Business

New fuel system saves taxpayers R2m
JOHANNESBURG -- A new electronic fuel and oil purchasing system being installed by the National Department of Transport on its vehicle fleet has -- in just one province and over a period of only two months -- saved taxpayers almost R2 million by c...

More shareholders sue DaimlerChrysler
NEW YORK -- Several other former Chrysler shareholders have sued US-German automaker Daimler Chrysler, maintaining that Daimler-Benz' 1998 takeover of the US manufacturer was based on fraudulent representation. Their complaints mirror those of ty...

Market recovers on late short-covering
JOHANNESBURG -- The JSE Securities Exchange ended flat after being in negative territory for most of yesterday, with a flurry of short-covering in the last 15minutes of trade sparking a reversal. Dealers said the rise in the S&P futures marke...

GOLD
NEW YORK -- Selected gold prices (in United S tates dollars per troy ounce) yesterday: Hong Kong: 269.95; London: 268.60; Paris: 268.77; Frankfurt: N/a; Zurich: 268.75. -- Sap...

INDICES
JOHANNESBURG -- Selected indices for Johannesburg Stock Exchange at close of trade: All share: . . . . 8052.7 . . . . . . . . . . . . . . . . .up 8.2 Industrials: . . . . 7938.6 . . . . . . . . . . . . . . . . . dn 4.5 Financial: . . . . 9745.5 ....

MAJOR MOVEMENTS
DAILY TOP 10 UP KAIROS 21+ 100,0 DB RBH C1 31+ 50,0 SG SAB C5 31+ 50,0 MOULDMED72+ 40,0 WINHOLD205+ 33,3 MATHOMO123+ 33,3 MICROLO41+ 33,3 QUYN 337+ 26,9 NEXVEST102+ 25,0 INMINS 5010+ 25,0 WEEKLY TOP 10 UP CLYDE 6030+ 100,0 CHESTER4822...

NEW HIGHS and LOWS
NEW HIGHS PRICEPREV MEDCLIN 515510 IGAMING 970945 NEW LOWS PRICEPREV OMNIA 505510 ANBEECO 510 DORBYL 22502275 RELYANT 250265 MIDAS 400410 PEPKOR 400410 SOFTLINE 137141 NASPERS-N35903900 DATATEC 35103520 MIHH 21202325 BJM 2...

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.) US DOLLARS7.8800 BRITISH STERLING11.2305 AUSTRIAN SCHILLINGS2.0161 AUSTRALIAN DOLLARS0.2393 BELGIUM FRANCS5.9104...

SHIPPING
EAST LONDON -- In port last night: Cormorant in drydock, Peng Shin at F, Nedlloyd Kowie at K middle. Arrived yesterday: Nedlloyd Kowie (0745) from Port Elizabeth to K middle, Nea Doxa (1800) from France to T. Sailed yesterday:Nil. Due today: Ual ...

UNIT TRUSTS
JOHANNESBURG - Yesterday's quotations for Mutual Funds were: FUND NAMEBUYSELL ABSA Fund Managers: Aggressive FoF131,98126,09 Balanced A112,73105,87 Balanced R112,99106,11 Fincl&Ind Index100,4394,32 Flexible110,15103,45 General A203,42191,04...