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Picture: THINKSTOCK

Consumer confidence plunge to test Bank

59 minute(s) ago

Timing of interest rate hike will weigh growth against inflation as collapse in consumer confidence provides strongest indication yet of troubled state of the economy

Energy

Eskom freezes job cuts to retain vital skills

Picture: SUNDAY TIMES
1 hour(s) ago

Jobs growth has averaged 20% a year since 2008 even as electricity output fell amid frequent breakdowns of ageing coal-fired generation plants

Telecoms & Technology

Sadc agrees on new target for digital TV

Faith Muthambi. Picture: GCIS/NTSWE MOKOENA
1 hour(s) ago

Southern African Development Community states agree to complete migration process by next June — ambitious since most have not yet started

Industrials

ArcelorMittal takes a hit as sector bleeds

Picture: THINKSTOCK
1 hour(s) ago

Steel giant has lost nearly 53% of its value since January, totalling a loss of 84% since September 2011

Europe

IMF warns of huge financial hole as Greek vote looms

Picture: REUTERS
12 hour(s) ago

International Monetary Fund says Greece needs extra €50bn over the next three years, including €36bn from its European partners, to stay afloat

National

EFF to lay charges against Ramaphosa and Mthethwa for Marikana

Deputy President Cyril Ramaphosa briefs the media on the new e-tolls dispensation on Wednesday.  Picture: GCIS
1 hour(s) ago

Economic Freedom Fighters concerned Deputy President Cyril Ramaphosa and former police minister Nathi Mthethwa will go unpunished for massacre of striking Lonmin mineworkers

Mining

Land claim threatens community’s Lonmin deal

Rural Development and Land Reform Minister Gugile Nkwinti addresses the media after his budget vote to the National Assembly on Friday.  Picture: TREVOR SAMSON
1 hour(s) ago

Multimillion-rand equity deal between Lonmin and a Marikana community could be in jeopardy due to a revived land claim

Transport & Tourism

More Mamelodi buses stoned as talks stall

Picture: SOWETAN
1 hour(s) ago

Gauteng MEC lashes taxi groups for trying to dictate which mode of transport commuters should use as more buses stoned

A Palestinian street vendor prepares falafel balls at a market in Gaza City on Tuesday. Picture: AFP PHOTO/MOHAMMED ABED

Israel’s lack of co-operation leaves gaps in UN war report

Israel’s response to international criticism has become so routine that it has become meaningless, writes Mia Swart

Columnists

Gareth van Onselen: SAPS operates much like a compromised political party: a close-knitted, self-selecting universe where unethical are rewarded

TWEET OF THE WEEK: A political party in the making

Columnists

Peter Bruce promo

Young and rash, Alexis Tsipras stands a good chance of losing this weekend’s referendum and with it his job, writes Peter Bruce

This Greek tragedy may not end badly

Property

Melrose Arch seeks more residents to boost retailers

Meago Asset Managers executive director Jay Padayatchi says retail at Melrose Arch is not performing as planned. Picture: ROBERT TSHABALALA
1 hour(s) ago

A R450m residential development launched to boost number of wallets heading to Melrose Arch

Transport & Tourism

Uber says police pick on drivers for their nationality

The Uber logo is seen on a vehicle near Union Square in San Francisco, California May 7, 2015. REUTERS/ROBERT GALBRAITH
1 hour(s) ago

Cape Town’s Uber drivers complain of racial profiling by police and lengthy waiting times for licence approvals

Land & Agriculture

Nestlé commits to growing chicory industry

Picture: REUTERS
1 hour(s) ago

State and Nestlé SA sign a five-year commitment aimed at raising chicory output at Alexandria factory and creating 870 new jobs

Growth Engines

Three innovative local businesses win honours at The Growth Engines awards

Pavlo Phitidis. Picture: SUPPLIED
1 hour(s) ago

Business ventures GridCars, Qrent and Bespoke Amenities Co scoop awards for successful innovations and for raising the bar in entrepreneurship

Picture: THINKSTOCK

EDITORIAL: Let’s be more pragmatic about our laws

Those tasked with reviewing our laws and those who make them must become more pragmatic in their legislative approach

Europe

General Electric butters up EU regulators over Alstom deal

Steve Bolze, CEO of GE Power & Water, is part of a team meeting European Union regulators over GE’s €12.4bn bid for French multinational Alstom’s energy unit. Picture: BLOOMBERG/AARON M SPRECHER
1 hour(s) ago

GE Power & Water chief Steve Bolze likely to call for a broader assessment of the sector to take into account Chinese rivals, which the commission has excluded from its review of competition

Other Sport

Murray keeps his serve while Federer shows his nerve

Andy Murray of Britain is all concentration on his way to victory over France’s Jeremy Chardy during their second round match at the Rome Open on Wednesday. Picture: REUTERS
1 hour(s) ago

Defending women’s champion Petra Kvitova beat Japan’s Kurumi Nara 6-2 6-0 in just under an hour

African News

Three new Ebola cases in Liberia

A health worker injects a woman with an Ebola vaccine during a trial in Monrovia, Liberia, in February. Liberia’s testing of experimental vaccines involves thousands of volunteers. Picture: REUTERS
1 hour(s) ago

Disease re-emerges nearly two months after the outbreak was declared over

Europe

Helios looks for investment partners

Helios chief operating officer Henry Obi says its Fund III has more than $800m looking for a home. Picture: FREDDY MAVUNDA
1 hour(s) ago

Africa-focused private equity firm 'well placed to share knowledge with South African companies' and has about $800m to invest in businesses in Africa

Economy

Smaller homes sought-after as sellers feel pinch

Picture: THINKSTOCK
12 hour(s) ago

A big percentage of sellers are down-scaling due to financial pressure, says Johan Loos, an FNB property strategist

Financial Services

FirstRand to buy out DirectAxis minorities

Johan Burger. Picture: BUSINESS DAY
12 hour(s) ago

Banking group aims to drive cross-selling opportunities between DirectAxis clients and First National Bank

Labour

NUM concludes wage deal with Samancor

Workers at an iron-ore smelter. Picture: REUTERS
16 hour(s) ago

National Union of Mineworkers agrees three-year wage agreement with Samancor Chrome, covering company’s operations in Rustenburg area

Energy

SA electricity production falls in May

According to Eskom's website, the project will include a super-critical plant able to operate with greater efficiency and at higher pressures than previous boilers.  Picture: ARNOLD PRONTO
18 hour(s) ago

Electricity production decreases 3.5% year on year in May 2015, Stats SA says, with seasonally adjusted electricity generation decreasing 0.8% in May compared with April

Mining

Pan African expands beyond gold

Picture: THINKSTOCK
1 hour(s) ago

Pan African Resources’s plan to buy coal mine near Newcastle raises concern it is straying too far from its core precious metals business

Health

SA has UN’s HIV testing goal in sight

Picture: THINKSTOCK
1 hour(s) ago

SA to meet United Nations’s goal of diagnosing 90% of HIV-positive adults by 2020, an important for gauging the effect of countries’ HIV programmes

National

NEWS ANALYSIS: Migration operation a precursor to border agency

Defence force members in Mayfair, Johannesburg, on Monday during a crime prevention exercise with police and government officials. Picture: SOWETAN
1 hour(s) ago

The new migration approach will be elaborated in the green paper to be released by March 2016, writes Khulekani Magubane

Transport & Tourism

Child advocacy groups back new visa rules

Picture: SUNDAY TIMES
1 hour(s) ago

Save the Children, ChildlineSA, the United Nations Children’s Fund, Molo Songololo and World Vision back stringent travel papers and argue children’s safety most important

Motoring

Rivalry in one-tonner vehicle market intensifies

The first sketch of the 2017 Mercedes bakkie.  Pictures: QUICKPIC and NEWSPRESS
1 hour(s) ago

Mercedes-Benz among those bringing out new high-end bakkies, writes Mark Smyth

Americas

Weak US employment report puts damper on September rate hike hopes

A woman walks to enter a line for the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York.  Picture: REUTERS
14 hour(s) ago

US job growth slows in June and Americans leave labour force in droves, tempering expectations for September interest rate hike from US Federal Reserve

Business

Government ‘has stood in way of entrepreneurs’, Manamela admits

Buti Manamela (left) and Julius Malema cut their political  teeth as student activists in Limpopo. Picture: TYRONE ARTHUR
17 hour(s) ago

Deputy Minister in the Presidency Buti Manamela says many small businesses fail because government does not settle its debts on time

African News

Egypt vows to squash jihadist insurgency after Sinai attack

A sign with an image of Egyptian President Abdel Fattah al-Sisi is on display in Cairo, Egypt. It reads ‘No to terrorism. Not corrupt’. Picture: REUTERS
1 hour(s) ago

Violence poses a major test for President Abdel Fattah al-Sisi, the former army chief who has pledged to wipe out the militants

Americas

BP to pay $18.7bn for Gulf oil spill

A fire blazes aboard the mobile offshore oil drilling unit Deepwater Horizon on April 22 2010. Picture: EPA
12 hour(s) ago

Agreement between British oil major and US government comes on top of the $43.8bn BP has already set aside for criminal and civil penalties and cleanup costs

Europe

Anglo planning job cuts as investors push for bolder overhaul, sources claim

Anglo American CEO Mark Cutifani. Picture: REUTERS
15 hour(s) ago

Anglo American planning to cut staff at head offices around world in effort to respond to commodity price rout , sources csay

Picture: PRETORIA STATE THEATRE

Musical about Marikana shines the spotlight on sociopolitical theatre

Although writer-director Aubrey Sekhabi avoids commenting on political aspects of killings and their aftermath, he says he hopes musical will contribute to a healing process

Opinion

LIQUID INVESTMENTS: What separates cheap plonk from a wallet-whacking trophy wine?

Like all high-end purchases, deluxe wine occupies its place on the pricing spectrum as a result of an implicit contract and a social conspiracy, writes Michael Fridjhon

Arts & Entertainment

ON THE STAGE: Satirists centre stage at festival

Tara Notcutt Picture: NATIONAL ARTS FESTIVAL
1 hour(s) ago

This year’s National Arts Festival has chosen the art (and artfulness) of satire as this year’s featured ‘artist’ in response to the roiling sociopolitical climate

Arts & Entertainment

Turbine fair cranks up art exposure

Picture: TURBINE ART FAIR
1 hour(s) ago

Lack of pretension, community-centred objectives and the professionalism are the hallmarks of this exceptional exhibition-art fair, writes Sue Blaine

Books

BOOK REVIEW: Backtrack: The Voice Behind Music's Greatest Stars

Tessa Niles. Picture: MARTIN RHODES
1 hour(s) ago

Tessa Niles's Backtrack is a fascinating insight into what it takes to work in rock and pop, the hard work and talent required, writes Sue Blaine

Gadgets & Gear

Google’s Photos app tagging blunder shows limits of algorithms

Picture: REUTERS
14 hour(s) ago

Google is a leader in artificial intelligence and machine learning, but company’s computers still have a lot to learn before they can understand important cultural sensitivities

JP Duminy says the Proteas have new goals as a team and as individuals ahead of the series in Bangladesh. The series starts with a T20 international in Dhaka on Sunday. Picture: DUIF DU TOIT/GALLO IMAGES

SA’s quest for T20 glory starts in Fatullah

Getting all in order for the World T20 matters more than winning

Other Sport

Hamilton’s heart is on home track

Mercedes’ Lewis Hamilton wants to lift the trophy at Silverstone this weekend when he races in front of a home crowd with only a 10 point lead over Nico Rosberg. Picture: REUTERS /OLIVIA HARRIS
1 hour(s) ago

World champion Lewis Hamilton bids to beat Mercedes teammate Nico Rosberg in the British Grand Prix this weekend

Rugby

Balanced Bok side can win cup, says Schalk Burger

Veteran player Schalk Burger during the Springbok training camp at St Peter’s College in Johannesburg on Monday. Picture: DUIF DU TOIT/GALLO IMAGES
1 hour(s) ago

World Cup veteran Schalk Burger believes a mix of old heads and some of the young talent could see the Boks go all the way

Other Sport

Delpech and Marcus target Durban July record

Picture: THINKSTOCK
1 hour(s) ago

Jockeys Anthony Delpech and Anton Marcus want to beat record four wins at SA’s most famous race

Soccer

US asks Swiss to extradite seven in Fifa probe

Members of the media walk in front of the headquarters of soccer's international governing body Fifa in Zurich, Switzerland.  Picture: REUTERS/RUBEN SPRICH
19 hour(s) ago

The officials, including two then members of Fifa’s executive committee, have been in jail since being detained on US arrest warrants in raid on Zurich hotel

Standard Bank

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The Third Umpire

Police Minister Nathi Nhleko, for introducing yet another red herring to the Nkandla saga. The bottom line is that R246m of public money was spent to provide security at the president’s private estate, and that is obscene.

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Western Cape Transport MEC Donald Grant, for dragging his heels in licensing Uber taxi drivers, which has resulted in hundreds of vehicles being impounded. Such disruptive technologies demand a more nimble response.

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Ses’khona leader and notorious “poo protester” Andile Lili, who has been elected to the Western Cape ANC’s executive committee, while his nemesis, former provincial secretary Songezo Mjongile, was voted out.

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