• Tuesday, September 16 2014

African News

Lesotho to hold early election to end political crisis

A worker hangs posters displaying newspaper headlines in Lesotho's capital Maseru on Saturday. Picture: REUTERS
1 hour(s) ago

International Relations and Co-operation Minister Maite Nkoana-Mashabane says leaders plan to shorten mandate of coalition because government is not ‘fully functional’

Retail & Consumer

SABMiller leaps as merger talk follows Heineken ‘no’

Picture: THE TIMES
5 hour(s) ago

SABMiller stock rises in afternoon trade on Monday, after separate reports that Anheuser-Busch InBev wants to buy brewer, which in turn wants to take over Heineken

Mining

Flooding in Barberton operations hits Pan

Picture: REUTERS
15 minute(s) ago

But Pan African Resources says decline in output at underground mines offset by production from new tailings treatment plant

National

NEWS ANALYSIS: ANC likely to flex its muscles for Mbete

Baleka Mbete. Picture: SUNDAY TIMES/WALDO SWIEGERS
5 hour(s) ago

African National Congress likely to flex its muscles for Baleka Mbete, writes Wyndham Hartley

Economy

Fall in UIF claims is good news for job losses

Picture: THINKSTOCK
4 hour(s) ago

While the number of claimants fell, the value of claims increased

National

Western Cape acts on inquiry advice on policing

Cape Town mayor Patricia de Lille, left, Western Cape community safety MEC Dan Plato, centre, and Premier Helen Zille  on Monday study the recommendations of the Khayelitsha commission of inquiry on policing. Picture:TREVOR SAMSON
5 hour(s) ago

Western Cape government wastes no time in implementing some of the recommendations of Khayelitsha commission of inquiry

Energy

S&P delays Eskom credit rating decision

Picture: THINKSTOCK
4 hour(s) ago

Ratings agency says it waiting to get more detail on Treasury rescue package before making decision, which could leave Eskom in junk status

Thuli Madonsela. Picture: PUXLEY MAKGATHO

EDITORIAL: Open season on Madonsela

As brave and principled as Thuli Madonsela may be, she is but one woman, and the pressure is clearly starting to tell at a personal level

Columnists

South Africa can ill afford to lose sight of the implications of a country interrupted, writes Marvin Meintjies

UK interrupted has implications for SA

Columnists

Michel Pireu: The wise ones bet heavily when they have the odds. And the rest of the time, they don’t. It’s just that simple

Poor Charlie’s good advice

Asia-Pacific

China to ban imports of high ash, high sulphur coal from 2015

Picture: THINKSTOCK
9 minute(s) ago

When regulation is implemented, Australian and South African coal with heating value of 5,500 kcal/kg will be worst hit

National

Lonmin boss says he was wrong about Amcu

Lonmin vice-president for transformation and former head of human resources Bernard Mokoena testifies at the Farlam commission of inguiry into the August 2012 Marikana shooting. Picture: PUXLEY MAKGATHO
4 hour(s) ago

Head of human resources says at the time, he believed Amcu was behind 2012 wildcat strike at Marikana

Telecoms & Technology

MTN boosts its loan facilities, driving talk of an acquisition

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

MTN increases borrowing ability dramatically, fuelling analysts’ speculation that an acquisition may be on the cards

Labour

Black Africans lag in acquiring skills

Picture: THE TIMES/LAUREN MULLIGAN
4 hour(s) ago

Youth unemployment review cites ‘far from optimal’ education as white, coloured, Indian and Asian counterparts overtake

Picture: THINKSTOCK

We must go digital to realise economic potential

Digitisation of the country will lay the groundwork for what is the next phase of the internet — the ‘Internet of Everything’, writes John Chambers

Industrials

Nissan backs soccer with Africa as goal

PASSIONATE: Bafana Bafana supporters pose during an address in Johannesburg to mark 10 days to the African Nations Cup. Picture: SOWETAN
4 hour(s) ago

Japanese car maker hoping that if it plays ball with African consumers, they will return the favour by kicking out its rivals

Industrials

PPC exports to Africa offset slow sales in SA

Picture: THINKSTOCK
5 hour(s) ago

Cement maker PPC says exports into rest of Africa ‘buoyant’

Economy

South Africa’s worsening current account deficit ‘is credit negative’

Picture: REUTERS
15 hour(s) ago

Ratings agency says widening deficit reflects effect of strikes, sluggish global demand and declining commodity prices and increases downside risks to growth outlook

Markets

Bond market remains nervous despite rate hike appearing unlikely

Picture: THINKSTOCK
15 hour(s) ago

Pressure on yields extends to government-backed debt instruments including those of Sanral and Eskom, writes Fifi Peters

Asia-Pacific

Economists dial down Chinese growth forecasts after weak August data

A couple on a scooter ride past construction projects and completed apartment buildings in Haikou, Hainan province, China. Picture: BLOOMBERG
20 hour(s) ago

Data showing Chinese economy quickly lost steam in August causes some economists to trim their 2014 growth forecasts for country

Politics

DA accuses ANC of ‘dirty tricks in struggle to cling to power’ in Oudtshoorn

Young ostriches are seen in a camp on the Ostrich Safari farm just outside Oudtshoorn.  Picture: SUNDAY TIMES
19 hour(s) ago

DA constituency head leads march by hundreds of DA supporters and residents to municipal offices ‘to demonstrate concern for state of democracy’

Labour

Wage deal averts clothing strike

A woman works on machines at a Newcastle clothing factory. Picture: REUTERS
16 hour(s) ago

Union settles for increases of 7% to 11%

Labour

Sacked Generations actors prepared to return to work

BIG EARNERS: Former 'Generations' actors address the media in Johannesburg this week about being axed from the popular soapie. Picture: KEVIN SUTHERLAND
19 hour(s) ago

In letter drafted by Generations Actors’ Guild, actors have agreed to return to work, but negotiations are still under way

National

ANC branch leader shot at party

Picture: DAILY DISPATCH
5 hour(s) ago

Limpopo party branch chairman becomes second local politician to suffer from a violent attack in the past fortnight, suspect arrested

Asia-Pacific

Nobel Laureates urge Zuma to give Dalai Lama a visa

Dalai Lama
18 hour(s) ago

Fourteen Nobel Peace Laureates ask President Jacob Zuma to guarantee Dalai Lama a visa to SA, after Tibetan spiritual leader is forced to abandon trip to country

African Business

Kenya’s president approves 5% capital gains tax

Kenyan President Uhuru Kenyatta is seen at President Jacob Zuma’s inauguration ceremony at the Union Buildings in Pretoria on Saturday. Picture: REUTERS/SIPHIWE SIBEKO
17 hour(s) ago

Uhuru Kenyatta signs into law capital gains tax that investors say could affect investment in property, equities and country’s nascent oil and mining sectors

Americas

Apple receives record pre-orders for new iPhones

Dummies of new Apple iPhone 6 and 6 Plus are displayed with a figure of the late Apple founder Steve Jobs at a mall selling smartphones in Hong Kong on Friday.  Picture: REUTERS
17 hour(s) ago

Apple says it received record 4-million first-day pre-orders of new iPhone 6 and iPhone 6 Plus, meaning many customers will have to wait until October for phones

Americas

Automobiles drag US factory production lower

Picture: THINKSTOCK
19 hour(s) ago

US manufacturing output falls for the first time in seven months in August as motor vehicle production declines

Financial Services

Investec sells Irish mortgages to Lone Star

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

Investment bank says deal is part of plan to simplify, reshape banking business, follows sale of UK loans to private-equity firms

Europe

OECD slashes growth forecasts, urges aggressive ECB action

STRESS TESTS: A euro sign sculpture is seen in front of the headquarters of the European Central Bank in Frankfurt, Germany. It is unclear whether the ECB exercise, involving a rigorous review of 131 banks’ assets and liabilities, will be sufficient to get more credit flowing into the ‘real economy’. Picture: MARTIN LEISSL/BLOOMBERG
22 hour(s) ago

OECD urges much more aggressive ECB stimulus to ward off risk of deflation in a subdued eurozone

Property

Residential property market picking up

Picture: THINKSTOCK
1 day(s) ago

Real estate agencies believe the market has moved back to pre-recession levels

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Cartoons

ANTISOCIAL: Emma Sadleir, left, and Tamsyn de Beer warn that our reputations can be harmed by social media. Picture: FREDDY MAVUNDA

Think before you post

Words or images online can have disastrous consequences for the unsuspecting, writes Sue Grant-Marshall

Arts & Entertainment

ON THE STAGE: Brilliant but unsettling satire

IN THE FRAME Daniel Janks, Jessica Friedan, Ashleigh Harvey and James Alexander in Neil Labute’s Bash, at the Auto & General Theatre on the Square in Sandton. Picture: THEATRE ON THE SQUARE
5 hour(s) ago

Playwright, director, screenwriter Neil LaBute has made career out of showing middle class to be thoroughly nasty pieces of work, writes Christina Kennedy

Books

BOOK REVIEW: J

Picture: THINKSTOCK
5 hour(s) ago

Two misfits meet in a shadowy future regime in Howard Jacobson’s dystopian novel J, which could be a sequel to his Booker-winning The Finkler Question

Picture: THINKSTOCK

Sharks still need to fight for title

Sharks at business end of Currie Cup, while three of past four matches ask serious questions of their ability and aptitude, despite their willingness

Opinion

CSA won’t say it, but lady luck was shining on their finances

Picture: THINKSTOCK

There’s something just a little too rose-tinted about the presentation of Cricket SA’s year-end financials

 
All Share 50979.08-0.77% down
Top 40 45701.15-0.72% down
Financial 15 14593.14-0.44% down
Industrial 25 60474.29-1.11% down
Resource 10 54789.88-0.13% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6775.24-0.43% down
Dow Jones 17031.140.00% same
All Share 50985.40-0.76% down
ASX 5446.20-0.53% down
S&P 500 1984.1300.00% same
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
Gold 1239.38000.54% up
Platinum 1369.00000.81% up
Silver 18.77400.70% up
Palladium 840.00001.33% up
Brent Crude Oil 97.760-0.12% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

JSE Sens

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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

Sundays River mayor Mbulelo Kebe. The ANC-dominated council has voted to write off R84.5m in irregular expenditure as irrecoverable, despite indications that tender rules were bypassed to favour political cronies.

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Gauteng finance MEC Barbara Creecy, for refusing to shy away from the reality of underperformance and service delivery failures in the province. There is no other way to finding solutions than to face problems head on.

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US property and casino tycoon Donald Trump, who labelled Oscar Pistorious trial judge Thokozile Masipa a “total moron” for finding him not guilty of murder. On what basis? He didn’ t say, but either way, he ’s fired.

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  • All Share : 50969.35
    Change: -0.79%
    Top 40 : 45677.96
    Change: -0.77%
    Financial 15 : 14574.80
    Change: -0.56%
    Industrial 25 : 60466.03
    Change: -1.12%
    Resource 10 : 54727.11
    Change: -0.25%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6775.24
    Change: -0.43%
    Dow Jones : 17031.14
    Change: 0.00%
    Hang Seng : 24136.01
    Change: -0.91%
    ASX : 5446.20
    Change: -0.53%
    S&P 500 : 1984.130
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.9364
    Change: -0.25%
    ZAR/GBP : 17.6954
    Change: -0.52%
    ZAR/EUR : 14.1579
    Change: -0.21%
    ZAR/JPY : 0.1021
    Change: -0.20%
    ZAR/AUD : 9.8538
    Change: -0.48%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1239.6050
    Change: 0.56%
    Platinum : 1369.0000
    Change: 0.81%
    Silver : 18.7830
    Change: 0.75%
    Palladium : 840.0000
    Change: 1.33%
    Brent Crude Oil : 97.730
    Change: -0.15%
    All data is delayed by 15 min
    Data supplied by INET BFA
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