Rand firmer
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The rand was firmer against the dollar in late trade on Monday as risk appetite improved on the back of a globally co-ordinated plan to pull Europe and the rest of the globe out of the credit mire.
TOP STORIES »
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Global credit spreads are showing the first very tentative signs of easing, a happy sign.
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Power utility Eskom said it planned to double its spending to R343-billion to expand its capacity.
Back in business
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Global credit spreads are showing the first very tentative signs of easing, a happy sign.
Eskom's R343bn expansion
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Power utility Eskom said it planned to double its spending to R343-billion to expand its capacity.
HIGHLIGHTS »
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The rand's stability in the face of global turbulence remains key to the first cut in rates.
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SA banks are equipped to face the financial upheaval, but forex restrictions may
impact.
Rand, rates, revolution
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The rand's stability in the face of global turbulence remains key to the first cut in rates.
You can bank on SA
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SA banks are equipped to face the financial upheaval, but forex restrictions may
impact.
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3 books from R10 eachToday, 13 October 2008
Yesterday, 12 October 2008
Shell eyes Russian oil field
Royal Dutch Shell is in talks to acquire at least 50 percent of Russian company Taas-Yuriakh.
Bailout plan another 9/11?
This week will probably see the most important event in the lifetime of many of us.» RAND & JSE
Rand edges up
The rand was marginally firmer in noon trade as some risk appetite returned to markets.
JSE closes up
The JSE closed in positive territory on Monday while remaining in the green for the whole day.
Rand gains on G7
News of a global G7 plan, saw the rand gain over ten cents in early trade on Monday.
JSE stays up
The JSE remained in positive territory by noon, still taking its direction from overseas markets.
» WORLD MARKETS
Huge losses in Europe
Euro markets suffered huge losses on Friday, with prices in London shedding nine percent.
Wall St whimpers
Wall St's worst meltdown in recent memory ended the week with a vicious selloff whimper.
» BUSINESS NEWS
SA: Emerging powerhouse
Emerging powerhouses India, Brazil and SA have set their trade target at $15bn by 2010.
» WORLD NEWS
From finance to fish
Iceland's banks lie, but down in Reykjavik port fishermen say it is their time to shine.
» PERSONAL FINANCE/PROPERTY
The rates race debate
The weaker rand combined with above-target inflation suggests a rate cut is unlikely.
Estate for the masses
Golf estates are only for the very wealthy, right? Wrong!
