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MTN. Picture: BLOOMBERG/NADINE HUTTON

MTN expects lower first-half earnings, shares drop

1 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

Energy

Now chair quits embattled PetroSA

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

State oil company PetroSA's board now lacks quorum following suspension of executive directors

Education

Advtech shareholders to take on board

Advtech CEO Frank Thompson. Picture: ROBERT TSHABALALA
5 hour(s) ago

AGM may provide clues as to whether an unsolicited R6bn takeover attempt by larger rival Curro Holdings stands a chance

Economy

Job losses are a social threat, says Mantashe

Gwede Mantashe. Picture: PUXLEY MAKGATHO
5 hour(s) ago

The private sector will only realise the dangers of high unemployment when disruptions begin, warns ANC secretary-general Gwede Mantashe

Industrials

Bulk property deal boosts AECI

AECI CEO Mark Dytor. Picture: MARTIN RHODES
1 hour(s) ago

Explosives and chemicals company says it delivered ‘creditable results’ in challenging local, international environment

Europe

Alstom shells out again to keep GE deal on track

Picture: AFP
13 minute(s) ago

French engineering company to accept less than previously agreed for power turbines unit from General Electric as way to win antitrust clearance in Europe

Science & Environment

Poacher-hunting dog serves on frontline of SA rhino battle in Kruger

Picture: THINKSTOCK
2 hour(s) ago

In first half of this year, Killer has helped rangers to arrest more than 15 poachers in Kruger National Park as authorities try to keep rhino safe

Americas

Airbnb announces plans for accelerated SA growth

Picture: THINKSTOCK
2 hour(s) ago

Online accommodation booking platform Airbnb announces plans to accelerate growth in South Africa, which it says is its largest African market

Emergency services staff give a demonstration of how to fight fire from the ‘fire pool’ on Sunday. Picture: DEPARTMENT OF COMMUNICATIONS

EDITORIAL: Nkandla stage show

Presidency has essentially conceded the Nkandla ‘security upgrade’ was massively corrupt

Columnists

FSB’s move has created many more opportunities than expected, but black capital has not aggressively taken advantage of them, writes Phakamisa ...

Black capital must reclaim past

Columnists

This industry moves so fast that any legislation will be comically out of date by the time they get round to passing it, writes Alexander Parker

Car companies will autocorrect their tech troubles

Labour

Union demands transport minister’s resignation

Minister of Transport Dipuo Peters. Picture: TREVOR SAMSON
1 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

Industrials

Mondi expects increase in first-half profit

Picture: THINKSTOCK
1 hour(s) ago

Analyst says ranges paper company provided suggest better than expected earnings, probably driven by capital investment programme

Americas

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

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
1 hour(s) ago

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

Industrials

Group Five joins battered firms list

Picture: THINKSTOCK
5 hour(s) ago

Construction company expects a fall of up to 53% in fully diluted headline earnings per share for the year ended June

German Finance Minister Wolfgang Schauble comments at the end of a European Union meeting in Brussels this week. Picture: AFP PHOTO/THIERRY CHARLIER

The skew make-believe world of eurozone rules

At a deeper level, the disagreement is not about the law, but about politics and economics, writes Wolfgang Münchau

Americas

Offshore wind power gets foothold in US

Wind farm. Picture: REUTERS/FABRIZIO BENSCH
1 hour(s) ago

Rhode Island’s Deepwater Wind begins installing foundations for North America’s first offshore wind farm

Americas

Brazil’s biggest party sticks with unpopular Rousseff — for now

Dilma Rousseff. Picture: AFP PHOTO/EVARISTO SA
1 hour(s) ago

Brazilian president Dilma Rousseff struggling to save her presidency amid worst economic downturn in 25 years and political crisis sparked by massive kickback scandal

African News

Burundi presidential vote not credible, say UN observers

Burundi election line. Picture: AFP / PHIL MOORE
3 hour(s) ago

United Nations observer mission says presidential elections in Burundi last week relatively peaceful but not ‘inclusive free and credible’ vote

African News

Obama urges Ethiopia to open up

Ethiopian Prime Minister Hailemariam Desalegn greets US President Barack Obama as he arrives at the National Palace in Addis Ababa on Monday. Picture: REUTERS /TIKSA NEGERI
5 hour(s) ago

US president says allowing more freedoms will strengthen Ethiopia, once a famine-stricken country which has lifted millions out of poverty

Financial Services

Bids to tighten legal privilege in tax dealings

Rows of taxpayers  wait to be assisted with their income tax returns at the SARS office in Port Elizabeth. Picture: THE HERALD/FREDLIN ADRIAAN
6 hour(s) ago

Treasury and the South African Revenue Service challenge validity of legal privilege to withhold documents

Retail & Consumer

Dunkin’ Brands coming to SA

Picture: THE NEW YORK TIMES/OZIER MUHAMMAD
5 hour(s) ago

Speciality ice-cream franchisor wants to open 50 Baskin-Robbins outlets in SA over the next five years

Industrials

Imports spur plunge in Hulamin profits

Aluminium coils. Picture: BLOOMBERG
5 hour(s) ago

Hulamin reports dramatic fall in operating profit amid rising competition in domestic and foreign aluminium markets

Telecoms & Technology

Vodacom finance chief moves on

Picture: THINKSTOCK
5 hour(s) ago

Financial executive and replacement have worked alongside one another for more than 18 months to prepare for the role, says insider

Americas

Hillary Clinton pledges to be America’s renewable energy president

Hilary Clinton. Picture: AFP/JEWEL SAMAD
1 hour(s) ago

Ms Clinton lays out ambitious plans to invest in solar, other renewable energy if elected president, drawing contrast with fossil-fuel-loving Republican rivals

Europe

BP falls into second quarter loss on oil spill charge, price slump

PR NIGHTMARE: Smoke billows from controlled oil burns near the site of the BP  oil spill in the Gulf of Mexico in 2010.   Picture: BLOOMBERG/DERICK E HINGLE
1 hour(s) ago

BP says it sank into red in second quarter, after taking vast $10.8bn hit on costs linked to deadly 2010 Gulf of Mexico oil spill as well as knock from oil price slump

Industrials

Bidders line up for distressed Evraz

Steel coils.  Picture: BLOOMBERG
5 hour(s) ago

Bidders stump up $10m by deadline, but no details emerge of the preferred candidates for SA’s second largest steel maker

National

Phiyega set to resist the push

National police commissioner Riah Phiyega. Picture: TREVOR SAMSON
5 hour(s) ago

Institute for Security Studies expert says National Commissioner Riah Phiyega’s responses show she lacks understanding of the gravity of the accusations against her

Labour

Samwu concerned that municipal strike will hurt ANC at polls

South African Municipal Workers Union members march towards City Hall in Nelson Mandela Bay municipality.  Picture: THE HERALD/MIKE HOLMES
6 hour(s) ago

Workers and union leadership at odds as pressure builds to sign a deal

Healthcare

Medical aids urged to fight for new law

Humphrey Zokufa. Picture: TREVOR SAMSON
5 hour(s) ago

New law a fiercely contested piece of legislation governing the extent to which medical schemes must cover their members’ bills

Industrials

NEWS ANALYSIS: Ideology hampers recovery of a sector on its knees

Economic Development Minister Ebrahim Patel. Picture: TREVOR SAMSON
6 hour(s) ago

State’s desire to use metals production and beneficiation to ‘re-industrialise’ the country is paralysed by contradiction, writes Mark Allix

Labour

Union suspicion over gold sector wage offer

Picture: THINKSTOCK
5 hour(s) ago

Village’s deal with unions will, in principle, increase the basic salary for categories 4-8 workers by R1,000

View more

Cartoons

Picture: THINKSTOCK

Seven ways to reinvigorate your job

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
6 hour(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
6 hour(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
6 hour(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

Gadgets & Gear

Google gives up on Google+ as a Facebook rival

2 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
2 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
6 hour(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
6 hour(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
6 hour(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
6 hour(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
6 hour(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
6 hour(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
6 hour(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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