Business

Mercedes-Benz C-class cars off to Japan
By Lew Elias EAST LONDON -- A historic consignment of the new Mercedes-Benz C-class vehicles is being loaded this week for export to Japan. The shipment from here marks the first venture by Mercedes-Benz into the highly competitive and lucrati...

AngloPlat: new name, new image
JOHANNESBURG -- The Anglo American Platinum Corporation launched a new corporate identity at its offices here yesterday. The abbreviation Amplats would fall away and the company is now called Anglo Platinum (AngloPlat), company spokesman Steve Ca...

EC woman clinches DCSA deal
By Eddie Botha Business Editor EAST LONDON -- It has been a good year for Yolisa Kashe-Mzamo, a Dimbaza business-woman who has taken the business world by storm. Not only has her company successfully tendered for a DaimlerChrysler contract ...

Concrete roof tiles 'safer than sheets'
EAST LONDON -- High winds, like typhoons, are rare in South Africa, but should they occur the danger posed by flying concrete roof tiles is extremely limited, according to the Concrete Manufacturers' Association (CMA). The CMA statement was promp...

Top award for First National Battery
EAST LONDON -- Locally based First National Battery (FNB), a subsidiary of JSE-listed Metair Investments, was recently awarded the prestigious Quetel quality endorsement by Telkom South Africa. Telkom rates suppliers in three categories -- hardwa...

JSE up on Richemont, De Beers and Anglos
JOHANNESBURG -- The JSE closed firmer yesterday on the back of luxury goods maker Richemont, mining heavyweight Anglos and diamond giant De Beers, which accounted for 56% of the day's trade. Value traded was good with over R2billion going through...

Call for strike at refineries 'ignored'
JOHANNESBURG -- Members of the National Union of Mineworkers (NUM) at the Anglo Platinum process division were ignoring a call by the union to embark on a secondary strike in support of industrial action at five mines in the North West and Norther...

US e-broker launched in SA
JOHANNESBURG -- US Internet broker, the E*TRADE group, yesterday announced the launch of E*TRADE South Africa. The new site, located at http://www. etrade.co.za, offers online trading of stocks and warrants listed on the JSE as well as comprehen...

Employers' response to job equity 'poor'
JOHANNESBURG -- The Department of Labour was disappointed with the results of the analysis of the first reports received from employers under the Employment Equity Act, Labour Minister Membathisi Mdladlana said at the launch of the Employment Equi...

GOLD
NEW YORK -- Selected gold prices (in US dollars per troy ounce) yesterday: Hong Kong: N/a.; London: 273.20; Paris: N/a; Frankfurt: N/a; Zurich: 272.85. -- Sapa-...

NEW HIGHS and LOWS
NEW HIGHS PRICEPREV DEBEERS 2170020500 SISA 200198 PIKWIK 485480 PALS 6562 SAMROC 1211 SPORT 678 DB RCH C1330325 SB DBR C2207174 IB DBR C1590520 REMGRO 44004300 IB SOL C1146142 NEW LOWS PRICEPREV EDCON 35003700 HICORL 1920 A...

INDICES
JOHANNESBURG -- Selected indices for JSE at close of trade: All share: . . . .8340.8 . . . . . . . . . . . . . . . . . up 66.6 Industrials: . . . .8957.6 . . . . . . . . . . . . . . . . . . .up 2.6 Financial: . . . . 9946.0...

JOHANNESBURG STOCK EXCHANGE at the close
SecurityRuling Day's price move MINING COAL CENTURY27 WANKIE60 DIAMONDS AFGEM200 DE-BEERS21580 +1520 GEM90 ICH3905 TRNSHEX660 GOLD ANGGOLD26600-200 AVGOLD250-5 AVGOLD-N13-4 DBN-DEEP720+6 DBNDP-BO75 E-R-P-M50SUS EERSLNG18 GFIELDS2300+10 HARMONY...

MAJOR MOVEMENTS
DAILY TOP 10 UP C-TECH 3523+ 191,7 ESSENT 94+ 80,0 DON 73+ 75,0 TER-FIN104+ 66,7 SAMROC 124+ 50,0 SG DBR C2268+ 44,4 MONEYWB6720+ 42,6 MICROLOGX72+ 40,0 SG DBR C5267+ 36,8 DB DBR C136999+ 36,7 WEEKLY TOP 10 UP SG DBR C22618+ 225,0 C-TE...

RATES OF EXCHANGE
JOHANNESBURG -- Yesterday's closing exchange rates, as supplied by Standard Bank: (R/, R/US$ and R/Irish punt, other rates per rand.) BRITISH STERLING10.7513 EURO CURR UNIT6.5246 IRISH POUND8.2836 UNITED STATES DOLLAR7.2920 ARAB EMIRATES DIR.4...

SHIPPING
EAST LONDON -- In port last night: Ham 309 at F, Win Lai far at G shed, Yi feng at g shed, range at L, Fuji 1 at S and Atlantic at anchor. Arrived yesterday: Range (1750) from Port Elizabeth. Sailed yesterday: Nil Due today: CSAV Santos (0600) ...

UNIT TRUSTS
JOHANNESBURG - Yesterday's quotations for Mutual Funds were: FUND NAMEBUYSELL ABSA Fund Managers: Aggressive FoF137,44131,31 Balanced113,62106,71 Fincl&Ind Index108,71102,10 Flexible114,20107,25 General213,44200,45 Growth FoF111,38106,40 Inco...