• Wednesday, November 26 2014
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Nhlanhla Nene. Picture: TREVOR SAMSON

Government ‘eager to eliminate wasteful spending’

1 hour(s) ago

Finance Minister Nhlanhla Nene says there is ‘significant room’ for improving cost-effectiveness of service delivery, eradicating corruption

Retail & Consumer

Steinhoff deal to take Pep stores to Europe

Steinhoff CEO Markus Jooste. Picture: FINANCIAL MAIL
8 hour(s) ago

Steinhoff will use R15bn of the R18bn it raised from shareholders in July ahead of its planned listing in Frankfurt to partly fund the deal

Property

Vukile expects to grow distributions

Property fund. Picture: THINKSTOCK
5 hour(s) ago

Property fund says its forecast is based on assumption that macroeconomic environment will not deteriorate further, no major corporate failures will occur

Financial Services

Nedbank to merge corporate, investment banking units

Picture: RUSSELL ROBERTS
4 hour(s) ago

SA’s fourth-largest bank says Brian Kennedy, head of Nedbank Capital, will be responsible for merged unit from January 1

Education

Department of Higher Education concerned about varsity drop-outs

Picture: THINKSTOCK
1 hour(s) ago

Department of Higher Education and Training tells Commission for Gender Equality that more men than women fail to complete tertiary education courses

Energy

Eskom asks staff to quit to contain soaring costs

Picture: THINKSTOCK
16 hour(s) ago

Utility's net profit in the six months to September falls 24% to R9.3bn as it battles broken equipment and lower sales volumes

National

SA going bust gradually, Rupert warns

Johann Rupert. Picture: SUNDAY TIMES
8 hour(s) ago

Remgro executive chairman Johann Rupert launches a downbeat diatribe against the government at the company’s annual general meeting on Tuesday

Business

SARS exempts pensions from outside SA

Picture: GALLO IMAGES/FOTO24/CORNEL VAN HEERDEN
9 hour(s) ago

Tax paid on foreign pensions will be refunded once an assessment has been made

African News

Namibia prepares for Africa’s first e-vote

Picture: THINKSTOCK
2 hour(s) ago

Namibia will vote in Africa’s first electronic ballot on Friday, a general election that will usher in new president and quotas to put more women in government

Gwede Mantashe. Picture: RUSSELL ROBERTS

NEWS ANALYSIS: Backroom deals and task teams offer little hope to an ailing SA

It is exceedingly worrying that there is still space for politicians and their cronies to wreak further havoc in state institutions without consequence, writes Songezo Zibi

Columnists

Steven Friedman

Conflict that prompted Numsa’s expulsion is a symptom of deeper problems that unions need to address, writes Steven Friedman

Gap between leaders and members at heart of Cosatu’s troubles

Columnists

Changes to the System of National Accounts have made a significant difference to the way an economy is measured, writes Hilary Joffe

Revised growth rates are even more depressing

Americas

More troops deployed as protests spread across US

Police officers hold a line before advancing on protesters during the second night of demonstrations in Oakland, California, following the grand jury decision in the shooting of Michael Brown in Ferguson. Picture: ELIJAH NOUVELAGE / REUTERS
3 hour(s) ago

National Guard deployed to prevent second night of rioting, looting after grand jury declines to indict white policeman in fatal shooting of unarmed black teenager

Management

Promoting equality in SA’s ivory towers

Department of Higher Education and Training director-general Gwebinkundla Qonde.   Picture: SOWETAN
9 hour(s) ago

Officials defend ‘low number’ of female staff at senior and top management level

National

Best for swapped babies ‘to stay where they are’, report recommends

Picture: THINKSTOCK
2 hour(s) ago

Curator recommends that babies swapped at birth remain with non-biological parents who have raised them for past four years

Media & Advertising

Naspers has $1.65bn in online warchest

Picture: SHELLEY CHRISTIANS
8 hour(s) ago

Naspers CEO Bob van Dijk says the group will pursue acquisitions in online classifieds and the delivery of online content

The shadows of people holding cellphones fall onto a backdrop projected with the Twitter logo in this picture taken in Warsaw. Picture: REUTERS

What Twitter can tell
us about Ebola

Luminoso, an MIT Media Lab spinoff that helps companies monitor consumer sentiment, is revealing how online conversations may be shaping public opinion

Financial Services

Transaction Capital hints at interest in African Bank

Picture: MICHAEL ETTERSHANK
8 hour(s) ago

CEO David Hurwitz says company is very well placed in 'skill to absorb that type of collection activities'

Retail & Consumer

JSE newcomer Rhodes sets out its plans for listing proceeds

Bruce Henderson. Picture: EVAN HAUSSMAN
8 hour(s) ago

Along with making jam and canned fruit, the Western Cape-based company owns brands that include Magpie and Trout Hall

Europe

Algorithms in place to rescue gamblers

Ladbrokes. Picture: BLOOMBERG/CHRIS RATCLIFFE
7 hour(s) ago

A media backlash and political posturing ahead of the British national election next year has increased pressure on companies to show they are serious about tackling the problem of gambling

Economy

Survey shows marked rise in business confidence

Picture: THINKSTOCK
20 hour(s) ago

Increase stems from large improvements in building and manufacturing confidence — which more than compensate for a small decline in retail confidence

Europe

Pope tells ‘elderly and haggard’ Europe to lead again

Pope Francis. Picture: AFP
22 hour(s) ago

Argentinian pontiff warns the continent is becoming a spectator instead of a leader in an increasingly turbulent world

Economy

Reserve Bank’s leading indicator decreases in September

Reserve Bank
1 day(s) ago

SA’s composite leading business economic indicator falls 0.7% month on month in September 2014, Reserve Bank data show

Politics

Mabe to miss out on polls

Pule Mabe. Picture: SUNDAY TIMES
16 hour(s) ago

ANC’s top six downgrade elective conference to consultative conference

Business

State’s development scheme draws black industrialists

OPPOSITION: Black Business Council CEO Xolani Qubeka says sector codes amount to ‘window-dressing’. Picture: SUNDAY WORLD
9 hour(s) ago

A total of 28 black-owned companies register with the Department of Trade and Industry’s programme to develop black industrialists

Retail & Consumer

Activist group agrees truce with Woolworths

A Woolworths Food store with restaurant
9 hour(s) ago

But deal remains fragile as BDS accuses the retailer of distorting facts

National

Lawyers and officials at arms deal inquiry ‘have earned millions’

Michael Masutha. Picture: SYDNEY SESHIBEDI
9 hour(s) ago

The commission, led by Judge Willie Seriti, has so far cost the taxpayer more than R83m

Americas

Federal US government to mandate more calorie counts in US

Fast Food. Picture: BLOOMBERG FILE PHOTO
1 day(s) ago

Final labelling rules require restaurants with at least 20 locations to display calorie count of food items on menus

Americas

‘Micromanaging’ Obama may struggle to find new defence chief

Chuck Hagel. Picture: Picture: REUTERS, YURI GRIPAS
9 hour(s) ago

Washington insiders say Chuck Hagel was probably unhappy as he lacked the autonomy to do his job

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Cartoons

UNWRAPPED:  Ford executive chairman Bill Ford with the new Mustang, which might reach South African shores with right-hand drive.  Picture: QUICKPIC

VRROOM WITH A VIEW: Exciting cars in the pipeline

There may be deadlock in politics but next year will see some motoring novelties, writes Alexander Parker

Life

Planespotting: for the love of stalking aircraft

Boeing 787 Dreamliner. Picture: BLOOMBERG
8 hour(s) ago

Bernie Leighton is among the growing ranks of so-called avgeeks who gather and share images of aircraft

Travel & Food

Climate change a boon for Nordic grape growers

Grape pickers. Picture: REUTERS
20 hour(s) ago

Warmer temperatures and new, cold-resistant vines help push wine production into Nordic countries in rare positive spin-off from climate change

Picture: THINKSTOCK

Boks just as desperate for win as Wales

SA will go all-out to maintain proud record in UK and leave on a high

Soccer

Chiefs pull players out of Bafana squad for friendly

Brilliant Khuzwayo. Picture: GALLO IMAGES/LEFTY SHIVAMBU
8 hour(s) ago

Bafana Bafana are scheduled to play Côte d’Ivoire in a Nelson Mandela Challenge match at Mbombela Stadium this weekend

Rugby

Solid Lambie in driving seat for World Cup spot

Pat Lambie. Picture: GALLO IMAGES/STEVE HAAG
8 hour(s) ago

Also pulled off a perfectly weighted dink that led to a try for Cobus Reinach

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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

Communication Workers Union general secretary Clyde Mervin, for preventing a settlement of the Post Office strike despite the fact that 98% of employees have reported for work, including most of his members.

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Netcare CEO Richard Friedland. It’s a pity the group’s positive outlook is largely a product of a dysfunctional public health system, but let’s see it as another reason to celebrate the private sector.

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National Council Against Smoking head Yussuf Saloojee, for blaming rampant cigarette smuggling on the tobacco industry when the obvious culprits are excessive taxation and poor law enforcement.

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Opinion Poll

Governors of some US states are sticking to plans to quarantine healthworkers returning from countries with Ebola, despite pressure from the White House. What you think of these measures?

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