• Thursday, July 30 2015
  • JSE Sens
  • Subscribe
  • Register

Energy

Two suspended executives return to PetroSA — but only to the board

Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL

In a dramatic twist, suspended executives may have backed moves to isolate former board chairwoman Nonhlanhla Jiyane, who quit this week

Healthcare

Basic medical aid could soon be within reach of the poor

Picture: THINKSTOCK

Very basic benefit options could cost as little as R200 per person a month

Transport & Tourism

SA digs in on African business visas

Picture: SUNDAY TIMES

Department of Home Affairs strongly resists bid by the East African Community for business visas to be issued on arrival

National

Banks warn Expropriation Bill will create risks for bond debtors

Dr Anthea Jeffery, left, of the Institute of Race Relations, and Deputy Public Works Minister Jeremy Cronin address the public hearings on the Expropriation Bill in Parliament on Tuesday. Pictures: TREVOR SAMSON

Bill allows state to expropriate private property and pay compensation equal to 80% of market value

Retail & Consumer

Gauteng backs probe into expansion of retail grocery sector in townships

Picture: SUNDAY TIMES

Entrepreneurs have been, and continue to be, crowded out of the market, writes Samuel Mungadze

Property

Spate of malls reflects an African metamorphosis

Zambians walk past a Shoprite store in the capital Lusaka. South African-built shopping malls in Zambia and many other African countries are changing the way locals shop. Picture: REUTERS/SALIM HENRY

South African-built shopping malls in Zambia and many other African countries are changing the way locals shop, writes Andrew England

Transport & Tourism

Satawu urges return of Prasa’s Montana

Lucky Montana. Picture: MARTIN RHODES

Union threatens to disrupt Passenger Rail Authority of SA unless former CEO Lucky Montana returns

Management

Standard toilets at work a pain in the backside

Picture: THINKSTOCK

Bathroom design can ease anxieties about spending a penny in the restroom at work, writes Rebecca Greenfield

Opinion

Links in value chains driving BBBEE

Organisation for Economic Co-operation and Development champions broad-based black economic empowerment as a means to reduce poverty and inequality

Opinion

Black businesspeople must capitalise on FSB move

Financial Services Board’s move has created many more opportunities than expected, but black capital has not aggressively taken advantage of them

Picture: THINKSTOCK

A guide to dealing with narcissistic bosses

They’re envious of others and believe others envy them; and behave in an arrogant manner, writes Rean Du Plessis

Absa

Absa Wealth offers local investors with innovative risk management solutions

Picture: iStock

Investors looking to mitigate concentration risk, or protect against market fluctuations will now benefit from risk management capabilities of Barclays network

Featured Partner

The Field Office

Success should be a result, not luck

Picture Andries Joubert

Implement right sales system so business success becomes inevitable outcome and not wishful stroke of luck, advises Duaan Dekker of Field Office

Featured Partner

Trade & Industry

GM plans new line for emerging markets

Chevrolet cars are seen at a General Motors dealership. Picture: REUTERS

General Motors in surprise announcement it plans to invest $5bn to create a new line of vehicles for emerging markets

Financial Services

Bids to tighten legal privilege in tax dealings

Rows of taxpayers  wait to be assisted with their income tax returns at the SARS office in Port Elizabeth. Picture: THE HERALD/FREDLIN ADRIAAN

Treasury and the South African Revenue Service challenge validity of legal privilege to withhold documents

Industrials

NEWS ANALYSIS: Ideology hampers recovery of a sector on its knees

Economic Development Minister Ebrahim Patel. Picture: TREVOR SAMSON

State’s desire to use metals production and beneficiation to ‘re-industrialise’ the country is paralysed by contradiction, writes Mark Allix

Labour

Union suspicion over gold sector wage offer

Picture: THINKSTOCK

Village’s deal with unions will, in principle, increase the basic salary for categories 4-8 workers by R1,000

Economy

Job losses are a social threat, says Mantashe

Gwede Mantashe. Picture: PUXLEY MAKGATHO

The private sector will only realise the dangers of high unemployment when disruptions begin, warns ANC secretary-general Gwede Mantashe

Energy

Now chair quits embattled PetroSA

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES

State oil company PetroSA's board now lacks quorum following suspension of executive directors

Trade & Industry

New web-based docking system a boon for SA’s ports

The Mare Caribicum lies at anchor off Port of Ngqura . Picture: THE HERALD

South African harbours go hi-tech with the latest state-of-the-art information technology turning the country’s ocean gateways into smartports

Cranes unload iron ore from a ship at a port in Rizhao, Shandong province, China.  Picture: REUTERS

Warning bells are sounding as mining enters slow death

The mining supercycle bust throws the doors open to a reality so impossible to comprehend, for now, that even the state cannot bring itself to think about it — an SA with little or no mining activity, writes Mamokgethi Molopyane

Economy

Fewer companies liquidated in June, Stats SA data show

Picture: THINKSTOCK

Fewer companies were liquidated last month compared with previous month and year ago, despite difficult economic conditions such as weak demand

Energy

SA’s crude reserve depot is filled to capacity

Oil refinery. Picture: THINKSTOCK

Traders have been hoarding oil to take advantage of market in contango, when oil available soon is cheaper to buy, store to take advantage of higher future prices

Property

Randburg set for business reboot

Laurence Rapp, CEO of Vukile Property Fund. Picture: BUSINESS DAY

Efforts are under way to make Randburg’s central business district a successful office node again

Transport & Tourism

Attorneys back Prasa call for firms’ bid clarity

Picture: THINKSTOCK

Advice drafted by attorneys Ledwaba Mazwai appears to contradict the findings made by Passenger Rail Agency of SA internal auditors

Telecoms & Technology

Cyber criminals find SA online users easy to milk

Picture: THINKSTOCK

Expert says the SA internet market is dominated by older-generation mobile devices, which usually run on Android operating systems that are especially susceptible to hacking

Financial Services

With milk and roses, Africa woos private equity funds

Picture: THINKSTOCK

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising

Economy

Low growth, job cuts worry ANC lekgotla

Gwede Mantashe. Picture: MAKWENA MANAMELA

Manufacturing a key sector for reindustrialisation of economy, says Mantashe after midyear meeting

Energy

Bid to fire PetroSA executives meets legal hurdle

Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL

Documents say PetroSA’s board is divided on the assignment of blame for the continuous underperformance of crucial large capital projects

Energy

Advocacy group asks what chance fracking has of succeeding in SA

A worker cleans and lubricates the head of the machine after the hydraulic fracturing of a gas field segment at Southwestern Energy's natural gas production site at the Marcellus Shale formation in Camptown, Pennsylvania, US. Picture: BLOOMBERG/JULIA SCHMALZ

If big names can’t make profit in US, where everything is stacked in favour of shale gas‚ how can one expect to come to SA and get it right, asks Treasure Karoo Action Group

Transport & Tourism

Prasa chairman shrugs off ‘assassination plot’

Popo Molefe. Picture: SOWETAN/SUNDAY WORLD

Prasa chairman Popo Molefe sees death threats as directly linked to fallout with former CEO Lucky Montana

Financial Services

Treasury tackles fees in retirement fund rules

Picture: THINKSTOCK

Proposed regulations plan an overhaul of default investment options to prevent complex and high charges being levied

Mining

Another ‘Marikana’ averted in Burgersfort truce

Ngoako Ramatlhodi.  Picture: MARTIN RHODES

Ramatlhodi’s intervention in strife-torn Burgersfort will see mining companies prioritise locals when hiring

Land & Agriculture

Fungus hits lemon exports to the EU

Picture: THINKSTOCK

Fears grow that suspension of organic lemon exports could further jeopardise the R10bn industry

Trade & Industry

Chemical sector straining under weight of load shedding, power costs

Picture: THINKSTOCK

Electricity hikes and load shedding are limiting growth in chemical sector, chemical cluster imbizo hears

Opinion

SA cannot bank on bulwark against reckless racial agenda

New draft regulations suggest the Treasury is no longer able or willing to resist the racial agenda being pursued by President Jacob Zuma’s allegedly directionless government

Opinion

ON WORK: A blast of common sense that frees us from appraisal farce

Should Deloitte and Accenture say sorry for all those useless annual appraisal systems they have prescribed in the past?

Energy

Eskom open to coal imports for new power stations

Koeberg nuclear power station at sunset.

Eskom is open to importing coal for plants it still plans to commission, coal conference hears

Healthcare

Medical aids urged to fight for new law

Humphrey Zokufa. Picture: TREVOR SAMSON

New law a fiercely contested piece of legislation governing the extent to which medical schemes must cover their members’ bills

Trade & Industry

Mooted act aims to bolster SA export performance

Picture: THINKSTOCK

Proposed legislation is expected strengthen and streamline the fragmented institutional framework for developing exports

National

SA’s water crisis is already here, warn engineers

Picture: THINKSTOCK

SA’s water shortages will not be as immediately visible as the load shedding arising from electricity shortages. It will show only when it's too late, says expert

Transport & Tourism

Prasa confirms resignation of former head of engineering services

Transnet. Picture: BLOOMBERG/DEAN HUTTON

Passenger Rail Agency of SA confirms it received letter of resignation from former head of engineering services at Prasa Rail‚ Daniel Mtimkulu

Opinion

Transfer pricing is truly well regulated in SA

Mining. Picture: THINKSTOCK

Chamber of Mines-commissioned report by Deloitte notes SA has adopted the best (Organisation for Economic Co-operation and Development) standards

Opinion

Investors should cast net wide

Different disciplines offer ‘different models’ of best practice in the bewildering phenomenon of the investment world

Industrials

Denel banks on Rooivalk orders

Rooivalk helicopters take part in the Waterkloof Air Show in Pretoria. Picture: KEVIN SUTHERLAND

State arms manufacturer awaits green light for more Rooivalk assault helicopters after Congo successes

Energy

PetroSA executive’s suspension challenge in court

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES

Chief financial officer argues in court the bulk of the R14.9bn loss faced by the company arose mostly from impairments prior to her tenure

Financial Services

The best is still ahead for black accounting firms

Nonkululeko Gobodo. Picture: SUNDAY TIMES

New growth spurt needed after at least 20 years in operation, writes Phakamisa Ndzamela

Trade & Industry

New SA crude blending terminal to supply Asia from 2017

Picture: THINKSTOCK

Using world’s first dedicated crude oil blending terminal, SA will by 2017 mix different grades of crude oil for export to refineries across Asia

Energy

V&A to install solar panels to lessen dependence on grid

The V&A Waterfront, Cape Town. Picture: SUNDAY TIMES

V&A Waterfront project is expected to save enough energy to power 574 four-person households for one year

Energy

Bleeding Eskom to lose top engineer

Electricity pylons. Photo: THINKSTOCK

Systems operations head quits ’to attend to family matters’, joining at least four other top managers this year

Energy

Nuclear shown to be a solid investment, says department

Zizamele Mbambo.  Picture: SOWETAN

Cost of the programme will only be known when the bidding stage gets under way in a fortnight

Land & Agriculture

SA citrus specialists to visit EU over black spot row

Picture: CLEMENGOLD

EU has imposed a number of bans on most imports of citrus from SA over concerns the fungus may be transmitted to European orchards

Science & Environment

Department awaits Africa budget allocation for SKA

One of two MeerKAT dishes that have so far been built. Picture: TREVOR SAMSON

Department of Science and Technology director-general Phil Mjwara says allocation of the African share of budget for Square Kilometre Array still at least 18 months away

Energy

Documents in suspension battle reveal PetroSA’s financial disaster

Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL

Scale of financial disaster unfolding at state-owned petroleum company PetroSA publicly revealed for first time in court documents

National

Labour officials to crack down on job equity failures

Picture: SUNDAY TIMES

Top echelons of management still overwhelmingly dominated by men, with women’s share rising only slightly to 20.8%

Standard Bank

Share search

Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
  • All Share : 51598.5351
    Change: 1.66%
    Top 40 : 46108.867
    Change: 1.81%
    Financial 15 : 17065.5458
    Change: 1.47%
    Industrial 25 : 66785.8863
    Change: 1.81%
    Resource 10 : 35800.261
    Change: 1.80%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6555.28
    Change: 0.00%
    Dow Jones Industrial : 17630.27
    Change: 0.00%
    All Share : 51598.5351
    Change: 1.66%
    ASX All Ordinaries : 0
    Change: 0.00%
    S&P 500 index : 2093.25
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 12.5702
    Change: 0.24%
    ZAR/GBP : 19.5666
    Change: 0.22%
    ZAR/EUR : 13.7786
    Change: 0.12%
    ZAR/JPY : 0.1008
    Change: 0.10%
    ZAR/AUD : 9.1743
    Change: 0.46%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • N/A : 1096.19
    Change: 0.00%
    Platinum US$/oz : 985.4
    Change: 0.00%
    Silver US$/oz : 14.82
    Change: 0.00%
    Palladium US$/oz : 621.75
    Change: 0.00%
    Brent Crude : 53.55
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by Profile Data
Content