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Picture: THINKSTOCK

Producer inflation for June better than expected

1 hour(s) ago

Producer inflation for final manufactured goods better than expected last month, increasing marginally to 3.7% in June year on year from 3.6% in May

Retail & Consumer

Edcon appoints new CEO amid debt restructuring

Picture: Robbie Tshabalala
1 hour(s) ago

SA retailer names Bernard Brookes as new CEO, as debt-burdened company tries to restructure its debt to repay bondholders

Transport & Tourism

Biometrics on arrival visa approach more cost effective

Picture: SUNDAY TIMES
1 hour(s) ago

SA should abandon in-country biometric data capturing in favour of ‘biometrics on arrival’ system, says Tourism Business Council CE Mmatsatsi Ramawela

National

SA stuck in low growth trap, Nene warns ANC

Nhlanhla Nene. Picture: TREVOR SAMSON
7 hour(s) ago

ANC lekgotla told of high risk of social unrest and political consequences

Transport & Tourism

Acting SAA CEO goes back to Mango

Nico Bezuidenhout. Picture: SUNDAY TIMES
7 hour(s) ago

Nico Bezuidenhout’s exit paves the way for a new person to lead the national carrier

Labour

NUM signs three-year wage deal with Northam Platinum

Platinum. Picture: REUTERS
8 minute(s) ago

National Union of Mineworkers says it has signed three-year wage deal with Northam Platinum for increases of up to 17% for lowest paid members

Economy

Temporary relief as jobless rate falls

A group of men sit along a road looking for work. Picture: SUNDAY TIMES
7 hour(s) ago

Unemployment falls to 25% in second quarter from 26.4% in first quarter as economy creates jobs despite weak economy

National

Nkandla officials ‘abused Zuma name’

Police Minister Nathi Nhleko, left, addresses Parliament’s ad hoc committee on Nkandla on Wednesday as Public Works Minister Thulas Nxesi looks on. Picture: TREVOR SAMSON
7 hour(s) ago

Police minister portrays President Jacob Zuma as an innocent victim whose name was abused by local officials

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL

NEWS ANALYSIS: Growth outlook bleak as rate-hit consumers tighten belts

Survey shows rising borrowing costs and weak economic growth are affecting consumer sentiment, writes Ntsakisi Maswanganyi

Columnists

Saru’s bizarre withdrawal of funding for its academy in Port Elizabeth a blow to Southern Kings and black rugby-rich region, writes Liz McGregor

Pulling PE academy funds deals blow to development

Columnists

Simon Barber: Davies backs condemnation of Agoa as weapon of newly confident ‘monopoly capital’

Communists kick at Agoa delusions

Asia-Pacific

Malaysia says almost certain debris found in Reunion from a Boeing 777

A woman writes a message of hope for the passengers of the missing Malaysia Airlines flight MH370 on a banner at Kuala Lumpur International Airport on Wednesday. Picture: REUTERS
1 hour(s) ago

Malaysia ‘almost certain’ plane debris found on Reunion Island is from a Boeing 777, heightening possibility it could be wreckage from missing Flight MH370

Cricket

Dale Steyn joins 400 Test wicket club

Dale Steyn. Picture: AFP PHOTO/ISHARA S KODIKARA
1 hour(s) ago

Dale Steyn becomes second South African bowler to take 400 Test wickets after dismissing Bangladesh opener Tamim Iqbal on opening day of second Test in Dhaka

Healthcare

Proposed medical schemes change misunderstood, says state

Picture: THINKSTOCK
7 hour(s) ago

Controversial plans to limit responsibility of medical schemes for paying prescribed minimum benefits never intended to leave patients footing part of bills

Labour

Cosatu backs Expropriation Bill

Picture: THE TIMES
7 hour(s) ago

Union federation backs bill and says the courts do not have the capacity to conduct property valuations

Picture: THINKSTOCK

Drug companies see gene mutations as a blessing

Pharmaceutical companies are exploring genetic outliers, or rare DNA deviations, in search of drugs for some of the industry’s biggest, most lucrative markets, writes Caroline Chen

Financial Services

Trim fat, analysts tell Barclays Africa even as earnings surge

Barclays Group Africa CEO Maria Ramos addresses the media on the banking group's results in Sandton, Johannesburg.  Picture: MARTIN RHODES
7 hour(s) ago

Credit impairments fall 1% to R3.6bn aided by an improvement in home loan and credit card bad debts

Management

Startups scramble to define ‘employee’

Picture: THINKSTOCK
1 hour(s) ago

Hundreds of startups that rely on freelancers are under siege as lawsuits threaten to reclassify contractors as employees, which may drive up labour costs about 20% to 40%

Financial Services

Cadiz loses fixed income team to new RMI unit

Picture: THINKSTOCK
7 hour(s) ago

Staff migration raises questions about whether they will take billions of rand in client funds with them

Industrials

Durban to get supplier park

Picture: THINKSTOCK
7 hour(s) ago

Supplier park plan comes as the automotive industry awaits government word on the review of the automotive production and development programme

National

EFF lays charge over burglary in parliamentary office

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

Economic Freedom Fighters says parliamentary support staff found locks had been changed, doors left opened, private files were missing

Health

New norovirus could down millions, on land and sea

Picture: REUTERS
7 hour(s) ago

Infected food workers are frequently the source of norovirus outbreaks, often by touching ready-to-eat foods served in restaurants and cruise liners, writes Jason Gale

Mining

Gold Fields bond yields up as South Deep burns more cash

Picture: BLOOMBERG/KIYOSHI OTA
7 hour(s) ago

Bond market takes note of Gold Fields’ ‘perfect storm’: low gold price, South Deep’s cash burn and production delays

National

Unions and DA in jobs focus

Democratic Alliance MP David Maynier. Picture: TREVOR SAMSON
8 hour(s) ago

Cosatu welcomes improved job figures but calls for high-level employment indaba

Asia-Pacific

Samsung’s second-quarter profit falls 8%

Mock-ups of the Samsung Galaxy Note 4 smartphone are displayed at the company's flagship store in Seoul, South Korea. Picture: BLOOMBERG
56 minute(s) ago

Electronics giant posts 8% fall in net profit, promises ‘flexible’ pricing of new flagship smartphone after less than stellar sales contribute to slump in mobile unit earnings

Asia-Pacific

Islamic tensions on Beijing agenda

Turkish President Recep Tayyip Erdogan, right, and Chinese President Xi Jinping inspect Chinese honour guards during a welcoming ceremony in Beijing on Wednesday. Picture: AFP PHOTO/WANG ZHAO
7 hour(s) ago

Sino-Turkish relations focus on strategic co-operation despite tensions over Muslim Uighur minority

Americas

Shell to cut jobs due to sliding prices

The logo of Shell is pictured at the 26th World Gas Conference in Paris. Picture: REUTERS/BENOIT TESSIER
1 hour(s) ago

Royal Dutch Shell plans to reduce its headcount by 6,500 this year owing to falling prices, as it looks to complete BG Group takeover

Americas

Facebook, Google tighten grip on mobile ads

Picture: THINKSTOCK
3 hour(s) ago

Facebook offers fresh evidence of its allure to deep-pocketed big brands, as it, Google increasingly take lion’s share of fast-growing mobile advertising market

Retail & Consumer

Reynolds may give BAT second wind

Picture: THINKSTOCK
7 hour(s) ago

Camel brand owner Reynolds American paid $25bn for third-largest US cigarette maker Lorillard last month

National

Departments must pay councils, says MPs

Paul Mashatile, ANC chairman in Gauteng. Picture: PUXLEY MAKGATHO
7 hour(s) ago

Appropriations panel demands Treasury put pressure on national and provincial departments to pay municipalities for services

Property

Capital Property reports distribution growth of 9%

Picture: THINKSTOCK
7 hour(s) ago

Capital Property Fund, which is likely to soon become a Fortress Income Fund subsidiary, has reported distribution growth of 9%

National

Oudtshoorn accepts Western Cape plan to intervene

A young boy plays with his cart in the temporary housing settlement in Riemvasmaak, the poorest township in Oudtshoorn.  Picture: THE TIMES
7 hour(s) ago

Oudtshoorn municipality's move means the province will oversee the embattled municipality’s key functions

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Cartoons

Picture: THINKSTOCK

Cancer, a study in deceit and rebellion

Multicellular life is a continual struggle between competition and co-operation — evolution can explain the rise of disease, writes George Johnson

Health

Buzz over malaria vaccine fades as difficulties dawn

Picture: BLOOMBERG
7 hour(s) ago

Kate Kelland: If children vaccinated against malaria continue to get the disease, why should mothers trust other vaccines?

Health

When depression disturbs work it’s time to help a blue colleague

Picture: THINKSTOCK
7 hour(s) ago

At work most people prefer to keep their relationships professional — even after many years of working side by side or bonding over deadlines, writes Vanessa Rogers

Management

Ways to craft an eye-catching summary on your CV

Picture: THINKSTOCK
1 hour(s) ago

Recruiters spend about six seconds before deciding to throw a curriculum vitae away, but a well-crafted summary can ensure yours is read

Health

The carbs vs fats argument by way of detour

France's Alexandre Geniez rides in a breakaway during the 110,5km twentieth stage of the 102nd edition of the Tour de France cycling race on July 25, between Modane Valfrejus and Alpe d'Huez, French Alps. Picture: AFP PHOTO/LIONEL BONAVENTURE
7 hour(s) ago

Carbohydrate intake before, during and in between stages of exercise remains the best way to facilitate energy production for homo sapiens, writes Matthew Haines

Motoring

INTERNATIONAL LAUNCH: A master class in evolution

Designers have given the new Audi R8 a more edgy look.  Picture: AUDI AG
8 hour(s) ago

Motor News travelled to Faro, Portugal to sample the second generation Audi R8

Health

Employers wake up to benefit of sleep

Picture: WIKI COMMONS
7 hour(s) ago

The best measure of your sleep quality is how you feel when you wake up, writes Vanessa Rogers

Handré Pollard. Picture: GALLO IMAGES/STEVE HAAG

Botha believes Pollard has the right stuff

Handré Pollard’s has struggled to reach the same heights as break-out season last year but former national captain and flyhalf Naas Botha believes in him

Other Sport

Boston’s to blame for bid backfiring, says IOC boss Bach

IOC president Thomas Bach addresses the media after the Executive Board meeting and IOC Session in Kuala Lumpur. Picture: AFP PHOTO/MANAN VATSYAYANA
8 hour(s) ago

Boston selected as US candidate for the 2024 Games but falls flat after U-turn over costs

Other Sport

Japan sorry for stadium U-turn

Former Japanese prime minister and Tokyo 2020 Olympics organising committee president Yoshiro Mori attends a press conference at the Japan National Press Club in Tokyo. Picture: AFP PHOTO/Toshifumi KITAMURA
8 hour(s) ago

Costs for the New National Stadium soars to $2.1bn — nearly twice original estimates

Cricket

Haddin no has-been, says Ponting

Ricky Ponting. Picture: REUTERS
8 hour(s) ago

Wrong to leave wicketkeeper Brad Haddin out of the team for the third Ashes Test, says former captain

Cricket

De Kock discovers the truth in that old sporting adage

Quinton de Kock. Picture: GALLO IMAGES/LEE WARREN
8 hour(s) ago

Wicketkeeper Quinton de Kock discovers it’s easier to get to the top than stay there

Opinion

Pulling Port Elizabeth academy funds deals blow to development

South African Rugby Union’s bizarre withdrawal of funding for its academy in Port Elizabeth a blow to Southern Kings and black rugby-rich region

JSE Sens

Standard Bank

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The Third Umpire

Energy Minister Tina Joemat-Pettersson, for allowing the nuclear procurement process to proceed in the absence of public debate or input from stakeholders, and without clarity on costs or how the deal will be financed.

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Council for Medical Schemes benefits management head Paresh Prema. The regulator’s proposal that schemes be allowed to offer products that do not cover prescribed minimum benefits will help take pressure off the state.

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Ses’khona leader and newly elected Western Cape ANC official Andile Lili, whose statement that criminals should be “killed immediately and brutally” rather than left to the police is unacceptable in a democracy.

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