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Energy

SA electricity production falls in May

According to Eskom's website, the project will include a super-critical plant able to operate with greater efficiency and at higher pressures than previous boilers.  Picture: ARNOLD PRONTO

Electricity production decreases 3.5% year on year in May 2015, Stats SA says, with seasonally adjusted electricity generation decreasing 0.8% in May compared with April

Transport & Tourism

Protesters stone buses taking over Putco routes

Putco bus. Picture: GALLO IMAGES

Despite heavy police presence, protesters stone buses, demonstrators are said to be from taxi associations that claim they were promised routes abandoned by Putco

Transport & Tourism

New trains are on track — now race is on to run them

Picture: THINKSTOCK

Prasa due to spend R45bn over the next three years in upgrading infrastructure and getting ready for the new trains

Transport & Tourism

Prasa boss does U-turn on stepping down

Prasa CEO Lucky Montana. Picture: ARNOLD PRONTO

Lucky Montana calls bluff of nonexecutive chairman Popo Molefe and Transport Minister Dipuo Peters with the surprise announcement that he is willing to stay on

Trade & Industry

Government will buy local, but wants fair prices

Economic Development Minister Ebrahim Patel. Picture: TREVOR SAMSON

One way to improve procurement and ensure cost effectiveness was to stimulate domestic competition, says economic development minister

Mining

Poor mining districts benefit from R18bn projects

Platinum miners queue to undergo essential medical and safety procedures at the Wonderkop mines in Marikana Rustenburg on Wednesday, after a five-month long strike. Picture: AFP PHOTO/MUJAHID SAFODIEN

President Jacob Zuma says R18bn has been ‘dedicated to ongoing work’ since an interministerial committee for the revitalisation of distressed mining communities was established in 2012

Mining

Rob Davies looks into platinum special economic zones

Minister of Trade and Industry Rob Davies and Mpact CEO Bruce Strong attend the annual Manufacturing Indaba in Boksburg on Monday. Picture: PUXLEY MAKGATHO

Platinum-based special economic zones — one in Limpopo and one in North West — under investigation, says Trade and Industry Minister Rob Davies

Opinion

Some firms have outgrown the empowerment label

Tectonic plates are shifting in the black economic empowerment space

Picture: THINKSTOCK

Four breathing techniques for public speaking

Here are some ways you can harness your breath to speak with confidence and power in public

Standard Bank

Smaller maize crop shouldn’t affect consumer or livestock feed prices

MC Loock. Picture: STANDARD BANK

High stock levels from last season will cushion economic impact but farmers in drought stricken areas must make new plans for next season

Featured Partner

The Field Office

The power of passionate sales

Picture: ANDRIES JOUBERT

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

Transport & Tourism

Ethiopian Airlines touches down at Cape Town International

Picture: THINKSTOCK

Inaugural flight of largest airline in Africa into Western Cape boosts provincial government’s drive to attract more direct flights

Business

Almost 67,000 taxpayers submit returns via eFiling as tax season starts

Picture: SOWETAN

Tax season gets off to a positive start, with 67,231 tax returns filed since midnight‚ South African Revenue Service says

Media & Advertising

How businesses can deal with negative online reviews

Picture: THINKSTOCK

Bad reviews can have serious repercussions if not handled correctly, but there are ways to approach the problem by engaging with the customer, writes Gus van der Walt

Energy

Low electricity prices not responsible for load shedding, says Nersa

Picture: THINKSTOCK

Nersa pulls plug on Eskom tariff hike giving respite for weary consumers, saying that power utility’s internal processes need fixing

Picture: TONY CENICOLA/THE NEW YORK TIMES

Seven ways to handle layoffs

Dismissing an employee is one of the most unpleasant tasks of management, but there are ways to manage the process in a way that is clear and respectful

Transport & Tourism

V&A Waterfront’s investment into cruise liner terminal ‘will boost tourism’

The Victoria & Alfred Waterfront in Cape Town. Picture: SUNDAY TIMES

Transnet National Ports Authority awards V&A status of preferred bidder for development of cruise liner terminal, saying project will ‘create jobs and strengthen tourism offering’

Economy

Red tape choking SA’s economy, manufacturing indaba told

Minister of Trade and Industry Rob Davies and Mpact CEO Bruce Strong attend the annual Manufacturing Indaba in Boksburg on Monday. Picture: PUXLEY MAKGATHO

Sector needs fewer regulations, quick and agile businesses and stronger ties to universities to advance industrial innovation

Labour

Gold companies table opening offers

Picture: AFP PHOTO/OZAN KOSE

NUM says negotiators are ‘poles apart’ after miners offer wage increases of between 7.8% and 13% at entry level, as well as profit sharing

Trade & Industry

Manufacturers to address challenges at indaba

Picture: THINKSTOCK

Second Manufacturing Indaba commences at Emperors Palace where key topics on the agenda will include load shedding, declining exports and rising input costs

Transport & Tourism

Sanral defends signs of loopholes in new e-toll rules as critics cry foul

Picture: SOWETAN

New e-tolls dispensation requires ‘regulatory and system changes’ still to be gazetted, says South African National Roads Agency

Property

SA office spaces are all dressed up — with no one to fill them

Picture: THINKSTOCK

Sluggish economy hits property funds as few companies seek new office space, writes Alistair Anderson

Business

BEE has paid off to the tune of R317bn

Picture: THINKSTOCK

Black economic empowerment deals by JSE companies result in R317bn passing into the hands of black partners, employees and communities since 2000

Management

Seven steps for selling your ideas

Picture: THE NEW YORK TIMES/TONY CENICOLA

Here are some steps you can take to get people on board when pitching a new idea

Mining

Political royalty told to pay for Aurora

EQUAL: President Jacob Zuma and Michael Hulley at the Constitutional Court in 2008. Picture: THE TIMES

Aurora Empowerment Systems’s directors and management — including elements of SA’s political elite — stand personally liable for about R1.7bn

Business

Cabinet approves revised investment bill

Minister in the Presidency Jeff Radebe. Picture: GCIS

Long-awaited bill will provide uniform framework for foreign and local investment and will ultimately replace bilateral investment treaties

Business

E.tv loses set-top box encryption battle

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

Judgment clears way for the government to implement the migration from analogue to digital TV broadcasting

Labour

No let-up in Amcu and NUM’s battle for membership

Joseph Mathunjwa. Picture: PUXLEY MAKGATHO

Centralised bargaining has a positive effect on labour stability but remains a pipe dream for platinum sector, writes Karl Gernetzky

Opinion

Diversify in small global bets

Theo Kocken, professor of risk management at VU University Amsterdam, tells Michel Pireu: ‘We need to adjust our economic policies to better reflect human nature’

Economy

Trade balance records unexpected surplus

Picture: THINKSTOCK

South African Revenue Service customs and excise data show country recorded surplus of R4.987bn in May as exports increased while imports fell

Transport & Tourism

Rumbles over Uber as bus system deal inked

Picture: GETTY IMAGES

City of Johannesburg wants ‘some regulation over moving force’ of app-based taxi service Uber

Financial Services

Without real inclusivity, there can be no growth

The lack of inclusive growth in SA is highlighted by the ever-widening gap between rich and poor, which continues to be of great concern to politicians, policy makers and labour unions . Picture: SOWETAN

Red tape, a lack of access to finance and credit and the high cost of doing business hobble SMEs in SA, writes Bekezela Phakathi

Health

Genesis persists with minimum benefits dispute

Picture: THINKSTOCK

State, which has been in talks with industry, is unsure whether to publish proposed revision, writes Tamar Kahn

Energy

Eskom to study Nersa decision to reject tariff hike application

Thava Govender.  Picture: RUSSELL ROBERTS

Power utility says it will study details of Nersa’s decision and consult government before commenting further on impact of decision

Opinion

Crisis demands we ditch our aversion to lowly paid jobs

A group of men sit along a road looking for work. Picture: SUNDAY TIMES

It is time to stop the wishful thinking and grand but empty promises. SA needs to make some bold new choices and change course

Opinion

Black social capital should not be wasted

Black professionals should maximise use of their political networks, insight into the lives of the majority, and affirmative action and black economic empowerment

Energy

Nersa declines Eskom tariff increase

Picture: SUNDAY TIMES

National Electricity Regulator of SA turns down application to raise price of electricity, says utility did not provide reasons for delays in commissioning stations

Transport & Tourism

Hanekom orders review of Tourism Indaba

Durban Tourism Indaba. Picture: RAJESH JANTILAL

Tourism Minister Derek Hanekom plans overhaul of ‘uncompetitive’ annual Tourism Indaba and plans fresh partners

Telecoms & Technology

Econet sets sights on money transfers in SA

Picture: THINKSTOCK

Zimbabwe’s biggest mobile network operator Econet Wireless takes on Western Union or MoneyGram to serve 1-million registered mobile money transfer customers in SA

Labour

Gold companies to base offers on individual circumstances

Picture: REUTERS

Chamber of Mines says five companies negotiating increases in sector will put forward wage, gain-share offers based on individual financial circumstances

Business

Business process outsourcing sector creates 4,400 new jobs over last year

Picture: SUNDAY TIMES

Industry body says domestic operations still make up the majority of business process outsourcing jobs in the Western Cape, but recent job growth has resulted from foreign investment

Transport & Tourism

Uber plans to create 15,000 jobs in SA by 2017

Picture: BLOOMBERG/ANDREW HARRER

Despite taxi competitors warning of job losses because of its competitive pricing, Uber sets itself ambitious target of creating 15,000 jobs in South Africa by 2017

National

Miner stricken with lung disease came home to die

Zama Gangi and his wife Matshezi talk about the hardships of life since Zama returned from working in the mines with silicosis. Picture: LOYISO MPALANTSHANE

Eastern Cape man is part of a group who plan to seek compensation after contracting silicosis while working underground

Standard Bank

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