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Eskom could raise funds with Denel model

Minister of Public Enterprises Lynne Brown. Picture: TREVOR SAMSON

Power utility looks to Denel’s highly successful turnaround in the early 2000s, which included restructuring and international partnerships

Media & Advertising

Set-top boxes: e.tv squares up to government over its policy

Department of Communication Minister, Faith Muthambi addressing post cabinet media briefing at Imbizo Centre in Cape Town on Thursday. Picture: GCIS/NTSWE MOKOENA

Free-to-air channel e.tv says those who cannot afford to subscribe to pay-TV would end up with a second-rate viewing experience


Specialised property on investors’ radar


Sector has potential to grow and Americans are ready, writes Alistair Anderson


EU conflict mineral law ‘will not affect SA’s gold miners’


Law will oblige importers of gold, tin, tungsten and tantalum into the EU to ensure their purchases are not contributing to conflict or human rights abuses


Accelerating adoption of fuel cell technology needs shift beyond platinum industry, says Amplats CEO

Chris Griffith. Picture: MARTIN RHODES

Chris Griffith says there has to be collaboration within mining and with other industries, including oil companies, car manufacturers, retailers and government


Post office, Telkom, Eskom becoming obsolete

Debate about privatising parts of Eskom may be overtaken by events and the choices of thousands of individual consumers


Pursuit of nuclear energy likely to be more wasted time


It is likely that SA’s attempts to order nuclear plants will collapse under the weight of the required finance and years will be wasted pursuing an impossible objective


Code revisions on the right road, but vigilance still vital

In one cautionary tale the only beneficiaries of a BEE scheme were Mercedes-Benz Financial Services SA and the management companies … all of them white, writes Onkgopotse JJ Tabane

The Field Office

The power of passionate sales


Simple, feature-rich apps such as Field Office’s Honeybee provide tools for businesses that not only simplify sales but also help to bring passion back into selling

Brand Voice

Standard Bank

Joining agricultural value chain can bring exponential returns

Nico Groenewald, head of agribusiness at Standard Bank. Picture: STANDARD BANK

Farmers producing at commercially viable levels are confronted with need to make decisions about expanding beyond farm gate into rest of value chain

Featured Partner

Science & Environment

Nedbank ‘pays lip service to green policy’

May Boeve, global executive director of 350.org recently visited SA as part of a global drive to persuade investors in fossil fuels such as companies and banks to divest. Picture: FREDDY MAVUNDA

While Standard Bank and Absa/Barclays also bankroll coal projects, Nedbank is being targeted particularly because it calls itself ‘the only green bank’, writes Charlotte Mathews


Unions’ dispute may spur strike in sugar sector

Sugar cane. Picture: BLOOMBERG

Industrial action will compound the sugar industry’s woes at a time when it is yet to shake off the effects of a drought

Transport & Tourism

Applying for SA visas made easy for senior executives

Malusi Gigaba. Picture: Picture: SOWETAN FILE PHOTO/PETER MOGAKI

Premium, one-stop-shop for visa and permit renewals a partnership between the home affairs department, VFS Global and the Gauteng provincial government


Black-owned media house ‘top priority’ for government

Faith Muthambi. Picture: TREVOR SAMSON

Transformation of media content and ownership heads government’s priorities for current financial year, says communications minister


SA hangs on to obsolete power plan as Eskom is left in the cold

Johan Muller: Who will pay for nuclear energy if more and more industrials and corporate businesses are weaning themselves from public sector-provided power?


Chamber of Mines says carbon tax will damage industry


Chamber of Mines urges government not to implement carbon tax next year, saying it will damage already financially-strained mining industry


Four ways to break the ice with strangers


Mingling with strangers can be difficult, but there are ways introverts can strike a balance between meeting new people and not having to initiate conversations


New Agoa deal expects more of SA but offers less, says Davies

Trade and Industry Minister Rob Davies launches the Buy SA Back campaign to increase South African exports to the rest of the continent, in Sandton on Tuesday. Picture: PUXLEY MAKGATHO

Trade and Industry Minister Rob Davies for the first time shows his disillusionment over African Growth and Opportunities Act concessions


Curse of the clever consultant

Author Duff McDonald says consultants have not behaved better than mercenaries, collecting huge fees for work of dubious worth. They have the chance to whisper into ears of power, and to exercise influence while being insulated from responsibility. Picture: SUPPLIED

We are yet to get a thorough and definitive analysis of how consulting firms have destroyed or created value in business, be it in the private or public sector, writes Epstein Vuyo Njokweni


Chamber of Mines urges carbon tax delay

Mike Teke. Picture: MARTIN RHODES

Chamber of Mines president Mike Teke calls proposed tax an ‘absurdity’ in the light of heavy losses in the carbon-intensive industry

Transport & Tourism

Slashed e-toll fees set to lift confidence in Sanral

Front, from left, Finance Minister Nhlanhla Nene, Gauteng Premier David Makhura, Transport Minister Dipuo Peters, Deputy President Cyril Ramaphosa and Deputy Finance Minister Mcebisi Jonas ahead of the e-tolls briefing. Picture: TREVOR SAMSON

Analysts call it a ‘start’ to repair agency’s reputation, but Opposition to Urban Tolling Alliance says little changes


Minister says big business crowds out small business

Minister of Small Business Development Lindiwe Zulu. Picture: TREVOR SAMSON

Minister of Small Business Development Lindiwe Zulu accuses big business of squeezing out small players when it comes to scoring government work

Transport & Tourism

Western Cape wants more direct flights into province

A signboard at Cape Town International Airport  displays cancelled international flights in this 2010 file photo.  Picture: SUNDAY TIMES

Provincial economic development and tourism department is developing air access strategy with Wesgro, City of Cape Town, Airports Company SA


Property sector ‘slow to transform’

Amelia Beattie, chief investment officer of Stanlib Direct Property Investments. Picture: FINANCIAL MAIL

South African Property Owners Association wraps industry over knuckles for failing to promote broad-based black economic empowerment initiatives


SARS official quits as spy unit fallout continues


Two former unit members, Helgard Lombard and Johan de Waal, also notified of their pending suspension


New e-toll fee structure linked to licence disc renewals

Deputy President Cyril Ramaphosa briefs the media on the new e-tolls dispensation on Wednesday.  Picture: GCIS

Ramaphosa announces reduction in fees, but DA notes greater enforcement of payments, including compulsory payment of outstanding e-tolls when renewing licence discs

Transport & Tourism

E-tolls stay‚ but will be cheaper

Transport minister Dipuo Peters, left, and Deputy President Cyril Ramaphosa brief the media regarding the new e-tolls dispensation on Wednesday.  Picture: TREVOR SAMSON

The unpopular user-pays e-toll system is here to stay, but fees will be cut in half, announces Deputy President Cyril Ramaphosa

Opinion & Analysis

State’s somersault on BEE rules

Trade and Industry Minister Rob Davies briefs media regarding plans to improve trade ties between South Africa-Japan, on Friday.  Picture: TREVOR SAMSON

Unfortunately, the focus on ownership has overshadowed the good news in the new codes, specifically the benefits for small businesses and startups, writes Paul Berkowitz

African Business

Bourses in Africa plan to cross-list more ETFs


JSE says SA, Nigeria and Kenya planning to cross-list more exchange-traded funds on their stock markets to boost liquidity of the securities


Small business department to overhaul approach to funding, says minister

Minister of Small Business Development Lindiwe Zulu. Picture: TREVOR SAMSON

Department of Small Business Development plans to address lack of access to finance by changing approach to funding, says small business development minister


Concern over patchy application of bank rules

Elke Koenig chairs the board that will decide on the quantity of bail-in bonds, which are intended to spread the losses if a bank starts to fail. File Picture: REUTERS

Regulators also fear clearing houses in the $630-trillion financial derivatives and swaps market could be the next too-big-to-fail institutions


ON WORK: Brushing up can bring a shine to the daily life of a city banker

The pay is terrible, but it appears the shoeshine man has a better quality of life than your average bank manager


Treasury to disclose what noncore state assets are to be sold

Nhlanhla Nene. Picture: TREVOR SAMSON

Finance minister says Treasury will ‘soon’ present a paper to Cabinet about which noncore assets government plans to sell


NEWS ANALYSIS: State’s explanation on BEE bungle unconvincing

Trade and Industry Minister Rob Davies. Picture: PUXLEY MAKGATHO

There is a great deal missing in the explanation from the department as to how the ‘mistake’ was made, writes Carol Paton

Growth Engines

Criminals and fraudsters need not apply

Kirsten Halcrow. Picture: FREDDY MAVUNDA

Common checks include qualifications, identity document, fingerprint verification, credit checks and the increasingly important criminal record checks, writes Katy Chance


CIPC in move to improve labour relations

Rory Voller. Picture: ROBERT TSHABALALA

Bid to stabilise labour relations at the Companies and Intellectual Property Commission on the heels of commissioner Astrid Ludin’s resignation


STRAIGHT TALK: If state can’t do it, let us help it

Everyone is up in arms, objecting to privatisation. Well, you’re too late. It’s already happened in education, security….


Bosses with a softer touch will get more out of their teams


When it comes to managing others new evidence is emerging that softer, more flexible and approachable management styles are more effective, writes Jenny Boxall


Nuclear procurement to start despite questions

Energy Minister Tina Joemat-Pettersson says procurement of nuclear power will start in July, even though it is unclear if whether SA can afford it.  Picture: TREVOR SAMSON

Controversial energy policy has been fiercely debated with no evidence presented yet to show that it is affordable


Watchdog to target currency collusion


Trades by local and foreign companies to be investigated as commission probes price fixing in multibillion-rand foreign currency trading market


Chamber of Mines comes to members’ defence

Roger Baxter.  Picture: SOWETAN

There are potentially very serious repercussions for offshore-listed SA mining companies in brewing battle over differing views between government and industry on empowerment and compliance with Mining Charter


Cool brands set the tone for the offices of the future


Red Bull gives employees wings by providing more than 1,600m² of space at the harbour’s edge at the V&A Waterfront, Cape Town, writes Linda Trim

Transport & Tourism

Regulations bring drones down to earth


New regulations prohibit flying of a drone directly overhead any person or group of people or within a lateral distance of 50m from any person

Financial Services

Competition watchdog probes global banks over forex fixing

BEST PRACTICE: Competition Commission head Tembinkosi Bonakele says that regulation can be used by the state to tackle excessive pricing. Picture: PETER MOGAKI

Competition Commission opens investigation into foreign currency price fixing by several international banks


Nene says government will keep controlling stake in Eskom

Nhlanhla Nene.  Picture: TREVOR SAMSON

Finance Minister Nhlanhla Nene says power shortages are biggest risk facing economy, key to resolving crisis is intervening to contain costs


Gwede Mantashe denies ‘neoliberal’ talk that ANC plans to privatise Eskom

Gwede Mantashe. Picture: PUXLEY MAKGATHO

Secretary-general Gwede Mantashe says debate in the ruling party is about whether the government should consider the ‘Chinese option’


Vaal River City project gains traction

The Vaal River.  Picture: SOWETAN

New R11bn metro development, which will be built along Vaal River, set to move ahead as architectural master plan is delivered to development firm


Rising output turns screw on SA platinum sector

Heaps of platinum ore ahead of the concentration process. Picture: SUNDAY TIMES

Perfect storm of rising costs, labour unrest and weak prices push platinum companies into restructuring, but they’ve held off unleashing production cuts

Transport & Tourism

NEWS ANALYSIS: SAA bail-out now a battle between Comair and banks


Pretoria High Court hears how Standard, Absa, Nedbank and Citibank made loans worth billions to the national carrier that were to be guaranteed by the state, writes Andiswa Maqutu


Parts of Eskom must be sold, says ANC

ANC economic policy head Enoch Godongwana. Picture: SUNDAY TIMES

Proposal includes possible purchase of Eskom stake by Public Investment Corporation, SA’s largest pension fund manager, or any of the pension fund entities

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