Half of all SA cars uninsured

Due to financial pressure, more people are cancelling their car insurance.

Cape Town best city - UK poll

Readers of the Daily Telegraph in London have voted Cape Town the best world city in its 2008 travel awards.
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Business

SA firms to gain as US loses

Dec 02 2008 17:09

A number of SA businesses will benefit from Asia asserting its global dominance as the US fades, a strategist believes.

Companies

FirstRand down 12% on warning

Dec 02 2008 18:41

Mortgage woes hit banking group FirstRand as its shares slump following a profit warning - and there's more pain to come.

Companies

Adcock ARVs unprofitable

Dec 02 2008 17:04

Adcock Ingram, the newly listed healthcare company, says its portion of government's R3.8bn anti-retroviral tender is unlikely to make much money.

Companies

Pioneer not shelling out

Dec 02 2008 16:38

Pioneer Foods' MD says its egg business is not for sale, despite its poor performance and a R100m legal claim.

Economy

Subprime: Five more years

Dec 02 2008 15:54

It took at least five years to create and could take as long to unravel: that's the view of leading SA bankers on the duration of the world's subprime crisis.

Companies

Little interest in Harmony plans

Dec 02 2008 18:16

Harmony's projects in Papua-New Guinea haven't received much attention. Investors are more concerned whether existing operations are viable.

Economy

Motlanthe: SA growth tanking

Dec 02 2008 22:22

The latest economic data shows that SA's growth prospects are taking a dive, says President Kgalema Motlanthe.

 
LOVE IS IN THE AIR

LOVE IS IN THE AIR: A Qantas passenger jet taxis past a British Airways jet on the tarmac at Sydney Airport. BA and Qantas are considering a merger. - AFP Full story...

Breaking News

Wall St rebounds sharply

Dec 02 2008 23:52

In a session that showed more indecision than conviction, the US stock market has rebounded from the previous day's massive decline.

JSE in red on global concerns

Dec 02 2008 17:58

The JSE has closed in the red, taking direction from world markets which are weaker on the back of a sharply lower Dow overnight.

MTN suffers shock slump

Dec 02 2008 18:21

Nigeria's currency free-fall has caused huge damage to MTN's share price on the JSE.

Private sector in recession

Dec 02 2008 13:07

Data from a provincial barometer study shows private sector economic activity levels in four provinces is falling precipitously.

Mines to fire 10 000 workers

Dec 02 2008 21:07

Eight mines have issued notices to about 9 000 workers and another 1 000 job losses are expected, Solidarity says.

Rand recoups some losses

Dec 02 2008 17:48

The rand has recouped some of its recent losses in line with other emerging market currencies after a bounce in equities on speculation the US Federal Reserve will cut interest.

RMB faces profit slump

Dec 02 2008 17:28

RMB expects interim headline earnings to be 24% to 32% lower as its investments in emerging market financial shares turn sour.

FirstRand drops Brazil plans

Dec 02 2008 16:38

FirstRand has abandoned plans to provide financing for Brazil's automobile market, which has been hit hard by a slowing economy and a credit crunch.

Columnist

Greta Steyn Greta Steyn

Dangerous ANC doublespeak

The ANC's soothing "no-change" mantra is a lie and markets should wake up to the very real possibility of a massive shift to the left, says Greta Steyn.

More columns...

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More bad news for Pioneer

Pioneer Foods faces a R100m anti-competition charge from egg suppliers.

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Flying above the storm?

Local air travel may be less affected by the global financial crisis.

columnist name

Petrol slashed to below R8/l

The petrol price has been cut for the fifth consecutive month.

columnist name

'End date needed for BEE'

There has to be a cut-off date for the legislative framework for BEE, says Mathews Phosa.

columnist name

OM in Zim payout mess

Old Mutual may have made a massive error in the dividend payouts to Zimbabwean shareholders.

columnist name

Growth prompts rate-cut call

Could slower growth mean rate cuts sooner than later?

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International

BA, Qantas may merge

Dec 02 2008 16:11

British Airways is exploring a potential merger with Australian rival Qantas Airways.

Business

Private equity still on tap in SA

Dec 02 2008 07:23

Private equity is still available for investments in SA despite the global financial crunch.

Companies

Petra may put mines on review

Dec 02 2008 15:45

Two operations of Diamond Mining junior Petra Diamonds are currently under review, and it has begun consultations with unions regarding potential retrenchments.

 
Economy

SA to launch energy audits

Dec 02 2008 17:08

The government is looking at rolling out energy efficiency audits to encourage greater energy saving in the agricultural, manufacturing and mining sectors.

Investing

Investment opportunities abound

Dec 02 2008 22:42

From locking in high-dividend yields to select preference shares, the current crisis presents a number of opportunties to maximise wealth, says an expert.

My Business

Bill to boost franchisees

Nov 14 2008 18:49

New legislation will prohibit franchisors from insisting that franchisees buy products from specific suppliers.

Comment & Analysis

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Company Snapshot

Blogs

Bertie says...

Quickly, can you name a couple of features that distinguishes your mum's cooking from 'steakhouse' food? I was prompted to when I saw the new Dros slogan: 'Jou ma se kos'. Read their blog...

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Podcasts

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Yesterday's heroes

Vic de Klerk tells David McKay why resources stocks are leaving investors high and dry. Time: 7:58