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President Jacob Zuma's residence in Nkandla. Picture: SOWETAN/SUNDAY WORLD

Zuma compares Nkandla with apartheid George airport

17 hour(s) ago

President Jacob Zuma says he feels ‘persecuted’ by local media about upgrades, points to airport near home of PW Botha that was not built for ‘economic reasons’

Labour

Factional battles will lead to Cosatu’s collapse — Vavi

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

Cosatu general secretary warns that should the situation in Cosatu continue, where workers are divided due to factional interests, the federation would split in half

Business

First SMME colloquium will focus on ‘favourable tax regime’ for small business

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

Favourable tax regime for small business will be focus of first-ever gathering to develop master plan for newly created Department of Small Business Development

Energy

Nuclear vendor workshops will allow potential suppliers to strut their stuff

Picture: THINKSTOCK
15 hour(s) ago

Countries wanting to sell nuclear technology to SA will be able to parade wares in pre-procurement workshop to be hosted by Department of Energy

Business

Concern over revised empowerment codes

Picture: THINKSTOCK
9 hour(s) ago

Critics argue that period allocated for public comments is insufficient

Telecoms & Technology

Cape Town launches mobile transport app

Picture: BLOOMBERG
9 hour(s) ago

City of Cape Town says Where is My Transport app, which will map out all the different public transport services across the city, is the first of its kind in Africa

Mining

Norilsk Nickel sells stake in Nkomati Nickel

SPARKING GROWTH: An employee works in a ferronickel smelter owned by state miner Aneka Tambang  in the Pomala district in Indonesia's South Sulawesi province. The country accounts for roughly 7%  of the world's total nickel mine output. Picture:REUTERS
13 hour(s) ago

Russian mining company says sale of mine it shared with African Rainbow Minerals marks full exit from its African business

Mining

Royal Bafokeng Platinum delays start of new Styldrift mine

Picture: THINKSTOCK
20 hour(s) ago

Platinum producer says project is behind schedule, warns main shaft will be commissioned in second quarter of next year rather than first quarter

National

Sasol does not need to use registered mail to distribute AGM notices, says court

Picture: SOWETAN
17 hour(s) ago

Sasol is given permission to distribute notice of AGM to shareholders through means other than mail, because it believes Post Office will not deliver in time

Europe

Turkey to help Kurdish ‘peshmerga’ fighters reach besieged Syrian town

Turkish Kurds watch the Syrian town of Kobani from a hill near the Mursitpinar crossing, on the Turkish-Syrian border in the southeastern town of Suruc on Monday.  Picture: REUTERS
11 hour(s) ago

Turkey is facilitating passage of Kurdish ‘peshmerga’ fighters to besieged Syrian border town of Kobani, Turkish foreign minister says

Nhlanhla Nene.  Picture: SOWETAN

Nene juggles austerity and expectations

Nene is faced with a faltering economy, a revenue shortfall of R15bn or so, some big spending pressures and ever-rising government debt, writes Hilary Joffe

Columnists

Desired outcome of cadre deployment has collapsed under the unstable weight of the process designed to achieve it, writes Gareth van Onselen

The disintegration of cadre deployment under Zuma

Columnists

Aubrey Matshiqi promo

Aubrey Matshiqi examines some of the outcomes of the recent ANC Gauteng provincial conference

Proxy battles must not blind ANC to future needs

African News

Zambian president travels abroad for medical check-up

Zambian President Michael Sata.  Picture: REUTERS
14 hour(s) ago

Michael Sata leaves for medical check-up abroad at an undisclosed destination, his office says

African Business

IMF expects ‘robust growth’ in sub-Saharan Africa

Picture: THINKSTOCK
14 hour(s) ago

But International Monetary Fund warns that energy supply constraints, strikes, weak global and domestic demand will limit growth in SA

Americas

Lengthy to-do list awaits US Ebola czar

US Senator Sheldon Whitehouse, right, talks to Ron Klain at the US Capitol in Washington in this December 8 2009 file photo.  Picture: REUTERS
15 hour(s) ago

‘Problem solver’ Ron Klain will need to soothe jitters about virus, smooth over tension with legislators angry about missteps, mixed messages from government

Asia-Pacific

Japanese prime minister suffers setback as two ministers quit

Japan's Prime Minister Shinzo Abe reacts as he speaks to the media at his official residence in Tokyo, Japan, on Monday.  Picture: REUTERS
15 hour(s) ago

Two Japanese cabinet ministers resign over dubious use of political funds, dealing Prime Minister Shinzo Abe his biggest setback since he took office in December 2012

National

ANC MP Jackson Mthembu in ‘serious but stable’ condition after shooting

ANC spokesman Jackson Mthembu. Picture: SOWETAN
16 hour(s) ago

ANC MP Jackson Mthembu is rushed to Witbank Hospital after he is shot in Mpumalanga, in what appears to be armed robbery at ATM

Picture: THINKSTOCK

Big, white business owes it to SA to fight inequality

Big business — still largely white — has not contributed enough to tackling the SA’s huge developmental challenges, writes Ebrahim Harvey

Transport & Tourism

Sanral does a U-turn on Gauteng e-toll panel

Picture: SOWETAN
23 hour(s) ago

The about-turn may flag a subtle acknowledgement that the government is gradually losing the public relations battle against a resurgent anti-toll campaign

Asia-Pacific

Hong Kong crisis deepens after weekend clashes

Protesters attend a pro-democracy rally next to the Hong Kong government complex. Picture: AFP
16 hour(s) ago

Deepening sense of impasse grips Hong Kong as pro-democracy protests enter fourth week, government has limited options available

Telecoms & Technology

Icasa councillors mull legal battle on dismissals

Faith Muthambi. Picture: GCIS
23 hour(s) ago

Communications Minister Faith Muthambi may have to back down on a decision to have councillors removed from office or ‘face a court challenge’

Industrials

PPC investors set to force board’s hand

Ketso Gordhan. Picture: ARNOLD PRONTO
23 hour(s) ago

Ketso Gordhan, who resigned abruptly last month as CEO, is supportive of minority shareholders’ moves

African Business

SA mine in Guinea acts on Ebola risk

BIG FIGHT: Volunteers train at a Doctors Without Borders replica of Ebola treatment centres in Brussels, before being sent to help fight the spread of the deadly virus in Africa. Picture: AFP
23 hour(s) ago

In addition to an intensive education campaign, the mine — which employed 3,674 people last year, about half of them contract workers — conducts daily screenings

Mining

Wesizwe Platinum set for the ‘perfect storm’

The main shaft at Wesizwe’s Bakubung platinum mine in Rustenburg. Picture: SUNDAY TIMES
23 hour(s) ago

A weak platinum price, which could remain so for up to 18 months, had rendered a large number of shafts unprofitable and capital expenditure had been cut to a minimum, says chief operating office

Politics

Branches want Cele to lead ANC in eThekwini

Former national police commissioner Bheki Cele. Picture: SAPA
22 hour(s) ago

Former police chief was re-elected as an ordinary member of the NEC at the ANC’s Mangaung conference and is now agriculture, forestry and fisheries deputy minister

Financial Services

Old Mutual has billions left in UK after deal

Old Mutual. Picture: BLOOMBERG/SIMON DAWSON
23 hour(s) ago

The deal deepens Old Mutual’s commitment to the UK and is a sign that, despite its desire to grow in emerging markets such as Africa, it will not pull out of the UK anytime soon

National

Gambling board suspended over ‘breach of finance rules’

Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON
23 hour(s) ago

These include failing to prevent irregular, fruitless and wasteful expenditure and the use of a bank overdraft without the approval of the finance minister

Telecoms & Technology

Cellular companies retrenching hundreds

Picture: CHARLES GALLO/GALLO IMAGES
22 hour(s) ago

MTN, Telkom and Cell C are cutting hundreds of jobs to cut costs

Industrials

CEO resignation puts PPC in tough spot to find successor

Ketso Gordhan. Picture: MARTIN RHODES
23 hour(s) ago

Ketso Gordhan’s modest salary may put off candidates, as well as test the saleability of the idea of ‘conscious capitalism’

Markets

Platinum stock above ground remains a puzzle

Heaps of platinum ore before the refinery process. Picture: SUNDAY TIMES
23 hour(s) ago

Analysts predicted a surging market as a record five-month labour stoppage in SA wiped out more than 1-million ounces of output worth $1.28bn

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Cartoons

HEAVYWEIGHT: Sir John Sawers, head of the British Secret Intelligence Service. Picture: REUTERS

Master of spies for a new era

Changes were made in the UK’s secret services after the ‘weapons of mass destruction’ fiasco, writes Lionel Barber

Arts & Entertainment

CRUCIAL CD COLLECTION: The Dream Syndicate

23 hour(s) ago

There’s hardly a song on the original Days Of Wine And Roses album that I can’t instantly recall with pleasure more than thirty years later, writes Richard Haslop

Travel & Food

RESTAURANT REVIEW: Addis in Cape

Picture: THINKSTOCK
3 day(s) ago

Eugene Yiga takes some time out to savour an Ethiopian feast in a welcoming environment

Tefu Mashamatie.   Picture: GALLO IMAGES

Dominant Chiefs keep their head

Amakhosi’s 15-match ‘runaway train’ smashes Sundowns record

Soccer

Meyiwa to captain Pirates after his performances for Bafana

Orlando Pirates coach Vladimir Vermezovic. Picture: GALLO IMAGES/LEFTY SHIVAMBU
23 hour(s) ago

Just a few days after returning from another successful Fifa international week with Bafana, goalkeeper Meyiwa was awarded the captain’s armband ahead of Siyabonga Sangweni

Other Sport

Williams criticises ‘bully’ remarks

Serena Williams. Picture AFP/ROSLAN RAHMAN
23 hour(s) ago

Tennis star applauds swift action from the Women’s Tennis Association, which fined Russian federation chief Shamil Tarpischev $25,000 and banned him from tennis for a year

 
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S&P 500 1904.0100.91% up
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AUD/ZAR 9.6823-0.14% down
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Gold 1247.35000.06% up
Platinum 1272.00000.71% up
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Palladium 764.25001.09% up
Brent Crude Oil 85.4100.01% up
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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

Former PPC CEO Ketso Gordhan, who seems to have recruited enough shareholders to force the board to hold a special general meeting. Whether he has enough support to reconstitute the board remains to be seen.

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President Jacob Zuma, whose criticism of people who protest despite being better off than citizens of most other African nations makes him sound more like finger-wagging former president PW Botha by the day.

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Public Protector Thuli Madonsela, who has been awarded Transparency International’s annual Person of Integrity Award. It won’t help her funding problem, but she needs all the encouragement she can get.

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  • FTSE 100 : 6267.07
    Change: 0.00%
    Dow Jones : 16399.67
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    Hang Seng : 23080.58
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    ASX : 5307.30
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    S&P 500 : 1904.010
    Change: 0.91%
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  • ZAR/USD : 11.0229
    Change: -0.52%
    ZAR/GBP : 17.8132
    Change: -0.05%
    ZAR/EUR : 14.1071
    Change: -0.09%
    ZAR/JPY : 0.1031
    Change: -0.38%
    ZAR/AUD : 9.6823
    Change: -0.14%
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  • Gold : 1247.1950
    Change: 0.05%
    Platinum : 1272.0000
    Change: 0.71%
    Silver : 17.4055
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    Palladium : 764.2500
    Change: 1.09%
    Brent Crude Oil : 85.530
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