News Updates


SA stocks jump on global rally, Taste on the rise

October 21, 2014

Investors piled into South African stocks on Tuesday as Taste Holdings rose after buying a watch-maker and as indices tracked global markets which were lifted by prospects of ECB bond purchases.

Rand races to firmest in a month vs dollar

October 21, 2014

South Africa’s rand clawed to its firmest level in 25 days against the dollar on Tuesday as investors took some comfort from China’s GDP data, focusing on growth being slightly stronger than forecast.

Oscar will embrace his sentence

October 21, 2014

Paralympian Oscar Pistorius will embrace the five-year prison sentence handed down by the High Court in Pretoria, his uncle Arnold said on Tuesday.

Oscar Pistorius may only serve 10 months in jail

October 21, 2014

Convicted paralympic athlete Oscar Pistorius may end up spending only 10 months in prison for the culpable homicide of his girlfriend Reeva Steenkamp, a justice department spokesman said on Tuesday.

Judge Masipa: Suspended sentence not appropriate

October 21, 2014

A suspended sentence imposed on Oscar Pistorius for shooting dead girlfriend Reeva Steenkamp would not be appropriate, Judge Thokozile Masipa said on Tuesday in the High Court in Pretoria.

ANCWL: State must appeal Oscar case

October 21, 2014

The ANC Women’s League will make submissions to the State on why it thinks the Oscar Pistorius case should be appealed, it said on Tuesday.

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