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The Mare Caribicum lies at anchor off Port of Ngqura . Picture: THE HERALD

Another trade surplus in June as exports outstrip imports

14 hour(s) ago

SA records second consecutive surplus on trade balance as exports grew faster than imports, with trade surplus surpassing the expected R3.5bn

Telecoms & Technology

Telkom cuts jobs in push to reduce staff costs

Picture: CHARLES GALLO/GALLO IMAGES
19 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

Energy

Petrol price to drop by 51c per litre on Wednesday

Picture: THINKSTOCK
14 hour(s) ago

Petrol prices in Gauteng will decrease by 51c per litre for 93 octane and 95 octane from August 5, Department of Energy announces

National

Term of Post Office administrator extended

Simo Lushaba.  Picture: SUNDAY TIMES
11 hour(s) ago

Telecommunications and Postal Services Minister Siyabonga Cwele extends term of administrator appointed to deal with shambles at postal authority

Retail & Consumer

Aca Joe owner placed under liquidation

Marcel Joubert. Picture: SUNDAY TIMES
23 hour(s) ago

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

Markets

Rand hits fresh 14-year low

Picture: REUTERS
15 hour(s) ago

Local currency continues to capitulate against dollar on Friday, sinking to fresh 14-year low against greenback amid mounting concerns about interest rate hikes in US

Mining

ArcelorMittal widens losses in first half

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

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

Economy

SA and Nigeria both grappling with structural socioeconomic challenges

The Victoria Island waterfront is seen from the Ikoyi neighbourhood in Lagos, Nigeria. Picture: REUTERS
15 hour(s) ago

Two biggest economies in Africa grappling with structural socioeconomic challenges that are stunting trade, domestic growth, and co-operation between them

Members of the National Union of Mineworkers protest outside a mine in Steelpoort. Picture: SETUMO STONE

Bump in road sets off a chain reaction of unrest

Mining town protests highlight new pattern of broad demands

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
16 hour(s) ago

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

Education

Tito Mboweni appointed honorary professor at Wits

Tito Mboweni.  Picture: FINANCIAL MAIL
16 hour(s) ago

Former South African Reserve Bank governor Tito Mboweni will join school of economic and business science at University of Witwatersrand

Education

Possible renaming of Rhodes University to be considered

Picture: THE TIMES
11 hour(s) ago

Rhodes University vice-chancellor Sizwe Mabizela says momentum to transform institution, including possible renaming, gathering pace and moving with urgency

Americas

US employment costs post smallest gain on record in second quarter

A woman walks to enter a line for the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York.  Picture: REUTERS
11 hour(s) ago

US labour costs in second quarter record smallest increase in 33 years amid tepid gains in private sector, but unlikely to dampen speculation of rate hike this year

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

African Business

Zambia’s utility delays plan to cut power supply

Picture: THINKSTOCK
14 hour(s) ago

Copperbelt Energy Corporation delays plan to reduce electricity to mines after companies warn that processing plants may close, jobs may be lost

African Business

Thirsty for growth, liquor giant taps Africa

Alcohol consumption. Picture: THE TIMES
17 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

Lottery operator Ithuba denies not meeting standard

Picture: SUNDAY TIMES
23 hour(s) ago

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

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
23 hour(s) ago

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

Retail & Consumer

Talk of Steinhoff buyback from Brait

Picture: THINKSTOCK
23 hour(s) ago

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

Retail & Consumer

Market not sure that veteran Brookes can fix Edcon

Picture: Robbie Tshabalala
23 hour(s) ago

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

National

Ousted labour registrar Johan Crouse takes department to court

Minister of Labour Mildred Oliphant. Picture: TREVOR SAMSON
23 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

Americas

Microsoft hopes Windows 10 will help it catch up in mobile

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

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

National

‘Poo thrower’ Lili to remain in custody after prosecution opposes bail application

Andile Lili (left). Picture: ESA ALEXANDER / SUNDAY TIMES
14 hour(s) ago

Western Cape provincial executive member Andile Lili, charged with inciting violence, to spend five more days behind bars after prosecution opposes bail application

Mining

Cutifani takes on Mantashe over job cuts

Anglo American CEO Mark Cutifani. Picture: REUTERS
23 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
23 hour(s) ago

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

Other Sport

Beijing wins IOC vote for 2022 Winter Olympics

Local residents perform ahead of the announcement of the winner city for the 2022 winter Olympics bid, at a square in Chongli county of Zhangjiakou, China, on Friday.  Picture: REUTERS
14 hour(s) ago

Choice of Beijing as host of 2022 Winter Olympics over Kazakhstan’s Almaty a solid vote for tried and tested, and financial and organisational security of China

Energy

Suspended duo still on board, according to PetroSA

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

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

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
23 hour(s) ago

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

National

ANC MPs block bid for Madonsela appearance

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

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

Europe

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

Axel Springer. Picture: AFP PHOTO/JOHANNES EISELE
23 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

Asia-Pacific

Uber to invest heavily in India

The Uber logo is seen on a vehicle near Union Square in San Francisco, California. Picture: REUTERS/ROBERT GALBRAITH
15 hour(s) ago

App-based taxi-hailing company says it is ‘extremely bullish’ on Indian market, expects ‘tremendous potential’ in country

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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
23 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

23 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
23 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
23 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
23 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
23 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
23 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
23 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
23 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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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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