National
MPs give Sanral the all clear on e-tolling
Cosatu protests start on Friday with blockade of Joburg roads
Labour
NUM vows to approach gold sector wage talks with ‘maturity’
Union boss Baleni moves to reassure markets, says there is no need to panic
Asia-Pacific
China factory activity shrinks for first time in seven months
Flash HSBC purchasing managers’ index shrinks, entrenching fears that China’s economic recovery has stalled and a sharper cooldown may be imminent
Healthcare
Actis could be a suitor for Adcock Ingram
London-based private equity firm Actis has emerged as a possible bidder for South Africa’s second-biggest drug maker, according to a source close to the deal
Science & Environment
Whale watchers must watch for minister
Most glaring oddity of Tina Joemat-Pettersson’s proposed changes to marine resources legislation is that it appears to make whale watching an offence — unless the watcher has her permission
Labour
Oliphant to engage union leaders on collective bargaining issues
Labour Minister Mildred Oliphant to host indaba on the future of collective bargaining in effort to achieve ‘labour market stability and peace’
Americas
Bernanke offers no hint of pullback in Fed stimulus
US Federal Reserve needs to see further signs of traction before taking its foot off the gas, Fed chairman Ben Bernanke says
National
Radebe insists Zuma, Cabinet ‘knew nothing’ of illegal Waterkloof landing
Justice and Constitutional Development Minister Jeff Radebe says only ‘rogue officials’ were responsible for breach of national security
Transport & Tourism
City of Cape Town awards Volvo R180m bus supply contract
Golden Arrow vows to persist with court bid to halt further rollout of the MyCiTi transport system
Name-dropping is corruption and should be punished
It is illegal to drop names in the way names were allegedly dropped to grant unauthorised landing permission to the Gupta aircraft, writes Paul HoffmanColumnists
Zuma can choose his friends but, just as certain names can suggest approval, others might invite disapprobation, writes Z Pallo Jordan
Guptagate a serious blow to Zuma’s credibility
Columnists
Iqbal Survé’s secrecy on Independent News & Media purchase is souring his arrival in the news industry, writes Anton Harber
Survé must come clean on funding and owners
Economy
Inflation dims rate cut hopes
If sustained, the rand’s latest losses will push inflation up for longer, making it harder for the Bank to justify an interest rate cut to stimulate the flagging economy
Labour
Amcu optimistic on reaching deal to cut Amplats job losses
Amplats, Department of Mineral Resources and four unions will hold talks at the CCMA to ensure that all alternatives to retrenchment have been explored
Business
Private sector needs ‘bigger role’ in economic zones
Organised business strongly urges that private sector be given greater role in the process of setting up and managing special economic zones
Financial Services
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 nearly a decade at the helm
Europe
European leaders tackle tax avoidance by large companies
Britain, France, Germany call for stricter rules to stop companies aggressively avoiding taxes in austerity-bitten Europe
Trade & Industry
Poultry group denies tariff would cause steep price rises
South African Poultry Association insists its request for safeguards against cheap frozen chicken meat imports will not raise prices beyond 10% and 15% from current prices
Questions raised on Google’s offering to countries’ fiscus
Governments, including SA’s, have vowed to crack down on global tech firms that shift their profits to tax havens, writes Stuart ThomasLabour
‘Significant’ wage gap fans fears of sugar strike
Fears of a wide-ranging strike in sugar industry are high, with employers describing gap between their latest wage offer and employee demands as ‘significant’
National
Free housing grants will remain in SA, says Sexwale
Human Settlements Minister Tokyo Sexwale says such grants are driven by the ‘triple evils’ of unemployment, poverty and inequity
National
DA wants curb to Zuma’s powers over prosecutors and investigators
DA calls for end to President Jacob Zuma’s unfettered power to appoint head of Special Investigating Unit and national head of prosecutions
Healthcare
Mediclinic reports R740m loss for year
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
Economy
Bank forecasts higher 2013 wage settlements
NUM plans to slap coal, gold sector employers with pay hike demands of up 60% for entry-level mineworkers
National
Drug lounges shut as Zuma’s plan to save Eldorado Park takes shape
President Jacob Zuma last week ordered steering committee to implement anti-drugs strategy in township that could act as national pilot project
Retail & Consumer
Mr Price reports sharply higher earnings, tighter credit control
Retailer reports 26% rise in diluted headline earnings per share to 584.8c for the year ended March, from 464.5c previously
African News
Impoverished Malawi sells presidential jet for $15m
Luxury jet, bought by late leader Bingu wa Mutharika, sold to raise cash for the African country
Cartoons
More in Multimedia
Multimedia
Health
Cancer immunotherapy medicines could rake in $35bn a year
New wave of medicines that tap power of immune system to fight cancer could become biggest drug class in history, with potential sales of $35bn a year
Motoring
VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing
The new RAV4 can go where other 4x4s can go and at a very decent price indeed, writes Alexander Parker
National
- ‘Significant’ wage gap fans fears of sugar strike
- Whale watchers must watch for minister
- Amcu optimistic on reaching deal to cut Amplats job losses
- NUM vows to approach gold sector wage talks with ‘maturity’
- MPs give Sanral the all clear on e-tolling
World
- China factory activity shrinks for first time in seven months
- Questions raised on Google’s offering to countries’ fiscus
- US tax official uses Fifth Amendment
- Hague warns of increased backing for Assad
- Ahmadinejad to challenge aide’s ban from election
Companies
- Amcu optimistic on reaching deal to cut Amplats job losses
- Actis could be a suitor for Adcock Ingram
- Taste seeks to open 100 new food outlets across South Africa
- Clearwire approves Sprint’s new bid
- Growthpoint ‘to acquire high-quality assets’
Personal Finance
- Retirement dream need not be a nightmare
- Absa says miscalculated interest on car loan was ‘isolated error’
- FAME & FORTUNE: Closing the lid on 'rubbish'
- New movie aims to provide financial literacy education
- In tune with his money
Business
Markets
- NEWS ANALYSIS: European ‘safe’ covered bonds being relegated to junk status
- IN THE MARKETS: Time for African Bank to consider all its options
- JSE ends flat despite volatile day
- Global shares rise after Bernanke signals Fed will keep stimulus intact
- Oil slips to $103 on US demand worries
Economy
- Weaker rand fans inflation
- Bank forecasts higher 2013 wage settlements
- SUMMIT TV: Reserve Bank releases leading business indicator
- Higher-than-expected consumer inflation dashes rate cut hope
- FW de Klerk takes swipe at ‘prophets of gloom’
Life
- Disrupting the cosy conceptions of art
- The lack of grace in victimhood
- A right royal romp for the king of rock
- FILM: The Sapphires; 360; Fast and Furious 6
- DANCE : Dominion, and Uncles and Angels
Sport
- Cheetahs trio called up for Bok camp
- Woods finds Garcia’s ‘joke’ unpalatable
- Baxter calls for improvement in officiating
- Court calls for India cricket probe to wrap up
- Mourinho departure puts focus on Perez
Multimedia
Accenture Innovation Index
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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.
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”.
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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