• Tuesday, November 25 2014
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Picture: THINKSTOCK

SA lifts GDP by 1.4% in third quarter

10 hour(s) ago

Seasonally adjusted and annualised third-quarter gross domestic product rises 1.4% quarter on quarter, albeit ‘slightly lower than market consensus’

Retail & Consumer

Steinhoff enters record territory on Pepkor acquisition

Christo Wiese. Picture: TREVOR SAMSON
7 hour(s) ago

Steinhoff International touches levels last seen in early July as shareholders cheer company’s latest move to buy Africa’s largest retail chain, Pepkor Holdings

Politics

Mabe’s bid to become new ANC Youth League head takes a hit

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

Pule Mabe’s campaign to become new president hangs on outcome of extended ANC national working committee meeting to be held later on Tuesday night

Americas

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

Picture: THINKSTOCK
4 hour(s) ago

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

Europe

Pope tells ‘elderly and haggard’ Europe to lead again

Pope Francis. Picture: AFP
4 hour(s) ago

Argentinian pontiff warns the continent is becoming a spectator instead of a leader in an increasingly turbulent world

Energy

Ageing infrastructure, emergency measures hit Eskom’s profit, says CEO

Eskom's Medupi station. Picture: ARNOLD PRONTO
9 hour(s) ago

Ageing infrastructure, disproportionately expensive emergency electricity generation methods take toll on power utility, which sees net profit drop 24% to R9.3bn

African News

Suspected Ugandan rebels kill at least 100 in neighbouring Congo

8 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

Economy

Reserve Bank’s leading indicator decreases in September

Reserve Bank
10 hour(s) ago

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

Americas

Federal US government to mandate more calorie counts in US

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

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

Picture: THINKSTOCK

Six ways retailers can own 2015

Lynette Hundermark looks at current and future trends and the new tech of SA’s retail economy

Columnists

Even in the global city of London there are signs of unease over migrants and European Union membership, writes Marvin Meintjies

UK appears to be morphing into Little Britain

Columnists

Banks need to appoint directors with a diverse understanding of communities, writes Phakamisa Ndzamela

Don’t judge a sheep seller by his Basotho blanket

Retail & Consumer

Court bans in-store Woolworths protests

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

Pro-Palestine boycott group welcomes order to meet retailer’s representatives by December 10

Media & Advertising

Naspers to expand e-commerce platforms on Schibsted deal

Picture: SHELLEY CHRISTIANS
9 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 Business

Nigeria central bank devalues naira to halt losses to forex reserves

Picture: BLOOMBERG
4 hour(s) ago

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

Business

Cape Town harbour plans put Chevron SA refinery at risk, says CEO

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

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

Economy

Survey shows marked rise in business confidence

Picture: THINKSTOCK
3 hour(s) ago

Increase stems from large improvements in building and manufacturing confidence — which more than compensate for a small decline in retail confidence

AMBITIONS: US President Barack Obama, left, and Chinese President Xi Jinping drink a toast in Beijing on Wednesday. Picture: REUTERS

SA needs to make decisions on energy and act on them

Climate change policy should be central to realistic development programme, writes Mike Muller

Financial Services

Transaction Capital’s headline earnings drop 35%

Picture: THINKSTOCK
9 hour(s) ago

Headline earnings per share including now discontinued operations of Paycorp and Bayport are down 35% to 61c, Transaction Capital says

Labour

Hopes rise for Christmas mail as Post Office staff return to work

Siyabonga Cwele. Picture: TREVOR SAMSON
16 hour(s) ago

Strike at the Post Office appears to be over and management is hopeful mail delivery will have returned to normal in time for Christmas, following an ultimatum to employees to return to work or face being fired

Retail & Consumer

Rhodes Food Group ‘proves resilient in constrained environment’

Picture: THINKSTOCK
10 hour(s) ago

Rhodes benefits from strong trading for year to end September 28 in regional, international businesses, with offshore sales helping to stem effects of weak rand

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.
15 hour(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

Law & Constitution

Judgment reserved on revealing national key points

Picture: THINKSTOCK
16 hour(s) ago

Widespread speculation that the National Key Points Act was being abused meant there was an overwhelming public interest in knowing which places were national key points, court hears

Healthcare

Netcare to spend R2bn on expansion

Dr Richard Friedland, CEO of Netcare. Picture: FINANCIAL MAIL
16 hour(s) ago

Netcare to spend R2bn to expand facilities during its 2015 financial year in expectation of strong demand for hospital services, says CEO

Europe

French oil giant Total to face trial on Iran corruption charges

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

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

Politics

Gloves stay off amid stalemate in Parliament

Deputy President Cyril Ramaphosa responds to questions in the National Assembly.  Picture: GCIS
15 hour(s) ago

Attempts by Deputy President Cyril Ramaphosa and opposition parties to find each other fall flat

Industrials

Industrial gas plants add to Coega’s resources

POWER SUPPLY: This file picture shows Afrox MD Brett Kimber (right) at the group’s R300m air separation unit at Coega. With him are, from left, Afrox’s Corne Coetzee, the Coega Development Corporation’s Chris Mashigo and Afrox’s Rene Naidu. Picture: THE HERALD
15 hour(s) ago

Development zone will now be able to offer businesses a ‘fourth utility’ after electricity, water and fuels,

Retail & Consumer

Shoppers trust big brands in hard times

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

While they may purchase them, a majority of South African consumers say they are not loyal to store brands, study shows

National

Honeydew cluster is one of Johannesburg’s top crime hot spots

Police shoot at the robbers in Jeppestown, Johannesburg, after the they had earlier robbed a Pick n Pay store in Honeydew in this June 2005 file photo.  Picture: SOWETAN
16 hour(s) ago

Honeydew is part of Gauteng’s most dangerous region, according to statistics presented by the police to Parliament’s portfolio committee on community safety

Americas

US defence secretary buckles under criticism and resigns

Chuck Hagel. Picture: REUTERS/KEVIN LAMARQJUE
15 hour(s) ago

Chuck Hagel ‘candid’ with president but clumsy with media on campaigns in Afghanistan and Islamic State

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Cartoons

Grape pickers. Picture: REUTERS

Climate change a boon for Nordic grape growers

Warmer temperatures and new, cold-resistant vines help push wine production into Nordic countries in rare positive spin-off from climate change

Books

BOOK REVIEW: Times Comprehensive Atlas of the World

Picture: THINKSTOCK
15 hour(s) ago

Nothing like an atlas to put human endeavour into perspective, writes Sue Blaine

Arts & Entertainment

ON THE STAGE: Forever Plaid — a clever collaboration of old and young

Picture: THINKSTOCK
15 hour(s) ago

Off-Broadway musical revue is a story of vocal harmony group's return from the afterlife for one last hurrah, writes Christina Kennedy

Bryan Habana during the South African national rugby team training session at Stadio Plebiscito on Monday in Padua, Italy. Picture: GALLO IMAGES/STEVE HAAG

Wales are spoilt for choice for game against Springboks

But Bok squad will have to manage without their France-based players

Soccer

City vow to take the battle to unbeaten Amakhosi

Reneilwe Letsholonyane and George Maluleka during the Carling Black Label Cup match between Kaizer Chiefs and Orlando Pirates at FNB Stadium in July. Picture: GALLO IMAGES/LEFTY SHIVAMBU
15 hour(s) ago

Newfound form fires up Polokwane side ahead of clash with pacesetters

Cricket

Knee injury will keep Duminy out of SA squad for at least one more match

JP Duminy. Picture: GALLO IMAGES/DUIF DU TOIT
15 hour(s) ago

AB de Villiers reassures that South Africa’s the better team

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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?

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