• Tuesday, September 16 2014

Retail & Consumer

SABMiller leaps as merger talk follows Heineken ‘no’

Picture: THE TIMES
54 minute(s) ago

SABMiller stock rises in afternoon trade on Monday, after separate reports that Anheuser-Busch InBev wants to buy brewer, which in turn wants to take over Heineken

National

NEWS ANALYSIS: ANC likely to flex its muscles for Mbete

Baleka Mbete. Picture: SUNDAY TIMES/WALDO SWIEGERS
1 hour(s) ago

African National Congress likely to flex its muscles for Baleka Mbete, writes Wyndham Hartley

Economy

Fall in UIF claims is good news for job losses

Picture: THINKSTOCK
21 minute(s) ago

While the number of claimants fell, the value of claims increased

National

Western Cape acts on inquiry advice on policing

Cape Town mayor Patricia de Lille, left, Western Cape community safety MEC Dan Plato, centre, and Premier Helen Zille  on Monday study the recommendations of the Khayelitsha commission of inquiry on policing. Picture:TREVOR SAMSON
1 hour(s) ago

Western Cape government wastes no time in implementing some of the recommendations of Khayelitsha commission of inquiry

Industrials

Nissan backs soccer with Africa as goal

PASSIONATE: Bafana Bafana supporters pose during an address in Johannesburg to mark 10 days to the African Nations Cup. Picture: SOWETAN
22 minute(s) ago

Japanese car maker hoping that if it plays ball with African consumers, they will return the favour by kicking out its rivals

Industrials

PPC exports to Africa offset slow sales in SA

Picture: THINKSTOCK
1 hour(s) ago

Cement maker PPC says exports into rest of Africa ‘buoyant’

Economy

South Africa’s worsening current account deficit ‘is credit negative’

Picture: REUTERS
11 hour(s) ago

Ratings agency says widening deficit reflects effect of strikes, sluggish global demand and declining commodity prices and increases downside risks to growth outlook

Thuli Madonsela. Picture: PUXLEY MAKGATHO

EDITORIAL: Open season on Madonsela

As brave and principled as Thuli Madonsela may be, she is but one woman, and the pressure is clearly starting to tell at a personal level

Columnists

South Africa, which is trying to re-energise its relationship with the UK, can ill afford to lose sight of the implications of a country interrupted, ...

UK interrupted has implications for SA

Columnists

Michel Pireu: The wise ones bet heavily when they have the odds. And the rest of the time, they don’t. It’s just that simple

Poor Charlie’s good advice

Telecoms & Technology

MTN boosts its loan facilities, driving talk of an acquisition

Picture: CHARLES GALLO/GALLO IMAGES
1 hour(s) ago

MTN increases borrowing ability dramatically, fuelling analysts’ speculation that an acquisition may be on the cards

Labour

Black Africans lag in acquiring skills

Picture: THE TIMES/LAUREN MULLIGAN
7 minute(s) ago

Youth unemployment review cites ‘far from optimal’ education as white, coloured, Indian and Asian counterparts overtake

Asia-Pacific

Nobel Laureates urge Zuma to give Dalai Lama a visa

Dalai Lama
14 hour(s) ago

Fourteen Nobel Peace Laureates ask President Jacob Zuma to guarantee Dalai Lama a visa to SA, after Tibetan spiritual leader is forced to abandon trip to country

Americas

Apple receives record pre-orders for new iPhones

Dummies of new Apple iPhone 6 and 6 Plus are displayed with a figure of the late Apple founder Steve Jobs at a mall selling smartphones in Hong Kong on Friday.  Picture: REUTERS
13 hour(s) ago

Apple says it received record 4-million first-day pre-orders of new iPhone 6 and iPhone 6 Plus, meaning many customers will have to wait until October for phones

Picture: THINKSTOCK

We must go digital to realise economic potential

Digitisation of the country will lay the groundwork for what is the next phase of the internet — the ‘Internet of Everything’, writes John Chambers

Markets

Bond market remains nervous despite rate hike appearing unlikely

Picture: THINKSTOCK
11 hour(s) ago

Pressure on yields extends to government-backed debt instruments including those of Sanral and Eskom, writes Fifi Peters

African News

Sadc summit to address problems in Lesotho

Southern African Development Community (Sadc) chairman Zimbabwean President Robert Mugabe, left, shares a lighter moment with President Jacob Zuma as the Sadc troika prepares to meet on Monday.  Picture: GCIS
11 hour(s) ago

President Jacob Zuma hoping for high-level support to end political dispute in Lesotho while summit will also be looking at disarmament of a DRC militia group

Asia-Pacific

Economists dial down Chinese growth forecasts after weak August data

A couple on a scooter ride past construction projects and completed apartment buildings in Haikou, Hainan province, China. Picture: BLOOMBERG
15 hour(s) ago

Data showing Chinese economy quickly lost steam in August causes some economists to trim their 2014 growth forecasts for country

Politics

DA accuses ANC of ‘dirty tricks in struggle to cling to power’ in Oudtshoorn

Young ostriches are seen in a camp on the Ostrich Safari farm just outside Oudtshoorn.  Picture: SUNDAY TIMES
14 hour(s) ago

DA constituency head leads march by hundreds of DA supporters and residents to municipal offices ‘to demonstrate concern for state of democracy’

Labour

Wage deal averts clothing strike

A woman works on machines at a Newcastle clothing factory. Picture: REUTERS
11 hour(s) ago

Union settles for increases of 7% to 11%

Labour

Sacked Generations actors prepared to return to work

BIG EARNERS: Former 'Generations' actors address the media in Johannesburg this week about being axed from the popular soapie. Picture: KEVIN SUTHERLAND
14 hour(s) ago

City Press online reports that in letter drafted by Generations Actors’ Guild, actors have agreed to return to work, but negotiations are still under way

Energy

Eskom not taking part in nuclear acquisition

Picture: THINKSTOCK
1 day(s) ago

Formerly designated ‘owner and operator’ of SA’s nuclear programme, utility will not be involved in the up coming nuclear procurement

Mining

Finding new deposits of diamonds ‘crucial’

SHINE: Diamond buyer Elliot Tannenbaum, from the Leo Schachter Diamond Group, looks at uncut diamonds at De Beers’ offices in London in August this year. Picture: REUTERS
23 hour(s) ago

Synthetic diamonds ‘can threaten the market’ if supply of natural diamonds cannot keep up with demand

National

ANC branch leader shot at party

Picture: DAILY DISPATCH
1 hour(s) ago

Party branch chairman becomes second local politician to suffer from a violent attack in the past fortnight

African Business

Kenya’s president approves 5% capital gains tax

Kenyan President Uhuru Kenyatta is seen at President Jacob Zuma’s inauguration ceremony at the Union Buildings in Pretoria on Saturday. Picture: REUTERS/SIPHIWE SIBEKO
12 hour(s) ago

Uhuru Kenyatta signs into law capital gains tax that investors say could affect investment in property, equities and country’s nascent oil and mining sectors

Americas

Automobiles drag US factory production lower

Picture: THINKSTOCK
15 hour(s) ago

US manufacturing output falls for the first time in seven months in August as motor vehicle production declines

Financial Services

Investec sells Irish mortgages to Lone Star

Investec. Picture: MARTIN RHODES
17 hour(s) ago

Investment bank says deal is part of plan to simplify, reshape banking business, follows sale of UK loans to private-equity firms

Europe

OECD slashes growth forecasts, urges aggressive ECB action

STRESS TESTS: A euro sign sculpture is seen in front of the headquarters of the European Central Bank in Frankfurt, Germany. It is unclear whether the ECB exercise, involving a rigorous review of 131 banks’ assets and liabilities, will be sufficient to get more credit flowing into the ‘real economy’. Picture: MARTIN LEISSL/BLOOMBERG
17 hour(s) ago

OECD urges much more aggressive ECB stimulus to ward off risk of deflation in a subdued eurozone

Property

Residential property market picking up

Picture: THINKSTOCK
1 day(s) ago

Real estate agencies believe the market has moved back to pre-recession levels

Business

Bookmakers want gaming companies to lose licences

Picture: REUTERS
23 hour(s) ago

Associations issue notices to all SA’s provincial gambling boards requesting them to withdraw sports betting licences issued to the three main players

Europe

Kiev accuses Kremlin trying to eliminate Ukraine

Arseniy Yatsenyuk. Picture: AFP PHOTO
22 hour(s) ago

Ukrainian Prime Minister Arseniy Yatsenyuk calls on world leaders not to trust Russian President Vladimir Putin despite his decision to sign Moscow up to a truce to end the five-month war

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Cartoons

HANDS ON: Sindile Ngonyama’s flair for drawing led him to pursue a career in architecture. Picture: SUPPLIED

Quality of life is this architect’s keystone

Sindile Ngonyama’s deprived upbringing has shaped his theory on the built environment, writes Patricia McCracken

Arts & Entertainment

CRUCIAL CD COLLECTION: CSNY 1974

1 day(s) ago

Hearing Only Love Can Break Your Heart as a full-throated four piece affair is worth quite a lot of the asking price, writes Richard Haslop

Columnists

Fortress finance pulls up the virtual drawbridge

SETTING RECORDS: JPMorgan boss Jamie Dimon has overhauled risk controls. Picture: REUTERS
1 day(s) ago

Western governments need to keep up pressure on financial companies to improve cyber defence plans, provide tangible assistance, writes Gillian Tett

Elias Pelembe. Picture: GALLO IMAGES/CHARLE LOMBARD

Celtic pay the price for costly error

Despite being a man down, the Bloemfontein side give Sundowns a run for their money

Soccer

Debut for Falcao as Manchester United win

Picture: THINKSTOCK
23 hour(s) ago

Radamel Falcao makes debut as Manchester United belatedly kickstarts season with breezy 4-0 win against Queens Park Rangers

Other Sport

Let’s make Pacquiao fight happen, says Mayweather

Floyd Mayweather. Picture: GALLO IMAGES, LEFTY SHIVAMBU
23 hour(s) ago

It took just minutes after Floyd Mayweather scored dominant win over Argentine Marcos Maidana before undefeated welterweight champion faced inevitable question

Opinion

In terms of the All Blacks, being beatable and being beaten is not the same

ALL-OUT EFFORT: New Zealand’s Richie McCaw reacts as he scores a try during the Bledisloe Cup rugby Test match against the Australian Wallabies at Stadium Australia in Sydney on Saturday. Picture: REUTERS

Mark Keohane asks what it means for the Boks if, at their best, a poor performing New Zealand team can still beat them

 
All Share 51376.570.00% same
Top 40 46032.070.00% same
Financial 15 14657.420.00% same
Industrial 25 61153.130.00% same
Resource 10 54862.240.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6804.210.00% same
Dow Jones 17031.140.00% same
All Share 51376.570.00% same
ASX 5446.70-0.52% down
S&P 500 1984.130-0.07% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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The Third Umpire

AngloGold CEO Srinivasan Venkatakrishnan. The share plunge that greeted his announcement that the group is to hive off its SA assets must be disconcerting, but there is an inescapable logic to the move. Give it time.

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Aspen CEO Stephen Saad, whose risky debt-funded offshore expansion strategy has paid off in spades. There was a lot that could have gone wrong with the plan in a volatile world, but it didn't, and he came out on top.

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Leader of the opposition in Parliament Mmusi Maimane. The motion of no confidence he tabled yesterday was always going to be defeated, but it was important that the process be followed anyway. Next stop the courts?

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  • All Share : 51376.57
    Change: 0.00%
    Top 40 : 46032.07
    Change: 0.00%
    Financial 15 : 14657.42
    Change: 0.00%
    Industrial 25 : 61153.13
    Change: 0.00%
    Resource 10 : 54862.24
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6804.21
    Change: 0.00%
    Dow Jones : 17031.14
    Change: 0.00%
    Hang Seng : 24356.99
    Change: 0.00%
    ASX : 5446.70
    Change: -0.52%
    S&P 500 : 1984.130
    Change: -0.07%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.9637
    Change: 0.00%
    ZAR/GBP : 17.7810
    Change: -0.04%
    ZAR/EUR : 14.1855
    Change: -0.02%
    ZAR/JPY : 0.1023
    Change: -0.04%
    ZAR/AUD : 9.8835
    Change: -0.18%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1236.4500
    Change: 0.31%
    Platinum : 1368.0000
    Change: 0.74%
    Silver : 18.7350
    Change: 0.49%
    Palladium : 839.0000
    Change: 1.21%
    Brent Crude Oil : 98.010
    Change: 0.13%
    All data is delayed by 15 min
    Data supplied by INET BFA
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