Updated: 8am GMT -- 2006/05/04

Business

Property in Eastern Cape still safe bet, experts say
“Mild interest-rate environment and good economic growth still support the market” By PHUMZA MACANDA Business Correspondent INVESTING in property is still a good idea, especially commercial property, as the outlook for its performance remains bull...

Total fishing catches at a historical low
CLIMATE change and improvements in the technological efficiency of South Africa’s fishing fleets have led to catches hitting a historical low over the past year, says the Environmental Affairs Department. Reduced catches had resulted in fewer jobs...

Black financial advisers in line to receive start-up boost
By THOMAS McLACHLAN Business Correspondent BLACK advisers and brokers have been targeted to receive millions of rands from Old Mutual to assist them in buying the basic assets needed to set up their own brokerage businesses. “We are targeting blac...

Security strike: Mdladlana calls off public hearings
LABOUR Minister Membathisi Mdladlana has called off public hearings on wages and employment conditions in the security industry. Mdladlana had the final say on what the wage increase for security guards would be, once he had been advised by the emp...

10-year madcow ban on export of British beef ends
Farmers breathe sigh of relief A DECADE-OLD ban on British beef triggered by the madcow crisis in the mid-1990s was officially lifted yesterday, allowing cattle farmers to resume exports. Britain will now be able to export live cattle born after ...

Vehicle sales figures strong
CAR makers are expecting vehicle sales to continue to surge in May and ensuing months, culminating in another record year. This follows strong new vehicle sales for April, which came in at 45635 units, a 12,7% improvement compared with the number o...

In Brief.......
Reserve Bank warns benign environment may not continue ALTHOUGH households are able to service outstanding debt quite comfortably, borrowers need to be aware that the benign environment may not continue indefinitely, the South African Reserve Bank...

NEW HIGHS
PRICE PREV GFIELDS15751 15650 NORTHAM3482 3250 ANGLO27300 27049 KR 410000400000 INVLTD35600 35000 LONMIN31465 31318 SAB 13090 13080 BASREAD820 810 A E C I 6366 5998 SASOL27680 26900 ELERINE9399 9300 NAMPAK1882 1855 CROOKES3050 3000 SHPRT 3R...

Profit-taking cuts into record high
AFTER earlier trading at a fresh all-time high, the JSE shifted into reverse gear in the afternoon as players turned to profit-taking and commodities came off their earlier highs. Having earlier hitting a new record high of 21636,25, the all-sh...

Key Numbers
Rand/dollar.............R6,0270 Gold....................$662,45/oz Oil...................$73,89/barrel Eastern Cape    South Africa    Foreign    Business    Stock...

DAILY TOP 10 UP
NB MTN CG 32+2000 SB MTN CB 147+1000 SB ANG PS 52+667 IB MTN CD 4819+655 NB MTN NBH 4616+533 AWETHU 31+500 IB MTN CE 3310+435 NB TOP PR 103+429 SB MTN CC 4714+424 NB ANG CG 72+400 DAILY TOP 10 DOWN NB TKG CG 13-750 NB SAB CG 11-500 SB MTN PW 33-50...

Rates
JOHANNESBURG — Yesterday's closing exchange rates, as suplied by Standard Bank:(R/£, R/Euro. and R/US), other rates per rand BRITISH STERLING GBP11.3974 EURO EUR7.8384 UNITED STATES DOL USD6.1520 ARAB EMIRATES DIR AED.5737 AUSTRALIAN DOLLAR AUD...

SHIPS
In port last night: GC55 at steelpile, Vuna Shamrock at G Arrived yesterday: Freedom Ace (06:00) from Durban to N, Trinidad (06:20) from Port Elizabeth to R ext Sailed yesterday: Freedom Ace (10:53 ) to Durban, Trinidad (13:10) to Durban, Sezela ...