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• Business News
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Business Day LIVE

Cowboys had valuable lessons for today’s investors

Cowboys didn’t buy their hats on credit. Billy the Kid didn’t lease his guns, writes Michel Pireu

• Tools & Services
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• In Depth
  Budget 2016 Growth Engines Brics Nelson Mandela 1918-2013 Understand your country. Or lose it Election 2014 Dialogue: Renewable energy Peter Bruce Interviews Accenture Innovation Index Awards

• Home
• National

  TOP STORY

  

  Nsfas criticised for underutilising funds

  Democratic Alliance says young people are being denied opportunities to study because the available funding is not made available to them

  Politics

  • Courts may find themselves caught in a sterile ideological struggle
  • POLITICAL WEEK AHEAD: Campaign gears up to fight racism in SA

  Media

  • Sunday Times launches improved mobile app
  • DA approaches High Court to set aside Motsoeneng disciplinary inquiry

  Labour

  • Cameron Morajane appointed CCMA head
  • Most of the world’s domestic workers have no access to social security

  Science & environment

  • Communities in drive to clean up the Duzi River
  • Farmers left out in cold over drought intervention

  Law & constitution

  • Appeal court gives Hlophe misconduct tribunal green light
  • SCA dismisses appeal by two Constitutional Court judges on Hlophe tribunal

  Education

  • Nsfas criticised for underutilising funds
  • AfriForum lawsuit left unopposed by Stellenbosch University

  Health

  • Mbeki queries money spent treating HIV/AIDS
  • Adult psychiatric patients could be moved to home for disabled children

  Opinion

  • SA’s ignorance of Africa does everyone a disservice
  • Revolutionary hopefuls are geared up for a fight

  Columnists

  • Making good on history before embarking on future
  • Cut barriers to entry for new players in banking
• Africa

  TOP STORY

  

  Failure to arrest Bashir ‘was unlawful’

  In terms of the dismissal of the government’s appeal by the Supreme Court of Appeal, the government’s failure to arrest Sudanese President Omar al-Bashir was unlawful

  African News

  • Four-million Zimbabweans need food aid resulting from drought
  • Eurobonds hit after Ivory Coast attacks
  • Malawi burns tonnes of ivory smuggled from Tanzania
  • EU suspends funding of Burundi
  • Al-Qaeda gunmen kill 16 in Ivory Coast beach attack

  African Business

  • Enterprise Mauritius team in SA
  • Angola’s crude output tied up to pay for big loans
  • Total to build pipeline from Ugandan oil fields to port off Tanzania
  • South Sudan is dying, and nobody is documenting these deaths
  • MTN offers $1.5bn to settle fine imposed by Nigeria
  • Sanlam’s results see share fall 6%

  African Perspectives

  • SA’s ignorance of Africa does everyone a disservice
  • Will Zuma’s visit to Nigeria bolster trade?
  • Blood in the fields as big business eats up Ethiopia
  • Zimbabwean reform a smokescreen to save the ruling party
  • New president has a broken nation to repair

  African Leader
• World

  TOP STORY

  

  Suu Kyi’s aide elected as Myanmar’s president

  Election marks first civilian president in decades in formerly junta-run nation

  Africa

  • Failure to arrest Bashir ‘was unlawful’
  • Four-million Zimbabweans need food aid resulting from drought

  Europe

  • Vatican to approve sainthood for Mother Teresa
  • Campari to acquire Grand Marnier in friendly take over

  Asia-Pacific

  • Suu Kyi’s aide elected as Myanmar’s president
  • BoJ stands pat, warns of weakening inflation expectations

  Middle East

  • Putin orders withdrawal of Russian forces from Syria
  • Iran will ‘never stop’ its ballistic-missile programme

  Americas

  • Apple fight could escalate with demand for ‘source code’
  • Obama seeks to make history during trip to Cuba

  Opinion

  • Revolutionary hopefuls are geared up for a fight
  • Mauritius and Madagascar: two islands worlds apart

  Columnists

  • SIMON BARBER: Trump’s victories put Republicans in a pickle
  • KELLY-JO BLUEN: The terror never stops in the war on terror
• Opinion

  TOP STORY

  

  SA’s ignorance of Africa does everyone a disservice

  Business summit reveals how lack of strategic vision and understanding of continent cause loss of opportunities, writes George Rautenbach

  Editorials

  • EDITORIAL: Team SA’s hard sell needs action
  • EDITORIAL: Shake-up in finance services

  Columnists

  • MICHEL PIREU: Rules of cowboys still ring true
  • PHAKAMISA NDZAMELA: Making good on history before embarking on future

  Letters

  • LETTER: Privatised policing is only way out
  • LETTER: Definition not plotted

  Polls

  Third Umpire

  Cartoons
• Markets

  TOP STORY

  

  JSE loses ground as Fed’s stance expected to be more hawkish

  Markets were trading nervously for most of Tuesday ahead of the Fed’s Federal open market committee decision on Wednesday

  More News

  • JSE loses ground as Fed’s stance expected to be more hawkish
  • Bonds lose ground on weaker rand
  • Rand weakens after Hawks statement and ahead of Fed rate decision

  JSE Today

  All Share

  52253.79

  -0.42%

  down

  Top 40

  46393.77

  -0.35%

  down

  Financial 15

  15136.76

  -0.17%

  down

  Industrial 25

  71544.06

  0.14%

  up

  Resource 10

  29512.67

  -2.58%

  down

  All data is delayed by 15 min.
  Data supplied by Profile Data

  Commodities

  Gold US$/oz

  1231.6

  -0.28%

  down

  Platinum US$/oz

  957

  0.00%

  same

  Silver US$/oz

  15.26

  -0.46%

  down

  Palladium US$/oz

  568

  0.18%

  up

  Brent Crude

  38.53

  -3.00%

  down

  

  All data is delayed by 15 min.
  Data supplied by Profile Data
• Economy

  TOP STORY

  

  SA must earn back trust, says Gordhan

  Investors with billions in exposure to SA want fiscal stability, while ratings agency Moody’s arrives this week for a review after putting South Africa on notice for a downgrade

  More News

  • Enterprise Mauritius team in SA
  • Rand weakens on downgrade fears
  • Eskom’s improved outlook not about skill but rather SA’s economic slowdown
  • ECONOMIC WEEK AHEAD: Will stronger rand, Fed moves ward off hike?
  • Global difficulties not to blame for SA’s slowdown

  Economic Indicators

  Petrol price

  R11.74

  -69c

  same

  Repo rate

  6.75%

  0.5pp

  same

  Prime rate

  10.25%

  0.5pp

  same

  CPI (February)

  6.2%

  1pp

  same

  PPI (February)

  7.6%

  2.8pp

  same

  Last updated March

  Opinion

  • SA’s ignorance of Africa does everyone a disservice
  • Will Zuma’s visit to Nigeria bolster trade?

  Columnists

  • MICHEL PIREU: Rules of cowboys still ring true
  • GAVIN KEETON: Global difficulties not to blame for SA’s slowdown

  New Agenda
• Business

  TOP STORY

  

  NNR has received two applications to build reactors from Eskom

  National Nuclear Regulator says two site licence applications are to build new reactors along the east and west coasts

  Trade & Industry

  • York shows strong growth, despite weak economy
  • Moves to revive SA’s wobbly brandy industry
  • SA and Nigeria seek closer trade and investment ties

  Management

  • Eight steps to take after you drop the ball at work
  • ON WORK: E-mail: the weapon wielded by passive-aggressive colleagues
  • Six tips for getting the most out of reference checks

  Innovation

  • Insect protein on menu of the future
  • Even the smallest nations can benefit from space technology
  • NationBuilder opens gateway to influence

  Sectors

  • Energy
  • Financial Services
  • Healthcare
  • Industrials
  • Land & Agriculture
  • Media & Advertising

   

  • Mining
  • Property
  • Retail & Consumer
  • Telecoms & Technology
  • Transport & Tourism

  Banker SA

  SA Mining
• Companies

  TOP STORY

  

  Judge postpones Chamber of Mines case about clauses in Mining Charter

  Judge Pierre Rabie will now consider an application by mining lawyer Hulme Scholes and his firm to consolidate the chamber’s application with that of Scholes

  More News

  • Cwele and Gordhan to address plan to use Telkom for broadband roll-out
  • FirstRand bank to close some FNB units and retrench staff
  • Vodacom considers next move as money transfer service M-Pesa falters
  • DA urges government to sell SAA
  • Advtech revenue and profits grow

  Sectors

  • Energy
  • Financial Services
  • Healthcare
  • Industrials
  • Land & Agriculture
  • Media & Advertising

   

  • Mining
  • Property
  • Retail & Consumer
  • Telecoms & Technology
  • Transport & Tourism
• Life

  TOP STORY

  

  Bushfire’s 10th showing to feature acts from more than a dozen countries

  Taking place in Swaziland, the Bushfire Festival will also feature an art gallery, a children’s section and a market, apart from a wide variety of music

  Arts & Entertainment

  • Bushfire’s 10th showing to feature acts from more than a dozen countries
  • South African animation series makes mark in Africa

  Travel & Food

  • Walter Sisulu square in Soweto lacks the pulling power of Vilakazi Street
  • Dale-Roberts’ pop-up at The Saxon puts down roots

  Wanted Magazine

  Gadgets & Gear

  • Carpooling effective for congestion and even employee productivity
  • Sunday Times launches improved mobile app

  Books

  • US author Pat Conroy dead at 70
  • BOOK REVIEW: The Boy Who Could Change the World

  Health

  • Is your medicine right for your metabolism?
  • Why lack of sleep can contribute to weight gain

  Motoring

  • INTERNATIONAL LAUNCH: Mercedes E-Class miles ahead of the tech game
  • GENEVA MOTOR SHOW: Star cars in the limelight
• Sport

  TOP STORY

  

  Fifa and Safa are just looking for ‘scapegoat’

  Former Safa CEO Leslie Sedibe lashes out at his former employers and Fifa over five-year ban and R311,000 fine

  Rugby

  • Coetzee says he has not accepted Bok coaching job
  • Zas will be ready for Brumbies’ high kicks

  soccer

  • Match-fixing scandal expands
  • Fifa and Safa are just looking for ‘scapegoat’

  Cricket

  • Indian fans believe Dhoni’s boys will deliver T20 glory
  • To succeed on world stage, Proteas must stop playing safe and dare to win
  • Back to the future as Morris and Duminy click into gear
  • Batting mavericks set to outrage the purists at the World Twenty20 Super 10

  Other Sport

  • Platt pedals his way to a yellow jersey birthday gift
  • Annie Power leads Champion Hurdle bets at Cheltenham
  • Schwartzel primes for Masters
  • Formula One back bigger and busier
  • Wayde van Niekerk makes sprinting history

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