• Wednesday, October 22 2014
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Mining

Northam Platinum secures new BEE deal

Picture: THINKSTOCK
1 hour(s) ago

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

Financial Services

Old Mutual may grow stake in Indian insurance venture

Julian Roberts, group CEO of Old Mutual. Picture: FINANCIAL MAIL
5 hour(s) ago

An increase in shareholding would give Old Mutual higher exposure to the high-growth market of India, which boasts 1.2-billion people

Americas

Poll shows Rousseff has pulled ahead of rival

Brazil’s President Dilma Rousseff. Picture:  BLOOMBERG
33 minute(s) ago

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

National

Stalemate over NPA head rages on

Mxolisi Nxasana has been appointed national director of public prosecutions.  Picture: GCIS
5 hour(s) ago

Mxolisi Nxasana denies demanding R7.5m to go

Industrials

Foord claims enough shares to force vote

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

Second demand for special meeting on new board set for ‘later this week’

Politics

Vavi and Numsa back in the line of fire

Zwelinzima Vavi. Picture: PUXLEY MAKGATHO
5 hour(s) ago

The aim of the ANC’s intervention was to assist the federation in bringing about unity in its ranks

Health

Snoek and cycling do it for Cape Town

Cape Town cyclist. Picture: REUTERS/MIKE HUTCHINGS
5 hour(s) ago

Mother City’s middle classes are the happiest and most active inhabitants of SA’s six major cities

African Business

IMF warns African countries over eurobond borrowing spree

Rwandan President Paul Kagame. Picture: REUTERS
4 hour(s) ago

International Monetary Fund says African countries may face exchange rate risks and problems repaying debts

Nhlanhla Nene. Picture: TREVOR SAMSON

EDITORIAL: Nene needs to announce bold actions

Decisive steps must be taken to halt economic and fiscal deterioration

Columnists

Steven Friedman

After democracy, our leaders ducked a key task — how to tackle poverty and inequality without damaging wealth creation, writes Steven Friedman

SA needs hard bargaining rather than indabas

Columnists

Every five years Stats SA rebases and rebenchmarks the national accounts figures to bring them up to date, writes Hilary Joffe

Rebasing GDP is set to boost SA’s financial ratios

Energy

Project Ikhwezi eats into PetroSA assets

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
5 hour(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
4 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

Trade & Industry

Late government payments are ‘killing black-owned small businesses’

Public Works Minister Thulas Nxesi. Picture: PUXLEY MAKGATHO
5 hour(s) ago

Knock-on effects include inability to repay loans and to obtain tax clearance certificates for tendering purposes

Retail & Consumer

Tiger Brands plans to destroy recalled products

Picture: THINKSTOCK
5 hour(s) ago

Firm will destroy the 17,000 packs of Tastic Simply Delicious sauces and ready-to-eat rice products it is removing from retailer shelves

Business

Softer tax regime for philanthropy has a catch

African Rainbow Minerals chairman Patrice Motsepe briefs the media on the company's results on Friday.  Picture: MARTIN RHODES
5 hour(s) ago

Proposed legislative changes have been offset by restrictions requiring the distribution of all investment income earned on funds within five years

Picture: THINKSTOCK

EDITORIAL: Time for SA to start saving

Country's dismal savings rate is one of lowest in world

Economy

Leading economic activity indicator rises marginally

Nhlanhla Nene.  Picture: SOWETAN
5 hour(s) ago

Indicators such as these are key in helping policy makers determine how the economy is performing and the effectiveness of growth-focused policies

Trade & Industry

Vehicle production is recovering from strike

Picture: THINKSTOCK
5 hour(s) ago

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

Retail & Consumer

Taste targets wealthy consumers in Arthur Kaplan Jewellers deal

Taste Holdings CEO Carlo Gonzaga
5 hour(s) ago

Aims at satisfying demand for luxury Swiss watches in subequatorial Africa

Economy

DA presents its medium-term budget wish list

Mmusi Maimane, left, and Dion George address a press briefing on Tuesday.  Picture: TREVOR SAMSON
20 hour(s) ago

DA calls for cuts in government expenditure, including reduction in size of Cabinet, ahead of release of medium-term budget policy statement

Business

Amended BEE act to come into effect in October, says Davies

Trade and Industry Minister Rob Davies briefs the media on the amended black economic empowerment act on Tuesday.  Picture: GCIS
15 hour(s) ago

New office of BEE commissioner to be established and will be expected to deal with issues of fronting, says trade minister

Business

Five ways to get employees to speak

Picture: THINKSTOCK
4 hour(s) ago

When you’re the boss, how can you encourage your team members to have honest conversations with you — and to speak up when it’s important? Here are five tips

Financial Services

Wonga ‘won’t appoint acting CEO’

Kevin Hurwitz, CE of Wonga SA. Picture: SUPPLIED
5 hour(s) ago

Online microlender says the management team is ‘strong’ and does not plan to appoint an interim CEO after resignation of Kevin Hurwitz

Markets

Hedge funds can step up to the plate when markets are volatile

Picture: THINKSTOCK
20 hour(s) ago

Fund managers encourage investors to consider adding hedge funds to their portfolios to mitigate risk of falling markets

Europe

HSBC boss says EU banker bonus cap a ‘retrograde’ step

Picture: REUTERS
17 hour(s) ago

European rules to cap bankers’ bonuses at twice fixed pay are ‘retrograde step’ that could add to difficulty in recruiting staff to industry, head of Europe’s biggest bank says

National

‘Grossly negligent’ Oscar Pistorius sentenced to five years in jail

Oscar Pistorius during his sentencing on Tuesday. Picture: HERMAN VERWEY/EPA
1 day(s) ago

Pistorius is also handed three-year suspended sentence for contravention of firearms act, which will run concurrently

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Cartoons

EFFICIENCY: Hybrid cars look likely to remain popular. The Renault Sandero. Picture: QUICKPIC

VRROOM WITH A VIEW: For the love of hybrids

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

Cashing in on death means getting out of the grave and into the net café

Picture: THINKSTOCK
4 hour(s) ago

A San Francisco-based start-up wants to use technology to transform one of the last industries still to rely on pen and paper: funeral homes

Gadgets & Gear

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

Picture: THINKSTOCK
19 hour(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
4 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
4 hour(s) ago

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

 
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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

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.

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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.

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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?

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