Fin24 AM Update

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AM Update		Good Morning Monday, 16 September 2013
This Morning's Headlines Low cost airlines circling SA Comair's domination of the low cost flight market is likely to change before the end of the year, as there are 4 airlines chomping at the bit to take a slice of the high margins currently being earned on domestic South African flights. Economy Greed hampers easy economic gains for SA Greed, self-interest and lack of political will are costing South Africa easy gains when it comes to boosting the economy and creating jobs, say industry players. Economy Who paid Zuma's lawyer in R10bn grants tender? Corruption Watch is reportedly demanding answers about the role of President Jacob Zuma's lawyer Michael Hulley in a R10bn tender to distribute social grants. Industrial Court gives Eskom power to act on Medupi The Supreme Court of Appeal has gives power utility Eskom greater muscle to act against defaulting contractors after endless delays at the Medupi plant. Latest News Lufthansa boss plans to quit - report Fed may taper without causing market tantrum EU spending cuts to hit Portugal's poor London Fashion Week opens doors for consumers Most Read Who paid Zuma's lawyer in R10bn grants tender? Comair in court bid to keep Safair grounded New regional airport for ECape Sanral boss gets R1m salary bump - report Call for all-out battle of ideas on AA Hot Topics Labour unrest Petrol Tax Gold Rand		New on Fin24 The truck stops here It's the higher ups who really deserve harsh jail terms, says Mandi Smallhorne. Outwit the competition? Failure to do the hard work leaves a good idea just an idea, says Ian Mann.
Markets Data »   View full markets data SA Indices Level % Change Top 40 39 071.51 -0.35% All Share 43 602.64 -0.34% View more SA Indices World Markets Level % Change DOW IND 15 376.06 0.00% FTSE 100 6 583.80 0.00% View more World Markets Commodities Price % Change GOLD $1 330.15 +1.35% OIL $ 110.64 -1.03% PLATINUM $1 458.00 +1.21% View more Commodities Currencies Price % Change ZAR/EUR R 13.19 -0.48% ZAR/GBP R 15.74 -0.02% ZAR/USD R 9.87 -0.96% View more Currencies SA Equities Top 100 Selected from the SA Equities Top 100 by market cap. Winners Price % Change NPK Nampak Limited R30.97 2.89 LHC Life Healthcare Grou... R37.68 2.53 TSH Tsogo Sun Holdings L... R25.85 2.17 APN Aspen Pharmacare Hol... R269.00 1.89 SAB Sabmiller Plc R494.98 1.24 Losers Price % Change HAR Harmony Gold Mining ... R36.55 -6.50 SGL Sibanye Gold Limited R11.00 -4.10 ARI African Rainbow Mine... R198.67 -3.56 LON Lonmin Plc R51.81 -3.36 AGL Anglo American Plc R246.68 -2.81 View more SA Equities Top 100 Data provided by McGregor BFA. Company News Low cost airlines circling SA Comair in court bid to keep Safair grounded Lufthansa boss plans to quit - report Court gives Eskom power to act on Medupi Some facts about Twitter View more news Hear it First Keep tabs on SA's listed companies - follow @Fin24Stocks.
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