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Christo Wiese gives evidence before a committee of

Wiese: This is the first time I've been sued by SARS

SA billionaire businessman Christo Wiese maintains his tax affairs are in order and says this is the first time he has ever been sued by SARS.

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4 things you need to know about tax-free savings accounts

Jul 22 2018 20:00

Tax-free savings accounts are tools for long-term investment strategies, but education is needed to ensure that people use them effectively.

Economy

Zim's tobacco sales hit new record

Jul 22 2018 17:25

Zimbabwe is set to ease its foreign currency challenges after the country reported record breaking tobacco sales for the 2017/18 marketing season.

ICT

The story behind Google's secret offer to settle EU's android probe

Jul 22 2018 16:25

European Union Competition Commissioner Margrethe Vestager coolly hit Google with a €4.3bn fine, the biggest penalty in the history of antitrust enforcement. But it didn’t have to be that way.

Your Voice

From junk to charm: Here's how South Africans are saving through upcycling

Jul 22 2018 15:46

Eliminating waste and saving thousands: here's how SA's upcyclers are doing it.

Financial Services

Finbond appoints new auditors after giving KPMG the boot

Jul 22 2018 14:30

Deloitte has been appointed as the new external auditors of Finbond Group Limited after the mutual bank dumped scandal-hit KPMG.

 

Analysis & Opinion

Opinion

The numbers will tell the truth

By the end of today there may be a fairly clear indication of how much...
Opinion

Dumped radio told us the real story

It was luck, I guess, and as they say, “in the long run, it is better...
Opinion

Could you live on R736 per month?

How is it that those who do not lay a single brick – let alone lift a...
Opinion

Ramaphosa's tight-rope walk working - for now

Cyril Ramaphosa must win over the poor and marginalised, whose plight...
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Give them the ride, not the car: The evolution of companies that learnt to survive

The new generation of consumers won't be satisfied with products. They...

In other news

Improving gender diversity in financial services

Jul 22 2018 16:00

Instead of simply assimilating women into the existing corporate culture of the financial services industry, a true commitment to changing the structural and cultural status quo is needed.

What a culture of open means

Jul 22 2018 15:00

Embracing the power of networks and connection will take your organisation into the future.

Saving in offshore investments

Jul 22 2018 14:27

There’s no harm in broadening your investment horizons by asking your financial adviser or portfolio manager what options are available to you in terms of offshore investments.

Calls for fuel levy cuts may fall on deaf ears as government bags billions

Jul 22 2018 09:51

If the fuel and Road Accident Fund levies were to be halted, the government would lose on average close to R200 million a day.

South Africa at nexus of multilateral discussions

Jul 22 2018 06:05

This year South Africa is at the nexus of a number of important global discussions and in its best position yet to champion the case for Africa, as well as its own domestic growth agenda.

Moyane wants Ramaphosa, Gordhan grilled at his disciplinary

Jul 22 2018 08:37

Suspended SARS commissioner Tom Moyane is demanding that President Cyril Ramaphosa and Public Enterprises Minister Pravin Gordhan appear before his disciplinary inquiry so they can face cross-examination.

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
DSY Discovery LimitedR158.26R6.794.48%
BTI British American Tobacco ...R697.50R25.043.72%
PSG Psg Group LimitedR224.69R7.693.54%
VOD Vodacom Group LimitedR131.32R4.343.42%
IPL Imperial Holdings LimitedR213.70R6.893.33%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SNH Steinhoff International H...R3.23R-0.33-9.27%
EXX Exxaro Resources LimitedR124.62R-8.08-6.09%
KIO Kumba Iron Ore LimitedR287.55R-12.90-4.29%
S32 South32 LimitedR34.70R-1.52-4.20%
ASR Assore LimitedR264.63R-11.03-4.00%
All JSE data is delayed by at least 15 minutes and provided by Morningstar

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South Africa

INFOGRAPHIC: How SA stacks up on the Big Mac Index

Jul 22 2018 14:12

According to the latest Big Mac Index, the rand is undervalued by 25% - adjusted to GDP.

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World

State-actors blamed in Singapore cyberattack

Jul 22 2018 13:27

State-actors were likely behind Singapore's biggest ever cyberattack to date, security experts say, citing the scale and sophistication of the hack which hit medical data of about a quarter of the population.

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Money Clinic

Where can I find the best interest rate on a fixed deposit?

Jul 16 2018 15:49

A retired Fin24 user seeks the advice of a personal finance expert on attaining a fixed monthly income from his living annuity investment and unit trust funds.

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Entrepreneurs

Transnet Port Terminals hosts SMME expo

Jul 18 2018 17:14

The drive for sustainable economic growth and development has SA government and corporates looking to enterprise and supplier development as the means to grow SMMEs and create jobs.

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Markets

Oil extends gain near $70 as Saudis vow not to oversupply market

Jul 21 2018 09:38

Oil extended gains near $70 a barrel after Saudi Arabia signaled it won’t export oil beyond its customers’ needs, dispelling fears that it may flood the market.

More in this section
Companies

Google shrugs off EU fine, damage to hinge on rivals' plans

Jul 22 2018 12:07

Europe’s record $5bn fine against Google marks the biggest regulatory attack yet on technology giants. But investors and analysts shrugged off the ruling’s potential to dent Google’s business.

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Investments

WATCH: Not sure how to track your spending? There's a free app for that

Jul 20 2018 17:02

22seven is like Google Maps for your money. When you open up Google Maps it will show exactly where you are relative to everything around you, says MD Jikku Joseph.

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Tech

Trump says EU is ‘taking advantage’ with $5bn Google fine

Jul 20 2018 11:31

President Donald Trump has lashed out at the European Union’s $5bn fine against Google in the latest trade-related salvo fired from the White House.

More in this section
Finweek

Saving in offshore investments

Jul 18 2018 11:00

There’s no harm in broadening your investment horizons by asking your financial adviser or portfolio manager what options are available to you in terms of offshore investments.

More in this section
Most ReadEditor's Choice
Moyane wants Ramaphosa, Gordhan grilled at his disciplinary From junk to charm: Here's how South Africans are saving through upcycling Calls for fuel levy cuts may fall on deaf ears VBS CEO: I knew, heard nothing UAE may invest in SOEs
Trade war or capitalist crisis, again? LONG READ: Trump tries to change the subject as Russia fallout rattles his party When SARS creates its own tax loopholes Wiese: Forensic report will reveal what went wrong at Steinhoff WATCH: Not sure how to track your spending? There's a free app for that

Company Snapshot

#SAVINGSMONTH

Five of SA's top financial brains, including SARB governor Lesetja Kganyago share their best savings habits.
 
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