FIN 24 – News

FIN 24 – News

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FIN 24, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24.com | SA Express 'terribly distressed', court hears

The High Court in Johannesburg has reserved judgment in an application brought by a private logistics company for SA Express to be placed in business rescue over unpaid debt.

Fin24.com | You can keep flying SAA thanks to R3.5bn in funding - business rescue practitioners

The Development Bank of Southern Africa commits R3.5bn to SAA, business rescue practitioners have confirmed.

Fin24.com | OPINION: Dear Adrian Gore, optimisim is not enough

Hoping that 'our biological clock will kick in' and 'the market will drive change' is unrealistic when faced with the reality of incremental change, says Tracey Davies.

Fin24.com | JSE slips to erase initial gains

The JSE failed to hold on to earlier gains as it slipped in the Tuesday afternoon session to end the day weaker.

Fin24.com | Lewis share price rallies nearly 8% on trading update

Furniture group Lewis reported sales growth of 6.9% for the third quarter of the year, mainly bolstered by Black Friday held in November.

Fin24.com | Unplanned Eskom breakdowns are still high - so where's all the load shedding?

While Eskom was forced to implement power cuts earlier this month, for the better part of two weeks it has managed to avoid load shedding despite unplanned breakdowns being well above its goal. How did they do it?

Fin24.com | High Court dismisses former SAA chair Dudu Myeni's latest appeal bid

The start of a court case to have Myeni declared a delinquent director has been hobbled by a series of delays.

Fin24.com | SAA may receive emergency funding from state bank

South African Airways could receive some of the funding needed to avert its collapse from the Development Bank of Southern Africa, a state-owned financier, two people familiar with the situation said.

Fin24.com | Anglo American expects earnings to more than double

Platinum miner Anglo American expects headline earnings to be between R17.5bn and R19.1bn for the 12 months ended December 31, 2019.

Fin24.com | Mobile operator Cell C defaults on interest payments for R2.7bn loan

Cell C has defaulted on the payment of interest for a R2.7bn loan, due in December 2019, as well as interest and capital repayments due in January 2020.

Fin24.com | AA projects fall in fuel prices for February as global oil price declines

According to its projections, 95 Octane petrol will drop by around 13 cents a litre in February.

Fin24.com | Eskom brings back former manager from Philippines to head Kusile construction

Eskom has brought back into the fold a former senior project manager at the company, who left to work at the Redondo Peninsula Energy company in the Philippines in 2017, to manage the Kusile construction project.

Fin24.com | EXPLAINER: How the National Health Insurance will change how healthcare is bought, sold and managed

Health economist Diane McIntyre explains how the NHI may change how healthcare is funded and delivered in South Africa.

Fin24.com | Private schools group investigating CEO over governance 'concerns'

Owner of PLG Schools says it has placed CEO on temporary leave pending an investigation into various concerns

Fin24.com | Eskom CEO says entry of IPPs onto grid to cost R18 billion

Andre de Ruyter says said that while he favours letting companies generate their own power, there will be significant initial costs.

Fin24.com | New plants, shafts yield promising gold volumes for Pan African Resources

The company said it is on track to deliver 185 000 ounces of gold for full-year 2020 as Elikhulu treatment plant almost doubles its production.

Fin24.com | Tongaat Hulett says goodbye to more directors

The directors of JSE-listed sugar producer Tongaat Hulett have announced some more changes to the board.

Fin24.com | Fastjet still to get lifeline beyond March 2020

Low-cost airline, Fastjet says it is yet to get funding meant to keep it afloat beyond March this year.

Fin24.com | WATCH: World's largest 3D-printed building constructed in Dubai

Apis Cor, an American construction firm that specialises in 3D printing, completed the world's largest 3D-printed building in Dubai at the end of October.The building stands at 9.5 metres.

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