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Ramphele could help trim the ANC’s ‘absolute power’
Too long in office without a serious electoral challenge is precisely that — absolute power, writes Allister Sparks
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National
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MPs clash over time to finish controversial Legal Practice Bill
At issue before the justice committee is whether the bill can survive the succession of one parliament by another
Science & environment
Law & constitution
- MPs clash over time to finish controversial Legal Practice Bill
- JSC calls for applications to fill court vacancies
Education
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Africa
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AU head invokes rule of law to back Mugabe
AU breaks ranks with Sadc’s hardline stance against President Robert Mugabe’s elections push
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World
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Rousseff moves to defuse mass protests sweeping Brazil
President Dilma Rousseff expresses sympathy with ‘the voice of the streets’, promises to address grievances including poor public services and corruption
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Opinion
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Exchange controls send wrong signal to investors
Mark Shuttleworth’s case against the constitutionality of exchange controls is important for all South Africans, writes Leon Louw
Editorials
- EDITORIAL: Electronic snooping: throwing stones in glass houses
- EDITORIAL: A repeat of 2008 is looming in Zimbabwe
Columnists
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Markets
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JSE weaker despite upbeat CPI, current account data
Local bourse lower at midday on Wednesday after strong gains on Tuesday, weighed down by banks, gold miners, with news on US Federal Reserve policy meeting awaited
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- JSE weaker despite upbeat CPI, current account data
- Fed comments could roil domestic markets, warns Gordhan
- Better than expected news on inflation, current account boosts rand
Markets Blog
JSE Today
All Share 40685.11 -0.78% down Top 40 36275.22 -0.89% down Financial 15 11047.61 -1.73% down Industrial 25 46740.30 -0.59% down Resource 10 46449.98 -0.85% down All data is delayed by 15 min.
Data supplied by I-Net BridgeCommodities
Gold 1371.6000 0.26% up Platinum 1439.5000 0.03% up Silver 21.7159 0.23% up Palladium 706.0000 -0.14% down Brent Crude Oil 106.270 0.24% up 
All data is delayed by 15 min.
Data supplied by I-Net Bridge - Economy
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Rand surges as current account deficit narrows unexpectedly
Local currency gains almost 10c against dollar as current account deficit narrows in first quarter, though economists say it is still too big and rand remains vulnerable
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Economic Indicators
Petrol price (95) R12.47 -73c/l same Repo rate 5% 0.0pp same Prime rate 8.5% 0.0pp same GDP (Q1 13) 0.9% -1.2pp same CPI (May) 5.6% -0.3pp same PPI (Apr) 5.4% -0.3pp same Last updated on Jun 19 -
Business
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State companies may have to use pension funds to fund investment, says Gigaba
Public Enterprises Minister Malusi Gigaba says state-owned companies need new ‘resource mobilisation’ strategies as ‘funding from financial markets has shrunk’
Trade & Industry
- Association wins court bid to supply more data on chicken tariff battle
- ‘Chicken wars’ set to produce only losers
- Poultry tariff hike unfair, says Argentinian ambassador
Management
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Green Business
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Companies
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Famous Brands flags rise in first-quarter sales
Sales at franchises rose 16.8% in first quarter, Famous Brands says in trading update, with strong growth seen in rest of Africa and ‘gorilla brands’
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Business Education
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Personal Finance
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Fears for credit-led spending as bad debts escalate
National Credit Regulator quarterly data show bad debts among consumers in South Africa are growing faster than the number of new accounts and of credit-active clients
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Columnists
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Life
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VRROOM WITH A VIEW: Humble station wagon draws attention
Unlike in Europe, there is a dearth of these family-friendly cars on South Africa’s roads, writes Alexander Parker
Arts & Entertainment
Travel & Food
- TRAVEL: Liquid inspiration — three more for the road
- TRAVEL: A new treat for train lovers, from Serbia to Montenegro in Tito’s Blue Train
Business Education
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Sport
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Safa asks Fifa to investigate graft charges
South African Football Association asks Fifa to probe damaging claims of financial mismanagement made in anonymous dossier
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