• Saturday, November 01 2014
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NO ENTRY: Harmony Gold's Kusasalethu mine in Carletonville, where miners were locked out because of a strike. Picture: SOWETAN

Harmony shuts Kusasalethu mine to remove illegal miners

8 hour(s) ago

Gold miner halts output at Kusasalethu mine for two weeks to try to remove illegal miners who have been trespassing and are believed to be starting fires

Energy

Petrol price to drop in line with decrease in global oil prices

Picture: THINKSTOCK
9 hour(s) ago

Department of Energy announces 45c-per-litre drop in price of petrol

Industrials

PPC calls shareholder meeting to consider removal of board

Ketso Gordhan. Picture: MARTIN RHODES
8 hour(s) ago

SA’s biggest cement maker will hold shareholders’ meeting to consider removal of entire board after getting request from investors representing 10% of company

Mining

Ramatlhodi steps in to resolve mine dispute

Ngoako Ramatlhodi.  Picture: SUNDAY WORLD
20 hour(s) ago

People living in Mokopane, Limpopo, are lobbying the government to delay the mining license of Ivanhoe’s local unit, Ivanplats

Economy

Producer inflation slows in September

Picture: THINKSTOCK
1 day(s) ago

Producer inflation slows to 6.9% year on year in September as lower global oil and food prices help ease some of burden on consumers

Trade & Industry

Transnet coal terminal put on hold

Brian Molefe.  Picture: PUXLEY MAKGATHO
1 day(s) ago

Follows industry agreement struck with the major players to provide extra capacity to junior miners — Transnet Group CEO Brian Molefe

Financial Services

Pensions adjudicator clears complaints in-box

Picture: THINKSTOCK
1 day(s) ago

Mainly due to the improved working relationship between the pension funds, administrators and the office of the adjudicator

Energy

Power system ‘severely constrained’, warns Eskom

Picture: THINKSTOCK
2 day(s) ago

Eskom urges reduced usage for the rest of the week following technical problems at some power stations

Energy

MPs accused of rewriting nuclear policy

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

Integrated Resource Plan 2013 specifically states nuclear programme be delayed until a proper financial framework and controls are put in place

Catamaran. Picture: THINKSTOCK

Africa offers new waters for boat-building sector

SA maintains a strong global reputation, especially in the luxury catamaran market

Land & Agriculture

Mining and biofuels ‘drive the need for more efficient farms’

Picture: BUSINESS DAY
1 day(s) ago

Mining and biofuels are putting pressure on farmers to become more efficient, particularly through the use of technology

Business

Centres will nurture entrepreneurs

OPPOSITION: Black Business Council CEO Xolani Qubeka says sector codes amount to ‘window-dressing’. Picture: SUNDAY WORLD
1 day(s) ago

Small and medium-size enterprises are expected to create 90% of the 11-million jobs envisaged by the National Development Plan by 2030

National

Government proposes ban on online gambling

Picture: THINKSTOCK
2 day(s) ago

The department is also proposing that the number of electronic bingo terminals allowed nationally be restricted

Standard Bank

Make the most of your agricultural production loan by planning ahead

Nico Groenewald. Picture: SUPPLIED BY STANDARD BANK
38 day(s) ago

It is easier for a bank to lend you money if you understand both your costs and your profitability

FEATURED PARTNER

Opinion

NEWS ANALYSIS: Little reason for surprise over oil

Abdalla el-Badri. Picture:  BLOOMBERG/CHRIS RATCLIFFE

Price war casts doubt on investments in new oil resources

Zandile Tshabalala, right.  Picture: PUXLEY MAKGATHO

DA says background screening shows SABC’s Tshabalala ‘has no degree’

Pressure mounts on SABC board chairwoman after DA claims verification process it has commissioned has provided further evidence she does not have a degree

National

Concern over e-tolls creating maintenance burden on roads

Picture: SOWETAN
4 day(s) ago

The municipalities indicated that they had not been ready for the e-toll system

Transport & Tourism

Emirates fights to keep agreed Joburg slots

SUPERCARRIER: Visitors walk past the Emirates Airline Airbus A380 aircraft during the 13th Dubai Airshow on Monday. Picture: BLOOMBERG
3 day(s) ago

Bid to stop flight follows SAA’s concern that Dubai-based airline’s expansion in Africa is taking market share while it is under financial pressure and hoping to attract equity partner

Business Times

The future of gaming companies is bright

Carnival City in Gauteng. Picture: SOWETAN
5 day(s) ago

Former French president Georges Pompidou may have been right in saying that gambling was one sure way to ruin people, but it represents a rich vein of profit for investors who take a punt on the gaming companies themselves

African Business

Nigeria joins race to expand motor industry

Picture: REUTERS
4 day(s) ago

More important, multinational motor companies want to develop Nigeria, writes David Furlonger

Business Times

Taste of bad debt sours winelands

Picture: THINKSTOCK
5 day(s) ago

Unsecured lenders sow seeds of misery among farmworkers

Business Times

'Put blame on outside forces, not ineptitude'

CEO of the State Information Technology Agency Sithembiso Freeman Nomvalo. Picture: SUNDAY TIMES
5 day(s) ago

The job of the State Information Technology Agency is to drive down the state's IT bills, but vested interests are crippling its efforts, says the man at the helm

Property

Time has come for specialised listed property funds, say analysts

Picture: THINKSTOCK
7 day(s) ago

Following year of aggressive merger and acquisition activity and strong overall returns, analysts believe time is ripe for more specialised funds to join listed property sector

Business Times

Post office director bails out

Post Office employees on a strike at the Witpost Mail Centre in Ormonde, Johannesburg.  Picture: BAFANA MAHLANGU
5 day(s) ago

Stinging resignation letter sent to telecommunications and postal services minister Nobuhle Mthethwa painted a damning picture of weak controls and poor board decision-making

Financial Services

Actively managed ETF market may soar

Picture: THINKSTOCK
7 day(s) ago

It is easier buying an existing firm that sells funds than setting up a new company, writes Jessica Toonkel

National

CSI conference shows urgency of technology needed in fight against crime

Picture: THINKSTOCK
8 day(s) ago

Experts say advancing data management, communication platforms and public engagement is essential

Labour

Employment tax incentive ‘showing positive results’

Tax incentive. Picture: THINKSTOCK
9 day(s) ago

Finance Minister Nhlanhla Nene says reports on programme to encourage employers to appoint young workers with little experience indicate it is successful

National

Zuma appoints 19 new BEE advisors

Zingiswa Losi. Source: SAPA/WERNER BEUKES
7 day(s) ago

Cloud hangs over appointee from strife-torn Cosatu after she resigned from her job in 2013

Transport & Tourism

Buses may stop operating unsubsidised routes

Putco bus. Picture: GALLO IMAGES
7 day(s) ago

Since 2009 the government had been paying bus operators subsidies on a per-kilometre-travelled basis, rather than according to the number of passengers

Business

Department will ‘battle to help entrepreneurs’

Lindiwe Zulu. Picture: PUXLEY MAKGATHO
8 day(s) ago

Small Business Development Minister Lindiwe Zulu says newly formed ministry will not be able to provide desired support to small, medium-sized enterprises on its own

Opinion

Advertising can change world with real intent

LOW SALES: An attendee pauses to checks his mobile device in front of an advert for Sony’s Xperia Z smartphone in this file picture. Picture: BLOOMBERG

With the power to connect communities and create conversation, advertising can change the world

Opinion

ON THE MONEY: SA doesn’t need state-owned bank

Let the ANC instead focus its energy on creating a strong business environment that will foster black entrepreneurs

Business

African youth investment savvy but lack cash, report shows

Picture: THINKSTOCK
3 day(s) ago

Desire for access to further education and technology a recurring theme in research

Business Times

Needle that undoes the damage done

5 day(s) ago

Thousands of South Africans are pouring money into the fledgling industry of an alternative to fully fledged cosmetic surgery

Business

Sasol Ltd and SABMiller deemed best tax reporters on JSE

Sasol's headquarters in Rosebank, Johannesburg. Picture: FINANCIAL MAIL
5 day(s) ago

PwC Building Public Trust Awards judges evaluated the annual reports of the Top 50 companies listed on the JSE and took an in-depth look at their taxation reporting

National

Zuma calls on business to bail out SA economy

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

He urges his critics and political opponents to set aside their reservations about his leadership to prioritise the beleaguered economy

Business Times

Code may end attachment spree

Picture: MICHAEL ETTERSHANK
5 day(s) ago

Pending code drawn up by National Credit Regulator and Treasury could slow (or end) the use of attachment orders by unsecured lenders

Industrials

Plea for levy against imports of flat steel

Picture: THINKSTOCK
7 day(s) ago

Producers say the cheap imports are being rerouted to SA and elsewhere in Africa as other international markets become impenetrable due to protection

Business

Softer tax regime for philanthropy has a catch

African Rainbow Minerals chairman Patrice Motsepe briefs the media on the company's results on Friday.  Picture: MARTIN RHODES
9 day(s) ago

Proposed legislative changes have been offset by restrictions requiring the distribution of all investment income earned on funds within five years

Transport & Tourism

Brown forces change on SAA’s board

A South African Airways Airbus A320. Picture: SAA
7 day(s) ago

Although the airline compiled a turnaround strategy a year ago, it has not been implemented, due in the main to a lack of capital, says minister

Land & Agriculture

Land claims set to receive first budget allocation

Picture: THE TIMES
9 day(s) ago

Department of Rural Development and Land Reform expected to set aside R1.1bn to investigate land claims process that was reopened in June

Energy

State mulls selling assets to help Eskom

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

Government will provide Eskom with at least R20bn of funding through sale of non-strategic assets to help utility out of financial crisis, says finance minister

Trade & Industry

Late government payments are ‘killing black-owned small businesses’

Public Works Minister Thulas Nxesi. Picture: PUXLEY MAKGATHO
9 day(s) ago

Knock-on effects include inability to repay loans and to obtain tax clearance certificates for tendering purposes

Opinion

Infrastructure not SA’s main hurdle

If only the path to economic prosperity was as clearly marked as Christine Lagarde would have us believe

Opinion

Longer lives have unforeseen effects on the economy

Picture: THINKSTOCK

The most important factor today is life expectancy increasing after conventional ages of retirement

Business

Amended BEE act to come into effect in October, says Davies

Trade and Industry Minister Rob Davies briefs the media on the amended black economic empowerment act on Tuesday.  Picture: GCIS
10 day(s) ago

New office of BEE commissioner to be established and will be expected to deal with issues of fronting, says trade minister

Economy

Leading economic activity indicator rises marginally

Nhlanhla Nene.  Picture: SOWETAN
9 day(s) ago

Indicators such as these are key in helping policy makers determine how the economy is performing and the effectiveness of growth-focused policies

Energy

Project Ikhwezi eats into PetroSA assets

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
9 day(s) ago

In the past year the project received an environmental authorisation and began a second well last October

National

Sasol Inzalo aims to bypass Post Office

Picture: SOWETAN
10 day(s) ago

Though Sasol would have used text and e-mailed messages and the Stock Exchange News Service anyway, the court action is to bypass using postal services to send out printed documents

 
All Share 49722.882.18% up
Top 40 44384.992.42% up
Financial 15 15178.822.91% up
Industrial 25 60698.412.83% up
Resource 10 47168.650.75% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6546.471.28% up
Dow Jones 17390.520.00% same
All Share 49722.882.18% up
ASX 5505.000.00% same
S&P 500 2018.0501.17% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 11.03951.57% up
GBP/ZAR 17.65971.59% up
EUR/ZAR 13.82640.92% up
JPY/ZAR 0.0983-1.22% down
AUD/ZAR 9.71261.27% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1172.8500-2.27% down
Platinum 1231.0000-0.89% down
Silver 16.1550-2.18% down
Palladium 792.50002.26% up
Brent Crude Oil 85.9600.12% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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  • All Share : 49722.88
    Change: 2.18%
    Top 40 : 44384.99
    Change: 2.42%
    Financial 15 : 15178.82
    Change: 2.91%
    Industrial 25 : 60698.41
    Change: 2.83%
    Resource 10 : 47168.65
    Change: 0.75%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6546.47
    Change: 1.28%
    Dow Jones : 17390.52
    Change: 0.00%
    Hang Seng : 23998.06
    Change: 0.00%
    ASX : 5505.00
    Change: 0.00%
    S&P 500 : 2018.050
    Change: 1.17%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 11.0395
    Change: 1.57%
    ZAR/GBP : 17.6597
    Change: 1.59%
    ZAR/EUR : 13.8264
    Change: 0.92%
    ZAR/JPY : 0.0983
    Change: -1.22%
    ZAR/AUD : 9.7126
    Change: 1.27%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1172.8500
    Change: -2.27%
    Platinum : 1231.0000
    Change: -0.89%
    Silver : 16.1550
    Change: -2.18%
    Palladium : 792.5000
    Change: 2.26%
    Brent Crude Oil : 85.960
    Change: 0.12%
    All data is delayed by 15 min
    Data supplied by INET BFA
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