Business News

Business Day Live Markets

• MARKET WRAP: JSE ends volatile week with broad-based gains June 22, 2018
  After choppy trade at the start of the week, the bourse pushes higher led by retailers and banks, but is lower for the week
• JSE closes higher as banks and retailers lift on stronger rand June 22, 2018
  The market warms to Naspers’s numbers, despite annual figures reflecting greater dependence on Tencent, with a slightly lower trading loss of $673m
• Russia and Saudi Arabia’s plans for a ‘Super-Opec’ could change world order June 22, 2018
  Moves are afoot to make Russia’s role in managing global oil supply permanent; Russia and Saudi Arabia, together, pump 20% of the world’s oil
• Weak dollar lifts rand, as market eyes Turkey June 22, 2018
  Euro gains after an upbeat flash purchasing managers index for June showed a pick-up in activity, but Turkish politics and the oil price remain flashpoints
• Oil up 4% as Opec raises output, albeit modestly June 22, 2018
  Opec is to raise output by about 1-million bpd in nominal terms with no individual targets for Opec members, with production increases to take effect from July 1
• Opec reaches a last-minute compromise to boost oil production June 22, 2018
  With Iran coming to the table, the oil cartel and its allies, including Russia, have an agreement, on paper, to increase output by 1-million barrels per day

Business Day Live Economy

• Lawyers ask Treasury to make feminine hygiene products VAT-free June 22, 2018
  The Stellenbosch University Law Clinic found nearly of third of girls don’t even attend school when menstruating due to not being able to afford these items
• Mitigation of job losses is a shared responsibility, says Cyril Ramaphosa June 22, 2018
  The president says the effect of a minimum wage on economy and jobs will be closely monitored
• First-quarter current account deficit widens more than expected June 21, 2018
  Reserve Bank says SA recorded a trade deficit after five consecutive quarters of surpluses
• WATCH: What the small dip in inflation means for the rest of 2018 June 21, 2018
  Stanlib chief economist Kevin Lings talks to Business Day TV about what May’s CPI data means for inflation in coming months
• Fuel price and weaker rand to nix inflation reprieve June 21, 2018
  The Bank is likely to keep rates on hold while trying to gauge the effect of global developments
• SA can take solace in a stable outlook, says S&P’s Konrad Reuss June 20, 2018
  ‘All the downgrades over the span of five years hung together. We were flagging social issues in light of low economic growth’

IOL

• UEFA hits out at piracy of prized European soccer matches June 23, 2018
  UEFA warned that illicit broadcasts of some of its top matches of the past season pose a significant threat to European football.
• A barrel-aged Japanese rice whisky you can’t get in Japan June 23, 2018
  Established in 1823, fifth-generation, family-run Fukano Distillery in Japan, is producing some of the most uniquely superlative spirits.
• Move over luxury cars, Germany wants to trial flying taxis June 23, 2018
  Germany, land of the no-holds-barred Autobahn, is pushing the next level of transportation: flying cars.
• Cities face dramatic rise in heat, flood risks by 2050, researchers say June 23, 2018
  In the next 30 years, cities around the world will face higher risks from extreme heat, coastal flooding, blackouts, and food and water shortages.
• Twitter acquires anti-abuse tech start-up Smyte June 23, 2018
  Twitter announced it has agreed to buy San Francisco-based technology company Smyte.
• Most under-35s OK with insurers digital spying if it cuts prices June 23, 2018
  Majority of people between 18 and 34 would be willing to let insurance companies dig through their digital data if it meant lowering their premiums.

SABC

• VBS bank shareholders seek solutions June 23, 2018
  VBS shareholders will later on Saturday have a meeting at Sibasa near Thohoyandou in Limpopo to discus the way forward following financial woes the bank and its clients have been going through for months. The post VBS bank shareholders seek solutions appeared first on SABC News - Breaking news, special reports, world, business, sport coverage […]
• EU slaps tariffs on US as trade war erupts June 22, 2018
  The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in a trade war with President Donald Trump. The post EU slaps tariffs on US as trade war erupts appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of […]
• Eskom wage talks to resume next Wednesday June 22, 2018
  Wage talks at Eskom are set to resume next  week Wednesday, 27 June 2018,  after the power utility and unions failed to reach agreement  this week. The post Eskom wage talks to resume next Wednesday appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. […]
• Gordhan reiterates govt’s plan to clean up SOEs June 21, 2018
  Minister of Public Enterprises Pravin Gordhan reiterated his ministry's commitment to clean up the boards of State Owned Enterprises. The post Gordhan reiterates govt’s plan to clean up SOEs appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..
• BRICS heads of tax authorities discuss challenges June 21, 2018
  Revenue collection, anti-tax avoidance measures and dealing with illicit financial flows were some of the discussions at the BRICS Tax and Customs meeting in Johannesburg. The post BRICS heads of tax authorities discuss challenges appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's […]
• Eskom workers drop wage increase demand to 9% June 21, 2018
  The three unions involved in Eskom wage talks say workers have dropped their wage increase demand from 15 to nine percent. The post Eskom workers drop wage increase demand to 9% appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Tech Central

Allan Gray

• Cloudy crystal ball June 17, 2018
  Two years ago, our crystal ball was cloudy. Shares and commodity prices suffered a rout in early 2016, and markets were concerned that economies around the...
• Structural challenges to business models June 14, 2018
  At the core of our investment philosophy we look for companies we believe are priced below our estimate of their true worth and sell them when they reach fai...
• Adopt a global mind-set for long-term investment success June 14, 2018
  South African investors are fixated on the rand exchange rate, so much so that our currency movements act as a barometer of our nation’s mood: when the rand ...
• Are you overly exposed to China? June 12, 2018
  As South African investors we are very tuned into the local political and economic risks that we face. But what about the less obvious risks?
• Investment Summit brings together 10 of world’s top investment experts June 7, 2018
  The Allan Gray Investment Summit will bring together over 3000 investors who will gather to listen to investment experts from around the world.  From where t...
• How to make your retirement savings last: Common myths debunked May 31, 2018
  There are many risks that need to be overcome to ensure that retirement savings last, says Shaun Duddy, including longevity, inflation and investment risk. I...

Red Website Design

• 11 Web Design Mistakes to Avoid at All Costs [Infographic] June 22, 2018
  Are you in the process of creating a new website for your business? Perhaps you already have a website and it isn’t performing as you hoped? Feldman Creative share 11 website conversion killers you must avoid in this infographic. Here’s a quick summary: Conversion aversion Page pollution Keyword disconnect Buzzword babble Incredibility No help A […]
• Social Media Glossary: 51 Terms & Definitions You Need to Know [Infographic] June 22, 2018
  Are you just getting started in the world of social media for business? Struggling with some of the terminology being used? ShortStack share a glossary of common terms in this infographic. Here are a few that make the list: Algorithm Engagement Influencer Insights Social reach User-generated content Check out the infographic for more detail. The […]
• How to Create a Trustworthy Ecommerce Website People Will Buy From [Infographic] June 22, 2018
  Are you in the process of creating a new Ecommerce website? Or perhaps you’re looking for ways to improve an existing online shop? Kissmetrics share their guide to building trust with your visitors in this infographic. They break things down into three stages: When they first hear about you When they enter and browse your […]
• 10 Crucial Strategies for a More Effective Business Website [Infographic] June 21, 2018
  Are you looking for ways to make your business website more effective? Want to better serve your target visitor and become more profitable? Kayak Online Marketing share their tips for success in this infographic. Here’s a quick summary: Identify your target market Don’t sacrifice structure for design Educate your visitors Get your team involved Run […]
• 50+ Words & Phrases for a More Powerful Social Media Strategy [Infographic] June 21, 2018
  Are you looking for ways to improve your social media strategy? Want to write better copy for your posts and generate more referral traffic and shares? Uberflip share the words and phrases that convince people to take action in this infographic. They break things down into the following sections: How to imply exclusivity How to […]
• 6 SEO Techniques That Will Get You in Trouble With Google [Infographic] June 21, 2018
  So, you’re reading up on SEO, a site has told you about a quick way to get your site to rank higher on Google, but could that get you in trouble and possible lead to a penalty? SEO.com share the black hat techniques you must avoid in this infographic. Here’s a quick summary: Doorway pages […]