• Tuesday, May 21 2013
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Economy

Fall in leading indicator shows economy under pressure

Picture: THINKSTOCK
1 hour(s) ago

Reserve Bank’s leading indicator of business activity falls in March for first time in eight months, with commodity export prices biggest drag

Labour

Guards fire rubber bullets at strikers at chrome mine

1 hour(s) ago

Ten miners taken to hospital after security guards fire rubber bullets at stone-throwing workers striking illegally at chrome mine owned by German group Lanxess

National

Cape Town scores double victory on Winelands toll road

Picture: FINANCIAL MAIL
1 hour(s) ago

Western Cape High Court grants City of Cape Town an interdict to prevent Sanral implementing proposed toll road, orders road agency to provide documents

National

Zimbabwe’s plea for poll cash must go to Sadc, says Gordhan

Finance Minister Pravin Gordhan. Picture: ARNOLD PRONTO
1 hour(s) ago

Any request for money from Zimbabwe for its elections must be directed to the Southern African Development Community, says Finance Minister Pravin Gordhan

Americas

Monster tornado devastates Oklahoma town

A man stands among the wreckage after a huge tornado devastated the Oklahoma City suburb of Moore on Monday. The tornado is the deadliest since May 2011, when a twister killed 161 people in Missouri. Picture: REUTERS
8 hour(s) ago

At least 91 feared dead, including 20 children, in deadliest tornado in US in two years

Financial Services

Abil reels as dividend cut disappoints investors

Abil CEO Leon Kirkinis addresses the media on the group’s results on Monday.
8 hour(s) ago

Unsecured lending bubble fears mount after ‘horrific’ results

Labour

ANC ‘sidelines’ Cosatu in bid to rescue ailing unions

8 hour(s) ago

ANC will engage directly with Cosatu affiliates in bid to shore up ailing workers’ movement, says ruling party secretary-general Gwede Mantashe

Markets

Jitters over unsecured loans, mine wage talks knock rand

JSE.  Picture: MICHAEL BRATT
8 hour(s) ago

JSE’s recent rally stalled, while rand extended its slide

Atul Gupta, centre, and Rajesh Gupta, left, at the ANC ’s elective conference in Mangaung in December last year.  Picture: SUNDAY TIMES

EDITORIAL: Ethics needed in word and in deed

Credibility is something that is earned, not inherited along with the levers of state power

Columnists

Palesa Morudu promo

Franschhoek Literary Festival is a meeting place to contemplate the history and future of the written word in SA, writes Palesa Morudu

Prodigal daughters meet in Franschhoek

Columnists

Market analysts seem to have been proven correct in forecasts that this week would be a difficult one, writes Ntsakisi Maswanganyi

Looming wage talks weigh on rand

African News

Obama to embark on first major African tour in June

US President Barack Obama. Picture: REUTERS
1 hour(s) ago

US President Barack Obama to visit South Africa, Senegal and Tanzania, but politics appears to have dashed any hope of him reconnecting with his Kenyan roots

Business

Black business to seek ruling on BEE limits

Black Business Council CEO Xolani Qubeka. Picture: SOWETAN
7 hour(s) ago

Black Business Council will test the Treasury’s prohibition of ‘set-asides’ for black-owned firms in awarding government contracts

Media & Advertising

State puts down R500m for newspaper stake

Sekunjalo Investment Holdings CEO Iqbal Survé.  Picture: TREVOR SAMSON
7 hour(s) ago

Government Employees Pension Fund will acquire 25% stake in newspaper group Independent News & Media South Africa

National

‘No need’ for Zuma to explain ties with Guptas

ANC secretary-general Gwede Mantashe. Picture: PUXLEY MAKGATHO
6 hour(s) ago

ANC closes ranks around Zuma, saying name-dropping to garner favour is nothing new and that it is not necessary for president to explain relationship with Gupta family

Companies

Sasol plans office behemoth in Sandton

An artist’s impression of Sasol’s planned new office complex in Sandton, which will be one of South Africa’s biggest to date.
7 hour(s) ago

Petrochemicals giant consolidating Gauteng offices into new building that will be among the country’s largest private, single-tenanted office developments

Sisi Khampepe, one of only two female Constitutional Court judges.   Picture: SUNDAY TIMES.

Talented women lawyers, but few reach top

Gender diversity and impartiality is crucial for the legitimacy of the judiciary, writes Mia Swart

Telecoms & Technology

Reunert keeps eye on ‘rigorous cost control’ as earnings fall

42 minute(s) ago

Headline earnings per share fall 15% on 8% decline in revenue, primarily due to revenue declines at CBI-electric and Nashua

National

Concern over bill aligning public service

Public Service Minister Lindiwe Sisulu. Picture: PUXLEY MAKGATHO
4 hour(s) ago

All 1.6-million individuals in public service will need to be retrained should a bill to align all three spheres of government be passed, says minister

Energy

Cape wind farm to transmit power to grid before Kusile

Eskom CEO Brian Dames. Picture: MARTIN RHODES
5 hour(s) ago

Construction will start later this year, with the wind farm set to deliver up to 100MW of electricity — beating the R170bn Kusile power station onto the grid

Europe

Gay marriage bill intensifies divisions in Britain

Britain's Prime Minister David Cameron leaves Number 10 Downing Street during snow fall in central London on Friday. Fewer than 30 Britons are at risk in Algeria after a hostage attack by Islamist militants on a desert gas complex and the subsequent rescue attempt by Algerian government forces, Mr Cameron said on Friday. Picture: REUTERS
8 hour(s) ago

Rebels in British Prime Minister David Cameron’s Conservative Party on course to oppose him again over plans to introduce gay marriage

Science & Environment

Kirstenbosch strikes gold again at Chelsea

Dave Davidson and Raymond Hudson
1 hour(s) ago

Golden day for South Africa as Kirstenbosch National Botanical Garden entry scoops 33rd gold medal at prestigious Chelsea Flower Show

Telecoms & Technology

Vodacom eyes growth in mobile data

Vodacom CEO Shameel Joosub. Picture: MARTIN RHODES
5 hour(s) ago

Company looks at increasing smartphone use, video services

Asia-Pacific

Japan warns of shaky future on its public debt

Japanese Finance Minister Taro Aso. Picture: REUTERS
8 hour(s) ago

Japanese government panel warns there is 'absolutely no guarantee' that domestic investors will keep financing the country’s large public debt

Other Sport

Pirelli tyre changes ‘less dramatic than feared or hoped’

A mechanic for Formula One team McLaren works on the 2013 car. Picture: REUTERS
6 hour(s) ago

Formula One tyre maker’s motorsport director, Paul Hembery, seeks answer ‘teams can agree on’ that will not affect title race

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Cartoons

May 21 2013

Books

Putting a much-needed smile into S&M

HORSEPLAY: Jassy Mackenzie likes to ride horses or cycle when the going gets tough, because it ‘frees your brain’. Picture: ARNOLD PRONTO
8 hour(s) ago

Folly has chastisement, satisfying romantic sex and excellent writing from a seasoned crime writer, writes Sue Grant-Marshall

Arts & Entertainment

ON THE STAGE: Hats Off

8 hour(s) ago

Hats Off is a hugely entertaining show and the banter between performers is witty and razor sharp, writes Lesley Stones

All Share 41509.031.05% up
Top 40 36996.581.24% up
Financial 15 11930.130.82% up
Industrial 25 47250.480.60% up
Resource 10 46588.232.51% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6768.800.20% up
Dow Jones 15335.280.00% same
All Share 41519.631.07% up
ASX 5156.20-0.56% down
S&P 500 1666.2900.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 9.55261.29% up
GBP/ZAR 14.47140.51% up
EUR/ZAR 12.29221.04% up
JPY/ZAR 0.09290.58% up
AUD/ZAR 9.34830.93% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1373.4800-1.40% down
Platinum 1461.0000-1.62% down
Silver 22.3175-2.32% down
Palladium 739.5000-0.47% down
Brent Crude Oil 104.360-0.42% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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Opinion Poll

Burger King has opened its first South African outlet in Cape Town. Will you support it?

Calendar

African Bank African Bank interims
Barloworld Barloworld interims
Evraz Highveld Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
Vodacom Vodacom finals
Pioneer Foods Pioneer Foods interims
Netcare Netcare interims
Protech Protech Khutele finals
View more

The Third Umpire

National Union of Mineworkers general secretary Frans Baleni. As predicted by the Third Umpire last month, wage demands have gone doolally tap, with the union wanting increases of up to 60%. Good luck with that.

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Cosatu general secretary Zwelinzima Vavi, for his tortured logic at a launch event in Kimberley at the weekend that saw him ultimately and speciously manage to blame big business for xenophobic attacks.

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One of China’s four vice-premiers, Wang Yang, for bravely pointing out irritating habits of Chinese tourists, including “talking loudly in public, jay walking, spitting and carving characters on items in scenic zones”.

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  • All Share : 41507.47
    Change: 1.04%
    Top 40 : 36995.69
    Change: 1.23%
    Financial 15 : 11926.95
    Change: 0.79%
    Industrial 25 : 47263.16
    Change: 0.63%
    Resource 10 : 46593.86
    Change: 2.53%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6768.65
    Change: 0.19%
    Dow Jones : 15335.28
    Change: 0.00%
    Hang Seng : 23373.40
    Change: -0.51%
    ASX : 5156.20
    Change: -0.56%
    S&P 500 : 1666.290
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5521
    Change: 1.28%
    ZAR/GBP : 14.4714
    Change: 0.51%
    ZAR/EUR : 12.2931
    Change: 1.05%
    ZAR/JPY : 0.0929
    Change: 0.59%
    ZAR/AUD : 9.3476
    Change: 0.93%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1372.4750
    Change: -1.47%
    Platinum : 1461.0000
    Change: -1.62%
    Silver : 22.3175
    Change: -2.32%
    Palladium : 739.5000
    Change: -0.47%
    Brent Crude Oil : 104.300
    Change: -0.48%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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