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Treasury seeks alternatives to higher tax to fund wages  
2010-09-09 04:00:01

Personal and corporate tax would not be raised to cover the higher-than-expected wage increase for public servants, the National Treasury said yesterday, but some economists have not ruled it out entirely. [Full Story...3 Comments
Numsa to march to highlight 15 percent wage demand  
2010-09-09 08:58:01
National Union of Metalworkers of SA members will march in Port Elizabeth on Thursday to highlight their demands for a 15 percent wage increase within the service, tyre, dealership and components sectors. [Full Story...0 Comments
Slowdown hammers building jobs  
2010-09-09 04:00:01
Tens of thousands of jobs are being lost in the construction sector because of the completion of large projects and a slowdown in the awarding of big contracts to the major construction companies. [Full Story...0 Comments
Sanlam first half flat as markets weigh  
2010-09-09 08:59:01
Sanlam has reported flat first-half earnings, as volatile markets offset strength in its underwriting business, and stuck to a cautious outlook. [Full Story...0 Comments


COSATU WARNS OF PREDATORY ELITE: Cosatu has come out with all guns firing warning of deep dangers of “a predatory elite” and accusing it of zigzagging on economic policies. Read more
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 OPINION/ ANALYSIS
 Business Watch
Sidelining of Patel confuses policy, Cosatu fumes  Comment
Perhaps trade union federation Cosatu was persuaded by its own propaganda that the ascent of Jacob Zuma to the leadership of the ANC at Polokwane nearly three years ago would bring a lurch to the left. Analysts commented at the time that there was no evidence that Zuma supported a socialist agenda.[Full Story...0 Comments

 
 Features
Flawed law limits mines' access to credit  Comment
Mining sector financiers are concerned over the lack of clarity in the Mineral and Petroleum Resources Development Act regarding security over mining rights.[Full Story...0 Comments

 
 Features
There are gaps in JSE study on ownership  Comment
The JSE recently measured the share of the top 100 companies held directly and beneficially by black shareholders. The directly held share is reported as 8 percent and beneficial ownership as 18 percent of the available pool. This pool equates to 44 percent of the total market capitalisation of the JSE, calculated as R5.7 trillion.[Full Story...0 Comments

 
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 NEWS BY SECTOR
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Extract finds uranium at Zone 5, Rossing South  Comment
Australian uranium explorer Extract Resources said high grade uranium assay results have been returned from newly discovered Zone 5 at Rossing South, one of the world's largest uranium deposits.[Full Story...0 Comments

 
 Markets
Gold edges up, market still eyes record high  Comment
Gold edged up as investors remained bullish about bullion's price prospects on the back of persistent worries about the health of the economy and banking sector, particularly in Europe.[Full Story...0 Comments

 
 News
Numsa to march to highlight 15 percent wage demand  Comment
National Union of Metalworkers of SA members will march in Port Elizabeth on Thursday to highlight their demands for a 15 percent wage increase within the service, tyre, dealership and components sectors.[Full Story...0 Comments

 
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ENRC hits back at First Quantum on possible lawsuit  Comment
Kazakh mining group ENRC rejected accusations by rival miner First Quantum Minerals about ENRC's purchase of a disputed copper project in Congo and said it would vigorously defend any legal action.[Full Story...0 Comments

 
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Sanlam first half flat as markets weigh  Comment
Sanlam has reported flat first-half earnings, as volatile markets offset strength in its underwriting business, and stuck to a cautious outlook.[Full Story...0 Comments

 
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