Gordhan: Targets to stay

Jul 03 2009 16:49

SA's policy of targeting inflation has helped to stabilise prices and grow the economy and will remain in place, Finance Minister Pravin Gordhan says.

Bonds

Bonds: A week of record losses

Jul 03 2009 16:13

Bond yields have clocked a record week of losses after Finance Minister Pravin Gordhan shocked investors.

Economy

Used car prices still sliding

Jul 03 2009 14:51

The decline in used car prices slowed in the second quarter of 2009, going down by -0.7% compared to -1.1% in the first quarter.

Companies

Small caps back in vogue?

Jul 03 2009 15:01

Small and medium capitalisation shares have been on some investors' shopping list, although questions remain whether the rally is sustainable.

Business

Zim reviews all mine contracts

Jul 03 2009 15:33

Zimbabwe will re-evaluate all mining contracts and introduce a "use it or lose it" policy for its mining industry under a proposed law.

Companies

Jubilee Plat bids for Braemore

Jul 03 2009 13:48

Jubilee Platinum unveils an all-share offer for smelting and refining technology group Braemore.

Companies

Liquidation order for BRC

Jul 03 2009 12:21

A court has granted a final liquidation order against BRC Diamondcore's SA assets.

MINEFIELD: Zimbabwe will re-evaluate all mining contracts and introduce a "use it or lose it" policy, Finance Minister Tendai Biti (pictured) has announced. - AFP Full story...

Breaking News

Cosatu: Nationalise mines

Jul 03 2009 20:03

Cosatu says it supports a call by the ANC's youth wing for the country's mines to be nationalised.

JSE ends flat in quiet day

Jul 03 2009 17:48

The JSE has ended flat in quiet trading day, with the US market closed for a public holiday.

Rand steady in thin trade

Jul 03 2009 16:18

The rand has remained steady in a range, amid thin volumes due to a US public holiday.

BHP to take R5bn hit

Jul 03 2009 09:58

BHP Billiton retreated further from high-cost nickel operations on Friday, announcing the sale of its Yabulu nickel refinery in Australia.

Worker dies at Harmony mine

Jul 03 2009 16:55

A worker has died at Harmony Gold's Phakisa mine, with the cause of death yet to be determined.

Bharti offered $1bn loan for MTN?

Jul 03 2009 14:28

State Bank of India has offered a loan of up to $1bn to Bharti Airtel to partly fund the Indian telecoms firm's planned stake buy in South Africa's MTN, according to reports.

Jobs market depressed

Jul 03 2009 13:57

A survey shows that that companies and recruitment agencies have been forced to adjust their recruitment strategies in these difficult times.

Housing: rate cuts no effect

Jul 03 2009 12:41

Industry players say high consumer debt has put a damper on any positive spinoff from lower interest rates on the residential property market.

Columnist

Simon Dingle

Internet by ox-wagon

While the rest of the world feasts on online video, SA languishes in the connectivity dark ages, writes Simon Dingle.

More columns...

Inside Fin24.com

Fear over cheap Euro imports

It is feared that illegal European imports may flood SA.

Car prices will remain high

New vehicles won't become any cheaper.

Treasury denies JSE reports

The National Treasury has denied rumours about changes to the JSE.

FNB lowers house deposit

FNB is reviewing its requirement of a property deposit of 10% to 15%.

Google starts SMS service

Google has unveiled a new SMS service for cellphone users in Africa.

A perfect storm in the making

Reflecting on the first half of 2009 and the outlook for the rest of the year.

International

Big European gas deal for Africa

Jul 03 2009 20:06

Nigeria, Algeria and Niger have signed an agreement to create a $10bn pipeline that would ship gas across the Saharan desert to Europe.

Business

SA govt 'will kill airlines'

Jul 03 2009 07:23

Having a state-subsidised domestic airline will jeopardise the future of the private industry, say local airline execs.

Companies

Adcock to save R128m on tax

Jul 03 2009 12:23

South Africa's No.2 drug maker Adcock Ingram expects to save about R128m on tax over four years owing to a special tax allowance.

Economy

Interest rate hikes coming

Jul 02 2009 11:28

South Africa's inflation outlook is bleak, leading the market to price in interest-rate hikes from the second quarter of next year.

Investing

Miners tipped to revive ailing SA

Jun 30 2009 17:08

Ernst & Young reckons a revival in the fortunes of the Dry Baltic Index shows the commodity market is turning, which will stimulate the SA the economy by 2010.

My Business

IDC committed to start-ups

Jul 03 2009 07:50

The Industrial Development Corporation says the majority of the R71bn earmarked for funding investment over the next five years will go to new businesses.