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AM Update
Good Morning
Wednesday, 01 July 2015
This Morning's Headlines
Govt sells Vodacom stake to fund Eskom
The government has sold its 13.91% stake in Vodacom to help fund the R23bn allocation to Eskom, says the National Treasury.
Companies
WATCH: Naspers has the firepower to grow, says CEO
Naspers has the financial firepower and appetite for more mergers and acquisitions, says CEO Bob van Dijk.
Economy
Greece now in same bracket as Zim, Sudan and Cuba
Greece's last-minute overtures to creditors for financial aid were not enough to save it from becoming the first developed economy to default on an IMF loan.
Economy
First part of new e-toll dispensation to start
The first part of the new dispensation on e-tolls, announced by Deputy President Cyril Ramaphosa in May, will come into effect tomorrow, Sanral says.
Latest News
Euro holds steady after Greece defaults
Asia markets mostly higher, eyes on Greek referendum
US stocks rise as Greek default looms
Oil eases after Greece misses IMF payment
Most Read
Cape Town impounds over 200 Uber cars in 2015
Nersa didn’t buy Eskom’s threat, says Yelland
Consumers pushed to knife's edge
5 reasons why Nersa turned Eskom down
Greeks take to the streets as bank shutdown bites
Hot Topics
Wef Africa
Debt
#Eskom
Wi-Fi
Personal Finance
New on Fin24
A loss of trust and respect
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.
Greece: What lies in store?
Julien Marcilly takes a look at what may transpire in the troubled country after the referendum which will seal its fate.
Markets Data »   View full markets data
SA Indices Level % Change
Top 40 46 141,59 -0.55%
All Share 51 806,95 -0.37%
View more SA Indices
World Markets Level % Change
DOW IND 17 619,51 0.00%
FTSE 100 6 520,98 0.00%
View more World Markets
Commodities Price % Change
GOLD $1 173,95 -0.05%
OIL $ 62,86 -0.44%
PLATINUM $1 084,50 0.46%
View more Commodities
Currencies Price % Change
ZAR/EUR R 13,53 0.17%
ZAR/GBP R 19,09 0.16%
ZAR/USD R 12,16 -0.01%
View more Currencies
SA Equities Top 100
Selected from the SA Equities Top 100 by market cap.
Winners Price % Change
BAT Brait Se R123.30 6.68
TKG Telkom Sa Soc Limite... R64.13 4.28
RES Resilient Property I... R96.45 3.83
COH Curro Holdings Limit... R34.50 3.60
OCE Oceana Group Limited R97.00 3.48
Losers Price % Change
BIL Bhp Billiton Plc R240.63 -4.57
LON Lonmin Plc R21.48 -4.11
ASR Assore Limited R103.50 -3.98
AGL Anglo American Plc R176.90 -3.96
ANG Anglogold Ashanti Li... R109.65 -3.82
View more SA Equities Top 100
Data provided by INET BFA.
Company News
Edcon asks bondholders to take loss
Putco matter postponed by Labour Court
Things are looking up for SAA - CEO
Amplats drops to 10-year low, metal prices dip
Suzuki CEO names son to succeed him as president
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Money » More in this section
Tax
Time to file tax returns
Tax filing season is due to start in less than 12 hours, and taxpayers are advised to have all the required supporting documentation before filing.
Debt
Wake up call for SA's many borrowers
South Africans are poor savers with only 20% of adults invested in a savings product from a formal financial institution – one of the lowest rates in the world.
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Al-Bashir: African Unity at the expense of jobs & a tattered reputation?
The DA's Toby Chance looks at reports that Zuma was approached by Mugabe to ensure al-Bashir’s safe exit, and wonders how this could affect the AGOA treaty.
On the JSE, founding CEOs outlive professional managers – by a mile
Removing the biggest risks in online transactions – settlement and fulfilment
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