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‘Two-player fibre industry is not good for competition’
Business
/ 18 August 2023

‘Two-player fibre industry is not good for competition’

Experts say a Vodacom-Maziv marriage would make the entity dominant in the market

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Heineken buying Distell will allow for its diversification in the wake of waning beer sales
Business
/ 19 November 2021

Heineken buying Distell will allow for its diversification in the wake of waning beer sales

Heineken set to brew up local market

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Article
/ 5 May 2008

JSE sharply higher on miners, world markets

South African stocks were sharply higher at noon on Monday, led by miners on stronger metal prices, while easing United States economic concerns added to the upbeat mood. Local cellphone firm MTN Group was in focus again on ongoing speculation that an Indian firm might launch a takeover bid for the company, traders said.

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Article
/ 28 February 2008

JSE recoups earlier losses

The gold mining index and industrials helped perk up the JSE by noon on Thursday, helping it to reverse its losses from the morning session. By noon, the JSE’s broader all share index added 0,62%. The gold mining index collected 1,86%, resources gained 0,35% but the platinum mining index pulled 0,96%.

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Article
/ 27 February 2008

JSE dips on consumer-inflation data, profit-taking

The JSE moved southwards by midday on Wednesday due to profit-taking among financials as well as worse-than-expected consumer-inflation data. It was announced that the local consumer price index excluding mortgage rate changes (CPIX) for metro and other areas was up 8,8% year-on-year (y/y) in January, from 8,6% y/y in December.

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Article
/ 22 January 2008

Wall Street expected to plunge

Wall Street was expected to plunge at the opening of trading on Tuesday, extending its huge losses from last week and taking more cues from heavy selling that has spread throughout the world. Indicators showed the Dow Jones industrial average was set to fall by about 500 points when trading begins.

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Article
/ 22 January 2008

Banks help pare JSE losses

The JSE was down only 0,83% at noon on Tuesday, as buying interest among banks helped it recover from sharp losses of over 4% in the morning session. By noon, the platinum mining index fell 2,27%, resources were down 1,72%, and the gold mining index pulled back 1,47%.

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Article
/ 30 November 2007

Miners, resources add some cheer

The JSE was sharply higher by noon on Friday as gains among mining and resource stocks added some cheer. At noon, the JSE’s all-share index rose 1,12% as the gold mining index advanced 2,59%. Resources collected 2,52% and the platinum mining index recovered 1,5%.

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