Archive for July 3rd, 2009

Johannesburg, July 3 (I-Net Bridge) – The JSE and futures market ended flat after a lacklustre session on Friday, taking their cue from European markets with US markets closed for a public holiday. The rand was marginally weaker, while bonds posted small… »

Jeff Gable of Absa Capital looks beyond the headline numbers and finds green sprouts.
Yes, not… »

Our resident expert, the veteran Liston Meintjes, reviews another thought provoking 5 days of… »

The JSE was flat in midday trade on Friday, but remained jittery having no real indicators to follow amid a holiday in the US, according to a local equities trader…. »

July 3 (Bloomberg) — Developing countries’ share of worldwide equity value climbed to a record as the fastest- growing economies lured stock investors amid the first global recession since World War II.

The 22 nations classified as “emerging” by index provider MSCI Inc. comprise 24 percent of world market capitalization, up from 18 percent at… »

ANGLO American’s entire board of directors and its CEO Cynthia Carroll should be swept aside and replaced with Mick Davis’s management team at Xstrata to restore value to Anglo shareholders, former Anglo American deputy chairman Graham Boustred said yesterday.

He is the most prominent former Anglo executive so far to openly support a merger with… »

Alistair Darling attacks City’s ‘bonuses are back’ culture

‘There are people who are too complacent in my view. They need to be brought back to earth,” the chancellor said

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Schalk Burger, the South Africa flanker, has broken his silence following his eight-week ban for gouging British and Irish Lions wing Luke Fitzgerald, denying any intent or that he was a “rugby thug”.

By Gavin Mairs in Johannesburg
Published: 4:48PM BST 02 Jul 2009
Lions 2009: Schalk Burger refuses to apologise to Luke Fitzgerald or Lions for… »

A senior, long-standing broker, believed to be Steve Perkins, left this week, amid fears that the “unauthorised trading” could have caused an eight-month high in Brent crude oil future prices.

The company, which employs 80 staff at its West End offices, is now investigating past trading…. »

Zambia Copper Investments (ZCI), whose primary asset was until last year a 28.4% holding in the Konkola Copper Mine, on Friday warned that its earnings per share and headline earnings per share for the year to end March 2009 would be between 90% and 101% lower than that reported on in the prior comparative period…. »