Nigeria said to be cutting $8.1bn demanded from MTN to $800m

MTN's share jumped 8.6% on the news from a Lagos-based news site but it settled back to Tuesday's closing price as the market started to doubt the veracity of ...

3 hours ago
Import/export: A new level of confidence is budding

Due to the recession, trading conditions in SA are difficult, says Antony Meltzer, CEO at Investec Import Solutions. "We have found that the utilisation of ...

17 minutes ago
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Moyane in court bid to reverse his axing and prevent Sars recovery

The former tax boss is angry he will no longer get a salary, as he has for the past seven months, despite being suspended

4 hours ago
PwC gives Ramaphosa's investment drive the thumbs up

The R290bn influx in investment is expected to add R338bn to GDP over the next five years and create 165,000 jobs, a PwC says in a report

2 hours ago
GARETH VAN ONSELEN: Six core characteristics of the EFF propaganda machine

You will rarely find any measure or proportion in EFF language — to do that would require the party to be grounded in reality, defined as it is by difference ...

10 hours ago
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Insurer Lion of Africa to roar no more

The short-term insurer has decided to halt its operations with immediate effect, citing continued losses in a difficult environment

2 hours ago
Calling all matrics: claim your fame and you could win R10,000

You’ve done the hard work – now it’s time to claim your matric fame

6 hours ago
Naspers rises on Tencent’s better-than-expected results

Tencent bucks a trend of recent let-downs, as a slowdown dampens the outlook for China’s largest corporations, and is said to be belt-tightening 

2 hours ago
Pioneer foods plunges 10% ahead of release of results

JSE-listed food producers continue to face pressure from a weak rand, rising fuel costs and subdued economic environment

1 hour ago
BEN TUROK: Reflecting openly on what went wrong with the ANC

The latest violent row in parliament reflects the turmoil in our society and a loss of direction across the board

10 hours ago
Cabinet reshuffle on the cards after Malusi Gigaba quits

Second minister to resign since Cyril Ramaphosa took over as president — Nhlanhla Nene left in October

10 hours ago
Retail sales growth half that forecast by economists

Though lower than expected, September’s retail sales were high enough to help boost the third quarter’s GDP

1 hour ago
Perjury charges against Bathabile Dlamini are still under consideration, NPA says

Dlamini had denied responsibility for the Sassa debacle and, in doing so, was thought to have lied to the Constitutional Court

3 hours ago
Lonmin shares crash on fear Amcu will scupper crucial Sibanye deal

Number of job cuts could become a sticking point, after the union’s submission to the Competition Tribunal

5 hours ago
De Beers price cuts indicate hard times for ugly diamonds

Nasty, and now cheap, lower-quality diamonds have been having a tough time of late, because there are just too many of them

3 hours ago
Fancy vivid pink renamed the Winston Pink Legacy diamond

Harry Winston paid a record-setting $50m for the diamond, so is entitled to the name change, as top-end diamonds are still in demand

3 hours ago

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.

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