• Thursday, July 31 2014
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Top Companies 2014
Picture: THINKSTOCK

June PPI for final manufactured goods dips to 8.1%

8 hour(s) ago

Producer inflation better than expected but unfortunately not enough to stave off another hike in interest rates, says Meganomics economist

Americas

Argentina defaults but investors see deal possible eventually

Picture: THINKSTOCK
2 hour(s) ago

Argentina defaults for second time in 12 years after talks with creditors fail, as focus turns to whether big banks and funds will request declaration of ‘credit event’

Labour

Lack of funds derails Cosatu’s class action against Metrorail

Congress of South African Trade Unions Western Cape secretary Tony Ehrenreich. Picture: TREVOR SAMSON
5 hour(s) ago

Cosatu says its has not been able to raise the money for the class action lawsuit or to find lawyers that can take on the case pro bono

Transport & Tourism

Sanral chairwoman resigns with immediate effect

Tembakazi Mnyaka. Picture: FINANCIAL MAIL
9 hour(s) ago

Tembakazi Mnyaka cites personal reasons for her decision to resign and Transport Minister Dipuo Peters accepts resignation

Europe

EU adopts toughest Russian sanctions yet, targets five banks

Russian President Vladimir Putin. Picture: REUTERS
1 hour(s) ago

Toughest measures aim to prevent Russian banks from raising money on Western capital markets, while others limit defence sales and the export of hi-tech equipment

Middle East

Netanyahu vows to complete destruction of Gaza tunnels

Israel's Prime Minister Benjamin Netanyahu pauses while delivering a statement in Jerusalem. Picture: REUTERS
4 hour(s) ago

Leaving open the option of widening a ground campaign in the Hamas-dominated Gaza Strip, the Israeli military says it has called up an additional 16,000 reservists

Markets

Rand shrugs off emerging market concerns

Picture: GALLO IMAGES/FOTO24/BRENDAN CROFT
4 hour(s) ago

Ratings agency Standard & Poor’s declares Argentina in default of $539m after negotiations for the payment of interest to bondholders are terminated

National

Municipalities fail to come clean

Pravin Gordhan. Picture: TREVOR SAMSON
12 hour(s) ago

Auditor-General Kimi Makwetu finds R3.6bn unaccounted for, writes Setumo Stone

The Singapore skyline by night. Picture: THINKSTOCK

BLOG: Singapore set to shine as global precious metals hub

Since Asia is largest buyer of gold it makes increasing sense that cities such as Singapore should have more of an influence on price discovery of gold, blogs Dave Levenstein

Columnists

The social cost of women working in mines and/or supporting ‘their mining men’ has not been a factor in public debate, writes Muthoni Maingi

Don’t forget women in Kenyan resources debate

Columnists

Gideon Rachman promo

If and when Hillary Clinton bids for the US presidency, her unofficial campaign anthem might as well be Yesterday, writes Gideon Rachman

A Clinton in power cannot bring back the good times

National

Head of police secretariat resigns from SAPS

Nathi Mthethwa. Picture: SOWETAN
2 hour(s) ago

Jenni Irish-Qhobosheane says that when she signed on for the position in 2009 she agreed to serve for five years and that period is now over

Industrials

Sappi stock falls as quarterly report fails to impress investors

Picture: THE TIMES
2 hour(s) ago

Pulp and fine paper product producer has a tough day of trading on JSE, closing over 5% down despite releasing a healthy third-quarter report

African News

Experts see low risk of Ebola spreading to US, Europe or Asia

5 hour(s) ago

Tracing every person who may have had contact with an infected case is vital to getting on top of the outbreak in West Africa, specialists say

Mining

Sound cash flow from mines lifts Sibanye

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

Gold producer says it will pursue opportunities in platinum sector only as long as they underpin its dividend yield strategy

Picture: THINKSTOCK

EDITORIAL: Minimum wage a two-edged sword

If the ANC is to be held to its election promise with regard to a minimum wage, secret strike ballots should be the quid pro quo demanded by employers

African Business

Mali cancels 130 mining permits after sector audit

Picture: THINKSTOCK
2 hour(s) ago

Mali cancels about 30% of existing permits in gold-producing West African nation, in drive to clean up sector, mines ministry official says

Labour

New equity act to take effect after uproar

Picture: THINKSTOCK
13 hour(s) ago

Act will come into force without controversial regulations that had threatened to block coloured and Indian people from senior management positions

Transport & Tourism

Visitors ‘just have to bear new visa rules’

Picture: SUNDAY TIMES
12 hour(s) ago

Those wishing to come to SA will have to take the pain of complying with new immigration regulations while the system is being perfected, says Gigaba

Labour

New union in ANC fold to target Numsa

Cedric Gina. Picture: PUXLEY MAKGATHO
14 hour(s) ago

Entrance of a new union to the sector that Numsa has dominated is likely to intensify organised labour rivalry

Mining

Deal sees Lonmin close on black empowerment target

Picture: ARDBEL
16 hour(s) ago

World’s third-largest platinum producer inches towards black ownership target for mining companies in deal worth at least R646m with Bapo ba Mogale community

Americas

Business investment helps US economy recover

Picture: THINKSTOCK
16 hour(s) ago

Gross domestic product rises at a 4% annualised rate in fourth quarter, the most since the third quarter of last year

African Business

KLM discontinues direct flights from Amsterdam to Harare

Royal Dutch Airlines KLM. Picture: SUNDAY TIMES
2 hour(s) ago

Zimbabwe’s tourism and hospitality minister says decision to discontinue flights is purely a business and not a political decision

Mining

NUM signs three-year wage deal with Kumba

Picture: MAKWENA MANAMELA
10 hour(s) ago

Union reaches wage settlement with Kumba Iron Ore, securing a 17.5% increase for lowest category of employees

African News

Corruption trial for son of Senegal’s former president Wade opens

Picture: THINKSTOCK
2 hour(s) ago

Karim Wade, a former minister during his father’s government, is accused of illegally amassing a fortune of about $239m

National

Tshwane protesters trying to sabotage ANC brand, says mayor

Tshwane mayor Kgosientso Ramokgopa. Picture: PUXLEY MAKGATHO
5 hour(s) ago

Kgosientso Ramokgopa says protesters are attempting to undermine the region ahead of the 2016 local government elections

Financial Services

Barclays Africa to expand in Nigeria

Maria Ramos. Picture: MARTIN RHODES
14 hour(s) ago

Barclays Africa unlikely to buy any banks in Nigeria as they are too expensive, says CEO Maria Ramos

National

Suspended NPA unit chief opts to throw in the towel

Glynnis Breytenbach at the Labour Court in Johannesburg in 2012. Picture: THE TIMES
1 day(s) ago

Integrity management unit head Prince Mokotedi — who is facing a disciplinary hearing — says he will resign at the beginning of August

View more

Cartoons

SURVIVORS: Bovids in the Tassili n Ajjer National Park in Algeria, Cattle were domesticated in Africa about 10,000 years ago. Picture: WITS ORIGINS CENTRE/TRUST FOR AFRICAN ROCK ART

When Sahara was green

Our ancestors left Africa to populate the world via territory that was not yet a desert, writes Rehana Rossouw

Motoring

LAUNCH NEWS: Attitude that says, ‘I can’

The styling influence of the Cayenne is most evident at the front. Picture: PORSCHE AG
16 hour(s) ago

Motor News put the new Porsche Macan though its paces in the Western Cape

Arts & Entertainment

Time shows up follies, horrors

ABSENCES: Orlando Rene Mendez, Laura Cecilia Mendez Oliva, Leticia Margarita Oliva (1976).
16 hour(s) ago

Natasha Christopher’s Folly exhibition seeks to expose not merely the brick-and-steel ambition of city developers but also conflicting versions of ‘nature’ writes Chris Thurman

Jacques Kallis. Picture: GALLO IMAGES/CARL FOURIE

Kallis bows out of all international cricket

Jacques Kallis acknowledges that his dream of playing in next year’s Cricket World Cup is ‘a bridge too far’

Rugby

Tough World Cup opener for women Boks

16 hour(s) ago

Good start at Women’s Rugby World Cup will be crucial for Springbok women’s side as they aim for best finish yet at the tournament in France

Other Sport

Le Clos’s master plan for Rio? To keep his rivals guessing

MURKY: Chad le Clos in action at the swimming championships on Monday. Some participants have complained of ear infections and diarrhoea, which they blame on the quality of the water in Port Elziabeth’s Newton Park pool. Picture: GALLO IMAGES
16 hour(s) ago

Not even Chad le Clos, exhausted from a seven-medal haul in Glasgow, knows what events he will swim at the 2016 Olympics in Rio de Janeiro

 
All Share 51396.07-0.72% down
Top 40 46222.43-0.79% down
Financial 15 14558.94-0.20% down
Industrial 25 58799.66-0.74% down
Resource 10 59887.81-1.15% down
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FTSE 100 6730.11-0.64% down
Dow Jones 16592.65-1.70% down
All Share 51396.07-0.72% down
ASX 5623.100.00% same
S&P 500 1937.110-1.67% down
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USD/ZAR 10.71870.55% up
GBP/ZAR 18.09690.38% up
EUR/ZAR 14.34950.47% up
JPY/ZAR 0.10420.55% up
AUD/ZAR 9.96020.19% up
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Gold 1284.6250-0.94% down
Platinum 1462.5000-0.98% down
Silver 20.4589-0.77% down
Palladium 872.0000-0.34% down
Brent Crude Oil 105.770-0.24% down
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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.

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The Third Umpire

PIC chief investment officer Daniel Matjila. A more proactive PIC investing in line with the state’s strategic objectives makes sense as long as he never forgets that this is pensioners’ money he is playing with.

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ANC Western Cape chairman Marius Fransman. It should not be necessary for the DA to go to court to force the ANC to give up power in Oudtshoorn after it lost its council majority. SA is a democracy, remember?

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Judge Colin Lamont, who is presiding over the Radovan Krejcir trial, escaped unscathed after a suspected drive-by shooting at his home on Monday night. This dispensing justice business is clearly not for sissies.

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  • All Share : 51396.07
    Change: -0.72%
    Top 40 : 46222.43
    Change: -0.79%
    Financial 15 : 14558.94
    Change: -0.20%
    Industrial 25 : 58799.66
    Change: -0.74%
    Resource 10 : 59887.81
    Change: -1.15%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6730.11
    Change: -0.64%
    Dow Jones : 16600.49
    Change: -1.66%
    Hang Seng : 24756.85
    Change: 0.00%
    ASX : 5623.10
    Change: 0.00%
    S&P 500 : 1936.930
    Change: -1.68%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.7193
    Change: 0.55%
    ZAR/GBP : 18.0964
    Change: 0.38%
    ZAR/EUR : 14.3507
    Change: 0.48%
    ZAR/JPY : 0.1042
    Change: 0.55%
    ZAR/AUD : 9.9617
    Change: 0.21%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1284.5700
    Change: -0.94%
    Platinum : 1462.0000
    Change: -1.02%
    Silver : 20.4600
    Change: -0.76%
    Palladium : 871.5000
    Change: -0.40%
    Brent Crude Oil : 105.790
    Change: -0.22%
    All data is delayed by 15 min
    Data supplied by INET BFA
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