• Wednesday, September 02 2015
  • JSE Sens

Markets

Global stocks bleed as China fears grow

A trader works on the floor of the New York Stock Exchange in the US on Tuesday. Wall Street opened sharply lower after weak data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth.  Picture: REUTERS/LUCAS JACKSON
36 minute(s) ago

Activity in China’s factory sector shrinks at fastest rate in at least three years

Economy

Worst to come as car sales hit skids

Nicholas Nkosi. Picture: SUPPLIED
35 minute(s) ago

Worsening economic conditions could double the rate of decline in new vehicle sales, say analysts

Industrials

Rescuer for embattled Evraz still to be named

Picture: EVERAZ HIGHVELD
38 minute(s) ago

Deadline missed to name bidders for embattled steel maker while publication of business rescue plan pushed back two weeks

Labour

Ramaphosa initiates talks on strike ballots and pickets

Deputy President Cyril Ramaphosa. Picture: GCIS
19 minute(s) ago

Deputy President Cyril Ramaphosa initiates talks on violent and prolonged nature of strikes as well as wage inequality

Education

Radicalise change at Stellenbosch, says Nzimande

Higher Education and Training Minister Blade Nzimande. Picture: SOWETAN
16 minute(s) ago

Conservative forces at work are resisting transformation, minister tells MPs

Healthcare

Medical aids spend more on hospitals and specialists

Picture: THINKSTOCK
12 minute(s) ago

Medical schemes’ outlay on specialists and private hospitals soars in above-inflation trend, Council for Medical Schemes report shows

National

ANC steamrolls impeachment debate as opposition squabble

A panoramic view of Parliament, at the swearing-in ceremony of new members of Parliament in the National Assembly in this file image. Picture: GCIS
9 hour(s) ago

Relations between opposition parties plunged to lowest level yet allowing the ANC easily to defend motion to probe impeachment of President Jacob Zuma

National

Ramaphosa to update MPs on state-owned firms

Deputy President Cyril Ramaphosa addresses the South Africa-China business forum in Beijing, China, on Wednesday.  Picture: GCIS
9 hour(s) ago

Deputy President Cyril Ramaphosa to brief Parliament on Eskom, SAA and South African Post Office at sitting of the National Council of Provinces

National

Gauteng to probe R2bn hike in irregular spending

David Makhura. Picture: SOWETAN
9 hour(s) ago

Premier David Makhura calls for urgent investigations and disciplinary measures against guilty officials

Picture: THINKSTOCK

EDITORIAL: Make conditions better for teachers

It's irrational to expect excellent results when teachers are stressed by resource shortages, unengaged parents and poor service delivery

Columnists

Commodity cycle not expected to bounce back anytime soon and anaemic global demand and electricity constraints weigh against currency bounce, writes ...

Where, oh where, will the bounce-back come from?

Columnists

People should be free to work, to earn a living as they can, without an overbearing state chasing them off the streets, writes Xhanti Payi

State-driven elitism throttles a vibrant economy

National

Judges pepper Vodacom counsel on SMS idea

Nkosana Makate. Picture: SUNDAY TIMES
17 minute(s) ago

‘Where does justice find its place on your approach, in a situation where a man has come up with a product out of which millions were generated for the benefit of Vodacom, and yet he must get nothing?’ — Chief Justice Mogoeng Mogoeng

Financial Services

Shake-up in offing for life assurance commission

Banking customers. Picture: THINKSTOCK
13 minute(s) ago

Structure of commission payments in life assurance industry poised for radical overhauled

Energy

Specs and costs stall enacting of clean fuel standards

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
1 minute(s) ago

Financing still under discussion — earlier estimate at about R40bn to modernise refineries that were built in the 1940s and 1950s

Health

Antiretrovirals for staff good for business

Picture: THINKSTOCK
6 minute(s) ago

Drugs to all eligible employees cuts HIV/AIDS-related costs, study at Anglo American’s coal operations shows

National

Transport laws need to move with the times, Uber tells MPs

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

Company business model and modus operandi as transport network carrier falls outside ‘metered taxi service’ in law

Education

Luister documentary ‘disturbing’ to watch, says vice-chancellor

University of Stellenbosch vice-chancellor Wim de Villiers is expected to be in Parliament on Tuesday. Picture: HETTY ZANTMAN
14 hour(s) ago

Stellenbosch vice-chancellor tells parliamentary committee it is ‘uncomfortable, disturbing’ to watch documentary that describes racism at university

Women from a local cocoa farmers’ association called Blayeya walk in a cocoa farm in Djangobo, in eastern Côte d’Ivoire in November.   Picture: REUTERS

Only ethically sourced cocoa for KitKat

Nestle first global chocolate brand to make all its products with sustainably sourced cocoa

Transport & Tourism

Minister unveils action plan to boost Western Cape tourism, create jobs

Cape Town city SA flag XXX  Picture: THINKSTOCK
12 hour(s) ago

Western Cape minister of economic opportunities Alan Winde unveils province’s growth strategy to create 100‚000 jobs in multi-billion-rand tourism sector

National

Premier happy with Gauteng’s audit outcome

Gauteng finance MEC Barbara Creecy. Picture: VELI NHLAPO/SOWETAN
15 hour(s) ago

Total of 19 departments obtained clean audits in 2014-15 financial year, same outcome as previous financial period

Economy

Brakes on car sales and exports

Picture: THINKSTOCK
9 hour(s) ago

Domestic vehicle sales slump for sixth consecutive month

Energy

Gas could mitigate SA’s electricity crisis, report says

Russia gas. Picture: BLOOMBERG
16 hour(s) ago

Natural gas power generation should be prioritised to help tackle SA’s energy crisis, which has hobbled growth, led to rolling black-outs, McKinsey & Company report says

African Business

African Development Bank chief to focus on powering Africa

Akinwumi Adesina. Picture: AFP PHOTO/ SIA KAMBOU
14 hour(s) ago

Bank will focus on tackling Africa’s power shortages to try to unlock economic potential, end vulnerability to fluctuations in commodity prices, Akinwumi Adesina says

Education

Financial pressure biggest challenge for students

Picture: THINKSTOCK
19 hour(s) ago

Survey, conducted by Stanley Hutcheson & Associates in Midrand, finds that on average students are spending 52% of their monthly earnings on transport alone

National

Cape Town powering up to be No 1 for investors

The Cape Town International Convention Centre. Picture: REUTERS/ROGAN WARD
23 hour(s) ago

City plans to buy gas-fired and wind-generated energy, writes Bekezela Phakathi

Economy

‘Big Five’ growth opportunities could lift economy

Picture: THINKSTOCK
23 hour(s) ago

SA captures just 2% of the fast-growing sub-Saharan African market for construction and financial sector services

Industrials

ArcelorMittal SA steel mills to close as industry crisis bites

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

ArcelorMittal SA latest to mull job cuts and review operations

Europe

Eurozone unemployment at lowest in three years

Job seekers wait in line to enter a government-run employment office in Madrid, Spain on Thursday.   Picture: REUTERS
13 hour(s) ago

Unemployment falls to 10.9% in July, first time it has dipped below 11% since February 2012, raising hopes economic recovery is taking hold, official data show

Americas

Google redesigns iconic logo for the fifth time

Picture: REUTERS
10 hour(s) ago

Google unveils redesign of its iconic logo, the fifth such modification since the search engine giant started in 1998

Financial Services

Deloitte acquires all of investment advisory firm

Deloitte Africa CEO Lwazi Bam. Picture: FINANCIAL MAIL
9 hour(s) ago

Deloitte Africa CEO Lwazi Bam says the group will be better equipped to advise inbound and intra-Africa investors with the acquisition of Frontier Advisory

Retail & Consumer

Actis acquires minority stake in Coricraft

Natalie Kolbe, a partner at Actis. Picture: RUSSELL ROBERTS
12 hour(s) ago

Private equity player acquires minority stake in Coricraft Group, a move that will enable furniture retailer to aggressively expand store footprint

Economy

Barclays PMI declines in August

Manufacturing. Picture: BLOOMBERG/MARTIN LEISSL
18 hour(s) ago

Barclays purchasing managers index shows activity in manufacturing sector fell in August, managers feel less optimistic about conditions in coming months

Mining

DRDGold rallies after reporting rise in profit

DRDGold CEO Niël Pretorius. Picture: MARTIN RHODES
17 hour(s) ago

DRDGold shares find favour with investors, rising more than 10% after retreatment company announces increase in full-year profit, revenue

Europe

EU asylum rules under threat as migrants protest

Migrants protest in front of the Keleti Railway Station after police closed the station in Budapest, Hungary, on Tuesday. Picture: EPA/ZOLTAN BALOGH
11 hour(s) ago

Migrants protest at closure of Budapest train service in response to large-scale flouting of asylum rules

Energy

Joemat-Pettersson says nuclear procurement process will include study

Tina Joemat-Pettersson. Picture: FLICKR
18 hour(s) ago

But information that results from thoroughgoing affordability study is likely to be ‘classified’, says Energy Minister Tina Joemat-Pettersson

Asia-Pacific

IMF sees weaker than expected global growth

Christine Lagarde. Picture: REUTERS / RUBEN SPRICH
19 hour(s) ago

International Monetary Fund MD Christine warns emerging economies to ‘be vigilant for spillovers’ from slowdown in China, tighter financial conditions

Retail & Consumer

Cashbuild benefits from reining in operating costs

A Cashbuild outlet in Rustenburg, North West. Picture: MARTIN RHODES
19 hour(s) ago

Analyst says investing in building materials retailer makes sense because it competes in space it knows better than any of its competitors

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Cartoons

Cancer patient. Picture: REUTERS/JIM BOURG

What to watch for after skin cancer

New research shows sharp rise in non-melanoma skin cancers, so dermatologists are pushing patients who have history of even one occurrence to be more vigilant

Innovation

Social media, from global village to street network

A resident on Via Fondazza in Bologna, Italy, created  a closed group on Facebook just for the people who live there. Today everyone knows one another in the street as  the group boasts 1,100 members. Picture: ISTOCK
23 hour(s) ago

South African in progressive Bologna creates successful social street exchange to bring residents closer, writes Gaia Pianigiani

Innovation

Collaborative robots set to overhaul assembly line

Being close to a robot, if you’re a human, can be dangerous and cause injury, but new-generation ‘cobots’ are designed to deal with this problem. Picture: BLOOMBERG/JAMES MACDONALD
23 hour(s) ago

Cobots, or co-operative robots with sensors and human-focused safety features, make workplace safer, writes Olivia Solon

Innovation

Will Constitutional Court make good call on ‘bad faith’ on Please Call Me case?

Nkosana Makate. Picture: SUNDAY TIMES
23 hour(s) ago

Nkosana Makate’s ‘Please Call Me’ intellectual property claim against former employer Vodacom offers valuable insights, writes Pieter Koornhof

Innovation

Car apps an invite to thieves for a ride

Tesla Model S. Picture: BLOOMBERG/SIMON DAWSON
23 hour(s) ago

Car makers are planning to bring e-commerce to the dashboard, but cybercriminals pose a significant threat, writes Keith Naughton

Gadgets & Gear

Samsung takes smartwatch fight to Apple

TAKE NOTE: A Samsung Galaxy Gear smartwatch is seen after its launch during an event at the IFA consumer electronics fair in Berlin, Germany, last week. Picture: REUTERS
15 hour(s) ago

Samsung says it will introduce new smartwatch later this week, as company attempts to prove it can outshine rival Apple on design in nascent product category

Management

Three ways to fend off stress

Picture: THE NEW YORK TIMES/TONY CENICOLA
17 hour(s) ago

Rather than trying latest stress-release techniques, it may be more effective to understand how stress works and where it comes from

Arts & Entertainment

George Ezra fiesta at Carnival City

Carnival City in Gauteng. Picture: SOWETAN
17 hour(s) ago

British singer gets crowd of few thousand moving at Joburg casino, was supported by Bongeziwe Mbandla, BCUC, Freshlyground

Innovation

On a smart road to freedom

For migrants, smartphone maps, global positioning apps, social media and WhatsApp have become essential tools on the long journey to a better life. Picture: REUTERS/BERNADETT SZABO
23 hour(s) ago

Technology transforms 21st-century version of a refugee crisis by making it easier for millions more people to move, writes Matthew Brunwasser

Opinion & Analysis

Reverse innovation changes the face of technology

Limpopo inventor Ludwick Marishane’s DryBath Gel will soon be on the shelves of local retailers . Picture: SOWETAN
23 hour(s) ago

Emerging markets are becoming innovation hubs and ’glocalisation’ offers worldwide platform for great products, writes Michelle Gounden

Innovation

Dial M for an easier life, Facebook tells 1.5-billion users

David Marcus. Picture: BLOOMBERG/DAVID PAUL MORRIS
23 hour(s) ago

Facebook service M takes on Apple’s Siri and Microsoft’s Cortana as virtual personal assistant, writes Hannah Kuchler

Rudy Paige during Springboks training session at Peoples Park on August 04 2015 in Durban. Picture: GALLO IMAGES/STEVE HAAG

Rudy Paige shrugs off furore over Bok selection

Nod from Springbok coach Heyneke Meyer no surprise to him, says third-choice scrumhalf

Other Sport

SA team rider claims cycling stage victory in Spain

MTN-Qhubeka's Italian cyclist Kristian Sbaragli (right) celebrates ahead of Movistar's Spanish cyclist Jose Joaquin Rojas as he crosses the finish line to win the tenth stage of the 2015 Vuelta Espana cycling tour, a 146,6 km stage between Valencia and Castellon on August 31 2015. Picture: AFP PHOTO/ JOSE JORDAN
1 day(s) ago

Kristian Sbaragli gives MTN-Qhubeka team their second grand tour victory by winning the tenth stage of the Tour of Spain

Other Sport

Runners eye diamonds

VICTOR: Khotso Mokoena celebrates gold in the men’s triple jump at the Commonwealth Games in Glasgow, Scotland, on Saturday. Picture: REUTERS
1 day(s) ago

Sprinters Wayde van Niekerk and Anaso Jobodwana head to Zurich searching for diamonds

Other Sport

Nadal, Djokovic win at US Open as Williams sisters advance

Former Wimbledon champion Rafael Nadal of Spain has tumbled dramatically down the seedings list for Wimbledon, which starts on Monday. Picture: JULIAN FINNEY/GETTY IMAGES
1 day(s) ago

Rafael Nadal moves into the second round of US Open with a four-set win against Borna Coric, avenging previous loss

Cricket

Food just part of the grief SA had in India

South African cricketer Quinton de Kock is bowled out during the first cricket Test match between Bangladesh and South Africa at the Zahur Ahmed Chowdhury Stadium in Chittagong this week. Picture: AFP PHOTO/MUNIR UZ ZAMAN
1 day(s) ago

Numbers never tell whole story, but bare bones of SA tour to India will stick in the throat of any cricket-minded South African

Opinion

Unless SA cricket gets a heart transplant, it will suffer cardiac arrest

A meeting takes place in Johannesburg on Tuesday that will shape the future of the domestic game in SA

JSE Sens

Standard Bank

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The Third Umpire

Environmental Affairs Minister Edna Molewa. The fight against rhino poaching has no easy victories, and not everyone agrees with her methods, but it’s undeniable that she’s committed and is making some progress.

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New secretary of N ational Planning Tshediso Matona. Considering everything that’s happened since he was suspended as Eskom’s CE in March, his annus horribilis has quite quickly become an annus mirabilis.

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Agency for New Agenda president Edward Mokhoanatse. Rather than a “public duty”, his party’s bid to use the courts to stop the Springboks playing in the Rugby World Cup smacks more of a “publicity stunt”.

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