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Happy Friday John
Fri, 19 May 2023
Week's top stories
Now labour department questions employment equity at Truworths, TFG and Barloworld
Now labour department questions employment equity at Truworths, TFG and Barloworld
Ntando Thukwana
Government has threatened to take legal action against the companies.
Discovery Life to petition SCA on R25m high court order
Discovery Life to petition SCA on R25m high court order
Roy Cokayne
Award including interest now amounts to more than R35m, plus more than R7 000 interest per day until the date of payment.
Greece turned its economy around – but it had one advantage SA lacks
Greece turned its economy around – but it had one advantage SA lacks
Khaya Sithole
The country endured years of pain and penance, adopting measures many would (and may) find too hard to swallow.
The price you pay for water has tripled in the past decade
The price you pay for water has tripled in the past decade
Moneyweb
But only half this increase has been due to the cost of bulk water …
SA banks caught in a bad place at a bad time
SA banks caught in a bad place at a bad time
Ntando Thukwana and Ryk van Niekerk
With the banking sector index falling more than 10% over the past year.
Price of fries set to rise – a lot
Price of fries set to rise – a lot
Amanda Visser
Duties of up to 239% on imported frozen potato chips recommended by Itac, approved by Patel, announced by Sars.
Our dearly beloved rand
Our dearly beloved rand
Francois Stofberg
Failing state finances mean we continuously allocate scarce resources ineffectively and inefficiently.
Sarb plans new forecasts after May interest-rate meeting
Sarb plans new forecasts after May interest-rate meeting
Prinesha Naidoo, Bloomberg
It’s also likely to reduce forecasting errors for core inflation, according to the bank.
Public sector wages cost R37.4bn more – Godongwana
Public sector wages cost R37.4bn more – Godongwana
Ntando Thukwana
Government to undergo 'staff rationalisation' to curb salary bill.
Fuel price structure review could provide some relief
Moneyweb@Midday
Fuel price structure review could provide some relief
Jeremy Maggs
A round-up of news updates, including why some unions want the SAA/ Takatso deal halted, what's behind a rise in the sale of fake luxury items and some good news for consumers as the fuel price is expected to decrease in June.
Simon’s weekly wrap: These small caps are benefiting from the weak rand
Podcast brought to you by STANLIB
Simon’s weekly wrap: These small caps are benefiting from the weak rand
Simon Brown
This week MoneywebNOW looked at why cash is still king, golden visas and more.
Week's top podcasts
RADIO »    PODCASTS »
Be prepared ... could the Sarb raise rates 0.75% next week?
Be prepared ... could the Sarb raise rates 0.75% next week?
MoneywebNOW - Brought to you by STANLIB
We are in a crisis moment – Justice Malala
We are in a crisis moment – Justice Malala
FixSA
Moneyweb@Midday Podcast: Gas-to-power ships deal 'stinks'
Moneyweb@Midday Podcast: Gas-to-power ships deal 'stinks'
Podcasts
Podcast: Mega malls up for sale in Rebosis business rescue
Podcast: Mega malls up for sale in Rebosis business rescue
The Property Pod
Crypto arbitrage bounces back to life
Crypto arbitrage bounces back to life
Moneyweb Crypto
How do international investors view SA?
How do international investors view SA?
SAFM Market Update
Why Vodacom and MTN aren’t a buy
Why Vodacom and MTN aren’t a buy
MoneywebNOW - Brought to you by STANLIB
Die Britte oorweeg dit om kriptoverhandeling as dobbel te verklaar
Die Britte oorweeg dit om kriptoverhandeling as dobbel te verklaar
RSG Geldsake
Carving a slice of the halaal township market
Carving a slice of the halaal township market
Small Business Conversations
Eskom burns more diesel to keep lights on
Eskom burns more diesel to keep lights on
Moneyweb@Midday
Moet ek teen alle koste geld buiteland toe neem?
Moet ek teen alle koste geld buiteland toe neem?
RSG Geldsake
From our Advisors
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Weekly Wrap-up
10 reasons to invest in South Africa
Chrisley Botha - PSG Wealth
Despite the uncertainties, opportunities await those who are willing to navigate the South African market with expertise and strategic insights.
Weekly Wrap-up
Don’t make investment decisions based on potential capital gains tax
Hennie Fourie - PSG Wealth Pretoria-East
Focusing too much on CGT can materially sabotage your investment plan.
Weekly Wrap-up
What to know when choosing your annuity
Craig Torr - Crue Invest (Pty) Ltd
The age and health status of the retiree are some of the factors to take into account when choosing between a life and living annuity.
Weekly Wrap-up
Mid-May market report
Mauro Forlin - Global & Local Asset Management
The Federal Reserve is expected to keep rates unchanged at the upcoming meeting following a decline in the inflation rate.
Ask an advisor
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Top voted comment
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casper1: “A country where appointments of senior people have to be threatened by legal action instead of merit !! Sad indictment of skills !!!”
309 votes On story: Now labour department questions employment equity at Truworths, TFG and Barloworld
Top viewed companies
JSE SEARCH »
1Sasol Ltd. »
2Transaction Capital Ltd. »
3Renergen Ltd. »
4Naspers Ltd. »
5Sibanye Stillwater Ltd. »
6Thungela Resources Ltd. »
7Telkom SA SOC Ltd. »
8MTN Group Ltd. »
9Capitec Bank Holdings Ltd. »
10Compagnie Financière Richemont SA »
Latest indicators
MORE »    ALL DATA TOOLS »
Current Value 7 Day 1 Month 3 Months 6 Months
JSE ALSI
78,029.57
19 May, 15:11
-0.14 %
-1.43 %
-2.02 %
7.01 %
Industrial 25
108,158.83
19 May, 15:11
3.06 %
1.96 %
2.83 %
22.83 %
Financial 15
14,852.88
19 May, 15:11
-2.92 %
-4.67 %
-9.22 %
-8.04 %
Resource 10
69,422.85
19 May, 15:11
-3.74 %
-4.87 %
-3.53 %
-1.98 %
Top 40
72,878.96
19 May, 15:11
0.22 %
-1.00 %
-0.98 %
9.49 %
Current Value 7 Day 1 Month 3 Months 6 Months
USDZAR
R 19.42
19 May, 15:23
2.52 %
5.73 %
7.16 %
11.97 %
GBPZAR
R 24.15
19 May, 15:23
0.68 %
6.06 %
10.45 %
16.67 %
EURZAR
R 20.97
19 May, 15:23
0.62 %
4.65 %
7.95 %
16.88 %
AUDZAR
R 12.93
19 May, 15:23
0.19 %
4.85 %
3.07 %
11.12 %
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