• Tuesday, March 03 2015
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Mining

Strong operational performance boosts RBPlat

Picture: THINKSTOCK
9 minute(s) ago

But Royal Bafokeng Platinum warns production at Styldrift project has been pushed back by six months because of difficulties at shaft

Transport & Tourism

Transnet signs R13bn in loans for locomotives

Brian Molefe.  Picture: PUXLEY MAKGATHO
3 hour(s) ago

Rail and ports operator plans to invest more than R300bn in capital expenditure over a seven-year period

Labour

Cosatu meeting goes ahead despite boycott

Zwelinzima Vavi.  Picture: THE TIMES
3 hour(s) ago

Zwelinzima Vavi’s fate again hangs in the balance as his absence and prior disciplinary matters in spotlight on Tuesday

National

Nene’s establishment of SARS committee looks an astute move

Minister Nhlanhla  Nene flanked by SARS Commissioner Tom Moyane, Deputy Minister of Finance Mncebisi Jonas, and DG Lungile Fuzile as they arrive ahead of the 2015 Budget Speech. Picture: GCIS
3 hour(s) ago

Committee gives finance minister an excellent way to look more closely at what SARS commissioner Moyane is doing, and creates political distance

Energy

Rather-late-than-never Medupi fires up

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

Eskom says power station is producing electricity after delay of about four years, at nearly double initial budgeted project cost

Education

Underfunded students take frustration out on universities

PROBLEMS: Higher Education and Training Minister Blade Nzimande briefs the media on a probe of  allegations of exclusionary practices at North-West University. Picture: PUXLEY MAKGATHO
2 hour(s) ago

Institutions do not set NSFAS allocations, writes Wyndham Hartley

Americas

Kerry warns Netanyahu not to reveal details on Iran talks

Anti-Israel demonstrators, led by protest group Code Pink, wear masks of Israeli Prime Benjamin Netanyahu at the Aipac conference in Washington on Sunday. Picture: REUTERS/JONATHAN ERNST
2 hour(s) ago

Israel worries Iran and world powers will reach a deal to ease sanctions without applying sufficiently stringent nuclear controls

Mninwa Mahlangu.  Picture: SUNDAY TIMES

EDITORIAL: Wrong for the job

The wrong people are being appointed to senior positions for all the wrong reasons

Columnists

If every country added value to its own raw materials we would all be worse off, writes Trudi Makhaya

Beneficiate — but only when it is economic

Columnists

One of the greatest investors of all time attributes his success to his mentor Benjamin Graham, writes Michel Pireu

A top investor’s mentor’s ideas

Industrials

Joffe doubts PIC will sell Adcock

Brian Joffe. Picture: MARTIN RHODES
3 hour(s) ago

Industrial conglomerate lowers ambition of full takeover of Adcock Ingram following sharp rise in share price of struggling drug-maker

Economy

Manufacturing dips amid bleak outlook

Picture: THINKSTOCK
3 hour(s) ago

Kagiso purchasing managers index shows activity in manufacturing sector contracted for first time in four months as sector ‘takes strain’

National

Madikizela-Mandela’s Qunu house claim ‘baseless’

Winnie Madikizela-Mandela, ex-wife of former president Nelson Mandela, is seen at the FNB Stadium during Mandela's national memorial service in Johannesburg on Tuesday. Picture: REUTERS/SABC
3 hour(s) ago

The community of abaThembu and its chiefs supported the transfer of the land to Mandela

Retail & Consumer

Burger King banks on about 250 outlets

Picture: REUTERS
3 hour(s) ago

Aggressive expansion has been held back by the various approvals required by the respective municipalities

Finance Minister Nhlanhla Nene delivers his budget speech in Cape Town  on Wednesday. Picture: BUSINESS DAY/TREVOR SAMSON

EDITORIAL: Public sector wage hike a test for ANC

Significant growth in the head count and pay packets have not been accompanied by improvements in
service delivery

National

Zuma appoints Visagie as acting SIU head

Picture: THINKSTOCK
15 hour(s) ago

President Jacob Zuma appoints advocate Gerhard Wilhelm Visagie as acting head of Special Investigating Unit, the Presidency announces

National

Taljaard praised for her contribution at IEC

Raenette Taljaard.   Picture: SUNDAY TIMES
12 hour(s) ago

Independent Electoral commissioner’s resignation is the second-highest profile resignation following that of chairwoman Pansy Tlakula in September 2014

Telecoms & Technology

Selling spectrum ‘will help subsidise set-top boxes’

Picture: THINKSTOCK
12 hour(s) ago

National Association of Manufacturers in Electronic Components urges government to conclude spectrum licensing and use funds for digital television migration

National

Gauteng agency to ‘solicit partnerships’ to fund economic corridors

Gauteng finance MEC Barbara Creecy. Picture: VELI NHLAPO/SOWETAN
17 hour(s) ago

Gauteng Infrastructure Financing Agency will solicit partnerships with private investors to fund five economic corridors over next three years, finance MEC says

National

More Hawks members suspended

Shadrack Sibiya. Picture: IOL
18 hour(s) ago

Directorate says four more members have been suspended in connection with alleged illegal rendition of four Zimbabweans

Growth Engines

Got a technical problem? Hire a supercomputer — by the hour

A small business in Johannesburg hit upon the idea to rent out a supercomputer like the one in this picture on a pay-per-use basis. It now lists international clients including universities in the US, Israel and Canada.  Picture: THINKSTOCK
2 hour(s) ago

CrunchYard offers high-performance computing that extends an engineering simulation service over the internet on a pay-per-use basis, writes Samuel Mungadze

Europe

EU pushing for unity to end row over Greek prime minister comments

Alexis Tsipras. Picture: REUTERS/YANNIS BEHRAKIS
15 hour(s) ago

EU tries to mediate in simmering row between Greece and eurozone partners Spain and Portugal after Alexis Tsipras accuses them of undermining debt talks with Brussels

Financial Services

Santam expands to life insurance

Picture: GALLO IMAGES/CHARLES GALLO
3 hour(s) ago

Less adverse weather last year compared to previous years also helped Santam generate better margins

Cricket

England suffers ‘worse’ defeat to Sri Lanka

Picture: THINKSTOCK
3 hour(s) ago

Loss against New Zealand was bad, but defeat to Sri Lanka was much more damaging, says former captain — though team can still progress to the quarterfinals

African News

Namibian president wins Mo Ibrahim African leadership prize

Namibian President Hifikepunye Pohamba embraces his South African counterpart, Jacob Zuma.  Picture: THE TIMES
18 hour(s) ago

Hifikepunye Pohamba wins $5m African leadership prize, an award meant to recognise good governance that has been presented only three times in eight years

Innovation

The internet — and a piece of satellite — is everybody’s right

A KAT-7 satellite.  Picture: NADEEM OOZEER
2 hour(s) ago

For the past dozen years Greg Wyler has been connecting ‘the other 3-billion’ — the half of the world’s population that for various reasons is not online

Motoring

Durban Top Gear festival cancelled

Top Gear presenters Jeremy Clarkson, Richard Hammond and James May talk up a storm in Durban during the festival. Picture: NCE MKHIZE
1 hour(s) ago

An alternative Top Gear Live event will be held in Johannesburg

Americas

Bill Gates still world’s richest man, Forbes says

Bill Gates. Picture: BLOOMBERG
15 hour(s) ago

Billionaire philanthropist Bill Gates keeps his spot as world’s richest man, a rank he has held for 16 of past 21 years, Forbes magazine says

Europe

New coin portrait of Britain’s Queen Elizabeth unveiled

The new coin portrait of Britain's Queen Elizabeth II on a £2 coin. Picture: AFP
15 hour(s) ago

The portrait is the fifth of the 88-year-old queen to appear on coins since she came to the throne in 1952, and the first since 1998

View more

Cartoons

Protesters burn an ANC T-shirt last month in Malamule, Limpopo, last month.  Picture: SUNDAY TIMES

Borders to municipal protests

Intervention in Malamulele case promises much, write Kevin Allan and Karen Heese

Innovation

Smart trucks know how to get themselves in line

Smart trucks reduce the number of trips as larger payloads can be handled without increased road wear and they could reduce congestion on major corridors. Picture: SUPPLIED
3 hour(s) ago

South African initiative is unique as a comprehensive database comparing smart trucks to their baseline counterparts, write Frank Kienhöfer and Paul Nordengen

Growth Engines

Poynting the way to business symbiosis

A small business in Johannesburg hit upon the idea to rent out a supercomputer like the one in this picture on a pay-per-use basis. It now lists international clients including universities in the US, Israel and Canada.  Picture: THINKSTOCK
2 hour(s) ago

It’s so much about service — in engineering, service becomes the key thing, writes Samuel Mungadze

Opinion

VRROOM WITH A VIEW: Hike in fuel levy is a sucker punch to an already swooning Eskom

South Africans are forced to pay high taxes but are not getting their money's worth, especially when it comes to power supplies

Granwald Scott  (left) and Bantu Mzwakali tussle for the ball during the Ajax Cape Town training session at Ikamva in Cape Town on Monday. Picture: GALLO IMAGES/GRANT PITCHER

De Sa has ‘distracted’ Chiefs in cross hairs

Ajax coach sees chance against a fatigued Amakhosi, distracted by the African Champions League

Cricket

Controversial Behardien stands in for Steyn at SA media conference

Proteas middle-order batsman Farhaan Behardien practises in the nets on Monday for their Cricket World Cup pool match against Ireland in Canberra on Tuesday. Picture: AFP PHOTO, PETER PARKS
3 hour(s) ago

Apparently, the fires near Dale Steyn’s home at Stonehurst in Cape Town prevented him from talking to reporters

Soccer

Defeated Wits ‘have less to worry about’

Ramahlwe Mphahlele. Picture: GALLO IMAGES/LEFTY SHIVAMBU
3 hour(s) ago

Sundowns were beaten 3-1 at Bidvest Stadium last season, but the defending champions will fancy their chances of winning on Tuesday

Opinion

Bounce of the global cricket pitch still goes in favour of big teams

Picture: THINKSTOCK

There are some do-or-die games imminent, even before we get to the knockout quarterfinals

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The Third Umpire

Labour Minister Mildred Oliphant, for suppressing a forensic report that found that her adviser, Herbert Mkhize, had misappropriated more than R1m in public funds for his personal use while he was Nedlac executive director.

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Water Affairs and Sanitation Minister Nomvula Mokonyane, for hiring 34 Cuban engineers at R50m a year, when there are hundreds of qualified and unemployed South Africans who could do the job.

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Russian President Vladimir Putin. Denying responsibility for the murder of arch-critic Boris Nemtsov is all very well, but trying to deflect responsibility to the opposition itself, or “provocation” by the West, is pushing credulity.

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