• Tuesday, September 23 2014
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Thomas Moyane appointed as new head of SARS

1 hour(s) ago

Presidency announces it has appointed Thomas Moyane as commissioner of South African Revenue Service effective September 27

Middle East

US, Arab allies bomb Islamic State in Syria

Syrians within a group of refugees wait near the Turkish-Syrian border after fleeing Syria, near Sanliurfa, Turkey. Picture: EPA/ULAS YUNUS TOSUN
10 hour(s) ago

Bahrain, Jordan, Qatar, Saudi Arabia and UAE take part in air raids in extraordinary show of regional solidarity against IS group


More questions than answers on SA’s nuclear deal

3 hour(s) ago

Analyst wonders whether deal with Rosatom State Atomic Energy Corporation is case if politics winning out over broader planning process

Media & Advertising

Times Media Group swings back into profit

Times Media Group. Picture: MARTIN RHODES
1 hour(s) ago

Media company says core operations performed satisfactorily in difficult environment as it focused on costs, efficiencies, growth, market share

Financial Services

Net1 credit unit’s future threatened

Net1 UEPS chairman and CEO Serge Belamant.  Picture: ROBERT BOTHA
9 hour(s) ago

Net1 threatened with the loss of its registration and the ability to operate because of its alleged breach of the National Credit Act

African Business

Transnet opens Maputo joint centre

2 hour(s) ago

Transnet and port and rail operators in Swaziland and Mozambique unveil Maputo Corridor joint operating centre, company says


Gordhan’s shock departure from PPC sparks fear for African plans

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

Ketso Gordhan resigns due to differences of opinion with the board, regarding board procedures for the approval of certain decisions, says PPC


Madonsela reveals ‘intelligence report’ on her activities

Thuli Madonsela. Picture: TREVOR SAMSON
10 hour(s) ago

Public protector faces hostile audience of officials


Release of crime statistics could become time of hope

Crime stats are part of SAPS performance report, which seeks to evaluate effects of programmes aimed at making SA safer, writes Musa Zondi


Nomalanga Mkhize

Precisely because Oscar Pistorius was so much larger than life, his demise does not touch sense of moral purity many conservative white South ...

Pistorius less a source of shame than Griekwastad


Successful campaign requires more than a revamped logo and demands a vision that inspires, writes Muthoni Maingi

Rebranding needs to be more than skin deep


Round two for SABC chief on claims of lying

Zandile Tshabalala, right.  Picture: PUXLEY MAKGATHO
9 hour(s) ago

Tshabalala says she has qualifications from the University of SA, which it denies, writes Bekezela Phakathi


Oil dynasty joins global warming fight

Global warming. Picture: THINKSTOCK
9 hour(s) ago

The Rockefellers, who made their vast fortune in oil, along with other philanthropies and high-wealth individuals to announce pledges to divest a total of $50bn from fossil fuel investments


Jack Ma rises to top of China’s rich list

SEEKING FUNDS: Alibaba chairman Jack Ma arrives at the Ritz-Carlton hotel in Hong Kong for a meeting with prospective investors on Monday, as the company began its road show for its imminent listing. Picture: BLOOMBERG
4 hour(s) ago

Alibaba Group Holding executive chairman is richest man in China, report underscores ascension of tech tycoons over property peers


Fraud found in upkeep of Cabinet homes

Thulas Nxesi. Picture: TREVOR SAMSON
9 hour(s) ago

Investigation into alterations to and maintenance of Cabinet ministers’ houses uncovers fraud and corruption running into millions

Reserve Bank governor Gill Marcus briefs Parliament’s finance committee in Cape Town on Wednesday. Picture: TREVOR SAMSON

EDITORIAL: Do not delay with Marcus successor

Presidency’s failure to make decisions timeously can be measured by the rand’s fall


Electronics giant Philips to split in historic move

Philips CEO Frans van Houten. Picture: REUTERS
5 hour(s) ago

Philips will split company in two, separating its healthcare-lifestyle division from lighting business in dramatic streamlining move


Pallinghurst sits tight on dividends

Pallinghurst chairman Brian Gilbertson. Picture: SOWETAN
9 hour(s) ago

Money being ploughed back into businesses but shareholders will be paid ‘in chunks’

Land & Agriculture

Western Cape calls for more speed in land redistribution

Alan Winde. Picture: FINANCIAL MAIL
9 hour(s) ago

Unofficial figures show that only 1.6% of agricultural land in Western Cape has been transferred to new farmers since 1994

Transport & Tourism

Engineering body stands up for e-tolling

PAY UP: An e-toll gantry on the N1 through Pretoria. Picture: SUNDAY WORLD
9 hour(s) ago

Debate on Gauteng highways told of ‘best solution’, writes Khulekani Magubane


Rockwell lifts sales with output boost

Rockwell Diamonds CEO James Campbell. Picture: FINANCIAL MAIL
8 hour(s) ago

Rockwell Diamonds increases production by 6% to 3,764 carats in the three months to end-August

Science & Environment

WWF launch drive to cut demand for rhino horn

9 hour(s) ago

World Wildlife Fund embarking on campaign to alter consumer behaviour to eliminate rhino horn demand in East Asian countries


Investec Australia fund rights issue eyes R1.2bn

10 hour(s) ago

Investec Australia Property Fund’s share price jumps as much as 7.8% to an intraday high of R12.29


Arms sales reports raise fears of fuelling regional conflict

Jeff Radebe.  Picture: TREVOR SAMSON
9 hour(s) ago

National Conventional Arms Control Committee Act expressly forbids transfer of weapons to regions that are in conflict

Middle East

Afghanistan election fails to yield legitimate government

Afghan President Hamid Karzai. Picture: REUTERS
10 hour(s) ago

The election of President Hamid Karzai’s successor produces a fragile compromise deal between rivals rather than a clear-cut winner chosen by voters


Clients vote for Standard as SA’s top retail stockbroker

WINNER: Standard Online Share Trading head Brett Duncan, centre, flanked by Financial Mail deputy editor Ron Derby, left, and Intellidex MD Stuart Theobald at the awards luncheon on Monday. Picture: CHRIS WESSELS
10 hour(s) ago

Standard Online Share Trading wins the overall award for best stockbroker, and the ‘people’s choice’ award

African News

Revised church death toll strains Nigeria relations

Rescue workers watch as an excavator removes rubble at the site of a collapsed building at the TB Joshua Synagogue Church of All Nations in Lagos on Wednesday. Picture: REUTERS/AKINTUNDE AKINLEYE
9 hour(s) ago

SA officials privately surprised and disappointed about lack of a statement of condolence by Nigeria’s federal government since building collapse


Coal of Africa leaps on sale of Mooiplaats to Blackspear

Coal of Africa CEO David Brown. Picture: ROBERT TSHABALALA
8 hour(s) ago

But share price has halved over past year, reflecting company’s constrained financial position and weak global coal prices


ANC wants limits on MPs’ freedom of speech

North West Premier Thandi Modise. Picture: GCIS
9 hour(s) ago

Chairwoman of National Council of Provinces, Thandi Modise, says MPs’ freedom of speech must be limited to ensure integrity of Parliament is maintained


SA streamlines company registration procedures, MPs hear

9 hour(s) ago

CIPC making strong gains in improving efficiency as it moves towards a paperless, electronic system of dealing with transactions


UN summit a key test for global climate fund

10 hour(s) ago

The climate summit is an opportunity for the developed world to demonstrate its financial commitment to securing a new global climate deal with poorer countries in 2015


Platinum stocks skid on residual effects of strike and metal prices

10 hour(s) ago

The JSE’s gauge of platinum mining stocks falls to the lowest since July 2013


Sharemax granted leave to appeal ombud ruling

10 hour(s) ago

Collapsed property syndicate likely to get its day in court in January


Grabouw groups behind service delivery protest announce plan

AT THE GATE: Protesters throw stones and taunt police on a third consecutive day of rioting in Grabouw last week. Police closed the N2 highway near Sir Lowry’s Pass and fired teargas and water cannon to disperse the crowds. Picture: THE TIMES/SHELLEY CHRISTIANS
22 hour(s) ago

Meeting between municipal representatives and role players behind last week’s protest in Grabouw leads to agreement on way forward

Land & Agriculture

District committees on cards to assist land reform programme, says minister

Picture: THE TIMES
22 hour(s) ago

All provinces should implement committees, which must benefit women, farm workers, youth, says Deputy Land Reform Minister Mcebisi Skwatsha


Siemens to buy Dresser-Rand to tap US shale gas boom

A street sign is pictured in front of a factory with the logo of Siemens AG company in Berlin in this October 9, 2012 file photo.  Picture: REUTERS
23 hour(s) ago

Germany’s Siemens agrees to buy US oilfield equipment maker Dresser-Rand for $7.6bn in cash, aiming to catch up with arch-rival General Electric

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Jonny Steinberg. Picture: TREVOR SAMSON

AUTHOR INTERVIEW: A twig full of wisdom

The story of a Somali trader from Cape Town also tells us about SA, writes Penny Haw

Arts & Entertainment

ON THE STAGE: Rainbow at Midnight

10 hour(s) ago

Show’s story and other vignettes are laced with tart, witty and reflective observations that have become Nataniël’s hallmark, writes Christina Kennedy


BOOK REVIEW: The Road of Excess

10 hour(s) ago

Ingrid Winterbach’s novel explores art, humanity and the balance between them, writes Natasha Faria

FIGHTING FIT: Springbok front rowers Tendai Mtwarira, left, and Jannie du Plessis during the Boks' training session at Cape Town Stadium on Monday. Picture: GALLO IMAGES/LUKE WALKER

Surgery could cut Louw out of tour

Bok doctor vows to ‘work hard’ to get him ready and lessen huge blow


The Don may have been the greatest batsman, but not a nice guy


Sir Donald Bradman could afford to be as cantankerous, impatient and unforgiving as he liked while he was scoring all those runs, writes Neil Manthorp

All Share 50086.67-0.79% down
Top 40 44894.46-0.77% down
Financial 15 14523.99-1.20% down
Industrial 25 59308.97-1.12% down
Resource 10 53500.250.22% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
FTSE 100 6685.93-1.29% down
Dow Jones 17155.88-0.10% down
All Share 50068.03-0.83% down
ASX 5415.900.00% same
S&P 500 1990.020-0.21% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
USD/ZAR 11.1277-0.34% down
GBP/ZAR 18.2066-0.33% down
EUR/ZAR 14.3199-0.16% down
JPY/ZAR 0.1023-0.34% down
AUD/ZAR 9.8488-0.63% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
Gold 1222.24500.61% up
Platinum 1335.70000.88% up
Silver 17.77900.23% up
Palladium 810.00001.50% up
Brent Crude Oil 96.890-0.08% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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The Third Umpire

ANC secretary-general Gwede Mantashe, whose appeal for Parliament to protect President Jacob Zuma from “humiliation and embarrassment” is misdirected. It is he who must change his attitude to accountability.

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Harvard professor Ricardo Hausmann, who expressed disappointment at the South African government’s indecisiveness on policy and apparent inability to implement its numerous economic growth plans.

Our Vote
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Former GlaxoSmithKline China head Mark Reilly, who will be deported back to the UK after pleading guilty to having bribed doctors to prescribe the company’s drugs and being handed a three-year suspended sentence.

Our Vote
Cast your vote


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  • All Share : 50069.30
    Change: -0.82%
    Top 40 : 44892.78
    Change: -0.78%
    Financial 15 : 14524.29
    Change: -1.20%
    Industrial 25 : 59299.11
    Change: -1.14%
    Resource 10 : 53489.80
    Change: 0.20%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6679.53
    Change: -1.39%
    Dow Jones : 17148.31
    Change: -0.14%
    Hang Seng : 23840.57
    Change: -0.48%
    ASX : 5415.90
    Change: 0.00%
    S&P 500 : 1990.580
    Change: -0.19%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 11.1227
    Change: -0.38%
    ZAR/GBP : 18.2069
    Change: -0.33%
    ZAR/EUR : 14.3180
    Change: -0.18%
    ZAR/JPY : 0.1022
    Change: -0.37%
    ZAR/AUD : 9.8501
    Change: -0.62%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1222.3500
    Change: 0.62%
    Platinum : 1335.0000
    Change: 0.83%
    Silver : 17.7800
    Change: 0.24%
    Palladium : 810.0000
    Change: 1.50%
    Brent Crude Oil : 96.780
    Change: -0.20%
    All data is delayed by 15 min
    Data supplied by INET BFA