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  • The Ramaphosa Plan

    The president said on Friday that the work "starts now". He wasn't wrong, writes Pieter du Toit.

  • Stimulus recap

    Seven key points in the president's package of economic reforms and spending plans.

  • Supporting role

    Meet the members of President Cyril Ramaphosa's new 10-person advisory panel on land reform.

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Consumers take on more debt amid declining household spend

Household consumption has slipped in the second quarter of 2018 as people adjusted their spending habits following the value added tax hike and fuel increases, according to the Reserve Bank’s quarterly bulletin.

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Investments

It's a man's world managing money for world's richest families

Sep 25 2018 15:26

Men dominate the largest financial institutions globally even as their executives say they’re trying to make Wall Street more welcoming for women, a new report shows.

ICT

Nigeria's MTN attack fizzles as Standard Bank gets reprieve

Sep 25 2018 16:02

After coming out all guns blazing, Nigeria’s central bank surrendered more ground in its tussle with MTN by giving a reprieve to one of the banks accused of illegally moving $8.1bn out of the country.

Financial Services

Bain says it has set aside money to pay back SARS

Sep 25 2018 12:32

The Nugent Commission of Inquiry also heard that Vittorio Massone - the managing partner of Bain’s local office who was set to continue testimony on Tuesday - was ill and had left the country for Italy.

Financial Services

Alexander Forbes fires CEO over a 'loss of confidence and trust'

Sep 25 2018 09:27

Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.

Health

Ascendis Health posts strong international growth

Sep 25 2018 14:05

The JSE-listed health and wellness company announced a 35% increase in international revenue in its latest annual financial results.

 

Analysis & Opinion

Opinion

Daniel Silke: The politics behind Ramaphosa's stimulus

The real crucial issues on whether South Africa will sink or swim are...
Opinion

Muzi Kuzwayo: We are a nation of outlaws

September 19 passed without fanfare, but it was an important date because...
Opinion

Be the Branson of business, the Clarkson of cars

With knowledge and no personality, you're just a specialist. With personality...
Opinion

The economy of sport - and 6 gender myths stunting growth

If sporting market revenue could double between 2005 and 2017 with negligible...
Opinion

What Ramaphosa's stimulus package should look like

In the quest to stimulate economic activity in South Africa, the government...

In other news

US stocks little changed ahead of Fed decision

20 minutes ago

Wall Street stocks have treaded water ahead of a Federal Reserve announcement this week that will update the market on the central bank's US economic outlook.

Equities drop as US-China trade row deepens

Sep 25 2018 10:27

Stocks have fallen across the globe as US tariffs on an additional $200bn of Chinese imports kicked in, clouding the global economic outlook.

Asian markets mostly up but trade row keeps dealers on edge

Sep 25 2018 10:22

Asian markets have mostly risen but investors remained on edge after the latest tit-for-tat tariffs in the China-US trade row.

Tokyo's Nikkei index rises to eight-month high on weak yen

Sep 25 2018 10:12

Tokyo's benchmark stock index has risen to an eight-month high thanks to a weaker yen, while investors focused on Japan's upcoming trade talks with the United States.

Dow, S&P 500 fall on latest US-China trade barbs

Sep 25 2018 10:04

The latest escalation in the US-China trade row has weighed on industrial stocks, pushing the Dow and S&P 500 lower.

OPEC raises forecast based on US oil production

Sep 25 2018 08:28

The OPEC oil cartel raised its global production forecast based on higher-than-predicted US output in a report outlining a long-term rise in net demand, particularly in developing countries.

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
ASR Assore LimitedR371.99R26.587.70%
GFI Gold Fields LimitedR36.94R1.805.12%
ARI African Rainbow Minerals ...R136.52R5.614.29%
KIO Kumba Iron Ore LimitedR295.86R11.273.96%
JSE Jse LimitedR159.23R5.613.65%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
SBK Standard Bank Group Limit...R176.48R-7.00-3.82%
BVT The Bidvest Group LimitedR182.56R-6.68-3.53%
NED Nedbank Group LimitedR264.18R-8.06-2.96%
REM Remgro LimitedR199.89R-5.84-2.84%
IPL Imperial Holdings LimitedR179.70R-4.64-2.52%
All JSE data is delayed by at least 15 minutes and provided by Morningstar

Inside Fin24.com

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South Africa

Ramaphosa's stimulus package: concerns about capacity, damaging legislation

Sep 23 2018 15:55

There is a danger that the proposed R400bn infrastructure fund could be used without the necessary capacity, cautions prof. Imran Valodia of Wits University.

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World

US-China trade war draws rebuke from world leaders at UN event

Sep 25 2018 13:40

'The rise of trade protectionism threatens the multilateral trading system that was agreed upon in Marrakesh in 1994 as well as in Doha in 2001,' President Cyril Ramaphosa has said at the Council on Foreign Relations on Monday.

More in this section
Money Clinic

The fundamental difference between money market and income unit trusts

Aug 17 2018 21:04

A Fin24 user wants to know what the fundamental difference is between a money market unit trust and an income unit trust.

More in this section
Entrepreneurs

Africa women entrepreneurship finalists announced

Sep 17 2018 21:08

The Africa Women Innovation and Entrepreneurship Forum has announced the finalists for the AWIEF Awards 2018.

More in this section
Markets

Rand steady ahead of Fed rates announcement on Wednesday

Sep 25 2018 11:48

Analysts expect the US central bank to hike rates by 25 basis points from 2.00% to 2.25% on Wednesday afternoon.

More in this section
Companies

WATCH: Instagram co-founders are leaving Facebook after clash with Zuckerberg

Sep 25 2018 15:41

The co-founders of Instagram are resigning their positions with the social media company

More in this section
Investments

3 tips for investing in a recession

Sep 24 2018 14:33

There’s really nothing technical about a recession and investors should stick to the basics to protect their investment momentum, suggests an expert.

More in this section
Tech

WATCH: Instagram co-founders are leaving Facebook after clash with Zuckerberg

Sep 25 2018 15:41

The co-founders of Instagram are resigning their positions with the social media company

More in this section
Finweek

Opportunity beckons for better returns at lower cost

Sep 20 2018 09:51

Although investors often prefer active fund management, tracker funds can act as a reasonable proxy for most conventional markets, enabling investors to extract the equity risk premium.

More in this section
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