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Companies

Denel board hits back at Gordhan for publicly calling it belligerent

A G-6 howitzer tank. Denel has rejected Finance Minister Pravin Gordhan’s comments that they were 'arrogant and belligerent'. Picture: BUSINESS DAY
1 hour(s) ago

The dispute is a symptom of a bigger fight between Pravin Gordhan, tainted SOE boards and their political backers, including Jacob Zuma

Markets

Wild swings push rand above R15/$

Picture: GALLO IMAGES/FOTO24/BRENDAN CROFT
1 hour(s) ago

Rand loses 18c against the dollar as investor concerns over domestic and global economy weighs on sentiment

Retail & Consumer

Commission keeps brewers’ merger on ice

Picture: BLOOMBERG/DEAN HUTTON
1 hour(s) ago

Merging parties AB InBev and SABMiller consent to an additional five business days’ extension as incomplete ‘outstanding issues’ slow the process

Economy

Davies urges car makers to bring in black suppliers

Picture: THINKSTOCK
1 hour(s) ago

The search for black automotive suppliers is part of a broader government initiative to develop black industrialists, says trade minister

Health

Radiologists put health department right on figures

Radiologists help with the diagnosis of diseases and injuries by obtaining and interpreting  images using equipment such as CT scanners and 
X-rays. Picture: THE TIMES
1 hour(s) ago

The private sector is equipped adequately to perform modern radiology, and CT and MRI scanners are basic equipment, the RSSA says

Property

Redefine sees Polish growth opportunities

Andrew Konig. Picture: TREVOR SAMSON
1 hour(s) ago

CE Andrew Konig says Poland ticks a lot of boxes in terms of growth potential

Law & Constitution

Bid to reveal how judges are vetted in camera

Picture: THINKSTOCK
1 hour(s) ago

Judicial Service Commission says the possibility of deliberations being made public would inhibit full and frank discussion on appointments

Economy

Business conditions improve slightly but not enough

Picture: THINKSTOCK
1 hour(s) ago

Falling new business, tepid demand and rising input prices put companies under pressure, forcing job cuts

DRESSED:  Denel, maker of the Rooivalk helicopter, has returned to profit, but its new directors appear to lack real business experience. Picture: THE TIMES

NEWS ANALYSIS: Patchy business skills of new Denel board members

Carol Paton: A new set of directors has been in charge since last July, raising the question: are they fit for the job?

Columnists

Peter Bruce promo

Where digital seemed to promise a brave new world, it is behaving just like the old world, only faster, writes Peter Bruce

Value of journalism transcends digital numbers

Columnists

Rhodes, as a homosexual, saw himself a victim of society’s then structural conditions and expectations, writes Simon Lincoln Reader

Glaring omission in Rhodes Must Fall mission

Energy

Sasol shares rise as oil prices strengthen

Sasol's headquarters in Rosebank, Johannesburg. Picture: FINANCIAL MAIL
1 hour(s) ago

Stronger share price largely ignores a mixed nine-month production and sales report

Financial Services

Credit-loss outlook stings Nedbank’s share price

Nedbank CEO Mike Brown. Picture: FINANCIAL MAIL
12 hour(s) ago

Standard & Poor’s has warned that top-tier banks will face credit losses on their lending activities this year as consumers battle to stay abreast of rising interest rates

Europe

Davutoglu’s exit may stall Turkish reforms

OUTGOING: Turkish Prime Minister Ahmet Davutoglu prepares to tell the media in Ankara on Thursday that he will step down as AK Party leader later this month. Picture: REUTERS
1 hour(s) ago

Prime minister’s departure raises questions about Turkey’s ability to tackle slowing growth and pass structural reforms investors are demanding

National

MPs’ behaviour in Parliament ‘embarrassing’

National Assembly Baleka Mbete takes advice during a debate on a motion to impeach President Jacob Zuma on Tuesday in Parliament, where opposition parties called for her to be replaced by the deputy speaker.  Picture: TREVOR SAMSON
14 hour(s) ago

Zuma asks Speaker Baleka Mbete to bring the House to order ‘for the dignity of the country’, seen to be losing its reputation as an example of constitutional democracy

National

Zuma sends Mahlobo and deputy police minister to monitor volatile Vuwani

The Vuwani area in Limpopo remains shut down as public order police continue to monitor the situation. Part of the area has been enclosed with barbed wire. Picture: SANDILE NDLOVU
13 hour(s) ago

Violent unrest in Limpopo’s Vuwani area — apparently against a municipal border change — has resulted in the destruction of 17 schools

Woman works on dragon decoration in China. Our perception of China in Africa is skewed, based on fear that China will become the new imperialist power on the continent, says the writer. Picture: REUTERS/SEAN YONG

China’s embrace of harmony makes it a good African fit

The West wants to be in the driver’s seat, while the East allows things to develop, writes George Rautenbach

Europe

A lot is riding on the outcome of UK local election

Britain's Labour party candidate for London Mayor Sadiq Khan leaves a polling station in south London, the UK, on Thursday. Picture: AFP PHOTO/JUSTIN TALLIS
1 hour(s) ago

Londoners go to the polls to elect their new mayor following a bitter campaign between the two leading candidates

Americas

Court removes speaker of Brazil’s congress for blocking graft probe

President of the Chamber of Deputies of Brazil Eduardo Cunha. Picture:  REUTERS/NACHO DOCE/FILES
1 hour(s) ago

Supreme court justice suspends speaker of Brazil’s lower house of congress Eduardo Cunha

Asia-Pacific

Eyes turn to Australia as Crown sells down Macau stake

Gambling. Picture: REUTERS/ERIK DE CASTRO
1 hour(s) ago

Crown Resorts sells stake in Macau venture after two-year downturn in the world’s largest casino hub

Europe

Reckitt Benckiser’s pay report meets with dissent

Reckitt Benckiser. Picture: BLOOMBERG
1 hour(s) ago

Shareholders’ protest against £23.2m package for CEO Rakesh Kapoor is the latest sign of growing investor discontent at hefty executive compensation

Media & Advertising

Western Cape print loss figures raise red flags

newspapers media xxx Picture: THINKSTOCK
14 hour(s) ago

Amps double-checked its data after the Western Cape readership fall, and Media24 and Independent Media claimed to have found ‘inconsistencies’ in their figures

Financial Services

Dlamini says private insurers are exploiting welfare recipients

Bathabile Dlamini.  Picture: THE TIMES
12 hour(s) ago

Sanlam and Lion of Africa are going to court regarding their right to deduct funeral insurance payments directly from welfare grants made to poor children

Markets

MARKET WRAP: JSE closes fractionally higher in mixed trade

Picture: MICHAEL ETTERSHANK
12 hour(s) ago

Banks under renewed pressure as foreigners sell local banking stocks, but miners staged a recovery on firmer commodity prices

Retail & Consumer

Bidvest upbeat on unbundling of foodservice unit

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

The company says trading remains positive, with buoyant activity levels across all markets

Markets

Mining chips slip as relief rally peters out

Picture: MICHAEL ETTERSHANK
1 hour(s) ago

Trading data suggest benchmark stocks are poised for short-term weakness, says analyst

Transport & Tourism

Airports company seeks to use a wider range of suppliers

Bongani Maseko. Picture: BUSINESS DAY
1 hour(s) ago

CEO plans to break the cycle of using traditional suppliers and bring in black, women and youth-owned businesses

Telecoms & Technology

Hedge fund founder shorts MTN

An employee of mobile phone operator MTN tries to register a client with the network in the Obalende district of Lagos. Picture: AFP PHOTO/PIUS UTOMI EKPEI
1 hour(s) ago

The trader who predicted Enron’s collapse says profits to MTN shareholders could be eviscerated by about 50%

Transport & Tourism

Taxi council wants powers to act on reckless driving

Picture: SUNDAY TIMES
14 hour(s) ago

Santaco says that because it does not issue driving and operating licences‚ it cannot suspend or expel drivers or taxi owners

Media

SABC introduces production reforms to increase local content

Picture: SUNDAY TIMES
13 hour(s) ago

Some local producers feel the national broadcaster is trying to bring all productions in-house‚ to the detriment of independently produced content and transparency

National

ANC shuffles chairpeople of key
portfolio committees

A panoramic view of Parliament, at the swearing-in ceremony of new members of Parliament in the National Assembly in this file image. Picture: GCIS
15 hour(s) ago

The joint standing committee on intelligence‚ which had struggled for a year to appoint a new inspector-general of intelligence‚ will be chaired by Charles Nqakula

View more

Cartoons

Nigerian curator Okwui Enwezor has made the West aware that African art is worth exploring. Picture: THE TIMES

Contemporary African art still in favour

Although it remains niche, thanks to the internet there is greater international demand for the continent’s work, writes Sue Blaine

Management

Three tips for improving strategy through mindfulness

Picture: THINKSTOCK
20 hour(s) ago

Mindfulness meditation is being used to bring authenticity and intention to leadership, and is now also proposed as a way for organisations to craft good strategy

Travel & Food

Passion to serve drives concierge

Masood Sadulla, the head concierge at the Twelve Apostles Hotel and Spa, was named Concierge of the Year by the Red Carnation Hotels chain, of which his Cape Town hotel is a member. Picture: SUPPLIED
2 hour(s) ago

Concierge extraordinaire and Cape Town son Masood Sadulla receives the coveted ‘Golden Keys’ award, writes Eugene Yiga

Opinion

LIQUID INVESTMENTS: Single-origin or in-sourced, the proof is in the tasting

It is one of those conundrums about wine: does the site-specific, terroir-driven example trump the bottle where the wine maker has an infinite choice of fruit sources?

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

Mosimane missed Baxter in race for top spot

Pitso Mosimane a hero for supporters but the Sundowns coach laments former league winner Stuart Baxter’s flair

Rugby

Sharks to stick with game plan they know

FIGHTING FIT:  Patrick Lambie, seen here at training earlier this week, makes a welcome return for the Sharks on Saturday. Picture: STEVE HAAG/GALLO IMAGES
2 hour(s) ago

Sharks director of rugby Gary Gold wants more imagination in attack but not necessarily at the expense of their trench-warfare style

Other Sport

Hot Verstappen takes over from ‘madman’ Kvyat

Max Verstappen. Picture: REUTERS
2 hour(s) ago

Red Bull replaced Daniil Kvyat with Dutch Formula One hotshot Max Verstappen for the remainder of the season

Soccer

They put the sun into Downs

TEAM WORK: Khama Billiat, left, Hlompho Kekana and Keegan Dolly celebrate a goal against Maritzburg United in January when Sundowns started their march to the title. Picture: GALLO IMAGES/ANESH DEBIKY
1 hour(s) ago

In a crowded field of top performers, there are four key influential players this season

Soccer

Champs now only second to Chiefs

Picture: THINKSTOCK
2 hour(s) ago

Orlando Pirates are now in third place alone with nine league titles, followed in a distant fourth by SuperSport United with three

Other Sport

Spotlight on Rio as Diamond League makes return to Doha

MEDAL CHASERS: Kenya's Asbel Kiprop wins the 1,500m final at the world championships in Beijing last year with compatriot Elijah Manangoi taking silver. Picture: REUTERS/DAMIR SAGOLJ
2 hour(s) ago

A strong field of about 80 current and former Olympic medallists will be competing in Doha

Other Sport

Tete gets ready at high-altitude camp

Picture: THINKSTOCK
2 hour(s) ago

Zolani Tete is already in camp ahead of his June 4 fight against interim WBA bantamweight champion Zhanat Zhakiyanov

Standard Bank

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Nedbank Nedbank full-year 2015 annual general meeting and first-quarter trading update
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