Jacqueline Mackenzie
Guest Author
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/ 24 October 2005

JSE higher across the board

The JSE was higher across the board in noon trade on Monday, as most sectors experienced short covering after last week’s losses. By noon, the all-share index was up 1,40%, led by a 2,39% jump in the gold-mining index, a 2,64% climb in the platinum-mining index and a 1,81% firmer resources index.

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/ 19 August 2005

SAA to remain in state hands

National carrier South African Airways (SAA) will remain in state hands, but government ”may bring in another partner”, Public Enterprises Minister Alec Erwin said on Thursday. Erwin said that the airline industry was critical for Africa and he said that in the next year some ”extremely interesting announcements” could be expected from SAA.

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/ 8 August 2005

JSE is ‘like a morgue’

The JSE was firm with the all share index at a fresh all-time high at midday on Monday in extremely quiet trade, with little fresh news to move the market. After posting early losses, the gold mining index came off its worst levels despite the major gold mining strike which got under way in South Africa on Sunday.