Economy

Ramos/Manuel: No conflict

Nov 21 2008 18:54

Outgoing Transnet boss and Absa CEO-elect Maria Ramos sees no conflict of interest with her new role and the fact that her partner, Trevor Manuel, is the minister of finance.

Business

Eskom issues power warning

Nov 21 2008 18:33

A unit of Koeberg power station has been shut following a technical fault, increasing the risk of load shedding, warns Eskom.

Companies

Ramos exit 'bad for Transnet'

Nov 21 2008 17:15

Maria Ramos' resignation from Transnet to take over from Steve Booysen as CEO of Absa does not bode well for Transnet, says an analyst.

Companies

Investec to retrench staff

Nov 21 2008 14:41

Investec Asset Management (IAM) - a subsidiary of the Investec Group - is to begin the formal process of retrenchment on November 25, it says.

Economy

World Bank in talks with Eskom

Nov 21 2008 18:19

A World Bank mission from Washington is in SA to discuss the possibility of funding Eskom's energy expansion plan, says an official.

Companies

New CEO for Nampak

Nov 21 2008 14:40

Oceana CEO Andrew Marshall jumps ship to return to his roots in the packaging sector.

Economy

New mine safety bill is passed

Nov 21 2008 14:32

Parliament has passed new mine safety laws which enforce stricter penalties and hold mine CEOs criminally liable for deaths in some of the world's deepest mines.

 

Breaking News

Soaring miners keep JSE positive

Nov 21 2008 17:55

The JSE has closed in firmer territory after soaring gold and platinum stocks provided an underpin.

Afgem calls it a day

Nov 21 2008 14:26

Mining exploration firm Afgem is to wind down its affairs with no one querying its slashed-down liquidation dividend.

Piracy: SA detours 'expensive'

Nov 21 2008 17:53

The world's largest oil tanker company has warned that it may divert cargo shipments to SA, which would cost BP, Shell and other clients up to 40% more.

Harmony deal completed

Nov 21 2008 17:43

Almost a year after Harmony first announced the Randfontein uranium transaction, all conditions have been met.

Anglo gets $140m in Chile deal

Nov 21 2008 17:26

Anglo American has sold its 40% interest in Minera Santa Rosa to Kinross Gold Corporation.

'Power prices to triple'

Nov 21 2008 09:52

The cost of electricity in South Africa is likely to triple over the next decade as Eskom needs to invest heavily in alternative sources of energy.

Citigroup rumours boost rand

Nov 21 2008 16:39

Although still weak, the rand is well of the sessions worst levels as risk appetite has picked up after reports that Citigroup may either be split up or sold.

AngloGold secures $1bn loan

Nov 21 2008 13:50

Gold producer AngloGold Ashanti has secured a $1bn loan that will increase its debt burden but save it from being forced to sell assets immediately to refinance a bond.

Columnist

Belinda Anderson Belinda Anderson

A change of heart

Normally an advocate of free markets, Belinda Anderson says state-sponsored broadband networks don't seem such a bad idea.

Inside Fin24.com

International

Japan: Crisis fault of US

Nov 21 2008 18:22

The global financial crisis, triggered by the US, is hurting developing nations, says Japanese Finance Minister Shoichi Nakagawa.

Business

Courier pharmacies 'harmful'

Nov 20 2008 17:00

Patient care is suffering because many medical aids insist their members use courier pharmacies to receive chronic medication, says United SA Pharmacies.

Companies

Ramos is Absa's new boss

Nov 21 2008 16:06

Exiting Transnet boss and former National Treasury director-general Maria Ramos will take over from Steve Booysen as Absa CEO.

 
Economy

Zim threatens to close banks

Nov 21 2008 17:53

Zimbabwe's central bank has threatened to close a number of banks that it accuses of engaging in fraudulent activity.

Investing

Coronation: 'Go global'

Nov 20 2008 12:52

An investment manager says US and other global equities are providing a compelling investment case.

My Business

Bill to boost franchisees

Nov 14 2008 18:49

New legislation will prohibit franchisors from insisting that franchisees buy products from specific suppliers.

Comment & Analysis

McGregor BFA

Indicators

Last updated: Fri 18:44
Value   %
All Share 18,066.38 1.41
Top 40 16,172.17 1.68
Resource 20 29,326.95 4.94
Industrial 25 15,072.33 -0.19
Financial 15 5,544.94 -1.87
Daily brent crude ($/bbl) 48.14