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National

Zuma tries to sidestep fallout with climbdown

The issue of whether President Jacob Zuma would pay back the money spent on upgrades to his Nkandla home has harmed both the African National Congress and Parliament. Picture: REUTERS/ROGAN WARD
8 hour(s) ago

President Jacob Zuma admits he’s bound by Public Protector Thuli Madonsela’s finding, and that Nkandla has ‘traumatised’ South Africa

Business

Business offers plan to stave off downgrade

President Jacob Zuma at a meeting with business leaders in Cape Town on Tuesday. Picture: ESA ALEXANDER
8 hour(s) ago

Main question left hanging after frank talks between President Zuma, cabinet ministers and more than 100 CEOs is what the follow-through will be

Markets

Rand remains wounded by Nene firing

Picture: GALLO IMAGES/FOTO24/LOANNA HOFFMAN
8 hour(s) ago

Rand and financial and banking stocks yet to recover fully from the destruction wrought by firing of former finance minister Nhlanhla Nene

Retail & Consumer

Sovereign blocks rival in BEE scheme

Picture: THINKSTOCK
8 hour(s) ago

Poultry group's total cost of revised repurchase offer will be R32.4m — significantly less than R70m Sovereign could have forked out

Energy

Japan body open to Eskom for funds and technology

WARMING UP: Reactor buildings at Kansai Electric Power’s Takahama nuclear power plant in the town of Takahama. Japan’s nuclear plants were closed in 2011, but Takahama is in the process of reopening. Picture: REUTERS/KYODO
8 hour(s) ago

State-owned Japan International Co-operation Agency launches talks with power utility on financing and technology to boost transmission efficiency

Mining

Master Drilling unveils new concept at indaba

Danie Pretorius. Picture: TREVOR SAMSON
8 hour(s) ago

CEO Danie Pretorius says Master Drilling’s ground-breaking way to sink shafts combines technologies into single patented machine

Energy

Renewable Power’s first wind farm to come online by July

Long-established oil and gas companies are under attack from renewable sources — principally wind, solar and biofuels — which are backed by governments in all the world’s leading economies, and from smaller, nimbler companies. Picture: DAVID MACGREGOR
8 hour(s) ago

Wind-power price expected to undercut new fossil fuel-generation, according to Mainstream executive

Economy

SA heading for policy discouraging trade through new bills

LET’S TALK: Peter Draper, MD of Tutwa Consulting, says the ideological agenda behind the bill is unfavourable to business. Picture: RUSSELL ROBERTS
8 hour(s) ago

Private security and expropriation bills sully South Africa’s image as attractive investment destination, SA-European Union hears

MEMORIAL: Crosses planted on the koppie near the Nkaneng informal settlement in Marikana where 34 miners lost their lives at the hands of police during a protest in August 2012. Picture: THE TIMES

BEE MATTERS: Adopting students one way in which to earn BEE points

Re-alignment of business to broadly represent South Africa’s racial demographics has taken centre stage, writes Gideon Gerber

Columnists

If court action can achieve what political theatre cannot, the system does work, writes Steven Friedman

The system works for those who can work it

Opinion & Analysis

Thulas Nxesi and Nathi Nhleko have engraved their names in the history books as foolish men who sacrificed their principles, writes Sam Mkokeli

Stooges wasted effort in propping up Zuma

Mining

AngloGold suspends search for partnerships in Ghana and Colombia

Srinivasan Venkatakrishnan, CEO AngloGold Ashanti. Picture: TREVOR SAMSON
3 hour(s) ago

Last year, AngloGold Ashanti outlined a plan to cut debt and restructure its asset portfolio, as the gold miner deepened its focus on profit margins rather than output

Industrials

Lower costs lift Sappi’s North American business

FUTURE: Workers stand beside storage towers at Sappi’s Ngodwana wood mill in Mpumalanga on  Wednesday. Picture: BLOOMBERG
3 hour(s) ago

The wood pulp, paper pulp and paper-based solutions group says operating performance in the quarter was strong and substantially above the year-earlier period

Economy

Positive Zuma address to help offset rand pressure

President Jacob Zuma answers question in the National Assembly on Thursday. Picture: TREVOR SAMSON
8 hour(s) ago

Indications of state spending cuts and hints at tax hikes in president’s state of the nation address will be good news for the ailing currency

Economy

Economic transactions decline in January, index shows

Picture: THINKSTOCK
3 hour(s) ago

A total of 78-million transactions amounting to R640.9bn were recorded in January compared with 89-million transactions totalling R784.6bn in December

Americas

White House hopefuls Trump, Sanders capture New Hampshire

Republican US presidential candidate Donald Trump reacts  at his 2016 New Hampshire presidential primary night rally in Manchester, New Hampshire on Tuesday. Picture: REUTERS/JIM BOURG
7 hour(s) ago

Donald Trump’s win solidifies his front-runner status in the race to be the party’s White House nominee

HELP THEM: Small businesses require a conducive operating environment and access to financial and nonfinancial support interventions. THE HERALD

Synergy holds the keys to growth

Supply-chain inclusion is the way to go for economy, writes Toby Chance

African News

Ebola’s ‘burial boys’ battle depression and addiction with no hope of help

Sierra Leone's Red Cross Society Burial Team 7 carrying the corpse of a child in Freetown. Picture: AFP/ FRANCISCO LEONG
1 hour(s) ago

Liberia has just one psychiatrist for a population of 4-million, according to the health ministry, while Sierra Leone, home to 7-million, also has only one

National

Guptas succeed in legal remedy to halt EFF threats

PROTECTION:  Ajay, left, and Atul Gupta and other members of the family turned to the high court for an urgent order to stop the Economic Freedom Fighters from inciting violence against them and staff in their businesses. The Guptas said threatening calls were received earlier this week. Picture: MARTIN RHODES
8 hour(s) ago

Contentious business family’s lawyer shows court footage of EFF members shouting ‘shoot Zuma, shoot the Guptas’ outside the Constitutional Court

Europe

Heineken increases dividend by more than expected

Heineken. Picture: BLOOMBERG/RON ANTONELLI
5 hour(s) ago

Brewer says margin expansion in 2016 is expected to be in line with its medium-term target, although it warned that emerging markets may be volatile

Management

Labour broking laws questioned

Richard Pike, CEO of Adcorp. Picture: FINANCIAL MAIL
8 hour(s) ago

Adcorp CEO Richard Pike attributes loss of 20,000 temporary workers to misunderstanding legislation rather than ‘a testament of the new law’s success’

Retail & Consumer

Sports group boosts sales 12%

Picture: REUTERS
8 hour(s) ago

Sports gear lovers boost sales at Sportsmans Warehouse while Outdoor Warehouse again under pressure

Property

Hyprop invests in East European malls

Picture: THINKSTOCK
8 hour(s) ago

South African shopping mall owner buys significant stakes in malls in Serbia and Montenegro for about R2bn

African Business

Democratic Republic of Congo ‘will not change mining code’

SURVIVING:  People fetch water outside  a mine run by Sicomines in Kolwezi, Congo. Work is tailing off as Glencore has suspended operations at its Katanga copper mine. Picture: REUTERS/AARON ROSS
5 hour(s) ago

Mines minister tells investors that the current code will stay in place, so there is no need for them to modify their business plans

Asia-Pacific

Japan widens North Korean sanctions after rocket launch

Picture: REUTERS
10 minute(s) ago

The restrictions ban entry of all North Korean ships to Japanese ports and add other limits to travel between the two countries

Americas

US Supreme Court votes down regulations to curb CO2 emissions

Barack Obama. Picture: AFP PHOTO / JIM WATSON
1 hour(s) ago

The court voted 5-4 along ideological lines to grant a request by 27 states, companies and business groups to block the Obama administration’s Clean Power Plan

Financial Services

Credit registration aims to muzzle loan sharks

Picture: DAILY DISPATCH
8 hour(s) ago

Tighter credit extension regime aimed at tackling over-indebtedness crippling many households in South Africa

Labour

Collective bargaining test heads to court

Picture: THINKSTOCK
8 hour(s) ago

Free Market Foundation challenges constitutionality of collective bargaining system to stop ‘colluders who impose their collusion on noncolluders’

Mining

Kumba in rail talks amid cut in expenses

Kumba Iron Ore CEO Norman Mbazima at media round table on the group's results in Illovo, Johannesburg, on Tuesday. Picture: MARTIN RHODES
8 hour(s) ago

Producer aims to be debt-free by year-end but it faces headwinds including unexpected tax demand for R1.8bn payment

Mining

Aquarius Platinum posts high output at local mines

Picture: THINKSTOCK
8 hour(s) ago

Mining companies seek to maximise lower-cost output as commodities downturn deepens

African News

Zimbabwe calls for $1.6bn in aid to pay for food

Zimbabwean Vice-President Emmerson Mnangagwa. Picture: REUTERS/PHILIMON BULAWAYO
18 hour(s) ago

Government issues aid appeal to save more than a quarter of the population from starvation due to drought

View more

Cartoons

Picture: ISTOCK

Smartphones are killing the digital camera stars

A rapid shift to picture-taking smartphones has torn into the industry that now has to find ways to hit back with upmarket options and web-friendly features

Management

Feminine management style a myth, study finds

As more women reach managerial positions, the approach within companies is becoming more target-focused, a new study has found. Picture: ISTOCK
8 hour(s) ago

Survey also shows significant drop in emphasis on sociable relationships within gender-mixed senior management teams

Management

Poor athlete but fearless sport agent

P Management founder Karabo Mathang-Tshabuse is one of the BBC’s 100 women of 2015. Picture: SOWETAN
8 hour(s) ago

Internationally acclaimed Soweto-born Karabo Mathang-Tshabuse goes extra mile to steer careers to new heights in sport, writes Eugene Yiga

Management

Big kitty in private sector for growing black firms

Citrum Khumalo. Picture: SUNDAY TIMES
8 hour(s) ago

Corporates must innovate more in aid of empowerment, writes Stephen Timm

Management

Retirement is a change of pace, not end of the road

It is important to strengthen and maintain family ties, and also to join group pursuits, to combat against a major retirement bugbear — loneliness. Picture: ISTOCK
8 hour(s) ago

Advances in medical science mean that people with access to healthcare are living longer and extending their working lives, writes Yvonne Fontyn

Management

Empathy line will check the robots’ advance

As much as 98% of pilots’ routine work is now automated, and some in the industry worry about the tasks that human pilots are asked to do only occasionally. Picture: REUTERS
8 hour(s) ago

The Future of the Professions, a book by father and son duo Richard and Daniel Susskind predicts radical change about the automated future of professions

Books

Marketing has to yield bang for bucks

Picture: THINKSTOCK
9 hour(s) ago

At the core is understanding market share: the size of the pie and its spending power, write Mark Eardley and Charlie Stewart

ON FIRE: South African batsman Quinton de Kock plays a shot during the third one-day international match between England and SA at SuperSport Park in Centurion on Tuesday. Picture: AFP

Amla and De Kock come out guns blazing

Proteas dish brilliant performance that leaves England with no answer

Other Sport

Recharged Schwartzel ready for young guns

Charl Schwartzel.  Picture: GALLO IMAGES
9 hour(s) ago

Schwartzel relishing the opportunity to take on new young stars of South African golf

Rugby

Argentina Test stars loom for Stormers

Argentina's Agustin Creevy in action with Georgia's Davit Zirakashvili last year during the Rugby World Cup. Picture: REUTERS
9 hour(s) ago

Stormers coach Robbie Fleck describes Argentina’s new representatives in Super Rugby, the Jaguares, as ‘one of the favourites’ to win the title

Soccer

Chiefs mug impressive Wits

Keegan Dolly. Picture: GALLO IMAGES
9 hour(s) ago

Wits dominated the first half to an almost alarming extent, creating opportunities and pinning Chiefs on the back foot

Rugby

Bulls coach gobsmacked by Pollard injury

Handre Pollard of South Africa during the Rugby World Cup 2015 Pool B match between South Africa and Scotland at St James Park in Newcastle upon Tyne, the UK, on Saturday. Picture: GALLO IMAGES/STEVE HAAG
9 hour(s) ago

With Pollard out, the fight for the Bulls No10 jersey will be between Tian Schoeman and new signing Francois Brummer

Soccer

Title chase is a ‘piece of cake’ for Ranieri

COLOURFUL:  Leicester  manager Claudio Ranieri’s folksy wisdom has been as endearing as his unfancied team has been surprising.   Picture: REUTERS
9 hour(s) ago

It is hard to believe that just seven months ago the Italian’s arrival at the plush facility was greeted with widespread ridicule

Soccer

United shares drop as Van Gaal feels the heat

Louis van Gaal.  Picture: REUTERS
9 hour(s) ago

Manchester United manager suffers fresh blow when club’s share price dips to lowest level in more than three years

Standard Bank

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