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Europe

Greek finance minister resigns

Yanis Varoufakis. Picture: EPA/VALDA KALNINA
52 minute(s) ago

Yanis Varoufakis says Prime Minister Alexis Tsipras believes it will help smooth the path to a new aid deal

Europe

Greeks defy Europe with overwhelming referendum

An anti-austerity 'no' voter waves a flag with the name of Prime Minister Alexis Tsipras as he celebrate the results of the first exit polls in Athens, Greece, on Sunday. Picture: REUTERS/MARKO DJURICA
11 hour(s) ago

Result leaves Greece in uncharted waters: risking financial and political isolation within the eurozone and a banking collapse if creditors refuse further aid

Transport & Tourism

Casino giants dump Cape reshuffle deal

Tsogo Sun CEO Marcel von Aulock.   Picture: TSOGO SUN
2 hour(s) ago

Deal would have secured gaming and hotel giant Tsogo Sun a highly lucrative hand in all five provincial licences

Energy

IDC takes proactive stance on funding

Picture: THINKSTOCK
2 hour(s) ago

Industrial Development Corporation being proactive to help local entrepreneurs become competitive and increase production, says CE Geoffrey Qhena

Markets

More pain likely in resources sector

Picture: MICHAEL ETTERSHANK
2 hour(s) ago

Worse to come for resources sector which has ‘not factored in a sharp reduction of Chinese growth’

National

POLITICAL WEEK AHEAD: Alliance under spotlight as SACP congress starts

President Jacob Zuma bows at the grave of Chris Hani during a ceremony commemorating the slain struggle icon on Friday.  Picture: GCIS
2 hour(s) ago

South African Communist Party holds its special congress ahead of meeting of Cosatu affiliates in a power battle over the future direction of the federation, writes Karl Gernetzky

National

Nkandla has become a hot potato that will not go away, Cosatu warns

UNDER A CLOUD: President Jacob Zuma's homestead in Nkandla. Picture: SUNDAY TIMES
2 hour(s) ago

Discussions on Nkandla at previous leadership meetings swiftly shot down, but at the alliance summit there were no holy cows

A deserted factory stands in the industrial zone of the town of Thebes in Sterea Hellas region, Greece. File picture:  REUTERS/Yannis Behrakis

Four horsemen wait in the wings

There’s more at stake for Europe than solely the future of Greece, writes Paul Taylor

Columnists

Gareth van Onselen asks, if the ANC government cannot deliver reliable electricity, why would it have an efficient, modern communications machine?

Why the ANC is media illiterate

Columnists

Dianna Games promo

President Muhammadu Buhari needs to deliver some quick wins before he loses the goodwill he earned to get Nigeria’s top job, writes Dianna Games

Nigeria on autopilot as Buhari stalls on cabinet

Europe

Greek party may turn to hangover as doomsday warning defied

2 hour(s) ago

Even as economists and European officials warn that the country will move closer to severing ties with the euro area, Greeks celebrate what they see as a better future

National

SA to have 11 fewer municipalities

Pravin Gordhan. Picture: TREVOR SAMSON
2 hour(s) ago

SA will have fewer municipalities after Co-operative Governance and Traditional Affairs Minister Pravin Gordhan’s application

Markets

Stocks, euro staggered by Greece

Picture: THINKSTOCK
1 hour(s) ago

Japan’s Nikkei sheds 2.4%, while US equity futures drop 1.3% after a Greek vote against austerity measures endangers its future in the eurozone

National

Makhura offers stick and carrot to taxi industry operators

Picture: SUNDAY TIMES
2 hour(s) ago

Taxi industry issues an ultimatum — open subsidised routes or face a revolt

Picture: THE TIMES

SACP has no principled bite while it plays lapdog to ANC

Political expediency took precedence over matters of principle that spoke to the heart of a communist party, writes Ebrahim Harvey

Middle East

Iran on brink of nuclear deal, but obstacles remain

Iran's Foreign Minister Mohammad Javad Zarif. Picture: REUTERS
2 hour(s) ago

After 13 years of rising tensions, the bargain resolving the standoff could put Iran on the road to normalised relations with the outside world

Retail & Consumer

Virgin Active opens new, low-cost gym in heart of Soweto

Customers take a break at Virgin Active's Soweto gym. Picture: THE TIMES
2 hour(s) ago

Virgin Active Red looking to cater for a broader range of South Africans at cheaper prices than other gyms

African News

Probe ordered into murder of Lesotho army chief

Deputy President Cyril Ramaphosa. Picture: GCIS
2 hour(s) ago

The Southern African Development Community has ordered an independent investigation into the slaying of a former army chief in Lesotho

Europe

Formula One owners not selling

Ferrari’s Sebastian Vettel during a practice session ahead of Sunday’s British Grand Prix. Picture: EPA/GEOFF CADDICK
2 hour(s) ago

Executive douses talk RSE Ventures and Qatar to buy CVC’s stake in a potential $7bn-$8bn deal

African News

Probe ordered into murder of Lesotho army chief

Deputy President Cyril Ramaphosa. Picture: GCIS
2 hour(s) ago

The Southern African Development Community has ordered an independent investigation into the slaying of a former army chief in Lesotho

African News

Egyptian law to stop terrorism punishes journalists

President Abdel Fattah al-Sisi has presided over a steadying of Egypt’s economy and a rebound on its financial markets. Picture: REUTERS
2 hour(s) ago

Al-Sisi government bolsters law to target journalists who reported ‘false’ military death tolls in jihadist attacks

Middle East

Heavy US-led raids on IS Syria stronghold kill dozens, including civilians

A man inspects damage from what activists said were barrel bombs dropped by forces loyal to Syria's President Bashar Al-Assad in Tafas town in Daraa, Syria, last week.  Picture: REUTERS
19 hour(s) ago

Thirty people, including six civilians, slain in some of US-led coalition’s heaviest air strikes yet

Economy

ECONOMIC WEEK AHEAD: Another leap in mining output expected

Picture: THINKSTOCK
2 hour(s) ago

Brics summit also worth watching as more details on the New Development Bank will be revealed, writes Ntsakisi Maswanganyi

Asia-Pacific

China holds man over ‘stocks suicide’ post

A stock investor checks prices in a brokerage house in Shanghai on Monday. China's market continued falling despite money-easing policies announced at the weekend. Picture: EPA
17 hour(s) ago

Chinese authorities arrest man arrested for allegedly spreading rumour online that a person jumped to their death due to China’s precarious stock markets

Asia-Pacific

China on edge of precipice in vital week

Picture: REUTERS
2 hour(s) ago

China’s stock markets may be facing a make-or-break week after officials roll out unprecedented series of steps to prevent a full-blown stock market crash that could threaten world’s second-largest econom

Financial Services

Capitec stock far outpaces peers with 40% rise

Picture: SUPPLIED
2 hour(s) ago

Success of affordable and simplified model rockets Capitec to best-performing counter on the JSE’s banking index so far this year

Cricket

Proteas demolish Bangladesh in first T20 international in Dakha

Proteas captain Faf du Plessis loses his bat as he plays a shot during yesterday’s T20 match against Bangladesh. Picture: AFP/MUNIR UZ ZAMAN
2 hour(s) ago

Faf leads from the front as rampant Proteas demolish resurgent Bangladesh Tigers with ruthless efficiency

Transport & Tourism

Imported locomotives ‘unsuitable for SA’s railway lines’

Picture: SUPPLIED
16 hour(s) ago

Opposition parties slate government for ‘reckless’ use of taxpayers’ funds to purchase locomotives they say are unsuitable for local railway lines

Telecoms & Technology

Icasa sets broadband quota for Neotel

Picture:  THINKSTOCK
2 hour(s) ago

Regulator recognises broadband access remains a challenge that needs to be addressed swiftly

Industrials

PPC cements African growth plan with new Zimbabwe plant

Picture: THINKSTOCK
2 hour(s) ago

Infrastructure spending boosts building activity, writes Mark Allix

National

Hawks probe Aurora Empowerment Systems directors

Controversial businessman and nephew of President Jacob Zuma, Khulubuse Zuma, arrives for his uncle's inauguration ceremony at the Union Buildings in Pretoria in May. Picture: AFP PHOTO/POOL/MUJAHID SAFODIEN
2 hour(s) ago

Suspects include President Jacob Zuma’s nephew Khulubuse Zuma, and Nelson Mandela’s grandson Zondwa Mandela

The sixth Brics summit, was held in Brasilia, Brazil, last year. Russia, which hosts the bloc’s seventh summit in Ufa this week, will be looking to use it to project itself as a major power. Picture: REUTERS/UESLEI MARCELINO

SA needs a concrete Brics strategy

Brics summit this week has ambitious agenda, write Peter Draper and Mzukisi Qobo

Opinion & Analysis

Early action key to improving maths

Grade 11 maths teacher Mbiraga Munyuki teaches pupils at Manyangana High School in Mpumalanga. Picture: SUNDAY TIMES
2 hour(s) ago

Research shows that 80% of our Grade 9 pupils are achieving at a Grade 5 level in mathematics, writes Nic Spaull

Land & Agriculture

Lags in land claims frustrate forestry firms

THE TIMES
2 hour(s) ago

Forestry companies are locked in a waiting game with the Commission on Restitution of Land Rights to settle land claims holding up business, writes Mark Allix

Telecoms & Technology

Naspers pulls India into its online web

Tencent mascots are displayed at a registration counter during the company’s annual general meeting in Hong Kong last May. Naspers, which is invested in the Chinese internet giant, is focusing on India as a way of diversifying its portfolio and reducing its reliance on Tencent. Picture: REUTERS
2 hour(s) ago

Naspers sees India as its next Tencent, and is spending aggressively on its online classified business there to fend off tight competition from Mumbai-based online classifieds business Quikr, writes Thabiso Mochiko

Telecoms & Technology

Navigating the tricky ethical terrain of big data

Picture: THINKSTOCK
2 hour(s) ago

The debate becomes about trust and control rather than should we or shouldn’t we hand over our data, writes Kate Ferreira

Transport & Tourism

Volunteer tourism — when doing good could be bad

Dutch volunteers Thijs Hermans (back left), Sasanne van Deursen (back right) and Jaqueline de Ruiter (front right) play with children at the iKhayalethemba centre in Walmer Township in the Eastern Cape. Picture: THE HERALD
2 hour(s) ago

Voluntourism, which allows socially conscious holiday-makers to pay thousands of dollars to work in poor communities across the world, has become a boom sector, writes Gabriel Popham

Bafana Bafana midfielder Gift Motupa, centre, runs at Vincent Jean Emmanuel of Mauritius. Picture: AFP PHOTO/NICOLAS LARCHE

Bafana Bafana's Masango and Letlabika finally find the target

Bafana Bafana combination edged Mauritius 2-0 in a second-leg African Nations Championship qualifier

Other Sport

Jaco van Zyl loses lead to Wiesberger rampage

Austria's Bernd Wiesberger holds up his trophy after winning the 2015 Alstom Open de France on Sunday at Le Golf National in Guyancourt, near Paris. AFP PHOTO/DOMINIQUE FAGET
2 hour(s) ago

Bernd Wiesberger produces a midround birdie barrage that blew apart a top-class field

Other Sport

Bruintjies sprints to South African 100m record

Picture: THINKSTOCK
2 hour(s) ago

Tuks athlete Henrico Bruintjies broke the South African 100m record, clocking 9.97sec at a meeting in Switzerland

Other Sport

Greipel wins stage and Cancellara in yellow

Lotto Jumbo rider Andre Greipel raises his fist in triumph after beating off Tinkoff-Saxo rider Peter Sagan of Slovakia, left, in the final sprint in the 166km second stage of the Tour de France, from Utrecht to Zeeland, on Sunday. Picture: REUTERS
2 hour(s) ago

Vincenzo Nibali and Nairo Quintana were caught out by the chaos of accidents and lost significant time

Other Sport

Power King rules, Silvano produces notable Vodacom Durban July treble

Picture: THINKSTOCK
2 hour(s) ago

Controversy dogs Vodacom Durban July for second year — this time a repeat ‘barging match’ between outsiders Power King and Punta Arenas

Other Sport

Hamilton’s perfect pit stop seals the deal

Lewis Hamilton of Britain and Mercedes celebrates after winning the British Grand Prix at Silverstone on Sunday. Picture: MARK THOMPSON/GETTY IMAGES
2 hour(s) ago

Reigning world champion Lewis Hamilton extends lead with impressive British win at Silverstone

Other Sport

Serena survives to meet sister and stay on course for ‘Slam’

Serena Williams. Picture:  Picture: EPA / TONY MCDONOUGH
2 hour(s) ago

In the men’s singles there will be no family rivalry but rather some fierce confrontations: Novak Djokovic , Roger Federer, Stan Wawrinka and Andy Murray are still on course

Opinion

Highlanders give Boks a hint on how to beat All Blacks

Super Rugby winners effective in slowing down the ruck ball, using line kicking as an attacking weapon, as well as a rush defence to harass the Canes attack

JSE Sens

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The Third Umpire

ANC secretary-general Gwede Mantashe for rehashing past comments by Deputy Chief Justice Dikgang Moseneke on the concentration of power in the Presidency in an attempt to justify the party’s attack on the judiciary.

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Amplats CEO Chris Griffith. The debt counselling service he introduced is helping over-indebted employees escape the debt trap that is believed to have been partly responsible for the sector’s chronic labour instability.

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Newly elected Nigerian President Muhammadu Buhari, who has dashed hopes of swift action on corruption, the economy and religious extremism by delaying the appointment of a cabinet until September.

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