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Tshediso Matona. Picture: TREVOR SAMSON

State set for tighter control of Eskom

1 day(s) ago

New CEO Tshediso Matona cites failure to account and will have to ensure utility complies with proposed bill that Department of Public Enterprises is working on

Transport & Tourism

Sanral rejects Cape Town’s call on tolls

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

Sanral believes its jurisdiction ‘trumps’ Cape Town city council’s wish that Winelands toll road project be halted

African News

Kenya suspends ‘reciprocal’ visa requirements for South African visitors

Tourists arrive at Moi International Airport in Kenya's coastal town of Mombasa. Picture: REUTERS
1 day(s) ago

Kenya has put a hold on its stricter immigration controls, which were to be implemented after South Africa’s changed requirements for visitors

Land & Agriculture

Zuma’s land claim remarks ‘misleading’

President Jacob Zuma. Picture: GCIS
1 day(s) ago

President accused of creating false hope by promising that the reopened land claims process will allow people to lodge claims on land that was lost before the 1913 Native Land Act

Financial Services

Standard Bank denies reckless lending to reverse mortgage scheme firm

Picture: FINANCIAL MAIL
2 day(s) ago

Bank tells court it had no reason to question motives of company involved in fraudulent scheme

Trade & Industry

Illegal cigarettes cost government R3bn a year

Picture: THINKSTOCK
2 day(s) ago

SARS official says border controls have been strengthened and various government agencies are working together to fight the scourge

Health

Sugar tax mooted to save lives and money

Picture: REUTERS
2 day(s) ago

Study shows 20% tax on sugar-sweetened drinks could cut number of obese South Africans by almost a quarter of a million

Labour

Numsa suspends Lear strike to deal with interdict

Numsa members strike. Picture: PUXLEY MAKGATHO
1 day(s) ago

Seats supplier to Mercedes-Benz South Africa and Daimler says it will interdict union against ‘unprotected’ strike

The Big Picture

Picture: THINKSTOCK
Some companies have succeeded by disrupting their industries, while others have failed because their business was disrupted, writes John Kay   Read More

Industrials

Manufacturers want more than ‘talk shops’ on transformation

Picture: THINKSTOCK
1 day(s) ago

Social dialogue must be ‘replaced with something entirely different’ as it only reinforces positions adopted by government

African News

SA’s future influence ‘depends on its role in rest of Africa’

Picture: THINKSTOCK
22 hour(s) ago

HSRC’s annual State of the Nation report shows that SA’s membership of Brics should be able to strengthen its hand in Africa so long as it maintains its leadership position

Standard Bank

KZN’s key position in SA’s economy is assured

Amrei Botha. Picture: STANDARD BANK
24 day(s) ago

Third-smallest province continues to punch above its weight category, its share of manufacturing sector is larger than all other provinces

Featured partner

Opinion

Investing on autopilot: pros and cons

Because SA’s market is so concentrated, investing in a tracker fund means you are in effect taking some active bets

Banking customers. Picture: THINKSTOCK

A way to bank the masses without mugging them

African Bank’s failures can provide important lessons for the banking sector and government on facilitating blue-collar finance, writes Simon Mantell

Transport & Tourism

KwaZulu-Natal hospitality industry in the dark over new levy

A container ship pulls into Durban Port.  Picture: THE TIMES
3 day(s) ago

No details revealed on collection or calculation of money that is meant to help fund province’s bids for international events

Media & Advertising

Tribunal grants Caxton right to intervene in Media24 merger case

Picture: RUSSELL ROBERTS
3 day(s) ago

Caxton must be given access to documents filed in case and would be allowed to cross-examine witnesses who might appear in case

Property

Property springs pleasant surprises

Picture: THINKSTOCK
2 day(s) ago

Listed property share prices rally about 5% over the past two weeks, on better than expected results reported by real estate counters

Industrials

Tyre-recycling sets off on road to environmental sustainability

Picture: THINKSTOCK
4 day(s) ago

A five-year initiative to create a sustainable industry to recycle millions of scrapped tyres every year, is making progress and attracting international interest

Healthcare

Treasury to finalise healthcare regulations by November

Picture: THINKSTOCK
4 day(s) ago

Treasury says it has no intention of waiting for the outcome of the Competition Commission’s enquiry into private healthcare before it regulates health insurance products

Business Times

Matona tipped for Eskom hot seat

Public enterprises director-general Tshediso Matona. Picture: FINANCIAL MAIL
4 day(s) ago

Eskom is also trying to fill other executive positions in an extremely challenging period for the utility

Energy

Integrated energy plan ‘can take SA well beyond fatalism’

President Jacob Zuma and Russian counterpart Vladimir Putin during bilateral Talks in May 2013. Several rounds of discussions included the subject of nuclear energy. Picture: GCIS
4 day(s) ago

Expert says SA’s renewable energy technologies should be prioritised immediately and ambitiously

Business Times

Localisation has to become lekker

Picture: THINKSTOCK
4 day(s) ago

Localisation supports the government’s vision to build a strong local manufacturing base to power industrialisation objectives, writes Itumeleng Kgaboesele

Industrials

France’s Areva to refit Koeberg nuclear plant

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

The refit is part of a programme to install up to 9,600 megawatts of new nuclear power by 2030

Economy

Government’s R9bn jobs fund has new management

Picture: THINKSTOCK
6 day(s) ago

Management of jobs fund will now be transferred to newly established Government Technical Advisory Centre from Development Bank of Southern Africa

Mining

Mining needs to emulate NDP’s vision

Joel Netshitenzhe. Picture: TYRONE ARTHUR
6 day(s) ago

Joel Netshitenzhe says mining companies need to consider developing a Mining Vision 2030 in line with the NDP to repel negative perception

Mining

Miners in the dark over passage of bill

Ngoako Ramatlhodi. Picture: VELI NHLAPO
8 day(s) ago

Mining Charter review under way, initial results suggest much more needs to be done, while sector also anxious about charter audit

Energy

Eskom opts to focus on maintenance

Picture: THINKSTOCK
8 day(s) ago

Eskom has decided to move away from its policy of ‘keeping the lights on’ at all costs

Mining

Investing in women in interest of nation, says Dlamini-Zuma

African Union Commission chairwoman Nkosazana Dlamini-Zuma speaks at the opening of the African Economic Conference in Fourways, Johannesburg, on Monday. Picture: PUXLEY MAKGATHO
7 day(s) ago

AU Commission chairwoman Nkosazana Dlamini-Zuma tells mining delegates there is a ‘disproportionately high number of men’ in mining sector and it ‘must change’

Opinion

No need for neutrality rules in SA just yet

The worry is that without net neutrality, big telecoms companies could use their broadband infrastructure in homes to block or impede certain types of content

Opinion

In praise of the path less travelled

For most investors, automatic mimicry and the peer effect makes it extraordinarily difficult to go against the norm

Management

Consumers ‘demand more’ of public services

Minister in the Presidency Collins Chabane addresses a media briefing on the presidential review committee on state-owned enterprises on Tuesday. Picture: TREVOR SAMSON
2 day(s) ago

Public servants must improve service and efficiency to meet the demands of a more sophisticated South African consumer, says Collins Chabane

Mining

Mining firms ‘fail to address complaints from communities’, says report

Bench Marks Foundation executive director John Capel. Picture: ARNOLD PRONTO
1 day(s) ago

Unemployment and pollution angers Emalahleni communities, foundation’s report shows, as coal mining industry comes under pressure

Business

Business rescue provisions in Companies Act ‘groundbreaking’, says Davies

Trade and Industry Minister Rob Davies. Picture: PUXLEY MAKGATHO
2 day(s) ago

Since business rescue provisions became effective in 2011 more than 1,330 notices were filed of which 1,121 were valid business rescue notices, says minister

Opinion

Transformation is about more than just black CEOs

If we are serious about real transformation, people need to be thinking of how to transform the credit committees

Opinion

Message to self on holiday: ‘do not look at work messages’

There is one thing about working life on which there is no agreement at all: whether it is okay to check your e-mails while on holiday

Retail & Consumer

Art takes off in SA as a ‘diversification strategy’ for investors

Picture: THINKSTOCK
1 day(s) ago

International art market is seeing record prices for sales by living artists, and South African and African markets are beginning to take off

Financial Services

Moody’s downgrades South Africa’s four biggest banks

Picture: REUTERS
2 day(s) ago

Ratings agency says there is a lower likelihood of support from the Reserve Bank to protect creditors after African Bank’s debt crisis

Transport & Tourism

Accommodation income up year on year in June, survey shows

Picture: THINKSTOCK
3 day(s) ago

Statistics SA’s tourist accommodation survey shows total income for industry rises by 7.1% year on year, in current prices, in June

Healthcare

New health proposals may head for court

Picture: THINKSTOCK
4 day(s) ago

If the existing proposals are passed, short-term insurers will be banned from selling policies for primary healthcare that pay for visits to a doctor or dentist and medicines

Mining

Green Scorpions to go on sand mining blitz

Picture: ARDBEL
2 day(s) ago

Environmental management inspectors from national, provincial departments will take part in initiative to address environmental, water damage

African News

Ebola must not halt airlines, Iata urges

Picture: THINKSTOCK
3 day(s) ago

WHO says aviation constitutes low risk for Ebola transmission, and Ebola-hit regions need guaranteed connectivity to fight disease

Business Times

Now R699 founder takes on Facebook

Picture: REUTERS
4 day(s) ago

Albert Venter is suing one of the customers who fell victim to his car scheme for R1m for ‘defamation’

Business Times

Geek becomes entrepreneur-breeding dragon

South African entrepreneur Vinny Lingham. Picture: SUNDAY TIMES
4 day(s) ago

Vinny Lingham, who has just made megabucks in a US deal, has jetted back to South Africa to film the local version of the UK hit reality-TV show Dragon’s Den

Mining

Amcu members want to be mine owners

Amcu treasurer Jimmy Gama. Picture: ROBERT TSHABALALA
4 day(s) ago

Association of Mineworkers and Construction Union says its members are interested in buying assets being sold off by Anglo American Platinum

Energy

SA urged to harness fuel cell project

It is the first time ever in the world that platinum fuel cells, used in a Kroonstad community test project, are being used as a prime power source for households. Picture: CHARLOTTE MATHEWS
3 day(s) ago

Development could spur a high-technology downstream industry — if Energy Department includes fuel cells in masterplan

Economy

Moody’s downgrades Standard Bank, Absa, FNB and Nedbank

Picture: REUTERS
2 day(s) ago

Downgrading follows the decision by the Reserve Bank to take troubled unsecured lender African Bank out of the hands of its management and put a curator in charge

Business

State set to take control of BEE verification

Director-general in the Department of Trade and Industry Lionel October delivers the keynote speech at the African Textile, Apparel and Footwear Trade Event at the Cape Town International Convention Centre on Tuesday.  Picture: TREVOR SAMSON
7 day(s) ago

Department of Trade and Industry says verification agencies will be downgraded to become ‘empowerment advisers’ so that the private sector does not issue certificates to itself

 
All Share 51443.430.00% same
Top 40 46283.210.00% same
Financial 15 14673.110.00% same
Industrial 25 59802.150.00% same
Resource 10 58092.950.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6777.660.00% same
Dow Jones 17039.490.00% same
All Share 51443.430.00% same
ASX 5645.500.20% up
S&P 500 1992.3700.29% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.6797-0.07% down
GBP/ZAR 17.7103-0.07% down
EUR/ZAR 14.1918-0.04% down
JPY/ZAR 0.1029-0.01% down
AUD/ZAR 9.96170.14% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1279.42000.22% up
Platinum 1424.00000.56% up
Silver 19.51000.48% up
Palladium 882.50000.86% up
Brent Crude Oil 102.490-0.14% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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  • All Share : 51443.43
    Change: 0.00%
    Top 40 : 46283.21
    Change: 0.00%
    Financial 15 : 14673.11
    Change: 0.00%
    Industrial 25 : 59802.15
    Change: 0.00%
    Resource 10 : 58092.95
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6777.66
    Change: 0.00%
    Dow Jones : 17039.49
    Change: 0.00%
    Hang Seng : 25093.38
    Change: 0.40%
    ASX : 5645.30
    Change: 0.20%
    S&P 500 : 1992.370
    Change: 0.29%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.6797
    Change: -0.07%
    ZAR/GBP : 17.7103
    Change: -0.07%
    ZAR/EUR : 14.1918
    Change: -0.04%
    ZAR/JPY : 0.1029
    Change: -0.01%
    ZAR/AUD : 9.9588
    Change: 0.11%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1279.4500
    Change: 0.22%
    Platinum : 1424.0000
    Change: 0.56%
    Silver : 19.5165
    Change: 0.51%
    Palladium : 882.5000
    Change: 0.86%
    Brent Crude Oil : 102.490
    Change: -0.14%
    All data is delayed by 15 min
    Data supplied by INET BFA
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