• Thursday, October 23 2014
  • Subscribe
  • Register
Nhlanhla Nene. Picture: ELMOND JIYANE

Nene administers tough love

41 minute(s) ago

Tough measures include tax increases, job freezes and across-the-board budget cuts to deal with low economic growth, high debt levels and lower than expected tax income

National

Madonsela under attack in Parliament

Thuli Madonsela. Picture: TREVOR SAMSON
17 minute(s) ago

Mathole Motshekga makes a dramatic accusations against Ms Madonsela, saying her office is ‘overbloated’ and that she is failing to manage her budget

National

New tack on funding state-owned enterprises

(Left to right) Deputy finance minister Mcebisi Jonas, SARS commissioner Tom Moyane, Finance Minister Nhlanhla Nene and finance DG Lungile Fuzile arrive for the medium term budget on Wednesday.  Picture: TREVOR SAMSON
36 minute(s) ago

Inter-ministerial team will make its recommendations in January after deliberations

Mining

No party cronies in BEE deal, says Northam

Lazarus Zim.   Picture: REUTERS/MIKE HUTCHINGS
35 minute(s) ago

Miner unveils long-awaited deal valued at nearly half its market capitalisation to take its empowerment to 35.4%

Industrials

MD Richard Tomes considers resigning from PPC

< 1 minute ago

Expert warns that ‘continuity of knowledge’ needed on board

Financial Services

HCI suspends Golding in wake of inquiry

Marcel Golding. Picture: TREVOR SAMSON
34 minute(s) ago

Executive chairman and co-founder responds by launching proceedings to lift his suspension and ‘to stay the disciplinary inquiry and to seek other relief’

Economy

NHI still a priority despite finance plan delays

BASIC RIGHT: Minister says the National Health Insurance scheme will make health services accessible an affordable to all.  Picture: THE TIMES
28 minute(s) ago

Treasury director-general Lungisa Fuzile declines to say why National Health Insurance target not met

Economy

Treasury still upbeat on growth in the long term

Eskom's Medupi station. Picture: ARNOLD PRONTO
27 minute(s) ago

Growth will improve over the next few years once electricity supply constraints are addressed and global demand grows stronger

Labour

Labour organisations welcome austerity promises

Nhlanhla Nene. Picture: TREVOR SAMSON
12 hour(s) ago

Call for fair settlement for SA’s 1.3-million public servants as Treasury warns that wage bill remains a primary threat to fiscal stability

Finance Minister Nhlanhla Nene delivers his medium-term budget statement on Wednesday.  Picture: TREVOR SAMSON

EDITORIAL: Nene not set to be Mr Popular

The finance minister is alive to the perilous fiscal situation SA finds itself in but not everyone will find his solutions palatable

Columnists

Anton Harber: Journalism is about providing families and histories and individuals with faces, rather than numbers and quantities

Ebola stories divide people into
‘others’ and US

Columnists

Most forex traders lose money; the most active learn nothing and see their losses mount over time, writes Michel Pireu

STREET DOGS: Forex losses accumulate for regular investors

Economy

Public services slashed, with some departments losing 4%

UPHILL BATTLE:  Members of liberation movement armies are going through a verification process before state benefits are granted. Picture: SOWETAN
28 minute(s) ago

General public services include the Treasury, the Department of Home Affairs, the Presidency, Parliament and provincial legislatures

African News

Dlamini-Zuma to visit countries at heart of Ebola crisis

Nkosazana Dlamini-Zuma. Picture: PUXLEY MAKGATHO
14 hour(s) ago

Chair of African Union Commission flies to West Africa to visit Guinea, Liberia, Sierra Leone, but will meet President John Mahama in Ghana first

Middle East

Syria says it shot down two of three ‘Islamic State warplanes’

Turkish Kurdish women mourn during the funeral of Kurdish fighters killed during clashes against Islamic State in Syrian town of Kobani, at a cemetery in the southeastern town of Suruc, Sanliurfa province on Wednesday. Picture: REUTERS
13 hour(s) ago

Syria’s air force destroys two of three warplanes reportedly seized by fighters of Islamic State group in north of country

Mining

Northam Platinum secures new BEE deal

Picture: THINKSTOCK
20 hour(s) ago

New black economic empowerment structure will give platinum producer 35.4% black ownership once stake held by Toro Trust is included

Europe

British doctors to get bonus for dementia diagnoses

A technique to make brains transparent, a breakthrough should give researchers an accurate picture of the pathways underlying both normal mental function and neurological illnesses from autism to Alzheimer’s. Picture: THINKSTOCK
11 hour(s) ago

National Health Service under fire for offering temporary rewards for GPs who refer patients

Picture: THINKSTOCK

Pilot schemes help ideas take off

Test cases can take some risk out of business ventures, writes Tim Harford

Americas

US consumer prices rise

Picture: THINKSTOCK
13 hour(s) ago

US consumer prices rise marginally in September, painting weak inflation picture that should give Federal Reserve ample room to keep rates low for a while

Economy

Inflation figures ‘good news’

Picture: THINKSTOCK
17 hour(s) ago

Headline consumer inflation for September slows to 5.9% year on year from 6.4% in August‚ Statistics SA figures show

Labour

ANC calls for disciplinary proceedings against Vavi to be ‘fair’

Zwelinzima Vavi. Picture: BLOOMBERG/NADINE HUTTON
16 hour(s) ago

African National Congress warns that ‘narrow procedural approach’ to disciplinary action against Zwelinzima Vavi may lead to further division

National

Tlokwe independent candidates case postponed

Picture: THINKSTOCK
10 hour(s) ago

Controversial 2013 by-election court case is postponed until January next year

Asia-Pacific

India to end decades-long ban on commercial coal mining

A worker sits on a truck being loaded with coal at a railway yard on the outskirts of the western Indian city of Ahmedabad this week. Picture: REUTERS
12 hour(s) ago

Prime Minister Narendra Modi’s decision to open commercial coal mining to private players is a key step towards bringing order to the country’s chaotic power industry

Americas

Poll shows Rousseff has pulled ahead of rival

Brazil’s President Dilma Rousseff. Picture:  BLOOMBERG
19 hour(s) ago

Brazilian President Dilma Rousseff appears to be favourite to win presidential election, although vote still too close to call

Trade & Industry

Vehicle production is recovering from strike

Picture: THINKSTOCK
23 hour(s) ago

Some companies worked their assembly plants at 100% capacity to make up lost production

Energy

Project Ikhwezi eats into PetroSA assets

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
1 day(s) ago

In the past year the project received an environmental authorisation and began a second well last October

African News

Elders question Nigerian claims of a ceasefire

A sign is pinned to a tree during a demonstration against the kidnapping of schoolgirls in Nigeria, outside the Nigerian Embassy in London. Picture: REUTERS
23 hour(s) ago

Lack of detail about agreement and complaints of exclusion by community leaders are fuelling scepticism about prospects of an end to five-year rebellion

View more

Cartoons

Economy

Experts not overly surprised by tax ‘bomb’

Nhlanhla Nene. Picture: TREVOR SAMSON
12 hour(s) ago

Minister’s budget ‘at a time when there is nothing left to cut from surpluses nor anything left to borrow’

Land & Agriculture

R1.1bn alloted to land claims probe

Picture: THE TIMES
16 hour(s) ago

Department of Rural Development and Land Reform expected to set aside R1.1bn to investigate land claims process that was reopened in June

Economy

Poor growth takes toll on tax revenue

(Left to right) Deputy finance minister Mcebisi Jonas, SARS commissioner Tom Moyane, Finance Minister Nhlanhla Nene and finance DG Lungile Fuzile arrive for the medium term budget on Wednesday.  Picture: TREVOR SAMSON
15 hour(s) ago

Corporate income tax, value added tax revised downward, while personal income tax collections are expected to exceed February budget estimate

Kebble’s murder trial on the big screen

Documentary takes a stab at simplifying the thicket of intrigue and characters in Brett Kebble’s ‘assisted suicide’

Motoring

VRROOM WITH A VIEW: For the love of hybrids

EFFICIENCY: Hybrid cars look likely to remain popular. The Renault Sandero. Picture: QUICKPIC
23 hour(s) ago

It is not only high prices that make me think the hybrid will live on — the fact is, I enjoy filling up once a month, writes Alexander Parker

Gadgets & Gear

Chewing too much hassle? Japan’s got just the thing

Picture: THINKSTOCK
1 day(s) ago

Tokyo-based gum-maker creates earphones that record number of times you move your jaw, along with speed and strength of each bite

Amakhosi  coach Stuart Baxter. Picture: REUTERS

New Swallows coach makes debut

Despite one training session with team, Fani Madida is upbeat ahead of clash with Chiefs

Soccer

Banyana are prepared for tough Nigeria clash

Picture: THINKSTOCK
23 hour(s) ago

It is never easy qualifying out of a group if one loses the opening game, and Banyana find themselves facing their nemesis

Rugby

Currie Cup final may feature Kriel

Lions coach Johan Ackermann. Picture: GALLO IMAGES/LEE WARREN
23 hour(s) ago

His perpetual motion has helped make him the competition’s leading try-scorer with nine dot-downs

 
All Share 48202.910.00% same
Top 40 43035.340.00% same
Financial 15 14104.450.00% same
Industrial 25 57932.000.00% same
Resource 10 48946.710.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6399.730.00% same
Dow Jones 16461.320.00% same
All Share 48202.910.00% same
ASX 5366.90-0.12% down
S&P 500 1927.110-0.73% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 11.01130.13% up
GBP/ZAR 17.67660.17% up
EUR/ZAR 13.91680.06% up
JPY/ZAR 0.1026-0.02% down
AUD/ZAR 9.6429-0.01% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1242.15000.03% up
Platinum 1265.00000.24% up
Silver 17.19500.03% up
Palladium 769.50000.33% up
Brent Crude Oil 84.570-0.17% down
All data is delayed by 15 min.
Data supplied by INET BFA
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

Presidential business adviser Sandile Zungu, for doing his job by reminding SA’s Cabinet ministers that the state-owned enterprises have boards that are supposed to operate independently, without undue political interference.

thumb
Our Vote
In
Cast your vote

Communications Workers Union general secretary Aubrey Tshabalala. Sasol Inzalo’s bid to bypass a rule requiring documentation to be posted to shareholders does not augur well for striking workers’ job security.

thumb
Our Vote
Out
Cast your vote

Arms deal commission head Judge Willie Seriti. Wouldn’t it be tragically ironic if subpoenaed witnesses who decline to testify because the inquiry has lost its credibility are the only people who are prosecuted?

thumb
Our Vote
Out
Cast your vote

Calendar

No event No event

Greening Your Business

Register for our comprehensive digital course to plan and implement your company’s sustainability.

Like us on Facebook


Top Stories

  • All Share : 48202.91
    Change: 0.00%
    Top 40 : 43035.34
    Change: 0.00%
    Financial 15 : 14104.45
    Change: 0.00%
    Industrial 25 : 57932.00
    Change: 0.00%
    Resource 10 : 48946.71
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6399.73
    Change: 0.00%
    Dow Jones : 16461.32
    Change: 0.00%
    Hang Seng : 23320.28
    Change: -0.36%
    ASX : 5366.90
    Change: -0.12%
    S&P 500 : 1927.110
    Change: -0.73%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 11.0109
    Change: 0.13%
    ZAR/GBP : 17.6774
    Change: 0.17%
    ZAR/EUR : 13.9179
    Change: 0.07%
    ZAR/JPY : 0.1026
    Change: -0.02%
    ZAR/AUD : 9.6426
    Change: -0.01%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1242.1000
    Change: 0.03%
    Platinum : 1265.0000
    Change: 0.24%
    Silver : 17.2100
    Change: 0.12%
    Palladium : 769.5000
    Change: 0.33%
    Brent Crude Oil : 84.590
    Change: -0.14%
    All data is delayed by 15 min
    Data supplied by INET BFA
Content