Archive for February 17th, 2010

I-Net Bridge’s Wednesday markets, read by Lindsay… »

The new minister delivers a prudent, conservative, meticulous, considered
budget that the markets have welcomed with reserved optimism. A top analyst
has the… »

The detail defies the headline. A great set of numbers (we think), described
by the ebullient and ever excellent CFO Srinivisan… »

As always, a fascinating chat on the local property market with Chris
Drummond of Benguela cove Investments (Pty)… »

Honourable Speaker

It is my privilege to present the first budget of the administration of President Zuma to this House.

Last week we had the special honour of hosting former President Mandela in Parliament. He exuded his inimitable magic. He reminded us of what we have achieved in our… »

The JSE rallied on Wednesday with resource stocks receiving a boost from higher commodity prices as positive momentum returned to global markets as fears over Greece subsided.
At noon the JSE all share index was 1.21% firmer, with resources up 1.97%, gold mining shares adding 1.34% and platinum miners advancing 2.93%…. »

The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world have passed their peak production, a leading energy economist has warned.

Higher oil prices brought on by a rapid increase in demand and a stagnation, or even decline, in supply… »

The bizarre way of the world means that over the next few months the ZAR is probably going to be more influenced by Greek budget conditions than those of South Africa. Indeed, with the EU setting 16 March as the deadline for further fiscal consolidation, the Greek problems are very much ongoing, Still, the market… »

AngloGold FY adj headline loss 58c vs 2,269c
- AngloGold DecQ adj HEPS 466c vs h’line loss of 1,319c
- AngloGold DecQ production 0.4% lower at 1.182Moz
- AngloGold DecQ SA production falls 7% to 448,000oz
- AngloGold sees 2010 output at 4.5- 4.7Moz
- AngloGold declares a final dividend of 70c/share
Johannesburg, Feb 17 (I-Net Bridge)   AngloGold Ashanti (ANG) on… »

Crack open the champagne. Inflation is back up to 3.5 per cent. The reason an economist might consider this a cause for celebration is that by common agreement inflation is a lesser evil than deflation, and a year ago, it was the latter which was considered the bigger… »