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Theres a reason why Discovery is the third best performer on the life assurance sector this year Full year profits jumped by a third and the firm says its well set up for further growth We speak to CEO Adrian Gore
Tags // Adrian  Gore  CEO  Discovery  Holdings 
Channels // Summit TV 
Added: 2546 days ago by bdfm
Runtime: 8m52s | Views: 1316 | Comments: 0
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AGANG SA leader Mamphela Ramphele on Saturday urged South Africans to vote for the future and not the past declaring that after almost 20 years the countrys leaders had failed to deliver on the promise of freedom for which so many had fought and died While the partys policy positions have not yet been finalised its immediate priorities included tackling corruption education unemployment education healthcare and dealing with crime Saturdays launch at the Tshwane Events Centre attracted about 2000 people mostly young and including many who will vote for the first time in 2014 It was a party atmosphere with balloons and jumping castles Most volunteers present were from Gauteng the Eastern Cape and Limpopo provinces on which much of the focus of Dr Rampheles consultation process ahead of the launch has centred
Tags // AGANG  SA  Mamphela  Ramphele 
Added: 1521 days ago by bdfm
Runtime: 4m51s | Views: 477 | Comments: 0
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Agang SA launch party to be powerful campaign machine to fight 2014 elections AGANG SA leader Mamphela Ramphele on Saturday urged South Africans to vote for the future and not the past declaring that after almost 20 years the countrys leaders had failed to deliver on the promise of freedom for which so many had fought and died While the partys policy positions have not yet been finalised its immediate priorities included tackling corruption education unemployment education healthcare and dealing with crime Saturdays launch at the Tshwane Events Centre attracted about 2000 people mostly young and including many who will vote for the first time in 2014 It was a party atmosphere with balloons and jumping castles Most volunteers present were from Gauteng the Eastern Cape and Limpopo provinces on which much of the focus of Dr Rampheles consultation process ahead of the launch has centred
Tags // Agang  SA  Mamphela  Ramphele 
Added: 1521 days ago by bdfm
Runtime: 4m51s | Views: 1486 | Comments: 0
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Where will you be shopping this Christmas - Summit TV speaks to Albert Bredenhann from Jump co za about online shopping
Tags // Albert  Bredenhann    Jump  Shopping    Jane  van  Renen 
Channels // Summit TV 
Added: 3544 days ago by bdfm
Runtime: 4m47s | Views: 4036 | Comments: 0
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Afrimat was one of the better performers on the JSE today its shares jumping almost 7 on first half numbers We speak to CEO Andries van Heerden on the results
Tags // Andries  van  Heerden  CEO  Afrimat 
Channels // Summit TV 
Added: 2479 days ago by bdfm
Runtime: 7m16s | Views: 776 | Comments: 0
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Bay pensioner Bill Williams 85 bungy-jumps off the Bloukrans Bridge
Tags // bungy  jump 
Channels // The Herald 
Added: 2923 days ago by williamsa
Runtime: 2m53s | Views: 24695 | Comments: 0
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The Herald Holiday Hotline team Lizeka Tandwa and Ryan Morris had leapt into the deep blue with nothing but a large piece of elastic holding them up at the Bloukrans bungy jump
Tags // Bungy  bloukrans 
Channels // The Herald 
Added: 2813 days ago by williamsa
Runtime: 3m35s | Views: 1446 | Comments: 0
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Latest unemployment stats are a big blow to Jacob Zumas jobs campaign Unemployment climbed to 25 in the first quarter from 24 in the fourth The number of unemployed grew by 227 000 And a further 73 000 simply gave up looking for work Ditching the hedge book has paid off and how for Anglogold Ashanti The gold miners expecting March quarter profits to more than triple to 241 million And productions on target too And Mr Price has sewn up yet another dazzling performance The lowcost highfashion chain is set to produce a big jump in fullyear earnings So should you be buying this share
Tags // BUSINESS  NEWS    3  May  2011 
Channels // Summit TV 
Added: 2303 days ago by bdfm
Runtime: 4m29s | Views: 598 | Comments: 0
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Nedbank has posted a 2 63 jump in first half diluted HEPS to 600c The group declared an interim dividend of 265c a share Global banking giant HSBC is to cut its headcount by 10 or 30 000 jobs by 2013 in a bid to control costs SAs manufacturing sector has hit the skids as Kagisos PMI dropped to 44 2 points in July its lowest level in two years
Tags // Business  News  01  August  2011 
Channels // Summit TV 
Added: 2213 days ago by bdfm
Runtime: 5m2s | Views: 524 | Comments: 0
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Petrol prices will rise by 81c and diesel by 58c next week as the rand dollar exchange rate hammers motorists Glencores tie up with Xstrata has been delayed for a third time as the commodities trader blames a regulatory process slow down Old Mutuals shares jump 3 3 on the insurers full year earnings and dividend that beat market expectations
Tags // Business  News  01  March  2013 
Channels // Summit TV 
Added: 1635 days ago by bdfm
Runtime: 3m14s | Views: 488 | Comments: 0
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Absa posted a jump in 1H diluted HEPS to 638 5c from 535 9c for the year earlier It declared an interim dividend of 292c Merafe Resources reported a 52 8 drop in its 1H diluted HEPS to 3 4c Its blaming a strong rand and rising costs Naamsa says new vehicle sales grew 10 5 yy in July to 41 345 units That compares to a 12 6 yy jump the month before
Tags // Business  News  02  August    2011 
Channels // Summit TV 
Added: 2212 days ago by bdfm
Runtime: 4m43s | Views: 505 | Comments: 0
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Liberty Holdings says basic HEPS totaled 4402c in the six months to endJune Thats compared with 3719c previously AngloGold Ashantis posted a jump in profits for the June quarter It says adjusted HEPS jumped 68 to R608 Randgold Resources has more than trebled profits For the quarter to June they rose to 1284m from 394m the year earlier
Tags // Business  News  04  August  2011 
Channels // Summit TV 
Added: 2210 days ago by bdfm
Runtime: 4m35s | Views: 520 | Comments: 0
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Harmonys shares jump 54 after 2nd Q earnings exceed expectations and reports it could reopen its strikehit Kusasalethu mine Shares in SAs top construction firms fall on a report that the Hawks are investigating alleged pricefixing in contracts worth up to R30bn NAAMSA says vehicle sales in January grew 141 year on year reflecting mainly seasonal factors
Tags // Business  News  04  February  2013 
Channels // Summit TV 
Added: 1660 days ago by bdfm
Runtime: 2m53s | Views: 412 | Comments: 0
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The Bank of England and the European Central Bank have both left rates unchanged and the BoE says a recent spike in bond yields is not warranted by recent developments in the UK economy Egyption stocks jumped 6 this morning following the ousting of President Mohamed Mursi while Brent crude has dropped back to below 105 a barrel Meanwhile the AU may suspend Egypt from all activities according to sources quoted by Reuters The FNBBER construction confidence index shows growth in construction activity picked up in the second quarter of this year although the rise wasnt enough to offset the effect of a deterioration in profitability
Tags // Business  News  04  July  2013 
Channels // Summit TV 
Added: 1510 days ago by bdfm
Runtime: 3m56s | Views: 455 | Comments: 0
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Global miner Anglo American has agreed to buy the Oppenheimer familys 40 interest in De Beers for a cool 5 1 billion The deal ends more than 80 years association between the Oppenheimers and the iconic diamond miner. US Non farm payrolls rose 80 000 in October Thats below forecast and compares to a jump of 103 000 the month before Industrial group Barloworld is expecting HEPS from continuing operations to be 115 to 125 higher than the 211 5c reported in financial year 2010
Tags // Business  News  04  November  2011 
Channels // Summit TV 
Added: 2118 days ago by bdfm
Runtime: 2m14s | Views: 596 | Comments: 0
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Steinhoff has hinted at further acquisitions after a busy year involving deals with JD Group Kap International and European furniture firm Conforama The furniture and logistics chain posted a 48 jump in operating profit and a 32 rise in headline earnings per share for the year ended June Rising food prices are proving a major headache for Pioneer Foods The consumer goods group says while prices climbed 135 for the eleven months to the end of August volumes have shrunk by up to 4 thanks to pressure on consumer pockets New vehicle sales grew 94 percent year on year in August thanks to higher demand from rental companies But export sales were flat and NAAMSA has warned that next years growth could be more subdued
Tags // Business  News  04  September  2012 
Channels // Summit TV 
Added: 1813 days ago by bdfm
Runtime: 2m36s | Views: 643 | Comments: 0
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The JSE remained deep in the red in midday trade losing 25 Pundits are citing nervousness and uncertainty over global growth prospects Old Mutual plc posted a 12 jump in H1 adjusted operating EPS to 93 pence and declared an interim dividend of 15 pence Standard Bank says its agreed to the terms of the disposal of majority stakes in its Argentinian businesses to ICBC
Tags // Business  News  05  August  2011 
Channels // Summit TV 
Added: 2209 days ago by bdfm
Runtime: 3m44s | Views: 604 | Comments: 0
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MTN shares drop 15 after reporting full year earnings that fell short of expectations and says its to invest R28 billion in capital expenditure HSBC reports emerging market growth in February was the worst in seven months caused by a slowdown in manufacturing and services MMI Holdings reports a jump in first half earnings crediting stock market gains and reduced costs
Tags // Business  News  06  March  2013 
Channels // Summit TV 
Added: 1630 days ago by bdfm
Runtime: 3m41s | Views: 421 | Comments: 0
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ArcelorMittal earnings have jumped 35 percent in the third quarter to R199m a major turnaround from last year s R168 million headline loss The euro has bombed against the dollar as the European Central Bank cut its marginal lending rate to 0point75percent from 1point00 percent a new record low The SARB says South Africas gross gold and foreign exchange reserves dipped below 50bn dollars in October
Tags // Business  News  07  Nov 
Channels // Summit TV 
Added: 1384 days ago by bdfm
Runtime: 3m14s | Views: 377 | Comments: 0
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Stats SA reports mining production fell 62 yearonyear in June after a revised 11 dip in May SACCIs business confidence index reflected a mild improvement in July increasing 05 index points to 907 from 902 in June but still way below the peak of 1221 in 2006 Mondi has posted a 48 jump in firsthalf profit helped by the benefits of its recent acquisitions and strong demand for packaging paper
Tags // Business  News  08  August  2013 
Channels // Summit TV 
Added: 1475 days ago by bdfm
Runtime: 4m39s | Views: 367 | Comments: 0
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Can 2011 get any worse for Wendy Machanik Of course it can Her reputation has already taken a beating over allegations that shes treated her clients money as a personal slush fund Now the regulator wants to shut down her business too The motor industry has put in another good month New car sales jumped nearly 40 yearonyear in December And total industry revenues for last year jumped 20 to R120billion But theres been little Christmas cheer for the jobless The Adcorp Employment Index slipped yet again last month and manufacturing was the chief casualty
Tags // Business  News  10  January  2011 
Channels // Summit TV 
Added: 2416 days ago by bdfm
Runtime: 4m33s | Views: 708 | Comments: 0
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Julius Malemaleader of the ANC Youth League has been suspended from the party after its national disciplinary committee found him guilty of misconduct and sowing division Shares in Anglo American shot up more than 4 today on news that it sold 24 5 of its South American copper assets to Mitsubishi for 5 4bn Gold Fields is crediting a surge in the gold price for a jump in profits HEPS came in at 284c for the quarter to September That compares to 176c the previous quarter
Tags // Business  News  10  November  2011 
Channels // Summit TV 
Added: 2112 days ago by bdfm
Runtime: 2m43s | Views: 576 | Comments: 0
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The odds have lengthened on another rate cut next week Factory output jumped 46 yearonyear in November Thats double the October figure and well above forecast Whitey Basson has revealed a big jump in sales at Shoprite They topped R36billion in the six months ended December But the pace has slowed on the first quarter and its Africa operations are struggling And if British MPs were hoping Bob Diamond would crack under their questioning today they were disappointed The Barclays chief says banks should stop apologising for their mistakes and he refused to rule out taking a bonus this year
Tags // Business  News  11  January  2011 
Channels // Summit TV 
Added: 2415 days ago by bdfm
Runtime: 3m46s | Views: 685 | Comments: 0
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Its back to the drawing board for Standard Banks overseas expansion plans The banks reluctantly agreed to sell its 36 4 stake in Russian brokerage Troika Dialog for 372 million Standards made a cool profit on the sale but what next for its international ambitions Trade activity as measured by SACCI has rebounded strongly The business bodys latest Trade Activity Index jumped to 56 in February after a post Christmas slump And employment conditions moved back into positive territory for the first time since April 2010 Japans sputtering economy was dealt a fresh blow today after this mornings devastating earthquake At least 44 people were killed homes and businesses destroyed and millions without power The Bank of Japans pledged its utmost to ensure financial stability But KPMG says the disaster could have significant knock on effects
Tags // Business  News  11  March  2011 
Channels // Summit TV 
Added: 2356 days ago by bdfm
Runtime: 6m4s | Views: 812 | Comments: 0
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South Africas factories are still battling to gain momentum following the recession Manufacturing output slowed to 46 in March from 57 in February Anglogold Ashantis finally cashing in on higher gold prices March cash flows jumped to 513 million after the miner closed out its hedge book And Anglogolds forecast improved costs and production in the second half of the year too And ArcelorMittal South Africa has moved back into the black after a fourthquarter loss of almost R500 million Year on year though earnings are 75 down But the steelmakers predicting a significant improvement in second quarter profits on higher sales volumes and prices
Tags // BUSINESS  NEWS  11  MAY  2011 
Channels // Summit TV 
Added: 2295 days ago by bdfm
Runtime: 5m16s | Views: 558 | Comments: 0
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Royal Bafokeng Holdings has announced it will be increasing its stake in RMB Holdings and RMI Holdings from 5 to 15 in a deal worth some R45bn Telkom says its entered into an MOU relating to a potential strategic venture with SouthKorean based KT Corporation The deal could see KT acquiring a 20 stake in Telkom Dimension Data is crediting a strong improvement in sales for a double digit jump in profits for the year to September 2011 Revenues rose 148 to 579bn while operating profit increased by 108
Tags // Business  News  12  December  2011 
Channels // Summit TV 
Added: 2080 days ago by bdfm
Runtime: 2m20s | Views: 906 | Comments: 0
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AngloGold Ashanti has no plans to unbundle its SA operations as it reports a near six fold jump in first quarter earnings Bidvest has offered to buy 176 percent of Mvelaserve shares it doesnt already own in a deal worth over R212 million Adcorp says jobs growth continues to trend downwards with employment contracting by 02 in April
Tags // Business  News  13  May  2013 
Channels // Summit TV 
Added: 1562 days ago by bdfm
Runtime: 3m27s | Views: 307 | Comments: 0
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Transnet is looking to revamp the site of a maritime container port at the old Durban airport Its to pump R50bn into the first phase of the project The Rand firmed against the dollar in late trade Pundits are citing a series of positive data from China The local unit was last at R672 to the dollar Glencore posted a 45 jump in operating profit Its crediting a strong performance from its oil and grain divisions
Tags // Business  News  14  June  2011 
Channels // Summit TV 
Added: 2261 days ago by bdfm
Runtime: 3m12s | Views: 885 | Comments: 0
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SACCI says trade conditions are showing signs of recovery Its trade activity index came in at 50 points in May from 47 the month before Retail sales surged 98 in April from 53 the month before Pundits are crediting a series of public holidays for the rise And despite a fall in profits mining group Sentula posted a jump in HEPS of 161c
Tags // Business  News  15  June  2011 
Channels // Summit TV 
Added: 2260 days ago by bdfm
Runtime: 2m14s | Views: 524 | Comments: 0
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Electricity regulator Nersa has ordered its chief executive to stay home on full pay Its investigating Smunda Mokoena for alleged gross transgressions of its code of conduct Theres better news for investors in retail stocks More high income earners think now is the time to go shopping Thats according to the latest FNBBER survey of consumer confidence And likeforlike sales growth at Foschini has jumped sharply since the end of September The clothing chain has hiked its firsthalf dividend and says its cautiously upbeat for the full year
Tags // Business  News  16  Nov  2010 
Channels // Summit TV 
Added: 2471 days ago by bdfm
Runtime: 3m11s | Views: 716 | Comments: 0
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World stocks have retreated and the dollar is marking time as nervy investors hope that US politicians will come to a last minute deal to prevent a debt default Shoprite uses an exclusivity clause in a shopping mall lease agreement in the Cape to file High court papers against Massmart Stats SA reports retail sales grew by 3 year on year in August 2013 with textiles clothing foot wear and leather goods jumping almost 8
Tags // Business  News  16  October  2013 
Channels // Summit TV 
Added: 1406 days ago by bdfm
Runtime: 2m35s | Views: 375 | Comments: 0
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Stats SA says Retail sales for the month of June jumped 22 yy Thats compared to a revised 02 yy jump the month before MTN reported diluted HEPS of 4621c for the six months to June from 4259c previously It declared an interim dividend of 273c SABMiller has taken its 10bln hostile bid for Australiafocused Fosters directly to shareholders after the board rejected it in June
Tags // Business  News  17  August  2011 
Channels // Summit TV 
Added: 2197 days ago by bdfm
Runtime: 4m49s | Views: 515 | Comments: 0
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Telkom makes it 5th time lucky as it appoints SA MD Pinky Moholi to the corner office But can this onetime engineer produce a turnaround at the struggling Telecoms group Bad debts are proving a headache for Investecs Stephen Koseff The bank says the slower recoverys delayed improvements to the level of non-performing loans But it is forecasting a slight lift in full year profit And a welcome rise in building plan approvals should hearten the construction sector The value of building plans passed by larger municipalities jumped 36 in January thanks to a surge in commercial activity
Tags // Business  News  17  March  2011 
Channels // Summit TV 
Added: 2350 days ago by bdfm
Runtime: 5m22s | Views: 670 | Comments: 0
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Exxaro reported a 53 jump in interim HEPS to R1045 a share thats compared to R683 the year earlier period Northam Platinum reported a 497 fall in its full year headline earnings to 895c from 1778c previously Grindrod reported a 42 decline in diluted HEPS to 555c for the six months to June Thats compared to 949c a year ago
Tags // Business  News  18  August  2011 
Channels // Summit TV 
Added: 2196 days ago by bdfm
Runtime: 4m2s | Views: 636 | Comments: 0
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Jacob Zuma has swept to victory at the ANCs elective conference while businessman and former union leader Cyril Ramaphosa has returned to frontline politics after being named ANC Deputy President Shares in Jubilee Platinum jumped almost 5 today after announcing plans to merge with Platinum Australia in the hope of creating a top5 global player The Bank of Japan is expected to launch a tsunami of monetary easing from tomorrow in an attempt to beat deflation
Tags // Business  News  18  December  2012 
Channels // Summit TV 
Added: 1708 days ago by bdfm
Runtime: 2m53s | Views: 548 | Comments: 0
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Statistics SA says South Africas annual consumer inflation picked up to 58 in January higher than consensus estimates and Decembers rise of 54 Adcock Ingrams top two shareholders have forced its chairman to resign after a longrunning battle for control of the company AngloGold Ashanti has posted its first fullyear output increase in 9 years and says a fourth quarter jump in profit is a sign of better results to come in 2014
Tags // Business  News  19  Feb  2014 
Channels // Summit TV 
Added: 1280 days ago by bdfm
Runtime: 2m56s | Views: 246 | Comments: 0
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So much for being the pick of the banking stocks Standard Bank has warned fullyear headline earnings could drop 12 And says the pressure on its revenues has intensified So where should bank investors be putting their money now All eyes are on JeanClaude Trichet this afternoon and not in a good way The markets hoping the ECB president can come up with some plan to combat the eurozone debt crisis But just what more can Europes central bank do And theres been another big jump in new vehicle sales They soared nearly 30 last month But the new emissions tax looks to have put the brakes on the cars sector
Tags // Business  News  2  Dec  2010 
Channels // Summit TV 
Added: 2455 days ago by bdfm
Runtime: 3m58s | Views: 753 | Comments: 0
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Mines Minister Susan Shabangus sounded a warning to SAs biggest coal exporters She says the state will step in to ensure coal supplies for power generation if needs be And shes keen to see the government hold its own coal assets under the planned stateowned mining company Growth in new vehicle sales slowed sharply from December to January Naamsas latest figures show an 185 rise compared to Decembers 296 gain But demand for commercial vehicles jumped suggesting the economic recovery is picking up pace And local investors continue to snub equities to the chagrin of the countrys saving association Instead they poured a record R36 billion into lowyielding fixed interest products over the December quarter
Tags // Business  News  2  Feb  2011 
Channels // Summit TV 
Added: 2393 days ago by bdfm
Runtime: 4m51s | Views: 659 | Comments: 0
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Private equity group Brait has unveiled a big shake up Its raising R6 billion from the stock market and buying into Pepkor and Premier and says this is just the start of its new investment drive Christo Wiese looks to be among the big winners Hes taking a seat on the Brait board and likely a 33 stake But what are the benefits for other investors And its been another good month for the motor industry Sales of Porsches alone jumped by more than 40
Tags // Business  News  2  March  2011 
Channels // Summit TV 
Added: 2365 days ago by bdfm
Runtime: 4m53s | Views: 505 | Comments: 0
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Nick Badminton is busy preparing for WalMarts entry The Pick N Pay chief is speeding up cost cutting and stepping up expansion in Africa Competition is going to be tough he says WalMart is a big big gorilla But it is not unbeatable Mick Davis is betting big on stainless steel The Xstrata chief is to spend R49billion beefing up his ferrochrome business in South Africa Hes planning his own power station too And investors are buying into BHP Billiton The miners upbeat on prospects and its running at capacity The shares have jumped more than a fifth since June Is it time to take your profits
Tags // Business  News  20  Oct  2010 
Channels // Summit TV 
Added: 2498 days ago by bdfm
Runtime: 3m7s | Views: 871 | Comments: 0
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