The JSE closed 5.02% in the red today (Thursday). This has resulted in a three year low for the all share index as it touched 17 814 points. The drop in the JSE was attributed to weak Dow and other
The head of Transnet, Maria Ramos is going to leave Transnet at the end of February next year and take over as the head of Absa, replacing Steve Booysen as chief executive. There is no doubting Ramos' credentials. There are
Some good news for consumers, Inflation came in at 12.4% in the month of October compared to its 13% level for September 2008. This could just signal that a rate cut may not be too far away. Inflation hit a
We may be in for a bit of a Christmas cheer come December 3 when the The department of minerals and energy (DME) could cut the price of petrol by R1.65, provided the daily over-recovery remains at or above the
If you wanted an early Christmas present then you certainly have gotten one! The retail price of all grades of petrol will decrease by a staggering 161 cents a litre on Wednesday December 3, the department of minerals and energy