• Monday, September 15 2014
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Retail & Consumer

Heineken family said to have rejected SABMiller takeover bid

Picture: SUNDAY TIMES
4 hour(s) ago

SABMiller said to have made offer to help defend itself against a potential bid by world’s largest brewing company AB InBev

Industrials

Rob Davies credits intervention for factories’ health

Trade and Industry Minister Rob Davies. Picture: MARTIN RHODES
5 hour(s) ago

Trade and industry minister ascribes positive gains the manufacturing industry has made to government intervention

Energy

Treasury backs power price hikes

Picture: THINKSTOCK
4 hour(s) ago

Package of measures including tariff increases and equity injection approved for Eskom, which needs an extra R225bn over next three years

BusinessDay

First power for Medupi on track

Eskom's Medupi station. Picture: ARNOLD PRONTO
3 hour(s) ago

Eskom begins 100-day countdown when synchronisation of first of Medupi power station’s six units with national grid is scheduled to take place

Land & Agriculture

Tongaat share spikes despite falling prices

Picture: THINKSTOCK
2 hour(s) ago

Tongaat’s share price has jumped 51.5% since late March to R164.50, while Illovo Sugar’s stock has gained 5.4% over the same period to R27.75

Mining

Finding new deposits of diamonds ‘crucial’

SHINE: Diamond buyer Elliot Tannenbaum, from the Leo Schachter Diamond Group, looks at uncut diamonds at De Beers’ offices in London in August this year. Picture: REUTERS
4 hour(s) ago

Synthetic diamonds ‘can threaten the market’ if supply of natural diamonds cannot keep up with demand

Property

Residential property market picking up

Picture: THINKSTOCK
4 hour(s) ago

Real estate agencies believe the market has moved back to pre-recession levels

Business Times

Cops delay Telkom CEO's day in court

Telkom CEO Sipho Maseko. Picture: ARNOLD PRONTO
21 hour(s) ago

Delays in police inquiry stall court bid by the man who accused Telkom CEO Sipho Maseko of driving with cloned number plates

Business Times

Return to sender as Post Office staff strike

A van smoulders after burning out at the Saxonwold depot in Rosebank, Johannesburg, after it was set alight by striking workers.  Picture: MICHAEL ETTERSHANK.
22 hour(s) ago

South African Post Office has been plagued by five long strikes over the past three years, with the biggest strike costing the organisation more than R100-million

Business Times

Accounts of Pikoli row don’t add up

Nonkululeko Gobodo. Picture: FINANCIAL MAIL
19 hour(s) ago

Nonkululeko Gobodo says her firm does not bow to ANC influence — despite the state contracts

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES

NEWS ANALYSIS: A nuclear tale that sounds too good to be true

Despite the good ‘build now, pay later’ message, the probability is that it will be business and consumers that not only pay later, but pay much more, writes Carol Paton

Business

Bookmakers want gaming companies to lose licences

Picture: REUTERS
3 hour(s) ago

Associations issue notices to all SA’s provincial gambling boards requesting them to withdraw sports betting licences issued to the three main players

Media & Advertising

Moneyweb to move house to save costs

Moneyweb chairman Paul Jenkins. Picture: FINANCIAL MAIL
2 hour(s) ago

Moneyweb currently operates from the mixed-use Melrose Arch precinct in Johannesburg — which is considered one of SA’s prime real estate developments

Land & Agriculture

Capespan buys stake in clearing specialist

Capespan MD Johan Dique. Picture: FINANCIAL MAIL
2 hour(s) ago

Capespan MD Johan Dique says acquisition of Aspen will unlock significant synergies in its fruit logistics operations

Energy

Ipsa plans to take advantage of Eskom’s falling reserve margin

Picture: THINKSTOCK.
2 hour(s) ago

JSE’s only listed independent power producer has addressed legacy issues and is gearing up to seize opportunities offered by Eskom’s shrinking reserve margin

Mining

Union may strike if Sibanye cuts jobs

Neal Froneman. Picture: MARTIN RHODES
2 hour(s) ago

Sibanye Gold could face strike action if restructure process being evaluated by the mining house involves job cuts, says National Union of Mineworkers

Standard Bank

Strategic planning crucial for commercial businesses

Head of Commercial Banking at Standard Bank Craig Polkinghorne. Picture: STANDARD BANK
13 day(s) ago

Good management and business practices remain the key disciplines for South African businesses during tough economic conditions

Featured partner

Opinion

Alternatives to investment

Here are a few things you might want to do while whittling away the time

Picture: THE TIMES

Retailers strive to adapt as customers struggle

Supermarket chains turn to innovative promotions to attract cash-strapped consumers, writes Zeenat Moorad

Energy

Eskom to raise more debt, get state equity injection

Picture: THINKSTOCK
17 hour(s) ago

Treasury approves support package for SA power utility, which is scrambling to keep the lights on and maintain its own liquidity

Business Times

Under-fire NUM says it is still blue-collar

Members of the National Union of Mineworkers listen to proceedings at a hearing into the Marikana massacre last year.  Picture: SOWETAN
22 hour(s) ago

National Union of Mineworkers says alliance with the ANC does not mean it has lost touch with the working class

Business Times

SA vineyards make African inroads

Picture: THINKSTOCK
22 hour(s) ago

Local wine producers trying to capitalise on the booming middle-class market in Africa

Business Times

Meet tech’s new wearable

23 hour(s) ago

Not since Steve Jobs’s black turtleneck has a piece of clothing been so talked about after an Apple product unveiling

Business Times

Currency weakness a bitter pill

Aspen Pharmacare CEO Stephen Saad. Picture: SUNDAY TIMES
22 hour(s) ago

Heavier regulatory burdens, significant exchange-rate movements making it potentially unviable for some products to remain on the shelves, says Aspen Pharmacare CEO

Financial Services

Global players recognise ‘value of emerging markets’

Picture: THINKSTOCK
3 day(s) ago

LeapFrog Investments says global financial services players have realised emerging-market consumers represent future growth market

National

Grants agency told to protect beneficiary data

Social Development Minister Bathabile Dlamini. Picture: TREVOR SAMSON
3 day(s) ago

CPS threatened with court action if it fails to sign service-level agreement which will protect beneficiary data and prohibit third-party deductions from grant payments

Mining

Mining output falls to 19-month low as platinum weighs

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

Mining output compounds doubt about whether Reserve Bank will hike interest rates as the economy suffers

Business

‘Favourable environment’ is the best route to beneficiation

Roger Baxter, senior executive at the Chamber of Mines. Picture: MARTIN RHODES
4 day(s) ago

Contrary to view promoted by Department of Trade and Industry, the cost of raw materials is not the major factor holding back beneficiation, says Roger Baxter

Financial Services

Sasfin to enter minibus financing market

Sasfin CEO Roland Sassoon. Picture: FINANCIAL MAIL
4 day(s) ago

Financial services company looks to lend about R250m in a move that will see it compete with SA Taxi and likely reduce cost of borrowing for minibus operators

Trade & Industry

SA ready to fight EU ban on citrus fruit

Picture: THINKSTOCK
5 day(s) ago

Combined application by Agentina and US to WTO over EU sanitary and phyto sanitary rules favoured

Media & Advertising

Naspers ‘plans sale of Swiss retailer’

Picture: SHELLEY CHRISTIANS
3 day(s) ago

Ricardo.ch, which sells fashion and electronics and operates online marketplaces for cars and other products, might be valued at as much as $500m

Energy

Fragmented laws ‘cause confusion in gas sector’

Hydraulic fracturing drilling in Colorado, US. Picture: THINKSTOCK
5 day(s) ago

Nersa says fragmented legislation and regulation causing confusion and nervousness for potential gas-sector investors

Opinion

High court vindicates watchdog’s inquiry into private health sector

Netcare. Picture: FINANCIAL MAIL

Judgment in Netcare vs KPMG makes it clear market inquiry is a truth-seeking exercise, carried out by the commission in line with its constitutional mandate

Opinion

Decisions best reached with instinct and analysis

Picture: THINKSTOCK

Expertise can always be enhanced by the power of data analysis and the implementation of scientific techniques

Business Times

Watch rivals scorn new Apple timepiece

The new Apple Watch is pictured during an Apple event at the Flint Center for the Performing Arts in Cupertino, California, on Tuesday.  Picture: REUTERS
21 hour(s) ago

Long-awaited smartwatch looks 'too feminine', design will not stand the test of time, says luxury giant LVMH’s watch guru

African Business

Belarus to set up joint ventures, assembly plants in SA

Picture: THINKSTOCK
3 day(s) ago

Possible partnership between Black Business Council, Minsk Automobile and Kaya Automobiles for the manufacturing of buses on the cards

Economy

Manufacturing and mining output plunges

Picture: THINKSTOCK
3 day(s) ago

Sectors account for 20% of GDP, and performance supports case for weak economic growth and unchanged interest rates

Business

Competition appeal initiative snubbed

Yasmin Carrim. Picture: MARTIN RHODES
3 day(s) ago

Tribunal with a broader economic ambit proposed, writes Amanda Visser

Opinion

Black business must show it can produce a Sanlam

Africans need to demonstrate that they can start, build and sustain solid businesses

Opinion

Somalis caught between devil and spaza shop

People who are entrepreneurial enough to risk death and set up business among people who loathe them cross our borders daily

Trade & Industry

Reprieve in store for SA fruit farmers

Picture: THINKSTOCK
3 day(s) ago

Hard-pressed citrus farmers may soon receive revenue fillip if US alters regulations to allow more SA exports of oranges and grapefruit

Land & Agriculture

Land Bank seeks World Bank loan for emerging farmers

Picture: THINKSTOCK
5 day(s) ago

If granted, the loan would allow the bank to expand its activities in financing emerging farmers

Energy

SA key to success of Congo’s Inga 3 project

Tina Joemat-Pettersson. Picture: GCIS
5 day(s) ago

Project, which is part of ambitious plan to harness power of Congo River, will be important catalyst for industrial development in Africa

Trade & Industry

SA hopes to resume Iran oil imports in three months, says Mfeketo

Picture: THINKSTOCK
5 day(s) ago

South Africa halted crude purchases from Iran in June 2012 because of Western sanctions imposed against that country’s nuclear programme

Land & Agriculture

Forestry industry claims regulations stunted timber plantations’ growth

Picture: THINKSTOCK
6 day(s) ago

Forestry South Africa says state broke its promises on timber plantations

Financial Services

State Bank of India to lend to SA firms

Ismail Momoniat. Picture: ROBERT TSHABALALA
7 day(s) ago

India’s largest lender has faith local businesses will grow, despite slow movement upwards this year

Property

Failed property deals raise questions

Keillen Ndlovu, head of the Stanlib Property Income Fund. Picture: FINANCIAL MAIL
7 day(s) ago

Collapse of Vukile’s bid for Synergy shows suitors must try harder to assess true value, say analysts

Trade & Industry

SA citrus growers halt fruit exports to EU

Picture: CLEMENGOLD
7 day(s) ago

EU export stoppage costs growers around R1bn as they aim to prevent a permanent ban over citrus black spot

Transport & Tourism

Row hits Durban BRT network plan

Durban's beachfront. Picture: SUNDAY TIMES
7 day(s) ago

A bitter standoff is threatening the construction of Durban’s R22bn bus rapid transport network with throngs of job seekers halting work on the project last week

Economy

Mechanisation ‘equals profit, thus jobs’

Picture: THINKSTOCK
6 day(s) ago

Productivity SA CEO Bongani Coka says SA should embrace technology and mechanisation instead of dreading it

Financial Services

FirstRand warns SA is vulnerable to slowing capital flows

Picture: THINKSTOCK
6 day(s) ago

Banking group cautions that ‘negative retail credit cycle will continue to emerge’ as reflected in higher levels of arrears in vehicle asset finance, card books

 
All Share 51247.710.00% same
Top 40 45865.200.00% same
Financial 15 14805.820.00% same
Industrial 25 60443.300.00% same
Resource 10 55141.380.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6796.24-0.16% down
Dow Jones 16987.510.00% same
All Share 51247.710.00% same
ASX 5475.40-1.03% down
S&P 500 1985.5400.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1235.35000.71% up
Platinum 1372.00000.73% up
Silver 18.68500.68% up
Palladium 846.00001.93% up
Brent Crude Oil 97.7900.39% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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  • All Share : 51247.71
    Change: 0.00%
    Top 40 : 45865.20
    Change: 0.00%
    Financial 15 : 14805.82
    Change: 0.00%
    Industrial 25 : 60443.30
    Change: 0.00%
    Resource 10 : 55141.38
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6796.24
    Change: -0.16%
    Dow Jones : 16987.51
    Change: 0.00%
    Hang Seng : 24356.02
    Change: -0.97%
    ASX : 5475.40
    Change: -1.03%
    S&P 500 : 1985.540
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 11.0498
    Change: 0.17%
    ZAR/GBP : 17.9674
    Change: 0.22%
    ZAR/EUR : 14.2836
    Change: -0.08%
    ZAR/JPY : 0.1030
    Change: 0.23%
    ZAR/AUD : 9.9575
    Change: 0.23%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1235.3500
    Change: 0.71%
    Platinum : 1372.0000
    Change: 0.73%
    Silver : 18.6850
    Change: 0.68%
    Palladium : 846.0000
    Change: 1.93%
    Brent Crude Oil : 97.850
    Change: 0.45%
    All data is delayed by 15 min
    Data supplied by INET BFA
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