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Retail & Consumer

Foreign exchange losses take toll on Richemont

A pedestrian walks past a Cartier store, operated by Richemont, as it stands illuminated at night in Shanghai, China. Picture: BLOOMBERG
1 hour(s) ago

Swiss-based luxury goods group posts drop in full-year net profit due to foreign exchange losses after Swiss National Bank ends peg of Swiss franc to euro

National

New Agoa deal expects more of SA but offers less, says Davies

Trade and Industry Minister Rob Davies launches the Buy SA Back campaign to increase South African exports to the rest of the continent, in Sandton on Tuesday. Picture: PUXLEY MAKGATHO
6 hour(s) ago

Trade and Industry Minister Rob Davies for the first time shows his disillusionment over African Growth and Opportunities Act concessions

National

Motorists must pay e-tolls to help state pay debt, says Momoniat

Ismail Momoniat. Picture: ROBERT TSHABALALA
1 hour(s) ago

Motorists using Gauteng’s freeways should pay for e-tolls to help state meet debt obligations and avoid ratings downgrades, says Treasury deputy director-general

National

State to provide ‘open access’ broadband

Siyabonga Cwele. Picture: TREVOR SAMSON
6 hour(s) ago

Government has designated Telkom as lead agency in the rollout of its broadband programme amid some controversy

Financial Services

Investec makes up on tough few years

Investec. Picture: MARTIN RHODES
6 hour(s) ago

Investec is in the best position it has been since the mid-2000s, says CEO Stephen Koseff

Energy

Eskom announces early load shedding

Picture: THINKSTOCK
5 hour(s) ago

Power utility implements stage 1 load shedding from 6am

National

‘Political interference’ blocked TRC prosecutions

Former national director of public prosecutions Vusi Pikoli says political interference was behind the lack of prosecutions after the Truth and Reconciliation Commission process. Picture: THE HERALD/JUDY DE VEGA
6 hour(s) ago

The almost total dearth of prosecutions for apartheid-era crimes continues to rankle

Zimbabweans stand in queues at a Department of Home Affairs office in Johannesburg. Refugees are again under strain after the attacks in 2008. 
This is not because of large numbers streaming into SA but rather due to the department’s lack of clear vision over its refugee and immigration policy. File picture: SUNDAY TIMES

Policy rethink must consider SA’s need for skills dividend

South Africa’s migration policy must be considered in the context of the national imperative of growth, employment and skills, writes Ann Bernstein

Columnists

Simon Lincoln Reader: Lib Dems believed the pursuit of greater representation relied upon impeding energy development — and they have paid at the ...

Tory victory is one for all right-thinking people

Columnists

Michael Fridjhon promo

Winemakers are keeping up with craft liquor trend to maintain their revenue stream, writes Michael Fridjhon

Winemakers jumping on craft bandwagon

Politics

NEWS ANALYSIS: ANC’s shaky hold on metros may cost it dearly next year

Picture: DAILY DISPATCH
6 hour(s) ago

Radical plans such as appointing Danny Jordaan will not save it from the damaging effects of a shrinking economy, writes Setumo Stone

National

eNatis unable to police e-toll payments, says Outa

PAY UP: An e-toll gantry on the N1 through Pretoria. Picture: SUNDAY WORLD
6 hour(s) ago

Beleaguered electronic National Traffic Information System comes under fire for flawed billing and policing

Education

Our right to learn is under siege

Basic Education Minister Angie Motshekga has, according to media reports,  said that ‘ensuring every student had every textbook by the first day of school amounts to a level of perfection that is not standard requirement from government’. Picture: GCIS
5 hour(s) ago

Government is behaving oddly about textbook saga, writes Kate Van Niekerk

Motoring

How your car could put you in a data jam

Picture: THINKSTOCK
5 hour(s) ago

Machine-to-machine connections on mobile networks will have jumped almost 10-fold to 2.3-billion from 250-million last year

Transport minister Dipuo Peters, left, and Deputy President Cyril Ramaphosa brief the media regarding the new e-tolls dispensation on Wednesday.  Picture: TREVOR SAMSON

Distrust hurdle to e-toll buy-in by motorists

The major hurdle to ‘user pays’ buy-in is the track
record of the administration — if the user pays,
the state must give the user what he has paid for, writes Michael Fridjhon

African Business

Disease, violence take toll on African tourism

Picture: THINKSTOCK
29 minute(s) ago

Ebola, terrorist attacks and violence against foreigners are striking heavy blow against Africa’s increasingly critical tourism industry

Transport & Tourism

Tsogo may split off property assets

Casino. Picture: DAILY DISPATCH
6 hour(s) ago

Envisaged listing would rank the specialised Reit among the biggest real estate counters on the JSE

Transport & Tourism

Gibela Rail confident of meeting 2017 target

Lucky Montana, left, group CEO of Prasa, and Gibela Rail MD Marc Granger are optimistic about the regulatory progress being made towards delivering the first 20 trains being built in Brazil. File picture: MARTIN RHODES
6 hour(s) ago

Programme on track despite claims of nepotism in empowerment deals, writes Nicky Smith

Healthcare

Aspen agrees to sell portfolios to Strides in Singapore and India

23 hour(s) ago

Aspen Pharmacare Holdings says transactions form part its strategy to focus attention on areas where most value can be added

National

All set for economic diplomacy academy

International Relations and Co-operation Minister Maite Nkoana-Mashabane briefs the media after delivering her vote speech in Parliament on Tuesday. Picture: TREVOR SAMSON
6 hour(s) ago

Economic diplomacy competency training as part of the state’s National Development Plan ‘on track’

Financial Services

Niveus changes its dividend policy amid licence worries

6 hour(s) ago

Niveus originally indicated a willingness to pay half its headline earnings out in dividends

Politics

Mazibuko earns master’s degree from Harvard

DA parliamentary leader Lindiwe Mazibuko. Picture: SOWETAN
19 hour(s) ago

Former Democratic Alliance parliamentary leader Lindiwe Mazibuko celebrates Masters of Public Administration degree from Harvard

African News

Former Lesotho PM flees a second time

Lesotho Prime Minister Tom Thabane. Picture: ARNOLD PRONTO
6 hour(s) ago

Lesotho opposition leader Thomas Thabane flees to Botswana after suspected assassination plot

Media

Editors assure ANC on digital content regulation

Picture: THINKSTOCK
14 hour(s) ago

SA National Editors Forum says draft code, as well as a mooted media council to deal with complaints, will be discussed at its AGM in July

Americas

Hewlett-Packard says split will cost billions

7 minute(s) ago

Hewlett-Packard’s upcoming split into two separate companies will cost billions — but there will be $1bn in cost savings too, company says

Health

SA looks to Chinese model for government-owned medicine producer

Minister of Home Affairs Naledi Pandor. Picture: GCIS
6 hour(s) ago

Government remains commitment to state-owned pharmaceutical company and will emulate China’s approach of earmarking a share of state contracts for such businesses

National

Minister Mokonyane vows to replace bucket toilets

Nomvula Mokonyane. Picture: SOWETAN
5 hour(s) ago

New toilets will not necessarily flush using fresh water, as the department is elevating the use of recycled water and dry sanitation solutions

Energy

Sacoil in red after portfolio rationalisation

Oil refinery. Picture: THINKSTOCK
5 hour(s) ago

Company goes to court to reclaim R3.3m plus interest linked to former CEO Robin Vela’s unpaid taxes

Europe

Merkel ready with carrot and stick for EU summit in Riga

German Chancellor Angela Merkel at a cabinet meeting in Berlin on Wednesday. On Thursday she told the German parliament that Russia had to mend its ways. File picture: AFP PHOTO/JOHN MACDOUGALL
6 hour(s) ago

German Chancellor Angela Merkel makes clear Russia has no reason to fear closer ties between the 28-nation bloc and six of its Soviet-era satellites.

Economy

Nene worried forex probe may expose risks in banking system

Nhlanhla Nene. Picture: TREVOR SAMSON
22 hour(s) ago

Finance minister worried probe into foreign exchange currency manipulation may expose risks in banking system, as he prepares to meet with central bank

Asia-Pacific

Chinese factory activity slows for third month

Workers produce clothes in a factory in Huaibei, in China’s Anhui province, this week. The latest purchasing managers’ index, released on Thursday, presents a mixed picture. Amid general weakness, domestic demand may be showing signs of stabilising. Picture: AFP PHOTO
5 hour(s) ago

Latest HSBC PMI data reinforces analysts’ views that Beijing has to take bolder steps to combat a protracted slowdown

Property

Property sector ‘slow to transform’

Amelia Beattie, chief investment officer of Stanlib Direct Property Investments. Picture: FINANCIAL MAIL
20 hour(s) ago

South African Property Owners Association wraps industry over knuckles for failing to promote broad-based black economic empowerment initiatives

Transport & Tourism

Western Cape wants more direct flights into province

A signboard at Cape Town International Airport  displays cancelled international flights in this 2010 file photo.  Picture: SUNDAY TIMES
20 hour(s) ago

Provincial economic development and tourism department is developing air access strategy with Wesgro, City of Cape Town, Airports Company SA

View more

Cartoons

A Joburg Ballet member gives  a performance at the Gautrain Station in Sandton. Picture: SUSANNE HOLBAEK

Afrikaner ballet diplomat gets Joburg twirling

Ballet is not a job for wimps and now more than ever the art form needs its defenders

Travel & Food

How ‘Satan’ took me to the holy sites and Buddha Cave in Laos

Ban Konglor is a sleepy  agrarian town in southern Laos with a good selection of budget accommodation for visitors to the nearby Konglor Caves.   Pictures: LISA JOHNSTON
5 hour(s) ago

The rest of the route was not easy, as naming the scooter Satan, that got me to the Konglor Cave, writes Lisa Johnston

Books

BOOK REVIEW: The Fetch

Picture: THINKSTOCK
5 hour(s) ago

Finuala Dowling combines warmth, wit and comedy in her rendering of life in an emblematic Cape coastal town, writes Leon De Kock

Books

Seven books Bill Gates thinks you should read this year

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

Always topical, informative and highly enjoyable Gates’ reading list this year takes a deliberately lighter slant

Arts & Entertainment

Engaging the senses to hone persuasive powers

South African mentalist  Gilan Gork has written a book exposing psychics’ methods. Picture: SUPPLIED
5 hour(s) ago

Gilan Gork says the more we are able to influence people and persuade them ethically, the more effective we can be in our lives, writes Lesley Stones

Books

BOOK REVIEW: A country boy’s tale of making it in the big city

Picture: THINKSTOCK
5 hour(s) ago

Defying the odds is the only option if you’re looking to make it in Johannesburg’s concrete jungle

Opinion

HALF-ART: Narcissistic Venice piece lacking in nuance and intellect

Willem Boshoff, Racist in South Africa, 2011 Anodised aluminium panel, engraved and filled with ink. This is Boshoff’s contribution to the South African Pavilion at the Venice Biennale, a work he says speaks for itself. Picture: WILLEM BOSHOFF

When I look to SA’s artists, I expect to see nuanced and not narcissistic responses to our social and political challenges

Opinion

LIQUID INVESTMENTS: More marketing than craft as winemakers get on bandwagon

Winemakers are keeping up with craft liquor trend to maintain their revenue stream

Bafana Bafana coach Ephraim 'Shakes' Mashaba arrives with the South African national team at OR Tambo International Airport on January 31.  Picture: GALLO IMAGES / LEFTY SHIVAMBU

Shakes upbeat ahead of Bafana’s Cosafa Cup clash

SA are being careful not to underestimate their Southern African competition

Soccer

Banyana set off on long road to Rio

6 hour(s) ago

First leg of the first-round tie will be followed next weekend by the return match in SA

Rugby

Bulls must beat Chiefs to secure home play-off spot

Pierre Spies.  File Picture: GALLO IMAGES, LEE WARREN
6 hour(s) ago

Pretoria side has indicated through captain Pierre Spies they have their eyes set on securing a home play-off spot

Soccer

Xavi’s magic will be missed by all

Barcelona midfielder Xavi Hernandez, left, and teammate Andres Iniesta celebrate winning the championship and the game after the La Liga match against Atletico Madrid at the Vicente Calderon Stadium on Sunday. Picture: AFP PHOTO/CESAR MANSO
5 hour(s) ago

Midfield maestro Xavi Hernandez announces he is leaving Barca after more than two decades with the Catalan club he joined at the age of 11

Rugby

Lions remain wary of Cheetahs’ attack

Robbie Coetzee of the Lions during the training session on Thursday. Picture: LEE WARREN/GALLO IMAGES
6 hour(s) ago

Captain Warren Whiteley, one of the players coach Johan Ackermann cannot do without, also expects rivals will be dangerous on attack

Soccer

Hummels opts to stay at Dortmund

Mats Hummels. Picture: AFP PHOTO/ODD ANDERSEN
5 hour(s) ago

No transfer for Germany defender Mats Hummels after he turns down approach from English league giants Manchester United

Other Sport

New studs to keep Summerhill on top

ON THE HOOF:  Fewer mustangs run wild than are held in corrals. Picture: THINKSTOCK
5 hour(s) ago

Champion thoroughbreds Capetown Noir and Linngari, who probably earned more air miles than Gary Player during his career, on stud duty

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The Third Umpire

Trade and Industry Minister Rob Davies, for eating humble pie in reversing the department’s shock decision to reduce the value attributed to broad-based BEE schemes. A sledgehammer to kill a fly, indeed.

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Oceana CEO Francois Kuttel. The group is on track to become one of the biggest fishing companies in the world after acquiring Louisiana-based Daybrook in a R4.6bn deal that will double revenues earned outside SA.

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Banyana stalwart Portia Modise, SA’s most capped female footballer and most successful player of either gender in terms of goals scored in international matches, who has hung up her boots to start coaching.

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