Archive for May 3rd, 2010

London’s closed for the May bank holiday, and so the JSE was quiet. But where’s the risk as we look forward to the US employment data on Friday and as the Dow flirts with 11,000? We discuss the matter
Click here to… »

The Purchasing Manager’s Index is stalling, consolidating. We review the data with Andre Coetzee from the compiler of the PMI,… »

Europe: Opportunity to get in, or to run for the hills? Lindsay williams in conversation with Andrew Finlayson from… »

By Michael Hamlyn
Cape Town, May 3 (I-Net Bridge) – Spring rains, severe southeast winds and the unseasonal hail that preceded this year’s ripening season, as well as a 10-day summer heat wave made the 2010 harvest one of the most labour- intensive and logistically demanding vintages in recent memory, according to Erhard Wolf, Distell’s chief… »

Johannesburg, May 3 (I-Net Bridge)   The FNB House Price Index Inflation rate accelerated to 10.1% year-on-year in April, from a March revised figure of 8.1%.
FNB Home Loans property strategist John Loos said: “This is the first month of double-digit house price inflation since April 2008, exactly two years ago.”
The average house price in the index… »

Johannesburg, May 3 (I-Net Bridge) - The seasonally adjusted Kagiso PMI remained above the all-important 50 mark for the sixth month in a row during April, easing marginally to 55.2 from 55.6, according to Andre Coetzee, Head of Fixed Income at Kagiso Securities.
The current reading compares with a recent (February) peak of 60.4, a level… »

Gordhan to make announcement on SARB Johannesburg, May 3 (Sapa) - Finance Minister Pravin Gordhan is expected to
make an announcement later on Monday on a Cabinet decision regarding the SA Reserve Bank. In a joint advisory from
government communications and the finance ministry, the… »

All eyes on Greece (the bail out), the UK (the election), and the US (the jobs data).

Lindsay williams chats to Kevin de… »

Around 200 people are stood in front of a large blue and red ice cream van, parked in a synthetic green garden inside a large exhibition hall.

As they chomp on their trial-size pots of Dairy Queen, they stare upward, where a singer stands on the roof of the truck, crooning below a fake white cloud…. »

Some of the biggest companies listed in London face soaring tax demands after Australia said that it would press ahead with plans to further tap the profits of miners.

A new Resource Super Profits Tax — also known as the Henry Tax, after the Treasury Secretary Ken Henry — will force BHP Billiton, Rio Tinto, Xstrata… »