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Markets

Red Monday for JSE on slightly stronger rand

Picture: REUTERS
15 minute(s) ago

Shares in Tokyo soared on Monday morning as the yen weakened, but most other stock markets trading ahead of the JSE were red

Energy

Brian Molefe hardens stance against independent power producers

Brian Molefe. Picture: TREVOR SAMSON
1 hour(s) ago

Eskom’s head backtracks on the state’s renewed commitment to its renewable energy programme

Transport & Tourism

NEWS ANALYSIS: Who told minister to scupper Prasa fraud probe?

Transport Minister Dipuo PetersPicture: TREVOR SAMSON
1 hour(s) ago

Prasa board chairman Popo Molefe and Transport Minister Dipuo Peters appear to be at loggerheads over how to handle allegations of fraud and claims the ANC is a key beneficiary of irregular transactions

National

Zuma not asked to chair body

GREY AREA:  The standoff over the SAA board, over which the president and Finance Minister Pravin Gordhan cannot agree, is a case in point in the battle over board appointments. Picture: BUSINESS DAY
1 hour(s) ago

Review committee did not recommend the president oversees state-owned companies — as Zuma’s office claimed after public outcry over power grab

Business

Gidani in renewed bid to wrest lottery licence from rival

Picture: CLEMENT LEKANYANE
1 hour(s) ago

Gidani resumes its court battle against current operator Ithuba’s capacity to ‘reinvigorate’ the Lotto

Politics

POLITICAL WEEK AHEAD: No let-up in attention on Gordhan-Hawks battle this week

Pravin Gordhan. Picture: THE TIMES
1 hour(s) ago

Jacob Zuma’s return from visits abroad will revive talk of Cabinet reshuffle, writes Linda Ensor

Mining

Northam to double its output in deeply afflicted PGMs sector

Picture: SUPPLIED
1 hour(s) ago

Northam CEO Paul Dunne cites years of low investment in the sector for its rather gloomy view of overall production from SA

Economy

ECONOMIC WEEK AHEAD: Private sector credit data to dominate indicators

Cyril Ramaphosa. Picture: GCIS
1 hour(s) ago

Credit extension data likely to have moderated given the financial pressure on consumers, writes Claire Bisseker

Finance Minister Pravin Gordhan. Picture: THE TIMES

EDITORIAL: Courting ratings downgrade

Hawks risk damage with action against Finance Minister Pravin Gordhan

Columnists

Gavin Keeton

SA falls short of providing most young people with the skills they need today, let alone an increasingly mechanised future, writes Gavin Keeton

Enemy is poor education, not mechanisation

Columnists

SA’s two big political parties are, by natural political selection, carving out for themselves their own universes, writes Gareth Van Onselen

DA and ANC call to distinct powerbases

Property

Makeover of square aimed at students

Picture: THINKSTOCK
1 hour(s) ago

Respublica’s Hatfield Square project is the biggest one-phase student accommodation project in Africa

Energy

No conclusive Treasury report on Gupta coal deals, says Eskom

Picture: REUTERS
13 hour(s) ago

Eskom says the National Treasury’s findings into its coal contracts are inconclusive — including a reported deal worth R134m involving a Gupta-owned mining company for coal the power utility could not use

National

Baleka Mbete blames leaders for ANC decline in Western Cape

Baleka Mbete. Picture: BUSINESS DAY
1 hour(s) ago

ANC national chairwoman says the party needs to re-engineer its branch structures and do away with the ‘foreign culture’ of greed

National

Guptas are like rats abandoning a sinking ship, says DA

Atul Gupta. Picture: ROBERT TSHABALALA
17 hour(s) ago

Parties react strongly to reports that the Guptas intend selling off their businesses, with EFF urging the Guptas to ‘pack their bags and leave SA’

National

NPA quashes reports of Gordhan’s imminent arrest

Pravin Gordhan. Picture: ALON SKUY/THE TIMES
15 hour(s) ago

National Prosecuting Authority denies media reports that the Hawks could soon charge the finance minister for corruption in a case linked to a covert investigative unit set up within SARS

Japan's Prime Minister Shinzo Abe, left, greets the chairperson of the AU Idriss Deby at the sixth Tokyo International Conference on African Development in Nairobi, Kenya, on Saturday. Picture: REUTERS

African samurai Yasuke caused a stampede

The 16-century African samurai from northern Mozambique was held in awe for his height and dark skin in Japan, writes Rob Attwell

African News

Japan premier leads conference bid to woo Africa

Japanese Prime Minister Shinzo Abe speaks at the Sixth Tokyo International Conference on African Development in Nairobi, Kenya, on Sunday. Picture: EPA/DAI KUROKAWA
1 hour(s) ago

Shinzo Abe hopes Japanese corporates will shake up Africa’s trade dynamics after years of aggressive Chinese encroachment

Rugby

Springboks’ decline to mediocre Test team almost complete

NO MISTAKES: Springbok scrumhalf and captain Fourie du Preez passes the ball during a training session in Teddington, west London on Tuesday. The skipper wants the Boks to have a healthy halftime lead against the USA on Wednesday. Picture: AFP
15 hour(s) ago

Boks first ever defeat in Argentina shows they are just another mediocre Test team capable of the odd upset, writes Craig Ray

Economy

Trade data likely to show another surplus in July

A loading crane straddles a freight rail track at Transnet’s container handling terminal at City Deep inland port in Johannesburg. Picture: BLOOMBERG
15 hour(s) ago

Economist says SA’s trade account is forecast to have yielded a R5bn surplus in July‚ following surpluses of R18.4bn in May and R12.5bn in June

National

Guptas to sell all their SA assets by year-end

From left: Ajay Gupta younger brother Atul Gupta and Oakbay MD Jagdish Parekh and Duduzane Zuma , who is a son of the president. Picture: MARTIN RHODES
1 day(s) ago

The politically connected family says its South African businesses have done well since family members resigned from executive and nonexecutive posts

Asia-Pacific

Japan pledges $30bn for Africa

Japan's Prime Minister Shinzo Abe, left, greets the chairperson of the AU Idriss Deby at the sixth Tokyo International Conference on African Development in Nairobi, Kenya, on Saturday. Picture: REUTERS
1 day(s) ago

Investment is for ‘Japan and Africa to grow together’, Japanese PM Shinzo Abe tells Ticad conference

National

Time is running out to ensure the youth wage subsidy is extended

Prospective job seekers queue to be registered outside the Alberton Civic Centre during a youth job creation initiative in June.  Picture: THE SOWETAN
2 day(s) ago

The Employment Tax Incentive reduces the cost to employers of hiring young people through a reduction in the pay-as-you-earn employee tax

Property

Cape Town’s property price growth ‘third highest in the world’

Picture: SUNDAY TIMES
2 day(s) ago

Property consulting company Knight Frank said Cape Town’s annual price growth came in behind only those of Vancouver and Shanghai

Energy

Eskom asks to extend end period for comment on nuclear installations

Koeberg nuclear power station. Picture: SUNDAY TIMES
2 day(s) ago

Outa has accused Eskom of ‘hiding’ notices calling for comment in provincial gazettes and a limited array of newspapers and of shortening the period for comment

Transport & Tourism

Local content in building locomotives disputed

ROLLING ON: Locomotives on a production line. The South African Bureau of Standards has been assigned to verify local content in the locomotives. Picture: SUPPLIED
1 hour(s) ago

There’s no clear indication how compliance monitoring will track local content to ensure suppliers benefit from the multibillion-rand project

Science & Environment

State’s tardy approach to emissions under fire

Picture: REUTERS/PAWEL KOPCZYNSKI
1 hour(s) ago

The government’s failure to implement its climate change policy exposes the economy and financial institutions to ‘unnecessary risk’, say civil society groups

National

NEWS ANALYSIS: Zuma’s power checked by backlash over Gordhan probe

TOUGH TALK: Minister of Finance Pravin Gordhan speaks to President Jacob Zuma at the meeting held at the Union Buildings in Pretoria on Wednesday. Picture: GCIS
1 day(s) ago

Opposition parties and analysts have speculated that the president may use the probe into Pravin Gordhan to install a more compliant head of the Treasury

Africa

Africa is steering its own destiny, Jacob Zuma says in Nairobi

President Jacob Zuma, right, talks to Senegalse counterpart Macky Sall during a break at the sixth Tokyo International Conference on African Development in Kenya's capital, Nairobi, on August 27, 2016. Picture: REUTERS
1 day(s) ago

The president, in Kenya for the sixth Tokyo International Conference of African Development, says the continent has changed since TICAD was launched

National

Gordhan a victim of a political ploy — SACP

Finance minister Pravin Gordhan puts the finishing touches to the 2016 budget presentation. Picture: TREVOR SAMSON
16 hour(s) ago

Charges designed as a pretext to remove Gordhan from office and weaken Treasury’s struggle against corruption, the South African Communist Party says

Other Sport

Kenyan officials arrested in Rio games investigation

AFTER THE EVENT: People walk past the Tennis Centre in Olympic Park a day after the closing ceremony of the Rio 2016 Olympic Games, in Rio de Janeiro, on Tuesday.  REUTERS/BRUNO KELLY
1 day(s) ago

Investigators dig into a series of scandals and embarrassments at the Rio games

National

Joburg mayor starts skills audit — in his own office

Herman Mashaba. Picture: SUPPLIED
2 day(s) ago

Mayor Herman Mashaba has started having discussions with senior people to see if they have the requisite skills to ensure that they can service his office

View more

Cartoons

Sorisha Naidoo, left to right, in 2016 and 2001. Naidoo is a skin-lightening cream businesswoman. Picture: SUNDAY TIMES

Fix your skin, black woman. Then you can belong

There’s a multimillion-rand industry whose entire raison d’être is hinged on discolouring black women, writes Xolisa Phillip

Telecoms & Technology

Innovation agency CEO works on bringing stability

Technology Innovation Agency CEO Barlow Manilal. Picture: ROBERT TSHABALALA
1 hour(s) ago

Technology Innovation Agency CEO is laying out his plans for the future. Again, writes Sarah Wild

Travel & Food

Keeping the fynbos heritage alive

Rudy and Marietjie Visser have re-energised the Cape Floral Kingdom Expo in Bredasdorp to showcase the beauty and diversity of the province’s fynbos and to promote conservation efforts. Picture: LESLEY STONES
1 hour(s) ago

Conservation-focused fynbos show reawakens to promote the beauty and diversity of SA’s heritage, writes Lesley Stones

Opinion

Mentorship app run by youth agency gives Zuma trouble with numbers

Picture: REUTERS

An app designed to bring young entrepreneurs and business mentors together fails to deliver the goods

CHAMPION:  Andy Murray is confident he can win a second US Open title in 2016. Picture: GETTY IMAGES

Murray set to pounce in New York

World No2 in top form ahead of US Open

Rugby

Michael Cheika frustrated as Franks escapes citing

SLIPPERY:  All Black prop Owen Franks looks for support as he beats Australian captain Stephen Moore, right, and Samu Kerevi. Picture: BACKPAGEPIX/ANDREW COMAGA
10 hour(s) ago

The Wallabies coach hoped action would be taken after video footage shows All Blacks prop Owen Franks’s transgression

Rugby

Premiership bosses criticise ‘ludicrous’ Lions schedule

Picture: THINKSTOCK
2 hour(s) ago

In an age of ever-more gruelling seasons, there are widespread concerns the English rugby team will have insufficient time to prepare for southern hemisphere giants

Soccer

Rashford delights Mourinho with late winner for United

FUTURE LOOKS BRIGHT:  Marcus Rashford, centre, celebrates with Zlatan Ibrahimovic, right and Wayne Rooney after scoring their late winning goal against Hull on Saturday. Picture: REUTERS/ LEE SMITH
2 hour(s) ago

Marcus Rashford unleashed in the 71st minute to make the difference against Hull

Other Sport

Serena shoulders burden of history at Flushing Meadows

DETERMINED:  Serena Williams practices ahead of the US Open which starts on Monday. Picture: GETTY IMAGES
2 hour(s) ago

Serena Williams battles a shoulder injury and emboldened rivals to rewrite more tennis history

Other Sport

Putts start falling in for Rickie Fowler as he leads field

Picture: REUTERS
1 hour(s) ago

California golfer Rickie Fowler welcomes back his winning streak with a bogey-free 68 at The Barclays PGA playoff

Opinion

No quick fix or magic wand to address our rugby’s slide

The coach counts: ’inoffensive’ Allister Coetzee has lead to the Bok’s very offensive rugby in 2016

Standard Bank

JSE Sens

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The Third Umpire

Geffen International Realty Franchises CEO Jason Rohde, who has been arrested in connection with the death of his wife Susan, whose body was found in the bathroom of the winelands hotel the couple were staying in.

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Former intelligence minister Ronnie Kasrils, who has donated the damages he won in a defamation case against Kebby Maphatsoe to the woman President Jacob Zuma was acquitted of raping.

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The long-suffering rand, whose rally in the wake of the recent elections was rudely interrupted by news that the Hawks are back to hounding Finance Minister Pravin Gordhan. A wounded Number 1 is a dangerous beast.

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