There’s light at the end of the tunnel. The UK, traditionally our biggest source of tourism, has finally removed our country from the travel red list, opening the doors from Monday for fully vaccinated travellers to freely move between the two countries right as our holiday season is about to kick off. We were also added to the list of locations with approved Covid-19 vaccine programmes, which …
The JSE jumped 1.83% on a run in tech heavyweights Naspers and Prosus and as PGM counters pushed forward amid a 4% surge in palladium. Northam Platinum led the charge with a 10.85% gain, followed by Implats (+8.97%), Royal Bafokeng (+8.65%) and Angloplat (+7.2%). Kumba Iron Ore, which appointed its first female CEO this week, gained 6.27%, while steelmaker Arcelor Mittal soared 6.47%. Tracking a rally in Chinese tech stocks listed in the US amid a rebound in …
Market wrap: Naspers/Prosus duo, PGMs pull JSE 1.83% higher Read More »
Human rights activist, anti-apartheid icon, justice seeker, peace maker, spreader of joy and love, Nobel Peace Prize award-winner, renowned cleric… an all-round living legend! Archbishop Emeritus Desmond Tutu has given us many unforgettable moments in his 90 years on Earth and we wish him many more as he starts a new decade. Among the stream of well wishes pouring in for the “skyscraper of moral conscience” is a heart-warming tribute from Piyushi Kotecha, chief executive officer of the Desmond and …
While you were asleep: Cheers to The Arch, Bitcoin’s bull run and a steady rand Read More »
On Monday Facebook and the two other apps it owns, Whatsapp and Instagram went down for 6 hours prompting many users to freak out while other brands had a field day on another social media platform, Twitter. The outage was caused by a faulty configuration change and resulted in founder and chief executive, Mark Zuckerberg …
Opinions of the Day: It’s time to delete Facebook Read More »
In a new report, it’s been revealed that Eskom has not taken action to reduce its emissions. While power stations in other countries have seen fit to take action to reduce sulphur dioxide, which contributes to high levels of air pollution and is the main health affecting pollutant from burning coal. The data analysis released …
While you were asleep: More sulphur dioxide in our air than you might think Read More »
The JSE continued to defy negative news out of China, gaining 0.64% to 64,542.87 points with Exxaro and Thungela Resources leading the charge. The coal producing miners jumped 10.73% and 4.11% respectively after PwC predicted a bright future for local coal miners to “make good money” for 10 years and Citi maintained its buy recommendations for both the Anglo American spinoff and Exxaro owing to an improvement in the seaborne coal trade, reports Miningmx. Hotel stocks continued …
Market wrap: JSE extends run as coal counters ignite run gains Read More »
When Facebook, Instagram, WhatsApp and Messenger cease to work in the biggest outage in history, what do social media addicts do? And how does Facebook communicate with its almost 2.9 billion users? They flee to Twitter. With just three words, the @twitter account amassed more than 1.65 million likes, over 335,000 retweets and nearly 120,000 quote tweets within hours after the Facebook services went down, reports Business Insider. It took …
The JSE started the week on the front foot as optimism across the board lifted hotel stocks, with significant gains in some energy, mining and technology counters supporting the 0.74% gain in the All Share index to 64,129.00 points. Hotel and gaming stocks City Lodge raced 13.37%, Sun International 8.27%, HCI 7.43% and Tsogo Sun Hotels 6.88% as Covid-19 travel restrictions eased in key markets and South Africa looks set for removal off the UK red list. Karoooo, owner …
Market wrap: Hotel stocks boost JSE, while rand slips to over R15/$ Read More »
The last time we’ll see British actor Daniel Craig portray James Bond is in the recently released No Time to Die, which is Craig’s fifth time on the silver screen as secret agent 007 or Bond, James Bond. But what about a real-life spy saga that centres around the British American Tobacco company and allegations …
From cars to mining to land grabs and his fierce rise to riches in South Africa and other African countries, Billy Rautenbach is no stranger to controversy. The latest reveal from a massive offshore data leak provides the most detailed account yet of his family empire and how he and other billionaires and world leaders, including Russian President Vladimir Putin, former UK Prime Minister Tony Blair, Kenyan President Uhuru Kenyatta and King Abdullah II of Jordan, stashed …
While you were asleep: Opening a Pandora’s box of financial secrets Read More »
