Rica gobbles cellular profits

New regulations are blowing holes in the revenues of the country's biggest mobile operators.

The why, how of nationalisation

ANC Youth League spokesperson Floyd Shivambu has explained the organisation's detailed perspective on the nationalisation of mines.
Companies

AngloPlat turns the corner

Feb 08 2010 17:19

CEO Neville Nicolau reckons the operational turnaround at Anglo Platinum is sustainable and the market believes him, judging by analyst responses and the jump in the share price

Property Investments

Big house, better value

Feb 08 2010 15:13

Bigger-sized homes have shed the least value in South Africa's first recession in over a decade, according to data.

Economy

Households will drive upswing

Feb 08 2010 14:46

Reacting to data showing a timid recovery in business confidence, economists say optimism will only improve once households up their consumption levels.

Companies

Randgold surges ahead

Feb 08 2010 18:28

Randgold Resources has turned in a record year and forges ahead with growth projects as it aims for a one million ounce production level by 2013.

Companies

Absa may be drawn into SSF probe

Feb 08 2010 12:07

The R1bn lawsuit against Nedbank arising from single stock future transactions in 2008 may also place Absa Capital's SSF activities back under scrutiny.

Companies

FNB to roll out PayPal

Feb 08 2010 09:24

First National Bank is rumoured to be unhappy about a news leak that it is bringing PayPal to South Africa by April.

Companies

Bonitas contests curatorship

Feb 08 2010 10:23

Bonitas principal officer Bafana Nkosi has left the ship while the fund is contesting the application for curatorship by the Council for Medical Schemes (CMS).

 

Breaking News

Dow closes below 10 000

Feb 09 2010 01:05

US stocks have tumbled amid worries about debt problems in the eurozone, sending the Dow Jones industrials to a close below 10 000 for the first time since November 4.

SA firms 'in shady Zim deals'

Feb 08 2010 21:56

SA companies, who allegedly conspired with the Zimbabwean minister of mining, have been accused of illegal activities.

Cold drink strike ends

Feb 08 2010 21:59

A seven-week-long strike has ended at ABI, which produces Coke and Fanta, with workers accepting a salary increase of 8%.

Busa, govt to team up on climate

Feb 08 2010 17:52

Business Unity South Africa and Water and Environmental Affairs Minister Buyelwa Sonjica have agreed to collaborate to meet national greenhouse gas targets, says Busa.

JSE firms on good appetite

Feb 08 2010 17:31

South African stocks have ended firmer amid good appetite for stocks at their lower levels, following a sharp sell-off over the past few weeks.

Rand takes a breather

Feb 08 2010 16:36

The rand continues to track euro/dollar play amid very little action as markets look to take a breather.

Eskom hike to up power piracy

Feb 08 2010 16:34

The 35% tariff increases requested by parastatal Eskom will lead to disconnection and illegal reconnection of electricity around the country, says Cosatu.

Algeria keen on SA pebble bed

Feb 08 2010 12:02

Algeria has shown a keen interest in South Africa's pebble bed technology, says South Africa's Pebble Bed Modular Reactor company.

Columnist

Simon Dingle Simon Dingle

Controlling nomophobia

Airlines' consideration of implementing cellular connectivity for long-haul flights is scary stuff, writes Simon Dingle.

Inside Fin24.com

International

Merger of food giants canned

Feb 08 2010 17:25

Major Japanese brewers Kirin and Suntory have cancelled merger talks that would have created one of the world's largest food and beverage companies.

Business

Foreign support for ABI strike

Feb 08 2010 14:36

The Service Employees International Union of North America has lent its support to the Food and Allied Workers' Union members striking at Coca-Cola ABI in South Africa.

Companies

Xstrata gears up for growth

Feb 08 2010 11:18

After approving five projects worth $2bn in the past six months, Xstrata has been gearing up for more growth to meet commodity demand from industrialising nations.

 
Economy

China 'not such a big deal'

Feb 08 2010 09:36

China's role in Africa's mining sector is exaggerated, declared an industry expert at the annual Mining Indaba conference.

Investing

Retail property 'can only improve'

Feb 07 2010 12:59

Weak Christmas sales have not dampened analysts' enthusiasm for retail property, as the sector usually performs better than other industry segments during an upturn.

My Business

'Female entrepreneurs too timid'

Jan 31 2010 09:10

Despite being seen as good credit risks, women find it intimidating to approach banks for small firm financing, say industry experts.

Company Snapshot

Video

5 questions with John Munro
2010/02/08 05:25:00 PM

Fin24.com spoke to the Rand Uranium CEO at the 2010 Mining Indaba about the company's planned R3.5bn plant. Time: 2:08

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Q: Will you use your cellphone to apply for an ID?

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