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New Era
Damning findings on GIPF
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Knowledge empowers | 29 July 2010 | Daily business news from AfricaOnline
Biz briefs Fin 24 snapshot
LOCAL: There was blatant disregard for basic corporate procedures and provisions of the Company Act during the issuance of loans worth N$659 million by the Government Institutions Pension Fund (GIPF) to some 21 companies, an official investigation into the saga has revealed. New Era...
Commodities Today Wednesday
Gold (USD) 1165.72 1163.56
Platinum (USD) 1547.00 1541.50
Brent Crude 76.32 * 76.32
JSE Today Wednesday
All shares 28495.18 28550.26
Resource 20 48714.96 48856.45
Exchange rates Today Wednesday
ZAR/USD 7.30 7.37
ZAR/EUR 9.55 9.59
ZAR/GBP
11.42 11.48
* Rates stated at same level as previous day. Source: Fin24 markets
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COMMODITIES: Gold has rebounded as the dollar weakened against other currencies but gains are limited after holdings in the world's largest gold-backed ETF slumped. Fin24...
CURRENCY: The dollar has lost ground after a warning from the US Federal Reserve that the world's top economy is slowing in some areas, adding to the view that recovery is stalling. Fin24...
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