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/ 7 December 2007

JSE bolstered by platinum stocks

Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted 0,7%, supported by a 3,24% advance in the platinum-mining index. Resources collected 0,94% but the gold-mining index dipped 0,87%.

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/ 12 November 2007

Tiger Brands slapped with R98m cartel fine

Tiger Brands has been ordered to pay a R98,7-million penalty by the Competition Commission after admitting to participating in bread and milling cartels, the commission announced on Monday. Tiger Brands also agreed to assist the commission in prosecuting remaining cartel members who have not cooperated with the commission.