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The DA defuses Mathews

| ANC treasurer general Mathews Phosa's statement that government will bail out banks is "dangerous and inappropriate", the Democratic Alliance said on Wednesday.
» Wait for 2010: World Cup rate cut
» Burn the rich: SA slams 'ill-conceived decisions'
» Rand: Crisis wrecks our currency
  • TOP STORIES »

    Eskom to propose new law?

    | Eskom may propose legislation to force companies to save energy, a senior manager said.
  • JSE heads for 6% crash

    | SA stocks erased gains of the past two days, falling just over 6 percent late on Wednesday.
  • HIGHLIGHTS »

    Priceless humour

    | As the financial crisis spreads, a string of bad jokes has inevitably followed in its wake.
  • Be a made market man

    | The promo, one of the marketer's favoured tools, works very well in the online world.
  • Shell eyes Russian oil field

    Royal Dutch Shell is in talks to acquire at least 50 percent of Russian company Taas-Yuriakh.
    AFP

    Bailout plan another 9/11?

    This week will probably see the most important event in the lifetime of many of us.

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    » BUSINESS NEWS
    » WORLD NEWS

    US in recession

    The United States has slipped into recession as bank bailouts set back the economy.
    » RAND & JSE

    Rand weakens sharply

    The rand was sharply weaker against major currencies in late trade on Wednesday.

    JSE crashes nearly 7%

    AFP Stocks plummeted nearly seven percent on Wednesday following severe drops in overseas markets.
    » WORLD MARKETS

    Euro gains again

    AFP European stock markets closed with solid gains for a second straight day on Tuesday.

    Wall St euphoria fades

    Wall Street shares dipped on Tuesday as euphoria faded from a massive rally a day earlier.
    » PERSONAL FINANCE/PROPERTY

    World Cup rate cut

    The ANC's crisis-hit bailout assurance was a good move, says economist Chris Hart.

    Huge centre to be built

    The largest entertainment and shopping centre in Africa will soon be built on Durban's north coast.