Archive for September 14th, 2009

Nothing too dramatic, but no reason to buy. I-Net bridge brings you the JSE closing indices, plus latest currencies, commodities, and the news from Europe and the US, read by Lindsay… »

Lehman Brothers folded a year ago, plunging the financial world into chaos. Through the eyes of an eclectic fund manager, the most enigmatic banking analyst in the UK, we cast a nostalgic eye over the last 12 months.
Hugh Hendry, Eclectica Asset… »

Citadel’s back with sound and essential wealth planning advice, every Monday. Part 1 of a step-by-step guide to a financial… »

Results were predictably softer than the previous comparable period. What of the future? A top local consultant assesses the numbers from a company that has paid R4 billion of fines for bad behaviour in the last year. Oil on troubled waters with… »

Kleinmond, Sep 14 (I-Net Bridge) The MTN-Bharti merger is now going to have to wait for regulatory approval in both South Africa and India.

According to Lesetje Kganyago, the director general of the National Treasury, the department is now applying its mind to the exchange control aspects of the deal, Speaking in the margins… »

Manufacturing business conditions take a turn for the better during the 3rd quarter

The BER’s latest Manufacturing Survey revealed a notable improvement in manufacturing business confidence; albeit that it remains at low levels. The business confidence index came in at 22 – up from 11 index points previously (long-term minimum level). “The survey shows a… »

Johannesburg, Sep 14 (I-Net Bridge) - Namibia Breweries, (NBS), which trades on the Namibian Stock Exchange, said in a trading statement on Monday that it expects its earnings and
headline earnings per share for the year ended June 30, to be 15% to 25% higher than the previous period.
The group expects to publish its results towards… »

Johannesburg, Sep 14 (I-Net Bridge) – Sasol (SOL), the world’s largest fuel from coal producer, on Monday reported a 33% fall in its annual headline earnings per share to 25.42 rand after the global economic downturn weakened the market for its products.
Diluted headline earnings a share of 25.25 rand were reported against last year’s
37.56 rand.
Operating… »

LONDON (Reuters) - Investors may take heart next week from policymaker pledges to keep easier monetary policy for the time being just as world stocks, testing the sustainability of the 2009 risk rally, face their first weekly loss since July.

The outcome of the meeting of G20 finance chiefs in London, a gathering of G10 central… »

SA Today: Key events to watch, Sep 14

— 2nd SA-EU summit in Kleinmond.
— Sasol release final results.
— Pinnacle Technology releases final results (approx date).
— Launch of mining resource development company Olivewood.
— Afgri releases annual report.
— Launch of Gold Survey 2009.

WHAT TO WATCH FOR:

ON THE HORIZON:

Sep 15: FirstRand releases annual results.
Sep 15:… »