May 26, 2017

FIN 24 – News



FIN 24 – News

– News – Personal finance management tools and advice to help you manage your budget.

FIN 24, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

News

Uber has been quietly testing a new pricing system that charges customers what it thinks they are willing to pay, Bloomberg’s Eric Newcomer reports.
Posted: May 26, 2017, 2:16 pm
Finance Minister Malusi Gigaba has been placed at the centre of efforts by President Jacob Zuma and his allies to raid state assets and reap billions from government contracts, in a study by leading academics.
Posted: May 26, 2017, 1:39 pm
The South African Reserve Bank fined banks a total of R46.5m in 2016 due to weaknesses in their control measures.
Posted: May 26, 2017, 12:48 pm
The South African Reserve Bank investigated 27 money scams in 2016 and resolved 63 probes from previous years, according to the Bank Supervision Department's Annual Report.
Posted: May 26, 2017, 12:45 pm
Share prices on the JSE have continued to move sideways and major indices will close the week almost unchanged, as the firm rand hurts demand for rand hedge shares.
Posted: May 26, 2017, 12:45 pm
Minister of Communications Ayanda Dlodlo says her department will expedite South Africa’s digital migration process so that it can take place before December 2018.
Posted: May 26, 2017, 12:05 pm
Finance Minister Malusi Gigaba has told Parliament that he has not signed a nuclear deal with Russia.
Posted: May 26, 2017, 11:39 am
GM's pull-out from SA highlights the dilemma faced by more and more global firms: that of remaining profitable in a world of surplus capacity and production, says Terry Bell.
Posted: May 26, 2017, 10:09 am
Eskom, which has about R350bn of debt financing and net debt of around R320bn, is expected to borrow about R50bn gross per year going forward, says an analyst.
Posted: May 26, 2017, 10:08 am
LG sales and marketing executive executive Youngjun Han says the company believes all innovation starts with research and the needs of customers.
Posted: May 26, 2017, 8:36 am
The holding of the repo rate at 7% by SARB brings relief to the real estate industry and allows potential buyers and current bond holders to plan with more certainty, says an insider.
Posted: May 26, 2017, 7:38 am
MultiChoice says the Competition Commission’s price fixing fine against DStv Media Sales concerned a “long-standing practice” that no longer occurs.
Posted: May 26, 2017, 6:46 am
OPEC may be celebrating an historic deal to extend supply cuts, but after the party, the organisation will face a trio of questions it left unanswered.
Posted: May 26, 2017, 5:32 am
Economic Development Minister Ebrahim Patel announced that government will look to create opportunities for workers to participate as shareholders in companies.
Posted: May 26, 2017, 4:00 am
Independent, non-executive chair of Trillian Capital Partners, Tokyo Sexwale, says there is more to the inquiry into the financial services provider than meets the eye.
Posted: May 26, 2017, 3:00 am
If you are one of a small subset of high-potential leaders, you need to take charge of your personal growth and develop five critical skills, says Ian Mann.
Posted: May 26, 2017, 3:00 am
Mark Zuckerberg, one of Harvard University’s most famous dropouts, is returning to campus to deliver a commencement address and finally get a degree.
Posted: May 25, 2017, 7:17 pm
SA’s Competition Act will undergo radical changes so that competition authorities can act against companies who perpetuate skewed ownership structures.
Posted: May 25, 2017, 7:12 pm
Eskom says it feels vindicated after a court has dismissed applications by AfriForum and other businesses over the power utility’s scheduled electricity interruption.
Posted: May 25, 2017, 6:29 pm
SARB governor Lesetja Kganyago says economic growth projections have been revised down due to political tensions which have sparked growth risks.
Posted: May 25, 2017, 5:51 pm

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