More municipalities could see pushback after Cape Town residents’ petition | R100bn Transformation Fund hopes to spend R20bn a year
| | | | | | | Today on MoneywebNOW | | Chantal Marx from FNB Wealth and Investments unpacks Gold Fields’s big acquisition — but should we be worried about the lack of greenfields? Peter Armitage, CEO of Anchor, weighs in on Warren Buffett’s surprise retirement and the timeless lessons we can take from his legendary legacy. Livestream at 6:30am » | | |
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| | Top stories | | | | | | R100bn Transformation Fund hopes to spend R20bn a year | | Ciaran Ryan | | But not everyone thinks it is a good idea – it’s far larger but also more complex than other institutions with similar aims of boosting black participation in the economy through financial and non-financial support. |
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| | | | | | | | | | | | | | Current Value | Move % | | USDZAR | 18.27 06 May, 5:34 | 0.04 % | | EURZAR | 20.66 06 May, 5:34 | 0.01 % | | GBPZAR | 24.29 06 May, 5:34 | 0.07 % | | BTCUSD | 94,402.60 06 May, 5:34 | -0.29 % |
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| Current Value | Move % | | JSE ALSI | 92,063 06 May 00:00 | -0.29% | | S&P500 | 5,650.38 05 May, 0:00 | 0.83% | | Dow Jones | 41,218.83 05 May, 0:00 | 1.14% | | BRENT | 61.17 06 May, 5:21 | 1.53% |
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| Winners: 32/100 | Current Value | Move % | 7 Day Move | 30 Day Move | | ASSURA » | 13.85 05 May, 17:00 | 13.99 % | 13.52% | 20.23% | | POWER » | 98.59 05 May, 12:56 | 6.33 % | 9.65% | 28.12% | | GFIELDS » | 418.05 05 May, 17:09 | 5.98 % | 1.34% | 7.87% |
| Losers: 66/100 | Current Value | Move % | 7 Day Move | 30 Day Move | | TRUWTHS » | 72.80 05 May, 17:04 | -4.21 % | 2.96 % | 13.64 % | | ASPEN » | 119.26 05 May, 17:08 | -4.19 % | 6.48 % | -20.63 % | | WEBUYCARS » | 42.88 05 May, 17:00 | -3.79 % | 0.00 % | 0.00 % | | The winners and losers are ranked by the market performance of the latest trading day of the top 100 JSE-listed companies by market capitalisation. |
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| | | | | | | | Gold miners outperform the metal | | Maboko Seabi - BROKSTOCK | | Rising geopolitical tensions, particularly the erratic tariff dispute between the US and China, have investors, once again, turning to safe-haven assets to protect capital. |
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