Markets
Union’s mining wage demands send rand to four-year low
High wage demands by National Union of Mineworkers for workers in coal and gold mines drive rand down at prospect of more industry turmoil
Financial Services
Abil stock plunges again on results
African Bank Investments plumbs fresh eight-year low as earnings fall and dividend is slashed, adding to sharp drop earlier this month on profit warning
Politics
Name dropping is here to stay for now, says Mantashe
ANC secretary-general Gwede Mantashe responds to ‘Guptagate’ report, says people will always name-drop when they want favours
Media & Advertising
E.tv deal ‘to give Seardel to another string to its bow’
Seardel CEO says inclusion of e.tv holding company Sabido will give institutional investors more direct access to media group’s performance of the
Land & Agriculture
State settles restitution claims to tune of R1bn, says land minister
Government settles 602 restitution claims in financial year to end of March, after land reform department previously failed to pay farmers
Middle East
Wave of attacks kills at least 79 in Iraq
Attacks on Monday extend one of the most sustained bouts of sectarian violence the country has seen in years
Labour
Swift end to strike at Mercedes-Benz East London plant
Car maker lauds Numsa for calling end to protest following talks with company’s management
African Business
Mines chamber takes on Zimbabwean government on marketing of minerals
Mining sector has balked at proposed changes to mining law, but says it is keen to engage with officials on policy formulation
EDITORIAL: Ethics needed in word and in deed
Credibility is something that is earned, not inherited along with the levers of state powerColumnists
Franschhoek Literary Festival is a meeting place to contemplate the history and future of the written word in SA, writes Palesa Morudu
Prodigal daughters meet in Franschhoek
Columnists
Market analysts seem to have been proven correct in forecasts that this week would be a difficult one, writes Ntsakisi Maswanganyi
Looming wage talks weigh on rand
Energy
Labat Africa looks to diversify into oil with Namibia deal
Labat Africa aims to invest in an oil and petroleum company in Namibia, in a bid to reposition its model following a troubled history
National
Debate persists over who ‘masterminded’ Marikana police plan
Questions around origin of police plan to disperse striking mineworkers at Lonmin mine last year feature strongly before Marikana commission of inquiry
Industrials
Protech Khuthele says results ‘vindicate’ board’s view on Eqstra offer
Construction, engineering and readymix group says move to profit shows progress in its strategic turnaround programme
Politics
DA’s Mazibuko to meet British deputy prime minister
High-profile trip to London by DA parliamentary leader Lindiwe Mazibuko likely to be closely followed in Parliament, particularly by ANC
Healthcare
Netcare CEO says Competition Commission must also probe pharmaceuticals
CEO Richard Friedland says he is disappointed that Competition Commission’s planned inquiry into private healthcare sector will exclude pharmaceutical sector
Talented women lawyers, but few reach top
Gender diversity and impartiality is crucial for the legitimacy of the judiciary, writes Mia SwartGadgets & Gear
Is Google’s Glass cool or creepy?
Device has geeks all aflutter, but is unnerving everyone from law makers to casino operators worried about the potential for hitherto unimagined privacy violations
Business
BEE lobby eyes bigger share of state spend
Push for higher weighting in parastatal procurement rules
Transport & Tourism
Losing consortium gives up bid to stop R51bn Prasa rolling stock fleet tender
Dudula says it decided to use resources elsewhere than fight long legal battle
Telecoms & Technology
Vodacom expecting to deliver single-digit growth
Telecoms company, wary of ever-intensifying competition in markets where it operates, aims to achieve goal through focus on cost cutting
Retail & Consumer
Pioneer feels pinch as consumers cut spending
Pioneer Food Group reports 0.6% drop in headline earnings per share for six months ended March as rising utility, education and transport costs put strain on households
Industrials
Barloworld says all business units performing ahead of last year
Performance of automotive and logistics units and Bucyrus business lift group’s revenue
African News
AU summit to be held behind closed doors
AU Commission’s Dlamini-Zuma confirms civil society organisations, partners and delegations will, for the first time, be denied access to the AU conference centre
Energy
Eskom was ‘on the brink of a power shutdown’
Eskom ‘came as close to the edge as you can get’ last Monday evening when the available power supply exceeded demand, according to the company
Cartoons
Health
The low-down on erectile problems
Marika Sboros puts paid to myths and misconceptions on the more-common-than-thought problem of erectile dysfunction
Arts & Entertainment
SA film makers strive for glory in Cannes
Film foundation is focusing on co-production treaties at international festival, writes Nadia Neophytou
National
- Debate persists over who ‘masterminded’ Marikana police plan
- Swift end to strike at Mercedes-Benz East London plant
- DA’s Mazibuko to meet British deputy prime minister
- State settles restitution claims to tune of R1bn, says land minister
- Name dropping is here to stay for now, says Mantashe
World
- Japan warns of shaky future on its public debt
- China vice-premier set for Harare talks
- NEWS ANALYSIS: Waiting for the bubble to burst
- Actavis to buy Warner Chilcott in $8.5bn deal
- Ryanair focus on short-haul market pays off
Companies
- NEWS ANALYSIS: Verizon windfall revives Vodafone growth plans
- Yahoo splashes out $1.1bn to buy blogging network Tumblr
- Actavis to buy Warner Chilcott in $8.5bn deal
- Ryanair focus on short-haul market pays off
- COMPANY COMMENT: Vodacom is looking abroad again
Personal Finance
- FAME & FORTUNE: Closing the lid on 'rubbish'
- New movie aims to provide financial literacy education
- In tune with his money
- Invest where you find the fear
- Platinum ETF to chase gold issue
Business
Markets
- IN THE MARKETS: Looming mining wage talks weigh on rand
- Silver rated ‘worst-performing precious metal’ as it slides 28%
- JSE down on general negative sentiment
- Oil rises, reversing early losses as dollar weakens
- Labour tensions weigh on the rand
Economy
- SUMMIT TV: Busa advisor on implementation of NPD
- SUMMIT TV: Trends in cross-border M&A
- Local manufacturing sector ‘in dire straits’
- ECONOMIC WEEK AHEAD: Reserve Bank likely to dash rate cut hopes
- Manufacturers in South Africa stay confident
Life
- BOOK REVIEW: Between the Tides
- Putting a much-needed smile into S&M
- BOOK REVIEW: Mrs Robinson's Disgrace
- BOOK REVIEW: The Stuff You Can’t Bottle
- ON THE STAGE: Hats Off
Sport
- Kavanagh squeezed out in Krisflyer Sprint
- Naturalised Chinese table tennis players continue to reign supreme
- Beckham bids tearful farewell to fans
- Wilkinson over the moon with European Cup win
- O’Connor to play as flyhalf in Wallabies Test squad
Multimedia
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Calendar
| African Bank | African Bank interims
|
| Barloworld | Barloworld interims
|
| Evraz Highveld | Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
|
| Vodacom | Vodacom finals
|
| Pioneer Foods | Pioneer Foods interims
|
| Netcare | Netcare interims
|
| Protech | Protech Khutele finals
|
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The Third Umpire
Trade and Industry Minister Rob Davies, for promising a redrafting of the Licensing of Businesses Bill after a uniformly negative response to the first draft — but doing away with it altogether would be better still.
Former Hawks spokesman McIntosh Polela, who has now been officially fired after his “Vaseline tweet” and his suspension at the end of March — but he has earned a whopping R300,000 since then.
US President Barack Obama, forfiring a senior Internal Revenue Service official on finding the man’s Cincinnati office was targeting Tea Party organisations and other conservative groups for special scrutiny.
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