News Stream

Currently viewing: Money

As a result of construction delays‚ the cost to completion of Medupi is now expected to increase to R105bn.
As the mining industry readies for wage talks in the gold sector, employers hope to end the wave of wildcat strikes that has crippled mining for the past 18 months.
Foreign investors owned a record number of shares on the JSE last year, putting South African markets at risk of a “double negative whammy” should there be a mass foreign sell-off.
The Reserve Bank has urged the public not to panic, following reports that an important security feature on the new Mandela banknotes, is defective.
Seventy top retailers pledged to open up their factories to safety inspections within nine months as part of a pact finalised in the wake of a deadly garment factory collapse.
Treasury is in the process of tightening up the regulations governing the way national departments‚ provincial governments and local authorities spend their money.
The rand was softer in early trade on Monday as a strong US dollar pressured commodity currencies.
hares in South Korea's Asiana Airlines shed as much as 6.4% on Monday after one of its passenger jets crashed at San Francisco airport over the weekend.
Greece is close to a deal with its international creditors over thousands of job cuts aimed at clearing the way for the debt-laden nation to receive bailout funds
De Beers and the National Union of Mineworkers (NUM) have reached an agreement of a 9% wage increase.
The United States added a better-than-expected 195,000 jobs in June, and job growth in prior months was revised higher, official data released Friday showed.
Student debt is exploding amid revelations that South African university students can legally acquire credit cards.
Rating agency Standard & Poor's cut its notation of fallen mobile phone maker Nokia on Friday, because of the cost to the company of buying out a joint venture with Siemens.
Workers at De Beers, the world's leading diamond miner, will down tools in South Africa on Friday over unmet wage demands, the National Union of Mineworkers (NUM) said.
Oil prices rose on Friday amid mounting tensions in Egypt, while investors awaited US jobs data for clues to when the Federal Reserve will end its massive stimulus programme.
China has offered a quota for its solar panel exports to the European Union, state media reported Friday with the two sides embroiled in a series of trade disputes.
The rand marked time on Friday at midday ahead of crucial US nonfarm payroll figures expected out later in the day.
Spanish factories slowed output for the 21st straight month, official data showed Friday, as demand collapsed in a long recession that has pushed unemployment above 27 percent.
Anglo-Dutch food giant Unilever said it has paid $3.2 billion for an additional 14.8 percent in its Indian subsidiary as part of its strategy of expanding in emerging markets.
Japanese electronics giant Panasonic said Friday it will close its only European solar cell plant in Hungary, resulting in the loss of 550 jobs.
South African futures ended higher on Thursday‚ lifted by optimism in Europe that tapering in monetary easing was not likely any time soon.
The National Treasury has published the Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill for public comment.
A unit of Nestle is cutting prices for baby formula in China by as much as 20%, it said after the government launched an investigation into alleged price-fixing by foreign firms.
The Swiss government revealed plans to settle a bitter dispute with Washington over American tax dodgers.
eNCA.com would like to send you push notifications.
Notifications can be turned off any time in your browser settings.
You have been registered for browser notifications