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Companies

SAA CEO on 'special leave'

Feb 11 2009 19:15

Loss-making state airline SAA, which will receive another bailout from government, has put its CEO on special leave.

Companies

Mittal expects decline

Feb 11 2009 12:39

Steel giant Arcelor Mittal expects a "substantial" decline in the first three months of 2009 as the economy lags.

Companies

African Bank sticks to targets

Feb 11 2009 11:36

Management at banking group African Bank says it remains committed to medium-term targets ahead of short-term expectations.

Companies

SAA to decide on CEO's future

Feb 11 2009 11:02

South African Airways' board says it will take the "necessary measures" in the probe of mismanagement and conflict of interest allegations against its CEO, Khaya Ngqula.

Companies

Ivory Coast expels MTN chief

Feb 11 2009 07:36

Ivory Coast has expelled the local head of MTN after he was caught up in an alleged extortion attempt.

Companies

Shoprite cashes in on crisis

Feb 10 2009 15:53

Supermarket chain Shoprite has defied a consumer downturn with a 27% increase in first-half turnover after its cheaper shopping chains lured customers watching their wallets.

Companies

Ellerines deflates African Bank

Feb 10 2009 12:48

African Bank continues to be a tale of two stories, with its lending operations making up for furniture retailer Ellerines' underperformance.

Companies

Blue Label rises on pre-paid

Feb 10 2009 15:31

Telecommunication services group Blue Label attributes their higher earnings to the increase in consumer demand for prepaid tokens of value, in spite of the downturn in the economic climate.

Companies

Hulamin: good position, bad market

Feb 10 2009 19:14

It's a great cushion to be one of the world's cheapest producers in an industry that's in trouble worldwide, as Hulamin is, writes Michael Coulson.

Inside Fin24.com

Relief for mining sector

Besieged local mines won't have to deal with the mining royalties regime this year.

Over 20 000 tips for Trevor

The "dysfunctional" Sars call centre, anti-retroviral treatment and tax on whiskey feature.

Booysen: Big risks remain

SA could easily enter a phase of negative growth, Absa's outgoing CEO has warned.

Stimulus - will market rise?

Joe Meyer takes a look at what the charts say about the US economic stimulus package.

Tales of woe at Mining Indaba

The mining sector has been hit by more retrenchments and discontinued operations.

'Don't sell SA homes, Caprice!'

Caprice shouldn't get her bikini in a twist over the property market, says an expert.

Companies

Green light for Coega smelter?

Feb 10 2009 17:25

Rio Tinto has not given up on the Coega aluminium smelter project and could start construction in 2011, depending on the availability of power.

Companies

Hulamin: Debt will come down

Feb 10 2009 17:01

Cutting Hulamin's dividend was a hard decision but the most prudent thing to do as expansions costs, says its CE.

Companies

Hulamin cuts dividend

Feb 10 2009 14:48

Aluminium product maker Hulamin's share price has been hammered by a cut in the final, full-year dividend, and falling sales in the second half of last year.

Companies

CRC to raise $25m in capital

Feb 10 2009 14:41

AIM-listed Copper Resources Corporation has launched an Offer for Subscription, under which it proposes to raise up to $25m to provide working capital for the company.

Latest Headlines

Economy Zim welcomes idea of rand link NUM declares 'war' on layoffs 'SA already in recession'	Business Absa: Govt must save BEE mines SA autocat sector calls for help Big rise in 'unfair' dismissals	Markets JSE unmoved by gold rally Gold 'will reach $2 300' Rand gives muted budget-response
Investing Investing for your children SA investors burnt? Growth stocks 'set to blossom'	My Business Outsourcing gains ground Good starters, poor finishers? Businesses: blog or bust	Companies Mittal expects decline African Bank sticks to targets SAA to decide on CEO's future

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Indicators

Last updated: Wed 23:30

	Value	%
All Share	21,054.49	0.00
Top 40	19,009.08	0.00
Resource 20	39,119.44	0.00
Industrial 25	16,133.52	0.00
Financial 15	5,662.77	0.00
Daily brent crude ($/bbl)	45.78	3.06
ZAR/USD	9.86	0.40
ZAR/EUR	12.74	0.46
ZAR/GBP	14.20	0.52

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Q: Are you satisfied with the way Trevor Manuel has allocated funds in the budget speech?

		Yes, the cut in personal tax is a welcome relief.	62%
		No, he could've allocated more to social spending instead of bailing out SAA.	19%
		It's what I've come to expect.	19%


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