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Correctional services minister S'bu Ndebele briefs portfolio committee on Tuesday. 
PICTURE: Trevor Samson/ Business Day

Sbu Ndebele recalled from top post as High Commissioner to Australia

39 minute(s) ago

This was revealed in Constitutional Court papers in the case against Tasima, which is accused of bribing Ndebele to extend its contract to run the eNaTIS system

Healthcare

Mediclinic revenue grows, but aftertax profit falls following Al Noor merger

Mediclinic International CEO Danie Meintjes. Picture: FINANCIAL MAIL
52 minute(s) ago

Mediclinic increased its number of SA hospital beds from 7,885 to 8,017 following expansion and the development of two new day in Limpopo and Durbanville

Financial Services

Reserve Bank fines Capitec and Deutsche Bank SA a combined R25m

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
1 hour(s) ago

Shortcomings were found in the banks’ systems to combat money laundering, but there was no evidence they facilitated money-laundering transactions

Companies

IDC’s restructuring of loan to Gupta-owned Oakbay was ‘political expediency’

Geoffrey Qhena. Picture: SUPPLIED
27 minute(s) ago

The DA says IDC CEO Geoffrey Qhena’s statement that there were ‘no political considerations’ associated with the restructuring of the loan, is nonsense

National

ANC names MPs selected to choose new public protector

Public Protector Thuli Madonsela presents her strategic review plan to Parliament’s justice portfolio committee on Thursday.  Picture: TREVOR SAMSON
53 minute(s) ago

They will be on a committee to make the decision with two members of the DA, one of the EFF and two from other parties

Telecoms & Technology

MTN subscriber base grows, despite Nigerian and Ugandan drops

THAT SINKING FEELING:  Executive chairman Phuthuma Nhleko at MTN’s results presentation in Johannesburg on Thursday. Picture: RUSSELL ROBERTS
36 minute(s) ago

Says it is awaiting feedback from Nigerian authorities on $5.2bn fine, but it is optimistic of a conclusion in the short term

Americas

Trump wins Washington primary, rolls toward nomination

Republican US presidential candidate Donald Trump signs autographs after a rally with supporters in Albuquerque, New Mexico on Tuesday. Picture: REUTERS
1 hour(s) ago

His likely Democratic rival former secretary of state Hillary Clinton is still engaged in the final stages of her battle against challenger Bernie Sanders

National

Joburg residents can expect 6.93% electricity hike

EFFICIENCY: The Department of Energy wants increased targets on the reduction in national energy consumption by 2030. Picture: REUTERS/SIPHIWE SIBEKO
2 hour(s) ago

This was lower than the National Energy Regulator of SA’s recommended increase of 7.61%, the City of Johannesburg said in its budget

Retail & Consumer

Taste Holdings’ full year profit tumbles

Starbucks. Picture: BLOOMBERG/CRAIG WARGA
1 hour(s) ago

The drop was because of higher costs associated with its expansion, securing exclusive Starbucks rights and opening 68 more Domino’s pizza outlets

Education

Bill giving state more say over varsities passed

Picture: STEPHANIE LLOYD/DAILY DISPATCH
5 hour(s) ago

Critics say the bill gives the state sweeping powers over universities and colleges

Independent Electoral Commission chairwoman Pansy Tlakula. Picture: THE TIMES

Tlakula has the skills and experience to lead information regulator

The information regulator will be a critical institution in advancing transparency and information rights in the country, writes Mukelani Dimba

Columnists

The ANC has deliberately created an environment in which any threat to its rule is blamed on "outside forces", writes Gareth van Onselen

The top 10 bogus ANC conspiracy theories

Columnists

Our failure to binge to lift the economy suggests a desperate need to do something different to turn around the economy, writes Xhanti Payi

Stress-eating, self-medicating nation needs rehab

Markets

Summer heat for sterling if referendum backs status quo

Pound Coin. Picture:AFP PHOTO / BEN STANSALL
1 hour(s) ago

Bookmaker odds showing ‘remain’ as the most likely outcome have lengthened on an exit even further and now show only a 20% chance of a vote to go

Americas

US queries AB InBev on distribution incentives amid merger probe

A waiter serves a glass of beer ahead of an Anheuser-Busch InBev shareholders meeting in Brussels in this April 30 2014 file photo.  Picture: REUTERS
1 hour(s) ago

Sources say AB InBev is encouraging independent distributors to sell more of its beer brands at the expense of competing craft brews

Retail & Consumer

Lewis full-year profit drops on weak spending and tougher regulations

Lewis Stores. Picture: FREDDY MAVUNDA/FINANCIAL MAIL
2 hour(s) ago

The furniture retailer, hit by reckless lending accusations last year, found more stringent lending laws were a major challenge for lower income consumers

Politics

NEWS ANALYSIS: Mchunu exit set to deepen KwaZulu-Natal divisions

OUT OF FAVOUR:  Senzo Mchunu stepped down as KwaZulu-Natal premier on Tuesday after the ANC ordered him to resign. His removal has strengthened President Jacob Zuma’s position in the province. Picture: SUNDAY TIMES
5 hour(s) ago

The ‘Premier League’ has cemented its support in KwaZulu-Natal, leaving the left in the province fearful of a purge, writes Natasha Marrian

Financial Services

IDC says lower interest rate on Gupta loan not political issue

EXPLANATION: Industrial Development Corporation CEO Geoffrey Qhena says the loan to Oakbay was on commercial terms. Picture: PUXLEY MAKGATHO
5 hour(s) ago

CEO Geoffrey Qhena says the Oakbay loan restructuring went ahead as its risk profile changed dramatically

Telecoms & Technology

MTN needs new management to secure future

MTN acting CEO Phuthuma Nhleko. Picture: MARTIN RHODES
5 hour(s) ago

Shareholders are calling for leadership with a different approach, write Loni Prinsloo and John Bowker

Picture: THINKSTOCK

Africa does not have just one tale to tell

Africa presents a paradox of risk and opportunity; of weak infrastructure coupled with bounding innovation, writes Morne Mostert

Americas

Brazil president slams ‘psychological aggression’

Brazilian President Dilma Rousseff and acting-President Michel Temer. Picture: REUTERS
1 hour(s) ago

He is seeking to cement his authority in the face of multiple challenges on both the economic and political fronts

Healthcare

Ascendis’s new ‘make or break’ acquisitions hailed as transformative

Picture: THINKSTOCK
5 hour(s) ago

Healthcare conglomerate Ascendis brings under its wing generic drug maker Remedica Holdings and sports nutrition company Scitec International

Retail & Consumer

Payout to Tsogo Sun shareholders up 12% per share

THRILL RIDE: The Anaconda roller-coaster at Gold Reef City in Johannesburg. Picture: SOWETAN
2 hour(s) ago

While gambling income at Gold Reef City slowed because of refurbishment and expansion, coastal casinos showed strong growth

National

Report on Tongaat Mall heads for prosecutors

A view of the mall under construction that collapsed in Tongaat, KwaZulu-Natal, last week. Picture: REUTERS
5 hour(s) ago

The commission into the collapse of the Tongaat Mall finds noncompliance in the supervision of construction, failure to get approval for plans and the use of defective materials

Financial Services

More oversight after African Bank saga

REDEEMED:  African Bank’s central Johannesburg branch. The Reserve Bank provided financial support for the creation of a ‘good’ bank out of the collapse of African Bank, with operations starting in April. Picture: FREDDY MAVUNDA
5 hour(s) ago

The Reserve Bank plans to tighten its supervision of appointments of bank executives and board members

Asia-Pacific

Japan on high alert for G-7 summit

Canadan Prime Minister Justin Trudeau (left) and his wife, Sophie Gregoire-Trudeau, visit the Meiji Shrine ahead of the Ise-Shima G-7 summit this week. Picture: REUTERS/ISSEI KATO
5 hour(s) ago

An unprecedented 70,000 police have been deployed ahead of this year’s Group of Seven summit as thousands more head to Hiroshima for Barack Obama’s historic visit

Europe

IMF urges wider French job reforms despite latest unpopular changes

Cars queue to get petrol in Saint-Sebastien-sur-Loire near Nantes, France, on Tuesday, after delivery trucks  joined a strike over changes to the country's labour laws. Picture: REUTERS/STEPHANE MAHE
5 hour(s) ago

The IMF’s warning comes as President Francois Hollande’s government squares off with unions striking across the country over plans to make hiring and firing easier

African News

Kenya’s central bank expects GDP growth rise

Picture: THINKSTOCK
5 hour(s) ago

The central bank expects stronger growth after the African state’s agricultural sector improves and on better prospects for its neighbours

Industrials

Toyota ramps up Durban capacity

Trade and Industry Minister Rob Davies and President Jacob Zuma attend the launch of the new Toyota Hilux and Fortuner models in Durban. Picture: GCIS
5 hour(s) ago

Car maker ploughs R6.1bn into boosting Hilux and Fortuner output

Europe

Greece in debt relief breakthrough with eurozone, IMF

A Greek flag. Picture: REUTERS
1 hour(s) ago

Greece urgently needs bailout money to repay European Central Bank and IMF loans and has fallen behind in paying for everyday government duties and wages

National

SACP eyes legal route in fight with Hawks head

CLAIM:  The SACP says Hawks head Berning Ntlemeza is harassing the party. Picture: TREVOR SAMSON
5 hour(s) ago

South African Communist Party takes press its allegation Hawks head is part of a plot to target the party

Property

Pivotal Fund’s rental income jumps 57%

Picture: THINKSTOCK
2 hour(s) ago

Pivotal is involved in the redevelopment of Rosebank’s Galleria mall, and the development of Kyalami shopping centre

Financial Services

First leg of Old Mutual's managed separation nears

Old Mutual. Picture: BLOOMBERG/SIMON DAWSON
5 hour(s) ago

Africa’s largest insurer confirms it is talks with parties wanting a slice of its listed US-based fund management unit Old Mutual Asset Management

Financial Services

Ombudsman data show Liberty complaints mount up

Picture: THINKSTOCK
5 hour(s) ago

Liberty received 533 complaints, of which 35% found in favour of complainants, compared with 30% for industry as whole, ombudsman report shows

Retail & Consumer

Tiger Brands warns of lower consumption

HEADWINDS:  Tiger Brands CEO Lawrence MacDougall, left, and chief financial officer Funke Ighodaro, right, at the company’s interim results presentation at the JSE in Sandton on Tuesday. Picture: FREDDY MAVUNDA
5 hour(s) ago

The company predicts dire drought-induced inflation will force people to eat smaller portions of staple foods

Transport & Tourism

Hoteliers upbeat on revival of SA tourism

Tourism Minister Derek Hanekom. Picture: SOWETAN
5 hour(s) ago

South Africa's tourism minister says most of the challenges that led to the sector contracting in 2015 are largely gone

View more

Cartoons

Sihle Magubane is the founder and owner of coffee company, Sihle’s Brew. It is SA’s first individually black-owned coffee brand. Picture: SUPPLIED

Passion filters into local coffee brand

Sihle Magubane decided to make his own opportunities, and now shows other young people how, writes Nce Mkhize

Arts & Entertainment

SA wins 34th gold medal at Chelsea Flower Show

Part of the Kirstenbosch National Botanical Garden exhibition at this year’s Chelsea Flower Show, run by the UK’s Royal Horticultural Society. Picture: KIRSTENBOSCH NATIONAL BOTANICAL GARDEN
14 hour(s) ago

Stunning Kogelberg showcase earns SA yet another gold medal at London’s Chelsea Flower Show

Americas

Twitter drops photos, videos from 140-character limit

Picture: REUTERS
15 hour(s) ago

The company wants to simplify its product to attract new users

Opinion

THE POINT: New student body grows entrepreneurship

Picture: THE TIMES

Nonprofit Student Business Council wants to bridge academic and practical know-how for aspiring young entrepreneurs

ON TRACK: Novak Djokovic celebrates after winning his first round match against Taiwan’s Lu Yen-Hsun in Paris on Tuesday. Picture: AFP

Djokovic cruises, Murray recovers

Serb targets first title victory at French Open

Other Sport

Rosberg aims for another streak

Mercedes Formula One driver Nico Rosberg of Germany reacts after winning the Monaco F1 Grand Prix in Monaco May 24, 2015. Picture: REUTERS/ROBERT PRATTA
6 hour(s) ago

Only triple world champion Ayrton Senna has won more than three Formula One championships in a row, but Rosberg is on the cusp of stepping up alongside late Senna

Soccer

Spotlight back on players for expanded Euros

STRIKE FORCE: Harry Kane, left, celebrates with Jamie Vardy after scoring for England in a friendly against Turkey. England will be pinning their hopes on the two strikers for a first trophy in 50 years. Picture: REUTERS/DARREN STAPLES
6 hour(s) ago

Unfamiliar qualifiers will be hoping to show their mettle at an event criticised by some as substituting quality for quantity

Soccer

Big clubs keen to sign Mncwango

Picture: THINKSTOCK
6 hour(s) ago

The Polokwane City striker has caught the eye of Gauteng club managers this season

Other Sport

Malinga ready to fight Whiteboy

Vus’umuzi Malinga. Picture: SOWETAN
6 hour(s) ago

Patrick "Hammer" Malinga, who has fought 181 rounds in 40 bouts, will welcome Capetonian Ashton Whiteboy for vacant WBA Pan African belt

Other Sport

Mamabolo vows to lead the local challenge at Comrades

Ludwick Mamabolo enters Kingsmead stadium in Durban in second place behind Bongmusa Mthembu in the 2014 Comrades Marathon. Picture: GALLO IMAGES
6 hour(s) ago

Sunday’s 91st edition will see the past four winners square up against each other

Soccer

Mbombela within reach of fantastic feat

Bednog Manyike of Mbombela United. Picture: SYDNEY MAHLANGU/BACKPAGEPIX
6 hour(s) ago

National First Division rookies Mbombela United are on course to repeat the fairy-tale story of Chippa United

Soccer

Cantona: Mourinho not right for United

DEFENSIVE: Jose Mourinho leaves his London home on Tuesday confronted by the media. Picture: REUTERS
6 hour(s) ago

Club great Eric Cantona says incoming Manchester City boss Pep Guardiola would have been a better pick

Soccer

Mosimane welcomes re-entry to Caf event

Pitso Mosimane attends the Absa Premiership Player and Coach of the month prize giving for March and April 2016 in Johannesburg on Thursday. Picture: GALLO IMAGES/SYDNEY SESHIBEDI
6 hour(s) ago

Mamelodi Sundowns coach Pitso Mosimane expresses delight after the club is reinstated to the Caf Champions League

Opinion

League’s playoffs for top flight have too few payoffs

It helps that this is an Olympic year and PSL will kickoff later than usual, but still, whoever wins the playoffs will have less time to recharge the old batteries

Standard Bank

JSE Sens

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The Third Umpire

Chief electoral officer Mosotho Moepya’s concession in the Constitutional Court that he may have “misconstrued” the IEC’s legal obligations is a far cry from his obstinacy of the past several months.

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SABC chairman Mbulaheni Maguvhe, for failing to end chief operating officer Hlaudi Motsoeneng’s employment despite a court dismissing his application for leave to appeal against a ruling setting aside his appointment

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PIC CEO Daniel Matjila. The role the state pension fund administrator is playing in compiling a consortium of black investors to buy control of Absa is far better than putting pensioners’ money on the line for political ends

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