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Economy

Reserve Bank’s leading indicator edges up in March

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
13 minute(s) ago

Composite leading business cycle indicator, a forecasting measure used by Reserve Bank, edges up in March, suggesting letup in tough business conditions

Trade & Industry

Zuma to commission new Toyota plant in Durban

Vehicles drive past the Durban Toyota plant. Picture: REUTERS
2 hour(s) ago

The Japanese manufacturer’s R6.1bn investment demonstrates global automotive producers’ continued confidence in SA

National

Zuma appeals against corruption charges ruling

Jacob Zuma. Picture: AFP PHOTO
39 minute(s) ago

He believes the Pretoria High Court erred in finding that the withdrawal of graft charges against him was ‘irrational’

National

DA calls public protector resolution an ANC attempt at ‘cadre deployment’

DA MP David Maynier
43 minute(s) ago

ANC wants six ANC councillors, two from the DA, one from the EFF and two others on a committee tasked with choosing a new public protector

Financial Services

Old Mutual confirms Affiliated Managers Group deal

Old Mutual. Picture: BLOOMBERG/SIMON DAWSON
2 hour(s) ago

Says it has been approached to sell its stake in Old Mutual Asset Management, but there is no certainty that this will lead to a transaction

Healthcare

Ascendis Health acquires two companies in Europe

Ascendis CEO Karsten Wellner. Picture: TREVOR SAMSON
2 hour(s) ago

It is buying Cyprus-based pharmaceutical company Remedica and sports nutrition company Scitec, which operates in nearly 90 countries worldwide

Energy

Off-grid solar solutions bring electricity to rural areas

Renewable energy programmes aim to bring power to SA’s most remote locations. File picture: CIRCA
6 hour(s) ago

The ‘pay as you go’ solar power market is being served by companies such as M-Kopa and Mobisol

Retail & Consumer

Tiger Brands’ profit jumps on turnover growth

Lawrence MacDougall. Picture: JASON RIKER
3 hour(s) ago

CEO says significant inflation in raw material inputs and intense competition adversely affected volumes and margins

Financial Services

Brait net asset value per share up 80%

Customers take a break at Virgin Active's Soweto gym. Picture: THE TIMES
3 hour(s) ago

Increase attributed to weakening of the rand against the British pound and strong operation performance by the companies in its portfolio

VIEW: National director of public prosecutions Shaun Abrahams has until Friday to appeal against the ruling or place it on the court roll. Picture: SUNDAY TIMES

Abrahams fails to explain why NPA is siding with Zuma

An even-handed approach would have enhanced public perceptions of the independence of the NPA, writes Paul Hoffman

Columnists

Strong, effective institutions are absolutely crucial to building democracy, writes Franny Rabkin

Moseneke’s gracious farewell puts the judiciary first

Columnists

Neil Manthorp: Standard Bank insists it never lost its passion for cricket but that a realignment of priorities was necessary to make a return ...

Sponsor banks on unifying power of cricket in the land

Americas

Clinton declines final Fox News debate with Sanders

Democratic US presidential candidates Senator Bernie Sanders and Hillary Clinton wave before the start of the Univision News and Washington Post Democratic US presidential candidates debate in Kendall, Florida. Picture: REUTERS
11 minute(s) ago

Democratic presidential frontrunner Hillary Clinton will concentrate on campaigning against likely Republican nominee Donald Trump instead, her spokesperson says

African Business

Mozambique heads for default after missing loan repayment deadline

Mozambique purchase of patrol boats with a loan meant for a new fleet of tuna fishing boats and an attempt to restructure the loan has plunged the transaction into a multimillion-dollar international controversy. Picture: JEREMY GLYN
2 hour(s) ago

Source says Mozambique Asset Management was unable to make the $178m payment and the government was also unable to come up with the cash

National

Jiba trials set to continue after court throws out DA challenge

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

Senior prosecutor Nomgcobo Jiba still faces an appeal and three more court cases

Financial Services

Standard Bank blames sophisticated and co-ordinated syndicate for heist

Picture: SUNDAY TIMES
6 hour(s) ago

Reports in Japan say about 100 individuals hit 1,400 ATMs in just three hours to make off with about R300m

Transport & Tourism

Task teams formed to try to resolve SAA pay deadlock

IT’S LIKE THIS:  Federation of Unions of SA general secretary Dennis George makes a point. Picture: ROBERT TSHABALALA
6 hour(s) ago

Parties streamline representative teams to push forward talks on resolving the crisis at South African Airways

National

Zuma man Willies Mchunu takes helm as KwaZulu-Natal’s new premier

Willies Mchunu, left, shares a light moment with President Jacob Zuma in this March 2013 file photo.  Picture: SUNDAY TIMES
15 hour(s) ago

The new leader is not new to power struggles with axed KwaZulu-Natal premier Senzo Mchunu

Surgery. Picture: ISTOCK

Operational hurdles loom for health insurance

As with many government plans, the cart came before the horse, leading to a number of unanticipated operational complexities, writes Johann Serfontein

African News

Two engineers involved in the building of collapsed Joshua church charged

Family members cry during a memorial service for the loved ones that they lost during the collapse of a building connected to the church of  TB Joshua in Nigeria, held in Queenstown in November. Picture: STEPHANIE LLOYD/DAILY DISPATCH
49 minute(s) ago

The two will face involuntary manslaughter charges after the collapse of the Synagogue Church of All Nations in Nigeria in 2014, which killed 116 people

Politics

IEC called to brief Parliament on state of readiness for election

Picture: REUTERS/MIKE HUTCHINGS
3 hour(s) ago

This was deemed necessary because of the number of recent court cases about the upcoming local government elections involving the IEC

African News

Pressure builds for Democratic Republic of Congo election

Joseph Kabila. Picture: REUTERS/CARLO ALLEGRI
2 hour(s) ago

The delay in elections has raised fears among the DRC’s international allies that it could be moving towards a violent collapse

Middle East

IS blasts in Syria regime heartland kill more than 148

Syrians gather at the site of multiple bombings that left tens dead in the northern coastal city of Jableh, between Latakia and Tartus on Monday. Picture: AFP PHOTO
2 hour(s) ago

Seven near-simultaneous explosions targeted bus stations, hospitals and other civilian sites in the seaside cities of Jableh and Tartus

Americas

Democrats, seeking unity, give Sanders say in party platform

Democratic presidential candidate Bernie Sanders speaks during a campaign rally at West High School on Monday in Salt Lake City, Utah. Picture: AFP
2 hour(s) ago

Divisiveness among the Democrats stands in contrast to the Republicans, whose party leaders are slowly rallying behind Donald Trump, their presumptive nominee

Europe

Eurozone ministers seek debt deal for Greece

The Greek and the European Union flags flutter in front of Maximos Mansion at the Prime Minister offices, in Athens, Greece, on Monday.  Picture: REUTERS
2 hour(s) ago

Greece urgently needs bailout money to repay loans to the European Central Bank International Monetary Fund

Financial Services

PIC seeks black buyers for Barclays

Barclays. Picture: AFP PHOTO/NIKLAS HALLEN
6 hour(s) ago

Public Investment Corporation confirms it is in exploratory talks with billionaire Patrice Motsepe and others

Energy

Ekurhuleni to spend over R100m to stabilise Germiston power

The sprawling township of Katlehong in Ekurhuleni.  Picture: THE TIMES
1 hour(s) ago

Ageing underground cables and cable theft have caused other equipment failure, leading to prolonged power outages in the area

Mining

De Beers’ diamond sales dip in fourth sales cycle

Picture: THINKSTOCK
2 hour(s) ago

Anglo American says De Beers sold about $630m worth of rough stones, 5% down from the $666m sold in its third sales cycle

Financial Services

Vunani turns profit in period to end-February

Vunani CEO Ethan Dube. Picture: FINANCIAL MAIL
1 hour(s) ago

Its previous year’s results were boosted by R92.3m from the sale of Vunani Property Asset Management, and aftertax profit narrowing to R8m from R67m

Labour

Abattoir workers taking dismissals to appeals court

Picture: ISTOCK
1 hour(s) ago

They claim they were axed for refusing to work long hours in oppressive working conditions for low salaries, but the Labour Court dismissed their case

National

Appeal looks beyond Zuma case, says NPA

CONFLICT: National Prosecuting Authority head Shaun Abrahams has to deal with court cases that threaten the leadership. Picture: SUNDAY TIMES
6 hour(s) ago

Prosecutions head Shaun Abrahams insists important principles are at stake in ‘spy tapes’ appeal

Americas

Corruption scandal throws Brazil’s interim government into disarray

The silhouette of a demonstrator in support of Brazilian President Dilma Rousseff is seen on a sign outside the signing ceremony on climate change at the UN Headquarters in Manhattan. Ms Rousseff is accused of using illegal state loans to boost public spending. Picture: REUTERS
2 hour(s) ago

Planning Minister steps down after a leaked recording of him apparently discussing using Dilma Rousseff’s impeachment to derail a corruption probe

Education

State proposes new rules for school posts

REFORM:  The Department of Basic Education has proposed that the minister be empowered to prescribe how the hiring of teachers should be done. File picture: THE TIMES
5 hour(s) ago

The Department of Basic Education has proposed new rules for the appointments of teachers after an investigation found senior posts were being sold

View more

Cartoons

Morphus on the Delaire-Graff wine estate in Stellenbosch. Picture: SUPPLIED

SA artist’s sculpture on display in New York

The large bronze Morphous will be installed New York’s Union Square, at an important and historic Manhattan intersection, for 10 months

Management

Six tips for breaking your work addiction

Picture: ISTOCK
2 hour(s) ago

Just because working a lot feels good to many people does not mean it is good for you, so how do you break the cycle?

Health

Shoulder surgery the new testing ground for painkiller alternatives

Picture: THINKSTOCK
20 minute(s) ago

If nonaddictive painkilling techniques can be shown effective with shoulder surgery, doctors hope they will be more widely adopted

Innovation

Innovative ways to get the message across

Roadside billboards are used for out-of-home advertising. Technology is now able to measure who is passing these sites. Picture: THE TIMES
6 hour(s) ago

Satellites and other forms of technology take the guesswork out of ad exposure measures and allow companies to track who sees their roadside billboards, writes David Furlonger

Opinion

VRROOM WITH A VIEW: Passat is a vote in the right direction

In an era of political madness and tough times Volkswagen offers a stylish new Passat that makes sense

IN: Jose Mourinho is expected to be confirmed as Manchester United manager. Picture: EPA

Are Mourinho and United the perfect match?

Jose Mourinho delivers wins but United fans used to an attacking flair and young players will be disappointed

Other Sport

Garcia equals Ballesteros record

6 hour(s) ago

Sergio Garcia displays shades of Seve Ballesteros on his way to victory at the AT&T Byron Nelson in Texas

Other Sport

Winter Breeze offers Strydom good start

Picture: ISTOCK
6 hour(s) ago

After being sidelined for several weeks with a broken collarbone, top jockey Piere Strydom returns to the saddle

Cricket

IPL players ‘will not be rusty’ for Caribbean series

FRESH: Kagiso Rabada has not been dashing about in India. Picture: GALLO
6 hour(s) ago

Only four of South Africa’s squad of 15 are not plying their trade in India, while four Australians will also come in from the cold to go to the Caribbean

Soccer

Van Gaal axed by United as Mourinho waits in wings

Louis Van Gaal. Picture: REUTERS/CARL RECINE
12 hour(s) ago

United’s failure to qualify for the lucrative Champions League seals Louis Van Gaal’s fate

Rugby

Stormers must get clever to secure a playoff berth

Picture: THINKSTOCK
6 hour(s) ago

Stormers’ deficit in defence and attack against the Bulls needs attention as the playoff competition quickens

Rugby

Lack of killer instinct handicaps Blitzboks

ALSO-RANS: The Blitzboks before their Cup final against Scotland who stunned the South Africans to win their first Sevens trophy. Picture: GETTY IMAGES/ROGER SEDRES
6 hour(s) ago

Mental barriers loom before Olympic Games

Opinion

Sponsor banks on unifying power of cricket in the land

Standard Bank insists it never lost its passion for cricket but that a realignment of priorities was necessary to make a return possible

Standard Bank

JSE Sens

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The Third Umpire

Irish golfer Rory McIlroy, who won the Irish Open for the first time on Sunday with a final round of 69. On an emotional high, the 27-year-old world No3 promptly donated the entire R12m in prize money to a number of charities.

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The NDPP’s rather wordy news conference did not cast much light on matters, but Finance Minister Pravin Gordhan has at least been reassured that neither the Hawks nor the NPA are about to have him arrested.

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Defence Minister Nosiviwe Mapisa-Nqakula. Whatever her motive, using a VIP flight to smuggle a foreign national into the country without the proper documentation smacks of impunity. So much for accountability.

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