line against the UK aviation industry in Brexit negotiations, threatening to disrupt flight connections.

UK businesses prepare Brexit wish lists

Mar 28 2017 10:11

Businesses are bracing for Brexit by making last-ditch demands of the UK government to keep their interests in mind.

Asian markets mostly higher after Wall Street sinks

Mar 28 2017 07:53

Asian stock markets have mostly been higher after Wall Street sank on worries the Trump administration might not do as much for businesses as once thought

Tokyo stocks down as automakers, electronics firms hit

Mar 28 2017 07:44

Tokyo stocks have sunk on a strong yen, with automakers and electronics firms taking a hit, while Toshiba dropped as its troubled US nuclear unit could start bankruptcy proceedings.

US stocks mixed as tax bill hopes offset health setback

Mar 28 2017 07:39

US stocks have finished mixed again, shrugging off early weakness as investors welcomed President Donald Trump's efforts to pivot to tax reform after flopping on health policy.

Trump convenes panel on empowering women in business

Mar 27 2017 18:42

President Donald Trump says empowering and promoting women in business are priorities in his administration.

Dramatic shift in Gordhan's risk of getting the chop - economist

Mar 27 2017 18:18

A Cabinet reshuffle is imminent and an exit of Finance Minister Pravin Gordhan is highly possible, says an emerging markets economist.

Analysis & Opinion

Opinion

A coup d’êtat of a special kind

With ANC so-called leaders scared or compromised and seemingly ready for...

Opinion

‘White monopoly capital' an excuse to avoid SA’s real problems

The term ‘white monopoly capital’ is not new but is increasingly used...

Opinion

How does SA Inc perform?

If South Africa were a company with its own share price, how would it...

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ARI African Rainbow Minerals ...R94.80R7.258.28%
KIO Kumba Iron Ore LimitedR203.70R12.366.46%
SOL Sasol LimitedR382.21R21.265.89%
TKG Telkom Sa Soc LimitedR76.27R4.095.67%
ASR Assore LimitedR234.50R11.425.12%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SGL Sibanye Gold LimitedR28.98R-1.18-3.91%
TFG The Foschini Group Limite...R165.54R-3.96-2.34%
WHL Woolworths Holdings Limit...R72.07R-1.57-2.13%
ACL Arcelormittal South Afric...R10.49R-0.21-1.96%
BGA Barclays Africa Group Lim...R150.75R-2.69-1.75%
All JSE data is delayed by at least 15 minutes and provided by INET BFA

Inside Fin24.com

 
South Africa

Zuma's threat to Gordhan can't be shrugged off: Gadfly

Mar 28 2017 17:34

By recalling Finance Minister Pravin Gordhan in the midst of a high profile international roadshow with investors, President Jacob Zuma has sent an unmistakable and profoundly negative signal about South Africa's attractiveness as a place to invest.

Finweek

Young South African leads the way in breast prosthetics

Mar 28 2017 12:02

Nneile Nkholise has started a company that uses additive manufacturing to design breast prostheses for women. Her goal is to supply a soft, light-weight product that is affordable and easy to access.

Company Snapshot

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