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Business

Treasury eyes wider disposal of state assets

Treasury director-general Lungisa Fuzile. Picture: FINANCIAL MAIL
14 minute(s) ago

Director-general says government looking at disposal of noncore assets in general and bringing in private investors to strengthen the balance sheets of state-owned companies

Energy

Necsa in row over CEO’s suspension

Tina Joemat-Pettersson. Picture: FLICKR
11 minute(s) ago

Nuclear energy authority the latest state-owned company to be hit by internal strife as board and energy minister engage in tug of war over the suspension of Phumzile Tshelane

Industrials

Afrox bleeds execs amid restructuring

Brett Kimber. Picture: FINANCIAL MAIL
9 minute(s) ago

MD Brett Kimber resigned last month and finance director Nick Thomson quit on Thursday ‘to pursue opportunities outside the group’

Mining

Implats to sell Marula mine to conserve cash

Heaps of platinum ore before the refinery process. Picture: SUNDAY TIMES
21 hour(s) ago

Platinum producer puts mine up for sale, scales back on capital expenditure as it delays number of growth projects to save cash in difficult market

Economy

Economists forecast PPI will stay at record lows — for now

Picture: THINKSTOCK
6 hour(s) ago

No guarantees on inflation environment with drought threatening to reverse lower food prices and no clear date on next oil price rise

National

Opposition parties take Makhura to task for not scrapping Gauteng e-tolls

David Makhura.  Picture: SOWETAN
16 hour(s) ago

During debate on premier’s state of province speech, MPs say he missed ‘golden opportunity’ by not announcing e-tolls will be scrapped

Retail & Consumer

Spur eyes 21 new restaurants across SA, expansion in Africa

Picture: DAILY DISPATCH
17 hour(s) ago

Company says total restaurant sales are up 14.1% to R3.2bn from year earlier, but warns protracted periods of load-shedding are likely to affect restaurant turnover

Mining

Pan African Resources under pressure

Picture: ARDBEL
18 hour(s) ago

Gold and platinum mining company says lower gold output due to Evander mine extracting lower-grade ore, oil contamination of Biox plant increased costs

Picture: THINKSTOCK

Technology can turn haves and have-nots into partners

Most rich people agree with the goals of redistribution but would like to ensure that their money is well spent, and new technologies can help in this regard, writes
Lorenzo Fioramonti

Columnists

Gavin Keeton

Prudent budgeting increasingly difficult as narrow tax base is squeezed tighter, writes Gavin Keeton

Focus needs to fall on higher growth for state to meet goals

Columnists

Robert Mugabe is an Englishman to his fingertips: his sentiments about colonialists are staged, symptoms of an inferiority complex, writes Simon ...

Bob hates to love locals, loves to hate English

Financial Services

Liberty Holdings on track to diversify earnings, says CEO

Thabo Dloti.  Picture: SUPPLIED
14 hour(s) ago

Liberty’s full-year results reflect insurer’s efforts to diversify earnings away from largely insurance-based income stream to achieve growth, says Thabo Dloti

National

Joburg residents can profit from solving city’s problems

FALLING BEHIND: Cars move over a highway with Johannesburg’s skyline in the background.  Picture: BLOOMBERG
9 hour(s) ago

Challenge is offering R5m in prize money for digital solutions

Telecoms & Technology

State security minister to address cybercrime conference

State Security Minister David Mahlobo responding to questions during a media briefing by the justice, crime prevention and security cluster of ministers on Thursday.  Picture: TREVOR SAMSON
12 hour(s) ago

As intelligence community reels from damage caused by so-called ‘spy cables’ leaks, David Mhlobo is due to speak on problems of cybercrime and hacking

Education

UCT programme to address skills shortage in public sector

Picture: THINKSTOCK
15 hour(s) ago

University of Cape Town college of accounting launches postgraduate diploma in public sector accounting, course to cover financial management, governance, reporting

DIRE SITUATION: A drought-affected maize crop is seen near Paris, Missouri. Picture: REUTERS

Drought should ring alarm bells

Persistent dry weather raises the spectre of drought in areas that produce about 75% of SA’s white maize — a staple food for millions of people, writes Wandile Sihlobo

Energy

Fuel levy hike will bring in R10bn a year

Road Accident Fund CEO Eugene Watson. Picture: FINANCIAL MAIL
23 hour(s) ago

Increase in the Road Accident Fund fuel levy will provide temporary relief to the cash-strapped fund, says CEO Eugene Watson

National

Gauteng waiting list for housing to be digitised

David Makhura.  Picture: SOWETAN
23 hour(s) ago

New listing system will incorporate biometrics to reduce graft

Industrials

Murray & Roberts results look dismal

Murray & Roberts CEO Henry Laas. Picture: FINANCIAL MAIL
1 day(s) ago

Group’s order book falls to R37.8bn from R44.9bn a year ago, mainly because of the changes to its oil and gas unit

Financial Services

Fallout from African Bank failure hits Liberty

Thabo Dloti. Picture: MARTIN RHODES
19 hour(s) ago

Financial services company reports slight drop headline earnings after sentiment towards money market funds soured in wake of African Bank crash

Economy

Overview: Nene takes a knife to government spending

Finance Minister Nhlanhla Nene delivers his maiden budget speech on Wednesday. Picture: TREVOR SAMSON
1 day(s) ago

Departments not involved in service delivery bear brunt, with fillip for health, education and defence

Other Sport

Durban bid book for Commonwealth Games sent to London

South Africa’s flag is carried by Cecil Sebastian Afrika as the team enters the stadium during the opening ceremony for the 2014 Commonwealth Games at Celtic Park in Glasgow, Scotland, on Wednesday. Picture: REUTERS/JIM YOUNG
23 hour(s) ago

The projected cost of the Games remains undisclosed — but is said to be considerably cheaper than the reported R10bn price tag

Industrials

Low shipping rates knock Grindrod

Grindrod CEO Alan Olivier addressing the media and analysts on the group’s results presentation in Sandton on Wednesday.  Picture: MARTIN RHODES
23 hour(s) ago

Singapore would likely be the best place to conduct a listing, as it was a global shipping centre, says analyst

Innovation

Rooibos revolution for Cape wine

Workers load Rooibos onto a tractor. Audacia Wines in Stellenbosch has found a way to  use indigenous Rooibos wood to produce a preservative-free wine.  Picture: REUTERS//MIKE HUTCHINGS
1 day(s) ago

Western Cape winery patents indigenous Rooibos wood to replace traditional methods of preserving wine

Media & Advertising

Media24 closes down Heat SA

Picture: RUSSELL ROBERTS
23 hour(s) ago

Heat joins the likes of Seventeen, FHM, Sports Illustrated and Shape which were forced to shut their doors in SA in the past three years

African News

One person dead, five wounded after five bombs explode in Cairo

An explosives investigator defuses a bomb in Cairo, Egypt, on Monday.   Picture: REUTERS
13 hour(s) ago

Interior ministry says bomb that exploded outside restaurant in residential district of Imbaba killed one person, wounded two others

Retail & Consumer

Massmart’s results misses market estimate

Makro store in Midrand, Johannesburg. Picture: SOWETAN/ANTONIO MUCHAVE
19 hour(s) ago

Retail group says higher net interest paid from funding property acquisitions in 2013-14, adverse movement in foreign exchange translations hit headline earnings

Asia-Pacific

India pledges $137bn to modernise railways

Labourers work at the installation site of a new railway track on the outskirts of Agartala, capital of India's northeastern state of Tripura, on Wednesday.  Picture: REUTERS
16 hour(s) ago

India to spend $137bn to modernise crumbling railways, pledging to end vicious cycle of underinvestment

Americas

Google tries harder to push Android phones at work

Mock-ups of the Samsung Galaxy Note 4 smartphone are displayed at the company's flagship store in Seoul, South Korea. Picture: BLOOMBERG
15 hour(s) ago

Google introduces technology to encourage companies and their employees to use Android smartphones for work

Financial Services

MMI Holdings sees headline earnings falling by up to 30%

MMI Holdings CEO Nicolaas Kruger. Picture: FINANCIAL MAIL
18 hour(s) ago

Financial services group says its interim headline earnings will drop as much as 30% due to impact of investment markets

African Business

Angola passes reduced budget after fall in oil price

An offshore oil platform near Angola. Picture: THINKSTOCK
17 hour(s) ago

Revised budget figures are based on oil price of $40 a barrel rather than $81 previously forecast, predicts budget deficit of 7% of gross domestic product

Transport & Tourism

Government honours undertaking to cut travel expenses

Picture: THINKSTOCK
23 hour(s) ago

Hospitality official backs up government’s claims it has cut back spending on travel

Property

Student accommodation lures investors keen for stable income

HIGHER LEARNING: Students stroll past the University of the Witwatersrand's Great Hall. Picture: THE TIMES
23 hour(s) ago

There are about 200,000 university students and a further 400,000 students at Further Education and Training College who are without adequate housing

Property

Hospitality to slash R650m in hotel estate

Hospitality Property Fund CEO Andrew Rogers.  Picture: FINANCIAL MAIL
1 day(s) ago

Property fund expects to dispose of 14 hotels in the near future after struggling to do so for some year

View more

Cartoons

Mpho Popps Modikoan.  Picture: THE TIMES

Lightening up and seeing the funny side of life

Soweto comedian Mpho Popps Modikoane says comedy was his genetic inheritance and avoids telling jokes about politics as he believes that politics is a joke itself

Health

Health activists play into hands of tobacco firms with campaigns against e-cigarettes

Damien Hoops uses an electronic cigarette at The Vapor Spot bar in Los Angeles in March last year. The city council voted unanimously to ban the use of e-cigarettes, or ‘vaping’, from restaurants, bars, nightclubs and public spaces. Pictures: REUTERS/MARIO ANZUONI
1 day(s) ago

E-cigs and other nicotine-delivery devices such as vaping pipes offer us the chance to reduce the total number of future tobacco-related deaths, writes Derek Yach

Motoring

FUTURE MODELS: Back to the future

The new Tucson takes styling cues from its larger Santa Fe brother.  Picture: NEWSPRESS
1 day(s) ago

Hyundai looks set to go back to the Tucson name for its ix35 replacement

Health

Now for the next challenge: cancer

Former US President Bill Clinton (C) and his daughter Chelsea, left, (L) visit with Jean Pierre, an HIV and cancer patient, at a rural healthcare clinic on August 2 2008 in Rwinkwavu, Rwanda. Mr Clinton was visiting Clinton Foundation projects in African countries. Photo: JUSTIN SULLIVAN/GETTY IMAGES/THE CLINTON FOUNDATION
1 day(s) ago

The war on cancer is being taken to rural Africa, writes Lawrence N Shulman

Motoring

LAUNCH NEWS: Thumbs up for comeback kid

The new Corsa takes some stalking cues form the recently launched Opel Adam.  Picture: QUICKPIC
1 day(s) ago

Opel’s fifth generation Corsa set to ruffle feathers of its B-segment rivals

Health

Power of the hidden parts of the mind

A technique to make brains transparent, a breakthrough should give researchers an accurate picture of the pathways underlying both normal mental function and neurological illnesses from autism to Alzheimer’s. Picture: THINKSTOCK
1 day(s) ago

The idea that unconscious thought is sometimes more powerful than conscious thought in making a decision is attractive but a new study has found no evidence of it

Motoring

SOUTH AFRICAN CAR OF THE YEAR: Contenders in a popular segment

Honda has been surprisingly conservative with the styling of its new Accord.  Picture: QUICKPIC
1 day(s) ago

In our second instalment on the 2015 South African Car of the Year finalists, Lerato Matebese looks at two family sedans and a crossover

Afghanistan batsman Hamid Hassan celebrates as the winning runs are hit against Scotland in their 2015 Cricket World Cup Group A match in Dunedin on Thursday. Picture: AFP PHOTO/WILLIAM WEST

Afghanistan post first World Cup win, Sangakkara marks milestone with ton

Afghanistan’s remarkable rise continues with maiden World Cup win as they beat Scotland by one wicket, while Kumar Sangakkara celebrates his 400th ODI with a hundred

Opinion

Leading Japanese firms become sugar daddies for SA rugby stars

They not only pay huge salaries but they also provide a much more holistic, family-friendly playing environment

JSE Sens

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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.
View more

The Third Umpire

State Security Minister David Mahlobo. Hot on the heels of the phone-jamming debacle, he’s now in the hot seat as the “spy cables” leaks from his State Security Agency begin to circle the globe.

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Environmental Affairs Minister Edna Molewa. For her reprieve on new minimum-emissions standards. Under the circumstances, companies — even dirty ones — need all the help they can get.

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City Power MD Sicelo Xulu. For taking the lead in introducing SA’s first time-of-use electricity tariff system. Giving incentives to households to shift their electricity consumption to off-peak periods is long overdue.

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Calendar

BHP Billiton BHP Billiton interims
Discovery Discovery interims
Shoprite Shoprite interims
Imperial Imperial interims
Mondi Mondi finals
Advanced Health Advanced Health interims
Brimstone Brimstone finals

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