Fin24 News

08/17/2018 04:25 AM | Harmony Gold expects earnings to be lower than prior financial year
Harmony Gold has achieved its production guidance for the third consecutive year and increased its underground recovered grade by 8%.

08/17/2018 04:17 AM | Zimbabwe's July inflation highest since 2012
Zimbabwe's inflation accelerated to its highest level since 2012 in July, with the country's budget deficit being the single most damaging influence.

08/17/2018 04:12 AM | Magda Wierzycka's 10 tips to run your own business
Most people who say they want to run a business, never actually end up doing it. Sygnia CEO Magda Wierzycka shares lessons on what it takes to run a business or even lead a successful career.

08/17/2018 03:13 AM | JSE struggles to maintain earlier momentum
The JSE barely closed firmer on Friday as it struggled to maintain earlier gains.

08/17/2018 02:47 AM | Low risk of load shedding over the weekend, but be prepared anyway - Eskom
Eskom said in a statement on Friday evening that there is a low probability of rotational load shedding for the weekend.

08/17/2018 02:29 AM | SARB: EFF amendment bill does not challenge mandate, independence
The South African Reserve Bank says it will step in regarding proposed amendments to the SARB Act at the appropriate time.

08/17/2018 02:00 AM | More suspensions looming at Transnet - Molefe
Transnet board chairperson Popo Molefe has warned that the three executives currently facing suspension were "just the beginning".

08/17/2018 01:36 AM | Top 5 on Fin24: Rand breaches R15/$ in volatile trade, Treasury crunching numbers in case zero VAT list widens and why South Africans are changing spending habits
A roundup of Friday's top economic and finance reads on Fin24.

08/17/2018 12:14 AM | Parliament welcomes sugar tariff increase
Minister Rob Davies said on Wednesday that he endorsed the recommendation that import duties on sugar should be increased to $680/ton.

08/16/2018 11:01 PM | SARS group executive appointed as new NSFAS administrator
Group executive at the South African Revenue Services, Dr Randall Carolissen, has been appointed as the new administrator of the National Student Financial Aid Scheme.

08/16/2018 10:50 PM | Magda Wierzycka: 'The crooks must go to jail, Markus Jooste first'
Speaking at a conference on Friday, Sygnia CEO Magda Wierzycka called for South Africans to focus on building a future, but said "crooks" must be sent to jail first.

08/16/2018 09:19 PM | Evidence that some Transnet employees 'operate like syndicates' on tenders - Molefe
The Transnet chairperson was speaking during a meeting in Johannesburg with Parliament's oversight committee on public accounts.

08/16/2018 08:35 PM | Rand breaches R15/$ in volatile trade
Andre Botha, senior currency Dealer at TreasuryONE, said in a morning note that the rand was still taking its cue from risk-averse emerging market sentiment.

08/16/2018 07:35 PM | Famous Brands expecting to dish up strong results
Despite challenging trading conditions and having to recall ready-to-eat meat products from its outlets earlier in the year, Famous Brands is expecting to release positive results at the end of August.

08/16/2018 05:46 PM | South Africans changing spending habits due to financial pressure, index shows
South Africans are under financial pressure and have adjusted their spending behaviour to weather headwinds, says the head of stakeholder relations at BankservAfrica.

08/16/2018 05:26 PM | Tesla's Musk says stress, overwork taking heavy toll
In a New York Times interview, Tesla's CEO Elon Musk alternated between laughter and tears, saying he was working up to 120 hours a week and sometimes takes Ambien to get to sleep.

08/16/2018 02:45 PM | Treasury crunching numbers in case zero VAT list widens revenue gap
If there is a revenue gap caused by additional zero-rated VAT items, then Treasury will either have to adjust expenditure, or raise taxes in the mid-term budget, Parliament has heard.

08/16/2018 02:15 PM | INSIDE LABOUR: After Marikana, what really changed?
Billions still lie in budget allocations but millions are returned unspent, while more seems to be lost to corruption - so it's time to prioritise job retention before the voters walk away, says Terry Bell.

08/16/2018 01:45 PM | To prep for robot driving, some want to reprogram pedestrians
You’re crossing the street wrong. This is essentially the argument some self-driving car boosters have fallen back on in the months after the first pedestrian death attributed to an autonomous vehicle.

08/16/2018 06:01 AM | EFF tables draft bill to nationalise SARB
The EFF has put forward an amendment to the law governing the central bank that would make the institution state-owned and see its directors appointed by the finance minister rather than shareholders.