Without land, upward mobility will still largely be in government hands, writes Sipho Hlongwane
President Jacob Zuma stonewalls questions in the National Assembly about his friendship with the Gupta family
Denel staff reported killed as Islamist militants launch deadly assault on UN compound, dealing blow to fragile security gains
Bloc’s purchasing managers index for manufacturing and services rises more than expected in June but remains in contraction territory
With more turbulent economic tides expected, Treasury would rather see prudent decision-making now than a panicked response
Asian markets implode after Federal Reserve announces stimulus package will probably end in the middle of 2014, and Chinese data add momentum to falls
| All Share | 40133.95 | -1.59% | down |
| Top 40 | 35771.11 | -1.71% | down |
| Financial 15 | 10948.45 | -1.52% | down |
| Industrial 25 | 46045.71 | -1.74% | down |
| Resource 10 | 45758.09 | -1.69% | down |
Rand gains after better-than-expected inflation and current account data but an under-recovery of about 80c/l in the petrol price already suggests higher inflation levels next month
| Petrol price (95) | R12.47 | -73c/l | same |
| Repo rate | 5% | 0.0pp | same |
| Prime rate | 8.5% | 0.0pp | same |
| GDP (Q1 13) | 0.9% | -1.2pp | same |
| CPI (May) | 5.6% | -0.3pp | same |
| PPI (Apr) | 5.4% | -0.3pp | same |
Brazil initiates antidumping probe into imports of new truck and bus tyres from SA, Russia and Asian countries, alleges manufacturers are dumping at a 51.98% discount
CEO upbeat on three-year-old turnaround strategic review
National Credit Regulator quarterly data show bad debts among consumers in South Africa are growing faster than the number of new accounts and of credit-active clients
Artist Conrad Hicks scaled back his blacksmithing operation to allow him to focus on being creative, writes Penny Haw
South Africa lose to England in Champions Trophy semifinal and captain AB de Villiers offers ‘no excuses’ for Proteas’ crushing defeat
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