• Wednesday, October 07 2015
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LOCAL FLAVOUR: SABMiller’s Hero lager is produced at the company’s Onitsha brewery in Nigeria’s Anambra state. Picture: ONEREDEYE

SABMiller rejects AB InBev offer, opening door for hostile takeover

3 hour(s) ago

Rejection of £42.15 per SABMiller share either opens door for higher offer, or possibility of hostile takeover attempt by world’s largest brewer


Cosatu renews campaign against e-tolls

6 hour(s) ago

Congress of South African Trade Unions marches in downtown Johannesburg, protests against labour broking demands decent jobs


Bidvest to restructure business

Brian Joffe. Picture: MARTIN RHODES
3 hour(s) ago

Company says it plans to restructure business operations into three distinct, independent companies, each with its own statutory board


DA asks for inquiry into ‘unscrupulous’ vetting of parliamentary questions

3 hour(s) ago

DA says way Parliament, executive are handling questions by opposition party MPs is yet another example of how transparent government is being undermined


Africa needs ‘strong political parties, state bodies to prevent conflict’

Nkosazana Dlamini-Zuma. Picture: PUXLEY MAKGATHO
4 hour(s) ago

At dinner to celebrate anniversary of Tiso Foundation, Nkosazana Dlamini-Zuma says conflict in Africa has taught us need for ‘strong rule of law, strong political parties’

African Business

Credit Suisse CEO warns on African debt ‘madness’

Tidjane Thiam. Picture: REUTERS/ARND WIEGMANN
5 hour(s) ago

Tidjane Thiam says it is ‘madness’ for African nations to rely on loans in foreign currencies to fund vital infrastructure including roads, power, clean water


Fitch likely to downgrade SA, says Barclays Africa economist

Picture: REUTERS
5 hour(s) ago

Rating agency likely to downgrade country in December, on deteriorating economic growth outlook, continuing job losses


Power is the ‘ability to tell people the truth’, says Lagarde

International Monetary Fund MD Christine Lagarde. Picture: REUTERS
4 hour(s) ago

International Monetary Fund chief Christine Lagarde shares her thoughts on Greek restructuring talks, governance reforms, her inner sense of justice


Leadership battle in starting blocs

All eyes will be on this week’s ANC mid-term review, writes Natasha Marrian


Leon Louw promo

His crypto-Marxism, moribund ideology and muddled thinking are concealed by an intellectual sleight of hand in his book, Capital in the Twenty-First ...

Piketty fails to convince on inequality


World Economic Forum survey a ‘world opinion’ fallacy of prismed views to support business and blame government, writes Steven Friedman

Local business views recycled as world opinion


Brazil’s Rousseff to be investigated for alleged funds misuse

Brazilian President Dilma Rousseff. Picture: REUTERS
3 hour(s) ago

President Dilma Rousseff’s campaign will be investigated for alleged use of funds skimmed from vast Petrobras corruption scheme, officials announce


North Korea prepares to pay tribute to Workers’ Party

North Korean leader Kim Jong Un delivers a New Year's address in this Thursday photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang. Picture: REUTERS / KCNA
5 hour(s) ago

Diplomatically elusive North set to put on goose-stepping, tank-rumbling, missile-bristling show to honour party that has served Kim family for generations


Home Affairs files unprecedented application over refugee office

Mkuseli Apleni, left.  Picture: SOWETAN
3 hour(s) ago

Department files extraordinary application before Constitutional Court in protracted bid to resist reopening refugee reception office in Port Elizabeth


Specialist tobacconists seek exemptions from display laws

8 hour(s) ago

Owner of country’s oldest specialist tobacconist describes as ‘absurd’ proposed regulations to restrict display of tobacco, tobacco-related products at point of sale


IMF downbeat on SA as it warns global growth worst since 2009

International Monetary Fund’s revisions released as a separate business confidence index falls to a 22-year low


Trump is a ‘master brander’, says Bill Clinton

US property tycoon Donald Trump. Picture: REUTERS
2 hour(s) ago

Former US president attributes Republican presidential hopeful Donald Trump’s current success in surveys to his skills as ‘master brander’, but says his appeal could be short-lived

Trade & Industry

SA hits Agoa ball back into US court

Trade and Industry Minister Rob Davies addresses Parliament’s trade and industry portfolio committee on Tuesday.  Picture: TREVOR SAMSON
13 hour(s) ago

Rob Davies says SA has done all it can to address African Growth and Opportunity Act concerns, as new report shows retaliation for controversial private security bill will hurt


Sibanye’s new deal raises its PGM play

Sibanye Gold CEO Neal Froneman. Picture: MARTIN RHODES
13 hour(s) ago

Aquarius shares surge as acquisition puts it in top five platinum group miners


London listing in sight for Mediclinic

13 hour(s) ago

Listing hinges on Mediclinic International clinching a reverse takeover with United Arab Emirates-based Al Noor Hospital Group

Transport & Tourism

Prasa berated for wasteful spend

Prasa chairman Popo Molefe and acting CEO Nkosinathi Khena face a tough job putting the rail parastatal back on track. Picture: PUXLEY MAKGATHO
13 hour(s) ago

Auditor-general condemns almost R20m in ‘fruitless and wasteful’ expenditure including interest on late payments and cash to employees and consultants

Law & Constitution

Four women picked as Gauteng High Court judges

TIME OUT: Adv Ishmael Semenya (left), EFF leader Julius Malema and Justice Minister Michael Masutha during a tea break at the interviews for judicial appointments in the Northern Cape on Tuesday. Picture: TREVOR SAMSON
13 hour(s) ago

Plain sailing and no surprises at Judicial Service Commission interviews that yield four women of the six new appointments

Telecoms & Technology

Huawei bids for Telkom contract

Wu Cong Cheng. Picture: SUPPLIED
13 hour(s) ago

Chinese telecoms equipment supplier Huawei solicits partnerships for Telkom’s engineering and field workers contract


Sit out the dance, Gross tells investors

Job seekers attend a Job Fair Giant career fair in Sterling Heights, Michigan, US. Picture: BLOOMBERG
13 hour(s) ago

Bill Gross says US equities have another 10% to fall and investors should sit out current volatility in cash


Microsoft pushes deeper into computing hardware

Satya Nadella. Picture: REUTERS/THOMAS MUKOYA
1 hour(s) ago

Microsoft’s three-year-old computing-hardware effort has been a sideshow to its software business, but CE Satya Nadella has put Microsoft devices at centre of company’s strategy


DA says World Bank to investigate Hitachi, Chancellor House scandal

Mmusi Maimane. Picture: TREVOR SAMSON
3 hour(s) ago

Party leader says bank’s integrity vice-president‚ Leonard McCarthy‚ has accepted its request, and is looking into matter to assess ‘whether World Bank funds were put at risk’


Samsung flags nearly 80% jump in operating profit

A worker walks at a construction site of Samsung Engineering in Seoul.   Picture: REUTERS
5 hour(s) ago

Samsung Electronics indicates jump in quarterly profit, as sales of chips, displays offset stiff competition in smartphones from Apple, cheaper Chinese rivals


Birthday wishes pour in for Archbishop Emeritus Desmond Tutu

Archbishop Emeritus Desmond Tutu. Picture: REUTERS
4 hour(s) ago

President Jacob Zuma, former president FW de Klerk among those sending Archbishop Emeritus Desmond Tutu messages on his 84th birthday

Retail & Consumer

Brewers’ merger ‘would hurt consumers’

NO DEAL:  Public Investment Corporation CEO Daniel Matjila. Picture: SUNDAY TIMES
13 hour(s) ago

Public Investment Corporation CEO Daniel Matjila says Anheuser-Busch InBev takeover of brewer SABMiller would create ‘some kind of monopoly’


Minister Brown says no to privatisations

Public Enterprises Minister Lynne Brown addresses the media on Thursday.  Picture: TREVOR SAMSON
13 hour(s) ago

Antiprivitisation stance effectively puts to rest any prospect of mixed ownership for state-owned entities


Neutrino research nets Nobel for physics

Takaaki Kajita.  Picture: REUTERS
13 hour(s) ago

Japanese and Canadian scientist win the 2015 Nobel Prize for Physics for discovering that elusive subatomic particles called neutrinos have mass


Motsoaledi signs health deal with China

Aaron Motsoaledi. Picture: THE SOWETAN
13 hour(s) ago

Framework agreement says China will match 20 of its tertiary hospitals with African facilities to strengthen clinical practice

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Energy Minister Tina Joemat-Pettersson, whose department has already committed to 13,225MW of renewable energy generation by 2025. Picture: SIYABULELA DUDA

SA’s renewable energy plan a global success story

World Wildlife Fund calls South Africa’s renewable energy sector 'a flagship public-private partnership model for SA and the rest of Africa', writes Kevin Nassiep

Opinion & Analysis

Proposed new customs regime a step backwards

New border management proposals will impede the flow of goods, critics say. Picture: SOWETAN
12 hour(s) ago

Regulations would undermine progress made in customs management and ultimately hurt the economy, writes Virusha Subban


Power? Let the men have it

Picture: ISTOCK
12 hour(s) ago

Harvard Business School research shows women aren’t in leadership positions because they just don’t want the jobs, writes Rebecca Greenfield


Lagos whizzes sow digital seed

Lagos, Nigeria. Picture: EPA/AHMED JALLANZO
12 hour(s) ago

With exclusively Nigeria-focused clickbait, listicles and quizzes, Zikoko is doing what BuzzFeed cannot do for Nigerians, writes Maggie Fick


Working across time zones to woo the world, a hotel MD never clocks out

Clive Bennett. Picture: SUPPLIED
12 hour(s) ago

One&Only MD Clive Bennett attributes hotel’s success to global market penetration and reach, and attracting local clientele, writes Eugene Yiga

NO MISTAKES: Springbok scrumhalf and captain Fourie du Preez passes the ball during a training session in Teddington, west London on Tuesday. The skipper wants the Boks to have a healthy halftime lead against the USA on Wednesday. Picture: AFP

Du Preez wants to avoid USA dogfight

A fast start and healthy lead by halftime would be ideal for Springbok captain Fourie du Preez in Wednesday’s clash against USA


Beckenbauer backs Sexwale for top Fifa job

Human Settlements Minister Tokyo Sexwale. Picture: MARTIN RHODES
14 hour(s) ago

German Football Association’s Franz Beckenbauer backs Tokyo Sexwale as possible candidate for Fifa presidency


Bulls coach hunts home semi before Super Rugby

Bulls coach Nollis Marais.   Picture: GALLO IMAGES/LEE WARREN
14 hour(s) ago

Bulls coach Nollis Marais upbeat on good start to his reign as Super Rugby coach in revamped southern hemisphere competition


Five areas Springboks will look to dominate

14 hour(s) ago

Key areas the Springboks will have to pay attention to during clash against USA on Wednesday


Bafana travels unfair on Pirates players

14 hour(s) ago

Orlando Pirates question fairness of three key players joining Bafana Bafana's Central American tour following their Caf Confederation semifinal win


Counting unhatched chickens after Bucs win par for the course for country

Lavish pre-victory celebrations a unique South African distraction Pirates can ill afford — just ask Carlos Alberto Parreira

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The Third Umpire

Labour Minister Mildred Oliphant, who has egg all over her face after a court ruled she failed to apply her mind fairly when opting to remove registrar Johan Crouse from his position. Political expedience at its worst.

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Former finance minister Trevor Manuel, whose call for a “Chinese-style” crackdown on corruption in SA is right on the money, even if the chances of the country’s current leadership following his advice are slim to none.

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Justice Minister Michael Masutha, whose decision to delay Oscar Pistorius’s release has been upheld by the parole review board on the basis that he had not served a sixth of his sentence when parole was considered.

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