US crude stocks fell 7.1-million barrels in the week to August 12, Energy Information Administration data shows
It has not made up for all the destruction it wreaked on SA
Labour federation hopes national strike will bring economy to a standstill so government has to acknowledge the socioeconomic crisis facing SA
The party’s internal leadership contest in December is expected to gain momentum once the the nomination process kicks off
The JSE now has 92 ETF listings with a combined market capitalisation of R118bn
The rand will continue to lose value if we don't adopt policies that create a superior emerging market with a far lower risk premium
The claim by Sars that it costs the country R31bn is wrong — the real cost is about R4bn a year
The president said the meeting, held in DRC, looked at ‘very positive’ initiatives that Sadc member states have embarked on
British player heads to the third round after trouncing Australian Open winner Victoria Azarenka
From Cape Agulhas to where the first Land Rover design was sketched in the sands of Red Wharf Bay in 1947
The SA Special Risks Insurance Association estimates that the July riots cost the country R50bn: “The most expensive riots in the world.”
To place this in perspective, this amount is equal to our annual defence budget. Few countries have reached this level of anarchy.
If this is where we stand after a quarter of a century of ANC racial engineering (also known as BEE), maybe we should change direction?
Willem Cronje Cape Town
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.