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Pravin Gordhan. Picture: REUTERS/SIPHIWE SIBEKO

Treasury’s bid to tighten government spending meets with mixed results

1 hour(s) ago

The Treasury introduced mandatory cost containment measures across government three years ago in an attempt to rein in government spending

Telecoms & Technology

Icasa to proceed with auction of R15bn broadband spectrum

Picture: MARTIN RHODES
2 hour(s) ago

The government is against the sale, arguing that SA’s biggest phone companies, including MTN. and Vodacom, will benefit at the expense of smaller competitors

Markets

MARKET WRAP: Turkish downgrade and Deutsche Bank worries push the JSE lower

Stock exchange. Picture: ISTOCK
28 minute(s) ago

As earlier concern about interest-rates uncertainty abated, the negatives of Turkey’s downgrade to junk status and worries about Deutsche Bank nudged the JSE into closing weaker on Monday

Education

Police have not started to investigate the teaching jobs-for-cash scandal

Nathi Nhleko. Picture: GCIS/SIYABULELA DUDA
2 hour(s) ago

Police are waiting for forensic investigators to do their job before they start probing teaching jobs-for cash allegations, says Police Minister Nathi Nhleko

National

Winnie celebrates 80th birthday in Soweto

Winnie Madikizela-Mandela. Picture: REUTERS/MIKE HUTCHINGS
2 hour(s) ago

The struggle stalwart celebrated her birthday in characteristic style with thousands of ANC Women’s League members in Orlando West‚ Soweto, on Monday

Media & Advertising

Moneyweb losses increase as it seeks to diversify in a difficult trading year

Picture: THINKSTOCK
2 hour(s) ago

Moneyweb’s losses rose as it invested in expansion while advertising revenue fell in the year to June

Transport & Tourism

Sizwe Zuma is in our supplier database, SAA confirms

Picture: GALLO IMAGES/ALON SKUY
5 hour(s) ago

But the airline says it cannot say whether the potential new supplier of jet fuel is related to President Jacob Zuma

Politics

NUM backs Cyril Ramaphosa to succeed Jacob Zuma in ANC

Picture: Thulani Mbele
6 hour(s) ago

The union has thrown its weight behind the deputy president, who has not yet confirmed he intends to run for the party leadership

Economy

Rise in company liquidations in August on a year-on-year basis

Picture: THINKSTOCK
3 hour(s) ago

Liquidations data are an important indicator of the scope of unpaid debt in SA so the slight increase suggests that companies are still financially under pressure

Economy

'Rating agencies are childish and slow growth is the Reserve Bank’s fault'

The Times
7 hour(s) ago

Centre for Economic Development and Transformation founder Duma Gqubule offers some unorthodox assessments at the Black Business Council's conference

National

Law expert says it would be hard to justify Jiba and Mrwebi staying at NPA

Nomgcobo Jiba. Picture: SOWETAN
5 hour(s) ago

Top NPA officials Nomgcobo Jiba and Lawrence Mrwebi are said to be unlikely to get leave to appeal against a high court decision to strike their names from the roll of advocates

Tina Joemat-Pettersson. Picture: TREVOR SAMSON

Evidence against nuclear raises doubt about process

The absence of an updated integrated resource plan suggests Tina Joemat-Pettersson speaks with a forked tongue, writes Helen Zille

Columnists

Neels Blom: Herman Mashaba’s move against Sandton's cycle-path project also ends rehabilitation of Joburg’s precarious storm-water drainage system

Benefits could have trickled down to the poor

Columnists

Lucy Kellaway promo

After an anxious few days, the loss of a smartphone opens a window to unexpected freedom, writes Lucy Kellaway

Losing my smartphone rang in positive change

Education

UCT cancels graduation ceremonies for 2016

Max Price. Picture: THE TIMES
1 hour(s) ago

The institution has also suspended lectures for the remainder of the week, saying staff and students will use the time to explore an end to the standoff

National

Top spy job goes to man said to have saved Zuma from corruption trial

Arthur Fraser.   Picture: BUSINESS DAY
3 hour(s) ago

Seasoned intelligence man Arthur Fraser, whose alleged leaking of secret recordings years ago "saved" Zuma from corruption charges, has been made director-general of the State Security Agency

Retail & Consumer

US private equity company to buy majority stake in SA clothing maker Amrod

Picture: THINKSTOCK
4 hour(s) ago

Promotional products and clothing maker Amrod will be set for expansion after private equity company Carlyle Group buys a majority stake in it

Education

Academic begs colleagues to help end crisis at University of Zululand

Picture: THINKSTOCK
52 minute(s) ago

The appeal comes after university staff have been on strike for seven weeks‚ since wage talks broke down between management and the trade union Nehawu

Europe

Former IMF boss Rato on trial over bankers’ luxury sprees

Rodrigo Rato. Picture: REUTERS
2 hour(s) ago

Rato is among 65 officials at Bankia SA and its founding savings bank Caja Madrid accused of misusing credit cards from 2003 to 2012, running up bills of over €12m

Education

Plight of a student desperate to study, but afraid of protesters

Police detain a man during student protests in Johannesburg on Wednesday.  Picture: ALON SKUY/THE TIMES
5 hour(s) ago

With the University of the Witwatersrand’s academic programme suspended, vice-chancellor Professor Adam Habib has told of a plea by a student who wants to study but fears militant protesters

National

EFF’s Malesela Ledwaba is arrested

Picture: EFF
6 hour(s) ago

The party’s Gauteng secretary was taken into custody on Sunday for an alleged attack on a member of the provincial legislature whose house was also broken into

Hlaudi Motsoeneng. Picture: BUSINESS DAY

EDITORIAL: The SABC’s endless farce

Hlaudi Motsoeneng has reportedly received an R11.4m bonus and is being internally redeployed in clear violation of a legal stipulation

Other Sport

Golf great Arnold Palmer dies at 87

BIG THREE:  Honorary starters Jack Nicklaus, left, Arnold Palmer, middle, and Gary Player on the first tee after ceremonially opening the first round of the Augusta Masters in Georgia, US, on Thursday. Picture: EPA/TANNEN MAURY
6 hour(s) ago

Palmer captured seven major tournaments during his illustrious career, taking The Masters four times, the British Open twice and the US Open once

Markets

CurveGlobal, London’s newest derivatives venture, makes its debut

Shareholders of the 318-year-old London exchange will vote on Monday on what is London’s third attempt to merge with Deutsche Boerse in 16 years. Picture: REUTERS/TOBY MELVILLE
10 hour(s) ago

The question is whether the venture, backed by seven major banks, will survive if the LSE’s merger with Deutsche Börse founders

Energy

PetroSA hit by new R8.8bn funding blow

Mosebenzi Zwane. Picture: AFP PHOTO/RODGER BOSCH
13 hour(s) ago

The cash-strapped state-owned enterprise appeals to Mineral Resources Minister Mosebenzi Zwane for a reprieve ahead of a funding gap crunch

National

Treasury aims to extend tax incentives

The writer says even if the Treasury’s independence and SA’s investment-grade credit status are maintained and economic growth improves, a major historic challenge appears to have been provoked. Picture: SUPPLIED
13 hour(s) ago

There's disagreement that the employment tax incentive to encourage youth employment has resulted in more jobs

Europe

Investors flee Turkish assets after Moody’s downgrade to junk

Picture: ISTOCK
6 hour(s) ago

Assets plummeted the most since July’s attempted coup, with the currency headed for an eight-week low and the bourse posting the steepest fall out of about 90 indices

Transport & Tourism

Acsa fears effect of tariffs on its profits

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

Airports Company SA could breach loan covenants on R11bn debt if the new tariff regime for 2017 is too aggressive

Politics

Andile Mngxitama backs Jacob Zuma — but wants something in exchange

Andile Mngxitama.  Picture: SUNDAY TIMES
8 hour(s) ago

The Black First Land First leader and former EFF member says the growing call for the president to step down is a conspiracy by white capitalists

Europe

Goldman Sachs to slash Asian investment banking workforce

A Goldman Sachs sign above the New York Stock Exchange floor. Picture: REUTERS/LUCAS JACKSON
9 hour(s) ago

The bank plans to reduce the number of bankers working on mergers and acquisitions, and equity and debt capital markets deals in response to a slowdown in the region

Europe

What we have learnt from Rosetta’s 12-year, 7-billion-kilometre odyssey

A scale model of the Rosetta spacecraft is pictured at the European Space Operations Centre (ESOC) in Darmstadt, Germany. Picture: REUTERS
10 hour(s) ago

The European spacecraft, which will be switched off on Friday, has revealed some surprising things about comets — and about what we thought we knew about planets

Financial Services

Futuregrowth resumes lending to Land Bank

Andrew Canter. Picture: FINANCIAL MAIL
7 hour(s) ago

The asset manager will continue to monitor the agricultural lender, one of six state-owned companies it recently stopped funding

Politics

Will Thandi Moraka escape ire of ANC?

TOGETHER:  President Jacob Zuma is not convinced that SAA chairwoman Dudu Myeni, right, needs to be replaced before a state guarantee to the airline can be extended. Picture: SUNDAY TIMES
8 hour(s) ago

ANC Youth League deputy secretary-general follows EFF leader Julius Malema’s lead and refers to SAA chairwoman as Dudu Myeni Zuma

Companies

Microsoft to plug Renault-Nissan cars into the cloud

Microsoft. Picture: BLOOMBERG / MIKE KANE
1 hour(s) ago

Microsoft will build cloud infrastructure for the carmakers that can host navigation data and allow drivers to predict fuel usage and check on their cars remotely

Americas

Former minister held in Brazil graft probe, say prosecutors

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

Police arrest the second former finance minister within days as part of the Petrobras corruption probe that has netted popular erstwhile leader Lula da Silva

Education

Campuses tense, UKZN residence burns and protesters throw poo

STANDOFF:  Students from Wits University in Johannesburg demonstrate, as the #FeesMustFall protests resume. Picture: EPA/KIM LUDBROOK
10 hour(s) ago

Social media warnings say those not striking in Pietermaritzburg ‘will be dealt with’, while Wits and UCT remain closed

Mining

Trans Hex advised to reject Wiese offer

Picture: THINKSTOCK
13 hour(s) ago

The miner’s independent board advises that an R8 a share offer would be fair and reasonable value

Transport & Tourism

No feasibility study for Durban airport

King Shaka International Airport. Picture: SUNDAY TIMES
13 hour(s) ago

Court challenge by a Ghanaian businessman reveals there was no feasibility study for Airports Company SA’s King Shaka International Airport

African News

Poaching lays waste to Africa’s elephants

A herd of elephants in Hwange National Park, Zimbabwe. Picture: REUTERS/PHILIMON BULAWAYO
8 hour(s) ago

A report showing the worst drop in 25 years comes amid disagreement over the best way to improve the plight of the continent’s iconic species

Telecoms & Technology

Jasco rewards patient shareholders

Picture: ISTOCK
9 hour(s) ago

Electronics group reinstates a dividend payment for the first time in four years after swinging into full-year profit

View more

Cartoons

Picture: ISTOCK

How can an expert on black holes help in the quest to cure pancreatic cancer?

A team of physicians and physicists is engaged in a novel effort to solve the riddle of one of medicine’s most lethal malignancies

Telecoms & Technology

VAST brings open WiFi access to SA’s townships

Picture: ISTOCK
4 day(s) ago

Millions of South Africans are being exposed to WiFi at a low or no cost to them but somebody is paying for the technology

Gadgets & Gear

GoPro Review: a camera with smartphone smarts

GoPro. Picture: ISTOCK
4 day(s) ago

Hurt by cheaper rivals, GoPro has been buying software companies — and it shows in the Hero 5 Black and Session which makes it easier than ever to make cool videos

Springbok coach Allister Coetzee plays with a ball during the rugby Test match between New Zealand and SA in Christchurch, New Zealand, on Saturday. Picture: AFP PHOTO/MARTY MELVILLE

History at Loftus backs the Boks against Wallabies

After losing three of their four Rugby Championship matches and four of seven Tests this season‚ the Boks are on the ropes for Saturday’s clash against Australia

Cricket

Kiwis on the ropes as India close in on big victory

India's Ravichandran Ashwin fields against New Zealand at Green Park Stadium, Kanpur, India, on Sunday. Picture: REUTERS/DANISH SIDDIQUI
14 hour(s) ago

India set New Zealand an improbable 434-run victory target and then blew away the visitors’ top order

Soccer

Downs underestimate Zamalek at their peril

Picture: THE TIMES
14 hour(s) ago

Mosimane said hosting the first leg of the final at home was no disadvantage

Other Sport

Binder becomes the king of Moto3

FLYING FINISH:  Brad Binder salutes the crowd after winning Sunday’s Moto3 race in Le Mans. Picture: AFP PHOTO/CHARLY TRIBALLEAU
14 hour(s) ago

Italian Bastianini led until the final corner, but was swamped by Navarro and Binder

Cricket

Bavuma stands tall with debut century

LITTLE MAN, BIG RUNS:  Temba Bavuma celebrates his century against Ireland on Sunday. It was the South African  batsman’s one-day international debut. Picture: LEE WARREN/GALLO IMAGES
14 hour(s) ago

Proteas brush Ireland aside in lopsided win

Other Sport

Kenenisa Bekele edges record in Berlin marathon victory

CHAMPION: Ethiopia’s Kenenisa Bekele wins Sunday’s Berlin Marathon in the second fastest time in history. Picture: REUTERS/FABRIZIO BENSCHE
14 hour(s) ago

Ethiopia's triple Olympic champion missed the mark by seconds in a blistering showdown with Kenya's Wilson Kipsang

Rugby

Fleck backs coaches’ indaba to refocus SA rugby style

Robbie Fleck (Interim Coach)  during the DHL Stormers press conference at High Performance Centre, Bellville on January 19, 2016 in Cape Town. Picture: GRANT PITCHER/GALLO IMAGES
14 hour(s) ago

Fleck believes SA Rugby needs to find an identity that every franchise will work to fine tune

Rugby

No one can catch the Cheetahs in jostle for Currie Cup semis

Oupa Mohoje. Picture: BACKPAGE PIX/GAVIN BARKER
14 hour(s) ago

The Cheetahs’ 52-10 win against the Pumas places the Free State side at the top of the Currie Cup log in the round-robin stages

Other Sport

Love may regret his ‘best ever’ comment

Davis Love. Picture: USA TODAY
14 hour(s) ago

Remarks hardly help the American cause as the hosts seek to avoid losing for the ninth time in the past 11 meetings

Markets

Economy

Life

Sport

Multimedia

Standard Bank

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.
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The Third Umpire

He may be on the wrong side of reality, and morality, when it comes to many domestic issues, but President Jacob Zuma is correct in demanding “fundamental reform” of the archaic UN Security Council structure.

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Oversight. That’s what Parliament is supposed to do to keep the executive on its toes. Yet it was also Police Minister Nathi Nhleko’s excuse for failing to inform it of a crucial appointment. The system is broken.

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The Gupta family’s UK public relations company knew about Mineral Resources Minister Mosebenzi Zwane’s boo-boo regarding SA’s banks before he had even announced it, and we’re expected to believe he wasn’t the source?

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