Santander sees excellent profits in Brazil but poor performance at home, Shell doubles its profits, Siemens returns to profit after two years and Sanofi Aventis has record numbers in the second quarter.
Business Watch Sidelining of Patel confuses policy, Cosatu fumes 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...]
Features There are gaps in JSE study on ownership 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...]
