Business News

RSS IOL

RSS SABC

RSS Tech Central

  • Elon Musk on brink of ‘Wright Bros moment’ March 24, 2017
    If the rocket Elon Musk’s SpaceX expects to launch next week looks familiar, that’s because it is. The Falcon 9 rocket slated to take off from Kennedy Space Centre in Cape Canaveral, Florida
  • Allan Gray won’t get hostile with Net1 March 24, 2017
    Allan Gray, the second biggest shareholder in Net1 UEPS Technologies, said it will work with the company’s board after it highlighted concerns about its communication with its investors
  • Rand’s rally may soon be over March 24, 2017
    The rally that made South Africa’s rand the world’s best performing currency this year might be nearing its end, according to Old Mutual Investment Group. The currency gained 10% against the dollar
  • Samsung apologises for involvement in scandals March 24, 2017
    Samsung Electronics apologised on Friday for its involvement in scandals that have led to the ouster of South Korea’s president and the recall of its Galaxy Note7 smartphones, pledging to improve governance in the face of
  • Ignore the white noise: Samsung itself is the focus March 24, 2017
    There's a lot going on at Samsung Electronics, what with its chief in handcuffs, an activist demanding more cash, the scent of exploding phones and the hum of self-destructing washing machines
  • Now Tool set to make peace with streaming March 24, 2017
    Rock band Tool is in talks to make its catalogue available on streaming services in time for the release of its first album in more than a decade, according to people with knowledge of the matter, marking

RSS Allan Gray

  • Allan Gray-Orbis rand denominated offshore unit trusts are now open March 19, 2017
    The Allan Gray-Orbis Global Equity Feeder Fund, the Allan Gray-Orbis Global Fund of Funds and the Allan Gray-Orbis Global Optimal Fund of Funds have been...
  • Net1: Do the right thing March 16, 2017
    We are very concerned about the situation surrounding Net1 – both the immediate need to ensure that 17 million beneficiaries receive their payments on time a...
  • Clarifying our position on Net1 March 9, 2017
    There has been a lot of press coverage on Net1, the parent company of the current social grants payment provider Cash Paymaster Services (CPS), much of which...
  • Beware the siren song of growth March 2, 2017
    Growth has an almost irresistible allure for investors. Whether it’s a rapidly growing economy, a start-up with a hot new product, or a new industry that...
  • 2017 Budget speech update February 22, 2017
    The Minister of Finance announced amendments to tax and other legislation that may affect investors. These changes are discussed in detail below and, unless...
  • Read beyond the Budget headlines: Bracket creep hits low to middle income earners February 22, 2017
    The 2017 Budget had some surprises, especially for the wealthy, with steep increases in income tax and dividend withholding tax. But the silent tax increase ...