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Economy

Gordhan optimistic SA can avoid downgrade and get out of low-growth trap

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

Eskom’s surprise decision on independent power producers will be examined after the elections

National

SAA needs whole new board, says Pravin Gordhan

Finance Minister Pravin Gordhan. Picture: BUSINESS DAY
2 hour(s) ago

And a new management team could include existing people, but ‘certainly requires new blood as well”, the finance minister says

Americas

Clinton makes history, wins US presidential nomination

Democratic presidential candidate Hillary Clinton celebrates victory in the New York state primary on Tuesday in New York City. Picture: AFP
33 minute(s) ago

Clinton’s husband, former President Bill Clinton, portrayed her in a speech to the convention as a dynamic force for change

Markets

JSE may follow Tokyo higher on Wednesday

Picture: MICHAEL ETTERSHANK
41 minute(s) ago

A $255bn stimulus package Japanese Prime Minister Shinzo Abe will reportedly announce on Wednesday afternoon sent Tokyo’s stocks up nearly 3%

Retail & Consumer

Bigger Rextru stake eludes Golding and Roberts

Marcel Golding. Picture: FINANCIAL MAIL
1 hour(s) ago

Scant interest from Rextru and Af&Over shareholders to sell their scrip confirms influence of the Shub family

National

Scores injured as tornado tears through Ekurhuleni

A huge tornado approaches the town of Moore, Oklahoma City on Monday. Picture: REUTERS
12 hour(s) ago

At least 20 people have been injured as a tornado batters the City of Ekurhuleni

Telecoms & Technology

Icasa digs in on spectrum bid decision

Picture: THINKSTOCK
1 hour(s) ago

Siyabonga Cwele is concerned the regulator opened up bidding for spectrum without giving the state prior notice

National

Zuma must pay up on Nkandla in 45 days

President Jacob Zuma. Picture: GCIS
16 hour(s) ago

The Constitutional Court’s has approved the amount of R7.8m determined by the National Treasury for five items Public Protector Thuli Madonsela deemed non-security

CHOSEN ONE: Hillary Clinton. Picture: EPA

EDITORIAL: President Hillary, step up

Shape-shifter Hillary Clinton may find her strengths in office

Columnists

Simply improving the formal economy will not solve the problem, writes Steven Friedman

Economy bridled by high number of excluded

Columnists

Inclusiveness that makes economies dynamic and creates jobs is about opening up the playing field, not just levelling, writes Hilary Joffe

Inclusion about opening up economy to new entrants

National

De Lille has to get nod for energy acquisition

Patricia de Lille. Picture: TREVOR SAMSON
1 hour(s) ago

Battle lines are drawn on renewable energy procurement as regulator Nersa makes it clear power lies with the minister

Media

Will journalists be allowed to go back to work? SABC won’t say

Journalists protest against censorship outside the SABC offices in Cape Town earlier in July. Picture: SUNDAY TIMES
17 hour(s) ago

The Labour Court has ordered that four of eight journalists dismissed by the public broadcaster for objecting to an editorial ban are entitled to return to work

National

Explore funding sources, Salga urges municipalities

Picture: SUNDAY TIMES
1 hour(s) ago

Smaller municipalities may be compelled to raise their own capital for infrastructure development

Americas

NEWS ANALYSIS: Pointing fingers is risky for US after hack

CYBERCRIME:  Democratic National Committee chairwoman Debbie Wasserman Schultz resigned after the release of almost 20,000 Democratic Party e-mails. Picture: REUTERS
1 hour(s) ago

Obama has more to weigh and more to lose if he decides to point fingers directly at Russia, writes Angela Greiling Keane

Mining

Kumba weighs up possibility of dividend again

NOT A BAD YEAR: Kumba Iron Ore CEO Norman Mbazima, who will be replaced as CEO by Themba Mkhwanazi, said one of its modular plants at a Northern Cape mine was already in production. Picture: MARTIN RHODES
1 hour(s) ago

Wider margins on ore sales and a improved outlook for the producer raise the prospect of a return to dividends

POWERLESS: Eskom has taken a decision to stop buying electricity from independent power producers. Picture: SUNDAY TIMES

Eskom should not leave IPPs in the cold

Switching off independent power producers will be a blow to SA’s world-acclaimed renewables programme — one of the country’s rare successes, writes Landiwe Mahlangu

African Business

Global body urges Africa to increase spectrum offering

The lack of spectrum has hampered the rapid deployment of faster wireless network infrastructure in many parts of Africa, including SA.  Picture: REUTERS
1 hour(s) ago

The lack of spectrum has hampered the rapid deployment of faster wireless network infrastructure in many parts of Africa, including SA

Economy

December ratings reprieve likely, says Asisa duo

OFFICES: Mamokete Lijane says institutions matter even more than policies in creating an enabling environment for growth. File picture: ROBERT TSHABALALA
1 hour(s) ago

Strong government institutions, in particular the Treasury and the Reserve Bank, are critical to preserve credit ratings, says Asisa team

National

Councils’ capex rises 14% to R59bn

NOT DOING BADLY: Statistician-General Pali Lehohla painted quite a rosy picture of municipalities’ service delivery and defended the timing of the release of the data just before the elections. Picture: SUNDAY TIMES
1 hour(s) ago

An analyst warns higher capital infrastructure spending does not always benefit residents complaining about poor service delivery

Retail & Consumer

Country Bird urged to act to increase Sovereign stake

Picture: REUTERS/STEPHANE MAHE
1 hour(s) ago

It seems that horrific sector results are coming for the next year or so

Retail & Consumer

Massmart lease hearing unnecessary, retailers inform Competition Tribunal

Makro store in Midrand, Johannesburg. Picture: SOWETAN/ANTONIO MUCHAVE
1 hour(s) ago

Massmart attempting to bring action against Spar, Pick n Pay, and Shoprite-Checkers and SA Property Owners Association

Retail & Consumer

Biotech investment entices Reinet from its comfort zone

Picture: BLOOMBERG/NORM BETTS
1 hour(s) ago

The tiny investment in Nasdaq-listed Selecta Biosciences follows other smaller forays into 3D manufacturing and a digital music venture

Financial Services

BEE partners’ huge lawsuit against Abil directors and Deloitte will go ahead

African Bank curator Tom Winterboer. Picture: MARTIN RHODES
13 hour(s) ago

Empowerment shareholders took Abil directors to court in late 2015, accusing them of acting recklessly in how they handled Abil’s business

Industrials

Core units lift AECI as profit plunges

Picture: ISTOCK
1 hour(s) ago

Underlying group performance was helped by new open pit mining contracts won by its AEL Mining Services subsidiary

Europe

London decline hits Capital & Counties property

Property fund. Picture: THINKSTOCK
1 hour(s) ago

The group’s Earls Court interests were valued at £1.2bn at the end of June, a decrease of 14% from £1.4bn

Politics

Once an ANC stronghold, Marikana residents likely to pin hopes on EFF

A mine worker burns a shirt as a torch during a ceremony marking the third anniversary of the Marikana massacre of 34 striking platinum miners, near Rustenburg, on Sunday. Picture: AFP PHOTO/MUJAHID SAFODIEN
11 hour(s) ago

The ANC took 92% of the vote in Marikana in the 2011 local elections but only 38% in the 2014 general elections, when the EFF took 25% in the ward

Mining

Barrick Gold is considering selling its stake in Acacia, say sources

Picture: REUTERS/RICARDO ROJAS
13 hour(s) ago

The world’s largest gold producer has approached several South African miners, according to sources familiar with the situation

Americas

Bernie Sanders finding it hard to stem the tide of support

Democratic presidential candidate Senator Bernie Sanders at a campaign rally at the Alliant Energy Center on Saturday Madison, Wisconsin. Picture: AFP
12 hour(s) ago

So insistent are his backers that they will not support Hillary Clinton, that they booed him when he said she should be president rather than Donald Trump

Europe

BP profit slump not good sign for sector

Robert Dudley.   Picture: BLOOMBERG/JASON ALDEN
1 hour(s) ago

BP says adjusted profit dropped to $720m from $1.3bn a year earlier, missing analyst estimates

World

Global miners sell assets to relieve debt

HEAVY LIFTING: A bucketwheel reclaimer rides on rails between coal stockpiles at the Port Waratah coal-loading facility in Australia. Coal mines are among the assets being sold by some of the top global miners in a quest to pay off debt. Picture: BLOOMBERG/GILLIANNE TEDDER
1 hour(s) ago

Companies seek to shore up balance sheets, write Freya Berry and Barbara Lewis

Europe

Commerzbank ‘to shed more jobs’

HANDOVER:  Martin Blessing, former CEO of Commerzbank, left, with Martin Zielke, his successor. Picture: BLOOMBERG/JASPER JUINEN
1 hour(s) ago

New CEO expected to cut up to 20% of jobs at its Mittelstandsbank business as he seeks to counteract the effect of low interest rates on the bank’s earnings

Europe

Vivendi opts to pull the plug on Mediaset deal

SHOCKED:  Mediaset CEO Pier Silvio Berlusconi is unhappy that Vivendi suddenly ended an agreement to buy the firm’s pay-TV unit. Picture: REUTERS/STEFANO RELLANDINI
1 hour(s) ago

Mediaset fumes over Vivendi's decision to back out of a contract to buy all of Mediaset’s pay-TV unit that triggered a share sell-off

View more

Cartoons

Numerous products and activity programmes claim to be able to slow mental decline, but nothing has proven a surefire way to preserve brainpower, apart from certain mental exercises, say Canadian scientists. Picture: THINKSTOCK.

The brain exercise that gives you the best shot at delaying dementia

A new, 10-year study shows there is a more effective brain training technique than memory and reasoning exercises

Management

Three steps for getting teams with different subcultures to collaborate

Picture: THINKSTOCK
17 hour(s) ago

Organisations often have many cultures and collaboration requires working across cultures effectively

Opinion

BRAND COMMUNICATION: More clients want one-stop marketing services

Picture: ISTOCK

Integrated agencies offer clients more bang for their buck — traditional advertising, social media, shopper marketing, and public relations services

Sibusiso Vilakazi. Picture: SAMUEL SHIVAMBU/BACKPAGEPIX

‘Vila’ will fight for his spot at Downs

Vilakazi is the kind of player who enjoys being in the box and being on the end of a killer pass, if he is not providing it himself

Cricket

Will Donald’s coaching give Australia the edge?

Former South African cricketer Allan Donald. Picture: SHAUN ROY/GALLO IMAGES
1 day(s) ago

Australia are the only measuring stick who matter in SA cricket‚ and if Donald is in their dugout when the teams clash, a compelling subplot will unfold

Other Sport

Team SA settle in Olympic athletes’ village

The Olympic Village is reflected in an apartment window during a guided tour for journalists to the 2016 Rio Olympics Village in Rio de Janeiro, Brazil, July 23, 2016. REUTERS
1 day(s) ago

Contrary to media reports that the village was "unlivable", Team SA’s apartment block features large en suite apartments, with air conditioning and reliable WiFi

Other Sport

Champion Russian canoeists banned from Olympics

International Olympic Committee (IOC) President Thomas Bach gestures during an interview with Reuters on the death of Nelson Mandela at the IOC headquarters in Lausanne, Switzerland, on Friday.  Picture: REUTERS
15 hour(s) ago

They are the latest Russian athletes to be banned after revelations of state-run doping that affected more than 30 sports

Rugby

Why WP rugby bosses should face axe and not coach Fleck

Robbie Fleck (Interim Coach)  during the DHL Stormers press conference at High Performance Centre, Bellville on January 19, 2016 in Cape Town. Picture: GRANT PITCHER/GALLO IMAGES
1 day(s) ago

Future of Stormers interim coach Robbie Fleck remains uncertain after disclosing that he’s had no discussions to remove "interim" from his title

Opinion

Proteas in need of some first-class practice

Top guns in the Proteas Test squad have the talent and mental strength but the bowlers are a liability

Standard Bank

JSE Sens

Share search

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

Deputy Public Works Minister and SACP stalwart Jeremy Cronin, who has been left with egg on his face after insisting that the Expropriation Bill is constitutional, only to have President Jacob Zuma send it back to Parliament.

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ANC elections head Nomvula Mokonyane is in trouble with her party for revealing that it has spent more than R1bn campaigning for the August 3 elections. Perhaps she could also reveal where all that money has come from?

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SABC operations chief Hlaudi Motsoeneng has added a fresh black mark to his name — the dismissal of journalists who resisted his decrees has been found to be unfair in court. But this is Teflon Man, so don’t hold your breath.

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