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Acting director-general in the Department of Energy Wolsey Barnard, right, and deputy director-general for nuclear energy Zizamele Mbambo. Picture: PUXLEY MAKGATHO

SA resolute on nuclear build

14 minute(s) ago

SA will categorically procure 9,600MW of nuclear energy despite the government not having an accurate understanding of what this might cost, says the Department of Energy

Business

Kagiso PMI recovers in September

Picture: THINKSTOCK
18 hour(s) ago

Purchasing managers index is above 50 for first time in five months as business activity picks up after strike in steel, engineering sectors

National

Makhura sees ‘no need to declare dispute’ if e-toll review findings negative

David Makhura. Picture: PUXLEY MAKGATHO
13 hour(s) ago

Gauteng premier says he sees no need to declare intergovernmental dispute or seek referendum if panel concludes system is negatively affecting province’s economy

Industrials

Strong demand lifts September new vehicle sales

Picture: REUTERS
11 hour(s) ago

Strong demand from local dealerships and car rental firms in September provide support for the local automotive industry

Financial Services

Banking confidence remains flat in third quarter, EY index shows

Banking customers. Picture: THINKSTOCK
15 hour(s) ago

Overall banking confidence for third quarter is 57 index points, well below long-term average of 74, according to EY banking confidence index

Labour

Nehawu demands 15% wage increase

Picture: THINKSTOCK
16 hour(s) ago

National Education Health and Allied Workers Union says it will begin series of protest marches over poor government services

Asia-Pacific

Tutu backs Hong Kong protesters

Archbishop Emeritus Desmond Tutu. Picture: TREVOR SAMSON
13 hour(s) ago

South African Nobel peace laureate Desmond Tutu backs pro-democracy protests in Hong Kong and calls on Bejing not to ‘fear will of its people’

Education

Motshekga’s car seized over teachers’ pay

Basic Education Minister Angie Motshekga. Picture: TREVOR SAMSON
23 hour(s) ago

Luxury cars used by Basic Education Minister Angie Motshekga and her director-general are attached after the government fails to pay more than R28m owed to teachers

Picture: SOWETAN

EDITORIAL: SAA’s story offers some hard lessons

Serious consideration should be given to merging SAA, SA Express and Mango

Columnists

Gideon Rachman promo

In the interests of Hong Kong, China, the economy and political stability, it is crucial Beijing it gets its next move right, writes Gideon Rachman

How China handles Hong Kong is going to be crucial

Columnists

In the world of investing, never underestimate the willingness of people to believe in the most outlandish of things, writes Michel Pireu

Sir Roger, a cautionary tale

World

World Bank head says Ebola outbreak highlights economic inequality

World Bank president Jim Yong Kim. Picture: REUTERS
10 hour(s) ago

It is equally important to stem the tide of fear that ‘can cause 80% to 90% of the economic impact’

World

IMF says banker bonus caps do not cut risks

Picture: REUTERS
10 hour(s) ago

Some banks have avoided EU-imposed curbs by restructuring executives’ salaries and boosting allowances

Middle East

Netanyahu to seek reassurances from Obama on Iran

SCEPTIC: Israeli Prime Minister Benjamin Netanyahu addresses the 68th session of the United Nations General Assembly in New York on Tuesday. Picture: REUTERS
14 hour(s) ago

Obama and Netanyahu face differences over Iranian diplomacy and Middle Eastern peace efforts, as well as complications from US-led fight against Islamic State

Europe

Adidas seeks to placate investors with share buyback

Shareholders of Adidas, the world's second-largest sports apparel firm, arrive for the company annual general meeting in the northern Bavarian town of Fuerth near Nuremberg in this May 8 2014 file photo.   Picture: REUTERS
15 hour(s) ago

German sportswear maker, facing investor discontent after series of profit warnings, plans to return as much as €1.5bn to shareholders over next three years

Paul Mashatile. Picture: SUNDAY TIMES

Banking on a vote-winner

It is not clear whether Paul Mashatile has done much research into the nuts and bolts of his ambitious plan to create a state bank

Finance Blog

South Africa’s broadband policy reflects state’s failure

Picture: THINKSTOCK
16 hour(s) ago

According to South Africa Connect — the national broadband policy — government is asking the country to wait until 2030 for universally accessible broadband

Middle East

New Afghan leader renews probe into bank scandal

Ashraf Ghani. Picture: EPA/OMAR SOBHANI
14 hour(s) ago

President Ashraf Ghani orders new investigation into $900m fraud that derailed Kabul Bank, underlining his determination to crack down on rampant corruption

Europe

France warns crisis to linger with slow growth, high deficits

Picture: THINKSTOCK
15 hour(s) ago

Crisis-hit France admits it will suffer from slow growth and high budget deficits for next three years at least, as it unveils gloomy annual budget

Asia-Pacific

Turkey considers military action against Islamic State

MISSING: A relatives of one of the Lebanese soldiers kidnapped by fighters linked to the radical Sunni Islamic State (IS) and al-Nusra Front (JAN), attaches positions a poster with pictures of those kidnapped on  a tent in Martyrs’ Square, in Beirut, Lebanon, on Wednesday. Picture: EPA/NABIL MOUNZER
15 hour(s) ago

Turkey indicates it may send troops into Syria or Iraq, allow allies to use its military bases to fight Islamic State as coalition jets launch air strikes on insurgents

African Business

Glencore-owned Mopani suspends mining projects in Zambia

Picture: THINKSTOCK
17 hour(s) ago

Mopani Copper Mines says it has suspended some of its planned $800m Zambian copper mining projects after government withheld $200m in tax refunds

Middle East

Iran’s Nobel laureate Ebadi ‘surprised’ at silence on Dalai Lama visa row

Archbishop Emeritus Desmond Tutu. Picture: REUTERS
15 hour(s) ago

Tutu should speak out against SA’s decision to bar entry to spiritual leader who China regards as a separatist

World

Sales recovery wobbles in Paris motor show spotlight

An employee prepares a Citroen C4 Cactus car, which is displayed at French carmaker Citroen's showcase for the Paris Mondial de l'Automobile on Tuesday.  Picture: REUTERS
12 hour(s) ago

Fuel-efficient small cars and compact SUVs expected to dominate

National

Mashatile sets sights on state bank

Paul Mashatile, ANC chairman in Gauteng. Picture: PUXLEY MAKGATHO
1 day(s) ago

ANC in Gauteng seeks creation of a state bank that would function like a commercial bank to fund radical economic transformation, says provincial chair

Americas

Traveler from Liberia is first Ebola patient diagnosed in US

Centres for Disease Control and Prevention (CDC) director, Dr Thomas Frieden, speaks at the CDC headquarters in Atlanta, Georgia on Tuesday. Picture: REUTERS
23 hour(s) ago

Health authorities say they are taking every step possible to ensure the virus does not spread widely

Transport & Tourism

SA Express, SAA fail as ‘going concerns’

A South African Airways Airbus A320. Picture: SAA
1 day(s) ago

Two of the state’s airlines are so financially stricken that they cannot meet the criteria of a going concern unless they get more financial support from the government

Europe

Financial watchdog to investigate Tesco

ONLINE SHOPPING:  Tesco says it is building its online business to attract more big-spenders. Picture: BLOOMBERG/SIMON DAWSON
15 hour(s) ago

Financial Conduct Authority to launch investigation into accounting scandal that wiped £3bn from market value of troubled UK grocer

Business

Uptick in business confidence ‘could last’

Picture: THINKSTOCK
21 hour(s) ago

Business confidence levels among local producers rises in the third quarter, with expectations of further improvement — provided no labour strikes occur

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Cartoons

WORK OF ART: A ring from jeweller Anna Hu's collection. Last year Hu set the world auction record when her brooch sold for $4.6m. Picture: ANNA HU

Chinese jeweller Anna Hu makes her mark

Cross-cultural appeal of her work is reflected in number of western outlets that stock her designs

Health

Hi-tech answer to a low-grade knee

Penny Haw promo
1 day(s) ago

Penny Haw turns to technology to help support her failing knees

Arts & Entertainment

JAZZ: Pablo Lapidusas International Trio

Pablo Lapidusas International Trio (P.L.I.N.T.). Picture: SUPPLIED
1 day(s) ago

If trio returns to SA, as they hope, there will not be a repeat performance of last weekend, writes Gwen Ansell

DETERMINED: Schalk Burger hard at work during the Springbok training session at Nelson Mandela Bay Stadium in Port Elizabeth on Wednesday. Picture: GALLO IMAGES/STEVE HAAG

Burger fired up to do what it takes

After robust return to Boks, Schalk Burger is eager to play role in ‘soul-stirring’ clash against All Blacks at Ellis Park

Opinion

Move on up into 2014 — the era of the packed stadium is over

Picture: THINKSTOCK

Cricket has been wringing its hands and pining for two decades now, and it’s time it grew up and accepted that the relationship is over

 
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FTSE 100 6557.520.00% same
Dow Jones 16804.710.00% same
All Share 48875.030.00% same
ASX 5297.30-0.70% down
S&P 500 1946.160-1.32% down
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Gold 1219.40000.54% up
Platinum 1291.00001.16% up
Silver 17.29850.77% up
Palladium 785.50001.35% up
Brent Crude Oil 94.2000.04% up
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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

Public Works Minister Thulas Nxesi, for calling a media briefing to explain his department’s R34.8bn in irregular expenditure, pre-empting the release of its annual report. Now let’s see what he does about it.

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Water and Sanitation Minister Nomvula Mokonyane, who has called for cable theft to be treated as economic sabotage. That’s all very well, but it will have little effect as long as most of the “saboteurs” are not caught.

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Out
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Capitec CEO Gerrie Fourie. The bank posted a 21% rise in headline earnings for the six months to August, underscoring the difference between its business model and that of failed competitor African Bank.

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