• Wednesday, May 22 2013
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Labour

Oliphant to engage union leaders on collective bargaining issues

Labour Minister Mildred Oliphant. Picture: SOWETAN
2 hour(s) ago

Labour Minister Mildred Oliphant to host indaba on the future of collective bargaining in effort to achieve ‘labour market stability and peace’

National

Radebe insists Zuma, Cabinet ‘knew nothing’ of illegal Waterkloof landing

Justice and Constitutional Development Minister Jeff Radebe addresses the National Assembly on 'Guptagate' on Wednesday. Picture: TREVOR SAMSON
46 minute(s) ago

Justice and Constitutional Development Minister Jeff Radebe says only ‘rogue officials’ were responsible for breach of national security

Economy

Higher-than-expected consumer inflation dashes rate cut hope

Picture: THINKSTOCK
5 hour(s) ago

Marginally higher-than-expected consumer price index for April of 5.9% coupled with the weaker rand bodes ill for an interest rate cut

Mining

Amplats, parties agree on measures, plans to preserve jobs

Striking platinum miners march near Anglo American Platinum’s mine near Rustenburg in the North West on Friday. Picture: REUTERS
6 hour(s) ago

Amplats agreement reached on measures to preserve jobs raises hope for easing of tensions

Europe

EU leaders look to end Apple-style tax avoidance schemes

LINE OF FIRE: Apple CEO Tim Cook testifies on Tuesday in Washington DC at a Senate subcommittee hearing on offshore profit shifting and the US tax code. Picture: REUTERS
1 hour(s) ago

Concern about aggressive tax avoidance by high-profile companies threatens to steal agenda of European Union summit in Brussels

African News

Mugabe signs Zimbabwe constitution into law

Zimbabwean President Robert Mugabe. Picture: REUTERS
4 hour(s) ago

New constitution clips powers of president and imposes a two-term limit. However, it does not apply retroactively so Mugabe could extend his term by another decade

National

DA wants curb to Zuma’s powers over prosecutors and investigators

Debbie Schafer, DA deputy justice spokeswoman
3 hour(s) ago

DA calls for end to President Jacob Zuma’s unfettered power to appoint head of Special Investigating Unit and national head of prosecutions

Business

‘Bold paradigm shift’ needed to ensure special economic zones succeed

1 hour(s) ago

Centre for Development and Enterprise says special economic zones must be ‘special’ to offer investors ‘a better value proposition’

DEPARTING: FNB CEO Michael Jordaan addresses the media in Johannesburg on Wednesday on his decision to leave the group at the end of this year. Picture: MARTIN RHODES

Michael Jordaan to step down as First National Bank CEO

Jordaan will step down as First National Bank CEO at the end of this year after more than a decade at the helm

Columnists

Leon Louw promo

Licensing Bill an example of how governments evoke opposition to proposed laws in order to solicit 'compromises', writes Leon Louw

Yet another example of ‘rape by regulation’

Columnists

Steven Friedman promo

Seeking solutions to poverty and inequality will go further than proposals for labour law change, writes Steven Friedman

Tinkering with labour law no solution to conflict

Healthcare

Mediclinic reports R740m loss for year

Mediclinic International CEO Danie Meintjes. Picture: FINANCIAL MAIL
2 hour(s) ago

Mediclinic International posts R740m loss, knocked by series of one-off items, including refinancing of Swiss debt and buyout of interests in its Dubai operation

Retail & Consumer

Massmart sharpens focus on back of rising sales

Massmart CEO Grant Pattison. Picture: FINANCIAL MAIL
3 hour(s) ago

Retailer reports sales for the first 21 weeks of the 2013 financial year up 9.8% and comparable sales growth 5.6% higher

Land & Agriculture

Appeal to give new law on fisheries more time

Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson. Picture: TREVOR SAMSON
10 hour(s) ago

Inconsistencies, omissions, obtuse language and weakening of existing legislation pepper Minister Tina Joemat-Pettersson’s proposed amendments

National

Drug lounges shut as Zuma’s plan to save Eldorado Park takes shape

CALLING FOR CHANGE: Eldorado Park residents protest this month against the scourge of drugs in their community. Picture: SOWETAN/SUNDAY WORLD
3 hour(s) ago

President Jacob Zuma last week ordered steering committee to implement anti-drugs strategy in township that could act as national pilot project

National

Marikana families walk out of commission as officer expresses regret

3 hour(s) ago

Similar walkout came earlier this year when national police chief Gen Riah Phiyega expressed her condolences for the deaths of striking workers

Atul Gupta, left, Vuyo Mvoko, centre, and Essop Pahad, right at the the media launch of the New Age newspaper in 2010. Picture: SUNDAY TIMES

EDITORIAL: State media influence grows

The increased influence of government over South Africa’s media is cause for concern

Economy

FW de Klerk takes swipe at ‘prophets of gloom’

Former president FW de Klerk. Picture: SUNDAY TIMES
10 hour(s) ago

Former president moves to inject dollop of ‘good news’ into debate about the state of the country amid hardening perceptions due to labour unrest

National

India’s version of Gupta debacle differs

BIG BROTHERS: Ajay and Atul Gupta. Picture: MARTIN RHODES
10 hour(s) ago

Relations between emerging-market hopefuls plunge to new low after Indian high commission’s statement provided its version of Gupta Waterkloof landing debacle

Retail & Consumer

Taste profits up despite cautious consumer spending

Taste Holdings CEO Carlo Gonzaga
5 hour(s) ago

BRANDED franchise group Taste Holdings overcame cautious consumer spending to boost pre-tax profit 24% to R37.7m in the year to end February 2013.

Retail & Consumer

Resilient Lewis Group lifts headline earnings 14% in tough market

5 hour(s) ago

Lewis Group puts resilient performance in challenging trading environment down to success of decentralised model of the business

Business

NEWS ANALYSIS: Empowerment lobby gains some significant victories

Trade and Industry Minister Rob Davies at a media briefing ahead of his budget speech on Wednesday.  Picture: TREVOR SAMSON
9 hour(s) ago

Black economic empowerment, thanks to its strong proponents, is again at the centre of several important discussions, writes Carol Paton

African News

Impoverished Malawi sells presidential jet for $15m

Malawian President Joyce Banda. Picture: ARNOLD PRONTO
2 hour(s) ago

Luxury jet, bought by late leader Bingu wa Mutharika, sold to raise cash for the African country

Industrials

Vehicle dealers’ confidence dips but WesBank remains upbeat

Picture: THE HERALD
5 hour(s) ago

WesBank brushes aside dip in vehicle dealers’ confidence for second quarter, saying year-on-year confidence is significantly up

Economy

Fall in leading indicator shows economy under pressure

Picture: THINKSTOCK
1 day(s) ago

Reserve Bank’s leading indicator of business activity falls in March for first time in eight months, with commodity export prices biggest drag

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Cartoons

May 22 2013

Motoring

VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing

MANIC: Toyota’s new RAV4 sports a crazy-looking grin on the front, but it’s all grown up on the inside. Picture: QUICKPIC
11 hour(s) ago

The new RAV4 can go where other 4x4s can go and at a very decent price indeed, writes Alexander Parker

Health

Ugly picture of the beauty industry

STOP LICKING: if you are an average user of lipstick, you may ingest about 24 milligrams of the product a day. If you reapply lipstick or lip gloss frequently, you could ingest as much as 87 milligrams each day. Picture: THINKSTOCK
21 hour(s) ago

Research shows ingestion of lip products could cause toxic metal exposure, blogs Marika Sboros

All Share 41861.540.11% up
Top 40 37309.670.02% up
Financial 15 11971.78-0.24% down
Industrial 25 47413.26-0.51% down
Resource 10 47611.411.30% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6838.160.50% up
Dow Jones 15464.590.50% up
All Share 41861.540.11% up
ASX 5142.100.00% same
S&P 500 1678.8800.58% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 9.57650.31% up
GBP/ZAR 14.4195-0.33% down
EUR/ZAR 12.34570.14% up
JPY/ZAR 0.0926-0.63% down
AUD/ZAR 9.2797-0.91% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1375.31500.10% up
Platinum 1467.50000.72% up
Silver 22.51500.29% up
Palladium 746.50000.88% up
Brent Crude Oil 102.820-1.05% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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Opinion Poll

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Calendar

African Bank African Bank interims
Barloworld Barloworld interims
Evraz Highveld Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
Vodacom Vodacom finals
Pioneer Foods Pioneer Foods interims
Netcare Netcare interims
Protech Protech Khutele finals
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The Third Umpire

ANC secretary-general Gwede Mantashe. Saying “Zuma’s relationship with the Guptas is none of the ANC’s business” is disingenuous. It speaks to the party’s credibility, and is certainly taxpayers’ business.

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Businessman and former Busa vice-president Mthunzi Mdwaba, for revealing, as others have, that the government’s desire to engage with the private sector is tenuous at best, with meetings being “a formality”.

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Seat 1 of L’Académie Francaise Claude Dagens. Outraged at a proposed increase of English-language courses at French universities, the academy is, with others, taking it to parliament. Quelle surprise, etc.

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  • All Share : 41836.02
    Change: 0.05%
    Top 40 : 37309.67
    Change: 0.02%
    Financial 15 : 11971.78
    Change: -0.24%
    Industrial 25 : 47413.26
    Change: -0.51%
    Resource 10 : 47611.41
    Change: 1.30%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6838.16
    Change: 0.50%
    Dow Jones : 15447.40
    Change: 0.39%
    Hang Seng : 23261.08
    Change: -0.45%
    ASX : 5142.10
    Change: 0.00%
    S&P 500 : 1676.970
    Change: 0.47%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5702
    Change: 0.25%
    ZAR/GBP : 14.4108
    Change: -0.39%
    ZAR/EUR : 12.3379
    Change: 0.07%
    ZAR/JPY : 0.0926
    Change: -0.58%
    ZAR/AUD : 9.2800
    Change: -0.90%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1378.6000
    Change: 0.34%
    Platinum : 1470.0000
    Change: 0.89%
    Silver : 22.5250
    Change: 0.33%
    Palladium : 745.5000
    Change: 0.74%
    Brent Crude Oil : 102.790
    Change: -1.08%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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