Archive for February 8th, 2010

Graham Briggs, CEO of Harmony, talks to Lindsay Williams about the results released earlier today. The business of gold mining has always been precarious by nature, but with storm clouds gathering in South Africa the lot of a miner appears a discouraging… »

Kevin de Villiers of Investec Asset Management talks to Lindsay Williams about Harmony’s numbers and the state of the… »

Retirement. Yes, what to do when one hangs up one’s boots and throws in the towel. A distasteful subject for some, but incredibly important . South Africans, for various reasons, are not well prepared. John Kennedy of Citadel gives us some fascinating insight into the phenomenon that will at some point face us… »

Joe Mcgluwa, the Independent Democrat spokesman on sports, has called on world football body Fifa finally to tell South Africa where the remaining six of the 32 teams competing in the World Cup will be based.
The deadline for base camp announcements was nine days ago, on January 31, a deadline… »

The SACCI Business Confidence Index (BCI) for January declined by another 2.3 index points from 83.5 in December to 81.2 in January.
The BCI lost positive momentum over the festive season, but SACCI says the setback may be temporary given improved prospects for recovery.
… »

Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years.

The founder of the Virgin group, whose rail, airline and travel companies are sensitive to energy prices, will say that the ­coming crisis could be even more serious… »

Johannesburg, Feb 8 (I-Net Bridge)   Anglo Platinum (Angloplat, AMS), the world’s largest platinum producer, on Monday reported a 95% fall in diluted headline earnings per share to 297 cents for the year to end December 2009 from 5,586 cents in the year to end December 2008.
Headline earnings decreased by 95% to 710 million rand, or… »

Johannesburg, Feb 8 (I-Net Bridge) - The upward trend in nominal house price growth, evident since the middle of 2009, continued up to January 2010, based on Absa’s calculations, the latest Absa House Price Index shows.
In real terms, house prices continued to decline up to December last year, with the increase in CPI inflation to… »

It’s the politics, stupid. After years in which market forces dominated, in which economies were supposedly self-regulating and in which the nation state appeared increasingly to be impotent, markets are now struggling to cope with the return of what might loosely be called “political economy”. Since the beginning of the year, the economic news has,… »

Stock market experts are warning of another year of dividend famine as some of Britain’s biggest dividend mainstays struggle to maintain payments to shareholders.

Dividends from British-listed companies fell by £10 billion, or 15 per cent, last year to £56.9 billion and, while they may creep up this year, they will still fall well short of… »