• Monday, May 20 2013
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Picture: THINKSTOCK

Eskom was ‘on the brink of a power shutdown’

1 hour(s) ago

Eskom ‘came as close to the edge as you can get’ last Monday evening when the available power supply exceeded demand, according to the company

Telecoms & Technology

Takeover of Altech ‘was Altron’s plan’

Altron CEO Robert Venter. Picture: MARTIN RHODES
1 hour(s) ago

CEO says shareholders will back offer to buy remaining shares

Business

Trumping clause ‘brings BEE certainty’

1 hour(s) ago

Introduction of a trumping clause wins support of MPs, despite the Department of Trade and Industry’s initial opposition to the measure

Transport & Tourism

Losing consortium gives up bid to stop R51bn Prasa rolling stock fleet tender

A PLAN WITH PROPERTY: Prasa CEO Lucky Montana spells out the Passenger Rail Agency of South Africa’s plan to buy back development leases and realise market-related rentals on these properties. Picture: PUXLEY MAKGATHO
3 hour(s) ago

Dudula says it decided to use resources elsewhere than fight long legal battle

Property

‘Extend Reit tax regime to all’

City Lodge CEO Clifford Ross. Picture: FINANCIAL MAIL
4 hour(s) ago

Property owners’ association wants favourable tax dispensations of real estate investment trust structure extended to unlisted players

Business

A company’s transparency ‘earns respect’ in SA

Picture: THINKSTOCK
4 hour(s) ago

Urban South Africans increasingly, and overwhelmingly, in favour of responsible business practices, new survey finds

Telecoms & Technology

Bungling at Icasa in the spotlight

Icasa chairman Stephen Mncube. Picture: MARTIN RHODES
1 day(s) ago

Fresh questions about bungling at telecoms regulator Icasa as Vodacom gears up to fight regulator’s claim of R77.8m for alleged licensing fee arrears

Business BEE Picture: THINKSTOCK

BEE lobby eyes bigger share of state spend

Push for higher weighting in parastatal procurement rules

National

Sanral ‘refuses’ to disclose Winelands toll costs, says City of Cape Town

E-tolls tolling Sanral Gauteng. Picture: FINANCIAL MAIL
20 hour(s) ago

Democratic Alliance-led City of Cape Town proves to be latest stumbling block for roads agency’s bid to toll particular roads

Management

How to get the leadership that we desire

Magna Carta CEO Vincent Magwenya. Picture: ARNOLD PRONTO
4 hour(s) ago

New Magna Carta CEO Vincent Magwenya believes the honing of leaders begins long before school age, writes Lesley Stones

Business

Gym chains move up, down and into Africa

Planet Fitness, Lonehill. Picture: MICHAEL PINYANA
22 hour(s) ago

The gym business is largely recession-proof in South Africa — and now the country’s two big chains are taking aim at lower-income groups

Labour

Platinum jitters as turf war flares in Marikana

Picture: THINKSTOCK
1 day(s) ago

Platinum companies remain on edge, with tensions raised by Anglo American Platinum’s plan to retrench 6,000 workers to remain profitable

Trade & Industry

Clucking in chicken coop as import row hots up

Photo: REUTERS
1 day(s) ago

Feathers fly as spat over import duties on chickens imported into SA heads to court

Telecoms & Technology

Cell firms spend big on data capacity

Picture: THINKSTOCK
1 day(s) ago

Mobile companies Vodacom, MTN and 8ta have ploughed more than R50bn into upgrading their networks, as consumers use more data than ever

Business

Private sector ‘must honour commitment to economic inclusion’

Deputy Economic Development Minister Hlengiwe Mkhize.  Picture: SOWETAN
2 day(s) ago

Deputy Economic Development Minister Hlengiwe Mkhize says companies must not merely pay lip service to policies intended to make economic growth more inclusive

Labour

Amcu leader says union will ‘bring economy to standstill’

Association of Mineworkers and Construction Union president Joseph Mathunjwa. Picture: PUXLEY MAKGATHO
2 day(s) ago

Joseph Mathunjwa also demands to meet president, says ANC is ignoring violence against its members in the platinum belt

National

Report calls for listing of some state companies

Telkom. Picture: SUNDAY TIMES
3 day(s) ago

Call for greater mix of debt and equity finance surprises analysts

Business

WEF report highlights importance of industrial policy for manufacturing

Picture: THINKSTOCK
2 day(s) ago

World Economic Forum-Deloitte survey finds business wants stronger energy and infrastructure policies, focus on science and technology education

Land & Agriculture

Documents seized from Smit Amandla Marine

Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson. Picture: TREVOR SAMSON
3 day(s) ago

Documents relate to contract for management of patrol vessels belonging to Department of Agriculture, Forestry and Fisheries

Business

Call to align utility prices with nation’s growth objectives

Picture: THINKSTOCK
3 day(s) ago

Business confidence in manufacturing sector ‘stable’ during first quarter, according to Manufacturing Circle survey

Mining

Spot gold’s sixth fall in a row weighs on struggling miners

Picture: THINKSTOCK
3 day(s) ago

Falling spot gold price hurts gold miners that are so far worst performers in resources and broader all-share indices of JSE

Low-cost airline fastjet is based in Britain and listed in London.

Why Fastjet failed to take flight

Glitch with Fastjet’s website scuppers local launch date of the low-cost carrier

Business

More than 15,000 tax practitioners need to find new professional home

Picture: DAILY DISPATCH
2 day(s) ago

South African Revenue Service says more than half the 38,000 practitioners registered with SARS already belong to five controlling bodies recently granted recognition

Labour

Business as usual at all operations, says Amplats

Picture: REUTERS
2 day(s) ago

Threatened strike in Rustenburg fails to materialise, while Tumela underground sit-in ends, says Anglo American Platinum

Labour

Workers ‘divided’ over how to tackle Amplats’ bid to cut thousands of jobs

Amcu president Joseph Mathunjwa. Picture: ARNOLD PRONTO
3 day(s) ago

Amid mayhem and threat of strike action, platinum miner’s shares take a beating

Business

Tax move may end usefulness of trusts

Picture: THINKSTOCK
3 day(s) ago

Dividend withholding tax proves obstacle for estate planners, writes Ruan Jooste

Business

Davies to negotiate recapitalisation of empowerment fund

Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON
3 day(s) ago

Trade and Industry Minister Rob Davies to engage Treasury on recapitalising government’s National Empowerment Fund

Business

Time to research administered prices, Manufacturing Circle warns

3 day(s) ago

Supply constraints, low global demand continue to haunt South African manufacturers battling rapid-fire administered price increases

Trade & Industry

SA’s business ties with other countries key to growth, says Radebe

Justice and Constitutional Development Minister Jeff Radebe. Picture: MARTIN RHODES
3 day(s) ago

Justice and Constitutional Development Minister Jeff Radebe speaks at South African Turkish Business Association’s Business Awards

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All Share 41457.120.11% up
Top 40 36840.590.19% up
Financial 15 12099.690.03% up
Industrial 25 47395.930.48% up
Resource 10 45447.97-0.25% down
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FTSE 100 6737.140.21% up
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ASX 5185.400.50% up
S&P 500 1667.4700.00% same
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GBP/ZAR 14.30060.55% up
EUR/ZAR 12.09822.07% up
JPY/ZAR 0.09170.34% up
AUD/ZAR 9.19210.34% up
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Gold 1350.96000.57% up
Platinum 1450.00001.47% up
Silver 21.50292.12% up
Palladium 737.00000.41% up
Brent Crude Oil 104.6800.06% up
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  • All Share : 41452.24
    Change: 0.09%
    Top 40 : 36840.59
    Change: 0.19%
    Financial 15 : 12099.69
    Change: 0.03%
    Industrial 25 : 47395.93
    Change: 0.48%
    Resource 10 : 45447.97
    Change: -0.25%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6737.14
    Change: 0.21%
    Dow Jones : 15354.40
    Change: 0.00%
    Hang Seng : 23486.98
    Change: 1.75%
    ASX : 5185.40
    Change: 0.50%
    S&P 500 : 1667.470
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.4048
    Change: 0.05%
    ZAR/GBP : 14.3006
    Change: 0.55%
    ZAR/EUR : 12.0982
    Change: 2.07%
    ZAR/JPY : 0.0917
    Change: 0.34%
    ZAR/AUD : 9.1921
    Change: 0.34%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1350.9600
    Change: 0.57%
    Platinum : 1450.0000
    Change: 1.47%
    Silver : 21.5029
    Change: 2.12%
    Palladium : 737.0000
    Change: 0.41%
    Brent Crude Oil : 104.680
    Change: 0.06%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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