• Tuesday, April 21 2015
  • JSE Sens
  • Subscribe
  • Register

CIPC head blames Davies for ‘unacceptable’ lack of support

1 hour(s) ago

Trade and Industry Minister Rob Davies engages in sharp exchange of words with outgoing company watchdog head Astrid Ludin over role of Nehawu in her departure

National

King Goodwill Zwelithini blames ‘vile’ attacks on ‘third force’

King Goodwill Zwelithini. Picture: REUTERS
1 hour(s) ago

After weeks of xenophobic violence mainly in KwaZulu-Natal and Gauteng, King Zwelithini denies calling on his subjects to attack foreigners

Energy

SA companies come to Eskom’s rescue

Koeberg nuclear power station at sunset.
1 hour(s) ago

Petrochemicals company Sasol becomes the latest company to conclude a power purchase agreement when it reached a deal to supply up to 440MW of power to the grid

Transport & Tourism

Once-axed Gama back in top Transnet job

Siyabonga Gama. Picture: BUSINESS DAY
1 hour(s) ago

Siyabonga Gama appointed the acting CEO of the state-owned logistics company Transnet after CEO Brian Molefe seconded to Eskom

Labour

Amcu figures could tilt power among unions

Joseph Mathunjwa. Picture: PUXLEY MAKGATHO
50 minute(s) ago

Amcu says its membership figures are closer to 40,000 — which does not give it a majority in the gold and coal sectors

African News

Threat to Robert Mugabe lies in Zanu (PF)

Zimbabwe Prime Minister Morgan Tsvangirai, left, chats with former vice-president Joice Mujuru, who is seen as a successor to Mr Mugabe. File picture: SUPPLIED
1 hour(s) ago

Power struggle in Zanu (PF) is effectively breaking the ruling party apart, writes Brian Latham

Financial Services

Insurers and banks look to start-ups

Johannes Grosskopf, PwC banking and capital markets leader for Africa, left, and Peter Schlebusch, CEO of Standard Bank’s personal and business banking division. File pictures: ROBERT TSHABALALA
46 minute(s) ago

Trend is considered particularly pertinent to financial services in Africa, where cellphone use is growing strongly

Business

Business cannot operate ‘in environment of violence’, says Chamber of Mines

Smoke rises from a burning vehicle as South Africans stand in the morning light after they attacked and burned vehicles and buildings in the area following another night of xenophobic related violence in downtown, Johannesburg.  Five people have been killed nationally during recent xenophobia attacks that started in the port city of Durban. Picture:  EPA/KIM LUDBROOK
16 hour(s) ago

Chamber of Mines CE Bheki Sibiya says attacks on foreign nationals are harming interests of business, also having negative effect on job creation

 Judge Ian Farlam chaired the commission of inquiry into the deaths of 34 striking mine workers at Marikana. The commission targeted the workers themselves and failed to fully interrogate the role of Lonmin. Will the commission, like its predecessors, be remembered as an expensive and largely cynical exercise in burying the truth and protecting the powerful? Picture: SOWETAN

Places to cool hot potatoes

Commissions are state vehicles for doing nothing, writes Dale T McKinley

Columnists

Planning for a bad scenario is best done in the good times , writes Michel Pireu

Plan for failure in good times

Columnists

The rash naming of places could have serious economic costs in the future if we are not careful, writes Phakamisa Ndzamela

A host of hidden dangers to naming and renaming

National

Broadcasting policy ‘against aims of House’

Lawyer Steven Budlender is arguing that Parliament’s broadcasting policy is unfair. File picture: TREVOR SAMSON/BUSINESS DAY
46 minute(s) ago

Editors’ forum, other applicants argue that Parliament’s broadcast policy is unfair and the images it broadcasts are inaccurate

National

EFF man shot ahead of Malema’s address in Alexandra

Economic Freedom Fighters leader Julius Malema, centre, address people in Alexandra township on xenophobia on Monday. Picture: PUXLEY MAKGATHO
8 hour(s) ago

Malema says EFF will not be intimidated, adding that those who shot at the EFF members were defending the criminals that attack foreign nationals

Markets

‘Grexit’ fears, China GDP hiccup hit rand

Rands. Picture: THINKSTOCK
48 minute(s) ago

Rand falls more than 10c amid heightened concerns Greece may exit the eurozone, and data from China show Chinese house prices contracted 6.1% last month

Europe

EU flounders in fatal waves of trafficking

Armed forces of Malta carry an immigrant’s body to a hearse on disembarking from a coast guard ship in the Port of Valletta yesterday. Picture: REUTERS
58 minute(s) ago

As many as 1,500 migrants have already died trying to cross the Med this year, on course to far exceed the 3,200 people the IOM estimates died making the journey last year

Picture: THINKSTOCK

Is downsizing to avoid ‘too big to fail’ status best option?

A less regulation-intensive and profit-destroying approach would be to recognise the possibility of failure of even the largest financial institutions, writes Brian Kantor

Financial Services

Alexander Forbes eyes Ghana and Tanzania

Alexander Forbes. Picture: MARTIN RHODES
48 minute(s) ago

Successful deal in Ghana will expand SA retirement fund giant’s footprint to seven African countries

National

UN agency in SA ‘flooded by calls from refugees’

Somali trader. Picture: ALON SKUY/THE TIMES
38 minute(s) ago

UNHCR in SA resettled more than 1,000 refugees last year, most of them Somalis, followed by Congolese, Ethiopians, and Burundians

Europe

HSBC and StanChart consider Asia as UK taxes bite

The HSBC logo hangs outside a bank branch in London. Research appears to indicate that the bank will recover eventually after the money-laundering scandal at a subsidiary in Switzerland. Picture: BLOOMBERG/SIMON DAWSON
56 minute(s) ago

Banks looking at viability of quitting London for a new home in Asia because a big jump in a tax on UK banks makes staying in Britain increasingly painful

Asia-Pacific

China’s $46bn investment plan hoped to revive Pakistan

A banner shows Pakistan’s President Mamnoon Hussain, left, China’s President Xi Jinping and Pakistan’s Prime Minister Nawaz Sharif, before Mr Xi’s visit to Islamabad. Picture: REUTERS/FAISAL MAHMOOD
1 hour(s) ago

Some analysts caution the huge figures are too good to be true and the government would have its work cut out turning the projects into reality, particularly in insurgency-hit Baluchistan province

Soccer

Baxter may change game plan

Stuart Baxter, left, and assistant Doctor Khumalo could finish the job on Wednesday. File Picture: LEFTY SHIVAMBU/GALLO IMAGES
45 minute(s) ago

Amakhosi just three points from record 12th title as coach Stuart Baxter spends hours analysing attacking threat from Polokwane City

National

Court rules against RAF in grants case

WRECKED: The Road Accident Benefit Scheme Bill aims to compensate victims efficiently, without costly litigation. Picture: DAILY DISPATCH
35 minute(s) ago

Road Accident Fund argues foster care grants paid to guardian of orphaned children should be deducted from R112,942 payout

Economy

Infrastructure spending in developing countries needs to double, study shows

Picture: THINKSTOCK
16 hour(s) ago

White paper cites deficits in all major African infrastructure and says these networks are ‘an absolute requirement for developing countries’ future competitiveness’

Business

Small businesses need to prepare for tough times ahead, warn experts

Picture: THINKSTOCK
12 hour(s) ago

Business leaders say there are strong indications second quarter could be especially challenging for ‘vulnerable’ SMEs as cost of doing business is set to rise

Economy

Mminele says firmer US dollar will pose challenges for SA

Daniel Mminele, deputy governor of the Reserve Bank. Picture: FINANCIAL MAIL
12 hour(s) ago

Strengthening US economy and expected rate hikes and geopolitical risks suggest the dollar could appreciate further, says Reserve Bank deputy governor Daniel Mminele

National

It’s power to the workers in Grinpal job-dispute court ruling

Power lines.  Picture: REUTERS/ISSEI KATO
35 minute(s) ago

Unpaid and out of work for two years, 41 employees get court relief under a labour law provision governing the automatic transfer of employees' contracts to new business owner

Europe

NEWS ANALYSIS: Greece’s effort on a solution could mean a default is close

Yanis Varoufakis. Picture: REUTERS/ALKIS KONSTANTINIDIS
58 minute(s) ago

Greek finance minister wagering that Europe — and Chancellor Angela Merkel in particular — will not want to be blamed for forcing Greece out the eurozone

Cricket

Pietersen not good enough for England, says Australia great Stephen Waugh

Surrey’s Kevin Pietersen before their match against Glamorgan, in Cardiff on Sunday. Picture: REUTERS
53 minute(s) ago

SA-born batsman Kevin Pietersen insists he wants to force his way back into the England team

Companies

Purchase of Dare adds heft to Adcorp

Richard Pike, CEO of Adcorp. Picture: FINANCIAL MAIL
53 minute(s) ago

Adcorp bolsters presence in Africa and Asia Pacific by acquiring Australian-based oil and gas consultancy

Asia-Pacific

Car makers bank on China

Visitors admire a new car during the 16th Shanghai International Automobile Industry Exhibition in Shanghai on Monday. Picture: REUTERS
51 minute(s) ago

Global car makers adamant that China remains the promised land even though sales growth has hit the brakes

Europe

Spin-off from Billiton even more of a gift

Xstrata CEO Mick Davis leaves a shareholders meeting in Zug, Switzerland, on Monday. Picture: BLOOMBERG/GIANLUCA COLLA
52 minute(s) ago

Falling commodities prices slash value of X2 target South32, write Brett Foley, Firat Kayakiran and James Paton

Companies

Kenmare sends South African workers home

Picture: THINKSTOCK
16 hour(s) ago

Irish mining company repatriates 62 South Africans working at titanium mine in Mozambique for their safety after xenophobic attacks in SA

View more

Cartoons

An Alfa Romeo 4C Coupe, top, and 4C Spider, on display at the North American International Auto Show in Detroit, Michigan, in January. With carbon-fibre monocoque chassis and mid-mounted engines, they are true sports cars. Picture: BLOOMBERG

VRROOM WITH A VIEW: A car to make us venerate the Alfa brand

Motor companies understand the concept of monument pride. In fact, they’re on some occasions happy to build a car that will lose them money as long as it advances the brand, writes Alexander Parker

Growth Engines

Singing the praises of Bayede! wines

Antoinette Vermooten in front of the Bayede! wine range, boasting King Zwelithini's family crest. Picture: DOMINIC PREUSS
1 hour(s) ago

Crafters were paid R300,000 for beadwork supplied for Bayede! wines last year, writes Penny Haw

Innovation

Researchers make beans count for the poor

Picture: THINKSTOCK
1 hour(s) ago

Thirty new bean varieties have been bred to beat the baking climate, writes Chris Arsenault

Books

BOOK REVIEW: The Innovators

Bill Gates. Picture: BLOOMBERG
1 hour(s) ago

Walter Isaacson suggests ideas are a serendipitous blend of geopolitical events, cultural trends, the development of symbiotic industries and the power of collaboration, writes David Gorin

Motoring

Technology on the road to a safer drive for all

The top priority for manufacturers today is connectivity, with touch-screen consoles giving drivers access to every aspect of their car. Picture: SUPPLIED
1 hour(s) ago

Technology is not only connecting our cars but saving our bacon too, writes Mark Smyth

Growth Engines

Putting African luxury on the throne

The Bayede! range  extends from quality wines to clothing, giving resourceful individuals access to markets abroad. Picture:
1 hour(s) ago

There is more to the brand than wine. The Bayede! range includes luxury clothing, leatherwork, pottery, textiles, jewellery and an assortment of custom-packaged Rooibos tea, writes Penny Haw

Innovation

Charity campaigns to bring internet to rural Africa cause disruptions

People enter an internet cafe in the Hodan area of Mogadishu, Somalia. Greater connectivity will speed up boost migration from rural areas.  Picture: REUTERS/FEISAL OMAR
1 hour(s) ago

Change in isolated areas due to greater connectivity is understudied, writes Shawn Hagedorn

Opinion

PAVLO’S PERSPECTIVE: Selling products by creating stories

As a third generation, family-owned winery, Van Loveren Family Vineyards engaged both sides of the brain to build a formidable capability in an industry they understand intimately

Edward Mnqele. File Picture: RICHARD HUGGARD/GALLO IMAGES

Chips are down but fighting spirit could keep Chippa up

As the league draws to a close, things have heated up at the bottom of the log as teams battle to avoid the drop

Cricket

Champions League T20 fate hangs on a thread

Picture: THINKSTOCK
46 minute(s) ago

Pivotal meeting on Sunday will determine the fate of the Champions League T20 and its revenue stream worth more than R300m a year for South African cricket

Other Sport

Kvitova’s game a breeze again after time on beach for fatigue

Petra Kvitova of the Czech Republic reacts during her match against Caroline Garcia of France at the International Tennis Federation Cup (Fed Cup) semifinal match in Ostrava on Sunday. Picture: AFP PHOTO/MICHAL CIZEK
55 minute(s) ago

Two-time Wimbledon champion Petra Kvitova, still ranked fourth in the world, returns to the women’s tour this week in Stuttgart

Rugby

Gary Gold says suspended Sharks players owe it to him and team

Sharks director of rugby Gary Gold at a training session at Kings Park Stadium in Durban yesterday. Picture: STEVE HAAG/GALLO IMAGES
45 minute(s) ago

Director of rugby Gary Gold’s senior players have missed a critical juncture of the Sharks’ season through suspensions

Other Sport

A resurgent Nadal faces an uphill task

Rafael Nadal: Picture: AFP PHOTO/QUIQUE GARCIA
56 minute(s) ago

Spaniard is beaten in straight sets by world number one Novak Djokovic in the semi-finals of the Monte Carlo Masters on Saturday, but insisted he is pleased by his progress

Soccer

De Sa refuses to gamble on Mobara’s knee against Stars

Roger de Sa. Picture:  GALLO IMAGES/ GRANT PITCHER
44 minute(s) ago

Ajax coach De Sa says Abbubaker Mobara has stretched a ligament, medical staff will work hard on his recovery

Other Sport

Steinhoff boss spends R12.7m at yearling sale

Markus Jooste. Picture: FINANCIAL MAIL
54 minute(s) ago

Markus Jooste’s spending spree means he accounts for more than a quarter of the sale of about R44,3m

Opinion

How Lorgat’s ‘reminder’ did not interfere with the Proteas’ team choice

Picture: THINKSTOCK

Smoke and mirrors have reappeared in the past fortnight with Cricket SA’s handling of the World Cup semifinal selection saga

JSE Sens

Share search

Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
View more

The Third Umpire

Former Liberty CEO Bruce Hemphill, this week’s surprise appointment as successor to Old Mutual CEO Julian Roberts. It appears his bancassurance experience tipped the scales his way as the group focuses on synergies.

thumb
Our Vote
In
Cast your vote

Finance Minister Nhlanhla Nene, who has missed his own deadline for the appointment of a new SAA board. An indication that it is becoming difficult to persuade suitable candidates to apply, or just a lack of urgency?

thumb
Our Vote
Out
Cast your vote

National police commissioner Riah Phiyega, who has been censured by Parliament’s police committee for allowing the post of SAPS chief financial officer to remain vacant for longer than a year. It’s not important, apparently.

thumb
Our Vote
Out
Cast your vote

Calendar

No events scheduled

Like us on Facebook


  • All Share : 53839.7109
    Change: 0.20%
    Top 40 : 47572.8714
    Change: 0.17%
    Financial 15 : 17677.3053
    Change: -0.21%
    Industrial 25 : 68163.1514
    Change: -0.13%
    Resource 10 : 41803.9586
    Change: 2.05%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6994.63
    Change: 0.00%
    Dow Jones Industrial : 17826.3
    Change: 0.00%
    All Share : 53839.7109
    Change: 0.20%
    ASX All Ordinaries : 1250
    Change: 756.16%
    S&P 500 index : 2081.18
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 12.1414
    Change: -0.02%
    ZAR/GBP : 18.0496
    Change: -0.09%
    ZAR/EUR : 13.0269
    Change: -0.12%
    ZAR/JPY : 0.1012
    Change: -0.20%
    ZAR/AUD : 9.3458
    Change: -0.37%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1192.49
    Change: 0.00%
    Platinum US$/oz : 1149.5
    Change: 0.00%
    Silver US$/oz : 15.99
    Change: 0.00%
    Palladium US$/oz : 772.25
    Change: 0.00%
    Brent Crude : 63.52
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
Content