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Top Companies 2014
Nhlanhla Nene. Picture: MARTIN RHODES

SA must take ‘clear steps’ to improve investment climate, says Nene

18 hour(s) ago

SA needs to take clear steps, based on National Development Plan, to improve investment climate if it wants to continue attracting multinationals, minister says

Companies

Runners a step ahead of commission

Picture: THINKSTOCK
1 day(s) ago

So-called ‘runners’ are interfering with the Companies and Intellectual Property Commission by bypassing its normal registration procedures for a hefty fee

Transport & Tourism

Sanral faces legal battle over toll-road secrecy bid

Picture: THINKSTOCK
1 day(s) ago

The application for secrecy on the grounds of ‘commercial confidentiality’ is highly unusual for a public entity

Property

‘Opportunities for holiday homes’

Tourists enjoy the sun on the beach during a summer day in Ballito on the KwaZulu-Natal north coast. Picture: SUNDAY TIMES
1 day(s) ago

There is a shortage of beach and midmarket family orientated resorts in SA’s time-share market, which presents opportunities for developers

Labour

Lack of funds derails Cosatu’s class action against Metrorail

Congress of South African Trade Unions Western Cape secretary Tony Ehrenreich. Picture: TREVOR SAMSON
1 day(s) ago

Cosatu says its has not been able to raise the money for the class action lawsuit or to find lawyers that can take on the case pro bono

Energy

Electricity tariffs set to rise next year after Nersa grants Eskom R7.8bn clawback

Picture: THINKSTOCK
2 day(s) ago

Electricity tariffs are set to rise by amount yet to be determined after National Energy Regulator of SA grants Eskom a partial recovery of costs

Mining

Sound cash flow from mines lifts Sibanye

Sibanye Gold CEO Neal Froneman. Picture: MARTIN RHODES
2 day(s) ago

Gold producer says it will pursue opportunities in platinum sector only as long as they underpin its dividend yield strategy

Transport & Tourism

Visitors ‘just have to bear new visa rules’

Picture: SUNDAY TIMES
2 day(s) ago

Those wishing to come to SA will have to take the pain of complying with new immigration regulations while the system is being perfected, says Gigaba

Land & Agriculture

Most land claimants ‘want to settle for money’

Picture: THE TIMES
2 day(s) ago

The Department of Rural Development and Land Reform has received 5,495 new claims

The Big Picture

Numsa members strike. Picture: PUXLEY MAKGATHO
Save jobs by not extending Numsa agreement, urges Herman Mashaba   Read More

Business

Cellphone, time-share firms scrutinised

Picture: THINKSTOCK
1 day(s) ago

Cellphone and timeshare firms are under the spotlight of the consumer authorities for their alleged abuse of consumer rights

Transport & Tourism

Sanral chairwoman resigns with immediate effect

Tembakazi Mnyaka. Picture: FINANCIAL MAIL
1 day(s) ago

Tembakazi Mnyaka cites personal reasons for her decision to resign and Transport Minister Dipuo Peters accepts resignation

Mining

NUM signs three-year wage deal with Kumba

Picture: MAKWENA MANAMELA
1 day(s) ago

Union reaches wage settlement with Kumba Iron Ore, securing a 17.5% increase for lowest category of employees

Standard Bank

KZN’s key position in SA’s economy is assured

Amrei Botha. Picture: STANDARD BANK
5 day(s) ago

Third-smallest province continues to punch above its weight category, its share of manufacturing sector is larger than all other provinces

Featured partner

Opinion

Make sure your branding is intact by the time your patents expire

Picture: THINKSTOCK

There is brand value to being first to market, lower cost alone may be insufficient to convert consumers to new generic on market, blogs Mark Smith

Picture: THINKSTOCK

EDITORIAL: Nersa’s hard task in uncertain times

The government needs to stop fiddling while the lights go out and come up with a clear energy mix and infrastructure funding policy

Health

Medical Research Council on drive to find private funders

Picture: THINKSTOCK
2 day(s) ago

Medical Research Council appealing to big business and ‘angel philanthropists’ for more money so it can do bigger and better science, it tells Parliament

Health

Plans to regulate where doctors work put on ice

Picture: THINKSTOCK
3 day(s) ago

Sama wants enabling act overhauled, saying it is unclear, unconstitutional and threatens doctors’ livelihoods

Retail & Consumer

SA craft lager earns gold at Berlin festival

Picture: STELLENBRAU
3 day(s) ago

SA’s burgeoning craft beer industry has been thrust onto the global map with a Stellenbosch-based brewer winning the best lager prize

Transport & Tourism

Sanral tries to keep Cape toll details secret

Picture: THINKSTOCK
4 day(s) ago

SA National Roads Agency will ask court to grant secrecy application, which will allow it keep details of proposed tolling of N1 and N2 highways confidential

Energy

Office park will sell solar power to City of Cape Town

Picture: THINKSTOCK
4 day(s) ago

Small, renewable energy projects in South Africa are starting to supplement the limited coal-fired power available from Eskom and the municipalities

Economy

Rise in liquidations shows businesses struggling to repay debt

Picture: THINKSTOCK
4 day(s) ago

Statistics SA data show number of liquidations rose by 3.1% to 199 in June 2014 compared with same period in 2013

Financial Services

Executives want more global guidance on tax planning

Picture: DAILY DISPATCH
4 day(s) ago

Survey shows participants favour greater co-operation by tax authorities to eradicate base erosion and profit shifting, writes Amanda Visser

National

Tribal landlords vote over mining royalty funds

3 day(s) ago

Divided Bapo ba Mogale community start voting over platinum miner Lonmin’s offer to swap royalties for an equity stake, which is estimated to be more than R1bn, excluding dividends

Trade & Industry

Lost jobs from steel strike ‘could go beyond car manufacturers’

DEMAND: Steel production takes place at the Baosteel GroupCorp. facilities in Shanghai, China.  Baosteel says iron-ore prices have further to fall. Picture: BLOOMBERG
5 day(s) ago

National Association of Automotive Components and Allied Manufacturers says the effect on sub-suppliers and their customers — producers of vehicles and components — will be considerable

Business Times

More tears for R699 scheme as staff revolt

Picture: THINKSTOCK
5 day(s) ago

Staff now accuse mastermind Albert Swart of cheating them out of pay

Business Times

PIC loses patience with bosses' pay

5 day(s) ago

The PIC has voted against the remuneration policies of 23 of the 59 investee companies that held AGMs in the June quarter

Telecoms & Technology

Gauteng to use new technology to screen suppliers, pay faster

Barbara Creecy.  Picture: PUXLEY MAKGATHO
8 day(s) ago

The new online platform will allow suppliers to send invoices directly to client departments and the provincial treasury

Opinion & Analysis

Passive investors need caution

Picture: MICHAEL ETTERSHANK
10 day(s) ago

We are clearly well into a rampant bull market, writes Alan Wood

Industrials

Oil and gas groups turn to equity raising

Picture: FINANCIAL MAIL
9 day(s) ago

Companies believe equity raising will be easier this year than in the past two years as Africa attracts more investor interest

Mining

Long-term focus on what is lucrative

BHP Billiton’s signboard outside Richards Bay. Picture: SUNDAY TIMES
9 day(s) ago

Dwindling production and prices for BHP Billiton’s thermal coal, aluminium and manganese operations underscored focus on more lucrative commodities

Energy

No movement on Coega refinery a year later

Picture: THINKSTOCK
9 day(s) ago

Transnet Pipelines says its strategy on future investment will be influenced by Project Mthombo, on which decisions had not yet been made

Opinion

Zuma’s daughter appointment sends wrong signal

Thuthukile Zuma speaks during the Jacob Zuma centenial lecture at Nelson Mandela Banquet Hall in Potchefstroom in this 2012 file picture. Picture: SOWETAN/SUNDAY WORLD/VATHISWA RUSELO

The rise of President Jacob Zuma’s daughter is a disincentive

Opinion

EDITORIAL: Sanral’s shaky confidentiality bid

Picture: FINANCIAL MAIL

As a state agency with no competitors, Sanral is on shaky ground claiming ‘commercial confidentiality’

Land & Agriculture

Treasury negotiates VAT proposal with farmers

Picture: THINKSTOCK
2 day(s) ago

Treasury is in talks with the agriculture industry to compromise on its proposal to scrap a value-added tax concession for the sector

National

SAA not suspending routes over Ebola

Samaritan's Purse medical personnel transport a person who died from the Ebola virus in the Case Management Center in Foya, Liberia. Picture: REUTERS/SAMARITAN'S PURSE
2 day(s) ago

SAA has not had notification from a ‘competent’ authority in SA to initiate travel-related health warnings to deal with the deadly virus, but ports of entry are on high alert

Retail & Consumer

Pressure on consumers is unrelenting, two separate surveys show

Picture: THINKSTOCK
2 day(s) ago

Consumer credit index stuck below crucial threshold for 10th consecutive quarter, while financial wellness barometer shows second annual decline running

Mining

Lonmin unveils R646m deal with Bapo ba Mogale community

Lonmin CEO Ben Magara. Picture: MASIMBA SASA
2 day(s) ago

Platinum producer also announces R100m cash payment to community as company strives to meet its black economic empowerment targets by end of this year

Opinion

We are redistributing — but not very cleverly

Yes, we are an unequal society, but our continuing problems are not caused by white monopoly capital

Opinion

The fear of failing in business is SA’s undoing

For the majority of the population, James Caan’s appeal to ‘embrace failure’ will take some time to take root

Labour

Employers at odds over strike settlement

Irvin Jim. Picture: PUXLEY MAKGATHO
4 day(s) ago

End to month-long strike welcomed amid fears that the full picture of its negative effect on economy is still to emerge

Retail & Consumer

Needy benefit as foreign hunters sell game meat cheaply

Adri Kitshoff , CEO of the Professional Hunters Association of SA. Picture: ROBERT TSHABALALA
4 day(s) ago

Professional hunters are selling game meat resulting from trophy hunts to butchers at a fraction of the price of traditional meat such as mutton and beef

Trade & Industry

Lost jobs from steel strike ‘could go beyond car manufacturers’

DEMAND: Steel production takes place at the Baosteel GroupCorp. facilities in Shanghai, China.  Baosteel says iron-ore prices have further to fall. Picture: BLOOMBERG
5 day(s) ago

National Association of Automotive Components and Allied Manufacturers says the effect on sub-suppliers and their customers — producers of vehicles and components — will be considerable

Energy

Earthlife Africa tells court Pelindaba smelter ‘illegal’

Picture: THINKSTOCK
5 day(s) ago

The lobby group wants it shut down as it says the possibility exists that it could be turned to commercial use which would result in SA becoming ‘a nuclear waste junkyard’

Business Times

Executives coin it on share-incentive plans

Sanlam CEO Johan van Zyl. Picture: FINANCIAL MAIL
5 day(s) ago

The public rarely gets a full insight into how extraordinarily generous share schemes for executives can be

Labour

Strike deadlock threatens centralised bargaining

Numsa general secretary Irvin Jim. Picture: PUXLEY MAKGATHO
5 day(s) ago

Numsa balks at Seifsa condition, as failure to end strike could precipitate collapse in central bargaining for a bargaining council

Telecoms & Technology

Solar computer is a product of Africa

IMPI Mk1. Picture: CAPSULE TECHNOLOGIES
5 day(s) ago

Capsule Technologies, a Cape Town-based technology firm, has designed Africa’s first solar-powered desktop computer running on Android

Business Times

Lonmin in murky BEE plan

6 day(s) ago

Lonmin stands accused of bulldozing through an empowerment deal with the Bapo Ba Mogale community, on whose land it has been mining for decades

Labour

Wages take back seat over ‘peace clause’ fight

Irvin Jim. Picture: MASIMBA SASA
8 day(s) ago

Numsa likely to reject latest offer unless it is adapted to preserve rights of workers to take action over shop-floor issues after a collective deal is struck

Business Times

Long way home for migrants' money

PERCEIVED THREAT: The ANC’s proposal to tighten immigration controls may increase the vulnerability of migrants, rights groups say. Picture: SOWETAN
5 day(s) ago

There are signs of a shake-up in growing remittance market, writes Asha Speckman

Business Times

'Nationalisation alone will fix capital's crime'

UP IN ARMS: Amcu members listen to leader Joseph Mathunjwa at Wonderkop Stadium in Marikana, near Rustenburg earlier this month. Workers’ show of force signalled their intention to continue striking. Picture: PUXLEY MAKGATHO
5 day(s) ago

The Association of Mineworkers and Construction Union's economist says good riddance as Amplats plans to sell its mines, writes Chris Barron

Telecoms & Technology

Telkom bid to end reform stalemate

Telkom CEO Sipho Maseko. Picture: ARNOLD PRONTO
8 day(s) ago

Company hopes for union deal on job cuts as it hires one of SA’s top labour mediators to resolve the impasse

Energy

Ramaphosa says state will be able to finance energy projects

CONFIDENT: Deputy President Cyril Ramaphosa addresses journalists after his budget vote speech on Thursday. Picture: TREVOR SAMSON
8 day(s) ago

Government is confident that ways will be found to finance SA’s energy needs, including the nuclear programme, says Deputy President Cyril Ramaphosa

Mining

Wider probe into mining royalty funds

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

More than R300m in mining royalties is missing from an account of Rustenburg’s Bapo ba Mogale community

 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.67880.04% up
GBP/ZAR 17.97100.04% up
EUR/ZAR 14.34200.03% up
JPY/ZAR 0.10410.10% up
AUD/ZAR 9.94310.11% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1294.21000.04% up
Platinum 1463.50000.31% up
Silver 20.31500.12% up
Palladium 865.00000.58% up
Brent Crude Oil 104.8400.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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