• Friday, February 27 2015
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Nhlanhla Nene. Picture: TREVOR SAMSON

Government to promote power co-generation, says Nene

3 hour(s) ago

Addressing SA’s ‘critical energy constraints’, weak economic growth starts with ensuring Eskom is restored to financial stability, says Finance Minister Nhlanhla Nene

African News

Mugabe admits land reform blunder

Zimbabwean President Robert Mugabe. Picture: REUTERS
56 minute(s) ago

Zimbabwean president admits he blundered by giving ill-equipped black farmers vast tracts of farmland seized from whites under his controversial land reforms

Companies

Economic growth in UK and US buoys Old Mutual

Old Mutual. Picture: BLOOMBERG/SIMON DAWSON
3 hour(s) ago

Financial services company says its focus is on integrating acquisitions, delivering operational improvements, creating value from investments

National

Planned SA attack was stopped, says leaked report

Picture: GALLO IMAGES/LISA HNATOWICZ
3 hour(s) ago

Documents posted on Al Jazeera website say local authorities foiled planned terrorist attack involving five suicide bombers

Cricket

De Villiers carnage drives SA to record win

South Africa's captain AB de Villiers takes a catch of West Indies batsman Jonathan Carter during the 2015 Cricket World Cup Pool B match between South Africa and the West Indies at the Sydney Cricket Ground on Friday. Picture: AFP
1 hour(s) ago

AB de Villiers confirms status as most destructive batsman with unbeaten 162 from just 66 balls to lead SA to record 257-run victory over West Indies in World Cup

Energy

Necsa in row over CEO’s suspension

Tina Joemat-Pettersson. Picture: FLICKR
9 hour(s) ago

Nuclear energy authority the latest state-owned company to be hit by internal strife as board and energy minister engage in tug of war over the suspension of Phumzile Tshelane

Labour

Union affiliates to march on Cosatu House in support of Numsa

The National Union of Metalworkers of SA is determined to recruit beyond the metals and engineering sectors. General secretary Irvin Jim, below, says it is reacting to the restructuring of the workplace by employers, and the erosion of workers’ rights. File pictures: ALON SKUY and PUXLEY MAKGATHO
4 hour(s) ago

Nine unions will march on headquarters in central Johannesburg to present memorandum of demands that includes immediate reinstatement of expelled Numsa

African News

Feuding parties to face off in Lesotho poll

A general view of buildings is seen in Lesotho's capital Maseru. Picture: REUTERS
3 hour(s) ago

Early national elections will pit prime minister Thomas Thabane against his deputy, Mothetjoa Metsing, in bid to restore stability six months after attempted coup

DIRE SITUATION: A drought-affected maize crop is seen near Paris, Missouri. Picture: REUTERS

Drought should ring alarm bells

Persistent dry weather raises the spectre of drought in areas that produce about 75% of SA’s white maize — a staple food for millions of people, writes Wandile Sihlobo

Columnists

Anthony Butler promo

Fikile Mbalula, who has to use his portfolio to build political capital, saw that his Big Idea has to be the Olympics, writes Anthony Butler

Games are meant to deliver one champion

Columnists

Simon Lincoln Reader: Mugabe is an Englishman to his fingertips: his sentiments about colonialists are staged, symptoms of an inferiority complex

Bob hates to love locals, loves to hate English

Politics

Zuma may escape Nkandla quiz

John Steenhuisen addresses the rules committee in Cape Town on February 4. Picture: BUSINESS DAY/TREVOR SAMSON
8 hour(s) ago

No ’common date’ yet for Zuma to answer questions over the R246m taxpayer-funded Nkandla upgrade

National

Probe into violence against foreign-owned businesses

Lindiwe Zulu. Picture: PUXLEY MAKGATHO
4 hour(s) ago

Small Business Development Minister Lindiwe Zulu says a team will be set up to examine causes and make recommendations

Business

Treasury eyes wider disposal of state assets

Treasury director-general Lungisa Fuzile. Picture: FINANCIAL MAIL
9 hour(s) ago

Director-general says government looking at disposal of noncore assets in general and bringing in private investors to strengthen the balance sheets of state-owned companies

Land & Agriculture

Drought puts maize harvest in peril

Picture: THINKSTOCK
9 hour(s) ago

Small crop likely to push food prices higher because maize prices underpin food prices locally

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

EDITORIAL: Cloak-and-dagger privatisation

There is still no clarity on the promised ‘sales of nonstrategic state assets’ to fund Eskom’s considerable capital expenditure requirements

Industrials

Afrox bleeds execs amid restructuring

Brett Kimber. Picture: FINANCIAL MAIL
9 hour(s) ago

MD Brett Kimber resigned last month and finance director Nick Thomson quit on Thursday ‘to pursue opportunities outside the group’

National

Special visas for Brics business people

Malusi Gigaba. Picture: SUNDAY TIMES
8 hour(s) ago

Tourist arrivals from Brics countries are dramatically down since the introduction of the new regulations, which require travellers to apply in person for their visas

Retail & Consumer

Game’s food sales boost Massmart

A Game store, operated by Massmart, in Rosebank, Johannesburg. Picture: SUNDAY TIMES
8 hour(s) ago

Massmart’s Game division now earns about a fifth of its total sales from food

Americas

Yellen defends Fed after reform calls

Federal Reserve chairwoman Janet Yellen holds up a copy of the central bank’s 100th annual report as she testifies at a US Senate banking, housing and urban affairs committee hearing this week. Picture: AFP PHOTO/SAUL LOEB
8 hour(s) ago

Fed chief forcefully rejects Republican accusations she is unaccountable to Capitol Hill and too close to the White House

Retail & Consumer

Buoyant Spur plans aggressive outlets rollout

Picture: DAILY DISPATCH
8 hour(s) ago

Spur Corporation entrenches its dominance in family restaurant market with launch of a slew of new outlets across SA and the rest of Africa

Asia-Pacific

Glencore to cut Australian coal output

Picture: THINKSTOCK
5 hour(s) ago

Mining and commodities giant says it will reduce coal production in Australia amid weak global demand, oversupply

African News

Grace isn’t the power behind my throne, says Mugabe

Zimbabwean President Robert Mugabe arrives with his wife Grace for President Jacob Zuma’s inauguration ceremony at the Union Buildings in Pretoria On Saturday. Picture: AFP PHOTO/POOL/SIPHIWE SIBEKO
2 hour(s) ago

President Robert Mugabe, who turned 91 last week, says his wife Grace has come into politics in her own right

African News

IMF agrees to lend Ghana almost $1bn to help boost economy

Picture: THINKSTOCK
2 hour(s) ago

International Monetary Fund team agrees to lend Ghana almost $1bn to help boost foreign-exchange reserves, bolster Africa’s worst-performing currency

Economy

Economists forecast PPI will stay at record lows — for now

Picture: THINKSTOCK
15 hour(s) ago

No guarantees on inflation environment with drought threatening to reverse lower food prices and no clear date on next oil price rise

African News

Zambia’s former mines minister jailed for corruption

Picture: THINKSTOCK
2 hour(s) ago

Maxwell Mwale is sentenced to one year in jail with hard labour after being convicted of corruption in awarding of licences to Chinese mining company in 2009

Trade & Industry

Car makers need labour stability, says BMW SA’s new boss

BMW SA MD Tim Abbott. File Picture: REUTERS/JAS LEHAL
8 hour(s) ago

Vehicle manufacturers will enter into official negotiations with the unions next year over a labour deal

Energy

Mthombo refinery not on hold, says SFF boss

Picture: THINKSTOCK
8 hour(s) ago

Project Mthombo, a 400,000 barrels a day refinery to be built at Coega, has been under discussion for years

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Cartoons

Michael de Klerk, left and Anthony Gird, co-founders of Honest Chocolate.  Picture: HONEST CHOCOLATE

If the crowds want bread, give them chocolate too

It was not too difficult for the founders of Honest Chocolate to convince the community to contribute towards a chocolate-themed café

Arts & Entertainment

HALF ART: Staying ordinary despite moving all over the place

PHOTOGRAPHER UNKNOWN, Studio portrait, Marabastad, Gauteng, circa 1970
8 hour(s) ago

Migration is central to the human story, prehistoric, ancient and modern. People who move do so for a host of reasons, writes Chris Thurman

Arts & Entertainment

Cape’s art fair comes into own after baptism of fire

RoseLee Goldberg, founder of Performa, returns to SA as guest curator of the Cape Town Art Fair. Picture: PATRICK MCMULLAN
8 hour(s) ago

This year’s instalment has attracted the attention of some of the world’s most influential collectors, from New York to Milan, writes Matthew Partridge

Arts & Entertainment

Bidvest’s Joffe bites the bullet and puts his doodles on display

Already known for his wildlife photography, Bidvest CE Brian Joffe was persuaded to exhibit works that sprang from his doodling in board meetings to keep himself focused. Pictures: THE WHITE HOUSE GALLERY
8 hour(s) ago

Bidvest CE Brian Joffe says art is a nerve-taxing journey that’s never boring, writes Sue Blaine

Arts & Entertainment

ON THE STAGE: Festival that just keeps going as the rain beats down

In young choreographer Sonia Radebe’s Ngizwise, a collaboration with Canadian choreographer Jennifer Dallas, the dancers relay their experiences as citizens of SA . Picture: VAL ADAMSON
8 hour(s) ago

There are positive signs that contemporary dance is clawing its way back, writes Christina Kennedy

Books

BOOK REVIEW: Degenerate sex-addict spy on intriguing mission to Africa

Picture: THINKSTOCK
8 hour(s) ago

The book rejects the heroics and moral clarity of Bond-style thrillers for something more complicated, writes John Sunyer

Arts & Entertainment

Lightening up and seeing the funny side of life

Mpho Popps Modikoan.  Picture: THE TIMES
17 hour(s) ago

Soweto comedian Mpho Popps Modikoane says comedy was his genetic inheritance and avoids telling jokes about politics as he believes that politics is a joke itself

Ayanda Gcaba of Orlando Pirates, left, and Clayton Daniels of SuperSport United during the 2015 Nedbank Cup last 16 draw at the Carlton Centre in Johannesburg on Thursday. Picture: GALLO IMAGES/LEFTY SHIVAMBU

SuperSport strikers give Bucs sleepless nights

Kingston Nkhatha and Jeremy Brockie pairing has seen them score three goals each in the same number of games

Soccer

Amakhosi serious about African Champions League, says captain

Tefu Mashamaite. Picture: GALLO/MANUS VAN DYK
8 hour(s) ago

Slender scoreline has given Township Rollers some hope of an upset in Gaborone against Kaizer Chiefs

Cricket

Crowe advice taken to heart

AB de Villiers. Picture: AFP PHOTO/SAEED KHAN
8 hour(s) ago

SA captain AB de Villiers tips his cap to intense missive from New Zealand batsman on winning the World Cup and following Nelson Mandela's example

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The Third Umpire

Finance Minister Nhlanhla Nene, who made the best of a bad hand with a holding budget that may just do the trick if economic growth starts to pick up. That’s a very big “if”, of course, with many a slip twixt cup and lip.

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Public works director-general Mziwonke Dlabantu, for resisting the release of conveniently classified information to the Nkandla architect, who has been set up as the fall guy for this gross abuse of public funds.

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Israeli Prime Minister Benjamin Netanyahu, whose credibility on the issue of Iran’s nuclear ambitions has been badly undermined by Mossad spy cable leaks showing that he lied blatantly to the US Congress.

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