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'Tighten tender processes'

Sep 09 2010 13:03

The state needs to tighten the tender system in municipalities to fight corruption and take politicians and councillors who abuse it to court, parliament hears.

Business

Treasury under fire in parliament

Sep 09 2010 09:37

Treasury is protecting big banks and helps them to delay transformation in the industry, hears parliament.

Business

Outcry as mining firm is 'hijacked'

Sep 09 2010 08:19

The chairperson and directors of a mining house have apparently been unlawfully replaced by strangers in the records of the fraud-ridden Cipro.

Business

Dispensing fee to be 'transparent'

Sep 08 2010 18:19

New draft regulations will introduce "transparency and fairness" to the dispensing fee that may be charged by pharmacists, says the Pharmacy Stakeholders' Forum.

Business

SA bosses not on fat cat salaries

Sep 08 2010 14:24

South African business executives are not being paid too much in relation to their global peers, but the wage gap between executives and labourers may cause resentment.

Business

Building confidence recovers

Sep 08 2010 12:33

After a steep fall during the second quarter of 2010, the FNB Building Confidence Index bounced back during the third quarter of the year.

Business

Numsa rejects auto industry offer

Sep 08 2010 09:34

Union calls on its members to continue the strike as it rejects a 10% wage increase offer.

Business

Six nuclear power stations planned

Sep 08 2010 07:57

Energy Minister Dipuo Peters says SA may get up to six new nuclear power stations, which will create 70 000 new jobs.

Business

Business confidence at annual high

Sep 07 2010 11:53

The Business Confidence Index has recorded its highest reading for 2010 in August, but experts predict a correction to follow the spike.

Inside Fin24.com

The health gap

For most people their biggest medical expenses start after retirement.
Pension billions in limbo

Certain companies use political connections to withhold pension fund surpluses.
Savings disaster

SA faces social disaster if financial pressure is allowed to interfere with savings goals.
New consumer act plea

The new consumer protection law is likely to have "serious financial implications" for businesses.
Avoiding e-filing mistakes

Business owners need to take care when filing tax returns online.
The health gap

In addition to pension savings, a newly retired couple will need R1m to fund medical care.
Repo looks ripe for cut

Nineteen out of 23 economist polled expect the Reserve Bank to cut the repo rate.
JSE off black ownership target

Black ownership of JSE-listed companies is still a way off the 2017 target.

Business

Bank boards need more experience

Sep 07 2010 18:03

Without at least two highly skilled bankers, banks' non-executive boards are captive to management, says the chair of Edward Nathan Sonnenbergs.

Business

Winemaker, Land Bank in legal clash

Sep 07 2010 09:45

A R37.9m dispute between winemaker Nicolas Krone and the Land Bank may lead to the Constitutional Court.

Business

Illegal factories get reprieve

Sep 07 2010 07:11

Government has granted hundreds of clothing manufacturers which don’t pay the minimum wage more time to comply.

Business

'Convince us' says union

Sep 06 2010 18:27

Unions are still in two minds about whether they should accept a salary increase proposed by the government, but say they are open to being convinced.

Latest Headlines

Economy Room for more rate cuts, say experts Rate cut revives flagging spirits Vehicle manufacturers halt production	Business 'Tighten tender processes' Treasury under fire in parliament Outcry as mining firm is 'hijacked'	Markets Wall St rallies on positive jobs data Dollar/yen slips towards 15-year low JSE slightly down ahead of key data
Investing Draft code for investors released FSB probes smaller unit trusts The health gap	My Business Uptick in business owners seeking jobs New PAYE tax process for SMEs Ominous issues loom over firms	Companies Sanlam 'satisfied' despite flat earnings Gautrain strike over Absa off the hook after results breach

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Indicators

Last updated: Thu 23:40

Company Snapshot

Meet the Boss: Disney's Anne Sweeney

Sep 08 2010 16:05

The president of Disney ABC TV Group speaks about leadership and building connections between consumers and products. Time: 01:58

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Before I start be warned I have no economic degree, doctorate or poetry quoting background. ( but I did take economics at school a decade or so ago) Also lets forget the current economic crises as I don't really think it effects the salary earning person in SA to a great exte... Read their blog...

Unzipped, Sept 8 '10

Facebook and Twitter users are being targeted by cyber criminals. Fin24.com investigates how to stay safe on social media networks. Time: 9:20 Listen Here...

Metal Heads, Sept 7 '10

Fin24.com's mining journalists speak to Wits Gold about the miner's deal to buy Harmony assets and find out whether the financial woes of copper miner Metorex are over. Time: 16:28

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Q: Should the Reserve Bank cut interest rates?

		Yes, the economy needs a boost.
		No, it will unnecessarily fuel inflation.


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Read it in FinWeek

Investment opportunities at your fingertips

Sep 09 2010 00:00

Companies included in the JSE’s Top 40 index earn roughly two-thirds of their annual profits outside South Africa. It’s worth mentioning that astounding statistic since our “big cats” caused quite a stir over recent weeks with various corporate manoeuvrings (real and rumoured), events that raised the profile of those counters on international markets. BHP Billiton quite unexpectedly made a cash offer of close on US$40bn for Potash Corp. In terms of market cap, it’s the world’s largest producer of raw materials for the fertiliser industry. Old Mutual is sitting around the negotiation table with HSBC, apparently the world’s largest bank, which wants to take over Nedbank for $7bn.
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