• Wednesday, October 07 2015
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LOCAL FLAVOUR: SABMiller’s Hero lager is produced at the company’s Onitsha brewery in Nigeria’s Anambra state. Picture: ONEREDEYE

SABMiller rejects AB InBev offer, opening door for hostile takeover

Rejection of £42.15 per SABMiller share either opens door for higher offer, or possibility of hostile takeover attempt by world’s largest brewer

Retail & Consumer

Brewers’ merger ‘would hurt consumers’

NO DEAL:  Public Investment Corporation CEO Daniel Matjila. Picture: SUNDAY TIMES

Public Investment Corporation CEO Daniel Matjila says Anheuser-Busch InBev takeover of brewer SABMiller would create ‘some kind of monopoly’


Specialist tobacconists seek exemptions from display laws


Owner of country’s oldest specialist tobacconist describes as ‘absurd’ proposed regulations to restrict display of tobacco, tobacco-related products at point of sale

Financial Services

Spike in fraudulent insurance claims dogs industry


Fraudulent long-term insurance claims nearly double, lead by KwaZulu-Natal and the Western Cape

Trade & Industry

SA hits Agoa ball back into US court

Trade and Industry Minister Rob Davies addresses Parliament’s trade and industry portfolio committee on Tuesday.  Picture: TREVOR SAMSON

Rob Davies says SA has done all it can to address African Growth and Opportunity Act concerns, as new report shows retaliation for controversial private security bill will hurt


Minister Brown says no to privatisations

Public Enterprises Minister Lynne Brown addresses the media on Thursday.  Picture: TREVOR SAMSON

Antiprivitisation stance effectively puts to rest any prospect of mixed ownership for state-owned entities

Transport & Tourism

Prasa berated for wasteful spend

Prasa chairman Popo Molefe and acting CEO Nkosinathi Khena face a tough job putting the rail parastatal back on track. Picture: PUXLEY MAKGATHO

Auditor-general condemns almost R20m in ‘fruitless and wasteful’ expenditure including interest on late payments and cash to employees and consultants


Financial system unfair to developing countries, says UN trade report

Diana Barrowclough. Picture: BUSINESS DAY

Developing economies are ‘not wavering but drowning’ as world growth falls short of pre-2008 level


Paternity leave for dads serves societal interests

Picture: ISTOCK

Report says true gender equality could be achieved if men are encouraged and able to play a more significant role in the lives of their children, writes Vanessa Rogers


Working across time zones to woo the world, a hotel MD never clocks out

Clive Bennett. Picture: SUPPLIED

One&Only MD Clive Bennett attributes hotel’s success to global market penetration and reach, and attracting local clientele, writes Eugene Yiga


Lagos whizzes sow digital seed

Lagos, Nigeria. Picture: EPA/AHMED JALLANZO

With exclusively Nigeria-focused clickbait, listicles and quizzes, Zikoko is doing what BuzzFeed cannot do for Nigerians, writes Maggie Fick


Proposed new customs regime a step backwards

New border management proposals will impede the flow of goods, critics say. Picture: SOWETAN

Regulations would undermine progress made in customs management and ultimately hurt the economy


Carbon pricing must take local realities into account

TAKE THE LEAD: Governments are starting to recognise that it is in their interest to act now against emissions. Picture: THINKSTOCK

Business and government need to agree on a carbon emissions strategy that is based on sound policy underpinned by set pricing and clear rules to guide the process, writes Ben Magara


Latest report reveals stalled progress of African governance

Ibrahim index gives assessment of safety and rule of law; participation, human rights; sustainable economic opportunity; human development


Businesslike responsibility in a green and circular way

Picture: Petco South Africa

PET industry a good example of circular economy successfully at work

Featured Partner

Standard Bank

Be a good farmer first, then introduce technology

Picture: THE TIMES

While adoption of precision technology can increase yields and improve quality of operation’s output, it can also impede operations if it isn’t part of integrated plan

Featured Partner


SA’s renewable energy plan a global success story

Energy Minister Tina Joemat-Pettersson, whose department has already committed to 13,225MW of renewable energy generation by 2025. Picture: SIYABULELA DUDA

World Wildlife Fund calls South Africa’s renewable energy sector 'a flagship public-private partnership model for SA and the rest of Africa'


Likes of Bra Dods will address lack of black bankers

The sooner we accept that the pipeline of good black bankers is short, the better


Switch to renewables can benefit municipalities

Picture: REUTERS

Municipalities urged to be more creative in diversifying revenue, such as hire purchase agreements for rooftop solar panels for households


Green energy needs more black owners in future, says state

Energy Minister Tina Joemat-Pettersson. Picture: THE TIMES

Political pressure grows on Department of Energy to ensure black entrepreneurs get larger slice of renewable energy pie


State agencies ‘nudge’ good citizenry

Oxford-educated scientist Maya Shankar leads a White House team dedicated to applying academic research on human behaviour to the business of running a government.  Picture: SUPPLIED

Oxford-educated scientist approaches public policy execution using significant new research on human nature, such as people are predictably irrational, writes Binyamin Appelbaum


Old boys’ club still rules in German boardrooms

Volkswagen CEO Martin Winterkorn arrives at a company shareholders' meeting in Hamburg, Germany. Picture: BLOOMBERG/MICHELE TANUSSIS

Martin Winterkorn’s business doppelgänger at Volkswagen shows clannishness of Germany’s corporate governance structure, write Carol Hymowitz and Alex Webb


No-frills Ryanair grows up as change of strategy gets results

Michael O’Leary says he became a cartoon pantomime villain by dressing up as Batman’s sidekick Robin and other characters for photo opportunities. Picture: BLOOMBERG/MATTHEW LLOYD

Europe’s biggest budget carrier reaps rewards of treating passengers as customers rather than adversaries, writes Tanya Powley

Trade & Industry

Davies hints at settlement in steel standoff

Trade and Industry Minister Rob Davies at a media briefing ahead of his budget speech on Wednesday.  Picture: TREVOR SAMSON

Steel industry may get further protection against cheap Chinese imports with eye on ‘developmental’ steel price, says Trade and Industry Minister Rob Davies

A drought-affected region is shown in George in the Western Cape in this December 2009 file photo.  Picture: SUNDAY TIMES

Mooted ban on water rights trade will hit small farmers

Just because there are dams does not mean that people own the water in them, writes Mike Muller


Mining firms appeal commission merger decision

GOLD SMELTING: Job creation could best be achieved by industrial development. It was believed that manufacturing could employ a much higher proportion of workers than mining because of its greater need for skilled labour.  Picture: PIETER DE RAS

French-listed Imerys SA and Andalusite Resources tell Competition Tribunal appeal hearing they had no plans to set up monopoly with merger


Five ways to prepare employees for leaving company


Anything you can do to help departing employees land on their feet will increase team’s trust in you as leader, enhance company’s overall talent brand

Land & Agriculture

New chicken brining rules on ice — for now


Poultry industry scrambles to secure further talks after minister signs new regulations capping brine level at 10%


Coal sector strike will not affect operations, says Eskom

Eskom's Medupi power plant. Picture: SOWETAN

Power utility reassures on uninterrupted power supply as 30,000 mine workers down tools


NEWS ANALYSIS: SA’s growth needs to be cemented in bold priorities


Distrust a major obstacle to realising growth prescriptions in South Africa even as its neighbours boom, writes Mark Allix

Land & Agriculture

Major changes for producers of poultry meat


Amendments include major changes for producers of both fresh and frozen poultry meat

Financial Services

Hedge funds make the most as market volatility endures


Survey shows hedge funds grew assets under management 15.8% with long-term average returns galloping ahead of JSE all share index


Recycling ‘could put SA on a jobs roll’

Johannesburg generates about 6,000 tonnes of waste a day. Pikitup, which manages the city’s four landfill sites, has plans to radically transform the way waste is handled. Picture: The Times

Nonprofit Redisa calls for significant investment in recycling industry to tap jobs and business potential and stop waste products worth R17bn ending up at landfills

Financial Services

New rules set to change tax environment


Comprehensive measures to combat base erosion and profit shifting finalised after three years of extensive research and international cooperation


Number of black CEOs in SA declining‚ and few positioned for the top


Report shows decline in number of black South African CEOs in the past three years — with little set to change in foreseeable future

Land & Agriculture

Minister Senzeni Zokwana tries to pour oil on troubled waters

Gansbaai harbour. Picture: SUNDAY TIMES

Fisheries Minister Senzeni Zokwana says black ownership profile raised in fishing rights process but communities should not worry


Mining industry’s alpha male Ivan Glasenberg tries to save his realm

Glencore Xstrata CEO Ivan Glasenberg. Picture: REUTERS

More than two years after biggest mining deal in history Glencore CE Ivan Glasenberg is reassuring bankers, investors, employees that markets have overreacted


Damning report puts SARS spy unit in spotlight again

Pravin Gordhan.  Picture: SUNDAY TIMES

KPMG report recommends that former finance minister Pravin Gordhan should face a probe into whether he knew of the rogue unit


ON WORK: Hands up if you can say what your company’s values are

Values may be important, but they are also slippery. When anyone tries to write them down they become trite and unhelpful


STRAIGHT TALK: How to outsmart global bullies

SA remains an attractive capital destination, but we should be wary of those who see us as a takeover target


Power? Let the men have it

Picture: ISTOCK

Harvard Business School research shows women aren’t in leadership positions because they just don’t want the jobs, writes Rebecca Greenfield

Transport & Tourism

Prasa to run all Gauteng trains from new centre


New rail centre in Kempton Park part of Prasa’s R172bn modernisation programme and is expected to improve train punctuality and safety


Ten more independent power bidders get the nod

Tina Joemat-Pettersson. Picture: BUSINESS DAY

The Department of Energy announces the names of 10 preferred bidders in the small, independent, renewable energy producers’ programme

Trade & Industry

Security bill threat to SA-US relations

Mninwa Mahlangu.  Picture: SUNDAY TIMES

Future funding from International Monetary Fund-World Bank may be vetoed by US


EpiPen draws new health line

Heather Bresch took a forgotten medication and turned it into a must-have. Picture: BLOOMBERG/CHRIS GOODNEY

Savvy branding combined with public awareness campaign on dangers of child allergies resuscitates solid concept, write Cynthia Koons and Robert Langreth


ON THE MONEY: SA needs transparency about wealth — starting with companies

Corporate secrecy is pervasive. Unless a company is listed, there’s almost no way to find information about its financial position


Britain’s nuclear folly a lesson for SA

Britain's Sizewell B nuclear power plant in Southwold, Suffolk. The reactor is expected to operate until 2055. Picture: REUTERS/RUSSELL BOYCE

Politics and special interests drove the UK’s flawed and heavily biased decision-making process to nuclear

Telecoms & Technology

Mobile operators caught in turf war


Secrets at risk as regulators contest Vodacom-Neotel merger as Icasa rejects terms and conditions attached by Competition Commission


SA’s gold miners turn to machines to stay afloat

GOLD SMELTING: Job creation could best be achieved by industrial development. It was believed that manufacturing could employ a much higher proportion of workers than mining because of its greater need for skilled labour.  Picture: PIETER DE RAS

With more than half of SA’s gold mines currently unprofitable, companies are looking for ways to dig up more gold, less expensively from deeper underground

Transport & Tourism

Tourism bosses plead for visa scrapping

Deputy President Cyril Ramaphosa answers questions in the National Assembly in Cape Town on Wednesday. Picture: TREVOR SAMSON

Industry looks to Cyril Ramaphosa for relief from crippling visa restrictions as new data show 50% drop in under-18 arrivals

Trade & Industry

Congressmen bewail SA’s trade ‘barriers’


US Congress wants broader review as doubts grow over SA’s openness to foreign investment and commitment to fair trade


Calls for an inland terminal to boost local coal sales


Inland terminal would serve industrial customers looking to generate own power to replace Eskom’s, coal infrastructure and logistics conference told

Transport & Tourism

No tolls means no upgrades or new roads, says Sanral

 Picture: SUPPLIED

Spokesperson Vusi Mona says if Sanral is not allowed to proceed with Cape Winelands toll project now, there will be no road upgrades for at least 20 years

Financial Services

Dry season for new unsecured loans

African Bank curator Tom Winterboer. Picture: MARTIN RHODES

Tighter lending criteria crimp new unsecured loans, with Capitec turning down ‘about half of all the credit applications’


Generic medicines cheaper than claimed, say drug makers


Study shows generic prices are on average 45% lower-priced than those of originators


We can beat odds on creating jobs, says expert

Bonke Dumisa. Picture: NCE MKHIZE

We all have to pull in one direction because it is in our best interests to have GDP growth of at least 5% annually, says KwaZulu-Natal Provincial Planning Commission chairman Bonke Dumisa


Ball set to start new chapter after decades of publishing

Publisher Jonathan Ball has a reputation for being a difficult man, but in his retirement, when he is not reading, he intends to show that he is a really nice fellow. Picture: THE TIMES

Influential force in publishing world Jonathan Ball unlikely to stop rattling cages after retirement, writes Sue Grant-Marshall

Standard Bank

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