• Tuesday, March 03 2015
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Picture: GALLO IMAGES

Government ‘will not sell Telkom to rescue Eskom’

3 hour(s) ago

Minister of telecommunications and postal services says government will not select fixed-line operator because it will lead expansion of internet access

Transport & Tourism

Gauteng to announce contribution to GFIP ‘once e-toll team concludes work’

Picture: FINANCIAL MAIL
1 hour(s) ago

MEC for finance tells legislature provincial government will announce contribution to repayment of Gauteng Freeway Improvement Project once task team concludes work

Economy

Business confidence rises to near two-year high in February, Sacci index shows

Picture: THINKSTOCK
53 minute(s) ago

Sacci business confidence index rises to 92.8 from 89.3 in January, but South African Chamber of Commerce and Industry expresses concern over economy

Economy

SA given months to avoid junk status

Finance Minister Nhlanhla Nene delivers his 2015 budget on Wednesday.  Picture: TREVOR SAMSON
8 hour(s) ago

S&P keeps eye on state wage bill, while Fitch said last week weak economic growth and a failure to boost potential growth ‘a negative rating trigger’

Mining

Strong operational performance boosts RBPlat

Picture: THINKSTOCK
5 hour(s) ago

But Royal Bafokeng Platinum warns production at Styldrift project has been pushed back by six months because of difficulties at shaft

Mining

Weaker commodity markets hit Glencore’s earnings

Picture: REUTERS
3 hour(s) ago

Resources company says it has decided to curtail coal production at Optimum, some coal operations in Australia to align volumes, qualities with demand

Labour

Salga ‘optimistic’ after start of municipal wage negotiations

Municipal workers fix potholes in Zola, Soweto, in this picture taken in February 2013. The Financial and Fiscal Commission says there is lack of investment by local government in the maintenance of roads and sewerage infrastructure.  Picture: SOWETAN
2 hour(s) ago

South African Local Government Association says it is encouraged and optimistic after start of wage talks in municipal sector this week

Europe

EU denies talk of third Greek bail-out plan

Frayed European Union and Greek flags flutter atop the Greek Ministry of Finance in central Athens.  Picture: REUTERS
2 hour(s) ago

Eurozone countries are discussing third bail-out for Greece worth €30bn to €50bn, Spain’s economy minister says, but EU officials say there are no such talks

Mninwa Mahlangu.  Picture: SUNDAY TIMES

EDITORIAL: Wrong for the job

The wrong people are being appointed to senior positions for all the wrong reasons

Columnists

If every country added value to its own raw materials we would all be worse off, writes Trudi Makhaya

Beneficiate — but only when it is economic

Columnists

One of the greatest investors of all time attributes his success to his mentor Benjamin Graham, writes Michel Pireu

A top investor’s mentor’s ideas

Financial Services

Barclays Africa makes modest gains as key markets feel pressure

Picture: BLOOMBERG/CHRIS RATCLIFFE
3 hour(s) ago

Barclays Africa reports 6% increase in full-year revenue to R63.2bn for year ended December 2014 as number of key markets come under pressure

Industrials

Joffe doubts PIC will sell Adcock

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

Industrial conglomerate lowers ambition of full takeover of Adcock Ingram following sharp rise in share price of struggling drug-maker

Cricket

Amla hits majestic one-day score

South Africa's Hashim Amla (C) and teammate Faf du Plessis (L) celebrate their partnership during the 2015 Cricket World Cup Pool B match between Ireland and South Africa in Canberra on Tuesday. Picture: AFP PHOTO/PETER PARKS
3 hour(s) ago

Hashim Amla hits his highest one-day score, Faf du Plessis grabs century as SA set Ireland monumental target for unlikely World Cup victory at Manuka Oval

Retail & Consumer

Burger King banks on about 250 outlets

Picture: REUTERS
8 hour(s) ago

Aggressive expansion has been held back by the various approvals required by the respective municipalities

Finance Minister Nhlanhla Nene delivers his budget speech in Cape Town  on Wednesday. Picture: BUSINESS DAY/TREVOR SAMSON

EDITORIAL: Public sector wage hike a test for ANC

Significant growth in the head count and pay packets have not been accompanied by improvements in
service delivery

National

Nene’s establishment of SARS committee looks an astute move

Minister Nhlanhla  Nene flanked by SARS Commissioner Tom Moyane, Deputy Minister of Finance Mncebisi Jonas, and DG Lungile Fuzile as they arrive ahead of the 2015 Budget Speech. Picture: GCIS
8 hour(s) ago

Committee gives finance minister an excellent way to look more closely at what SARS commissioner Moyane is doing, and creates political distance

Labour

Cosatu meeting goes ahead despite boycott

Zwelinzima Vavi.  Picture: THE TIMES
8 hour(s) ago

Zwelinzima Vavi’s fate again hangs in the balance as his absence and prior disciplinary matters in spotlight on Tuesday

National

DA calls for city to implement refresher courses for bus drivers

Picture: SOWETAN
4 hour(s) ago

Democratic Alliance says City of Johannesburg must ensure Metrobus drivers receive additional training after reports that call their competence into question

Education

Underfunded students take frustration out on universities

PROBLEMS: Higher Education and Training Minister Blade Nzimande briefs the media on a probe of  allegations of exclusionary practices at North-West University. Picture: PUXLEY MAKGATHO
8 hour(s) ago

Institutions do not set NSFAS allocations, writes Wyndham Hartley

National

Madikizela-Mandela’s Qunu house claim ‘baseless’

Winnie Madikizela-Mandela, ex-wife of former president Nelson Mandela, is seen at the FNB Stadium during Mandela's national memorial service in Johannesburg on Tuesday. Picture: REUTERS/SABC
8 hour(s) ago

The community of abaThembu and its chiefs supported the transfer of the land to Mandela

Transport & Tourism

Transnet signs R13bn in loans for locomotives

Brian Molefe.  Picture: PUXLEY MAKGATHO
8 hour(s) ago

Rail and ports operator plans to invest more than R300bn in capital expenditure over a seven-year period

African News

Nigeria stalls Chad as it aims to beat Boko Haram before poll

Picture: THINKSTOCK
17 minute(s) ago

Nigeria is keen to press ahead with its military campaign against Islamist group, planning to push it out of major towns before presidential elections

Industrials

Torre Industries declares a maiden dividend

Picture: GALLO IMAGES/FOTO24/LOANNA HOFFMAN
1 hour(s) ago

Torre says this is an indication ‘of the confidence that the board has in the long-term ability of the group to sustain earnings and free cash flow’

Americas

Tinder takes swipe at generating revenue

Picture: THINKSTOCK
2 hour(s) ago

Tinder launches premium service, its first effort to generate revenue, plans to introduce advertising by end March

Health

Legal claims ‘cost Gauteng health department millions’

The government’s plan to strengthen the patent registration process for medicines has received backing from one of SA’s influential industry players, Discovery Health. Picture: RUSSELL ROBERTS
4 hour(s) ago

Provincial department has confirmed figures, says it finds it difficult to argue its case in court due to theft of patient records, according to news report

Innovation

The internet — and a piece of satellite — is everybody’s right

A KAT-7 satellite.  Picture: NADEEM OOZEER
8 hour(s) ago

For the past dozen years Greg Wyler has been connecting ‘the other 3-billion’ — the half of the world’s population that for various reasons is not online

Motoring

Durban Top Gear festival cancelled

Top Gear presenters Jeremy Clarkson, Richard Hammond and James May talk up a storm in Durban during the festival. Picture: NCE MKHIZE
6 hour(s) ago

An alternative Top Gear Live event will be held in Johannesburg

View more

Cartoons

Protesters burn an ANC T-shirt last month in Malamule, Limpopo, last month.  Picture: SUNDAY TIMES

Borders to municipal protests

Intervention in Malamulele case promises much, write Kevin Allan and Karen Heese

Innovation

Smart trucks know how to get themselves in line

Smart trucks reduce the number of trips as larger payloads can be handled without increased road wear and they could reduce congestion on major corridors. Picture: SUPPLIED
8 hour(s) ago

South African initiative is unique as a comprehensive database comparing smart trucks to their baseline counterparts, write Frank Kienhöfer and Paul Nordengen

Growth Engines

Poynting the way to business symbiosis

Picture: THINKSTOCK
8 hour(s) ago

It’s so much about service — in engineering, service becomes the key thing, writes Samuel Mungadze

Opinion

VRROOM WITH A VIEW: Hike in fuel levy is a sucker punch to an already swooning Eskom

South Africans are forced to pay high taxes but are not getting their money's worth, especially when it comes to power supplies

Granwald Scott  (left) and Bantu Mzwakali tussle for the ball during the Ajax Cape Town training session at Ikamva in Cape Town on Monday. Picture: GALLO IMAGES/GRANT PITCHER

De Sa has ‘distracted’ Chiefs in cross hairs

Ajax coach sees chance against a fatigued Amakhosi, distracted by the African Champions League

Cricket

England suffers ‘worse’ defeat to Sri Lanka

Picture: THINKSTOCK
8 hour(s) ago

Loss against New Zealand was bad, but defeat to Sri Lanka was much more damaging, says former captain — though team can still progress to the quarterfinals

Soccer

Defeated Wits ‘have less to worry about’

Ramahlwe Mphahlele. Picture: GALLO IMAGES/LEFTY SHIVAMBU
8 hour(s) ago

Sundowns were beaten 3-1 at Bidvest Stadium last season, but the defending champions will fancy their chances of winning on Tuesday

Opinion

Bounce of the global cricket pitch still goes in favour of big teams

Picture: THINKSTOCK

There are some do-or-die games imminent, even before we get to the knockout quarterfinals

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The Third Umpire

Labour Minister Mildred Oliphant, for suppressing a forensic report that found that her adviser, Herbert Mkhize, had misappropriated more than R1m in public funds for his personal use while he was Nedlac executive director.

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Water Affairs and Sanitation Minister Nomvula Mokonyane, for hiring 34 Cuban engineers at R50m a year, when there are hundreds of qualified and unemployed South Africans who could do the job.

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Russian President Vladimir Putin. Denying responsibility for the murder of arch-critic Boris Nemtsov is all very well, but trying to deflect responsibility to the opposition itself, or “provocation” by the West, is pushing credulity.

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