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Picture: MICHAEL ETTERSHANK

JSE’s R134bn glitch wildly overstates foreign purchases

2 hour(s) ago

Foreigners actually pulled R36bn out of SA in May, June and July — rather than investing R98bn as previously reported

Mining

Amplats profit plunges, but debt falls and cash holdings rise

Amplats warns headline earnings for the six months to June are expected to fall 50%-70% to R745m-R1.24bn. Picture: SUNDAY TIMES
49 minute(s) ago

A weak rand mitigated price declines for the metals the world’s biggest platinum miner produces, while first-half output was hit by a safety stoppage

National

Confusion reigns in ANC over Marius Fransman

ANC Western Cape leader Marius Fransman. Picture: THE TIMES
4 hour(s) ago

Western Cape leader Marius Fransman insists he is ‘back on the job’ after denials by some key ANC members spark confusion

Retail & Consumer

Lewis investor battle escalates

Picture: THINKSTOCK
4 hour(s) ago

Shareholder activist Dave Woollam wants directors declared delinquent and company probed

Europe

Guardian hits record £173m loss after job cut charges

The entrance of the Guardian newspaper building in London on Tuesday. Picture: REUTERS
24 minute(s) ago

Guardian Media Group will announce a higher-than-expected full-year operating loss of £69m as the owner of The Guardian newspaper battles to bring its finances under control

Transport & Tourism

South African Express manager suspended for alleged bribe taking

LOOKING BETTER:  CEO Inati Ntshanga of South African Express, a loss-making state-owned airline, says the airline will report a R150m operating profit for the year to March. Picture: BUSINESS DAY
4 hour(s) ago

South African Express commercial GM Brian Tebogo van Wyk will remain suspended pending an investigation into misconduct allegations

African News

Zimbabwe not obliged to buy electricity from SA, says Eskom

Picture: THINKSTOCK
3 hour(s) ago

The possibility of Zimbabwe pulling the plug on its power imports heightened after a 49% tariff hike sought early in 2016 by Zimbabwe’s power utility company

Americas

Democratic Party chair resigns in wake of email leak

Debbie Wasserman Schultz. Picture: PATRICK T FALLON/BLOOMBERG
2 hour(s) ago

Emails suggest insider attempt to hobble the campaign of Bernie Sanders, Hillary Clinton’s rival in the White House primaries

Mining

Project authorisation lifts CoAL’s share price

Picture: ISTOCK
21 minute(s) ago

Coal of Africa’s share price jump nearly 9% to 75c on Monday morning after it announces its Makhado project has gained environmental authorisation

Zimbabwean President Robert Mugabe. Picture: REUTERS

NEWS ANALYSIS: War veterans spell bad news for Mugabe

Zimbabwe is slipping deeper and deeper into an economic crisis that could reconfigure its political landscape, writes Ray Ndlovu

Columnists

Apartheid authoritarianism and persistent racial and cultural bullying have created a persistent social immaturity, but no one but ourselves can get ...

ON THE WATER: Despite sins of the past SA has to move on

Columnists

Tim Cohen promo

Tim Cohen: ANC disrespects SA by championing the questionable Judge Siraj Desai

Public protector must be impeccable

Financial Services

NEWS ANALYSIS: Beneficiaries face conundrum over offshore tax disclosure

Picture: THINKSTOCK
4 hour(s) ago

New measures don’t necessarily let applicants off the hook for being investigated in some cases, writes Hilary Joffe

Transport & Tourism

African airlines ‘should dominate continent’s air space’

A South African Airways Airbus A320. Picture: SAA
1 hour(s) ago

Department of Transport says it is looking closely at South African Airways’ investment in aircraft as it wants African airlines to dominate Africa’s air space

Politics

POLITICAL WEEK AHEAD: Parties in final push for election

Hlaudi Motsoeneng.   Picture: SOWETAN
3 hour(s) ago

The Labour Court is due to deliver judgment on the firing of SABC journalists, writes Penelope Mashego

Industrials

Hulamin benefits from weaker rand

32 minute(s) ago

Aluminium supplier expects the momentum gained from improved manufacturing performance in the first half of 2016 to continue in the second half

Retail & Consumer

Sovereign puts off BEE vote until October

Picture: THINKSTOCK
4 hour(s) ago

The board plans to chart a new course after a possible shortfall of support for the BEE scheme

Picture: THINKSTOCK

EDITORIAL: HIV/AIDS fight not over yet

The global slowdown in the rate of new infections has stalled, and in 74 countries it is on the rise again

Financial Services

Pension-backed loans under scrutiny

LEAKAGES: Anne Cabot-Alletzhauser of Alexander Forbes. Picture: FINANCIAL MAIL
4 hour(s) ago

Administrators are closing the net on misuse, or ‘leakages’, of pension fund housing credits for big ticket items

Economy

ECONOMIC WEEK AHEAD: Jobs survey will be a barometer

Finance Minister Pravin Gordhan. Picture: THE TIMES
3 hour(s) ago

Economists strongly doubt employers have created more jobs in the second quarter as growth slows, writes Ntsakisi Maswanganyi

Property

Reits lure R20bn in new capital so far

Picture: THINKSTOCK
3 hour(s) ago

Most of the activity is being driven by rand-hedge counters looking to expand offshore

Middle East

Funerals begin for 80 killed in suicide attack during protest in Kabul

BURIAL:  People dig graves for the victims a day after Saturday’s suicide bomb attack in Kabul. According to reports, 80 people were killed when two explosions went off as thousands of people were protesting against the proposed route of a power line. Picture: EPA
3 hour(s) ago

The attack on a Hazara procession was among the worst in Afghanistan since the fall of the former Taliban regime in 2001

Labour

Action over salaries to heat up at Necsa

INDUSTRIAL ACTION:  The Pelindaba nuclear reactor plant near Pretoria. Necsa employees are poised to go on strike. Picture: THE TIMES
4 hour(s) ago

Unions down tools as the Nuclear Energy Corporation of SA battles increased financial stress with a range of unresolved management problems

Middle East

Iran carries out satellite dish cleansing project

An Iranian woman holds a poster of Iran's Supreme Leader Ayatollah Ali Khamenei in Teheran, Iran. Picture: REUTERS
3 hour(s) ago

Authorities in Tehran order the destruction of 100,000 ‘morally damaging’ satellite dishes

Asia-Pacific

Asean diplomats at odds over South China Sea dispute

Asean ministers show solidarity despite divisions over the South China Sea ruling, at the end of their meeting in Vientiane, Laos, on Saturday.  Picture: EPA/NYEIN CHAN NAING
3 hour(s) ago

Southeast Asian bloc deadlocked on South China Sea after Cambodia blocks statement

Industrials

Import duties help, says ArcelorMittal SA

Picture: REUTERS
3 hour(s) ago

SA’s largest steel maker says its Vanderbijlpark and Newcastle plants are at ‘improved capacity levels’ since the introduction of a 10% import duty

Telecoms & Technology

Telkom rings mobile use changes

Telkom CEO Sipho Maseko. Picture: FREDDY MAVUNDA
3 hour(s) ago

New data-driven packages point to a shift in customer needs, writes Thabiso Mochiko

Mining

AngloGold Ashanti rolls back to profit

Picture: BLOOMBERG/KIYOSHI OTA
3 hour(s) ago

The producer expects its interim earnings and headline earnings for the six months to end-June to increase up to 177%

Business

Analysts see Brexit buying opportunity for Growthpoint and peers

Picture: THINKSTOCK
3 hour(s) ago

While some JSE-listed property funds have taken a hit from UK exposure, others could benefit - though it may be too soon to make UK commitments

Industrials

Murray & Roberts to shed weak assets

Picture: REUTERS
3 hour(s) ago

Under-pressure construction sector focuses on core business to survive, writes Fifi Peters

Asia-Pacific

G-20 members vow to boost global growth

UNITED FRONT:  G-20 finance ministers and central bank governors including IMF MD Christine Lagarde, bottom second right, smile during a group photograph in Chengdu in China’s Sichuan province on Sunday. A communiqué said Brexit, which dominated discussions, had added to global uncertainty. Picture: REUTERS
3 hour(s) ago

G-20 policy makers vow to will use ‘all policy tools’ available to lift growth as Brexit weighs

Americas

Yahoo deal will lift Verizon advertising base

PENSIVE:  CEO of Verizon Wireless Lowell McAdam has plans to make the company a powerhouse in mobile media. Picture: REUTERS/JESSICA RINALDI
3 hour(s) ago

Verizon is expected to announce an agreement to buy Yahoo’s internet business for about $5bn in the next few days

View more

Cartoons

The Queen Mamohato Memorial Hospital in Maseru is a public-private partnership that has improved the quality of care for patients in Lesotho. Picture: SUPPLIED

Private partners can lift public health

Options must be tried to make healthcare equal to all in SA, writes Jacques Snyman

Opinion & Analysis

Women infected with HIV deserve support

Picture: THINKSTOCK
4 hour(s) ago

Disturbing statistics show HIV treatment is essential but not enough to stop the ongoing tsunami of new infections, writes Saul Johnson

Opinion & Analysis

Weight of research demolishes the arguments against a minimum wage

Rather than resulting in unemployment, some studies find that US states that raised their minimum wage had greater job growth. Picture: REUTERS
4 hour(s) ago

A minimum wage is a solid and effective tool that has direct and indirect benefits, writes Stephanie Luce

Courtnall Skosan (R) of the Lions scores a try despite tackle from Crusaders' Israel Dagg during the 2016 Super Rugby game between the Lions and the Crusaders at Ellis Park on Saturday.  Picture: EPA/RYAN WILKISKY

Confidence grows in the hunt for title

The Lions may have finished the game with two sumptuous tries but everything was born from their heavenly start

Other Sport

Russia spared Olympics blanket ban

Picture: THINKSTOCK
4 hour(s) ago

The International Olympic Committee defers to sports federations after damning Wada report on drug use during the Sochi 2014 Games

Other Sport

Froome in Tour hat-trick mood

UNDER ATTACK: Chris Froome at the start of Monday’s 16th stage after which he retained the yellow jersey. Picture: REUTERS/JEAN-PAUL PELISSIER
5 hour(s) ago

Chris Froome is first British rider to win three Tours and first man to retain title in more than 20 years

Rugby

Lions have ‘steel’ to go all the way, says Read

Kieran Read of the Crusaders tackled by Andries Coetzee of the Lions during the Super Rugby match between the Emirates Lions and Crusaders at Emirates Airline Park on July 23, 2016 in Johannesburg, South Africa. Picture: LEE WARREN/GALLO IMAGES
5 hour(s) ago

Team gets endorsement as title contenders from two men who, between them, have won four Super Rugby titles, Kieran Read and Todd Blackadder

Other Sport

Hamilton gets it all right at the start

Lewis Hamilton. Picture: REUTERS/ANDREW BOYERS
5 hour(s) ago

Hamilton, who has now won in Hungary a record five times, leads Rosberg by six points after 11 of the season’s 21 races

Opinion

Two more hurdles and Lions will have that champion look

Hard road ahead as Lions face New Zealand’s best three teams in three successive matches

Standard Bank

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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

Social networking service Twitter, which has finally cracked down on abusive behaviour by banning a user who led a campaign vilifying actress Leslie Jones. There is a difference between free speech and vitriol.

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Texas senator Ted Cruz, for resisting pressure to endorse Donald Trump’s nomination as Republican presidential candidate. Apart from the moral issue, association with the Trump brand is destined to be a political millstone.

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Sharks hooker Monde Hadebe, who has been banned from participating in all forms of rugby for four years after testing positive for steroids. What a senseless waste of a potentially stellar career.

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