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President Jacob Zuma at a meeting with business leaders in Cape Town on Tuesday. Picture: ESA ALEXANDER

Business offers plan to stave off downgrade

Main question left hanging after frank talks between President Zuma, cabinet ministers and more than 100 CEOs is what the follow-through will be


SA heading for policy discouraging trade through new bills

LET’S TALK: Peter Draper, MD of Tutwa Consulting, says the ideological agenda behind the bill is unfavourable to business. Picture: RUSSELL ROBERTS

Private security and expropriation bills sully South Africa’s image as attractive investment destination, SA-European Union hears


Japan body open to Eskom for funds and technology

WARMING UP: Reactor buildings at Kansai Electric Power’s Takahama nuclear power plant in the town of Takahama. Japan’s nuclear plants were closed in 2011, but Takahama is in the process of reopening. Picture: REUTERS/KYODO

State-owned Japan International Co-operation Agency launches talks with power utility on financing and technology to boost transmission efficiency

Financial Services

Credit registration aims to muzzle loan sharks


Tighter credit extension regime aimed at tackling over-indebtedness crippling many households in South Africa


Labour broking laws questioned

Richard Pike, CEO of Adcorp. Picture: FINANCIAL MAIL

Adcorp CEO Richard Pike attributes loss of 20,000 temporary workers to misunderstanding legislation rather than ‘a testament of the new law’s success’


Renewable Power’s first wind farm to come online by July

Long-established oil and gas companies are under attack from renewable sources — principally wind, solar and biofuels — which are backed by governments in all the world’s leading economies, and from smaller, nimbler companies. Picture: DAVID MACGREGOR

Wind-power price expected to undercut new fossil fuel-generation, according to Mainstream executive


Empathy line will check the robots’ advance

As much as 98% of pilots’ routine work is now automated, and some in the industry worry about the tasks that human pilots are asked to do only occasionally. Picture: REUTERS

The Future of the Professions, a book by father and son duo Richard and Daniel Susskind predicts radical change about the automated future of professions


Big kitty in private sector for growing black firms

Citrum Khumalo. Picture: SUNDAY TIMES

Corporates must innovate more in aid of empowerment, writes Stephen Timm


Feminine management style a myth, study finds

As more women reach managerial positions, the approach within companies is becoming more target-focused, a new study has found. Picture: ISTOCK

Survey also shows significant drop in emphasis on sociable relationships within gender-mixed senior management teams


World keen to know if megabrew will clear hurdles

Delay in SABMiller-Coca-Cola-Gutsche megadeal fuels investors’ concern

HELP THEM: Small businesses require a conducive operating environment and access to financial and nonfinancial support interventions. THE HERALD

Synergy holds the keys to growth

Supply-chain inclusion is the way to go for economy, writes Toby Chance

Cliffe Dekker Hofmeyr

CDH stays a step ahead in a challenging environment for miners

Allan Reid. Picture: CDH

Newly rebranded Cliffe Dekker Hofmeyr has its eye on the future, helping mining clients in SA and Africa with both large transactions and everyday matters

Featured Partner


KPMG Mining Risk Survey: SA’s long-term fundamentals are strong

There is room for optimism about the future of the local mining sector, despite the economic, political and industrial challenges facing SA

Featured partner


Retirement is a change of pace, not end of the road

It is important to strengthen and maintain family ties, and also to join group pursuits, to combat against a major retirement bugbear — loneliness. Picture: ISTOCK

Advances in medical science mean that people with access to healthcare are living longer and extending their working lives, writes Yvonne Fontyn


Zwane disappoints at gloomy indaba

Mosebenzi Zwane. Picture: AFP PHOTO/RODGER BOSCH

Mines minister in first meeting with top players in global mining; offers no details on how SA plans to heal industry’s ills


SA needs macroeconomic management and fiscal discipline, says Busa

Business Unity SA CEO Khanyisile Kweyama. Picture: SUNDAY TIMES

Business Unity SA told President Jacob Zuma at a meeting on Tuesday it wanted improved co-ordination between economics ministries, among other issues


BEE MATTERS: Adopting students one way in which to earn BEE points

MEMORIAL: Crosses planted on the koppie near the Nkaneng informal settlement in Marikana where 34 miners lost their lives at the hands of police during a protest in August 2012. Picture: THE TIMES

Re-alignment of business to broadly represent South Africa’s racial demographics has taken centre stage

An employee stands among tyres at a recycling factory in Wuhan, Hubei province, China. Recycling is not just about sustainability, it is about reassessing the way we do business. Picture: REUTERS

Tyres set circular economy rolling

South Africa’s specific waste-management approach could successfully be used in other sectors, writes Hermann Erdmann


Cellphone tech sparks innovation in Africa

Mark Essien, who created one of the first hotel-booking websites in Nigeria, is one of a new breed of entrepreneurs contributing to building an information technology ecosystem across sub-Saharan Africa. Picture: SUPPLIED

Start-ups drive social and economic transformation across sub-Saharan Africa, ploughing new trade routes and seeking breakthrough innovations, writes William Wallis


Businesses need to be very careful about their financial health as insolvencies loom


Credit insurance firm Euler Hermes says insolvencies will increase this year due to the instability in emerging markets, by about 10% in SA


Zuma calls for government and business to collaborate

President Jacob Zuma convenes a meeting of business representatives and Cabinet ministers on Tuesday at a review of the World Economic Forum.  Picture: GCIS

President Jacob Zuma says the country’s short-term economic outlook is not inspiring and the low economic growth costs business, the community and government


Government will heed pleas for regulatory certainty, Zwane tells Mining Indaba

Mineral Resources Minister Mosebenzi Zwane delivers the opening address at the Mining Indaba in Cape Town on Monday.  Picture: TREVOR SAMSON

Mineral Resources Minister Mosebenzi Zwane says his department will finalise amendments to the law ‘as a matter of urgency’


South African consumers say SA in recession, according to survey


Of those surveyed, 83% said they had changed their spending patterns due to economic woes, and spent less on takeaways, new clothes and home entertainment


SA’s mining sector has bled 47,000 jobs in three years

The bill confirms the practice of allowing investors, including mining houses, to freely repatriate returns, subject to taxation and applicable legislation.  Picture:MARIANNE PRETORIUS

Chamber of Mines CEO Roger Baxter says costs have risen 20% a year, driven mostly by electricity prices, putting large swathes of production under water


Bitcoin at risk as developers quarrel over system

Mike Hearn, a lead developer of bitcoin (inset), has quit the virtual currency project after a feud erupted over processing limits.  Pictures: YOUTUBE, BLOOMBERG

‘Rampant censorship’ and nasty fights tear at small brotherhood of bitcoin developers and raise questions about virtual currency’s survival, writes Nathaniel Popper


BMW holds back as rivals steal a marque on fuel cell vehicles

BMW Hydrogen car. Picture: BLOOMBERG/ADAM BERRY

BMW on brakes until next generation of fuel-cell development under way with research partner Toyota, writes Michael Taylor


Delays rob student housing providers of rent

Students at the Vaal University of Technology. A freeze in fees means more students, who will need more accommodation, industry professionals say.  Picture: SOWETAN

Protests and registration delays leave student housing providers out of pocket even as overall bed shortage grows


Tax experts unimpressed with solar energy incentive

Solar energy. Picture: REUTERS/REGIS DUVIGNAU

Deloitte says an additional tax deduction, rather than an accelerated one, would be more effective in encouraging the adoption of solar energy


Presidency in race to placate Cosatu on tax

Jeff Radebe. Picture: GCIS

Possible delay of March 1 launch date would require law amendment be rushed through Parliament and signed off by President Jacob Zuma

Trade & Industry

US opens up for more of SA’s goods

Rob Davies. Picture: GCIS

Agoa thaw leads to discussion on access for more farm produce to enter US market duty free under trade accord


Pakistan power giant favours SA as source


Pakistan's biggest sources of power in the next decade expected to be coal and imported liquefied natural gas, with numerous coal-fired projects in planning stage


Mining industry has itself to blame for glut, says Cutifani

Anglo CEO Mark Cutifani.  Picture: REUTERS/MARK WESSLES

Anglo American CEO Mark Cutifani does not expect a reversal of the commodities price slump any time soon and says 2016 looks set to be the ‘most challenging yet’


When hiring remote workers, flexibility and willingness to travel are key

Picture: iSTOCK

Setting people up to succeed off-site requires attention to IT support and infrastructure, and ensuring that there is constant communication with other team members

Telecoms & Technology

Information and communication technology ‘not a national priority’


A new study focused on the Western Cape shows massive leadership discontinuity in the ICT sector, with at least six ministers of communications having served since 2009


Seven tips for firing someone the right way


Here are seven tips on the best way to decide to let a low performer go


Uncritical business acts as a Band-Aid on ailing policies

Nhlanhla Nene. Picture: BLOOMBERG/SIMON DAWSON

Lack of coherent business strategy or effective organisation to make strong case for how to achieve high and inclusive growth deprives South Africa

Telecoms & Technology

Firms in developing countries steer clear of digital


World Bank report says protection from domestic and foreign competition behind reluctance to adopt new digital technologies


African animator focuses on changing impressions about SA

Cape Town-based animation studio Triggerfish created Stick Man in collaboration with London-based Magic Light Studios. The  animated version of the children’s book was screened on BBC One. Picture: © ORANGE EYES LIMITED 2015

Triggerfish CEO Stuart Forrest believes animation is an avenue to shifting the way in which the world perceives SA


Guptas are just tip of iceberg of political patronage

Devil in a business suit usually colludes with Faustian elements in ANC, private sector and hidden policy communities


Industry can help Zuma to fashion address

Minister of Trade and Industry Rob Davies and Mining Minister Mosebenzi Zwane. Picture: TREVOR SAMSON

Big business should not squander opportunity to influence content of possibly most important state of the nation address since Jacob Zuma took office


Emerging coal exporters face tough year ahead


Department of Mineral Resource offers some relief for junior miners who fall short of Eskom’s Quattro coal concession

Land & Agriculture

SA will not declare national disaster over drought


Government will not declare national disaster in response to worst drought in a century as it hopes ample late rains will continue to improve situation, says deputy minister of agriculture Bheki Cele


Coega is best-connected industrial or special economic zone in Africa

South African-built FAW trucks outside the plant in the Coega IDZ.  Picture: FAW SA

Few commodity exporters have invested in their infrastructure like SA has to provide a foundation for the beneficiation of minerals, writes Sadick Davids

Transport & Tourism

Further visa concessions possible for travellers from Russia, India and China

Mkuseli Apleni, left.  Picture: SOWETAN

SA is considering granting visas on arrival to travellers with permits in their passports to travel to countries that impose ‘stringent checks on visitors’

Land & Agriculture

Bitter harvest as dry spell squeezes sugar cane farmers

Trix Trikam. Picture: SUNDAY TIMES

South Africa sugar cane crop at lowest in 21 years as industry battles crippling drought


Business leaders to share lunch and concerns with president


Jacob Zuma’s luncheon follows meeting with 60 CEOs hosted by Finance Minister Pravin Gordhan to find a way to avert a sovereign debt downgrade

Land & Agriculture

Food costs fall to lowest since 2009

Women work in a cauliflower field in Kolkata, India, on Thursday.  Picture: REUTERS

United Nations says factors behind the decline in food-commodity prices are ample agricultural supply, a slowing global economy and a stronger dollar

Transport & Tourism

Nationwide hits broke SAA with damages suit


Defunct carrier Nationwide Airlines seeks R325m in damages over SAA’s abuse of dominant position


Eskom updates system ahead of hearings

Brian Molefe. Picture: TREVOR SAMSON

CE Brian Molefe says utility has clocked up almost six months without load shedding and trend set to continue


Cartel watchdog gets World Bank nod


SA’s competition bodies not doing too badly in opening up closed markets, writes Hilary Joffe


Conditions in private sector still deteriorating but at a slower pace

Deputy competition commissioner Trudi Makhaya.

Business confidence levels remain weak, which will translate into lower spending on investment and job creation and subsequently in low growth

Financial Services

Banks resist tighter surveillance of VIPs


Definition proposed in Fica amendment broader than ‘politically exposed persons’ used internationally

Opinion & Analysis

Insurers need more data to combat overregulation


There is no empirical evidence to support malpractice allegations that seem to demand all this costly bureaucratic intervention, writes Gerrit J Sandrock


Quality sacrificed for pricing in infrastructure projects

Lynne Pretorius. Picture: SUPPLIED

Private sector needs to raise investment in public infrastructure to alleviate strain as state’s coffers run dry

Transport & Tourism

Tourism ‘will take years to recover’ from visa issues


Tourism industry boss welcomes South African visa regulatory concessions but says the industry will take years to recover from onerous requirements

Standard Bank

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