SARAH BULLEN, Johannesburg | Wednesday 6.00pm. THE Johannesburg Stock Exchange, pining of late for some positive domestic data, largely ignored an early Christmas present by the Reserve Bank in the form of a significant drop in the repo rate on Wednesday. The market closed almost flat, with the all share index a negligible four points […]

SARAH BULLEN, Johannesburg | Tuesday 6.30pm. IT was an “utterly miserable” day on the Johannesburg Stock Exchange as it shook off the sleepy mode of late and headed into a free-fall that saw just under 5% shaved off the market value. Dealers were largely bracing for a downturn on Tuesday morning after Wall Street’s two […]

OWN CORRESPONDENT, London | Tuesday 9.20am. SPRINGBOK rugby coach Nick Mallett believes that if his team can set a world record of 18 consecutive Test wins with victory over England on Saturday, the landmark will stand for ever. The Springboks equalled New Zealand’s record of 17 triumphs, set over four years from 1967, when Mallett’s […]

OWN CORRESPONDENT, Johannesburg | Monday 9.00pm. FUGITIVE former Zimbabwean president Canaan Banana, on the run from a conviction charges of sodomy and sexual assault, is hiding out in South Africa, a South African diplomat said Monday. “I talked to him on Thursday and he expressed an interest in going to South Africa,” the diplomat said, […]

SARAH BULLEN, Johannesburg | Monday 6.30pm. THE listing on demutualised life assurer Sanlam dominated the market on Monday, accounting for some 40% of trade. Dealers said without Sanlam providing R370-million worth of trade, which totalled R1,82-billion, on the day would have been dismally thin as investors start to consolidate their positions ahead of the Christmas […]

OWN CORRESPONDENT, Johannesburg | Monday 10.30am. DEMUTUALISED insurance giant Sanlam makes its long-awaited listing on the Johannesburg Stock Exchange on Monday, having raised R4-billion in its pre-listing offer to take its market capitalisation to R15,7-billion. The figure suggests a listing price of 600c, with analysts predicting the shares will trade between 700c and 900c, especially […]

OWN CORRESPONDENT, Johannesburg | Monday 9.00pm. THREE domestic airlines, British Airways-Comair, Nationwide and Sun Air on Monday filed a complaint against South African Airways with the Competitions Board, accusing the parastatal of predatory behaviour. A joint statement issued by BA-Comair MD Pieter van Hoven, Sun Air MD Johan Borstlap and Nationwide GM Hugo Smit, said […]

OWN CORRESPONDENT, Johannesburg | Monday 3.00pm. 3.00PM SCORE: SOUTH Africa has won the first test at the Wanderers by four wickets — after a bad start and a last-second disaster, when man of the match Sean Pollock was caught from a full-toss, with only a run to go. South Africa made a shaky start, losing […]

SARAH BULLEN, Johannesburg | Friday 3.30pm. PANDEMONIUM broke out in ABSA Bank branches nationwide on Friday morning when thousands of the new-look bank’s customers were denied access to their finances. A well-placed source in ABSA head office told ZA*NOW that the bank had a complete system crash on Thursday night, leaving it unable to process […]

OWN CORRESPONDENT, Johannesburg | Monday 4.00pm. Life assurance giant Sanlam’s listing dominated trading on the Johannesburg Stock Exchange early on Monday, opening at 600 cents a share and closing one cents down at 599c. Turnover in Sanlam shares was close to R200-million, representing half the JSE’s turnover early Monday, analysts said. The life assurance company […]