Fin24 AM Update

AM Update		Good Morning Monday, 01 July 2013
This Morning's Headlines Lowest rises in salaries in a long time South African employees are in the longest period of decline of real salaries since 2005 according to the latest BankservAfrica Disposable Salary Index Savings Clothes more important than work ethic Members of the Millennial Generation is often tempted to maximise their disposable income on items such as clothes and phones, instead of "non-immediate" items. ICT Beware of real Telkom line rental cost Don't let Telkom pull the wool over consumers' eyes about the real cost of the increase of its line rentals, ICT expert Arthur Goldstuck has warned. Savings Widening gap between income and needs A study has found there is a growing gulf between what people expect their living standards to be and their ability to achieve it. Latest News Obama to unveil African power initiative Kazakhstan trade trip test for Cameron Union gives Glencore ultimatum to rehire Gold prices show biggest drop in years Most Read Beware of real Telkom line rental cost Western Cape continues to attract FDI Clothes more important than work ethic Widening gap between income and needs DirectTV jumps on home security bandwagon Hot Topics Shuttleworth Rand Lonmin Mining unrest SIM swap fraud		New on Fin24 July is Savings Month It's never too late to start saving. Visit our special Savings Issue and add your voice. The cancer of corruption Graft will flourish while leaders show taxpayers the finger, says Mzwandile Jacks.
Markets Data »   View full markets data SA Indices Level % Change Top 40 34 822.27 +0.48% All Share 39 295.80 +0.54% View more SA Indices World Markets Level % Change DOW IND 14 909.60 0.00% FTSE 100 6 215.47 0.00% View more World Markets Commodities Price % Change GOLD $1 245.00 +1.62% OIL $ 102.07 +0.08% PLATINUM $1 343.00 +0.45% View more Commodities Currencies Price % Change ZAR/EUR R 12.87 -0.94% ZAR/GBP R 15.04 -1.08% ZAR/USD R 9.88 -0.88% View more Currencies SA Equities Top 100 Selected from the SA Equities Top 100 by market cap. Winners Price % Change GFI Gold Fields Limited R51.50 8.17 HAR Harmony Gold Mining ... R36.09 7.83 APN Aspen Pharmacare Hol... R224.55 6.86 KAP Kap Industrial Holdi... R3.30 6.45 NPK Nampak Limited R32.50 4.50 Losers Price % Change PSG Psg Group Limited R69.43 -2.21 LON Lonmin Plc R38.60 -1.93 SAB Sabmiller Plc R480.00 -1.82 INP Investec Plc R62.74 -1.68 BTI British American Tob... R514.03 -1.68 View more SA Equities Top 100 Data provided by McGregor BFA. Company News Obama to unveil African power initiative Union gives Glencore ultimatum to rehire Beware of real Telkom line rental cost DirectTV jumps on home security bandwagon De Beers turns to mechanisation View more news Hear it First Keep tabs on SA's listed companies - follow @Fin24Stocks.
Money » More in this section Property Bone up on sectional title insurance An industry expert debunks some myths about what is and isn't covered by a body corporate's insurance policy. Tax How a provident fund is taxed A Fin24 user wonders whether he will be taxed on his provident fund, even though he has paid tax on his salary during his working life. Money Tools Personal Budget Planner Bond Calculator Income Tax Calculator Vehicle Finance Calculator Retirement Planning Calculator Currency Converter Connect with Fin24 On the Web Keep up-to-date with the latest financial news by joining our online community. @Fin24 on Twitter Fin24 on Facebook Subscribe to our RSS feeds Fin24 on Google + On your Mobile View the latest business and markets data on the go. Visit our mobile site at m.fin24.com iPhone Blackberry Nokia Feature Phone		Fin24 Dashboard Practice and play the local stock market. The cash is fake, the lessons are real. It's fun, safe and free. START testing your investment strategy today! Sign in to access m