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Picture: THINKSTOCK

Advtech shareholders, parents take firm stand against Curro bid

7 hour(s) ago

Advtech’s annual meeting of shareholders turns into rally against bid to merge owner of Crawford schools with mass education provider Curro Holdings

National

ANC axes four mayors in Mpumalanga
shake-up

Picture: SIMON MATHEBULA
2 hour(s) ago

Four ANC mayors have been axed in Mpumalanga where the party is trying to clean up its act before next year’s local government elections

National

Reports show new Denel chairman struck off attorneys roll

Picture: THINKSTOCK
3 hour(s) ago

Reports reveal High Court ruling had struck Daniel Mantsha off the roll of attorneys for his unprofessional behaviour, dishonesty and misappropriation of funds

Law & Constitution

Constitutionality of Expropriation Bill questioned in Parliament

Deputy Public Works minister Jeremy Cronin addresses the public hearings on the Expropriation Bill in Parliament on Tuesday.  Picture: TREVOR SAMSON
8 hour(s) ago

South African Institute of Race Relations says Expropriation Bill is inconsistent with Constitution, has not ruled out possibility challenging it

Energy

Eskom open to coal imports for new power stations

Koeberg nuclear power station at sunset.
7 hour(s) ago

Eskom is open to importing coal for plants it still plans to commission, coal conference hears

Telecoms & Technology

MTN shares drop on expectations of lower first-half earnings

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

Shares in MTN fall 5% as company says it expects drop in first-half earnings, blaming weaker exchange rate that hurt international business

Industrials

Mondi rallies to near-record high

Picture: THE TIMES
11 hour(s) ago

Packaging and paper group Mondi touches near-record highs on JSE after announcing first half earnings will increase even with once-off costs of €36m

Americas

White House says Snowden should ‘come home, be judged’

Former CIA computer technician Edward Snowden. Picture: REUTERS
5 hour(s) ago

White House rejects call to pardon Edward Snowden, saying former intelligence contractor should ‘be judged by jury of his peers’ for leaking US government secrets

National

DA calls for forensic probe into Sassa

Social Development Minister Bathabile Dlamini. Picture: TREVOR SAMSON
9 hour(s) ago

Democratic Alliance to ask auditor-general Thembekile Makwetu to conduct a forensic investigation into the South African Social Security Agency

Media & Advertising

Times Media Group welcomes three new executives

Picture: SUNDAY TIMES
7 hour(s) ago

Lisa MacLeod‚ Philani Mgwaba and Vernon Matzopolous will contribute to digital‚ broadcast and print divisions of company

Mining. Picture: THINKSTOCK

Transfer pricing is truly well regulated in SA

Chamber of Mines-commissioned report by Deloitte notes SA has adopted the best (Organisation for Economic Co-operation and Development) standards, writes Roger Baxter

Columnists

Different disciplines offer ‘different models’ of best practice in the bewildering phenomenon of the investment world, writes Michel Pireu

Why investors should cast their net wide

Columnists

Visit to Kenya by Barack Obama viewed as special homecoming by millions of Kenyans claiming him as one of their own, writes Muthoni Maingi

Obama’s visit seen as homecoming by Kenyans

Financial Services

Convergence Partners fund realises more than $200m

Picture: THINKSTOCK
2 hour(s) ago

Fund reaches its final close with capital commitments from institutions such as the Public Investment Corporation

Trade & Industry

New web-based docking system a boon for SA’s ports

The Mare Caribicum lies at anchor off Port of Ngqura . Picture: THE HERALD
2 hour(s) ago

South African harbours go hi-tech with the latest state-of-the-art information technology turning the country’s ocean gateways into smartports

Middle East

Nato backs Turkey on Islamic State as some urge peace with Kurds

Nato Secretary-General Jens Stoltenberg attends a Nato ambassadors meeting on Turkey at the Nato headquarters in Brussels, Belgium, on Tuesday. Picture: EPA/JULIEN WARNAND
5 hour(s) ago

Nato gives full support to Turkey with caveat as President Tayyip Erdogan says ‘not possible’ to continue Kurdish peace process

African News

Mozambican coal: boom to bust to wait it out

Picture: THINKSTOCK
5 hour(s) ago

Mozambique’s coal rush is officially over and government is now looking offshore to gas bonanza, according to analysts at coal conference in capital Maputo

Americas

GM to invest $5bn on new Chevrolet for emerging markets

Chevrolet cars are seen at a General Motors dealership. Picture: REUTERS
7 hour(s) ago

General Motors announces plans to introduce new family of cars under Chevrolet line targeting emerging markets and co-developed by Chinese partner SAIC Motor

Asia-Pacific

Air China to raise up to $1.93bn to fund aircraft order

Air China plane, with Chinese President Xi Jinping onboard, taxis shortly after landing in Ufa, Russia. Picture: REUTERS/BRICS/PHOTOHOST/RIA NOVOSTI
6 hour(s) ago

Air China aims to raise up to 12-billion yuan in private placement of A-shares to help fund purchase of 15 Boeing aircraft and upgrade its direct sales service

Pemex. Picture: BLOOMBERG/SUSANA GONZALEZ

China switching to African oil may lead to Saudi price cut

Weakness in Brent prompts China to buy more crude from Africa, but question now is how top exporters Saudi Arabia, Russia will respond to shifting dynamics

Labour

Union says retrenchment of miners in Mpumalanga will be ‘catastrophic’

Steel production. Picture: BLOOMBERG
8 hour(s) ago

Retrenchments at Glencore Optimum mine in Middelburg and Evraz Highveld Steel in Witbank will be catastrophic for economy‚ Cosatu says

Mining

Vedanta opens zinc mine in Northern Cape

Vendata. Picture: SUPPLIED
9 hour(s) ago

Vedanta plans to turn Southern African region into one of most important suppliers of zinc globally through Gamsberg project

African Business

Kenya Power to buy electricity from proposed wind farm

Wind farm. Picture: REUTERS/FABRIZIO BENSCH
6 hour(s) ago

Kenya Power signs agreement to purchase electricity from 100MW wind farm whose construction is expected to start later this year

Science & Environment

Poacher-hunting dog serves on frontline of SA rhino battle in Kruger

Picture: THINKSTOCK
13 hour(s) ago

In first half of this year, Killer has helped rangers to arrest more than 15 poachers in Kruger National Park as authorities try to keep rhino safe

National

Phiyega set to resist the push

National police commissioner Riah Phiyega. Picture: TREVOR SAMSON
17 hour(s) ago

Institute for Security Studies expert says National Commissioner Riah Phiyega’s responses show she lacks understanding of the gravity of the accusations against her

Europe

Alstom shells out again to keep GE deal on track

Picture: AFP
11 hour(s) ago

French engineering company to accept less than previously agreed for power turbines unit from General Electric as way to win antitrust clearance in Europe

Americas

Offshore wind power gets foothold in US

Wind farm. Picture: REUTERS/FABRIZIO BENSCH
12 hour(s) ago

Rhode Island’s Deepwater Wind begins installing foundations for North America’s first offshore wind farm

African News

Burundi presidential vote not credible, say UN observers

Burundi election line. Picture: AFP / PHIL MOORE
14 hour(s) ago

United Nations observer mission says presidential elections in Burundi last week relatively peaceful but not ‘inclusive free and credible’ vote

Europe

German regulator orders Facebook to allow pseudonyms

Facebook’s Innovation and Entrepreneurship Lab — inaugurated during the launching of the ‘Facebook in the Community’ project in Sao Paulo, Brazil. Picture: AFP
3 hour(s) ago

Forcing users to stick to their real names violates privacy rights, says German authority, while Facebook declares authentic names protects people safety and privacy

Labour

Union demands transport minister’s resignation

Minister of Transport Dipuo Peters. Picture: TREVOR SAMSON
12 hour(s) ago

South African Transport and Allied Workers Union calls for both transport minister Dipuo Peters to resign and for President Jacob Zuma to fire her

Industrials

Bulk property deal boosts AECI

AECI CEO Mark Dytor. Picture: MARTIN RHODES
12 hour(s) ago

Explosives and chemicals company says it delivered ‘creditable results’ in challenging local, international environment

Europe

Vodafone plans to cut up to 1,300 jobs in Spain

ASPIRATIONS: With potential buyers likely tied up with other deals, Vodafone will be on its own into building up out its internet infrastructure and restoring revenue growth.  Picture: BLOOMBERG
5 hour(s) ago

British telecom giant plans to lay off about a fifth of workforce, from its Spanish division, which bought cable provider ONO last year

Americas

Dutch law sinks drug tie-up

Teva International. Picture: BLOOMBERG/AKOS STILLER
10 hour(s) ago

Frustrated by months-long pursuit of Mylan, Teva announces it is abandoning effort and buying generic-drugs business of Allergan instead for $40.5bn

Cricket

Cricket legend Clive Rice dies after lengthy battle against brain cancer

Cricket legend Clive Rice. Picture: ROBERT BOTHA/BUSINESS DAY
10 hour(s) ago

Cricket legend Clive Rice, described as one of most formidable, gifted and competitive allrounders game has ever seen, dies after lengthy battle against brain cancer

Asia-Pacific

China pledges support after shares slump 8.5%

Picture: REUTERS
11 hour(s) ago

China will unleash more funds to stabilise its jittery share market, state media report, after Shanghai stocks post biggest daily fall for more than eight years

Europe

Diageo dissolves Heineken venture to go solo in SA

Alcohol consumption. Picture: THE TIMES
9 hour(s) ago

Diageo to dissolve venture with Heineken in SA, neighbouring Namibia three years earlier than planned so distiller can fully own its operations in those countries

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Cartoons

This image courtesy of New York Magazine shows the cover of the July 27-Aug 9, 2015 edition featuring 35 women who have accused Bill Cosby of sexual assault. Picture: AFP/AMANDA DEMME/NEW YORK MAGAZINE

Thirty-five of Bill Cosby’s alleged victims speak out

New York magazine cover story is largest exposé yet of alleged abuse from women who have publicly accused Bill Cosby of assault

Management

Seven ways to reinvigorate your job

Picture: THINKSTOCK
14 hour(s) ago

One is bound to fall into rut doing same tasks at same office with same people every day, but there are ways to reinvigorate your job

Innovation

Switched-on young innovators’ light bulb moment wins the prize

Pupils from Limpopo’s Risinga Secondary School with their Cell Switch device for which they won the national prize in an international competition for young innovators. Picture: SUPPLIED
17 hour(s) ago

The Cell Switch, invented by the pupils through their company Centronix, can switch household appliances on and off by sending an SMS, writes Edward Tsumele

Innovation

Big players banking on bitcoin tech to streamline operations

Bitcoin. Picture: REUTERS/BENOIT TESSIER
17 hour(s) ago

World’s biggest banks and companies reckon blockchain data could save them money by making the way they operate faster, more efficient and more transparent, writes Jemima Kelly

Innovation

SA car makers eye Nigeria despite tariffs

The Nissan plant in Rosslyn, Pretoria, where sister company Datsun hopes to announce the production of a new model in the next 18 months. Picture: ROBERT TSHABALALA
17 hour(s) ago

German car maker Volkswagen joins Nissan, Hyundai, Ashok Leyland and Iveco in Nigeria using an assembly plant owned by the Dubai-based Stallion Group

Health

Not an introvert or an extrovert? You may be an ambivert

Picture: THINKSTOCK
11 hour(s) ago

Personality traits of extroversion, introversion fall on spectrum, scientists are now taking closer look at overlooked category in the middle

Gadgets & Gear

Google gives up on Google+ as a Facebook rival

13 hour(s) ago

Technology company puts final nail in coffin of its ambition to make Google+ real competitor to leading social networks

Gadgets & Gear

Android flaw lets hackers break in with a text message

Picture: THINKSTOCK
14 hour(s) ago

Cyber security firm Zimperium warns of flaw in world’s most popular smartphone operating system that lets hackers take control with text message

Innovation

From old energy to new order

CEO and chairman of NRG Renew Africa Grant Pattison says a classic management dilemma is whether to outsource power generation. Picture: FREDDY MAVUNDA
17 hour(s) ago

Charlotte Mathews: Grant Pattison tells CEOs to deal with load shedding and get it off the agenda — then look at the future of energy costs

Opinion

VRROOM WITH A VIEW: Car companies will autocorrect their tech troubles

This industry moves so fast that any legislation will be comically out of date by the time they get round to passing it

Picture: THINKSTOCK

Long passage to India as relations thaw

Centrepiece of SA’s summer takes shape with the announcement of the fixtures for the tour to India

Rugby

Gold picks Du Toit for Sharks friendly

Pieter-Steph du Toit, centre, will play for the Sharks in a warm-up on Friday and has a chance of making the Springbok squad for the World Cup. Picture: GALLO IMAGES/CARL FOURIE
18 hour(s) ago

Gary Gold selects Springbok lock Pieter-Steph du Toit in Currie Cup warm-up game against the Golden Lions

Soccer

Rakhale provides the goal, Mhlongo keeps Bucs in it

Picture: THINKSTOCK
18 hour(s) ago

Winger Thabo Rakhale scores a superb goal in the second half for the win while Mhlongo makes sure of the victory

Other Sport

Legislate green light is relief for Hawkins

Picture: THINKSTOCK
17 hour(s) ago

Last season’s Durban July winner will definitely run in R1m Champions Cup at Greyville

Rugby

Bok skipper needs work, says WP coach

Jean de Villiers leaves the field on Saturday after his first match in nine months. Picture: EPA/NIC BOTHMA
17 hour(s) ago

WP coach John Dobson selective in his praise of Springbok captain Jean De Villiers

Cricket

Starc climbs into England over pitches

Australian fast bowler Mitchell Starc has accused England of not knowing what pitch they want for the third Test which starts at Edgbaston on Wednesday. Picture: REUTERS/PHILLIP BROWN
18 hour(s) ago

There have been suggestions England and Wales Cricket Board chiefs have ordered groundsmen to prepare deliberately slow surfaces

Soccer

Amagluglug to face Rwanda’s best

Picture: THINKSTOCK
18 hour(s) ago

SA’s under-23 team to warm up for their weekend Olympic Games qualifier against Zimbabwe with a match Tuesday night against Rwanda

Opinion

Cricket is also about smashing self-delusion to reality’s boundary

Cricketers are asked just as frequently to practise self-deception rather than opposition deception. And as millions of retired cricketers will testify, they need it

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

PetroSA chairman Nonhlanhla Jiyane. Leaked legal opinion indicates that the board’s bid to fire executives who were suspended following reports of a R15bn loss will fail due to the weakness of the case against them.

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Former spokesman for the presidency Mac Maharaj, whose claim that he advised President Jacob Zuma to pay back some of the Nkandla money makes him come across as the proverbial rat abandoning a sinking ship.

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Baron John Sewel, deputy speaker of the UK House of Lords, who faces the prospect of being the first peer to be expelled on the basis of a rule he introduced, after being filmed snorting cocaine off a prostitute’s breast.

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