Wednesday, 10th March 2010

Rand Watch

Latest Market Indicators

Gold$1,127
Platinum$1,606
JSE All Share27,898
JSE Gold Mining2,206
JSE Top 4025,033
JSE Industrials25,826
JSE Mid Cap36,519
JSE Finance20,461
JSE Mining32,906
JSE Small Cap28,436
JSE Oil & Gas21,915

Latest Currency Exchange Rates

UK Pound£1=R11.07
US Dollar$1=R7.40
Euro€1=R10.05
Australian Dollar$1=R6.77
Canadian Dollar$1=R7.20
New Zealand Dollar$1=R5.22

Financial News headlines from South Africa

Labour broking bill delayed
Labour Minister Membathisi Mdladlana said a draft bill on labour broking would be delayed.

Business confidence jumps
Business confidence rose sharply in the first quarter of 2010, according to a survey.

Patel's ideas 'refreshing'
Economic minister Ebrahim Patel's pension funds idea was "refreshing," Numsa said.

Belarus issues tax amnesty
Belarussian President Alexander Lukashenko approved a five-year tax amnesty.

Boeing mulls 777 decision
Boeing said it will decide whether to ramp up production on its 777 planes next month.

Feud over health goal
The White House and one of its top allies feuded over the health care reform bill.

US millionaires up 16\%
The number of millionaires in the United States jumped by 16 percent last year.

Daewoo eyes profit
GM Daewoo said it intends to return to profit this year with "double-digit" growth in sales.