• Tuesday, September 01 2015
  • JSE Sens

Economy

Barclays PMI declines in August

Manufacturing. Picture: BLOOMBERG/MARTIN LEISSL
2 hour(s) ago

Barclays purchasing managers index shows activity in manufacturing sector fell in August, managers feel less optimistic about conditions in coming months

Energy

Gas could mitigate SA’s electricity crisis, report says

Russia gas. Picture: BLOOMBERG
11 minute(s) ago

Natural gas power generation should be prioritised to help tackle SA’s energy crisis, which has hobbled growth, led to rolling black-outs, McKinsey & Company report says

Industrials

ArcelorMittal SA steel mills to close as industry crisis bites

ArcelorMittal SA's Vanderbijlpark plant. Picture: FINANCIAL MAIL
6 hour(s) ago

ArcelorMittal SA latest to mull job cuts and review operations

Business

Brian Joffe slams BEE for ‘not working’

Bidvest CEO Brian Joffe. Picture: MARTIN RHODES
6 hour(s) ago

Bidvest chief executive Brian Joffe says SA needs more black entrepreneurs and fewer people on government grants

Retail & Consumer

Cashbuild benefits from reining in operating costs

A Cashbuild outlet in Rustenburg, North West. Picture: MARTIN RHODES
3 hour(s) ago

Analyst says investing in building materials retailer makes sense because it competes in space it knows better than any of its competitors

Labour

Irvin Jim decries state incoherence

Numsa general secretary Irvin Jim says the government’s lack of a plan to save the struggling economy is leading to job cuts in the steel-making sector, where ArcelorMittal is to retrench workers. Picture: GALLO IMAGES/LEON SADIKI
6 hour(s) ago

Numsa head blasts state for lack of coherent economic agenda as ArcelorMittal launches retrenchments process

Education

Financial pressure biggest challenge for students

Picture: THINKSTOCK
3 hour(s) ago

Survey, conducted by Stanley Hutcheson & Associates in Midrand, finds that on average students are spending 52% of their monthly earnings on transport alone

 Picture: THINKSTOCK

Can business commit to be part of solution rather than partner in graft?

Eurocentric self-righteous criticism forgets that corrupt practice by definition requires a corruptor and a beneficiary, writes Simon Mantell

Columnists

A meeting takes place in Johannesburg on Tuesday that will shape the future of the domestic game in SA, writes Neil Manthorp

To remain healthy, SA cricket will need heart transplant

Columnists

Abdication of responsibility a key feature of Jacob Zuma’s presidency, writes Marvin Meintjies

Minding our business a key part of Jacob Zuma’s job

Mining

STOCKWATCH: DRDGold rallies after reporting rise in profit

DRDGold CEO Niël Pretorius. Picture: MARTIN RHODES
1 hour(s) ago

DRDGold shares find favour with investors, rising more than 10% after retreatment company announces increase in full-year profit, revenue

African News

Islamist militants attack African Union base in southern Somalia

Ammunition used by suspected al Shabaab assailants killed during an attack is displayed outside Somalia's regional government headquarters in the central city of Baidoa.  Picture: REUTERS
3 hour(s) ago

Al-Qaeda-aligned militants say one of their fighters rammed car bomb into base run by AU peacekeeping mission in Somalia, killing dozens of soldiers

Asia-Pacific

IMF sees weaker than expected global growth

Christine Lagarde. Picture: REUTERS / RUBEN SPRICH
3 hour(s) ago

International Monetary Fund MD Christine warns emerging economies to ‘be vigilant for spillovers’ from slowdown in China, tighter financial conditions

Retail & Consumer

Burger King makes further losses for Grand Parade Investments

4 hour(s) ago

Grand Parade Investments says fledgling fast food franchise made loss for second consecutive year, but this was in line with management expectations

The Cape Town International Convention Centre. Picture: REUTERS/ROGAN WARD

Cape Town powering up to be No 1 for investors

City plans to buy gas-fired and wind-generated energy, writes Bekezela Phakathi

Asia-Pacific

Chinese central bank to clamp down on forwards trading

An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China, on Wednesday. Picture: REUTERS/ALY SONG
1 hour(s) ago

Bank plans to tighten rules on trading of currency forwards from October in move to curb speculation, volatility after shock devaluation of yuan last month

Economy

‘Big Five’ growth opportunities could lift economy

Picture: THINKSTOCK
6 hour(s) ago

SA captures just 2% of the fast-growing sub-Saharan African market for construction and financial sector services

Asia-Pacific

China punishes 197 people for market ‘rumours’

China Man Group’s country chair Li Yifei was understood to be assisting police with inquiries as authorities clamped down on the spreading of rumours about the stock market. Picture: BLOOMBERG
6 hour(s) ago

Head of hedge fund manager at Man Group’s China business detained amid crackdown on reporting during recent market volatility

Retail & Consumer

Australia’s Cotton On to open 40 stores
across SA

The Cotton On store in Sandton, Johannesburg.  Picture: COTTON ON GROUP
6 hour(s) ago

Three of its highest grossing stores are based in South Africa

Education

Unisa sticks to guns over entry rules

Picture: THINKSTOCK
6 hour(s) ago

University of SA defends changes to its application and selection processes

Economy

Congenial labour environment boosts SA’s exports

Picture: THINKSTOCK
6 hour(s) ago

Positive development in exports augurs well for South Africa’s growth prospects

Americas

Walmart cuts work hours to save on costs

Souvenir T-shirts are seen for sale at the Walmart Neighborhood Market. Picture: REUTERS
6 hour(s) ago

In the midst of spending $1bn to raise employees’ wages and give them extra training, company has been cutting work hours to keep costs in check

Property

SA Corporate’s Joburg rental housing foray reaps early rewards

Picture: THINKSTOCK
6 hour(s) ago

Big earnings boost shows move into affordable rental housing market in inner-city Johannesburg paying off

Industrials

WBHO hit hard by projects in Australia

Picture: SOWETAN
6 hour(s) ago

Loss-making projects in Australia take toll on strong revenue growth at construction firm Wilson Bayly Holmes-Ovcon

Europe

UK prime minister promises tough fines for not paying minimum wage

British Prime Minister David Cameron. Picture: REUTERS
56 minute(s) ago

David Cameron says he will introduce tough fines for company bosses who fail to pay so-called ‘national living wage’, which will hit £9/hour by end of decade

Labour

Unions welcome approval of mining agreement

Ngoako Ramatlhodi.  Picture: MARTIN RHODES
6 hour(s) ago

Mining industry, unions and government sign broad plan to stem a wave of job losses from commodity price rout, labour instability and soaring costs

National

DA vows to fight ‘irrational’ ward boundaries in court

Pravin Gordhan.  Picture: RUSSELL ROBERTS
7 hour(s) ago

ANC confident legal challenge to new ward and municipal boundaries will not delay election preparation

World

Dearth of digital defences opens door to illicit access

Picture: REUTERS
6 hour(s) ago

Protection against cyber risk could cost $22-trillion by 2020, write Simon Jessop and Ross Kerber

Industrials

Europe and UK operations boost Bidvest

Brian Joffe. Picture: MARTIN RHODES
6 hour(s) ago

Bidvest’s SA business, which provides nearly half of total revenues and profits lags far behind performances of its Europe and UK operations

Education

Stellenbosch students up the ante as MPs question officials

University of Stellenbosch vice-chancellor Wim de Villiers is expected to be in Parliament on Tuesday. Picture: HETTY ZANTMAN
7 hour(s) ago

Open Stellenbosch body plans march to protest at university’s use of Afrikaans as a medium of instruction

Middle East

Investors must share benefits, says Iran

Hassan Rowhani. Picture: EPA/ABEDIN TAHERKENAREH
6 hour(s) ago

President Hassan Rouhani says foreign investors welcome only if they partner with Iranians, hire locals and transfer technology

Europe

Border chaos as EU targets traffickers

Trucks stand in a queue along a highway near the Austrian border in Hegyeshalom, Hungary, on Monday. Picture: REUTERS/HEINZ-PETER BADER
7 hour(s) ago

Traffic jams stretching back 50km along the Austro-Hungarian border as security checks search for migrants

Innovation

Israel woos Africa through novel agriculture

Prime Minister Benjamin Netanyahu says Israel’s role in areas such as drip-irrigation, water recycling and desalination can boost food security in Africa.  Picture: REUTERS/FLAVIO LO SCALZO
7 hour(s) ago

Israel showcases expertise in drip-irrigation technology with giant 'vertical field' model expected to enhance food security in Africa, writes Angus MacKinnon

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Cartoons

Picture: THE NEW YORK TIMES/TONY CENICOLA

Three ways to fend off stress

Rather than trying latest stress-release techniques, it may be more effective to understand how stress works and where it comes from

Innovation

Social media, from global village to street network

A resident on Via Fondazza in Bologna, Italy, created  a closed group on Facebook just for the people who live there. Today everyone knows one another in the street as  the group boasts 1,100 members. Picture: ISTOCK
7 hour(s) ago

South African in progressive Bologna creates successful social street exchange to bring residents closer, writes Gaia Pianigiani

Innovation

Collaborative robots set to overhaul assembly line

Being close to a robot, if you’re a human, can be dangerous and cause injury, but new-generation ‘cobots’ are designed to deal with this problem. Picture: BLOOMBERG/JAMES MACDONALD
7 hour(s) ago

Cobots, or co-operative robots with sensors and human-focused safety features, make workplace safer, writes Olivia Solon

Innovation

Will Constitutional Court make good call on ‘bad faith’ on Please Call Me case?

Nkosana Makate. Picture: SUNDAY TIMES
7 hour(s) ago

Nkosana Makate’s ‘Please Call Me’ intellectual property claim against former employer Vodacom offers valuable insights, writes Pieter Koornhof

Arts & Entertainment

George Ezra fiesta at Carnival City

Carnival City in Gauteng. Picture: SOWETAN
1 hour(s) ago

British singer gets crowd of few thousand moving at Joburg casino, was supported by Bongeziwe Mbandla, BCUC, Freshlyground

Innovation

On a smart road to freedom

For migrants, smartphone maps, global positioning apps, social media and WhatsApp have become essential tools on the long journey to a better life. Picture: REUTERS/BERNADETT SZABO
7 hour(s) ago

Technology transforms 21st-century version of a refugee crisis by making it easier for millions more people to move, writes Matthew Brunwasser

Opinion & Analysis

Reverse innovation changes the face of technology

Limpopo inventor Ludwick Marishane’s DryBath Gel will soon be on the shelves of local retailers . Picture: SOWETAN
7 hour(s) ago

Emerging markets are becoming innovation hubs and ’glocalisation’ offers worldwide platform for great products, writes Michelle Gounden

Innovation

Dial M for an easier life, Facebook tells 1.5-billion users

David Marcus. Picture: BLOOMBERG/DAVID PAUL MORRIS
7 hour(s) ago

Facebook service M takes on Apple’s Siri and Microsoft’s Cortana as virtual personal assistant, writes Hannah Kuchler

Innovation

Car apps an invite to thieves for a ride

Tesla Model S. Picture: BLOOMBERG/SIMON DAWSON
7 hour(s) ago

Car makers are planning to bring e-commerce to the dashboard, but cybercriminals pose a significant threat, writes Keith Naughton

Rudy Paige during Springboks training session at Peoples Park on August 04 2015 in Durban. Picture: GALLO IMAGES/STEVE HAAG

Rudy Paige shrugs off furore over Bok selection

Nod from Springbok coach Heyneke Meyer no surprise to him, says third-choice scrumhalf

Other Sport

SA team rider claims cycling stage victory in Spain

MTN-Qhubeka's Italian cyclist Kristian Sbaragli (right) celebrates ahead of Movistar's Spanish cyclist Jose Joaquin Rojas as he crosses the finish line to win the tenth stage of the 2015 Vuelta Espana cycling tour, a 146,6 km stage between Valencia and Castellon on August 31 2015. Picture: AFP PHOTO/ JOSE JORDAN
9 hour(s) ago

Kristian Sbaragli gives MTN-Qhubeka team their second grand tour victory by winning the tenth stage of the Tour of Spain

Other Sport

Runners eye diamonds

VICTOR: Khotso Mokoena celebrates gold in the men’s triple jump at the Commonwealth Games in Glasgow, Scotland, on Saturday. Picture: REUTERS
9 hour(s) ago

Sprinters Wayde van Niekerk and Anaso Jobodwana head to Zurich searching for diamonds

Other Sport

Nadal, Djokovic win at US Open as Williams sisters advance

Former Wimbledon champion Rafael Nadal of Spain has tumbled dramatically down the seedings list for Wimbledon, which starts on Monday. Picture: JULIAN FINNEY/GETTY IMAGES
9 hour(s) ago

Rafael Nadal moves into the second round of US Open with a four-set win against Borna Coric, avenging previous loss

Cricket

Food just part of the grief SA had in India

South African cricketer Quinton de Kock is bowled out during the first cricket Test match between Bangladesh and South Africa at the Zahur Ahmed Chowdhury Stadium in Chittagong this week. Picture: AFP PHOTO/MUNIR UZ ZAMAN
9 hour(s) ago

Numbers never tell whole story, but bare bones of SA tour to India will stick in the throat of any cricket-minded South African

Opinion

Unless SA cricket gets a heart transplant, it will suffer cardiac arrest

A meeting takes place in Johannesburg on Tuesday that will shape the future of the domestic game in SA

JSE Sens

Standard Bank

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The Third Umpire

Environmental Affairs Minister Edna Molewa. The fight against rhino poaching has no easy victories, and not everyone agrees with her methods, but it’s undeniable that she’s committed and is making some progress.

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New secretary of N ational Planning Tshediso Matona. Considering everything that’s happened since he was suspended as Eskom’s CE in March, his annus horribilis has quite quickly become an annus mirabilis.

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Agency for New Agenda president Edward Mokhoanatse. Rather than a “public duty”, his party’s bid to use the courts to stop the Springboks playing in the Rugby World Cup smacks more of a “publicity stunt”.

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