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African Business

MTN said to be weighing up $500m share sale in Ghana

Picture: REUTERS
1 hour(s) ago

Insiders say that MTN is approaching wealthy Ghanaians to buy about $500m worth of shares in its business there in a private placing

Media

BusinessLIVE brings you all of SA’s top news and views, in one place

Business Live website. Picture: BUSINESS DAY
2 hour(s) ago

Read our brand new website for business, market and political news as it happens, and access to premium content from SA, the Wall Street Journal and Financial Times

Education

Temperatures rise in campus protests

Police detain a man during student protests in Johannesburg on Wednesday.  Picture: ALON SKUY/THE TIMES
2 hour(s) ago

Shots have been fired, protests have spilled onto the streets and Fort Hare has shut up shop

Retail & Consumer

Shoprite share price leaps as Christo Wiese talks of merger with Steinhoff

Christo Wiese. Picture: FINANCIAL MAIL
1 hour(s) ago

Remarks by Christo Wiese that a Shoprite-Steinhoff tie-up would be a "natural development" pushed Shoprite’s share price up more than 4%

Mining

Implats to replace SABMiller on JSE’s top 40

Picture: MICHAEL ETTERSHANK
2 hour(s) ago

The SABMiller merger will lead to its place on the JSE’s top 40 index being taken by Impala Platinum and AVI will replace it on the industrial-25 index

Politics

Provincial government said to be moving to oust DA administration in Tshwane

Solly Msimanga. Picture: SUNDAY TIMES
5 hour(s) ago

After chaotic scenes in Tshwane’s metro chamber, insiders say the provincial government is getting ready to oust the DA from power

Transport & Tourism

President has set a precedent and should stay on SAA, says DA

President Jacob Zuma speaks during a monitoring visit to South African Airways on Friday.  Picture: GCIS
4 hour(s) ago

Jacob Zuma has shown he can use SAA for long-haul flights, so he should save SA the R273,972 a day it will spend leasing a jet for him, the party’s Kobus Marais says

National

SARS spy-unit trio get paid R8.5m in restraint-of-trade agreements

Ivan Pillay. Picture: GCIS
5 hour(s) ago

SARS says it paid R8.5m in restraint-of-trade settlements to three executives who quit during the spy unit furore

Financial Services

FIC amendments vital in fighting money laundering, says Pravin Gordhan

Finance Minister Pravin Gordhan speaks at the Business Day/Financial Mail investment summit in Sandton on Tuesday. Picture: REUTERS
5 hour(s) ago

Gordhan says Financial Intelligence Centre Act amendments are critically important in strengthening the financial system

Energy

Nuclear new build programme thrown into disarray, again

Tina Joemat-Pettersson. Picture: GCIS
8 hour(s) ago

Naledi Pandor contradicts comments made by Tina Joemat-Pettersson on the commencement date for the call for proposals for the new build programme

Economy

Bad news for South Africans as take-home pay continues to shrink

Picture: SUNDAY TIMES
6 hour(s) ago

Disposable salaries have not kept pace with inflation — but pensioners are doing better, and could be keeping the economy alive

The ANC is not in a growth phase. For the past decade its trajectory has been downhill as it grapples with a radically changed opposition. Picture: REUTERS/SIPHIWE SIBEKO

Leader issue is key to revamp of ANC

The task of reinventing the ANC and repositioning its brand cannot succeed without a leadership overhaul, writes Thabang Motsohi

Columnists

Many South African universities and ANC politicians are as thick as thieves, writes Gareth van Onselen

On the obsequiousness of SA universities

Columnists

Xhanti Payi: Free tertiary education debate is marred with red herrings that may poison what should be an important debate for lasting social outcomes

Myths pervade case for free tertiary education

Markets

The greenback's gain is gold's loss

gold coin XXX  Picture: THINKSTOCK
3 hour(s) ago

The metal has added to the previous day’s fall, with all eyes now on statements from US Federal Reserve chairwoman Janet Yellen and other Fed presidents

Financial Services

Mantashe backs signing FIC amendment

Gwede Manthashe. Picture: PUXLEY MAKGATHO
12 hour(s) ago

The issues have also sparked debate within the business community

Transport & Tourism

Feeling peckish? Get Uber to deliver your takeaway

Picture: BLOOMBERG FILE PHOTO
6 hour(s) ago

App-based taxi service launches a new food delivery service that will courier meals to customers in the north of Johannesburg

Europe

Russia dismisses MH17 report as ‘false, politically motivated’

A Malaysian air crash investigator inspects the remains of MH17 in Donetsk region, Ukraine, in July 2014. Picture: REUTERS/MAXIM ZMEYEV
1 hour(s) ago

Investigators stitch together a case on the downing of Malaysia Airlines MH17 from cellphone records, intercepts and witness accounts

National

Nelson Mandela Bay battles to get big firms to pay their mounting electricity bills

Port Elizabeth. Picture: THINKSTOCK
2 hour(s) ago

Despite a 2015 deal, big Nelson Mandela Bay firms are not paying power bills in full — and arrears are nearly R200m

National

Eastern Cape metro opts for code orange to stop public from seeing red

WILDCAT: Salary disparities are at the heart of a Johannesburg Metro Police Department strike. Picture: SUNDAY WORLD
3 hour(s) ago

Buffalo City officials is reclassifying documents as "top secret" and printing them on bright orange paper to stop details of controversial spending going public

Media

Is the SABC telling SA that a matric is useless, asks COPE

Hlaudi Motsoeneng. Picture: BUSINESS DAY
7 hour(s) ago

Party supports Public Protector Thuli Madonsela’s promise to take legal action against the SABC for appointing Hlaudi Motsoeneng to his new position

National

Paul Mashatile condemns ‘embarrassing behaviour’ in Tshwane council meeting

Paul Mashatile. Picture: SUNDAY TIMES
7 hour(s) ago

MEC for co-operative governance and traditional affairs says councillors’ behaviour is not consistent with ‘our commitment for tolerance and good governance’

Picture: THINKSTOCK

EDITORIAL: Sham public consultation

The government’s newest plan to build nuclear plants is, so far, another case of sham public consultation and faces yet another court challenge

Americas

BlackBerry shifts focus to profitable software as it stops making smartphones

The invention of the BlackBerry smartphone has not furthered progress, says the writer. Picture: REUTERS/REGIS DUVIGNAU
1 hour(s) ago

BlackBerry’s share price surged after it announced it would stop making smartphones and concentrate on its growing software business

Industrials

Remgro plans to raise R9.9bn

Johann Rupert. Picture: SUNDAY TIMES
4 hour(s) ago

Company to raise funds through a rights offer and the sale of B shares as it considers deals, including a right to buy SABMiller’s stake in drinks maker Distell Group

Europe

France’s Sarkozy aims to change EU treaties if he makes a comeback

Former French President Nicolas Sarkozy. Picture: REUTERS
4 hour(s) ago

Nicolas Sarkozy, campaigning for a comeback as French president, says he wants to renegotiate EU treaties

Science & Environment

Asian pangolins, the world’s most wanted mammals, get better protection at CITES

Pangolin. Picture: AFP
3 hour(s) ago

Countries at COP17 voted overwhelmingly in favour of banning all international trade in the animals hunted for their meat and scales

Telecoms & Technology

Nigerian allegations are without merit, says MTN Nigeria CEO Ferdi Moolman

A man passes an MTN board in Lagos, Nigeria.  Picture:  AFP PHOTO/PIUS UTOMI EKPEI
10 hour(s) ago

The cellphone company’s Nigerian unit has responded to allegations that it repatriated $14bn illegally over 10 years

National

Competition Commission raids cargo shipping companies

Picture: THINKSTOCK
6 hour(s) ago

Watchdog says it has reasonable grounds to suspect that the companies have engaged in collusive practices to fix the rates for the shipment of cargo from Asia to SA

National

Institute warns on fatal indoor air pollution

Picture: REUTERS
6 hour(s) ago

INDOOR air pollution caused by burning solid fuels causes the deaths of 1‚400 South African children a year, according to a leading think-tank

Retail & Consumer

Megabrew merger is a done deal, after AB InBev, SABMiller votes

Picture: BLOOMBERG/WALDO SWIEGERS
6 hour(s) ago

The SABMiller name will disappear, after both brewers’ shareholders have voted in favour of the $104bn takeover

Mining

Central Rand seeks funding to remain a going concern

Picture: THINKSTOCK
7 hour(s) ago

Unprofitable Central Rand Gold says it is in talks with a shareholder for a $4m injection and exploring other funding options in a bid to remain a going concern

Business

Jacob Zuma calls for stronger ties between business and government

President Jacob Zuma with ANC Treasurer General Dr Zweli Mkhize and outgoing President of BBC Ndaba Ntsele sharing a light moment at the Black Business Council (BBC) Baobab Awards Gala Dinner in Sandton on Tuesday, Picture: ELMOND JIYANE/GCIS
10 hour(s) ago

The president addresses infighting between black business leaders, saying it is disappointing that ‘among ourselves we see enemies’

African News

AfDB is chosen as lead financial arranger for Batoka Gorge project

Kariba Dam. PICTURE: REUTERS, MACKSON WASAMUNU
3 hour(s) ago

Zambia and Zimbabwe appoint the bank as lead advisers for the construction of the 2,400MW hydro-power project

Politics

ANC spent more than R70m to pay staff

Picture: DAILY DISPATCH
13 hour(s) ago

The governing party is the biggest beneficiary of the Represented Political Parties Fund with R75.6m

Retail & Consumer

AB InBev to keep its name after SABMiller takeover

WELCOME:  AB Inbev CEO Carlos Brito Picture: REUTERS/ERIC VIDAL
8 hour(s) ago

The brewer is one step closer to sealing the deal, and is awaiting the outcome of the SABMiller and Newbelco shareholders’ votes

Industrials

ArcelorMittal SA reveals the terms of its long-awaited empowerment deal

BEE certificates will be regulated more strictly, as Sanas is now the sole regulator of verification agencies.  Picture: ISTOCK
10 hour(s) ago

The steel maker’s empowerment partner and its employees will hold just over 22% of the company, with a lock-in period of 10 years

Property

Equites expects ‘tremendous distribution growth’

Picture: ISTOCK
9 hour(s) ago

The property fund says it competes with much bigger companies, including Fortress Income Fund, in the industrial market

Middle East

Shimon Peres, Israeli Statesman and Nobel peace laureate, dies at 93

Israeli President and veteran statesman Shimon Peres in his Jerusalem residence.  File Picture: EPA/JIM HOLLANDER
12 hour(s) ago

In later life he was viewed as a dove, but in Israel’s early decades Peres was a hawkish figure in the ruling Labor party

Retail & Consumer

Steinhoff to raise up to €2.4bn to fund acquisition spree

A Poundland store in London, Britain. Picture: REUTERS
9 hour(s) ago

It will raise at least €1.89bn as it issues new shares to fund the purchase of Poundland in the UK and Mattress Firm in the US

Markets

JSE opens firmer as Deutsche Bank concerns abate

Picture: MICHAEL ETTERSHANK
8 hour(s) ago

Nedbank Corporate and Investment Banking analysts say positive sentiment from the US has benefited the local bourse

Middle East

Saudi Arabia cuts back gravy to get finances under control

Picture: THINKSTOCK
12 hour(s) ago

The IMF recommended that Saudi Arabia control its growing wage bill and make changes to subsidies for fuel and electricity

National

Public Service’s draft three-language plan sparks concern for other tongues

Picture: THINKSTOCK
1 hour(s) ago

There are fears that a Department of Public Service and Administration plan to stick to three languages will leave other languages out in the cold

View more

Cartoons

Business education expert Roger Martin says education that does not embrace the perspectives of others cannot teach how to use and capitalise on the diversity of thought available. Picture: YOUTUBE

Stimulating new modes of thinking

Management strategist Roger Martin explains what it takes to create innovative products that sell in an increasingly complex, connected and fast-paced world, writes Lorelle Bell

Management

Making the most of scant opportunities

RESOLUTE: Entrepreneur Ludwick Marishane is the inventor of DryBath soap powder. Picture: TSHEPO KEKANA.
13 hour(s) ago

For entrepreneurs with a good value proposition there is never a bad time to start a business, writes Stephen Timm

Management

European schools thrive as MBA popularity slips

Picture: THINKSTOCK
13 hour(s) ago

Europe offers cheaper MBAs with fewer restrictions that allow students to keep their day jobs, writes Jonathan Moules

Opinion

BEE MATTERS: Some ways to fund fees without gaps or taxes

University of Cape Town academics and health faculty students demonstrate outside Parliament last week. The government cannot promise to freeze university fees when it does not have the money. Picture: SUNDAY TIMES

The government pleads poverty amid fees protests but it sends troops to DRC and Sudan and helps human rights violators such as Swaziland and Zimbabwe

CRUNCH: The Boks will look to Willem Alberts to run at the Wallabies. Picture: REUTERS

Boks aim at forward power

Proudfoot promises return to aggression in Test against Wallabies

Rugby

Talented De Allende seeks lost form

OFF FORM:  Damian de Allende has looked overweight and out of breath since his time in Japan, where he suffered a serious ankle injury. Picture: GALLO IMAGES
14 hour(s) ago

Injury-hit stint in Japan hurt Damian de Allende’s Bok career

Soccer

Walcott revival boosts Arsenal

BACK: Theo Walcott celebrates scoring Arsenal’s second goal against Chelsea at the weekend. After following a strict off-season regime, Walcott looks to have resurrected his career. Picture: REUTERS
14 hour(s) ago

Theo Walcott reached a crossroads at the end of last season, and his emphatic response looks to have saved a career in danger of imploding

Rugby

Teenage star axed after outcry

Picture: THINKSTOCK
14 hour(s) ago

New Zealand rugby officials terminate the contract of a teenage star who viciously assaulted four people including two women

Cricket

Time for Proteas passengers to stand up

VITAL: JP Duminy carried the water in a warm-up match before the first Test … on Saturday he will likely carry his bat. Picture: GALLO IMAGES/PUNIT PARANJPE
14 hour(s) ago

Amla is the only batsman who scored a century — 110 against the Windies in St Kitts

Other Sport

Khawaja clobbers Irish

Australia's Usman Khawaja in action. Picture: REUTERS/DAVID GRAY
14 hour(s) ago

The Australians bowled well as a unit and the pressure told on Ireland

Soccer

Pirates and Stars play to delightful draw

Soccer ball. Picture: THINKSTOCK
14 hour(s) ago

In the 76th minute, the dam wall broke, thanks to substitute Kutumela

Soccer

Big Sam lands in big trouble

Sam Allardyce. Picture: AFP PHOTO/OLI SCARFF
14 hour(s) ago

Allardyce’s blunt manner has created its fair share of newsprint in his fledgling England tenure

Other Sport

Captain Clarke hails McIlroy

Rory McIlroy. Picture: KYLE TERADA
14 hour(s) ago

McIlroy vaulted into the play-off with a barnstorming finish to his final round

Markets

Gold down on firmer dollar after Yellen remarks

Picture: ISTOCK
28 minute(s) ago

Fed considering changing annual stress tests it gives to US banks to see if they can withstand massive financial crisis, says Yellen

Markets

Futures track JSE and global markets firmer

Picture: REUTERS
28 minute(s) ago

A firmer JSE and global markets benefited South African futures

Standard Bank

JSE Sens

Share search

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

Former transport minister Sbu Ndebele might soon be back in SA after a stint as high commissioner to the land down under, to face fraud and corruption charges relating to an alleged R10m bribe concerning eNatis.

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Afriforum says it will press on with its attempt to retain Afrikaans as a medium of instruction at Unisa, despite a High Court ruling dismissing Afriforum’s urgent application to interdict the university.

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Springbok coach Allister Coetzee maintains the mood in the Bok camp is “positive”, despite three consecutive defeats. Now the embattled coach is denying he has asked SA Rugby to help bolster his coaching team.

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