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Energy

Two suspended executives return to PetroSA — but only to the board

Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL
37 minute(s) ago

In a dramatic twist, suspended executives may have backed moves to isolate former board chairwoman Nonhlanhla Jiyane, who quit this week

Companies

Battle for control of Advtech heats up

Picture: THINKSTOCK
14 hour(s) ago

While current shareholders firmly support board’s rejection of Curro Holdings’ takeover bid, Advtech’s second-largest shareholder expresses strong approval for a deal

Markets

Chinese jewellers’ woes bode ill for gold

Picture: REUTERS
37 minute(s) ago

Global demand for gold coins and bars fell 12% in the second quarter

Transport & Tourism

SA digs in on African business visas

Picture: SUNDAY TIMES
16 minute(s) ago

Department of Home Affairs strongly resists bid by the East African Community for business visas to be issued on arrival

Healthcare

Basic medical aid could soon be within reach of the poor

Picture: THINKSTOCK
14 minute(s) ago

Very basic benefit options could cost as little as R200 per person a month

African News

Obama prods African leaders to do better

US President Barack Obama meets African Union chairwoman Nkosazana Dlamini-Zuma in Addis Ababa, Ethiopia, on Tuesday. Picture: AFP PHOTO/SAUL LOEB
15 minute(s) ago

US president ends landmark visit with speech focused on action against the scourges of entrenched corruption, tribalism and gender discrimination

National

ANC axes four mayors in Mpumalanga
shake-up

Picture: SIMON MATHEBULA
9 hour(s) ago

Four ANC mayors have been axed in Mpumalanga where the party is trying to clean up its act before next year’s local government elections

MEMORIAL: Crosses planted on the koppie near the Nkaneng informal settlement in Marikana where 34 miners lost their lives at the hands of police during a protest in August 2012. Picture: THE TIMES

Marikana: State must do the right thing now and accept civil liability

Paul Hoffman on the Marikana report – what the ‘commentariat’ and some counsel have missed

Columnists

Steven Friedman

Conservatives who blame poor people for their poverty have a new friend — the African National Congress and its allies, writes Steven Friedman

ANC ‘shift’ paints a false picture of the poor

Columnists

As the DA tries to move away from doom and gloom scaremongering, it will find the biggest culprits are its own leaders, writes Gareth van Onselen

DA and the ‘failed state’

Transport & Tourism

Satawu urges return of Prasa’s Montana

Lucky Montana. Picture: MARTIN RHODES
15 minute(s) ago

Union threatens to disrupt Passenger Rail Authority of SA unless former CEO Lucky Montana returns

Europe

VW overtakes Toyota to take lead in global sales

An employee holds an emblem for a Volkswagen Golf car in a production line at the Volkswagen headquarters in Wolfsburg, Germany, in this November 14 2008 file photo.  Picture: REUTERS
25 minute(s) ago

Volkswagen in first place as biggest vehicle maker three years ahead of its target

Trade & Industry

New web-based docking system a boon for SA’s ports

The Mare Caribicum lies at anchor off Port of Ngqura . Picture: THE HERALD
9 hour(s) ago

South African harbours go hi-tech with the latest state-of-the-art information technology turning the country’s ocean gateways into smartports

Markets

Takeovers boost European stocks

Luxury goods maker Gucci's  sales grew for the first time in almost two years. Picture: REUTERS/EDGAR SU
26 minute(s) ago

Deal plans in Europe’s pharmaceutical, utility and insurance industries help revive investor confidence after a rout in Chinese markets

Greek Prime Minister Alexis Tsipras’ brinkmanship has been as unhelpful in the sorry saga of the Greek crisis as German Chancellor Angela Merkel’s hardline approach. Picture: REUTERS

Greeks paying, but getting nothing

Statesmanship a missing factor in the sovereign debt crisis, writes Walter Baets

Middle East

Nato backs Turkey on Islamic State as some urge peace with Kurds

Nato Secretary-General Jens Stoltenberg attends a Nato ambassadors meeting on Turkey at the Nato headquarters in Brussels, Belgium, on Tuesday. Picture: EPA/JULIEN WARNAND
12 hour(s) ago

Nato gives full support to Turkey with caveat as President Tayyip Erdogan says ‘not possible’ to continue Kurdish peace process

Soccer

Platini plans to throw hat in for Fifa presidency

Uefa president Michel Platini attends a Euro 2016 meeting  on March 12  in the central French city of Lyon. Picture: AFP PHOTO/JEFF PACHOUD
16 minute(s) ago

Uefa chief Michel Platini to vie for Fifa presidency possibly against Jordan’s Prince Ali bin Al Hussein and South Korean Chung Mong-joon

National

Reports show new Denel chairman struck off attorneys roll

Picture: THINKSTOCK
10 hour(s) ago

Reports reveal High Court ruling had struck Daniel Mantsha off the roll of attorneys for his unprofessional behaviour, dishonesty and misappropriation of funds

Energy

Eskom open to coal imports for new power stations

Koeberg nuclear power station at sunset.
14 hour(s) ago

Eskom is open to importing coal for plants it still plans to commission, coal conference hears

Telecoms & Technology

MTN shares drop on expectations of lower first-half earnings

MTN. Picture: BLOOMBERG/NADINE HUTTON
19 hour(s) ago

Shares in MTN fall 5% as company says it expects drop in first-half earnings, blaming weaker exchange rate that hurt international business

Industrials

Mondi rallies to near-record high

Picture: THE TIMES
18 hour(s) ago

Packaging and paper group Mondi touches near-record highs on JSE after announcing first half earnings will increase even with once-off costs of €36m

National

DA calls for forensic probe into Sassa

Social Development Minister Bathabile Dlamini. Picture: TREVOR SAMSON
16 hour(s) ago

Democratic Alliance to ask auditor-general Thembekile Makwetu to conduct a forensic investigation into the South African Social Security Agency

Media & Advertising

Times Media Group welcomes three new executives

Picture: SUNDAY TIMES
14 hour(s) ago

Lisa MacLeod‚ Philani Mgwaba and Vernon Matzopolous will contribute to digital‚ broadcast and print divisions of company

Industrials

AECI’s strategy to diversify pays off

AECI CEO Mark Dytor. Picture: MARTIN RHODES
25 minute(s) ago

CEO Mark Dytor warns of investment confidence decline — manufacturing output in SA is ‘nowhere near where it was in 2008’

National

Banks warn Expropriation Bill will create risks for bond debtors

Dr Anthea Jeffery, left, of the Institute of Race Relations, and Deputy Public Works Minister Jeremy Cronin address the public hearings on the Expropriation Bill in Parliament on Tuesday. Pictures: TREVOR SAMSON
23 minute(s) ago

Bill allows state to expropriate private property and pay compensation equal to 80% of market value

Financial Services

Convergence Partners fund realises more than $200m

Picture: THINKSTOCK
10 hour(s) ago

Fund reaches its final close with capital commitments from institutions such as the Public Investment Corporation

Cricket

Cricket legend Clive Rice dies after lengthy battle against brain cancer

Cricket legend Clive Rice. Picture: ROBERT BOTHA/BUSINESS DAY
17 hour(s) ago

Cricket legend Clive Rice, described as one of most formidable, gifted and competitive allrounders game has ever seen, dies after lengthy battle against brain cancer

Europe

Diageo dissolves Heineken venture to go solo in SA

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

Diageo to dissolve venture with Heineken in SA, neighbouring Namibia three years earlier than planned so distiller can fully own its operations in those countries

African News

Mozambican coal: boom to bust to wait it out

Picture: THINKSTOCK
12 hour(s) ago

Mozambique’s coal rush is officially over and government is now looking offshore to gas bonanza, according to analysts at coal conference in capital Maputo

Americas

GM to invest $5bn on new Chevrolet for emerging markets

Chevrolet cars are seen at a General Motors dealership. Picture: REUTERS
14 hour(s) ago

General Motors announces plans to introduce new family of cars under Chevrolet line targeting emerging markets and co-developed by Chinese partner SAIC Motor

Labour

Union demands transport minister’s resignation

Minister of Transport Dipuo Peters. Picture: TREVOR SAMSON
19 hour(s) ago

South African Transport and Allied Workers Union calls for both transport minister Dipuo Peters to resign and for President Jacob Zuma to fire her

View more

Cartoons

This image courtesy of New York Magazine shows the cover of the July 27-Aug 9, 2015 edition featuring 35 women who have accused Bill Cosby of sexual assault. Picture: AFP/AMANDA DEMME/NEW YORK MAGAZINE

Thirty-five of Bill Cosby’s alleged victims speak out

New York magazine cover story is largest exposé yet of alleged abuse from women who have publicly accused Bill Cosby of assault

Management

Seven ways to reinvigorate your job

Picture: THINKSTOCK
22 hour(s) ago

One is bound to fall into rut doing same tasks at same office with same people every day, but there are ways to reinvigorate your job

Innovation

Switched-on young innovators’ light bulb moment wins the prize

Pupils from Limpopo’s Risinga Secondary School with their Cell Switch device for which they won the national prize in an international competition for young innovators. Picture: SUPPLIED
1 day(s) ago

The Cell Switch, invented by the pupils through their company Centronix, can switch household appliances on and off by sending an SMS, writes Edward Tsumele

Innovation

Big players banking on bitcoin tech to streamline operations

Bitcoin. Picture: REUTERS/BENOIT TESSIER
1 day(s) ago

World’s biggest banks and companies reckon blockchain data could save them money by making the way they operate faster, more efficient and more transparent, writes Jemima Kelly

Innovation

SA car makers eye Nigeria despite tariffs

The Nissan plant in Rosslyn, Pretoria, where sister company Datsun hopes to announce the production of a new model in the next 18 months. Picture: ROBERT TSHABALALA
1 day(s) ago

German car maker Volkswagen joins Nissan, Hyundai, Ashok Leyland and Iveco in Nigeria using an assembly plant owned by the Dubai-based Stallion Group

Health

Not an introvert or an extrovert? You may be an ambivert

Picture: THINKSTOCK
18 hour(s) ago

Personality traits of extroversion, introversion fall on spectrum, scientists are now taking closer look at overlooked category in the middle

Gadgets & Gear

Google gives up on Google+ as a Facebook rival

20 hour(s) ago

Technology company puts final nail in coffin of its ambition to make Google+ real competitor to leading social networks

Gadgets & Gear

Android flaw lets hackers break in with a text message

Picture: THINKSTOCK
21 hour(s) ago

Cyber security firm Zimperium warns of flaw in world’s most popular smartphone operating system that lets hackers take control with text message

Innovation

From old energy to new order

CEO and chairman of NRG Renew Africa Grant Pattison says a classic management dilemma is whether to outsource power generation. Picture: FREDDY MAVUNDA
1 day(s) ago

Charlotte Mathews: Grant Pattison tells CEOs to deal with load shedding and get it off the agenda — then look at the future of energy costs

Opinion

VRROOM WITH A VIEW: Car companies will autocorrect their tech troubles

This industry moves so fast that any legislation will be comically out of date by the time they get round to passing it

Picture: THINKSTOCK

Long passage to India as relations thaw

Centrepiece of SA’s summer takes shape with the announcement of the fixtures for the tour to India

Rugby

Gold picks Du Toit for Sharks friendly

Pieter-Steph du Toit, centre, will play for the Sharks in a warm-up on Friday and has a chance of making the Springbok squad for the World Cup. Picture: GALLO IMAGES/CARL FOURIE
1 day(s) ago

Gary Gold selects Springbok lock Pieter-Steph du Toit in Currie Cup warm-up game against the Golden Lions

Soccer

Rakhale provides the goal, Mhlongo keeps Bucs in it

Picture: THINKSTOCK
1 day(s) ago

Winger Thabo Rakhale scores a superb goal in the second half for the win while Mhlongo makes sure of the victory

Other Sport

Legislate green light is relief for Hawkins

Picture: THINKSTOCK
1 day(s) ago

Last season’s Durban July winner will definitely run in R1m Champions Cup at Greyville

Rugby

Bok skipper needs work, says WP coach

Jean de Villiers leaves the field on Saturday after his first match in nine months. Picture: EPA/NIC BOTHMA
1 day(s) ago

WP coach John Dobson selective in his praise of Springbok captain Jean De Villiers

Cricket

Starc climbs into England over pitches

Australian fast bowler Mitchell Starc has accused England of not knowing what pitch they want for the third Test which starts at Edgbaston on Wednesday. Picture: REUTERS/PHILLIP BROWN
1 day(s) ago

There have been suggestions England and Wales Cricket Board chiefs have ordered groundsmen to prepare deliberately slow surfaces

Soccer

Amagluglug to face Rwanda’s best

Picture: THINKSTOCK
1 day(s) ago

SA’s under-23 team to warm up for their weekend Olympic Games qualifier against Zimbabwe with a match Tuesday night against Rwanda

Opinion

Cricket is also about smashing self-delusion to reality’s boundary

Cricketers are asked just as frequently to practise self-deception rather than opposition deception. And as millions of retired cricketers will testify, they need it

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

PetroSA chairman Nonhlanhla Jiyane. Leaked legal opinion indicates that the board’s bid to fire executives who were suspended following reports of a R15bn loss will fail due to the weakness of the case against them.

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Former spokesman for the presidency Mac Maharaj, whose claim that he advised President Jacob Zuma to pay back some of the Nkandla money makes him come across as the proverbial rat abandoning a sinking ship.

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Baron John Sewel, deputy speaker of the UK House of Lords, who faces the prospect of being the first peer to be expelled on the basis of a rule he introduced, after being filmed snorting cocaine off a prostitute’s breast.

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