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Picture: THINKSTOCK

Key asset manager drops state firms

1 hour(s) ago

Futuregrowth cites concerns over attack on the Treasury, threats to Gordhan, and the announcement that Zuma is to oversee state-owned enterprises

National

Gordhan defends Hawks no-show

Pravin Gordhan. Picture: AFP PHOTO/MUJAHID SAFODIEN
1 hour(s) ago

Pravin Gordhan says the law is on his side as speculation mounts of his imminent arrest after Hawks no-show

Markets

Spring sale likely on JSE on Thursday

Picture: MICHAEL ETTERSHANK
38 minute(s) ago

Wednesday’s JSE rout — sparked by clothing retailer Mr Price plummeting 16% after saying a warm winter had depressed sales — looked set to continue on the first day of spring

National

Treasury blocks Eskom’s Tegeta contract

Lungisa Fuzile. Picture: FINANCIAL MAIL
1 hour(s) ago

The Treasury blocks an bid by power utility Eskom to hand a Gupta company an R855m extension to a coal contract

Transport & Tourism

NEWS ANALYSIS: Sorry saga of SAA’s increasingly dire financial straits

Dudu Myeni. Picture: TREVOR SAMSON
1 hour(s) ago

The future of SAA as a government-owned airline increasingly in doubt as the cost of its debt explodes after years of mismanagment, writes Nicky Smith

Financial Services

Rwandan business pulls down Santam

Lizé Lambrechts. Picture: FINANCIAL MAIL
1 hour(s) ago

Short-term insurer Sanlam overhauls its Kigali-based venture, including a new CEO, after fraud hits its results

Energy

Renewable independent power producers will cost Eskom R1.2-trillion

COLD COMFORT: The cost of Eskom’s Kusile power station, outside Emalahleni in Mpumalanga, has swelled to R160bn from the R118.5bn estimated in 2013. Picture: SUNDAY TIMES
15 hour(s) ago

Meanwhile, CEO Brian Molefe denies Eskom is refusing to sign contracts with renewable independent power producers

Energy

Tegeta deals clean, says Eskom

PRACTICE: Chief financial officer Anoj Singh says Eskom’s prepayment to Gupta-connected Tegeta is not unusual. Picture: TREVOR SAMSON
1 hour(s) ago

Business as usual, Eskom CEO Brian Molefe tells MPs, as neither the tainted coal-supplier nor the Guptas have been found guilty of a crime

National

Pikitup will not be privatised, says Mashaba

CLEAN SWEEP: Municipal waste utility Pikitup will be broken up into seven parts and sold off to private businesses if new Johannesburg mayor Herman Mashaba gets his way. Picture: RUSSELL ROBERTS
10 hour(s) ago

Mayor says waste management entity will stay with City of Johannesburg despite reports to the contrary

National

ANC Youth League open to Zuma third term as party leader

President Jacob Zuma.  Pictre: GCIS
1 hour(s) ago

League president Collen Maine says he does not believe two centres of power will be created if there is a different president of the party and the country

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL

EDITORIAL: An unreserved attack

The utterances by Mineral Resources Minister Mosebenzi Zwane and the ANC’s Jessie Duarte seem to display a dangerous ignorance of the very real practical damage that their attacks on the Reserve Bank could do

Columnists

Robert Laing: For SA to switch to a modern electricity market, the national grid must be separated from Eskom

Vanishing Bill in urgent need of resuscitation

Columnists

Pretoria High protest exposes racist central premise: black hair in its natural state is untidy and in need of taming, writes Lindiwe Mazibuko

Reference to Afros as a ‘style’ is rooted in racism

National

ANC sulks over minority votes

Herman Mashaba is Johannesburg’s new mayor after the poll. Picture: SOWETAN
1 hour(s) ago

Allocation of council seats is designed to give smaller parties a voice, writes Khulekani Magubane

Retail & Consumer

RCL hatches poultry rescue

Miles Dally. Picture: LEON GROVE
1 hour(s) ago

Company has been roasted by high levels of dumped imports, writes Fifi Peters

Americas

Brazil’s kingmaker topples Dilma Rousseff and becomes king

People react after Brazil's Senate removes President Dilma Rousseff, in Sao Paulo, Brazil, on Wednesday. Picture: REUTERS/PAULO WHITAKER
8 hour(s) ago

Dilma Rousseff's running mate-turned-nemesis Michel Temer must now pull the South American giant’s economy out of recession

Retail & Consumer

Mr Price shares plummet on profit warning

Picture: MICHAEL ETTERSHANK
14 hour(s) ago

Retailer blames weaker rand and unusually warm weather at the beginning of winter for its ‘most difficult winter season in well over a decade’

Mining

Asteroids may knock the wind out of platinum producers’ sails

Picture: SUNDAY TIMES
21 minute(s) ago

The discovery of huge new accessible platinum resources on asteroids could be bad news for platinum miners

Markets

Rand weakens on US data and disappointing local trade figures

Rands. Picture: THINKSTOCK
15 hour(s) ago

US employment data come in better than expected, while local trade data for July disappoint

Picture: ISTOCK

Women are not a niche, let us stop treating them like one

Equal treatment does not mean similar treatment, but treatment that takes women’s lived reality into account, writes Carol Weaving

Mining

Anglo faces tough call over bundling or selling assets

A worker walks past a board outside Anglo American offices in Johannesburg. Picture:  REUTERS/SIPHIWE SIBEKO
23 minute(s) ago

PIC wants a single, large mining company to come from Anglo’s asset disposals to create a South African mining champion

National

Partying with public funds will end, mayor Solly Msimanga promises

REJIG:  Solly Msimanga of the DA, who is pictured being sworn in as Tshwane mayor last week on Friday, delayed the announcement of his mayoral committee after a leaked list was criticised for being too pale and male. Picture: SUPPLIED
17 hour(s) ago

Msimanga has put a stop to all inaugural parties and catered inaugural events for Tshwane’s new executive

Education

Talks about university fee hikes go on as student protests continue

Blade Nzimande. Picture: TREVOR SAMSON
13 hour(s) ago

Higher Education Minister Blade Nzimande says while seeking solutions to fund poorer students‚ the state also wants to offer better support to middle-class students

Europe

NEWS ANALYSIS: Apple Ireland ruling spells end of easy EU taxes for global companies

DECISION: European Competition commissioner Margrethe Vestager gestures during a news conference on Ireland’s tax dealings with Apple at the European Commission in Brussels, Belgium. Picture: REUTERS
1 hour(s) ago

For decades, businesses that generate significant revenue abroad flocked to Ireland, the Netherlands and Luxembourg, where they counted on amenable fiscal regimes, write Alex Webb and Adam Satariano

Retail & Consumer

Distell aims for China cider fizz

Cider bottles. Picture: REUTERS/FRANCOIS LENOIR
1 hour(s) ago

Distell’s joint venture with Haisheng Juice a strategic move to bolster its presence in China thirsty for ciders

National

Des van Rooyen says it is fine for a metro to use its own cash to promote itself

Desmond van Rooyen. Picture: Picture: BLOOMBERG/WALDO SWIEGERS
13 hour(s) ago

IFP MP Mkhuleko Hlengwa says the use of adverts by metros should be regulated to ensure they only distribute information that is ‘useful’

African News

Clashes as Gabon’s Bongo secures re-election

Tear gassed supporters of President Ali Bongo's rival Jean Ping protest in the capital, Libreville, Gabon, on Wednesday. Picture: MARCO LONGARI /AFP
12 hour(s) ago

President Ali Bongo wins by a razor thin 5,594 votes with 49.80% against 48.23% for his rival Jean Ping

Economy

Bad news as July trade surplus disappoints

Picture: SUPPLIED
17 hour(s) ago

Trade surplus recorded by SA in July comes in far lower than expected by most forecasts while June surplus revised slightly lower

Financial Services

Drought erodes Santam’s margins

Picture: SANTAM
1 hour(s) ago

Insurance analyst says Santam’s interim results are ‘a pretty good outcome’ in light of trading update

Industrials

PPC shares close marginally above rights issue price

Picture: SUPPLIED
1 hour(s) ago

Rights offer shares will be listed on JSE, and also on Zimbabwe Stock Exchange, and will rank pari passu in all respects with existing issued PPC ordinary shares

National

A low-income home now pays 20% more for a basic food basket than a year ago

Picture: THINKSTOCK
15 hour(s) ago

This has been driven largely by maize meal — as a result of the drought, a 25kg bag of maize costs R233, nearly 40% more than a year ago

National

ANC mayor Mzwandile Masina names Ekurhuleni mayoral committee

ZUMA MAN: Mzwandile Masina has been named the mayoral candidate for Ekurhuleni. Picture: PUXLEY MAKGATHO
13 hour(s) ago

The administration has set itself the goal of a 24-hour turnaround time on service delivery interruptions such as water leaks, street lights and defective traffic lights

Energy

ANC unsuccessful in bid to stop opposition questioning Eskom executives

Brian Molefe and Lynne Brown. Picture: TREVOR SAMSON
20 hour(s) ago

Parliament’s public enterprises portfolio committee allow the questions and Eskom CEO Brian Molefe says they are matters of public interest

Politics

Institute for Security Studies blames mistrust for ANC’s loss of support

Picture: ESA ALEXANDER
16 hour(s) ago

Gareth Newham says support for the ruling party has been in decline since 2004 because issues around ethical leadership have undermined voters’ trust

National

Gordhan-Hawks fight is pushing SA towards recession, says Iraj Abedian

President Jacob Zuma and Finance Minister Pravin Gordhan. Picture: SIYABULELA DUDA
21 hour(s) ago

To the global investment and finance community, it appears there is no stability or coherence when ministers attack each other, says the Pan-African Capital chairman

Science & Environment

Kruger National Park makes a small dent in rhino poaching

Picture: SUNDAY TIMES
22 hour(s) ago

The number of animals killed has fallen slightly this year, and its head ranger says poachers succeed in only two of 10 daily attempts — but the population is still vulnerable

View more

Cartoons

Coming to work sick will not get you any gold stars. Instead, it could result in your colleagues falling ill, creating many lost work hours for the company. Picture: ISTOCK

Ill workers must hit duvet, not the desk

The modern open office plan is a breeding ground for contagious illnesses

Opinion & Analysis

FITNESS FABLES: Stair climbing right up there as top form of exercise

1 hour(s) ago

Doctors, physical therapists, and personal trainers regularly recommend stair climbing as high-intensity, interval training, writes Marika Sboros

Motoring

RUMOUR HAS IT... 3D pen dream car; Citroen concept

Citroen is hinting at some future styling changes with its Cxperience concept. Picture: CITROEN
1 hour(s) ago

Team uses 3D printing to produce the Bloodhound nosecone, and Citroen unveil s the Cxperience

Health

Long-term chronic sleep deprivation likely to mean dying younger, says study

When people wake up in the middle of the night and reach for their phone, its light signals to their brains and bodies that it is time to wake up. Picture: ISTOCK
1 hour(s) ago

Research shows people who lack regular and adequate sleep are more at risk of several diseases, including obesity, heart disease and hypertension, writes Sarah Wild

Motoring

FUTURE MODELS: Land Rover discovering a hi-tech future

This almost undisguised model shows that the new Discovery stays true to the Discovery Vision concept. Picture: BRIAN WILLIAMS
1 hour(s) ago

We reveal details of the technology-laden Land Rover Discovery 5

Americas

Fitbit moves to step up digital health ambitions

Fitbit is updating its Blaze watches, above, as demand for activity trackers is expected to soar. The new Charge wristband shows incoming calls from a paired smartphone, and an app can estimate a user’s cardio fitness level. Picture: REUTERS
1 hour(s) ago

Despite reporting a 47% jump in second-quarter sales in August, Fitbit’s stock has still lost about half its value so far in 2016

Arts & Entertainment

WATCH: Creative thinking in the corporate sector

19 hour(s) ago

Exploring the ways that individuals in the corporate sector can make better use of arts-based initiatives as part of their career development

Picture: THINKSTOCK

Sundowns secure defender Ngcongca

A last-minute scramble by Premier Soccer League clubs to secure top players sees Anele Ngcongca inking a contract at Mamelodi Sundowns

Soccer

Chiefs’ warning not to lure players baffles Baxter

Stuart Baxter. Picture: GALLO IMAGES/SYDNEY SESHIBEDI
1 hour(s) ago

United coach Stuart Baxter says it’s natural to want to sign players he has worked with and trusts

Other Sport

Past champs vie for Breede title

Picture: ISTOCK
13 hour(s) ago

Last year’s winners Graeme Solomon and Stu MacLaren combine with former champs Greg Louw and Jasper Mocké in epic Breede River Canoe Marathon

Standard Bank

Share search

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.
View more

The Third Umpire

ANC deputy secretary-general Jessie Duarte has certainly nailed her colours to the mast by using the Gupta-owned ANN7 channel to opine that Finance Minister Pravin Gordhan is projecting himself as “above the law”.

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Eskom group executive Matshela Koko, who would be well advised to cover his butt lest he find himself holding the Tegeta coal parcel bomb when the music stops. And the way the fight is escalating, this game will end soon.

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Given her own history as a beneficiary of dicey empowerment deals, ANC national chairwoman Baleka Mbete is the last person who should be advising the party to rid itself of the “foreign culture” of greed.

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Calendar

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Mr Price Mr Price AGM
Mustek Mustek finals
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