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Sasol says proposed carbon tax will cost it R1 billion a year

The energy and chemical company says it does not support the proposed Carbon Tax Bill which it estimates would cost the company R1bn a year.

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ICT

Elon Musk says changing his way of working is not an option

Aug 20 2018 19:15

Elon Musk sees no option but to keep working at his current relentless pace, no matter the deepening concerns of board members and investors about his health and stability.

ICT

Uber says its SA drivers will be 'at risk' if transport law amendments pass

Aug 20 2018 18:31

The SA arm of Uber has raised concerns over proposed amendments to the National Land Transport Act, which include fines and imprisonment for operating e-hailing services without proper licenses.

Economy

WATCH: KFC, Nike, other top US brands sweat over next step in trade war

Aug 20 2018 17:13

America's China factories are feeling the strains as firms scramble for shelter from the ongoing trade war.

Industrial

Sasol says it won't change race-based requirements for its new B-BBEE scheme

Aug 20 2018 16:43

Sasol has said it won’t alter the requirements for the inclusion of employees in its new B-BEE share scheme, which has been rejected by trade union Solidarity for excluding white workers.

Equities

JSE tracks higher as US-China trade talks lift global markets

Aug 20 2018 18:24

All the major indices on the JSE closed firmer on Monday, as the local bourse tracked higher on optimism over the US-China trade talks.

 

Analysis & Opinion

Opinion

SA’s new energy plan is imminent. What to look out for

South Africa's new energy plan is set to be announced....
Opinion

Will sugar and chicken define an election?

If the decision by Trade and Industry Minister Rob Davies to raise the...
Opinion

Life vs profit: Zero harm in mining needs shoulder-to-shoulder collaboration

We are working tirelessly towards improving our safe production results...
Opinion

Life vs profit: One mine death is a death too many

The mining industry should spend money on health and safety and not on...
Opinion

There is no quick fix for what ails us

The false prophets who sell superstition and dicey hopes for a profit...

In other news

PepsiCo to buy SodaStream for $3.2bn

Aug 20 2018 12:32

PepsiCo says it plans to buy SodaStream for $3.2bn as the beverage and snacks giant makes further inroads with in-home goods.

Oil steadies after longest run of weekly losses in three years

Aug 20 2018 11:47

Oil has steadied after its longest run of weekly declines in three years, as traders weighed threats to economic activity in emerging markets.

Hong Kong stocks up at break

Aug 20 2018 09:11

Hong Kong stocks have risen sharply in the morning session, in line with most other Asian markets, on hopes for trade talks this week between China and the United States.

Tokyo stocks open flat

Aug 20 2018 08:18

Tokyo stocks opened flat as investors looked for a fresh buying peg after rises last week on increased hopes of a resolution to the US-China trade impasse.

Trump administration: Conserving oil no longer an economic imperative for US

Aug 19 2018 18:00

Conserving oil is no longer an economic imperative for the US, the Trump administration declares in a major new policy statement that threatens to undermine decades of government campaigns for gas-thrifty cars and other conservation programmes.

The misery of a jobless country

Aug 19 2018 17:00

South Africa’s already dismal unemployment rate rose even higher in the second quarter of the year. This illustrates the sad state of our economic affairs.

  • Winners
  • Losers
Selected from the top 100 Equities by Market cap.
WinnersPriceChange% Change
BAW Barloworld LimitedR123.55R5.704.84%
HCI Hosken Consolidated Inves...R129.99R3.342.64%
AMS Anglo American Platinum L...R421.26R10.432.54%
MTN Mtn Group LimitedR103.45R2.452.43%
RMI Rand Merchant Investment ...R39.00R0.852.23%
Selected from the top 100 Equities by Market cap.
LosersPriceChange% Change
GFI Gold Fields LimitedR34.60R-1.06-2.97%
ANG Anglogold Ashanti LimitedR105.65R-2.05-1.90%
MNK Montauk Holdings LimitedR91.31R-1.73-1.86%
ARL Astral Foods LimitedR270.41R-5.03-1.83%
ITE Italtile LimitedR13.01R-0.24-1.81%
All JSE data is delayed by at least 15 minutes and provided by Morningstar

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South Africa

Transnet posts huge jump in irregular expenditure to R8.1bn

Aug 20 2018 12:47

Transnet has reported an increase of irregular expenditure to R8.1bn, up from R692m in the previous financial year, triggering a qualified audit.

More in this section
World

Trump administration: Conserving oil no longer an economic imperative for US

Aug 19 2018 16:07

Conserving oil is no longer an economic imperative for the US, the Trump administration declares in a major new policy statement.

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

Magda Wierzycka's 10 tips to run your own business

Aug 17 2018 20:11

Most people who say they want to run a business, never actually end up doing it. Sygnia CEO Magda Wierzycka shares lessons on what it takes to run a business or even lead a successful career.

More in this section
Markets

Vulnerable rand braces for US Fed minutes

Aug 20 2018 11:10

The rand which breached the R15/$ mark last week remains vulnerable as the US Federal Reserve Bank will release minutes of its August meeting.

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Companies

Under-fire Apple removes 25 000 apps in China

Aug 20 2018 17:53

Apple says it has removed many gambling-related apps from its Chinese app store as the US giant comes under scrutiny amid trade tensions between Beijing and Washington.

More in this section
Investments

What has Turkey got to do with SA and the rand?

Aug 16 2018 18:13

Along with Turkey, Brazil, India and several other countries, SA is considered one of the more vulnerable emerging markets, says financial services company Levantine & Co.

More in this section
Tech

Tesla keeps sliding on doubts Musk has the money to go private

Aug 20 2018 16:24

Tesla has plunged further on Elon Musk’s acknowledgment of the hurdles standing in the way of his effort to take the company private.

More in this section
Finweek

For the love of the game

Aug 17 2018 12:00

A South African teenager is breaking into the highly competitive gaming market with ?his fun, highly intuitive iOS games.

More in this section
Most ReadEditor's Choice
Land reform: Malema turns up heat on ANC Transnet posts huge jump in irregular expenditure to R8.1bn UK's richest man forced out of the shadows SA’s new energy plan is imminent. What to look out for ANC to go on trial as Zondo inquiry investigates SA's 'stolen' billions
ANC to go on trial as Zondo inquiry investigates SA's 'stolen' billions SA private health care market plagued by market concentration This 27-year-old was left for dead. He is now launching drones to deliver blood to Rwanda's hospitals The cost of crime Starved by the price of food

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