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FirstRand drags stocks down as rand recovers
2008-12-02 18:14:01
"We had the lacklustre report from FirstRand, mixed opinions on a rate cut and a slide in vehicle sales - it's not looking good," says one trader. [Full Story...]
No plan, no jobs, says Aquarius
2008-12-02 14:10:01
Aquarius Platinum says it will cut about 12 percent of its workforce if the company and unions cannot find an alternative plan. [Full Story...]
Global gloom weighs on JSE
2008-12-02 14:00:01
The JSE remained in the red in noon trade, as dealings followed weaker global markets on the back of a sharp fall on Wall Street overnight . [Full Story...]
Rates smash new car sales
2008-12-02 12:44:01
New vehicle sales plummeted in November, a clear sign that conditions in the South African economy have continued to deteriorate rapidly, economists say. [Full Story...]
MOVING VEHICLES: Avis Rosebank branch manager Sama Ter Bruggen. The group has launched a new sales channel in its vehicle retail unit tailored to the currently depressed vehicle market. Full story Photo: Leon Nicholas

   News
'Christmas every day' is a real beast of a policy
Top SA Challenge teams off to compete in Cyprus
Debt puts consumers in greater health risk
New vehicle sales reflect SA's tight purse strings

   Markets
Jobs will sink with exports, warn analysts
FirstRand drags stocks down as rand recovers
Global gloom weighs on JSE
Market tumble bites rand

   Company News
Output cuts in chrome sector save electricity
Nictus reports 64% surge in profit
No plan, no jobs, says Aquarius
Firm is on the acquisition trail

   International
'Bailout' crowned as the word of the year
Credit Suisse, HSBC to terminate hundreds of jobs
Crunch dims the festive season for hotels and airlines
Plunging Chinese property market set to knock the stuffing out of global growth

   Readers' Favourites
Insurers inflate car premiums – Ombud
Rates smash new car sales
Crisis knocks world's factories
US in recession

   Press Office
The Fractional Network launches with 7 property portals
Compare before you commit with getclosure! ratings
Zorgvliet Private Residence club launches
SA customer service gets a boost
Quantifying the Southern African fractional market
More...

 OPINION/ ANALYSIS
 Business Watch
Consol shatters the myth of private equity wolves
Hot on the heels of a R410 million investment in its Cape Town furnace to expand glass capacity by 25 percent, Consol is now spending another R86 million to add booze bottle capacity at the same plant.[Full Story...]

 
 Features
Biographer singed by coming too close to Murdoch
At the end of The Man Who Owns the News, Michael Wolff gets a glimpse of Rupert Murdoch the reporter.[Full Story...]

 
 Personal View
Bank bailouts are a small part of global big picture
The world is facing one of its worst financial and economic crises.[Full Story...]

 
More Opinion & Analysis stories
 NEWS BY SECTOR
 Economy
Major parties differ only in nuance on economics
Three major parties are likely to emerge dominant in next year’s national election, but they diverge on policy matters only to the extent of nuance and broadly agree to continue prudent macroeconomic policies.[Full Story...]

 
 Finance
Cold, wet summer fails to take the fizz out of Pepsi
Pepsi sales growth by volume in the year to September was “comfortably double digit” despite a cold and wet summer, the managing director of Pioneer Foods, Andre Hanekom, said yesterday.[Full Story...]

 
 Finance
Lower wheat prices drag profit down 7% at Pioneer Foods
Pioneer Foods expected the decline in wheat prices recorded in the last quarter of its financial year to contribute to lower food inflation in its basket of goods, the maker of Sasko bread said yesterday.[Full Story...]

 
 Finance
Actis fund to spend $1bn on buyouts in Africa
The lion’s share of the $2.9 billion (R29 billion) Actis Emerging Markets 3 fund will be invested in Africa.[Full Story...]

 
 Finance
Avis sets up centres to sell used fleet vehicles
Avis Fleet Services, part of the automotive division of Barloworld, has launched a new sales channel in its vehicle retail unit to offer consumers used vehicles coming off fleets under its management at an average of 25 percent below market value.[Full Story...]

 
More Sector Reports stories