• Wednesday, March 04 2015
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Reserve Bank deputy governor Francois Groepe. Picture: THE HERALD

Petrol price hike of 96c inflationary, says Reserve Bank’s deputy governor

1 hour(s) ago

The 96c a litre increase in petrol price this month may add ‘approximately 0.6 percentage points’ to inflation, Reserve Bank deputy governor Francois Groepe says

Economy

Operating conditions at private companies stabilise in February, PMI shows

Picture: THINKSTOCK
3 hour(s) ago

Seasonally adjusted HSBC/Markit whole economy PMI rises from 49.8 in January to 50 last month as output levels increase

Telecoms & Technology

MTN SA feels competitors’ heat as annual revenue declines

MTN. Picture: BLOOMBERG/NADINE HUTTON
5 hour(s) ago

Network operator says it expects to build on positive momentum gained on revenue, subscriber additions in the second half of 2014

Financial Services

MMI profits rise despite challenging conditions

Nicolaas Kruger, MMI Group CEO addresses the media and analysts in Sandton on Wednesday.
Picture: MARTIN RHODES
2 hour(s) ago

Group reports 13% rise in interim operating profit to R1.5bn compared with year-earlier period, despite ‘economically challenging, highly competitive conditions’

Telecoms & Technology

SA lags as Asia, Europe position themselves to make 5G a reality

Picture: THINKSTOCK
35 minute(s) ago

While operators in SA are still rolling out 3G in certain parts of country, in Europe, key parts of Asia operators are working on 5G — with aims to launch it in five years

Financial Services

Barclays Africa eyes faster expansion

Maria Ramos. Picture: MARTIN RHODES
8 hour(s) ago

It has applied for a commercial banking licence in Nigeria and one for an insurance business in Kenya

Middle East

Netanyahu says he gave ‘practical alternative’ to Iran deal

Israel's Prime Minister Benjamin Netanyahu addresses a joint session of the US Congress on Tuesday at the US Capitol in Washington. Picture: AFP
52 minute(s) ago

Israeli Prime Minister Benjamin Netanyahu voices satisfaction that he has made his own message heard around the world

Labour

Fresh Vavi claims and Cosatu cash crisis

Zwelinzima Vavi and Sdumo Dlamini. Picture: PUXLEY MAKGATHO
8 hour(s) ago

Forensic report alleges that Zwelinzima Vavi did not follow tender procedures in awarding a contract to a service provider

Picture: THINKSTOCK

Quota systems will not lead to genuine transformation for women

Legislating what is essentially a numbers game will see a simple tick-box response, which is nothing like genuine representation for women, writes Shireen Chengadu

Columnists

It will be a long, long time before the impact of Hashim Amla and AB de Villiers on the game’s history is eroded, writes Gareth van Onselen

Amla and De Villiers are ODI cricket gods

Columnists

Leon Louw promo

Clearly, the way to enrich South Africans is to prohibit all interaction with foreigners, writes Leon Louw

Don’t stop at banning foreign land ownership

National

Firefighters continue to battle Cape Town blaze

A firefighter tries to stop a blaze in Cape Town on March 2 2015. Picture: EPA/NIC BOTHMA
37 minute(s) ago

Firefighters continue to battle fire in South Peninsula, three days after it started in Muizenberg, hoping light rain, cooler weather forecast for today will help contain blaze

African News

Former allies sue Mugabe, Zanu (PF) for breaching rules

Zimbabwean President Robert Mugabe. Picture: SUNDAY TIMES
1 hour(s) ago

Two former allies of Zimbabwean President Robert Mugabe whom he fired last year are suing him and his party for unfair dismissal and breaching party’s constitution

Industrials

Toyota SA CEO Johan van Zyl appointed head of European operations

Picture: REUTERS
2 hour(s) ago

Van Zyl will take on his added responsibilities on April 1, as president and CEO of Toyota Motors Europe, but will remain in charge of South African company and African region

African News

Final results of Lesotho polls reveal no clear winner

Lesotho Independent Electoral Commission marshalls start the counting process at the end of the voting process of the Lesotho parliamentary elections at a polling station on Saturday in Maseru, Lesotho. Picture: AFP
4 hour(s) ago

Lesotho’s general elections results reveal no outright winner as ruling party narrowly edges out nearest rivals

The site, formerly the farm Naauw Ontkomen, was bought from Kumba Coal (now known as Exxaro Coal) and measures 883 hectares.  Picture: ARNOLD PRONTO

EDITORIAL: Well done, now do better

Power stations’ performance seem to be deteriorating rather than improving and that needs to change

Americas

Fraud takes a bite out of Apple Pay

Picture: REUTERS
45 minute(s) ago

Some banks witness growing incidence of fraud on Apple’s mobile-payment service as criminals exploit vulnerabilities

Europe

Standard Chartered rules out share sale as profit plunges 25%

Standard Chartered.  Picture: REUTERS/BOBBY YIP
49 minute(s) ago

Standard Chartered vows to cut costs and shrink its loan book in an effort to quell concerns about its capital strength

Europe

Areva nuclear group announces €4.8bn loss

The headquarters of France's nuclear group Areva. Picture: AFP
2 hour(s) ago

French nuclear group confirms record net losses in 2014 after it is forced to absorb costs linked to project delays

Mining

Transnet contracts worry Glencore

Glencore Xstrata CEO Ivan Glasenberg
8 hour(s) ago

Analyst says there needs to be more co-ordination between government departments and state entities to avoid conflicts of interest

Retail & Consumer

Grocery stores cry foul as load shedding raises costs

Shoprite CEO Whitey Basson. Picture: RUSSELL ROBERTS
8 hour(s) ago

Many indirect costs related to load-shedding are unavoidable despite large retailers and producers installing generators

Americas

Democrats, State Department defend Hillary Clinton over e-mail flap

Hillary Clinton. Picture: BLOOMBERG/NOAH BERGER
2 hour(s) ago

Democrats scramble to contain fallout for Hillary Clinton, their favoured 2016 presidential candidate, after allegations she inappropriately used her personal e-mail for work while secretary of state

Europe

Western leaders hint at more Russian sanctions over Ukraine

US President Barack Obama makes a statement to the press after a meeting in the Oval Office of the White House on Tuesday in Washington. Picture: AFP
2 hour(s) ago

Leaders warn Russia they are ready to step up sanctions if there are further violations of ceasefire agreement in Ukraine

Industrials

Mpact says year ended December a ‘successful’ one despite challenges

Mpact CEO Bruce Strong at the company's listing on the JSE in July 2011.  Picture: MARTIN RHODES
2 hour(s) ago

Mpact reports 11.9% rise in annual revenue to R8.6bn, with group ‘confident in strategy, well-established market positions and ability to generate shareholder returns’

Industrials

Eqstra turnaround restores confidence of investors

Eqstra Holdings Interim Results with CEO Walter Hill in Sandton. Picture: MARTIN RHODES
8 hour(s) ago

Shares rise nearly 20% after company reports its after-tax profit had risen 7.8% in its interim results to December

Politics

Motion of no confidence in Zuma withdrawn

President Jacob Zuma. Picture: TREVOR SAMSON
8 hour(s) ago

Agang MP Andries Tlouamma says motion can proceed only if by secret ballot and if the speaker recuses herself

Land & Agriculture

Push to export more bottled wines to EU

Picture: THINKSTOCK
7 hour(s) ago

SA exports more bulk wine to Europe than bottled wine, and the campaign is expected to improve earnings and boost job creation

National

Moving refugee hubs to borders goes ahead

PERCEIVED THREAT: The ANC’s proposal to tighten immigration controls may increase the vulnerability of migrants, rights groups say. Picture: SOWETAN
8 hour(s) ago

Shift is part of home affairs department’s wider attempt to regulate refugees and migrants — a flashpoint of conflict in SA’s townships

View more

Cartoons

That rear simply screams high-performance.

GALLERY: Showstoppers at Geneva Motor Show

There is a great deal to be seen at the 85th Geneva Motor Show, the first European-based automotive exhibition on the calendar this year

Health

Modest coffee consumption good for the heart

Picture: THINKSTOCK
21 hour(s) ago

People who drink three to five cups of coffee a day may have lower risk of clogged arteries that can cause serious heart problems, study finds

Gadgets & Gear

Facebook now pretty much ubiquitous among SA students

Facebook. Picture: REUTERS
20 hour(s) ago

According to new research from World Wide Worx and Student Brands, just 3% of students in SA aren’t active on world’s most popular social network, writes Stuart Thomas

Management

Local businesses need to embrace spirit of ubuntu

Police officers stroll away from a crowd looting a shop belonging to a foreigner in White City, Soweto, in January. Instead of turning a blind eye to xenophobic attacks and focusing on the practices of foreigners, the government and black business organisations should launch more programmes to foster co-operation. Picture: THE TIMES/ALON SKUY
7 hour(s) ago

State’s support should be for issues firms are willing to collaborate on, and not only those it deems important, writes Stephen Timm

Management

For career success, you need to look the part

WELL SUITED: Leonardo Di Caprio as Jordan Belfort in Martin Scorsese's The Wolf of Wall Street (2013), based on the true story of the rise and fall of a stockbroker on New York's Wall Street
7 hour(s) ago

New research suggests leaders in certain fields being selected in part because their face fits the stereotype of their profession, writes Ashley Potter

Matthew Rusike of Kaizer Chiefs tries to dribble past Moswate Obonye of Township Rollers during their recent Champions League first-leg match at FNB Stadium. Picture: SOWETAN/ANTONIO MUCHAVE

Amakhosi ‘must regain winning ways’

De Sa believes Ajax could get something out of Amakhosi, especially if the Soweto side let their guard down

Cricket

Afghanistan not prepared to roll over for Australians

Afghanistan's captain Mohammad Nabi speaks at a press conference ahead of the 2015 Cricket World Cup Pool A match between Australia and Afghanistan in Perth on Tuesday. Picture: AFP PHOTO/GREG WOOD
7 hour(s) ago

Team provides one of the most compelling stories of this World Cup, with a thrilling one-wicket win over Scotland

Cricket

Proteas focus on Saturday’s match, says De Villiers

SA batsman Faf Du Plessis jumps after a fielder’s throw during the World Cup match against Ireland, at the Manuka Oval in Canberra, Australia, on Tuesday. Du Plessis scored a century. Picture: EPA/MICK TSIKAS
7 hour(s) ago

Behind AB De Villiers and his team lies the 201-run hammering of Ireland at Manuka Oval in Canberra. Ahead of them is the Pakistan match

Opinion

Bafana legend Moshoeu becomes latest victim of irresponsible Twitter hoax

Brazen recklessness of death tweets were hugely convincing

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The Third Umpire

Outgoing Namibian President Hifikepunye Pohamba, who has been awarded the Mo Ibrahim Foundation’s $5m African leadership prize, the first time this coveted gong has been awarded in the past three years.

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Economic Development Minister Ebrahim Patel. The 100MW solar power plant he opened near Pofadder on Monday may not mean much in terms of SA’s generation capacity, but it is the way of the future.

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Cape Town’s firefighters, many of them volunteers, who have been putting their lives on the line for the past three days to battle one of the worst wildfires ever to afflict the peninsula. Give those men (and women) a Bells.

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Calendar

Barclays Africa Barclays Africa finals
Glencore Glencore finals
Royal Bafokeng Platinum Royal Bafokeng Platinum finals
Merafe Merafe finals

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