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A South African Airways Airbus A320. Picture: SAA

SAA transfer to Treasury’s ambit has already begun

7 hour(s) ago

Elements of troubled airline’s long-term strategy must be implemented ‘with speed’, says finance ministry

Economy

Relief for motorists as petrol price set to drop in new year

10 hour(s) ago

Department of Energy gives notice of a ‘significant’ fuel price decrease in January, made possible by the decline in the price of crude oil on international markets

Healthcare

State postpones final medical demarcation regulations to 2015

Picture: THINKSTOCK
10 hour(s) ago

Final regulations on the demarcation between health insurance policies and medical schemes will only be released next year, says government

National

SARS deputy takes paid leave until suspension issue resolved

Ivan Pillay. Picture: GCIS
11 hour(s) ago

Reinstated deputy commissioner Ivan Pillay given notice of intention to suspend, must show cause to avoid this by January 12

National

‘Jobs for pals’ claims groundless, says Wesgro CE

Picture: TREVOR SAMSON
3 day(s) ago

ANC and Cosatu in the Western Cape claim CEO Tim Harris’s appointment has exposed the corrupt practices of the City of Cape Town

Business

New innovation unit to kickstart industries

Geoffrey Qhena. Picture: SUPPLIED
3 day(s) ago

The plans include a possible investment in the Eastern Cape’s sorghum industry as SA gears up to make biofuels from ethanol

Energy

Chevron SA says Burgan licence a ‘wake-up call’ on weak petroleum policy

Two men pass a long-liner docked at Cape Town harbour.  Picture: SUNDAY TIMES
4 day(s) ago

Local refining industry cannot compete with international players who leverage market share by importing products from mega-refineries in India and the Middle East

Business

Labour Court overturns SARS deputy commissioner Ivan Pillay’s suspension

Ivan Pillay. Picture: GCIS
3 day(s) ago

Judge rules that suspension of Mr Pillay by SARS is unlawful and constitutes a breach of contract

Picture: REUTERS

IMF warns banks on risks in Africa

Other African countries tend to have weak rules for money laundering and combating the financing of terrorism, raising the risk to SA, says report

African Business

Mobile banking is not taking off as expected, banker warns

Picture: THINKSTOCK
3 day(s) ago

Success of M-Pesa in Kenya has not been replicated except in Zimbabwe and Bangladesh

Standard Bank

Low growth globally will call for new approaches from agriculture

Nico Groenewald, head of agribusiness at Standard Bank. Picture: STANDARD BANK
17 day(s) ago

Every challenge incorporates fresh opportunities for farmers and agribusinesses able to spot them

Featured Partner

Seifsa

Business nails it with Seifsa-PIPs

Picture: SEIFSA
45 day(s) ago

Decision to transform Seifsa-PIPs subscription has led to growth in new subscribers, positive feedback from users, increased inquiries

Featured partner

Opinion

EDITORIAL: Get judge to probe SARS

Pravin Gordhan. Picture: TREVOR SAMSON

South African Revenue Service cannot be allowed to be undermined by this distasteful saga

Picture: THE NEW YORK TIMES/TONY CENICOLA

Four reasons your boss may not like you — and what you can do

If your relationship with your manager is prickly, icy, distant or strained, your career will suffer. The good news is you can take steps to change things for the better

Energy

Nuclear tender to follow talks with potential vendors

Picture: THINKSTOCK
5 day(s) ago

Presidency says procurement process will now be designed and launched, after talks with US, South Korea, Russia, France, Japan and China

Management

Two ways to get out from under your boss’s shadow

Picture: THE NEW YORK TIMES/TONY CENICOLA
7 day(s) ago

If you feel your climb up the corporate ladder is being impeded, here are two suggestions to help you make some headway

Business

Revelations about SARS pose more questions than answers

Tom Moyane. Picture: TREVOR SAMSON
5 day(s) ago

Truth is yet to emerge about the activities of an alleged covert unit as motives behind purge of officials is still unclear

Business Times

Empire-builder Wiese heads for the High Street

Christo Wiese. Picture: FINANCIAL MAIL
8 day(s) ago

Pepkor planning to take on dominant players Marks & Spencer and Next in Britain’s retail market

Life

The flaw in King’s board formula

Shoni Makhari. Picture: FREDDY MAVUNDA
7 day(s) ago

Shonisani Makhari says skills should outweigh independence when it comes to choice of directors, writes Lesley Stones

Business Times

Media moguls’ brave new world

Blackstar executive chairman Andrew Bonamour.   Picture: FINANCIAL MAIL
8 day(s) ago

Shareholders will welcome tie-up with Tiso, but journalists might bite their nails

Business

Cabinet’s SOE turnaround plans get mixed reception from international analysts

Picture: THINKSTOCK
10 day(s) ago

Cabinet’s mooted plan for state-owned enterprises receives mixed reception, with analysts saying plans will likely fall short of ‘decisive structural reforms’ needed

Land & Agriculture

New leadership brings expertise to Land Bank

Picture: THE TIMES
11 day(s) ago

The bank’s loan book grows from R12bn in 2008 to R33bn this year, far ahead of the growth in the capital base

Trade & Industry

Exporters fear poultry duty may threaten US trade deal

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

SA needs the trade benefits of Agoa, and allowing US chicken imports fair and reasonable access to the local market keeps prices in check

Business

Creation of covert SARS intelligence unit ‘done with state approval’

Ivan Pillay. Picture: GCIS
10 day(s) ago

Purpose was legitimate, to counter economic crimes, says Ivan Pillay

Energy

Gauteng looks to solar and waste energy for alternatives

12 day(s) ago

Strategy comes as the national energy grid has undergone what appears to be its most severe pressure to date

Financial Services

Corporate conscience efforts fewer but longer

Picture: THINKSTOCK
12 day(s) ago

Larger companies contribute the lion’s share of corporate social investment, with 31 firms accounting for half of this year's spend

Trade & Industry

Judge rejects urgent lotto operator bid

National Lottery. Picture: SUNDAY TIMES
12 day(s) ago

Ithuba Holdings can now go ahead with its preparations to take over the National Lottery at the end of May next year

Mining

Chamber Of Mines concerned about blackouts

Mike Teke, president of the Chamber of Mines. Picture: MARTIN RHODES
13 day(s) ago

Chamber of Mines concerned that Eskom’s rolling blackouts will have a negative impact on the mining sector and the economy

Retail & Consumer

Consumers ‘to spend more on food in festive season’

Picture: THINKSTOCK
13 day(s) ago

Survey shows South African consumers are becoming concerned about the strength of the economy and will cut back on travel and socialising in favour of food purchases

Energy

ANC urges Eskom to communicate better

Lynne Brown.  Picture: SUNDAY TIMES
13 day(s) ago

African National Congress says power utility must communicate its load-shedding schedules more effectively to minimise inconvenience, disruptions

Opinion

Barriers need to be removed for small businesses

It is less a case of weak demand for our exports and more a case of SA’s inability to supply them, writes Hilary Joffe

Business

Linking president to SARS upheaval is ‘mischief’, says Maharaj

Jacob Zuma. Picture: REUTERS/SIPHIWE SIBEKO
5 day(s) ago

President Jacob Zuma’s spokesman, Mac Maharaj, criticises Democratic Alliance leader Helen Zille’s claim that Zuma is trying to ‘capture’ the SA Revenue Service

Energy

Former Eskom employee sues for R100m

Eskom's Medupi station. Picture: ARNOLD PRONTO
5 day(s) ago

To add to Eskom’s woes, energy parastatal is facing a R100m lawsuit from former chief information officer Virgil Rabie

Trade & Industry

Disputes threaten motor industry

Picture: THINKSTOCK
5 day(s) ago

Arrival of Nigeria as a possible major vehicle manufacturer is another reason to bang heads together in search of a solution

Energy

Burgan claims Chevron actions ‘uncompetitive’

Two men pass a long-liner docked at Cape Town harbour.  Picture: SUNDAY TIMES
5 day(s) ago

Burgan is pursuing its complaint against Chevron as it believes the company wants to keep a grip on its virtual monopoly of the Western Cape market

National

Border control may have sparked turmoil at SARS

Ivan Pillay. Picture: GCIS
5 day(s) ago

Lack of adequate border controls encourages many economic crimes, including trade in illicit cigarettes, drugs, rhino horn and ivory smuggling

Financial Services

Revised financial regulation bill clarifies ‘twin peaks’

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

The revised twin peaks bill — open to comment until March 2 — includes changes to improve its legal enforceability and to give authorities the powers they need to enforce laws

Business

Fears of SARS purge as ructions deepen

Tom Moyane. Picture: TREVOR SAMSON
7 day(s) ago

The latest to resign is Jerome Frey, head of modernisation and strategy — other suspended members will challenge their suspensions in the Labour Court this week

Transport & Tourism

SAA board decides not to reinstate suspended CEO Kalawe

SAA CEO Monwabisi Kalawe. Picture: PUXLEY MAKGATHO
7 day(s) ago

No reasons have been given for CEO's suspension, but SAA has previously said he was ‘on leave’ which his lawyer says is dishonest

Business Times

Court cuts off inventor of Please Call Me

Nkosana Makate. Picture: SOWETAN
8 day(s) ago

Nkosana Makate says he is baffled by a high court refusal this week to let him appeal against an earlier judgment in favour of Vodacom

Business Times

Ivanhoe drills into mistrust at Platreef

Robert Friedland, executive chairman of Ivanhoe Mines. Picture: MARTIN RHODES
8 day(s) ago

Secret payments and confusion about who benefits from resource extraction have bred mistrust between communities, traditional authorities and Ivanhoe

Financial Services

Peer-to-peer lender moves into SME field

Sean Emery. Picture: ROBERT TSHABALALA
7 day(s) ago

Rainfin’s decision to diversify can help in facilitating growth in the small business sector

Financial Services

Retirement benefit battle stretches back to 1970s

Mine worker.  Picture: EPA
7 day(s) ago

Former mine workers fight to find out where provident funds were invested

Financial Services

Treasury releases revised draft of Twin Peaks regulation system

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

It is hoped that Twin Peaks will ensure more stability within SA’s financial system, writes Evan Pickworth

National

Taxman misses out on R2.5bn due to illicit alcohol

Picture: THINKSTOCK
11 day(s) ago

Euromonitor says the biggest contributor to the illicit market is cheap, home-brewed beverages such as traditional beers

Property

Black talent missing on property boards

Dipula Income Fund CEO Izak Petersen. Picture: FINANCIAL MAIL
11 day(s) ago

Sector says black professionals are not party to potential deals

Opinion

UNEMBARGOED: Who benefited from spying at the tax office?

A clash at SARS in 2007 focused on whether the National Prosecuting Authority could include tax charges on the rather long rap sheet to which President Jacob Zuma had to answer, writes Songezo Zibi

Media & Advertising

High court denies SA pornography channel appeal bid

Picture: THINKSTOCK
12 day(s) ago

An order to remit a decision on licensing of three pay pornography channels back to Icasa is upheld

Business

SA companies’ fraud stats lead the world

Picture: THINKSTOCK
12 day(s) ago

Tackling cybercrime head-on requires vigilance and diligence

Telecoms & Technology

Kalahari.com strains under deluge of orders

Picture: THINKSTOCK
12 day(s) ago

Shoppers complain mainly about items that had been ordered and paid for being out of stock and difficulties with accessing the e-commerce website

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