Mining companies report increase in impairment loss: Jacques Erasmus, KPMG
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SAfm — The 25 largest mining companies recorded a $70bn loss on impairments in 2013/14.Links: Listen & Download,
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[FULL SHOW] Standard Bank’s results, new SAT board, and Spaza Shop Fund
This evening, we wrap up the day’s market action with Terence Hove, unpack Standard Bank Group’s strong half-year results, explore SA’s new digital travel system and the new SAT board with the Department of Tourism, discuss progress on the Spaza Shop Fund with the Department of Small Business Development, examine…
Market Watcher: Market sentiment shaped by mixed signals
Chantal Marx of FNB Wealth and Investments discusses conflicting reports on the peace deal, energy prices and Strait of Hormuz traffic, as well as AI bubble risks and high capex. She also unpacks the JSE’s performance and Truworths’ stronger-than-expected trading statement.
Standard Bank rides R26bn earnings momentum
With laser focus on growing revenues and earnings, and being ‘paranoid’ about what its competitors are doing. Group CEO Sim Tshabalala elaborates.
New board and ETA system to reset local tourism
Patricia de Lille – Minister of Tourism
Spaza shop funding falls short of target
Qinisile Delwa – Deputy-director general: Enterprise development, Department of Small Business Development