After 120 years of convincing companies of the merits of listing and being publicly traded, the JSE will on June 5 list on its own main board, joining peers including the London Stock Exchange. The move is the culmination of about five years of restructuring the bourse.
With the cost of education rising all the time, parents are well advised to start planning for this large expense sooner rather than later. According to Franzo Friedrich, head of marketing at FNB Insurance, education is one of the biggest expenses that most parents will have to face.
The JSE’s bull run may have resulted in capital growth of more than 50% a year for nearly three years, but it’s not run out of steam just yet — at least, that’s the view of Stanlib, which is still advising the hundreds of intermediaries marketing its funds to recommend to their clients that they continue to be "overweight" equities.
Tiger Woods and Ernie Els have ruled out shorter hitters from any hope of wearing the Masters’ champion green jacket after taking a sneak peek at changes at Augusta National Golf Club. Speaking on the eve of the ,5-million US PGA Bay Hill Invitational, world number one Woods warned that the course might now be the most difficult in golf.
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The rape trial of former deputy president Jacob Zuma enters its ninth day in the Johannesburg High Court on Thursday. After more than a week of sensational and at times graphic medical testimony, proceedings on Wednesday focused on the technicalities of the investigation.
A month ago, South African investors were exuberant. Both the currency and the stock market, after years of remarkable strength, seemed bullet proof. Suddenly, however, we found both our currency and our stock market being kicked for no apparent reason a week ago.
Class is out at Sarkh Doz, a sleepy village near the sweeping Helmand river. A ghostly silence fills the school playground, the gate is bolted shut and the proud yellow classrooms have been reduced to a blackened shell of cinders. Taliban arsonists set the blaze, locals say.
Days before Israel’s military assault on Jericho prison it warned Britain and the United States that it would seize Palestinians held there under an international agreement for killing an Israeli Cabinet minister if the two countries withdrew their monitors.
Feelings are running high in the Serbian town of Pozarevac, whose most famous son, former Yugoslav strongman Slobodan Milosevic, is coming home to rest in peace. As preparations step up for a funeral on Saturday under the gaze of the world, 500 people from his Socialist Party gathered in the local cultural centre and roundly accused the UN war crimes court where he died of killing him.
Four men have appeared in the Johannesburg Commercial Crimes Court in connection with a series of thefts that cost nine pension funds R213-million, police said on Wednesday. They were arrested at their homes on Tuesday night and charged with conspiracy to commit fraud, theft and money laundering. All are aged between 60 and 70.