Author

 
Ray Faure

Ray Faure

    Brace for a 33c petrol price hike, say economists
    Brace for a 33c petrol price hike, say economists
    The price of petrol is likely to rise by at least 33c a litre next Wednesday -- but the increase could be far higher.
    Manuel: World got global response to crisis
    Manuel: World got global response to crisis
    South Africa has come away from the G20 summit feeling that a fair amount has been achieved, Finance Minister Trevor Manuel told a news conference...
    Ramos to become new Absa CEO
    Ramos to become new Absa CEO
    Banking group Absa announced on Friday that exiting Transnet boss and former National Treasury director general Maria Ramos is to take over as CEO...
    RMB Holdings reports drop in earnings
    RMB Holdings reports drop in earnings
    Financial services group RMB Holdings has reported a 6% decline in headline earnings per share to 311,7 cents for the year ended June.
    JSE boosted by resources, miners
    JSE boosted by resources, miners
    South African stocks were sharply firmer in noon trade on Thursday as the recovery in resources and mining stocks continued amid generally firmer...
    Industrials keep market aloft
    Industrials keep market aloft
    The JSE was a marginally firmer in quiet noon trade on Friday, held aloft by industrial stocks which received a shot in the arm from news that Richemont and Remgro will spin off and separately list British American Tobacco (BAT)....
    Nedbank reports increase in earnings
    Nedbank reports increase in earnings
    Nedbank Group has reported a 6,8% increase in diluted headline earnings per share from 673 cents to 719 cents for the six months ended June.
    JSE lower in line with world markets
    JSE lower in line with world markets
    The JSE was lower in line with world markets in quiet noon trade on Friday, led south by banking stocks after poor United States data released...
    JSE lower, Anglo, firm rand weigh
    JSE lower, Anglo, firm rand weigh
    The JSE was weaker in quiet trade at midday, weighed down by a firmer rand, lower metal prices and what was described as a disappointing production...
    Business confidence dips in October
    Business confidence dips in October
    After bouncing back to 98,7 in October, the SACCI Business Confidence Index (BCI) dipped to 96,9 in October, which is its lowest level since June...
    Discovery could face millions of rands in claims
    Discovery could face millions of rands in claims
    Three hundred former and present members of Discovery Health are suing the insurer for R852 000 in connection with an ancillary fee that they...
    Rate hike seems unavoidable, analysts say
    Rate hike seems unavoidable, analysts say
    With CPIX breaching the upper limit of the South African Reserve Bank's (SARB) inflation target of 3% to 6% for the first time in 44 months in...