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News

US Bank to cut thousands of branch workers in digital push

Oct 22 2019 21:39

US Bancorp is cutting thousands of branch workers as it works to adjust to changing customer preferences, according to a person briefed on the decision.

Eskom

Eskom one step closer to R59bn bailout

Oct 22 2019 18:17

While the DA, the EFF, and other, smaller parties objected to its passing, 200 votes in favour were enough to get the controversial bill through - bringing the power utility one step closer to a R59bn bailout.

News

Procter & Gamble shares jump after strong earnings

Oct 22 2019 21:37

Procter & Gamble reported a jump in quarterly earnings Tuesday, benefitting from strong sales of premium toothpaste and other high-end products and price increases in other categories.

News

Oceana warns headline earnings per share may fall up to 29%

Oct 22 2019 20:38

Fishing company Oceana Group, which produces Lucky Star pilchards, says it expects a steep drop in headline earnings per share when it releases its financial results for the year ended 30 September.

 

Analysis & Opinion

ANALYSIS

OPINION: Marketers will spend less on Facebook in 2020

By 2020, digital advertising in SA will be the largest media channel....

Opinion

Ferial Haffajee: It's Greta vs. Gwede as SA announces new energy plan

The 16-year-old activist Greta Thunberg has set a new global standard...

Opinion

Landlord vs. tenant: When can you cut electricity or change the locks?

As a landlord in dispute with your tenant you may well be tempted to avoid...

Companies

'Rocket car' arrives in SA - and it plans to break land speed record at 1 600km/h

In a dry salt lake bed in the Northern Cape, the world land speed record...

Opinion

Solly Moeng: Post-colonial African leaders just picked up where colonial leaders left off

Post-colonial African leaders continue to treat Africans as little people...

In other news

Market unimpressed with Amplats production update

Oct 22 2019 10:54

Platinum production fell 1%, while palladium output was flat in the past quarter.

Pick n Pay share price pops 8% after profit increase

Oct 22 2019 08:25

The company posted a 9.5% increase in headline profit.

If Myeni was delinquent, so is the entire SAA board - lawyer

Oct 21 2019 20:52

Lawyers for SAA board chair, Dudu Myeni – who is facing an attempt by the Organisation Undoing Tax Abuse and the SAA Pilots' Association to have her declared a delinquent director in court – want other directors and executives added to the case as well.

Winners of 2019 Women in Transport Awards announced

Oct 22 2019 18:52

The Women in Transport Awards celebrate those women in the transport industry who are achieving career success, shattering glass ceilings and opening doors for other women.

Even bigger losses for Tiso ahead of Lebashe takeover

Oct 21 2019 21:29

Tiso Blackstar, which owns Business Day, Financial Mail and the Sunday Times, says its revenue from continuing operations decreased by 22% in the year ended June 30, 2019, while its headline loss per share increased by 160%.

9 ways the latest energy plan aims to solve load shedding

Oct 22 2019 05:00

The Integrated Resource Plan for 2019 outlines nine interventions to improve electricity supply, including making provision for a nuclear build programme and immediately working on increasing reserve capacity.

Inside Fin24.com

 

Company Snapshot

#MINIBUDGET2019

Struggling power utility Eskom will take centre stage at this year's mini budget
 

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