• Subscribe
  • Register

Markets

MARKET WRAP: JSE closes sharply weaker after Britain’s exit vote from the EU

Picture: MICHAEL ETTERSHANK
12 hour(s) ago

Local banks and financials were hard hit and general retailers and property stocks also slumped. European banks took a beating, with Barclays Plc down nearly 30% at one point

Transport & Tourism

Gauteng to form single transport authority to make provincial travel easier

Gauteng Premier David Makhura visits Soshanguve with Tshwane deputy ANC chairman Mapiti Matsena and ward 34 administrator Nthabiseng Mphago. Pictures: PENNY MASHEGO
12 hour(s) ago

Premier David Makhura says the transport authority will address inefficiencies in the Gauteng public transport system

Mining

Investors set to continue pouring into gold after surprise EU exit vote

Picture: BLOOMBERG/KIYOSHI OTA
13 hour(s) ago

Not only will Britain have to extricate itself from the EU within two years, Scotland may hold another referendum on independence as it voted to remain in the EU

Land & Agriculture

SA soon to add Polish chickens to the list of imported meats

Picture: ISTOCK
13 hour(s) ago

Poland will export poultry meat with bones‚ mechanically de-boned meat‚ and offal meats to SA under a deal which has been in the offing since 2013

National

Charity admonishes Bathabile Dlamini for five star hotel stay

African National Congress Women’s League president Bathabile Dlamini. Picture: TREVOR SAMSON
13 hour(s) ago

Social Development Minister Bathabile Dlamini, who believes poor families can live on the R753 social grant, spends R11,000 a night to stay at the Oyster Box hotel

National

August 3 is a public holiday, allowing all eligible voters time to vote

Picture: REUTERS/MIKE HUTCHINGS
13 hour(s) ago

The IEC will be under intense scrutiny when it conducts the poll, in the light of the outcome of the Constitutional Court case on the voters’ roll

Media

Hlaudi Motsoeneng’s beliefs have ‘no bearing’ on coverage ban

Hlaudi Motsoeneng: GALLO IMAGES/ELIZABETH SEJAK
13 hour(s) ago

Public broadcaster has a responsibility to edit reportage to protect children from viewing dangerous behaviour, lawyer tells censorship hearing

Energy

Eskom executives give themselves a R6m bonus each, infuriating NUM

The Department of Energy wants increased targets on the reduction in national energy consumption by 2030. Picture: REUTERS/SIPHIWE SIBEKO
14 hour(s) ago

Meanwhile, Eskom’s spokesperson has refuted NUM’s claims that an executive had said black female employees performed poorly and so deserved very low salary hikes

Business Unity South Africa special adviser Raymond Parsons. Picture: MARTIN RHODES

Brexit a ‘complicating factor’ in SA’s economic outlook

A possible recession in the UK and slower growth in the EU as a result of Brexit will not be in SA’s economic interests, writes Raymond Parsons

Opinion & Analysis

Tim Cohen promo

The consequences of the Brexit vote are so uncertain, writes Tim Cohen

Does world that wants Brexit also want Trump?

Columnists

Project Reconciliation is much harder now as there is less goodwill, less willingness to take a leap of faith, writes Jonny Steinberg

Stony road ahead for Project Reconciliation

National

Cosatu backs ANC’s candidates for mayor in Gauteng

A view of the Johannesburg skyline.  Picture: THE TIMES
16 hour(s) ago

Cosatu condemned the violence in Tshwane following the ANC’s announcement of former Cabinet minister Thoko Didiza as its mayoral hopeful in the capital city

Americas

Bernie Sanders will vote for rival Hillary Clinton in the US presidential election

Democratic US presidential candidates Senator Bernie Sanders and Hillary Clinton wave before the start of the Univision News and Washington Post Democratic US presidential candidates debate in Kendall, Florida. Picture: REUTERS
14 hour(s) ago

The democrat contender says he is going to do everything he can to defeat presumptive Republican presidential nominee Donald Trump

Trade & Industry

SA’s trade and business interests will be first victims of Brexit

Cranes are used to unload a bulk carrier at the Tate and Lyle sugar refinery in front of London's financial district of Canary Wharf.  Picture: REUTERS
13 hour(s) ago

The UK was SA’s eighth-largest trading partner in 2015 and is a key source of foreign direct investment into SA, with about R730bn in 2014

Media

SABC is defying its own legal obligations, media groups’ advocate says

Picture: SUNDAY TIMES
15 hour(s) ago

Gilbert Marcus says the SABC is violating its own editorial policies, which say it has a duty to disclose all vital facts and not suppress available facts or distort reporting

Europe

Scottish vote to stay in EU raises possibility of UK dissolution

Scotland votes on whether to split from Britain. Picture: AFP PHOTO/ANDY BUCHANAN
17 hour(s) ago

Scots rejected independence in a referendum almost three years ago was because independence meant leaving the EU too


Brexit


British Prime Minister David Cameron walks out of 10 Downing Street with his wife Samantha as he prepares to speak after Britain voted to leave the European Union on June 24 2016. Picture: REUTERS

UK has filed for divorce, but there is still lots of paperwork to be done

Legally speaking, the process of actually leaving the EU will take some time and the UK government will now have to arrange its exit, writes Gavin Barrett

Markets

Investors wipe £100bn off British blue chips in wake of Brexit vote

Picture: REUTERS
20 hour(s) ago

FTSE 100 index suffers its worst loss since October 2008, while the FTSE 250, which has greater exposure to the domestic economy, plunged 11%

Europe

David Cameron to quit by October, after Brexit vote

British Prime Minister David Cameron walks out of 10 Downing Street with his wife Samantha as he prepares to speak after Britain voted to leave the European Union on June 24 2016. Picture: REUTERS
21 hour(s) ago

Cameron says Britain needs a new prime minister to steer the country to its next destination

Europe

WATCH: David Cameron resigns following 'Brexit' vote

20 hour(s) ago

David Cameron to resign as British prime minister by October following Brexit vote

Europe

Bank of England says it has already taken Brexit contingency steps

The Bank of England in the City of London, the UK. Picture: REUTERS/TOBY MELVILLE
20 hour(s) ago

Central bank says it will take all necessary steps to ensure monetary and financial stability after Britons’ decision to leave the EU

Europe

European Council head Donald Tusk calls for reflection on EU’s future

European Council President Donald Tusk. Picture: REUTERS
17 hour(s) ago

Reaction from EU countries has been varied, with French government spokesperson Stephane Le Foll saying ‘to leave has consequences — leaving means leaving’

Europe

Boris Johnson stresses need to say a long goodbye to EU

London mayor Boris Johnson: taking a ‘safer and more harmonious’ stance on campaigning. Picture: REUTERS//STEFAN WERMUTH
16 hour(s) ago

Former London mayor stresses that Britain will not turn its back on Europe and there is no need to rush the process of pulling out of the bloc

Europe

Britons living in Europe fear they will have to move home

A woman carrying passes  a polling station in London, the UK, on Thursday. Picture: REUTERS/KEVIN COOMBS
14 hour(s) ago

Most are worried about how Britain’s vote to exit the EU will affect their pensions and their access to free health care in the European countries they call home

Europe

Moody’s warns of prolonged uncertainty for UK after Brexit vote

19 hour(s) ago

The rating agency says the move is negative for the country’s credit rating, and will weigh on its economic and financial performance

Markets

Rand recovers slightly after sharp declines as Britain votes to leave EU

14 hour(s) ago

For SA, the direct implications through trade and tourism links are not expected to be large in the short term, Nedbank CIB analysts say

Markets

Central banks intervene as Brexit vote roils currency markets

Picture: THINKSTOCK
19 hour(s) ago

Bank of England pledges £250m plus ‘substantial’ foreign currency liquidity, while Swiss central bank drives down the value of the safe-haven franc

Opinion

Loss of common European market will be high price SA pays for Brexit

SA indirectly gets better engagement with the EU through its relationship with the UK. Brexit would be bad for us

A man waves a Union Jack at a rally on Sunday for Britain Stronger in Europe, the official Remain campaign group seeking to avoid Brexit. Picture: AFP PHOTO / BEN STANSALL

UK will have to decide just how little it wants to do with Europe

If the free right of movement is terminated, then Brexit will damage the value of British nationality far more than that of European nationality, writes Andrew Taylor

National

Foster children in Gauteng massively exploited while parents pocket grants

Nandi Mayathula-Khoza. Picture: SOWETAN
15 hour(s) ago

Foster mothers will sometimes use female foster children for cash and not take any action when there is sexual abuse by male members of the family

Mining

Gold mining companies refused leave to appeal silicosis judgment

SOLIDARITY: Hundreds of people, some former mine workers, at the Justice for Miners march in Joburg last year. Picture: THE TIMES
14 hour(s) ago

Court finds certification of the class action is not appealable as it did not finally decide any of the questions around mineworkers’ entitlement to compensation

Property

Investec Australia Property Fund buys office space in ‘well-located’ Sydney

Graeme Katz. Picture: FINANCIAL MAIL
14 hour(s) ago

Investec Australia Property Fund recently reported double-digit distribution growth of 12.1% in Australian dollar terms — 29.3% in rand terms

Economy

SA can withstand the financial shock of Brexit, Presidency says

Jacob Zuma. Picture: GCIS
16 hour(s) ago

Reserve Bank and National Treasury are monitoring developments and have held talks with financial institutions on the implications for SA’s economy

Telecoms & Technology

Icasa to probe competitiveness of pay television market

BEAMING: A satellite dish at MultiChoice's headquarters in Johannesburg. Picture: THE TIMES
16 hour(s) ago

The inquiry will look into why so few new licencees have launched new services, and the reasons for their sustainability problems

Markets

Gold stocks jump 19% as they ride out market storm

Picture: THINKSTOCK
20 hour(s) ago

The gold miners’ index surged as much as 19% to its best level since November 2012 as investors jumped out of risky assets

Europe

Who is likely to replace David Cameron as prime minister?

British Prime Minister David Cameron Picture: EPA/ANDY RAIN
23 hour(s) ago

Britain’s decision to leave the EU is defeat on a scale from which few leaders could recover

Economy

As long as inflation is too high, interest rates will rise, Reserve Bank officials say

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
17 hour(s) ago

The inflation outlook is made worse by a weak rand, which weakened sharply to R15.67/$ on Friday in line with other emerging-market currencies, after ‘Brexit’

National

Dikgang Moseneke appointed honorary professor at Wits

Deputy Justice Dikgang Moseneke. Picture: MOHAU MOFOKENG/SOWETAN.
19 hour(s) ago

Former deputy chief justice has been appointed honorary professor of bioethics in the Steve Biko Centre for Bioethics at the University of the Witwatersrand

Labour

Airline caterer workers on strike

OR Tambo International Airport in Johannesburg. Picture: ACSA
19 hour(s) ago

Unions allege favouritism‚ bullying and shouting by management‚ and unfair discrimination as workers were not allowed to wear religious or cultural items

Media

Suspension of SABC journalists shocks National Editors’ Forum

The SABC building in Auckland Park, Johannesburg. Picture: BUSINESS DAY
18 hour(s) ago

The three have been suspended for disagreeing with an instruction during a diary conference not to cover the R2K campaign’s protest against censorship at the SABC

Americas

Uber makes surge pricing more difficult to discern

A taxi passes by an advertisement for the Uber car and ride-sharing service.  Picture: REUTERS
16 hour(s) ago

Uber still plans to charge more during peak times, and instead of showing the multiple of the typical fare, the app will tell riders fares are higher due to more demand

Management

Four principles of strategic planning

Picture: ISTOCK
16 hour(s) ago

The trick to helping managers create a strategy that will actually work lies in getting them to rethink what planning involves

National

President Jacob Zuma's spy tapes appeal dismissed

Jacob Zuma. Picture: GCIS
21 hour(s) ago

High Court dismisses with costs the National Prosecuting Authority’s application for leave to appeal in the matter relating to President Jacob Zuma’s corruption charges

View more

Cartoons

Ruthless journalist Kerry Mercer (Lara Lipschitz) digs for the dirt on Wonder Boy (Kagiso Lediga). Picture: SUPPLIED

FILM REVIEW: Kalushi and Wonder Boy for President

Savvy satire and haunting history take Durban International Film Festival by storm, writes Patricia Mccracken

Opinion

LIQUID INVESTMENTS: Properly trained sommeliers are a boon to smaller cellars

Sommeliers seek out the more interesting wines — often less showy, and almost always from the small, less industrialised cellars

Books

AUTHOR INTERVIEW: I hate being put into boxes, says filmaker Sylvia Vollenhoven

Sylvia Vollenhoven. Picture: SUPPLIED
1 day(s) ago

Sylvia Vollenhoven didn’t want rules of autobiography — or novel — constraining story of how her ancestor called to her across 200 years to guard Bushman heritage

Motoring

CONCEPT NEWS: Mini’s Vision — sharing the future

While very different, the designers have kept a Mini look for the future concept.   Picture: NEWSPRESS UK
2 day(s) ago

Changeable, caring and big interiors are Mini’s Vision for its future, writes Michael Taylor

Motoring

ROAD TEST: New Toyota Prius is bureacratic but more bearable

The designers have given the new Prius a much sharper look.   Picture: TOYOTA SA
2 day(s) ago

Mark Smyth votes that the new Toyota Prius can remain

NO MISTAKES: Springbok scrumhalf and captain Fourie du Preez passes the ball during a training session in Teddington, west London on Tuesday. The skipper wants the Boks to have a healthy halftime lead against the USA on Wednesday. Picture: AFP

PE the charm for Springbok Test rugby

The Springboks’ only defeat in the last century in PE was against the 1974 British and Irish Lions, who smashed them 26-9 to clinch a first ever series win in SA

Cricket

Langers has the history to prep Proteas

INSPIRATION:  Charl Langeveldt bowled SA to victory against the West Indies at the Kensington Oval in Bridgetown 11 years ago, now the bowling coach wants the Proteas quicks to repeat the dose today. Picture: BACKPAGEPIX
1 day(s) ago

Charl Langeveldt will hope the Proteas show off some of what he has been working on since he succeeded Allan Donald as bowling coach in June 2015

Rugby

Boks can repay coach by clinching the series

WINGER:  Ruan Combrinck has been given a chance to cement his place in the Bok team. Picture: GALLO IMAGES
1 day(s) ago

Coach Allister Coetzee has given a third chance to players who have been below their best ahead of the decisive Test against Ireland in Port Elizabeth on Saturday

Rugby

Ireland call up regulars

Tiernan O'Halloran.  Picture: GETTY IMAGES/MATT CARDY
1 day(s) ago

Ireland have brought back five regulars to strengthen their side for the decisive match at the Nelson Mandela Bay Stadium

Soccer

Bafana iron out the kinks ahead of Rio

Thabiso Kutumela.
1 day(s) ago

Bafana Bafana prepare to attempt what would be a confidence-boosting win against Botswana in Saturday’s Cosafa Cup final

Markets

Economy

Life

Sport

Multimedia

Standard Bank

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.
View more

The Third Umpire

ANC spokesman Zizi Kodwa, for crossing the line between political rhetoric and racist insult. Referring to DA leader Mmusi Maimane as a mere "garden boy" to his white predecessor is not OK. A public apology is in order.

thumb
Our Vote
Out
Cast your vote

VW chairman Hans Dieter Poetsch, who bore the brunt of shareholder ire at this week’s annual general meeting over VW’s handling of the emissions-cheating scandal, but survived a bid to unseat him and will lead a probe.

thumb
Our Vote
In
Cast your vote

Economic Development Minister Ebrahim Patel. Downstream steel users are haemorrhaging jobs at an increasing rate, indicating the committee formed to probe the effects of import tariffs is too little, too late.

thumb
Our Vote
Out
Cast your vote

Calendar

Atlatsa Resources Atlatsa Resources AGM

Like us on Facebook


  • All Share : 51679.66
    Change: -3.56%
    Top 40 : 45570.39
    Change: -3.97%
    Financial 15 : 14703.45
    Change: -5.55%
    Industrial 25 : 70519.44
    Change: -3.49%
    Resource 10 : 29572.82
    Change: -2.75%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6138.69
    Change: -3.15%
    Dow Jones Industrial : 17400.75
    Change: -3.39%
    All Share : 51679.66
    Change: -3.56%
    ASX All Ordinaries : 0
    Change: 0.00%
    S&P 500 index : 2037.3
    Change: -3.60%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 15.0823
    Change: 5.22%
    ZAR/GBP : 20.5597
    Change: -4.26%
    ZAR/EUR : 16.7402
    Change: 2.34%
    ZAR/JPY : 0.147
    Change: 9.87%
    ZAR/AUD : 11.2613
    Change: 2.93%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • Gold US$/oz : 1315.6
    Change: 4.72%
    Platinum US$/oz : 984
    Change: 1.97%
    Silver US$/oz : 17.72
    Change: 2.78%
    Palladium US$/oz : 548
    Change: -2.84%
    Brent Crude : 48.38
    Change: -5.43%
    All data is delayed by 15 min
    Data supplied by Profile Data