Without land, upward mobility will still largely be in government hands, writes Sipho Hlongwane
Denel in frantic bid on Wednesday evening to establish circumstances surrounding deaths of two employees at UN base in Somali capital
Denel staff reported killed as Islamist militants launch deadly assault on UN compound, dealing blow to fragile security gains
No explicit indication that Fed is close to scaling back programme, despite intense market speculation to that effect
With more turbulent economic tides expected, Treasury would rather see prudent decision-making now than a panicked response
No explicit indication that Fed is close to scaling back programme, despite intense market speculation to that effect
| All Share | 40784.31 | 0.00% | same |
| Top 40 | 36391.61 | 0.00% | same |
| Financial 15 | 11117.02 | 0.00% | same |
| Industrial 25 | 46858.79 | 0.00% | same |
| Resource 10 | 46546.70 | 0.00% | same |
| Gold | 1343.9600 | 0.04% | up |
| Platinum | 1414.0000 | 0.43% | up |
| Silver | 21.2317 | 0.11% | up |
| Palladium | 688.5000 | -0.07% | down |
| Brent Crude Oil | 104.500 | -1.53% | down |
Local currency gains almost 10c against dollar as current account deficit narrows in first quarter, though economists say it is still too big and rand remains vulnerable
| 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 |
Public Enterprises Minister Malusi Gigaba says state-owned companies need new ‘resource mobilisation’ strategies as ‘funding from financial markets has shrunk’
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
Hopewell is home affairs and security editor at Business Day and BDlive. Previously he was diplomatic editor, land and agriculture editor, and defence correspondent at Business Day. He holds a postgraduate diploma in economic journalism from Rhodes University, a BA Hons in journalism and media studies from the University of the Witwatersrand and a BA degree from Unisa. He is the secretary-general of the South African National Editors' Forum and an activist for media freedom.
BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or completeness of the information provided.
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