• Wednesday, November 26 2014
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Picture: THINKSTOCK

Eskom asks staff to quit to contain soaring costs

8 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

Retail & Consumer

Steinhoff deal to take Pep stores to Europe

Steinhoff CEO Markus Jooste. Picture: FINANCIAL MAIL
1 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

National

SA going bust gradually, Rupert warns

Johann Rupert. Picture: SUNDAY TIMES
1 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
2 hour(s) ago

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

Retail & Consumer

Activist group agrees truce with Woolworths

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

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

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
2 hour(s) ago

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

Columnists

Realise that Eskom alone cannot solve our power crisis

Picture: THINKSTOCK
2 hour(s) ago

The intermittent nature of wind and solar energy is easily complemented by gas turbines to meet demand, writes Anton Eberhard

National

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

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

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

Americas

‘Micromanaging’ Obama may struggle to find new defence chief

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

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

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

Management

Promoting equality in SA’s ivory towers

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

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

Politics

Mabe to miss out on polls

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

ANC’s top six downgrade elective conference to consultative conference

Business

Chevron lays out its fears over plans for oil-storage terminal

Two men pass a long-liner docked at Cape Town harbour.  Picture: SUNDAY TIMES
14 hour(s) ago

CEO Stephen King warns that storage venture at Cape Town harbour could have an estimated R220m impact on Chevron SA

Media & Advertising

Naspers has $1.65bn in online warchest

Picture: SHELLEY CHRISTIANS
1 hour(s) ago

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

African News

Bomb blasts rock Nigeria

Boko Haram. Picture: AFP PHOTO/OLATUNJI OMIRIN
1 hour(s) ago

More than 45 people die in twin bomb blasts, including one by a female suicide bomber, at a packed market in the Nigerian city of Maiduguri

Mineral Resources Minister Susan Shabangu, left, accompanies Small Business Development Minister Lindiwe Zulu during the fracas in the National Assembly on Thursday.  Picture: TREVOR SAMSON

EDITORIAL: Restore respect to house

A dysfunctional Parliament is in danger of providing respectability to misrule

Financial Services

Transaction Capital hints at interest in African Bank

Picture: MICHAEL ETTERSHANK
1 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
1 hour(s) ago

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

Economy

Survey shows marked rise in business confidence

Picture: THINKSTOCK
13 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
14 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
19 hour(s) ago

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

National

Kumba sets bar high in building of ‘new Dingleton’ as mine expands

An aerial view of the host site of the relocation and the town of Kathu. Some of the 3,131 Dingleton residents have already been moved and the resettlement project will be concluded in 2017.
1 day(s) ago

Kumba Iron Ore has spent twice as much money on relocating one community as the amount the government has ring-fenced for the improvement of distressed mining towns around the country

Americas

Federal US government to mandate more calorie counts in US

Fast Food. Picture: BLOOMBERG FILE PHOTO
17 hour(s) ago

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

African Business

Nigeria central bank devalues naira to halt losses to forex reserves

Picture: BLOOMBERG
14 hour(s) ago

Governor Godwin Emefiele warns that efforts to defend the naira have hurt ‘dwindling foreign reserves’

Americas

US third-quarter growth revised higher on consumer, business spending

Picture: THINKSTOCK
14 hour(s) ago

Spending on residential building rises, helping to offset downward revisions to export growth and government spending

Europe

French oil giant Total to face trial on Iran corruption charges

Christophe de Margerie.   Picture: CHRIS RATCLIFFE/BLOOMBERG
17 hour(s) ago

Total ordered to face trial over charges it bribed officials in Iran to acquire oil and gas concession, says judicial source

Media & Advertising

Naspers to expand e-commerce platforms on Schibsted deal

Picture: SHELLEY CHRISTIANS
19 hour(s) ago

Internet and media group will further expand e-commerce platforms in Latin America, Southeast Asia after reaching agreement with Oslo-based Schibsted

African News

Suspected Ugandan rebels kill at least 100 in neighbouring Congo

17 hour(s) ago

Congolese officials, aid agencies blame this and other recent attacks on Allied Democratic Forces, a secretive rebel group founded by Ugandan radical Islamist sect

View more

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
41 minute(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
12 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
1 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
1 hour(s) ago

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

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.
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The Third Umpire

Energy Minister Tina Joemat-Pettersson. Isn’t it strange how the appointment of the chairman of the PetroSA board suddenly has nothing to do with her when her “recommendation” for the post proves problematic?

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Outspoken right-wing musician Steve Hofmeyr, for going to court to silence a critic who has put sponsors under pressure to withdraw their support for his music. If you dish it out, you need to be able to take it.

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2014 Formula One world champion Lewis Hamilton, whose victory in the Abu Dhabi Grand Prix at the weekend sealed his second driver’s title and made him the first British multiple champion in 46 years.

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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?

Calendar

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