• Thursday, April 02 2015
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Transport & Tourism

Cash-strapped Sanral concerned after yet another bond sale flops

Picture: SOWETAN
2 hour(s) ago

Roads agency raises only R270m of the R600m it needs as the latest bond auction attracts only one bidder

Energy

Joemat-Pettersson misses power deadlines

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

No word from energy minister on why latest critical deadline in commissioning process for new electricity generating capacity has been missed

Telecoms & Technology

MTN soars on peaceful Nigerian poll

Muhammadu Buhari. Picture: AFP PHOTO/PIUS UTOMI EKPEI
2 hour(s) ago

Analyst views MTN’s surge as a rerating because it was priced for a chaotic outcome, which did not happen

Middle East

Iran nuclear talks stall on details but ‘agreement within reach’

Russian Foreign Minister Sergei Lavrov. Picture: REUTERS/STRINGER
2 hour(s) ago

Six world powers and Iran meet again in bid to reach preliminary accord on reining in Tehran’s nuclear programme

National

Corruption Watch wants bid payment to CPS set aside

David Lewis. Picture: MARTIN RHODES
2 hour(s) ago

Corruption Watch is seeking a court order to set aside a R317m payment by Sassa to social grants administrator

Transport & Tourism

Budget airlines send prices plummeting

Picture: THINKSTOCK
2 hour(s) ago

Two low-cost airlines, FlySafair and Skywise, have helped reduce ticket prices on routes, with only four flights destinations seeing price rises

African Business

Boost for beer as Ethiopia opens economy

A customer drinks beer at the St George brewery’s public pub in Ethiopia’s capital, Addis Ababa, this week. The arrival of international brewers is helping to transform Ethiopia’s business landscape. Picture: REUTERS
2 hour(s) ago

Entry of drinks firms helping to transform business landscape but government keeps foreigners away from telecoms, banks

University of Cape Town vice-chancellor Max Price interacts with students outside his office last month. The protest against the presence of a statue of Cecil John Rhodes has created a new energy that may propel action in areas such as socially responsible investment. Picture: GALLO IMAGES/THE TIMES/ESA ALEXANDER

A victory that erodes complacency

The removal of Rhodes’s statue may spur a welcome revival in activism, writes Dave Marrs

Columnists

Give me six lever-arch files of paper any day over a public relations practitioner who assumes I am stupid, writes Franny Rabkin

Sanral judgment lightens the load

Columnists

Regulations have made it more difficult for some tourists to visit SA but are not the sole cause of the decrease in tourist numbers, writes Bronwyn ...

Visa rules are not beyond reason

National

Mbeki waiting for conspiracy report

Thabo Mbeki, president at the time, and Jacob Zuma at the ANC policy conference in Midrand in 2007. Picture: MARTIN RHODES
2 hour(s) ago

Former president awaits access to Willie Hofmeyr’s political conspiracy affidavit before taking action

Labour

Craven also quits, but Vavi refuses to burn his bridges

Expelled Cosatu general secretary Zwelinzima Vavi speaks during a media briefing in Sandton on Wednesday. Picture: THE TIMES
2 hour(s) ago

Vavi leaves the door open for a fight-back campaign while testing the level of support he commands

African News

Gunmen kill two guards at Kenyan university

Picture: THINKSTOCK
1 minute(s) ago

Masked attackers storm college campus in northeastern Kenya, setting off explosions, exchanging gunfire with security forces, may have taken hostages

Retail & Consumer

Well-run local retailers catch investors’ eye

Picture: THINKSTOCK
2 hour(s) ago

SA is seen as a better investment destination than emerging-market countries such as Russia, Brazil and Greece

Picture: THINKSTOCK

City needs billboards with a conscience

Sao Paulo has been without billboards since 2006 when the mayor introduced the Clean City Law and within a year 15,000 were dismantled, writes Suhana Gordhan

Financial Services

Strict banks hold back consumer car demand

Picture: THINKSTOCK
12 hour(s) ago

Lenders turn down more than half of record numbers of vehicle finance applications, exacerbating decline in new car sales.

Americas

Cadillac seeks status as a sexy global brand

Cadillac President Johan de Nysschen introduces the new CT6 at the New York International Auto Show at the Javits Center on April 1 New York City. Picture: KEVIN HAGEN/GETTY IMAGES/AFP
29 minute(s) ago

SA-born executive wants the marque to challenge European luxury rivals, writes David Welch

Industrials

Richards Bay zone has R2bn industrial projects in the pipeline

Picture: THINKSTOCK
2 hour(s) ago

Biomass electricity plant and paint manufacturing factory in IDZ are projected to create about 1,600 indirect and direct jobs

African News

Statesmanlike Buhari targets terrorism

Muhammadu Buhari. Picture: AFP PHOTO/PIUS UTOMI EKPEI
2 hour(s) ago

Nigeria’s president-elect vows tough action against Boko Haram, pledges reconciliation and inclusive government

National

Debt move ‘will hit poor’

Salga CEO Xolile George. Picture: THE TIMES
2 hour(s) ago

Salga CEO warns Treasury’s plan to withhold funds from indebted municipalities will hurt the poor most

Labour

Wage talks impasse goes back to grass roots

Bereng Soke.  Picture: PUXLEY MAKGATHO
2 hour(s) ago

Previous three-year wage agreement covering about 1.3-million public servants expired on Wednesday

Financial Services

Nedbank CEO’s remuneration package tops R35m

Mike Brown. Picture:MARTIN RHODES
2 hour(s) ago

Nedbank increased CEO Mike Brown’s pay 7.7% to R35.05m last year, its annual report shows

Europe

Business bosses declare support for Tories

 David Cameron. Picture: AFP PHOTO/LEON NEAL
2 hour(s) ago

More than 100 British company bosses publicly back Prime Minister David Cameron’s Conservative-led government

Financial Services

Ramos’s pay drops in line with UK regulations

Maria Ramos. Picture: MARTIN RHODES
2 hour(s) ago

CEO at Barclays Africa, which is controlled by London-based Barclays, sees 0.3% dip in pay

Transport & Tourism

Sanral chief says Cape tariffs ‘not set’

Nazir Alli. Picture: ROBERT TSHABALALA/FINANCIAL MAIL
2 hour(s) ago

CEO dismisses claim that preferred bidder — the Protea Parkway Consortium — would make estimated profits of R48bn over the concession period of 30 years

Financial Services

Cash flow critical as Ecsponent expands

Picture: THINKSTOCK
2 hour(s) ago

Small investment firm funding its growth by regularly placing small tranches of high-yielding preference shares reports strong growth off a low base for the year to end-December

World

Cash-flush drug companies splash $100bn on mergers

ACQUISITION:  A screen displays the share price for pharmaceutical maker AbbVie on the floor of the New York Stock Exchange in July last year. Picture: REUTERS
1 hour(s) ago

After a quiet 2014, deals in the sector have more than doubled in the first quarter, write Manuel Baigorri and Elizabeth Fournier in London

Economy

Manufacturing sector growth drags as load shedding bites

factory manufacturing XXX Picture: THINKSTOCK
2 hour(s) ago

Kagiso purchasing managers’ index suggests the sector’s contribution to economic growth will be modest, a worrying trend for the government, which wants a growth rate of more than 5% to create jobs

Transport & Tourism

Prasa aims to raise R1bn a year from property portfolio

Lucky Montana. Picture: MARTIN RHODES
12 hour(s) ago

Revenue generated will help subsidise cost of train tickets, says Passenger Rail Agency of South Africa

National

Tender flaws in spotlight at first open sitting

Barbara Creecy. Picture: PUXLEY MAKGATHO
2 hour(s) ago

Gauteng government’s first open tender hearings get off to a tense start

Americas

US private-sector jobs growth sputters
in March

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
15 hour(s) ago

Job growth in the US private sector sputtered in March, to below the 200,000 level for the first time in more than a year, payrolls firm ADP says

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Cartoons

Psychologists won the day in the race among scientists to find a cure for stuttering. Their finding that the condition is an effect of an anxiety attack has been widely accepted and has led to treatment becoming more specific to a psychological, rather than a physical, problem. Picture: THINKSTOCK

Progress in finding a lasting cure for ‘faltering lips’ stutters along

Most stutterers believe their chances of being employed are reduced

Motoring

ROAD SAFETY: Safety in the numbers

Volvo continues to conduct crash tests at its state of the art crash test centre.  Picture: MARK SMYTH
2 hour(s) ago

Mark Smyth visited the Volvo Safety Centre in Sweden where their watchword is also a passion

Health

Without a foot to stand on ... no health

Picture: THINKSTOCK
1 hour(s) ago

Feet are the foundation for fitness and health, writes Dorene Internicola

National

VIDEO: Rand Show 2015 promises science and tech bonanza

14 hour(s) ago

We find out how the Rand Show has re-invented itself with more technology than ever before

Motoring

LAUNCH NEWS: Update banishes the bugbears

Ford has given the new Focus more of a Fusion look.   Picture: QUICKPIC
2 hour(s) ago

Ford has given its Focus a new lease on life

Health

‘Nightmare bugs’ fought with skills from Ebola

US President Barack Obama holds up a copy of a new US national action plan for combating antibiotic-resistant bacteria as he delivers remarks to reporters before meeting members of the president’s council of advisers on science and technology at the White House in Washington last Friday.  Picture: REUTERS
1 hour(s) ago

Antibiotic resistance halved in new US effort, as states curb the overuse of antibiotics administered to humans and animals, write Julie Steenhuysen and Sharon Begley

Health

Easy as being tickled by a robot

Doctors perform a single-site robotic-assisted hysterectomy on a woman at miVIP Surgery Center in Los Angeles, California, last year. Many patients prefer robotic surgery as it is less invasive and painful. Picture: REUTERS
1 hour(s) ago

Google and Johnson & Johnson aim for cutting edge of healthcare with robotic surgeons

Health

Biggest water cart indaba since Second World War

Picture: THINKSTOCK
1 hour(s) ago

About 40 speakers are billed to share their experiences about coping with alcoholism, and achieving — and holding onto — sobriety

Motoring

VIDEO: Driving the Ferrari 458

14 hour(s) ago

We find out a little bit about the Ferrari 458 Italia from Business Day Motor News editor Mark Smyth, then we go for a ride with Ferrari enthusiast Adam Blow

Aljie Schut of Sundowns, left, and Koffi Kouana of TP Mazembe during a CAF Champions League match at Loftus Stadium in Pretoria last month. Picture: LEFTY SHIVAMBU/GALLO IMAGES

Downs lead over Mazembe ‘big enough’

Alje Schut upbeat ahead of clash in CAF Champions League

Rugby

No Carter, but Sharks expect tough battle

Fred Zeilinga of the Sharks during The Sharks training session at Growthpoint Kings Park in Durban. Picture: GALLO IMAGES
1 hour(s) ago

Star flyhalf Dan Carter will miss the game due to his wife giving birth, but the Crusaders have found ways of surviving without him

Rugby

Coach Ludeke to keep Hougaard at wing

Francois Hougaard. Picture: LUKE WALKER, GALLO IMAGES
2 hour(s) ago

Nippy and diminutive Francois Hougaard has stood out with impressive back-to-back performances either on the left or right wing for the Bulls

Soccer

Supporters will keep a close eye on the referee

Picture: THINKSTOCK
1 hour(s) ago

Ethiopian referee has been appointed to take charge of the Brazilians’ crunch African Champions League tie against TP Mazembe Englebert

Other Sport

Injured Vercingetorix returns for breeding

Picture: THINKSTOCK
1 hour(s) ago

Champion racehorse with unbeaten record in SA returns home for stud duties at Maine Chance Farm

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The Third Umpire

Former NPA deputy national director Willie Hofmeyr, whose attempt at a detailed justification for the decision to drop corruption charges against President Jacob Zuma still does not hold water. How arrogant can you get?

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Mineral Resources Minister Ngoako Ramatlhodi. Referring the “once empowered, always empowered” BEE principle to the courts is a shrewd means of avoiding the political fallout from an unpopular but necessary approach.

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The people of Nigeria, for having the gumption to rid themselves of an ineffective president. The onus is now on Muhammadu Buhari to prove himself worthy of the weighty responsibility that has been conferred on him.

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