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Picture: THINKSTOCK

New bid to stem scrap metal exports

1 hour(s) ago

New guidelines aim to stop scrap-metal dealers from exploiting loopholes in preferential pricing policy

National

End game looms in spy-tape saga

President Jacob Zuma. Picture: FINANCIAL MAIL
45 minute(s) ago

Release of ‘spy tapes’ and internal NPA documents could lead to review of corruption charges against President Jacob Zuma

Retail & Consumer

Woolworths hopes basket shoppers turn to trollies

Picture: THINKSTOCK
1 hour(s) ago

Through a supermarket play, the no-longer niche retailer is tackling Pick n Pay and Checkers head-on

National

Madonsela in appeal to ‘obey the rules’

Thuli Madonsela. Picture: PUXLEY MAKGATHO
19 minute(s) ago

Public protector says blurring of lines between ANC and government has become evident, with ‘external actors’ challenging her efforts

Politics

EFF to fight Parliament suspension in court

Julius Malema. Picture: TREVOR SAMSON
13 hour(s) ago

Economic Freedom Fighters will go to court to oppose looming suspension from Parliament for disrupting presidential question time, says Julius Malema

Transport & Tourism

Harris to ensure ‘Cape Town is open for business’

Picture: TREVOR SAMSON
13 hour(s) ago

Head of investment for Cape Town says the city is more than a mere weekend city, and he plans to make it a major investment destination

Mining

Implats undertakes strategic review of its assets, says Goodlace

DIFFICULT SITUATION: Impala Platinum CEO Terence Goodlace addresses the media on the group’s outlook. Picture: MARTIN RHODES
17 hour(s) ago

Chief financial officer Brenda Berlin says Implats has no plans to raise further finance as it has cash of R4.3bn and has saved more than R5bn

Economy

Producer inflation moderates slightly year on year in July

Picture: THINKSTOCK
17 hour(s) ago

Barclays Africa economist Peter Worthington says food price inflation suggests that ‘we should not get too complacent about food prices’

Europe

Ukraine accuses Russia of launching invasion

Petro Poroshenko. Picture: AFP PHOTO
17 hour(s) ago

Ukraine accuses Russia of mounting an invasion in southeast of country in support of pro-Moscow separatist rebels

National

Nakasa was a real problem to apartheid regime, says IFP’s Buthelezi

HONOURED: Arts and Culture Minister Nathi Mthethwa (left) and others at King Shaka airport last Tuesday for the repatriation of the remains of Nat Nakasa. Picture: TEBOGO LETSIE
14 hour(s) ago

Whenever Nat Nakasa picked up his pen, he laid bare the cruelties and hypocrisies of apartheid, says Prince Buthelezi

Picture: THINKSTOCK

SA needs social covenant to beat injustice of inequality

The most divisive issue of our age, particularly but not exclusively in developing economies, is the absence of a ‘just economy’, writes Maria Ramos

Columnists

Anthony Butler promo

Nuclear procurement is unaffordable and irrational, and will be a sad testimony to decay of ANC if it is pushed through, writes Anthony Butler

Zuma just an innocent abroad in Russia

Columnists

Peter Bruce promo

It isn’t that Cape Town is racist. It might just be snotty. Or it might just be that the rest of us suffer from low self esteem, writes Peter Bruce

Mantashe is right: two capitals are fatal

National

E-tolling costs diminish benefits, says Black Business Council

Picture: SOWETAN
15 hour(s) ago

CEO Babalwa Ngonyama recommends that a fuel levy be considered as a funding mechanism for Gauteng’s road improvements

Healthcare

Adcock says it’s ‘too early to return to profitability’ as restructuring continues

A sign outside the Adcock Ingram offices in Johannesburg in December  2013. Picture: REUTERS
19 hour(s) ago

Having fallen to net loss of R962m in nine months to June, drug maker says it is too early to provide investors with ‘any comfort regarding return to profitability in short term’

Energy

Westinghouse launches legal action against Eskom

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES
20 hour(s) ago

US company says it has asked Johannesburg High Court to order Eskom to provide it with relevant documentation supporting its decision to award contract to Areva

National

Zuma’s mystery tour ends with Putin meeting

President Jacob Zuma addresses questions in Parliament on Thursday. Picture: TREVOR SAMSON
1 day(s) ago

Lack of official programme, extended duration, the curious composition of SA’s delegation and inclusion of ‘rest periods’ have lent an air of mystery to what is termed a working visit

Industrials

ArcelorMittal stands firm on its pricing model, says CEO

Paul O’Flaherty.  Picture: PUXLEY MAKGATHO
1 day(s) ago

Loss-making steel producer has faced barrage of criticism over pricing methodology, which has artificially inflated domestic steel prices

Medical aid fraud drives up the cost of your contributions by an estimated R2,500 a year. Picture: THINKSTOCK

EDITORIAL: Overregulating healthcare industry is futile

Excessive regulation has effect of deterring competition and putting upward pressure on prices in long term

Retail & Consumer

Massmart half-year profit down 25%

A Game store, operated by Massmart, in Rosebank, Johannesburg. Picture: SUNDAY TIMES
21 hour(s) ago

Retailer reports a 25.2% fall in half-year profit as debt-laden consumers battling rising living costs cut back on spending

African Business

World Bank cuts Rwanda’s 2014 growth forecast

Picture: THINKSTOCK
15 hour(s) ago

Bank cuts growth forecast for Rwanda, blaming delayed spending on energy and transport and slowdown of credit growth to private sector

Markets

Warning against ‘safe haven’ gold

Picture: THINKSTOCK
23 hour(s) ago

Equities may be the better investment says world’s largest asset manager BlackRock

Industrials

Rising costs, strikes hit Imperial’s results

Mark Lamberti. Picture: TYRONE ARTHUR
19 hour(s) ago

Poor GDP growth, rising wage and transport costs, and labour disruptions in SA all help diluted headline earnings per share fall 7%

Politics

Expelled Oudtshoorn councillors reinstated

COPE leader Mosiuoa Lekota. Picture: SOWETAN
23 hour(s) ago

The judgment could place a DA-COPE coalition in control of the municipality if it is not challenged

Companies

SA firms face high debt costs after Abil failure

Picture: THINKSTOCK
23 hour(s) ago

Flaws exposed in the Africa’s biggest corporate bond market have prevented investors from selling Abil’s debt

Property

Growthpoint in talks to take over Acucap Properties

Norbert Sasse,  CEO of Growthpoint. Picture: JEREMY GLYNN
1 day(s) ago

JSE’s largest property group by market value in talks to take over Acucap Properties, says CEO Norbert Sasse

World

Steel profits hurt in hunt for sales

DEMAND: Steel production takes place at the Baosteel GroupCorp. facilities in Shanghai, China.  Baosteel says iron-ore prices have further to fall. Picture: BLOOMBERG
1 day(s) ago

World’s biggest steel makers hurting profits by chasing at any cost

Economy

Caps on interest rates, fees ‘act as form of price control that harms borrowers’

Picture: THINKSTOCK
13 hour(s) ago

If interest-rate caps and fees charged by microlenders are increased, this will improve low-income borrowers’ access to lending, according to new Econometrix study

Mining

Slow recovery from strike for Impala Platinum

Picture: THE TIMES
21 hour(s) ago

Platinum producer says margins will be under pressure in short to medium term, strategic review of operations, projects will determine new way forward

National

Joburg and Tshwane voice concerns over e-tolls

Picture: SOWETAN
1 day(s) ago

Cities voice concerns at the socioeconomic consequences of the system’s implementation on residents

National

‘Fair’ tariffs planned for water across SA

Trevor Balzer, acting director-general of the Department of Water Affairs. Picture: TREVOR SAMSON
1 day(s) ago

Aim of proposed model to achieve greater equity in water tariffs across the country

Financial Services

Banks must improve their compliance or risk fines

Picture: THINKSTOCK
1 day(s) ago

The collective fines banks and financial institutions had received in past two years are ‘inconsequential’ compared to fines their international counterparts got

National

Defence officials reject greater oversight of arms purchases

RUFFLING FEATHERS: DA MP David Maynier touched a raw nerve on Wednesday when he made a presentation on his  private members bill to amend the Defence Act. Picture: TREVOR SAMSON
23 hour(s) ago

Department of Defence reacts with fury to suggestions calling for greater parliamentary scrutiny of the country’s armaments procurement

National

Council doubles salaries with overtime payouts

OR Tambo District Mayor Nomakhosazana Meth. Picture: LULAMILE FENI
23 hour(s) ago

The OR Tambo district municipality in the Eastern Cape has spent close to R3m on overtime in just three months, with some employees getting double their salaries

Land & Agriculture

Large no-fishing zones must be declared in high seas, says Manuel

Trevor Manuel. Picture: MARTIN RHODES
1 day(s) ago

To save declining global fish stocks large no-fishing zones need to be created in high seas, Trevor Manuel urges during lecture at CSIR International Convention Centre

View more

Cartoons

Motoring

FUTURE MODELS: Xciting times signal new era

The Volvo XC90 features a new corporate face that will be signature on future models.  Pictures: VOLVO, QUICKPIC
1 day(s) ago

Volvo has taken the wraps off its second generation XC90 SUV that will go on sale in SA in 2015, writes Lerato Matebese

Opinion

Working towards a common goal for arts in SA

A woman walks past a painting on display at the Johannesburg Art Fair at the Sandton Convention Centre, Johannesburg, in this March 2008 file photo.  Picture: THE TIMES

We have to constantly ask ourselves how business is doing in terms of opening up opportunities for women, and contributing to gender and economic transformation

Photographer Lebohang Kganye. Picture: SUPPLIED

Artist puts herself in frame

Lebohang Kganye’s works were handed out as this year’s Basa awards, writes Matthew Partridge

Arts & Entertainment

A privilege to sharing the joy of music

Buskaid musicians perform in Trafalgar Square earlier this year. Picture: BUSKAID
1 day(s) ago

Soweto-born Lesego Mokonoto began his association with Buskaid as youngster wanting to learn to play violin, today he teaches children same instrument

SA’s Faf du Plessis congratulates captain AB de Villiers on reaching a century during the match between Australia and SA in the one-day international tri-series, which includes Zimbabwe, at the Harare Sports Club on Wednesday. Picture: AFP PHOTO/JEKESAI NJIKIZANA

SA prove too good for Aussies

Centuries from AB de Villiers and Faf du Plessis set Proteas up for huge victory

Opinion

A plea to the powers that be to shield Mashaba from the madding crowd

Mashaba has been Bafana coach for only a month but, astonishingly, he is already under pressure from those who have trouble accepting him as outgoing mentor Gordon Igesund’s successor

 
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FTSE 100 6805.800.00% same
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Gold 1287.9950-0.14% down
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The Third Umpire

ANC secretary-general Gwede Mantashe, whose public criticism of Public Protector Thuli Madonsela has crossed the line and needs to be curtailed. Accusing her of bias without justification amounts to contempt of office.

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Aurora “financial consultant” Fazel Bhana, who with father Sulliman has been ordered by the Pretoria High Court to repay R16m in illegal transfers. The mine workers they left surviving on handouts deserve urgent relief.

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Former mineral resources minister Susan Shabangu, whose performance on the stand at the Marikana commission on Tuesday was unconvincing to say the least. Her demotion now makes complete sense.

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  • All Share : 51133.13
    Change: 0.00%
    Top 40 : 45840.07
    Change: 0.00%
    Financial 15 : 14732.72
    Change: 0.00%
    Industrial 25 : 59735.20
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    Resource 10 : 56399.06
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    All data is delayed by 15 min
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  • FTSE 100 : 6805.80
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    Dow Jones : 17079.57
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    Hang Seng : 24678.14
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    S&P 500 : 1996.740
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  • ZAR/USD : 10.6393
    Change: 0.17%
    ZAR/GBP : 17.6373
    Change: 0.18%
    ZAR/EUR : 14.0151
    Change: 0.10%
    ZAR/JPY : 0.1025
    Change: 0.15%
    ZAR/AUD : 9.9471
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  • Gold : 1288.0600
    Change: -0.13%
    Platinum : 1425.0000
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    Silver : 19.5560
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    Palladium : 894.2500
    Change: 0.48%
    Brent Crude Oil : 102.800
    Change: 0.33%
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