• Saturday, August 30 2014
  • Subscribe
  • Register
Win two Business Elite tickets to any city in the USWin two Business Elite tickets to any city in the USWin two Business Elite tickets to any city in the US
Picture: THINKSTOCK

SA metros owed almost R53bn in outstanding debt

15 hour(s) ago

Treasury figures show City of Johannesburg is still owed largest amount at R17.4bn, followed by Ekurhuleni Metro at R10.7bn, City of Tshwane at R6.6bn, and Cape Town at R6.5bn

Energy

Petrol price to drop by 67c/l

Photo: AP
16 hour(s) ago

Relief for motorists as Department of Energy announces that the price of all grades of petrol will drop next week

Economy

SA’s trade deficit widens from June to July

Picture: THINKSTOCK
16 hour(s) ago

Nedbank economists say global conditions continue to improve and rand exchange rate is favourable, which bodes well for local export performance

National

Malema gives Mbete deadline to withdraw suspension

Julius Malema. Picture: SUNDAY TIMES
16 hour(s) ago

EFF leader says National Assembly Speaker Baleka Mbete must withdraw plans to suspend him from Parliament by Sunday or face court challenge

Economy

July private sector credit growth exceeds market expectations

Picture: THINKSTOCK
20 hour(s) ago

Money supply growth, meanwhile, dips to 6.86% year on year in July from 7.26% in June, according to Reserve Bank data

National

Rocky start as Nkandla committee stumbles on mandate

African National Congress (ANC) MP and member of the ad hoc committee on Nkandla Buti Manamela speaks at the committee’s meeting in Parliament on Monday while fellow ANC legislator Jonas Sibanyoni listens. Picture: TREVOR SAMSON
19 hour(s) ago

Committee refers its terms of reference and mandate back to the National Assembly so that these can be more clearly defined

Industrials

New bid to stem scrap metal exports

Picture: THINKSTOCK
1 day(s) ago

New guidelines aim to stop scrap-metal dealers from exploiting loopholes in preferential pricing policy

Retail & Consumer

Woolworths hopes basket shoppers turn to trollies

Picture: THINKSTOCK
1 day(s) ago

Through a supermarket play, the no-longer niche retailer is tackling Pick n Pay and Checkers head-on

National

Madonsela in appeal to ‘obey the rules’

Thuli Madonsela. Picture: PUXLEY MAKGATHO
1 day(s) ago

Public protector says blurring of lines between ANC and government has become evident, with ‘external actors’ challenging her efforts

National

Physical fights not foreign to parliaments

Muhyettin Aksak, a lawmaker from the ruling AK Party, punches Nationalist Movement Party's Sinan Ogan (center) during a debate at the Parliament in Ankara, Turkey, on August 4 2014. Picture: REUTERS
1 day(s) ago

System is inherently adversarial but dust-ups and disorder need to be dealt with, writes Wyndham Hartley

National

Arms deal critics lose faith in inquiry, decline to testify

Arms Procurement Commission chairman Judge Willie Seriti, right, and co-commissioner Free State Judge President Hendrick Musi, during proceedings in Pretoria on Monday.  Picture: PUXLEY MAKGATHO
1 day(s) ago

Three prominent critics of multibillion-rand arms deal have withdrawn names from Seriti commission witness list

Picture: THINKSTOCK

SA needs social covenant to beat injustice of inequality

The most divisive issue of our age, particularly but not exclusively in developing economies, is the absence of a ‘just economy’, writes Maria Ramos

Columnists

Anthony Butler promo

Nuclear procurement is unaffordable and irrational, and will be a sad testimony to decay of ANC if it is pushed through, writes Anthony Butler

Zuma just an innocent abroad in Russia

Columnists

Peter Bruce promo

It isn’t that Cape Town is racist. It might just be snotty. Or it might just be that the rest of us suffer from low self esteem, writes Peter Bruce

Mantashe is right: two capitals are fatal

Property

Shopping centre owner Hyprop boosts distribution

Hyprop Investments CEO Pieter Prinsloo. Picture: FINANCIAL MAIL
14 hour(s) ago

Hyprop maintains strong earnings from malls despite slowdown in consumer spending

National

Court dismisses Sanral’s secrecy application for Winelands project

ROAD RIGHTS: The Democratic Alliance and Right2Know held a protest outside the Cape High Court over Sanral’s N1/N2 tolling project. Picture: TREVOR SAMSON
18 hour(s) ago

City of Cape Town allowed to file its supplementary documents relating to proposed N1, N2 highway tolling in open court

Asia-Pacific

Tragedy-hit Malaysia Airlines to lose 6,000 jobs in bold restructuring

Kazanah Nasional MD Berhad Tan Sri Dato' Azman Mokhtar announces Malaysia Airlines' restructuring plans at Petronas Towers in Kuala Lumpur, Malaysia, on Friday.  Picture: REUTERS
18 hour(s) ago

The 42-year-old company will be delisted by the end of the year under a broad revival plan announced by state fund Khazanah Nasional on Friday

Financial Services

PIC investments ‘to grow returns, lift SA economy’

PIC chief investment officer Daniel Matjila. Picture: TREVOR SAMSON
1 day(s) ago

Government’s pension fund manger plans to improve returns by investing to reinvigorate flagging economy

Trade & Industry

Strike ‘cost car makers about 16,000 lost vehicles’

PRESCIENT: A worker adds components to fits out the engine compartment of a Toyota Tundra truck on the chassis line at the company’s factory manufacturing facility in San Antonio, Texas in this file picture. Japan’s Nikkei newspaper manages to predict Toyota earnings, and those of other companies, months in advance. Toyota will consider investments that can increase production efficiently and doesn't plan to build new plants in three years from 2013, President Akio Toyoda said in an interview with Nikkei newspaper. Picture: BLOOMBERG
23 hour(s) ago

Most motor companies were forced to suspend operations because of components shortages, says Toyota

Energy

Eskom plans to defend nuclear tender

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES
1 day(s) ago

Eskom says it will ‘vigorously oppose’ an application by Japanese-US nuclear specialists to suspend the award of a R4.3bn contract for Koeberg to its French rival, Areva

Medical aid fraud drives up the cost of your contributions by an estimated R2,500 a year. Picture: THINKSTOCK

EDITORIAL: Overregulating healthcare industry is futile

Excessive regulation has effect of deterring competition and putting upward pressure on prices in long term

Politics

Suspension threat over EFF MPs may end in court

Members of the EFF leave the National Assembly on Thursday (Aug 21 2014) as Baleka Mbete adjourns Parliament for the day after an EFF protest. Picture: BUSINESS DAY/TREVOR SAMSON
1 day(s) ago

Baleka Mbete wrote to the MPs telling them she is planning to suspend them ahead of a formal investigation of their behaviour

Middle East

Netanyahu claims Gaza Strip victory

BOYS IN A WAR: Palestinian boys peek from behind a Hamas militant during a parade in Shejaiya on Wednesday. Picture: AFP
1 day(s) ago

Israeli Prime Minister Benjamin Netanyahu says his decision to end Gaza Strip fighting scored a political and military victory

African Business

Growth seen for African trio

Picture: THINKSTOCK
1 day(s) ago

Poll shows that economic growth in Nigeria, Kenya and Zambia will accelerate over the next two years while Ghana’s economy is likely to struggle in the short term

Land & Agriculture

Safcol aims at exports to China, India to counter rising costs

Picture: THINKSTOCK
23 hour(s) ago

Operating costs are being driven by the rising cost of leasing sawmills, and high transport and labour costs

African News

‘Flower of paradise’ ban in UK raises ire of its Somali community

A woman and her daughter arrange branches of khat into small bundles in Mogadishu on August 9. Picture: REUTERS
1 day(s) ago

London prohibition of the narcotic shrub khat has created a supply glut, pushing down prices in Mogadishu, writes Abdi Sheikh

Retail & Consumer

Massmart takes knock from Game

A Game store, operated by Massmart, in Rosebank, Johannesburg. Picture: SUNDAY TIMES
1 day(s) ago

Massmart’s Game continues to underperform, weighing on profitability, as sales of durable goods fall due to pressure on consumers

Markets

Supply glut hits iron-ore prices

ASSET: A clump of iron ore from a mine. Picture: REUTERS
1 day(s) ago

Iron-ore prices will fall further because there is too much supply of the main ingredient for steel

Europe

Vivendi warms to Telefónica’s raised GVT offer

Telefónica. Picture: BLOOMBERG
1 day(s) ago

Vivendi says Telefónica’s offer is ‘particularly attractive’ because it will generate a capital gain of more than €3bn

National

End game looms in spy-tape saga

President Jacob Zuma. Picture: FINANCIAL MAIL
1 day(s) ago

Release of ‘spy tapes’ and internal NPA documents could lead to review of corruption charges against President Jacob Zuma

Mining

Motala said to have sought political favour

Enver Motala. A key player in liquidations. Picture: RUSSELL ROBERTS/FINANCIAL MAIL
1 day(s) ago

Former lead liquidator of Pamodzi Gold’s mines was forced out of the team of provisional liquidators managing the Pamodzi assets by the master of the High Court

Mining

Ramp-up to leave Implats tapped out

DIFFICULT SITUATION: Impala Platinum CEO Terence Goodlace addresses the media on the group’s outlook. Picture: MARTIN RHODES
1 day(s) ago

Implats will run down its R4bn cash pile by the end of the year to ramp its mines back to full production after a five-month strike

African News

Ebola fears halt Congo trucks

Samaritan's Purse medical personnel transport a person who died from the Ebola virus in the Case Management Center in Foya, Liberia. Picture: REUTERS/SAMARITAN'S PURSE
1 day(s) ago

More than 100 trucks hauling copper from the Democratic Republic of Congo have been denied entry into Botswana over fears of an Ebola outbreak in Congo

Economy

Slower food inflation feeds through to producer price index

Picture: THINKSTOCK
23 hour(s) ago

Food inflation remains high but have come off its worst levels, thanks to surplus grains harvests and a firmer rand, which has in turn slowed producer inflation

Retail & Consumer

Burger King growth delays GPI dividend

Picture: REUTERS
1 day(s) ago

Company indicates it is feeding a voracious growth appetite in fledgling fast-food chain Burger King, and has consequently delayed the dividend announcement

African News

Sata fires Zambian justice minister

Zambian President Michael Sata.  Picture: REUTERS
1 day(s) ago

The move removes a potential rival at a time when questions are being asked about 77-year-old Michael Sata’s health

Healthcare

Adcock divides to conquer as it seeks recovery from loss

A sign outside the Adcock Ingram offices in Johannesburg in December  2013. Picture: REUTERS
1 day(s) ago

New management of drug maker Adcock Ingram begins reorganisation of the business, splitting it into five divisions

View more

Cartoons

Travel & Food

TRAVEL: London, Tyrol, Berlin and Ravello

Picture: THINKSTOCK
1 day(s) ago

A shopping and packing service for men, The Jakobskreuz, Deutsche Bahn restructuring and a unique table-with-a-view

Travel & Food

RESTAURANT REVIEW: Starlings Café

Starlings Café in Cape Town. Picture: LAR LESLIE
1 day(s) ago

Cape Town café offers suburban seclusion worth the search, writes Penny Haw

Opinion

WINE: The Chenin Challenge

Line-up an indication that panel did a neat job as it is a reflection of credibility of South Africa’s top players

Picture: HANS PIENAAR

Lanhydrock Estate’s leaderless splendour

Hans Pienaar joins the throngs that ensure mansion of Agar-Robartes family is kept in a state surpassing its aristocratic heyday

Arts & Entertainment

What statues have to say about us

Shadow Boxer is a sculptural translation by Johannesburg-based artist Marco Ciarnfanelli. Picture: BASA
1 day(s) ago

Public art, particularly sculpture, can be a measure of process by which South Africa is ideologically reconstructing itself

Daryl Impey. Picture: REUTERS

Impey cleared on doping charges

SA Institute for Drug Free Sport says cyclist has been cleared of charges after failing a doping test in February

Rugby

Pumas seek Sharks’ first defeat

Picture: THINKSTOCK
1 day(s) ago

With their strength being in their ability to win at home, it is unlikely that the Pumas will be as charitable in their clash on at the Mbombela Stadium

Soccer

SuperSport give Johnson red card

Cavin Johnson. Picture: GALLO IMAGES/LEFTY SHIVAMBU
1 day(s) ago

Former SA coach Gordon Igesund looks set to be installed by Pretoria’s title hunters

Cricket

Proteas and Aussies may do battle for top Test spot

Faf du Plessis. Picture: GALLO IMAGES/ANESH  DEBIKY
1 day(s) ago

Rankings matter. A lot. But do not take a civilian’s word for it — according to Faf du Plessis

Rugby

Taute gets his chance for WP

DOWN AND OUT: The Stormers’ Jaco Taute, in action against the Cheetahs on Saturday, is out of contention with a knee injury sustained in that game. Picture: GALLO IMAGES
23 hour(s) ago

Jaco Taute returns to scene of his Test debut when he plays at centre for Western Province against the Blue Bulls at Loftus Versfeld

 
All Share 50959.020.00% same
Top 40 45630.440.00% same
Financial 15 14661.110.00% same
Industrial 25 59383.770.00% same
Resource 10 56397.010.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6819.750.00% same
Dow Jones 17098.450.00% same
All Share 50959.020.00% same
ASX 5624.600.00% same
S&P 500 2003.3700.33% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.66750.09% up
GBP/ZAR 17.70650.10% up
EUR/ZAR 14.00861.67% up
JPY/ZAR 0.10250.13% up
AUD/ZAR 9.96130.12% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1287.51000.04% up
Platinum 1424.50000.32% up
Silver 19.47500.13% up
Palladium 904.50000.61% up
Brent Crude Oil 103.1900.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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

Russian President Vladimir Putin, for sending troops across the border into Ukraine even as he sat down with his Ukrainian counterpart, supposedly to negotiate an end to the conflict that is destabilising the region.

thumb
Our Vote
Out
Cast your vote

Proteas one-day cricket captain AB de Villiers, whose superb 136 not out — his 18th century in the limited-overs format — helped SA to a seven-wicket victory over number-one-ranked Australia in Harare on Wednesday.

thumb
Our Vote
In
Cast your vote

International Monetary Fund MD Christine Lagarde, who has been placed under formal investigation by a French court for alleged negligence in her role in a state payout to a controversial tycoon when she was finance minister.

thumb
Our Vote
Out
Cast your vote

Calendar

Hyprop Hyprop finals
Morvest Morvest finals
Naspers Naspers AGM

Greening Your Business

Register for our comprehensive digital course to plan and implement your company’s sustainability.

Like us on Facebook


Top Stories

  • All Share : 50959.02
    Change: 0.00%
    Top 40 : 45630.44
    Change: 0.00%
    Financial 15 : 14661.11
    Change: 0.00%
    Industrial 25 : 59383.77
    Change: 0.00%
    Resource 10 : 56397.01
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6819.75
    Change: 0.00%
    Dow Jones : 17098.45
    Change: 0.00%
    Hang Seng : 24742.06
    Change: 0.00%
    ASX : 5624.60
    Change: 0.00%
    S&P 500 : 2003.370
    Change: 0.33%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.6675
    Change: 0.09%
    ZAR/GBP : 17.7065
    Change: 0.10%
    ZAR/EUR : 14.0086
    Change: 1.67%
    ZAR/JPY : 0.1025
    Change: 0.13%
    ZAR/AUD : 9.9613
    Change: 0.12%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1287.5100
    Change: 0.04%
    Platinum : 1424.5000
    Change: 0.32%
    Silver : 19.4750
    Change: 0.13%
    Palladium : 904.5000
    Change: 0.61%
    Brent Crude Oil : 103.190
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
Content