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EDITORIAL: PetroSA’s boardroom farce

State oil company PetroSA faces a R14.9bn loss as chaos consumes its executive suite — reconstitute the board in its entirety

EDITORIAL: Oliphant should not meddle

Minister of Labour Mildred Oliphant. Picture: TREVOR SAMSON

Labour Minister Mildred Oliphant’s blatant interference puts paid to the notion of a professional public service

EDITORIAL: Nkandla stage show

Emergency services staff give a demonstration of how to fight fire from the ‘fire pool’ on Sunday. Picture: DEPARTMENT OF COMMUNICATIONS

Presidency has essentially conceded the Nkandla ‘security upgrade’ was massively corrupt

EDITORIAL: Finely balancing the rate hike

South African Reserve Bank governor Lesetja Kganyago announces the decision on interest rates in Pretoria on Thursday. Picture: PUXLEY MAKGATHO

Forward-looking decision the right way to go to combat an inflation rate that is climbing to the top of the target range

EDITORIAL: Oil prices remain slippery

Oil. Picture: REUTERS

Oil cartel Opec has not managed to maintain the influence over crude prices it enjoyed during the ’70s and ’80s

EDITORIAL: The right to be unruly

National Assembly Speaker Baleka Mbete addresses the house during a debate on no confidence in President Jacob Zuma on Tuesday.  Picture: TREVOR SAMSON

Outbursts in Parliament make for entertaining political theatre but are paralysing the institution

EDITORIAL: New BEE rules a tangle


Reconciling inconsistent definitions of empowerment is now a major issue for many businesses

EDITORIAL: Kowtowing to Beijing

Maite Nkoana-Mashabane. Picture: TREVOR SAMSON

Release of South Africans a victory for serendipity more likely; Deputy President Cyril Ramaphosa happened to be in China

EDITORIAL: Greece requires mindset change

Evzone presidential guards near the Tomb of the Unknown Soldier outside the Greek parliament in Athens, Greece, on Sunday. Picture: BLOOMBERG/MATTHEW LLOYD

European Union members may regard themselves as autonomous political regions but ultimately EU membership rules trump domestic politics

EDITORIAL: Obama’s gamble on Iran pays off

US President Barack Obama delivers remarks on Tuesday at White House in Washington, DC, on the nuclear deal reached with Iran. Picture: AFP PHOTO/ANDREW HARNIK

US President Barack Obama’s effort to make good on his election promises may help earn his Nobel Peace Prize

EDITORIAL: Veneer of unity will soon crack

South African Communist Party general secretary Blade Nzimande. Picture: PUXLEY MAKGATHO

Alliance’s feigned unity underscores the real issues and provides a counterpoint of likely outcomes for power and policy

EDITORIAL: MTN’s succession bungle

Mteto Nyati.  Picture: ROBERT TSHABALALA

Unexpected departure should be cause for some discomfort among investors who are used to carefully managed succession appointments and MTN should take note

EDITORIAL: Torrid time ahead as Greece caves in

A man walks past pictures of ancient coins in central Athens, Greece, on Monday.  Picture: REUTERS

The Greek people may soon learn whether they trust themselves any more than their European neighbours trust them

EDITORIAL: Greek crisis lesson to other unions

A protester sports the word 'no' in Greek on his forehead as he waves a Greek flag during an anti-austerity demonstration in Syntagma Square in Athens, Greece, on Friday.  Picture: REUTERS

There are lessons in the Greek debt crisis for Africa as it forges ahead with plans for economic integration

EDITORIAL: A resounding slap from SA’s judges

Chief Justice Mogoeng Moegoen speaks during a conference looking at Africa’s troubled relationship with the International Criminal Court in Johannesburg on Tuesday.  Picture: GCIS

Chief Justice Mogoeng Mogoeng leads a show of force designed to respond to crass, unwarranted and dangerous attacks on the judiciary by senior officials of the ANC and some of its allies

EDITORIAL: Beware pain from shortsighted gain


With neither side moving the stage seems set for precisely the kind of positional bargaining the Chamber of Mines was determined to avoid

EDITORIAL: Brace for China’s bubble burst

A stock investor sits in front of an electronic screen showing stock price at a brokerage house in Beijing, China, on Monday. Picture: EPA/WU HONG

Chinese drama demonstrates that markets are not easily controlled, even by the most powerful of states

A group of men sit along a road looking for work. Picture: SUNDAY TIMES

EDITORIAL: Tackle joblessness like the crisis it is

SA’s inequality rate is also one of the world’s highest, and a major reason for this is that so many people earn no income at all

EDITORIAL: ANC lekgotla skips over hard truths

Gwede Mantashe. Picture: RUSSELL ROBERTS

ANC is dead right that high and rising unemployment is a terrible danger to SA, but it is not the private sector’s fault

EDITORIAL: SA needs new tack on resources rout

New York Stock Exchange. Picture: BLOOMBERG/JIN LEE

The commodities rout has serious implications for SA’s economy and all stakeholders — labour, management and government — should be exploring ways to minimise the damage

EDITORIAL: Shift the paradigm on immigration

SA’s welfare system is culturally flawed,  it has introduced a sense of ‘victimhood’ instead of support for communities. Picture: REUTERS

Desperation and corruption come together in a deadly cocktail — which has apparently grown more potent despite Department of Home Affairs’ efforts

EDITORIAL: A worrying lack of good governance

Public Enterprises Minister Lynne Brown addresses the media on Wednesday during an update on the electricity crisis.  Picture: TREVOR SAMSON

State owned enterprises are likely to remain in crisis mode until all appropriate senior appointments are in place

EDITORIAL: Mystery shrouds health proposals


Competition Commission’s private healthcare inquiry was to establish the true drivers of medical inflation in private healthcare

EDITORIAL: Reserve Bank may rise like a hawk

Reserve Bank

Signal the Bank sends is especially important since SA’s macroeconomic policies maintain rare credibility with investors and markets

EDITORIAL: Creative education solutions needed

Basic Education Minister Angie Motshekga. Picture: GCIS

Angie Motshekga's admission that a quarter of schools do not offer maths in Grades 10 to 12 should prove distressing

EDITORIAL: A mandate akin to extortion


Eskom wants 30% equity stake in lucrative boiler serve contract bidders Steinmuller, Actom and Babcock

EDITORIAL: Abusive creditors must be reined in

Miners strike at Marikana, near Rustenburg, in this file image. Picture: AFP PHOTO

Repercussions of Marikana report causing ructions in the financial services sector

EDITORIAL: Tariff for a BEE deal

Lakshmi Mittal. Picture: BLOOMBERG

The government would do well to consider ArcelorMittal SA’s offer seriously if it wants to sustain an industry that has been central to SA’s industrial development

EDITORIAL: Build on new Brics platform


South Africa would be well advised to use the Brics bank as a lever to further its economic and development goals

EDITORIAL: Raise growth, not tax rate

Judge Dennis Davis briefs the portfolio committee on Wednesday on trade and industry on the issue of transfer pricing.  Picture: TREVOR SAMSON

Davis Tax Committee’s conclusion on hiking VAT must not be taken by the government as carte blanche to raise the tax take as a proportion of GDP

EDITORIAL: Uber merits fresh thinking


In a truly free and competitive market Uber would be left to do its thing and metered-taxi owners would either adapt or go out of business

EDITORIAL: Lesotho’s intractable politics

A general view of buildings is seen in Lesotho's capital Maseru. Picture: REUTERS

Deputy Pesident Cyril Ramaphosa is back in Lesotho with the thankless task of attempting to reconcile the irreconcilable

EDITORIAL: Burundi a poser for the AU

Security guards surround Burundian President Pierre Nkurunziza as he addresses a crowd during campaigning in the capital, Bujumbura, on Friday. Picture:  AFP PHOTO/LANDRY NSHIMIYE

Burundi’s President Pierre Nkurunziza knew he could count on his peers in the African Union to do nothing of substance

EDITORIAL: Opaque Vodacom deal is of concern

Vodacom branding on the Ponte Building in Hilbrow, Johannesburg, in 2011. Picture: GALLO IMAGES/FOTO24/FELIX DLANGAMANDLA

Murky deal raises concerns about the role of the PIC and its relationship with the government and the governance of the public fund manager

EDITORIAL: Watchdog fails the public

Monwabisi Gantsho.  Picture: FINANCIAL MAIL

Tainted Monwabisi Gantsho affair reflects poorly on Council for Medical Schemes — whose duty it was to ascertain the truth

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The Third Umpire

Energy Minister Tina Joemat-Pettersson, for allowing the nuclear procurement process to proceed in the absence of public debate or input from stakeholders, and without clarity on costs or how the deal will be financed.

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Council for Medical Schemes benefits management head Paresh Prema. The regulator’s proposal that schemes be allowed to offer products that do not cover prescribed minimum benefits will help take pressure off the state.

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Ses’khona leader and newly elected Western Cape ANC official Andile Lili, whose statement that criminals should be “killed immediately and brutally” rather than left to the police is unacceptable in a democracy.

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