![]() Times LIVE | Use PIC for developmental role: SACP Times LIVE The SA Communist Party has urged government to reposition the Public Investment Commission (PIC) to play a more developmental role. Commenting on PIC CEO Brian Molefe's decision not to renew his contract, the SACP said this provides government with an ... Molefe steps down from helm of PIC TIM COHEN: PIC man worked for public benefit, but also enriched a favoured few Molefe quits as CEO of Africa's biggest fund manager |
![]() Times LIVE | Unions slam R250m Limpopo mining deal Times LIVE Mining and energy-affiliated trade unions have condemned the alleged involvement of politically connected individuals in a R250-million mining deal in Limpopo. The Sunday Times reported on Sunday that ANC Youth League president Julius Malema was at the ... S. African Plan to Sell Sinosteel Venture Stake Angers Unions A nation of cheapshot hustlers Malema in move to sell off mine |
JSE ends day in the red iAfrica.com The JSE ended a dull day in the red on Monday as profit taking dragged the local bourse down while there was little activity to provide some direction. The JSE's all share index dropped 0.81 percent and closed at 28 032.870 points. ... Market Wrap: Little direction as bourse ends down JSE up on firm metals prices JSE boosted by US data |
Times LIVE | Sale of soured stake in Clover opens doors for HCI Business Report Empowerment group Hosken Consolidated Investments (HCI) could use the cash it receives from the sale of its 35 percent stake in milk producer Clover Industries to increase its gaming interests. Rob Forsyth, the head of industrial ... HCI sells Clover stake: Johnny Copeland (HCI) and Manie Roode (Clover) HCI to sell Clover stake Hosken to Sell 35% Stake in Milk Producer Clover |
FSB: Insider trading leads to hefty fines Business Report Two people received hefty fines at a Financial Services Board (FSB) enquiry into insider trading yesterday. In November 2006 Michael Brown, who was an investment consultant at Lewer & Company Stock Brokers, bought Cape Empowerment ... Insider traders in CET, Dynamic fined |
S.Africa rand softer against dollar, awaits Fed decision Reuters South Africa JOHANNESBURG (Reuters) - South Africa's rand weakened against the dollar on Tuesday as the market awaited further direction from the US Federal Reserve's policy decision later in the day. At 0647 GMT the rand was at 7.4750 to the greenback, ... NZ Dollar Up Late But Range Bound Ahead Of FOMC Meeting TheFXSpot: Risk Positions Pared Ahead of FOMC, Eco-Fin Meetngs |
![]() iAfrica.com | Rand stays stable iAfrica.com The rand was stable within its recent ranges in early trade on Tuesday, once again eyeing the euro for direction. At 09:04 the rand was bid at 7.4022 to the dollar from 7.3980 at its previous close. It was bid at 10.1287 to the euro from its previous ... Rand frozen in a narrow range Rand frozen in a narrow range |
![]() Times LIVE | Commission refers findings Times LIVE The Competition Commission has referred its findings to the Competition Tribunal regarding collusion in the wheat milling market, it said yesterday. Credit: AP Pioneer Foods, Foodcorp trading as Ruto Mills, Godrich Milling, Premier Foods and Tiger ... Tiger, Premier Foods Given Immunity in Milling Probe |
Mondi Increases After Inclusion in JSE/FTSE Top 40 (Correct) BusinessWeek March 16 (Bloomberg) -- Mondi Ltd., Europe's largest maker of office paper and paper bags, rose in Johannesburg trading after JSE Ltd. said it will replace Telkom South Africa Ltd. in the JSE/FTSE Top 40 Index as of March 23. ... |
S.Africa says not considering new banks' regulator Reuters South Africa JOHANNESBURG (Reuters) - South Africa's National Treasury on Monday said it was not considering setting up a new regulator for banks after the Mail & Guardian newspaper reported on Friday that the Treasury was weighing the possibility. ... No change in bank oversight policy: Treasury No new bank regulator, says Treasury |