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Picture: REUTERS

Jobs and R800m pledge unblocks bottling merger delay

The tie-up between divisions of SABMiller, Coca-Cola and the operations of the Gutsche family will create Africa’s largest soft drinks bottler

Land & Agriculture

SA’s cotton crop halves as farmers switch to maize

Picture: ISTOCK

Farmers were prompted to switch to more profitable crops after last year’s drought and an increase in maize prices

Retail & Consumer

Commission requests another extension to look at SAB deal with AB InBev

Picture: SOWETAN

The Competition Commission was due to finish its investigation by Thursday, and has already extended the deadline four times

Transport & Tourism

Taxi council wants powers to act on reckless driving

Picture: SUNDAY TIMES

Santaco says that because it does not issue driving and operating licences‚ it cannot suspend or expel drivers or taxi owners

Media & Advertising

Western Cape print loss figures raise red flags

newspapers media xxx Picture: THINKSTOCK

Amps double-checked its data after the Western Cape readership fall, and Media24 and Independent Media claimed to have found ‘inconsistencies’ in their figures

Trade & Industry

Breeders stew over how to slow pace of chicken growth

Picture: THINKSTOCK

Today’s commercial chickens are bred to grow to twice the size of birds from 50 years ago in around half the time, making for bigger savings and better profits

Energy

Onshore gas field goes commercial

DEAL SIGNED: Nick Haines, left, head of Linde’s global helium and rare gases source development, and Afrox CEO Schalk Venter are launching SA’s first commercial onshore gas field. Picture: FREDDY MAVUNDA

The deal requires Linde to build a state-of-the art helium extraction plant at a cost of about R200m

Telecoms & Technology

State says it is forging ahead with digital TV migration

Picture: THINKSTOCK

Communications department promises full migration to digital by next year but a pending court challenge threatens a further delay

Opinion

BEE MATTERS: Businesses need to plan meticulously to meet new BEE codes

Mineral Resources Minister Mosebenzi Zwane says the new mining charter emphasises using broad-based collective ownership programmes for the mining industry, says the writer. Picture: TREVOR SAMSON

Newly sharpened tools of transformation require extensive business planning to implement

Mossack Fonseca building in Panama. Picture: EPA/ALEJANDOR BOLIVAR

What financial transparency means in Panama Papers era

South Africa is a signatory to the transparency-focused Common Reporting Standard which goes live next year, write Andrew Knight and Anthony Markham

Seifsa

Seifsa publication the authority on SA metals and engineering cost escalation

Henk Langenhoven, chief economist SEIFSA. Picture: SEIFSA

Price and Index Pages provide credible information, calculations and interpretation to advance business interests

Featured partner

Opinion

LEADERSHIP MATTERS: State company CEs must speak truth to power

Eskom CE Brian Molefe. According to the author, the best people to lead state-owned entities are those who learn from mistakes. Picture: MARTIN RHODES

Public-private initiatives to rescue SOEs will fail if political interference, dysfunctional boards, red tape, and manipulated procurement continue

Transport & Tourism

Rail contractor promises not to disappoint

Xolani Mkhwanazi.   Picture: SUPPLIED

Gibela Rail Transport Consortium has a R51bn contract to deliver 600 trains to the Passenger Rail Agency of SA

Financial Services

Retirement savings industry lament onerous regulations

Picture: THINKSTOCK

Retirement industry groups finding asset allocation rules increasingly restrictive, and say they are not able to benefit from stronger economic growth offered in other countries

National

Johannesburg committed to developing job intensive economy: Tau

Johannesburg executive mayor Parks Tau.  Picture: PUXLEY MAKGATHO

The city’s growth and development strategy, which runs until 2040, was a ‘covenant’ to build a new economic democracy

Financial Services

Twin Peaks bill conflates principles of control and influence, says Asisa

Treasury deputy director-general Ismail Momoniat. Picture: MARTIN RHODES

Association for Savings and Investment SA’s submission to Parliament says the bill’s reporting obligations are too broad, while ombuds raise concern about independence

Picture: THINKSTOCK

Three tips for improving strategy through mindfulness

Mindfulness meditation is being used to bring authenticity and intention to leadership, and is now also proposed as a way for organisations to craft good strategy

Mining

Court scuppers lawyer’s bid to join Chamber of Mines charter case

Picture: ARDBEL

Industry says it is committed to transformation, while Scholes wants the charter set aside

Economy

Banks in rude health despite increased risks

Lesetja Kganyago. Picture: FREDDY MAVUNDA

Credit to corporates is slightly above its long-term trend and is driving growth in domestic credit extension

Energy

Linde to take helium from Renergen’s Free State find

Renergen CEO Stefano Marani (left) and Afrox managing director Schalk Venter (right) signing the deal on Thursday that commercialises SA’s first onshore helium and natural gas field in the Free State.  Picture: SUPPLIED

Agreement to construct R200m liquefaction plant will allow commercialisation of SA’s first onshore gasfield

National

M1 bridge collapse inquiry postponed for a second time

Paramedics attend to those injured in the collapse of a pedestrian bridge over the M1 in Johannesburg on October 14 2015. Picture: EPA

Labour Department says it has received ‘extensive’ reports only from Murray & Roberts and Form-Scaff

Business

SABMiller and Coke commit to helping entrepreneurs

Picture: REUTERS

SABMiller, The Coca-Cola Company and Gutsche Family Investments will invest in developing entrepreneurs to gain competition authority approval for merger

Business

Gordhan criticises ‘arrogance’ of some state owned companies’ boards

Pravin Gordhan. Picture: ALON SKUY/THE TIMES

They showed a tendency to display arrogance and belligerence not befitting corporate governance when doing things they were not supposed to do

Transport & Tourism

Cape Town hopes weak rand will lure tourists over winter

Bantry Bay, Cape Town.  Picture: SUNDAY TIMES

Tourism contributes millions to Cape Town’s economy, but the city is not seen as an attractive destination over winter because of its cold, wet and windy weather

Opinion

Business must win friends and influence government

Pravin Gordhan. Picture: ALON SKUY/THE TIMES

The private sector needs to show how businesses will contribute towards remedying urgent social priorities

Trade & Industry

Expansion of diplomacy boosts trade with rest of Africa, says minister

International Relations and Co-operation Minister Maite Nkoana-Mashabane briefs the media after delivering her vote speech in Parliament on Tuesday. Picture: TREVOR SAMSON

International Relations and Co-operation Minister Maite Nkoana-Mashabane says trade with the continent is up from R11.4bn in 1994 to R385bn in 2015

Management

Three problems with hiring for cultural fit

Picture: ISTOCK

Three problems that are likely to emerge if homogeneity supersedes diversity

Property

Housing development planned near Midrand’s new Mall of Africa

The Mall of Africa. Picture: SUPPLIED

Gauteng premier David Makhura, who sees the mall as a sign of business faith and trust in the province, said it is important people work where they live

Travel & Food

Ungovernable cider Sxollie will shout revolution from the tables

Karol Ostaszewski and  Laura Clacey with their cider brand, Sxollie.  Picture: SUPPLIED

The cider boom is about to hit Mzansi and Karol Ostaszewski is ready, writes Eugene Yiga

Management

Rise of the activist CEOs

Picture: THINKSTOCK

To attract promising young employees and to woo today’s customers, many companies are projecting a corporate ethos that goes beyond profit

Opinion

Diamond’s new kid may join up with Absa

Atlas Mara’s consortium bid to control Barclays Africa could reshape African banking

Opinion

Buffett offers spritely sage’s advice

The Sage of Omaha fears terrorist attacks most regarding Berkshire’s future prosperity, while shareholders worry about a post-Warren Buffett world

Land & Agriculture

Drought-hit SA importing maize to cover shortfall

Picture: ISTOCK

Yield drops 28% from last year, writes Madeleine Van Niekerk

Land & Agriculture

Fertilizer sales expected to rise

Picture: REUTERS/SIPHIWE SIBEKO

Association proposes changes to Fertilizer Bill including regulations related to municipal compost, sewage sludge, and farm manure destined for the garden and household market

Innovation

South African team a finalist for engineering innovation award

Picture: THINKSTOCK

SA entry consists of solar panels built into a shipping container to provide energy in rural villages, and is up against entries from Cameroon, Kenya and Uganda

Standard Bank

JSE Sens

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