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Amplats plan to retrench 474 workers reignites NUM’s anger

Largest platinum producer says it has found permanent places for 774 of the 1,248 employees identified for retrenchment

Telecoms & Technology

Three reasons you should be wary of free Wi-Fi


Public Wi-Fi is almost everywhere — in coffee shops, libraries, even airports, but there are hidden security risks you need to consider

Retail & Consumer

Tribunal agrees settlement terms for cycle cartel

Retailers colluded to drive up the prices of bicycles and cycle accessories. File picture: SOWETAN

Settlement agreements for majority of 20 bicycle dealers hauled before Competition Tribunal in price-fixing scandal


Former chief justice Ngcobo to untangle SARS spy scandal

SARS head Tom Moyane, left, Finance Minister Nhlanhla Nene, centre, and deputy minister Mcebisi Jonas. File picture: PUXLEY MAKGATHO

Sandile Ngcobo lined up as the next arbiter in the furore around the establishment of a covert unit in the South African Revenue Service


SARS spy unit ‘was a waste of money’

Tom Moyane. Picture: TREVOR SAMSON

Kroon board’s findings vindicate actions by new tax office commissioner Tom Moyane

Telecoms & Technology

Telkom earnings to rise on savings from lower mobile termination rates

Telkom. Picture: SUNDAY TIMES

Telkom expects full-year earnings to rise by between 40% and 60%, mainly due to significant cost savings achieved after regulator lowered termination rates last year


STREET DOGS: Financial advisers to avoid

There are stock types to avoid at all costs when it comes to sound investment advice

An Eskom employee at work at Eskom's Medupi power station.  Picture: SOWETAN

Bonus row haunts Medupi ahead of probe outcome

Industrial action has added more delays to a construction project that is over schedule and over budget

Standard Bank

The correct financing for a franchise can heighten chances for success

Ethel Nyembe. Picture: STANDARD BANK

Careful evaluation and management of the numerous options available to fund a franchise should see you on the path to commercial success and wealth

Featured Partner

Transport & Tourism

SA to head UN aviation security panel

Picture: THE TIMES

SA Civil Aviation Authority director Poppy Khoza will serve as chair of United Nations panel tasked with enhancing civil aviation security around the world


World Bank economist affirms support for Eskom will continue

Francisco Ferreira. Picture: WORLD BANK

The World Bank will continue to offer financial and technical assistance to struggling power utility Eskom, says the bank’s Africa region chief economist

Media & Advertising

MultiChoice Africa to televise SABC archive channel


Public broadcaster says research shows there is huge demand for SABC content from the 1980s and 1990s

Lionel October. Picture: MARTIN RHODES

Backlog grows as claims for machine upgrade grants surge

Applications logjam for incentives offered by Department of Trade and Industry shows huge appetite among companies to become competitive


Number of liquidated businesses rises to 208 in March from 158 in February


Statistics SA data shows number of liquidated businesses rises to 208 in March from 158 in February in challenging business operating environment

Media & Advertising

Opposition to digital TV policy grows

BEAMING: A satellite dish at MultiChoice's headquarters in Johannesburg. Picture: THE TIMES

Pressure group Namec joins e.tv’s bid to have major elements of the digital migration policy set aside


Shift to green buildings is growing

Sophisticated, modern and trendy, Volkswagen head office is a prime example of a green-star rated building. The state-of-the-art structure was erected in 2013 and includes eco-conscious features to integrate VW’s environmental strategy. Picture: SUPPLIED

SA is finally achieving critical mass in the green building movement, writes Peter Townshend

Transport & Tourism

‘Remove airline from domestic market’

Skywise co-chief recommends that government should relieve itself of the pressure of funding South African Airways


BOOK REVIEW: Managing for Success

Morgen Witzel explains how not to kill your company with the slow poison of incompetence and corporate failure


Six tips to make negotiations more friendly


If you take time to get to know the other side, look for creative solutions, stress ‘we’ over ‘I’, you can be a tough negotiator without ruining the relationship


Do strong religious beliefs stifle innovation?


A study by the US National Bureau of Economic Research shows that countries that are intensely religious are typically less innovative than those that aren’t

Transport & Tourism

Suspended SAA CEO Monwabisi Kalawe resigns

Monwabisi Kalawe.  Picture: RUSSELL ROBERTS

South African Airways says Monwabisi Kalawe has terminated his contract with national carrier, he will also step down as director

Retail & Consumer

Franchise sector growth impresses

Lindiwe Zulu. Picture: PUXLEY MAKGATHO

Sector’s turnover reaches R300bn and it is contributing significantly to SA’s GDP, says Franchise Association of SA

Financial Services

Fight transfer pricing abuses, says Judge Dennis Davis

Judge Dennis Davis briefs the portfolio committee on Wednesday on trade and industry on the issue of transfer pricing.  Picture: TREVOR SAMSON

Transfer pricing enables multinational corporations, including Google and Starbucks, to pay little tax in some countries in which they operate


Five signs that you need a new job


To help you decide whether it may be time for a career change, here are critical signs, based on psychological research, that you would probably benefit from a career switch

Transport & Tourism

Xenophobic attacks ‘chase away foreign visitors’

Smoke rises from a burning vehicle as South Africans stand in the morning light after they attacked and burned vehicles and buildings in the area following another night of xenophobic related violence in downtown, Johannesburg.  Five people have been killed nationally during recent xenophobia attacks that started in the port city of Durban. Picture:  EPA/KIM LUDBROOK

South African National Parks says there have been booking cancellations from neighbouring countries in wake of recent xenophobic violence

Transport & Tourism

Attorney-general ‘gags’ Comair over SAA action

Comair CEO Erik Venter. Picture: MARTIN RHODES

Free Market Foundation says it received notice that Comair CEO Erik Venter was asked not to publicly comment on legal arguments


Big investors oppose Advtech deal

Frank Thompson. Picture: FINANCIAL MAIL

Showdown looms with Coronation and Kagiso over the funding structure for a proposed R450m acquisition of smaller rival Maravest

Telecoms & Technology

Omission leaves state telecoms firm Broadband Infraco in crisis

Minister of State Security Siyabonga Cwele briefs media prior to delivering his budget speech on Tuesday.  Picture: TREVOR SAMSON

State-owned Broadband Infraco board tells shocked MPs it has been completely written out the telecommunications department’s strategic plan


Unlisted funds ‘would benefit’ from Reit status


Unlisted syndicates remain popular in SA despite the failure of some to reward investors


Court rules against RAF in grants case

WRECKED: The Road Accident Benefit Scheme Bill aims to compensate victims efficiently, without costly litigation. Picture: DAILY DISPATCH

Road Accident Fund argues foster care grants paid to guardian of orphaned children should be deducted from R112,942 payout

Media & Advertising

Manufacturers fear flood of ‘grey’ set-top digital boxes

The Sentech Tower presides over changes as digital broadcasting shakes up the industry. File picture: LESLEY STONES

Electronics manufacturers warn crucial changes to the digital migration policy mean any set-top box bonanza is under threat


Easy money does it for the Cape

What we don’t know is the degree to which the property market is integrated into global asset markets


Welcome to the brave brand new Millennial world

REBOOT: Dion Chang says the road back from digital burnout can be a long one. Picture: SUPPLIED

Millennials are helping to create a brave, new world in which loyalty to a company is eschewed in favour of family and home, writes Sue Grant-Marshall


Black legal eagles soar over all bars

Peter Tshisevhe.  Picture: SUPPLIED

In just four years TGR Attorneys moved from squatting in a small boardroom in a Johannesburg to the top floor of a building in Sandhurst

Growth Engines

PAVLO’S PERSPECTIVE: Selling products by creating stories

As a third generation, family-owned winery, Van Loveren Family Vineyards engaged both sides of the brain to build a formidable capability in an industry they understand intimately, writes Pavlo Phitidis

Financial Services

Scramble to manage SA rich


Managing the wealth of rich South Africans is becoming increasingly competitive as nonbankers muscle in on the lucrative market


EDITORIAL: A shaky basis for findings on SARS


More questions than answers after finance minister’s advisory board on tax office’s covert unit endorses earlier findings


Is Molefe confident or merely whistling in the dark?

New Eskom CEO Brian Molefe’s public-relations offensive may be what SA needs — as long as he can deliver


Green house demonstrates some home truths to industry

Evan Lockhart-Barker at the innovative, energy-efficient home known as Stand 47, Monaghan Farm, north of Johannesburg. Picture: NICK BOULTON

Energy-efficient home at Monaghan Farm showcases solutions to solving the housing and energy crises in SA, writes Evan Lockhart-Barker


Going up, the long and short of skyscrapers today

As countries run out of space to house people, supertall buildings — and the shorter time taken for construction — will be part of the solution Picture: BLOOMBERG

Planned tall buildings address a very real issue that many countries face — they are running out of space, writes Andy Davids

Trade & Industry

SA’s Agoa benefits in spotlight after US Senate move

Trade and Industry Minister Rob Davies briefs the media on the amended black economic empowerment act on Tuesday.  Picture: GCIS

Latest move aims at strengthening the hand of the USA Poultry and Egg Export Council

Retail & Consumer

Brait still has R24bn to spend, says Wiese

Christo Wiese. Picture: FINANCIAL MAIL

Company that last week agreed to buy Virgin Active has ‘very substantial war chest’ to spend on deals, according to largest shareholder Christo Wiese

Transport & Tourism

SAA gives Kalawe budget package

Vuyisile Kona. Picture: BUSINESS DAY

Former SAA CEO Coleman Andrews received R232m in 2001 and Andre Viljoen walked away with about R7m and Khaya Ngqula was paid R8.9m. Vuyisile Kona, who was CEO for only four months, received about R1.5m


‘Name and shame’ those guilty of collusion, says Madonsela

Thuli Madonsela. Picture: TREVOR SAMSON

Public protector says business people would rather be guilty of collusion than corruption

Law & Constitution

IRR puts forward alternative to Nxesi Bill

Minister of Public Works Thulas Nxesi. Picture: SUNDAY WORLD

Institute of Race Relations says its expropriation bill has many advantages over one put forward by Public Works Minister Thulas Nxesi


Goldman Sachs chairman is ‘generally bullish’ on SA

Lloyd Blankfein, chairman and CEO of Goldman Sachs Group, attends the annual meeting of the World Economic Forum in Davos on Friday. Picture: REUTERS

Goldman Sachs chairman and CEO Lloyd Blankfein says country is high-risk market with enormous potential, but it is failing to meet expectations

Trade & Industry

SA’s eligibility for Agoa benefits to be reviewed


Senate finance committee votes to require Obama administration to launch review of eligibility for trade benefits under African Growth and Opportunity Act

Financial Services

Local banks get a R66bn safety net

Lesetja Kganyago. Picture: PUXLEY MAKGATHO

The Reserve Bank’s liquidity facility will help supplement South African banks in case they have shortfalls

Telecoms & Technology

Websites prepare for Google’s ‘mobilegeddon’


Search engine is changing its algorithm to favour sites that look good on smartphones, move is expected to have far-reaching effect on website operators

Transport & Tourism

CemAir mulls new routes to small towns

Roger Foster. Picture: FINANCIAL MAIL

The only airline in SA that allows pets on board may expand to other small towns following requests for Kimberly and Hoedspruit routes


Your brand is more than just a hashtag


It’s easy to miss customer insights by failing to track the right keywords, and even easier to become overwhelmed by useless info if you track too many, writes Gordon Geldenhuys


Office chair is designed to keep to you focused on your work


Brody — play on words ‘body’ and ‘brain’ — is pod-like workstation shielded from view by screens on about three sides, intended to calm anxiety in workers

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  • All Share : 54440.4294
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    Dow Jones Industrial : 17840.52
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    ASX All Ordinaries : 1250
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    Change: 1.42%
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