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Ray Faure
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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, say economists.
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 said on Friday.
JSE boosted by resources, miners
SA stocks were sharply firmer in noon trade on Thursday as the recovery in resources and mining stocks continued amid generally firmer world markets.
Industrials keep market aloft
The JSE was firmer on Friday, held aloft by industrial stocks which received a shot in the arm from news that British American Tobacco will be listed.
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.
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 2004. The South African Chamber…
Discovery could face millions of rands in claims
Three hundred former and present members of Discovery Health are suing the insurer for R852Â 000 in connection with an ancillary fee that they believe was charged illegally. But…
JSE lower in line with world markets
The JSE remained lower at noon Wednesday in tandem with overseas markets but miners managed modest gains amid better precious metal prices and concerns over wage talks. At noon…
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 April, economists feel that an…
JSE down on Asian markets, commodities
The JSE was weaker in noon trade on Tuesday as weakness in Asian markets and lower commodity prices weighed on the market. At 11.55am, the all-share index was off 0,59%, with…
Nedbank CEO smiles over turnaround
Nedbank — once regarded by many as the doyen of South Africa’s so-called "big four" banks before losing some of its sheen — continues to make major strides in its turnaround…
Alexander Forbes ready to move forward
Peter Moyo, CEO of financial and risk services provider Alexander Forbes, says the group is now firmly focused on extracting growth and shareholder value from its businesses in…
JSE hits new high
Despite a firmer rand, the JSE hit a new all-time high on Tuesday morning, with the all-share index breaking through the key 24 000 barrier. However, some traders described the…
JSE up with resources leading charge
Despite a slightly stronger rand, the JSE was up almost 100 points in midday trade on Monday, with resource stocks leading the charge. Dealers said resource stocks had received a…
JSE weaker on rand, profit-taking
A stronger rand and some profit-taking saw the JSE in the red in noon trade on Wednesday after two days of strong gains. Dealers said profit-taking on resources giant Anglo…