• Thursday, October 30 2014
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A group of men sit along a road looking for work. Picture: SUNDAY TIMES

Unemployment rate falls slightly in third quarter

8 minute(s) ago

Statistics SA data show that number of people in SA with jobs increases, rise in employment in both formal, informal sectors

Trade & Industry

Transnet coal terminal
put on hold

Brian Molefe.  Picture: PUXLEY MAKGATHO
9 hour(s) ago

Follows industry agreement struck with the major players to provide extra capacity to junior miners — Transnet Group CEO Brian Molefe

Economy

SA slips in World Bank Doing Business report

A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund and World Bank annual meeting in Tokyo in October 2012. Picture: REUTERS
3 hour(s) ago

Country falls to 43 out of 189 mainly as result of reforms made in field of getting credit, but researcher says slide may also be due to improvements in other economies

Economy

US interest rates may pose risk, says Reserve Bank

Reserve Bank
9 hour(s) ago

Focus has shifted from concerns about the end of the US quantitative easing programme to the effect of expected interest rates increases

Health

Proposed law on medical devices ‘could cost lives’

Precious Matsoso, director-general of health. Picture: FINANCIAL MAIL
8 hour(s) ago

Medical device manufacturers expressed concern that, given the MCC’s registration backlog, the new entity would get similarly bogged down unless it approached the job differently

Markets

Asian stocks fall after Fed’s optimistic statement

Picture: THINKSTOCK
5 hour(s) ago

Equities in Asia are weaker, dollar surges to three-week high against yen after Federal Reserve ends quantitative easing programme, as expected

Financial Services

African Bank’s ‘good’ spin-off seeks licence

Tom Winterboer.  Picture: RUSSELL ROBERTS
9 hour(s) ago

Ten new board members have been nominated, and are expected to be installed by end-November

Labour

NEWS ANALYSIS: Numsa departure may transform Cosatu

Picture: FINANCIAL MAIL
8 hour(s) ago

Cosatu will be dominated by public-sector workers — largely white collar and middle management — if Numsa departs with its factory-floor members

Financial Services

Sparks to fly at HCI meeting

Marcel Golding. Picture: SUNDAY TIMES
9 hour(s) ago

Shareholder activist Theo Botha is expected to question chief financial officer Kevin Govender’s trades in Ellies’s shares

Labour

Post Office dispute rages as union digs in

Post Office employees on a strike at the Witpost Mail Centre in Ormonde, Johannesburg.  Picture: BAFANA MAHLANGU
8 hour(s) ago

The union calls for state bail-out and assurance of 50% of all products and services that it is capable of providing to the government

Tito Mboweni.  Picture: FINANCIAL MAIL

Migratory and timid capital must give way to enterprise

There is plenty financial capital sitting in companies — and even pension funds — and we ought to look at ways to deploy this into economy, writes Colin Reddy

Columnists

Dilma Rousseff’s victory is surprising as she managed it despite a deteriorating economic position and poor outlook, writes Bronwyn Nortje

Brazil election a lesson for ANC

Columnists

Recent National Bureau of Economic Research papers show Mitt Romney may be right, writes Michel Pireu

Corporations
are people

National

Top officials flout rules on disclosures

Picture: THINKSTOCK
8 hour(s) ago

Submission of financial disclosure forms first to ministers and then to Public Service Commission is an important tool to combat corruption

Economy

Producer inflation slows in September

Picture: THINKSTOCK
1 hour(s) ago

Producer inflation slows to 6.9% year on year in September as lower global oil and food prices help ease some of burden on consumers

National

SACP wants exchange controls and state ownership of Sasol back

Higher Education and Training Minister Blade Nzimande addresses a press briefing after delivering his budget vote speech in Parliament on Tuesday.  Picture: TREVOR SAMSON
8 hour(s) ago

Proposals contained in a discussion document, Going to the Root, on the second, ‘radical’ phase of the national democratic revolution

Property

Redefine International raises dividend on better portfolio

Redefine Properties International CEO Mike Watters. Picture: FINANCIAL MAIL
9 hour(s) ago

Management, under the leadership of former South African Mike Watters, reports a hefty 68% increase in net profit and a 30% increase in earnings

National

Axed Zuma visit to UK played down as officials get to work

Trade and Industry Minister Rob Davies. Picture: MARTIN RHODES
8 hour(s) ago

After failing to get a meeting with Prime Minister David Cameron, Mr Zuma rejected an offer to meet with his deputy

National

More listening to the music of traffic in the city

Cape Town at night. Picture: THE TIMES
8 hour(s) ago

Residents in the Cape Town central business district want more restaurants, retail stores that stay open for longer and more delicatessen-type food stores

Picture: THINKSTOCK

‘Shaved’ celebrities fail to
cut to the truth

The problem lies in lazy marketing, the declarations of bravery and the narcissism of celebrities, writes Suhana Gordhan

Economy

Fears of crisis after QE ‘overdone’

The sun rises to the east of the US Federal Reserve building in Washington DC.  Picture: REUTERS
9 hour(s) ago

Most of the funds ended up invested in emerging markets where higher interest rates offer higher returns

Mining

Trans Hex clinches De Beers mine

Trans Hex CEO Llewellyn Delport. Picture: FINANCIAL MAIL
9 hour(s) ago

The transaction value is largely associated with Trans Hex assuming the rehabilitation liability of R166m

Financial Services

Pensions adjudicator clears complaints in-box

Picture: THINKSTOCK
7 hour(s) ago

Mainly due to the improved working relationship between the pension funds, administrators and the office of the adjudicator

African News

Mugabe censures feuds within Zanu-PF

Robert Mugabe. Picture: REUTERS/PHILIMON BULAWAYO
7 hour(s) ago

Africa’s oldest leader is expected to be confirmed as the party’s leader at the congress early in December

Europe

Data-sharing deal helps governments track tax evaders

German Finance Minister Wolfgang Schaeuble. Picture: REUTERS
7 hour(s) ago

Among the signatories are European Union countries and former staunch proponents of banking secrecy such as Liechtenstein and tax havens the Cayman Islands

Financial Services

Unit trusts feel African Bank fallout

Picture: FINANCIAL MAIL
7 hour(s) ago

Association for Savings and Investment SA reports first decrease in total assets under management for the industry since the 2009 financial crisis

National

Gauteng fails to place reports on websites

Phumla Williams, acting CEO of the Government Communication and Information System. Picture: TREVOR SAMSON
8 hour(s) ago

Half of provincial government departments had failed to publish their annual reports on their websites for the 2012-2013 financial year

African News

Scott leads Zambia for next 90 days

Guy Scott. Picture: REUTERS
7 hour(s) ago

He is ineligible to run for the presidency in the election because of citizenship restrictions, leaving Defence Minister Edgar Lungu and Finance Minister Alexander Chikwanda the most likely contenders

Markets Blog

MARKET BLOG: Gold market muted

Picture: BLOOMBERG
1 hour(s) ago

Physical buying ahead of the Diwali holiday helps push gold to its upper levels, but gold’s inability to build on those gains causes market to retreat, writes Dave Levenstein

Industrials

Astute Angolan buy boosts CIG profit

CIG CEO Raoul Gamsu. Picture: FINANCIAL MAIL
7 hour(s) ago

Company’s new Angolan investment hailed as one of its ‘savviest’ deals after it contributed just under a third of the group’s full-year profit

Telecoms & Technology

MICROmega sees rapid earnings rise this year

MICROmega CEO Greg Morris. Picture: RUSSELL ROBERTS
7 hour(s) ago

Investment group says it is in the early stage of a ‘rapid growth period’ and anticipates further rise in earnings in this financial year

Business

Centres will nurture entrepreneurs

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

Small and medium-size enterprises are expected to create 90% of the 11-million jobs envisaged by the National Development Plan by 2030

National

Cases against security companies rise

Picture: BUSINESS DAY
7 hour(s) ago

Controversy also brewing over bill which provides for foreign-owned security companies to ensure that 51% of their shares are owned by South Africans

Europe

Peshmerga fighters to help Kurds fight IS in Kobani

Kobani. Picture: REUTERS
6 hour(s) ago

Border town’s fate has become a key test of the US-led coalition’s ability to combat the Sunni insurgents

View more

Cartoons

William Kentridge.  Picture:   STRAUSS & CO

Historic art in rare appearance

A dedicated collector’s works will vie for attention at an auction featuring many famous artists’ names, writes Matthew Partridge

Motoring

INTERNATIONAL LAUNCH: Bouncer gets more finesse

Like Coca-Cola, the new X6 is a product of South Carolina. Picture: MARK SMYTH
7 hour(s) ago

Motor News travelled Stateside to experience the latest generation BMW X6

Arts & Entertainment

All that shimmers does not turn into gold

Picture:  UJ ART GALLERY
6 hour(s) ago

Robert Hamblin’s extensive photographic series, produced over the course of a year by making daily visits to the Dalebrook tidal pool near Kalk Bay, captures the tricks of light that can turn seawater into liquid gold, writes Chris Thurman

Senzo Meyiwa. Picture: GALLO IMAGES

Meyiwa’s funeral moves to bigger venue

All the PSL fixtures scheduled for Saturday and Sunday would go ahead as planned, with each game having a moment of silence before kick-off

Rugby

Meyer realistic about task ahead

THE BOSS: Springbok coach Heyneke Meyer said his 36-man training squad that will camp in Durban next week ahead of the incoming June tour, will have to step up a gear for a challenging programme this season. The Boks first face a World XV side as well as Wales and Scotland.   Picture:  GETTY IMAGES/IAN MACNICOL
7 hour(s) ago

Coach says Boks will have to be better than they were against All Blacks to win all four Tests

Cricket

Low-profile Kieswetter is a great catch

Picture: THINKSTOCK
7 hour(s) ago

Despite his low profile, the Johannesburg-born, Cape Town-educated England wicketkeeper-batsman is 48th on the list of highest run scorers in the format

 
All Share 48655.41-0.94% down
Top 40 43336.91-1.05% down
Financial 15 14701.99-0.70% down
Industrial 25 58946.14-0.57% down
Resource 10 47095.61-2.28% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6397.56-0.87% down
Dow Jones 16974.310.00% same
All Share 48654.31-0.94% down
ASX 5457.100.48% up
S&P 500 1982.3000.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.93800.87% up
GBP/ZAR 17.4866-0.10% down
EUR/ZAR 13.7662-0.31% down
JPY/ZAR 0.1003-0.26% down
AUD/ZAR 9.61920.19% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1204.2400-0.68% down
Platinum 1247.5000-0.42% down
Silver 16.6670-2.66% down
Palladium 789.50000.06% up
Brent Crude Oil 86.240-1.01% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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The Third Umpire

SABC chief operating officer Hlaudi Motsoeneng, for employing the “Stalingrad strategy” favoured by his mentor, President Jacob Zuma, to avoid accounting for his actions. Delay, obfuscate, appeal and delay again.

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Billionaire mining magnate Patrice Motsepe, who has donated $1m to the fight against the spread of Ebola in West Africa. The symbolism is invaluable; Africa needs to show it has the will to tackle its own problems.

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Human Settlements Minister Lindiwe Sisulu is right in saying the state does not have the resources to give everyone a free house, but her choice of age as a criterion is arbitrary and contrary to the constitution.

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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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  • All Share : 48655.41
    Change: -0.94%
    Top 40 : 43336.91
    Change: -1.05%
    Financial 15 : 14701.99
    Change: -0.70%
    Industrial 25 : 58946.14
    Change: -0.57%
    Resource 10 : 47095.61
    Change: -2.28%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6397.56
    Change: -0.87%
    Dow Jones : 16974.31
    Change: 0.00%
    Hang Seng : 23699.59
    Change: -0.51%
    ASX : 5457.10
    Change: 0.48%
    S&P 500 : 1982.300
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.9374
    Change: 0.87%
    ZAR/GBP : 17.4829
    Change: -0.13%
    ZAR/EUR : 13.7620
    Change: -0.34%
    ZAR/JPY : 0.1003
    Change: -0.30%
    ZAR/AUD : 9.6193
    Change: 0.20%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1204.2400
    Change: -0.68%
    Platinum : 1247.5000
    Change: -0.42%
    Silver : 16.6670
    Change: -2.66%
    Palladium : 789.5000
    Change: 0.06%
    Brent Crude Oil : 86.240
    Change: -1.01%
    All data is delayed by 15 min
    Data supplied by INET BFA
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