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Marcel Joubert. Picture: SUNDAY TIMES

Aca Joe owner placed under liquidation

7 hour(s) ago

Platinum Group, which owns clothing brands Aca Joe, Hilton Weiner and Jenni Button, sank under an influx of global fashion retailers

Telecoms & Technology

Telkom cuts jobs in push to reduce staff costs

Picture: CHARLES GALLO/GALLO IMAGES
2 hour(s) ago

Landline operator says it has agreed to 2,393 voluntary severance packages as it seeks to better compete with mobile-phone companies

Mining

Cutifani takes on Mantashe over job cuts

Anglo American CEO Mark Cutifani. Picture: REUTERS
7 hour(s) ago

Anglo American CEO Mark Cutifani criticises labour and black economic empowerment in forthright remarks on South Africa

National

Rationality must guide Zuma over Phiyega

The Marikana commission report agreed with the opinion of an expert that the police’s tactical response team armed with R5 weapons was effectively operating as a firing squad. Picture: THE TIMES
7 hour(s) ago

Any attempts by President Jacob Zuma to dodge this problem can be challenged, writes Franny Rabkin

National

Lottery operator Ithuba denies not meeting standard

Picture: SUNDAY TIMES
7 hour(s) ago

National lottery operator is alleged to be about R150m behind schedule for R1.56bn it must pay this year

Energy

Suspended duo still on board, according to PetroSA

Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL
7 hour(s) ago

PetroSA denies two suspended executives are behind the resignation of its interim chairwoman

Europe

EU to extend relief to farmers

Picture: THINKSTOCK
7 hour(s) ago

Multimillion-euro aid package set up to help struggling farmers hit by Russian sanctions over the Ukraine crisis

National

EFF rejects rules over disruptions in Parliament

Economic Freedom Fighters MPs Floyd Shivambu (left) and Mbuyseni Ndlozi attend a rules committee vote in Parliament, Cape Town, on Thursday. Picture: TREVOR SAMSON
7 hour(s) ago

National Assembly adopts tough new rules to combat Economic Freedom Fighters-style disruption, including physical removal of unruly MPs by parliamentary protection service — not police

Malusi Gigaba. Picture: RUSSELL ROBERTS

Mulishness over travel hoops reflects a Stalinist world view

Home Affairs Minister Malusi Gigaba and the like reflect the Soviet belief that you can bend reality to fit your vision, writes Michael Fridjhon

Columnists

Anthony Butler promo

Tax committee’s work is now beginning to bear fruit in a series of fascinating analytical papers, writes Anthony Butler

Few silver bullets from taxation for SA’s woes

Columnists

Elon Musk will almost certainly have lived one of the most fascinating lives of the 21st century, writes Simon Lincoln Reader

Effect of bullies on Musk is not rocket science

National

Airport police ‘have to keep syndicates at bay’

OR Tambo International Airport in Johannesburg. Picture: ACSA
8 minute(s) ago

South African Police Service says multiskilled team is needed to repel syndicates, criminal suspects from passing through OR Tambo International Airport

Mining

ArcelorMittal widens losses in first half

ArcelorMittal SA's Vanderbijlpark plant. Picture: FINANCIAL MAIL
3 hour(s) ago

Steel maker says plunging export volumes, increased borrowing costs offset marginal gains from increased local production

African Business

Thirsty for growth, liquor giant taps Africa

Alcohol consumption. Picture: THE TIMES
1 hour(s) ago

International spirits companies are expanding across Africa, targeting even poorest consumers with liquor made locally and sold at dirt-cheap prices

National

ANC MPs block bid for Madonsela appearance

Thuli Madonsela. Picture: TREVOR SAMSON
7 hour(s) ago

ANC in fiery opposition to Public Protector Thuli Madonsela appearance before Nkandla ad hoc committee

Mineral Resources Minister Ngoako Ramatlhodi answers questions during an economic cluster media briefing on Tuesday.  Picture: TREVOR SAMSON

Steelpoort shows economic logic of violent protests

Mineral Resources Minister Ngoako Ramatlhodi gets a clear signal from residents: The unrest will stop when people are employed, writes Setumo Stone

Business

New CEO Mukoki in the clear, says Sacci

Alan Mukoki is the new CEO of the South African Chamber of Commerce and Industry. Picture: SUNDAY TIMES
7 hour(s) ago

Investigations allay concerns over South African Chamber of Commerce and Industry’s new head Alan Mukoki

Companies

COMPANY COMMENT: Advtech; Barclays Africa

Picture: THINKSTOCK
7 hour(s) ago

No black marks for buoyant Advtech while it’s unclear if job cuts at Barclays plc will play out in SA

Europe

Europe’s bond-buying quells deflation fears

Euro. Picture: REUTERS/ALKIS KONSTANTINIDIS
7 hour(s) ago

European Central Bank’s money-printing programme shows promise after warding off deflation amid falling oil prices and the Greek financial crisis

Retail & Consumer

Market not sure that veteran Brookes can fix Edcon

Picture: Robbie Tshabalala
7 hour(s) ago

Bernard Brookes is well respected in the Australian retail industry but his exit from Myer a concern

Labour

Gold producers table ‘take it or leave it’ final offer to unions

Elize Strydom.  Picture: MARTIN RHODES
20 hour(s) ago

After five weeks of talks gold mining companies table final wage offer to four unions in sector, saying offer will not be amended, even during mediation

Financial Services

Sabvest further broadens portfolio offshore

Picture: THINKSTOCK
7 hour(s) ago

Steady SA Bias diversifies further with its International Trimmings division clinching a 76% interest in Canada-based Overheer Systems, as well as moves in Vietnam, India, Bangladesh and UK

Soccer

Korean official raises hand for Fifa top job

Chung Mong-joon. Picture: REUTERS/KIM HONG-JI
7 hour(s) ago

Billionaire scion of South Korea’s Hyundai and former Fifa executive Chung Mong-joon says it's not the right time for Platini to lead

Property

Fortress stellar earnings may upstage rivals’ growth

Mark Stevens.  Picture: RUSSELL ROBERTS
16 hour(s) ago

Fortress Income Fund posts 20% growth in income distributions and achieved distributable earnings growth for the year ended June of 20.29%

Europe

NEWS ANALYSIS: Sign of the financial times as cautious Springer loses bid

Axel Springer. Picture: AFP PHOTO/JOHANNES EISELE
7 hour(s) ago

Germany’s largest news publisher has a long line of setbacks in its attempt to expand abroad, write Harro Ten Wolde and Klaus Lauer

National

Council for Medical Schemes speaks on prescribed minimum benefits

Picture: THINKSTOCK
7 hour(s) ago

Changes define how much a scheme is expected to pay if a member voluntarily uses the services of a doctor or hospital outside its network

Property

Intu’s mall development plans keep tills ringing

Picture: THINKSTOCK
7 hour(s) ago

JSE’s largest real estate investment trust records 6% growth in earnings a share over the first six months of this year, pleasing the market

Americas

Microsoft hopes Windows 10 will help it catch up in mobile

Picture: KIYOSHI OTA/BLOOMBERG
7 hour(s) ago

Stakes are high as Microsoft pushes out Windows 10 for both traditional computers and mobile devices

Retail & Consumer

Talk of Steinhoff buyback from Brait

Picture: THINKSTOCK
7 hour(s) ago

Steinhoff International stock trades double its average daily volumes as investors speculate on its next move

National

Ousted labour registrar Johan Crouse takes department to court

Minister of Labour Mildred Oliphant. Picture: TREVOR SAMSON
7 hour(s) ago

Ousted labour registrar Johan Crouse lost his position allegedly after failing to suspend a move to place a Cosatu-aligned union under administration

Other Sport

Buthelezi may get rematch against Sityatha after furore

Gideon Buthelezi. Picture: GALLO IMAGES/LEFTY SHIVAMBU
7 hour(s) ago

Widespread disagreement over split decision awarded to IBO junior bantamweight champion Lwandile Sityatha

National

South Africans have too few savings to cope with unexpected expense

NEW CULTURE :  Saving regularly will improve your life.
18 hour(s) ago

More than half working South Africans, if faced with unexpected expense of R10‚000, will be forced to take out loan‚ rely on credit or borrow from family or friends, survey shows

View more

Cartoons

Harper Lee’s second novel took 50 years to be published. Self-publishing offers a faster route to market than traditional publishing houses, which have suffered staff cuts. Picture: REUTERS/LUCAS JACKSON

DIY, quite a turn-up for the books

Self-publishers have spotted a gap in an industry in flux, writes Tom Nevin

Travel & Food

Overcoming odds in ocean of opportunity

Big wave surfer and ocean adventurer Chris Bertish is set to release a book and film about believing in himself and winning competitions.  Picture: SUPPLIED
7 hour(s) ago

Award-winning surfer, motivational speaker and brand manager Chris Bertish’s life is a lesson in self-belief and courage, writes Eugene Yiga

Columnists

HALF ART: Recognising a hero’s flaws in a faraway plaster cast

7 hour(s) ago

Clive Rice was a man to hold a grudge, distrusted transformation and hated Cricket SA, writes Chris Thurman

Arts & Entertainment

ON THE STAGE: Broken hearts, crushed spirits in Sophiatown

Crepuscule, written by the late Can Themba, is the story of the author’s doomed relationship with a white woman in Sophiatown in the 1950s. Picture: RUPHIN COUDYZER
7 hour(s) ago

Ablaze with ideas, optimism and creative energy Khayelihle Dominique Gumede is one of a new generation of South African storytellers, writes Christina Kennedy

Books

BOOK REVIEW: Winning

Picture: THINKSTOCK
7 hour(s) ago

Book shows Jack Welch still has winning ways in corporate world, writes David Gorin

Arts & Entertainment

Twin exhibitions conjure the depth of feeling love and loss

Note 4 by  Penny Siopis is part of her exhibition, Still and Moving, at the Stevenson in Cape Town. Picture: STEVENSON GALLERY
7 hour(s) ago

South African Penny Siopis and emerging Zimbabwean artist Portia Zvavahera depict the double bind of love and loss, writes Ashraf Jamal

Opinion

Tasting for Nederburg Auction unveils the princes-in-waiting

Distell will profit from the skills and insights of Nederburg cellarmaster Razvan Macici

Beaming captain Hashim Amla and squad congratulates Dale Steyn (pink strapping), on his 400th Test wicket Picture:MUNIR UZ ZAMAN/GALLO IMAGES

Captain’s catch puts Steyn in elite 400 club

Dale Steyn arrives at the gates of greatness as only the second South African after Shaun Pollock and the 13th cricketer overall to take 400 Test wickets

Soccer

Cape Town own goal with Cup dud

European clubs Crystal Palace of England and Sporting Lisbon of Portugal battle it out in front of a handful of spectators in the final of the Cape Town Cup last weekend. The tournament cost R28m and was won by Sporting Lisbon. Picture: GALLO IMAGES/CARL FOURIE
7 hour(s) ago

The city is expected to incur losses after spending R28m to host the four-team event that included English club Crystal Palace

Other Sport

Buthelezi may get rematch against Sityatha after furore

Gideon Buthelezi. Picture: GALLO IMAGES/LEFTY SHIVAMBU
7 hour(s) ago

Widespread disagreement over split decision awarded to IBO junior bantamweight champion Lwandile Sityatha

Soccer

Soweto derby: Tinkler is cool, Komphela nervy

Eric Tinkler during the Absa Premiership match between Orlando Pirates and Platinum Stars at Orlando Stadium on April 08 in Soweto.  Picture: GALLO IMAGES/LEFTY SHIVAMBU
7 hour(s) ago

Orlando Pirates coach Eric Tinkler calm on Soweto derby day despite dearth of wins

Cricket

Cricket World Cup note alienated players

Picture: THINKSTOCK
7 hour(s) ago

South African Cricketers’ Association urges regular consultations with players on the purpose of the transformation charter

Standard Bank

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Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
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The Third Umpire

Public Works Minister Thulas Nxesi, who has outdone himself in avoiding political accountability for the Nkandla scandal by blaming “neoliberal” outsourcing to private companies and “downsizing of the public service”.

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Parliamentary standing committee on appropriations chairman Paul Mashatile, for demanding the Treasury put as much pressure on government departments to pay their municipal bills as on councils to pay Eskom.

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Communications Minister Faith Muthambi, whose insistence that she was entitled to remove SABC board members has been discredited by the disclosure that her legal adviser was struck off the roll in 2007.

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