• Sunday, April 20 2014
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Retail & Consumer

JSE puts the ‘uncle in the furniture business’ on the spot

Joshua Doore, part of the JD Group. Picture: SUNDAY TIMES
3 hour(s) ago

JD Group will have to explain to the JSE why it broke the exchange’s listings rules by ditching a number of independent directors

Telecoms & Technology

Sponsorship of cycle club puts spoke in MTN's wheels

3 hour(s) ago

MTN to extend tender awarded to company to manage call centres after the cellular giant picks up potential conflict of interest involving SA boss and company executive

Retail & Consumer

New broom at Pick n Pay brushes up results

Richard Brasher. Picture: BUSINESS DAY
4 hour(s) ago

British former head of Tesco who was parachuted in last year to lead Pick n Pay’s turnaround admits that the retailer was not even in the race for space until recently

Business

Branson snaps up Mont Rochelle

MOUNTAIN SPLENDOUR: Located atop a hill in the Klein Dassenberg range, Mont Rochelle is a favourite destination for the fabulously wealthy.   Picture: KATY CHANCE
3 hour(s) ago

Flamboyant British billionaire’s luxury hospitality property portfolio agrees to buy Franschhoek wine farm for undisclosed amount

Labour

Platinum producers revise wage offer in bid to end strike

Picture: THE TIMES
2 day(s) ago

Lonmin, Amplats and Implats revise wage offer to end debilitating strike that has crippled the platinum sector

Industrials

First black-owned steel mill in SA Agni Steel starts production

Picture: REUTERS
2 day(s) ago

The Indian-backed venture is to initially produce 100,000 tonnes of steel billet annually at its state-of-the-art R400m state-of-the-art premises

National

SME department ‘very likely’, says Mbete

African National Congress national chairwoman Baleka Mbete.  Picture: TREVOR SAMSON
3 day(s) ago

African National Congress national chairwoman Baleka Mbete says department focused on small, medium-sized business will be able to address ‘specific challenges’

Financial Services

Fines put spotlight on whether banks prioritise certain rules over others

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
3 day(s) ago

Big four hit with R125m in penalties over controls related to money laundering

Picture: THINKSTOCK

Private-equity investors look deeper into Africa

South Africa providing much less fertile ground for entry investments as investors turn to African expansion for good returns

Trade & Industry

Chicken imports row rages on

IN A FLAP: New anti-dumping duties could further increase the price of chicken.  Picture: GALLO IMAGES
3 hour(s) ago

Government expected to take a decision on anti-dumping duties on frozen bone-in chicken portions from certain European countries

Retail & Consumer

Lewis scores as rivals languish in the comfort zone

Lewis Group CEO Johan Enslin. Picture: FINANCIAL MAIL
3 hour(s) ago

Business model differs in that it is more conservative, decentralised and ensures close relationships between store managers and the communities they serve

Financial Services

Stanlib eyes a bigger share of Africa spoils

Stanlib CEO Seelan Gobalsamy.
2 hour(s) ago

Next step is to build Stanlib into the "asset manager of choice in Africa", says new chief executive Seelan Gobalsamy

Advertorials

Standard Bank provides cash management solution ahead of holidays

Picture: REUTERS
5 day(s) ago

Standard Bank’s top five business tips on cash management safety to mitigate against financial harm to your business, staff or customers over the Easter holidays

SPONSORED CONTENT

Opinion

EDITORIAL: Finding other ways to mine

Picture: THINKSTOCK

As the Amcu strike at the platinum mines approaches its 100th day, investor confidence in SA’s economy is hitting a post-apartheid low

LABEL BLUES: The Broken Piano for President book cover which resembles a Jack Daniel’s whiskey label. The distillery managed the intellectual property infringement sensibly.

Try to avoid looking ridiculous

Firms must pick their trade mark battles carefully, writes Gaelyn Scott

Mining

Coal reserves study gives lie to Eskom supply scare

Picture: THINKSTOCK
3 day(s) ago

Review shows resources adequate to allay ‘strategic mineral’ fears

Land & Agriculture

Farm equity proposal is ‘smoke and mirrors’

Picture: THINKSTOCK
3 day(s) ago

Professor says proposal will not become policy and that government is only talking to farm workers now, a month before elections

Healthcare

Litigation delays healthcare inquiry

CONFIDENT: Inquiry chairman Judge Sandile Ngcobo briefs media on the healthcare competition probe on Wednesday. Picture: RUSSELL ROBERTS
3 day(s) ago

Competition Commission’s market inquiry into the private healthcare sector will only start after August

Transport & Tourism

FlySafair given licence to fly but faces fresh challenges

FlySafair CEO Dave Andrew. Picture: SUNDAY TIMES
3 day(s) ago

Battle to take off and deliver cheap flights between Johannesburg and Cape Town not yet over as a court challenge by a competitor may lie in wait

Energy

SA’s nuclear aspirations hinge on high costs

Picture: THINKSTOCK
4 day(s) ago

SA is battling an energy crisis after not building new generation capacity in the decade to 2005

Financial Services

Hedge fund regulations issued for comment

3 day(s) ago

The quick moves to implement full industry regulation mean SA likely to become first country to offer comprehensive regulated hedge fund products

Business

SAA washes hands of catering unit’s blunder

Picture: SOWETAN
3 day(s) ago

Airline says it is one of Air Chefs’ clients and is not involved in cancelled Mantelli’s tender

Healthcare

Private healthcare market inquiry ‘might find nothing wrong’

Justice Sandile Ngcobo briefs the media on the market inquiry into private healthcare in Johannesburg on Wednesday. Picture: RUSSELL ROBERTS
3 day(s) ago

Chairman of panel appointed to conduct inquiry stresses it is merely an investigation into the nature of competition in the sector

Land & Agriculture

IFP says state must redistribute own land to emerging farmers

Tractor farm food farming. Picture: THINKSTOCK
3 day(s) ago

Party says state must stop relying solely on private farms for its land redistribution programme

Transport & Tourism

Wealthy see holidays ‘as a necessity, not luxury’

Seats with customisable comfort are coming for air travellers.  Picture: THINKSTOCK
4 day(s) ago

Ski resorts in particular have gained increased interest, including among the black middle class

Trade & Industry

Sacci trade activity index manages to remain on upside

Picture: THINKSTOCK
5 day(s) ago

‘Marginally improved’ business climate in March helps keep trading conditions in positive territory despite challenging financial conditions

Land & Agriculture

SA agricultural ‘bridge builder’ Ntombi Msimang dies

Ntombi Msimang. Picture: FINANCIAL MAIL
4 day(s) ago

Ntombi Msimang, wife of former home affairs director-general Mavuso Msimang and chairwoman of Agri-Sector Unity Forum, dies at family home

Energy

Green energy now cheapest

 World Wide Fund for Nature SA Living Planet Unit head Saliem Fakir. Picture: FINANCIAL MAIL
4 day(s) ago

‘There is no question: renewables are now part of the energy mix’

Transport & Tourism

Transnet applies for electricity licence

Picture: SUNDAY TIMES
5 day(s) ago

State logistics group plans to regenerate 38MW by 2017, mostly using the technology of its new locomotives

Energy

Department gears up to start energy procurement

Picture: THINKSTOCK
5 day(s) ago

Department of Energy will start an 800MW co-generation procurement process this month, and buy 2,500MW of coal-fired energy next month

Opinion

ON THE MONEY: Investor diversity on the JSE would aid capital raising for risky ventures

Treasury thinks private investors will make bad decisions if they invested without an asset manager

Opinion

THICK END OF THE WEDGE: Foreign investment isn’t what it used to be

SA has to get capital from abroad, and we are putting up such a sorry show now that it would be hard to make a case for investing in the status quo

Economy

Retail sales slowdown is more than expected

Picture: THINKSTOCK
3 day(s) ago

Growth in retail sales slow to four-month low, reflecting households’ moderating spending as higher borrowing costs, and rising food and fuel prices erode disposable income

Energy

Power producers may face funding hurdle

Picture: THINKSTOCK
3 day(s) ago

While there is concern about liquidity, banks so far remain enthusiastic, writes Sue Blaine

Property

Randburg mall revamp ‘a success’

Laurence Rapp, CEO of Vukile Property Fund. Picture: BUSINESS DAY
3 day(s) ago

Vukile spends R207m on upgrading mall, increasing footfall 20% in last quarter of last year

Business

Concerns over moves to track down tax cheats

Picture: GALLO IMAGES/FOTO24/CORNEL VAN HEERDEN
3 day(s) ago

Moves by ‘early adopter’ countries to track down tax cheats and fight tax evasion raise questions about privacy and costs

African Business

Standard’s Africa index declines on Zimbabwe stocks

A Zimbabwe Stock Exchange official walks past an electronic display screen at the close of trading in Harare on Monday. Picture: REUTERS
3 day(s) ago

Zimbabwean stocks have been Africa’s worst performers, falling for a sixth day to the lowest since January last year

Transport & Tourism

Sanral bets on state guarantee as it resumes stalled bond sales

South African National Roads Agency CEO Nazir Alli. Picture: PUXLEY MAKGATHO
3 day(s) ago

South African National Roads Agency to issue as much as R500m of inflation-linked and fixed-rate securities

Energy

Entire board supports Matjila, says Tsotsi

Collin Matjila. Picture: MARTIN RHODES
3 day(s) ago

Eskom chairman Zola Tsotsi says acting CEO Collin Matjila has the board’s unanimous support and is well equipped for the job

Opinion

IN THE MARKETS: Cutifani being diplomatic about Rustenburg mines

Anglo American CEO Mark Cutifani is clutching at straws with his comments on operations in Rustenburg

Opinion

A platinum producers’ cartel is not practical

Restricting supplies is not the answer to the platinum industry’s woes — costs must be brought under control

Transport & Tourism

MyCiTi bus route reaches Atlantis

Patricia de Lille. Picture: FINANCIAL MAIL
5 day(s) ago

Western Cape extends its integrated rapid transit system, MyCiTi, to Atlantis, the latest deprived town to get the service

Transport & Tourism

Treasury to allocate R100m to promote domestic tourism

Kingsley Makhubela, director-general of the Department of Tourism. Picture: RUSSELL ROBERTS
5 day(s) ago

Treasury is due to allocate R100m to Sho’t Left, South African Tourism’s flagship domestic tourism marketing campaign

Transport & Tourism

Prasa ready to build central control centre

Gauteng MEC for transport Ismail Vadi. Picture: MARTIN RHODES
5 day(s) ago

But R51bn tender for manufacturer of commuter coaches is yet to be awarded

Financial Services

Significant changes in store for retail banking sector

Banking customers. Picture: THINKSTOCK
5 day(s) ago

Retail banking in 2020 will look very different from today as banks simplify their models, use innovation to their advantage, according to survey

Energy

Municipal reliance on electricity tariffs ‘impedes growth of small-scale generation’

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES
6 day(s) ago

Municipalities’ reliance on tariffs for revenue is holding back expansion of small-scale energy production, Western Cape climate change director says

Energy

Martins set to announce new electricity projects

Energy Minister Ben Martins. Picture: PUXLEY MAKGATHO
6 day(s) ago

Details of SA’s long-awaited procurement processes for new baseload and cogeneration independent power producer projects to be announced

Energy

Eskom energy efficiency scheme curtailed in hard times

Picture: THINKSTOCK
6 day(s) ago

Financial constraints have cut back the energy efficiency programme Eskom has run since 2004, the power utility says

Business

Mixed reactions to proposed small-business ministry

ANC secretary-general Gwede Mantashe. Picture: THE TIMES
6 day(s) ago

Contradictory views follow a hint by ANC secretary-general Gwede Mantashe that a ministry for small and medium enterprises could be announced after the elections

Telecoms & Technology

Communications laws enacted

Picture: REUTERS
6 day(s) ago

President Jacob Zuma enacts two long-awaited pieces of communications legislation

Property

Weak rand contributes to forecast of rise in listed property distributions

6 day(s) ago

Investec Asset Management expects distribution growth in listed property sector to accelerate slightly this year

African Business

Private equity helps drive African growth

Picture: THINKSTOCK
7 day(s) ago

Private equity has enabled businesses in Africa to grow by servicing rapidly gentrifying populations

 
All Share 48362.220.00% same
Top 40 43446.520.00% same
Financial 15 13650.320.00% same
Industrial 25 54866.520.00% same
Resource 10 56852.550.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge
 
FTSE 100 6625.250.00% same
Dow Jones 16408.540.00% same
All Share 48362.220.00% same
ASX 5444.800.00% same
S&P 500 1864.8500.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge
 
USD/ZAR 10.48950.00% same
GBP/ZAR 17.59970.00% same
EUR/ZAR 14.48180.00% same
JPY/ZAR 0.10240.00% same
AUD/ZAR 9.78190.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge
 
Gold 1294.90000.00% same
Platinum 1407.50000.00% same
Silver 19.57000.00% same
Palladium 794.00000.00% same
Brent Crude Oil 109.5300.00% same
All data is delayed by 15 min.
Data supplied by I-Net Bridge

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  • All Share : 48362.22
    Change: 0.00%
    Top 40 : 43446.52
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    Financial 15 : 13650.32
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    Industrial 25 : 54866.52
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    Resource 10 : 56852.55
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    All data is delayed by 15 min
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  • FTSE 100 : 6625.25
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    Dow Jones : 16408.54
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    ASX : 5444.80
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    S&P 500 : 1864.850
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    All data is delayed by 15 min
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  • ZAR/USD : 10.4895
    Change: 0.00%
    ZAR/GBP : 17.5997
    Change: 0.00%
    ZAR/EUR : 14.4818
    Change: 0.00%
    ZAR/JPY : 0.1024
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    ZAR/AUD : 9.7819
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    All data is delayed by 15 min
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  • Gold : 1294.9000
    Change: 0.00%
    Platinum : 1407.5000
    Change: 0.00%
    Silver : 19.5700
    Change: 0.00%
    Palladium : 794.0000
    Change: 0.00%
    Brent Crude Oil : 109.530
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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