• Tuesday, October 21 2014
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Economy

DA presents its medium-term budget wish list

Mmusi Maimane, left, and Dion George address a press briefing on Tuesday.  Picture: TREVOR SAMSON
6 hour(s) ago

DA calls for cuts in government expenditure, including reduction in size of Cabinet, ahead of release of medium-term budget policy statement

Business

Amended BEE act to come into effect in October, says Davies

Trade and Industry Minister Rob Davies briefs the media on the amended black economic empowerment act on Tuesday.  Picture: GCIS
1 hour(s) ago

New office of BEE commissioner to be established and will be expected to deal with issues of fronting, says trade minister

Business

New eThekwini empowerment charter favours black entrepreneurs

Picture: THINKSTOCK
2 hour(s) ago

Announcement follows animosity over Indian-dominated business environment and BEE dodgers

Economy

Auditor-general wants reform of public finances act

Kimi Makwetu. Picture: KEVIN SUTHERLAND/SUNDAY TIMES
1 hour(s) ago

Makwetu has concerns about the suitability of current legislation to deliver transparency and accountability in public finances

Energy

PetroSA takes knock from Project Ikhwezi costs

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
1 hour(s) ago

State-owned oil firm impairs production and exploration assets by R3.4bn, largely because of delays and rising costs on plan to prolong life of Mossgas gas-to-liquids plant

African Business

Djibouti internet start-up aims to boost broadband speeds across east Africa

Picture: THINKSTOCK
4 hour(s) ago

Internet access in east Africa is still relatively slow and costly but Djibouti-based technology start-up Djibouti Data Center has ambitions to help change that

African News

Nigeria hopes ‘deal’ with Boko Haram improves image in West

Newspapers with various front page headlines on the Chibok girls and their possible release are displayed at a news stand in Abuja, Nigeria, on Saturday.  Picture: REUTERS
3 hour(s) ago

Analysts say Nigeria’s claim to have brokered a ceasefire agreement with Boko Haram and release deal for more than 200 kidnapped schoolgirls is aimed at improving country’s tarnished reputation abroad

Europe

Total CEO dies in plane accident

Christophe de Margerie. BLOOMBERG/FABRICE DIMIER
13 hour(s) ago

Christophe de Margerie is killed when business jet collides with snow plough during takeoff at Vnukovo International Airport in Moscow

server technology Picture: THINKSTOCK

Women in tech: Emma Kaye on changing the conversation

Founder of Bozza believes it is time to talk about how entrepreneurs can start again, listen, implement projects, learn from endless disappointments

Columnists

Ali Mazrui’s work opened one’s mind up to what it truly means to be African — and not the Africa of colonial Europe, writes Muthoni Maingi

Mazrui taught what it meant to be truly African

Columnists

Government should fix Eskom without selling dividend-yielding assets that pay tax, writes Phakamisa Ndzamela

No protests over ‘selling the roof to pay the rent’ plan

Markets

Hedge funds can step up to the plate when markets are volatile

Picture: THINKSTOCK
7 hour(s) ago

Fund managers encourage investors to consider adding hedge funds to their portfolios to mitigate risk of falling markets

Europe

HSBC boss says EU banker bonus cap a ‘retrograde’ step

Picture: REUTERS
3 hour(s) ago

European rules to cap bankers’ bonuses at twice fixed pay are ‘retrograde step’ that could add to difficulty in recruiting staff to industry, head of Europe’s biggest bank says

Europe

Court rejects Lufthansa bid to block strike

Airplane of German air carrier Lufthansa lands at the airline's main hub in Frankfurt. Picture: REUTERS
6 hour(s) ago

German labour court finds no grounds to declare walkout by pilots over retirement benefits illegal, strike began at short-haul fleet, later extended to long-haul services

Europe

Air France KLM, Delta, Alitalia offer concessions to settle EU probe

GETTING A LIFT: An Airbus A320 aircraft, operated by Alitalia, taxis on the tarmac at Fiumicino Airport in Rome, Italy, on Friday. The airline has secured a €500m rescue package. Picture: BLOOMBERG
5 hour(s) ago

Skyteam alliance partners offer to give up slots at three airports and make other concessions to try to settle European Union antitrust investigation

National

‘Grossly negligent’ Oscar Pistorius sentenced to five years in jail

Oscar Pistorius during his sentencing on Tuesday. Picture: HERMAN VERWEY/EPA
11 hour(s) ago

Pistorius is also handed three-year suspended sentence for contravention of firearms act, which will run concurrently

A Swazi policeman stands guard over a field of  marijuana during a drug raid in the remote northern Lebombo mountains.  Picture: REUTERS

Legalising drugs could benefit the economy and save lives

Thriving Prohibition-era black market showed how legislation can distort markets and prop up drug lords, writes Zenande Meyiwa

National

Sars closes in on trusts’ exploitation of system

Picture: THINKSTOCK
15 hour(s) ago

Details of parties benefiting from trusts required and greater disclosure, writes Amanda Visser

Industrials

PPC raises defences against Foord ‘demand’

Ketso Gordhan. Picture: MARTIN RHODES
15 hour(s) ago

Foord says it has been able to gain the support of another shareholder, Visio Capital Management, to support its bid to replace the board

Retail & Consumer

Rekorderlig targets changing tastes

Cider products. Picture: ROBBIE TSHABALALA/FINANCIAL MAIL
15 hour(s) ago

Swedish cider company, which entered the SA market last month, is looking to tap into the same trend which is buoying craft beer producers

Politics

‘Political meddling harms parastatals’

Black Business Council spokesman and businessman Sandile Zungu. Picture: FINANCIAL MAIL
15 hour(s) ago

Zuma adviser highlights governance decay, says there is often no clear line between 'enthusiastic' ministerial oversight and political interference

National

Arms deal critic spurns subpoena

15 hour(s) ago

Paul Holden and former African National Congress MP Andrew Feinstein also will not travel to SA to testify

Mining

Norilsk severs its connection with Africa

SPARKING GROWTH: An employee works in a ferronickel smelter owned by state miner Aneka Tambang  in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7%  of the world's total nickel mine output. Picture:REUTERS
15 hour(s) ago

Norilsk stated its intention to sell its 50% of Nkomati Nickel, which it owned jointly with JSE-listed African Rainbow Minerals, and its 85% stake in Tati Nickel Mining in Botswana towards the end of last year

National

Durban beaches closed on shark fears

Picture: THINKSTOCK
15 hour(s) ago

Many beaches will remain shut at least until the end of November

Europe

US bombs own arms supply to Kurds after fearing it went astray

Turkish Kurds watch the Syrian town of Kobani from a hill near the Mursitpinar crossing, on the Turkish-Syrian border in the southeastern town of Suruc on Monday.  Picture: REUTERS
15 hour(s) ago

US, French and British aircraft also carried out six more strikes in neighbouring Iraq against Islamic State positions near Fallujah, on the Baiji oil refinery

Mining

RBPlat’s new mine suffers difficulties

Royal Bafokeng Platinum CEO Steve Phiri. Picture: SUNDAY TIMES
15 hour(s) ago

Target date for steady state production now extended by six months

Business

Value of BEE over-counter share trade now R15bn

Picture: THINKSTOCK
15 hour(s) ago

SA’s over-the-counter market that was started for BEE shareholders has ballooned from the R2.3bn empowerment investors paid originally to participate in these schemes, analysts say

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Cartoons

Oscar De La Renta, centre, smiles with model Karlie Kloss, left and another model after presenting his Autumn/Winter 2013 collection during New York Fashion Week in this February 12 2013 file photo.  Picture: REUTERS

US designer Oscar de la Renta dies at 82

Condolences pour in for legendary fashion designer, whose clothes defined US elegance for generations, were beloved by first ladies, Hollywood stars

Books

BOOK REVIEW: Linguistic mischief for readers’ imagination

Picture: THINKSTOCK
15 hour(s) ago

Michael Frayn, playwright, novelist, farceur and philosopher, talks to Sarah Hemming about fear, chaos and his newest book Matchbox Theatre

Arts & Entertainment

ON THE STAGE: Women’s Theatre Festival

Picture: THINKSTOCK
16 hour(s) ago

Ntshieng Mokgoro's never-say-die attitude helped her pull off a Women’s Theatre Festival with a paltry R5,000 in the kitty, writes Christina Kennedy

GLASS HALF FULL: Jean de Villiers believes the Stormers are showing signs of improvement, despite mounting evidence to the contrary. Picture: CARL FOURIE/GALLO IMAGES

Springboks kick off preparations

Captain says there is ‘a great mood and a positive atmosphere’ at Stellenbosch training camp

Soccer

Ajax plan rebound after defeat

Ajax. Picture:  Picture: GALLO IMAGES/ LANCE PRINSLOO
15 hour(s) ago

Ajax host Platinum Stars at the Cape Town Stadium just three days after defeat in their top-of-the-table clash with AmaKhosi in which they lost their 100% home record

Rugby

Management turmoil behind Sharks’ losses

Picture: THINKSTOCK
15 hour(s) ago

The boardroom problems threaten to destabilise a union that for years has been the model of consistency

 
All Share 48530.471.96% up
Top 40 43385.892.13% up
Financial 15 14140.502.18% up
Industrial 25 58200.022.51% up
Resource 10 49878.411.17% up
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FTSE 100 6372.331.68% up
Dow Jones 16618.241.33% up
All Share 48530.471.96% up
ASX 5312.500.00% same
S&P 500 1939.7601.88% up
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USD/ZAR 11.04420.25% up
GBP/ZAR 17.8041-0.04% down
EUR/ZAR 14.0550-0.32% down
JPY/ZAR 0.1028-0.23% down
AUD/ZAR 9.69610.04% up
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Gold 1247.85000.10% up
Platinum 1277.50001.15% up
Silver 17.50800.52% up
Palladium 776.25002.68% up
Brent Crude Oil 86.2500.03% up
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Data supplied by INET BFA
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JSE Sens

Share search

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

Former PPC CEO Ketso Gordhan, who seems to have recruited enough shareholders to force the board to hold a special general meeting. Whether he has enough support to reconstitute the board remains to be seen.

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President Jacob Zuma, whose criticism of people who protest despite being better off than citizens of most other African nations makes him sound more like finger-wagging former president PW Botha by the day.

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Public Protector Thuli Madonsela, who has been awarded Transparency International’s annual Person of Integrity Award. It won’t help her funding problem, but she needs all the encouragement she can get.

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  • All Share : 48530.47
    Change: 1.96%
    Top 40 : 43385.89
    Change: 2.13%
    Financial 15 : 14140.50
    Change: 2.18%
    Industrial 25 : 58200.02
    Change: 2.51%
    Resource 10 : 49878.41
    Change: 1.17%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6372.33
    Change: 1.68%
    Dow Jones : 16618.24
    Change: 1.33%
    Hang Seng : 23088.58
    Change: 0.00%
    ASX : 5312.50
    Change: 0.00%
    S&P 500 : 1939.760
    Change: 1.88%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 11.0439
    Change: 0.25%
    ZAR/GBP : 17.8029
    Change: -0.05%
    ZAR/EUR : 14.0541
    Change: -0.33%
    ZAR/JPY : 0.1033
    Change: 0.27%
    ZAR/AUD : 9.6956
    Change: 0.03%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1247.9500
    Change: 0.11%
    Platinum : 1278.0000
    Change: 1.19%
    Silver : 17.5035
    Change: 0.49%
    Palladium : 775.5000
    Change: 2.58%
    Brent Crude Oil : 86.240
    Change: 0.02%
    All data is delayed by 15 min
    Data supplied by INET BFA
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