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Simo Lushaba.  Picture: SUNDAY TIMES

Breaches in regulation ‘losing Post Office billions’

3 hour(s) ago

Administrator tells Parliament South African Post Office loses billions a year because of breaches in law that reserves segment of market for its exclusive operation

National

Gauteng government seeks legal opinion on further action against Lumka

Picture: THINKSTOCK
2 hour(s) ago

Provincial government is still consulting with lawyers on whether to pursue civil claim or criminal charges against finance head Stuart Lumka, who has been dismissed

Financial Services

Curator appoints CE for African Bank's
‘good bank’

Brian Riley
7 hour(s) ago

Initial focus of CE designate Brian Riley will be on development of financial, operational brand strategy for African Bank’s envisaged ‘good bank’

Politics

DA debate ‘will boost party’s appeal among undecided voters’

Clad in black, members of the Democratic Alliance including party leader Helen Zille (second from right) and parliamentary leader Mmusi Maimane (far right) arrive for the state of the nation address. Picture: TREVOR SAMSON
7 hour(s) ago

Political analyst says showcasing Democratic Alliance leadership battles on public platforms, such as televised debate, is good for party

African Business

Africa has made ‘significant progress’ in integrating cross-border payments

Lesetja Kganyago.  Picture: PUXLEY MAKGATHO
1 hour(s) ago

Regions in Africa have made rapid strides in integrating cross-border payment systems, says Reserve Bank governor Lesetja Kganyago

National

Job-creation aims of NDP may be unrealistic

Picture: THINKSTOCK
2 hour(s) ago

Target of creating 11-million jobs through National Development Plan requires thousands of new small enterprises, along with growth rate of about 20% a year

African News

Burundi’s top court says president can run again, angering protesters

Burundian President Pierre Nkurunziza. Picture: GETTY IMAGES
4 hour(s) ago

Constitutional court approves President Pierre Nkurunziza’s bid for third term in office, a ruling promptly dismissed as biased by opponents

Retail & Consumer

Ellies plunges on trading update

Picture: THINKSTOCK
4 hour(s) ago

Shares in electronics company crash as much as 21% on Tuesday following a weak trading update and the announcement of a rights issue.

Nhlanhla Nene. Picture: TREVOR SAMSON

EDITORIAL: Flawed UIF contribution holiday canned

No doubt the issue of the UIF surplus should be addressed, but that should ideally be as part of a package of reforms to employee benefits

Columnists

A number of young radicals, some without a cause, often argue that Nelson Mandela had sold out, writes Phakamisa Ndzamela

Madiba an economic sellout?

Columnists

Knowledge changes as new facts emerge, wisdom and insights tend to be timeless, writes Michel Pireu

Timeless insights from classics

Economy

Business confidence rises slightly in April

Picture: THINKSTOCK
6 hour(s) ago

South African Chamber of Commerce and Industry business confidence index shows small improvement, but ‘points to dismal business climate’

Markets

JSE closes lower despite rebound in mining shares

Picture: JSE
12 minute(s) ago

Local bourse closes lower on Tuesday despite platinum shares rocketing on day as overall market is dragged down by industrials, financials

Europe

VW aims to find new chairman quickly and return focus to business

An employee holds an emblem for a Volkswagen Golf car in a production line at the Volkswagen headquarters in Wolfsburg, Germany, in this November 14 2008 file photo.  Picture: REUTERS
1 hour(s) ago

VW says it will try to find new chairman quickly, announces long-planned tie-up of truck brands, seeking to return focus to business following ouster of Ferdinand Piech

Asia-Pacific

KFC to take a bite of Myanmar market

Picture: MICHAEL ETTERSHANK
2 hour(s) ago

KFC is poised to become first major US fast-food retailer in Myanmar, as long-isolated nation braces for influx of international food outlets

Britain's Prime Minister David Cameron speaks with supporters during an election visit with his wife Samantha to Hayesfield Girls' School in Bath, Britain, on Monday.  Picture: REUTERS

Bribes and evasions make for a dreary UK election

Neither of the main parties offers a broad view of the future that seems relevant to the host of challenges the UK faces, writes Martin Wolf

Middle East

Israel’s Netanyahu fights to form majority coalition

Israeli Prime Minister Benjamin Netanyahu believes the emerging terms of a deal with Iran fail to take Israel’s security concerns into account. File picture: REUTERS
1 hour(s) ago

Coalition talks take on heightened urgency, with Prime Minister Benjamin Netanyahu still short of even slimmest majority 36 hours from deadline to form government

Europe

Syriza’s 100 days: a slow reckoning with financial reality

Alexis Tsipras. Picture: REUTERS/ALKIS KONSTANTINIDIS
6 hour(s) ago

First 100 days of government of Alexis Tsipras has seen hope disappear into gulf between it and creditors

Europe

France set to approve controversial spy bill

8 hour(s) ago

French legislators to pass new law that grants state sweeping powers to spy on citizens despite criticism from rights groups that bill is vague, intrusive

Americas

Tech executive Dave Goldberg died after hotel gym accident

Sheryl Sandberg, chief operating officer of Facebook, arrives with her husband David Goldberg, CEO of SurveyMonkey, for the first day of the Allen and Co. media conference in Sun Valley, Idaho in this July 9 2014 file photo. Picture: REUTERS
9 hour(s) ago

Prosecutor confirms SurveyMonkey CE Dave Goldberg died from head injury sustained while exercising at Mexican resort

National

Ithuba betting on Vodacom-MTN partnership deal

Picture: SUNDAY TIMES
12 hour(s) ago

Previous operator Gidani used MTN as its service provider, but Ithuba will be using Vodacom as well as MTN infrastructure

Labour

Cape Town waste and water services at risk as strike starts

Picture: SOWETAN/FINANCIAL MAIL
12 hour(s) ago

Nearly 5,000 municipal workers union members launch indefinite strike over wages for standby staff, transport and changes to the shift system

Transport & Tourism

SA Airlink to fly tourists directly to luxury safari lodges

One of four Cessna Grand Caravan aircraft bought by SA Airlink in a finance deal with Nedbank Capital to transport holidaymakers to upmarket game lodges in Mpumalanga. Picture: SUPPLIED
12 hour(s) ago

Latest flight offering to luxury lodges in Mpumalanga allows SA to compete with destinations in East Africa and Botswana

Europe

Greece steps up diplomacy to avert
cash crunch

Frayed European Union and Greek flags flutter atop the Greek Ministry of Finance in central Athens.  Picture: REUTERS
2 hour(s) ago

Greece in bid to avert potentially catastrophic funding crunch this month, when it must make big debt repayment to IMF

African News

US secretary of state in surprise visit
to Somalia

US Secretary of State John Kerry arrives at the airport in Mogadishu, Somalia, on Tuesday.  Picture: REUTERS
3 hour(s) ago

John Kerry makes surprise trip to Somalia, becoming first US secretary of state to visit war-ravaged Horn of Africa nation

African News

Rwanda alarmed by Burundi unrest as refugees stream across border

Burundian President Pierre Nkurunziza. Picture: REUTERS
3 hour(s) ago

Foreign minister voices concern over neighbouring Burundi’s clampdown on more than week of protests against president’s decision to seek third term in office

Gadgets & Gear

Foxconn’s robot army yet to prove match for humans

Picture: THINKSTOCK
6 hour(s) ago

Electronics maker faces challenges in fine-tuning its Foxbots to handle intricate tasks required to assemble modern gear, gadgets

Asia-Pacific

Nepal, aid agencies trade blame as confusion mars quake relief

A policeman stands guard at a site of collapsed buildings as rescue workers clear debris after an earthquake in Kathmandu, Nepal. Picture: REUTERS
31 minute(s) ago

Row breaks out between Nepal and international agencies over handling of aid that poured into the country after last month’s devastating earthquake

Asia-Pacific

Tsunami threat as earthquake hits Papua New Guinea

Picture: THINKSTOCK
8 hour(s) ago

Seismologists warn tsunami waves are possible along coast after earthquake strikes off New Britain region, but residents say sea levels are unchanged

Law & Constitution

Judge calls on MPs to look at stalled ’98 euthanasia bill

Picture: THINKSTOCK
11 hour(s) ago

In 1998 former president Nelson Mandela asked the Law Reform Commission to research ‘assisted suicide and the artificial preservation of life’

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Cartoons

Picture: THINKSTOCK

Three strategies for saving time

Here are three new approaches that are better suited for today’s complex work environment

Growth Engines

Paving the way for the expat skills SA needs

Marussia van der Merwe and Connie Peter, directors of Expats On The Globe, at BD-TV in Rosebank. Picture: FREDDY MAVUNDA
11 hour(s) ago

There have been enormous challenges, especially with the new immigration regulations introduced last year, Expats On The Globe director Connie Peter tells Katy Chance

Health

New fixes for worn knees

Injections of sugar water into the knee could help the pain of osteoarthritis. Picture: THINKSTOCK
4 hour(s) ago

Researchers are close to developing an artificial meniscus, a step that could help stave off more serious problems, including arthritis, knee-replacement surgery

Opinion

PAVLO'S PERSPECTIVE: Investing in Africa with grace and commitment

SA’s infrastructure supporting a world-class banking, retail, education, health, environment and legal system makes for a managed entry into Africa, writes Pavlo Phitidis

NEW ARENA: Filipino boxer Manny Pacquiao attends a news conference at the Venetian Macao on Saturday. Pacquiao, who will fight Brandon Rios of the US at the hotel on November 24, will continue his political career when he retires from the ring. Picture: REUTERS

Manny Pacquiao to undergo shoulder surgery

Manny Pacquiao will have operation to fix torn rotator cuff, boxer claims injury hampered his bid to beat Floyd Mayweather in richest fight in boxing history

Sport

Success ‘may burn out Pirates’

Orlando Pirates coach Eric Tinkler comments during the 2015 Carling Black Label Cup media launch at FNB Stadium on Monday in Soweto. Picture: GALLO IMAGES/LEE WARREN
11 hour(s) ago

Coach Eric Tinkler warns of progress in Caf Confederation Cup, saying ‘our recovery has to be vital’

Rugby

Spies has a long way to go to make Springbok squad

Pierre Spies. Picture: GALLO IMAGES/LEE WARREN
11 hour(s) ago

Coach Heyneke Meyer says his former young star Pierre Spies will have to join the back of the queue to earn a Rugby World Cup place

Soccer

Three Algerian clubs make African soccer history

Picture: THINKSTOCK
11 hour(s) ago

Algeria is the first country to have three clubs in the Caf Champions League group stage with wins from Entente Setif, USM Alger and Mouloudia El Eulma

Rugby

Injury sees Bulls’ Piet van Zyl out for season

Piet van Zyl is confident that his ambition will help him bounce back this season. GALLO IMAGES, LEE WARREN
11 hour(s) ago

Coach Ludeke will also have to think hard about including prop Dean Greyling in the touring squad

Opinion

Is AB suffering from a World Cup selection rumpus hangover?

AB De Villiers. Picture: AFP PHOTO/MICHAEL BRADLEY

For one of the fastest, cleverest runners between the wickets to be run out twice in two completed innings ... is fodder for quiz compilers

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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

Lanseria Airport MD Gavin Sayce. The planned expansion of SA’s only privately owned international airport will reduce congestion on the East Rand near OR Tambo and help keep Airports Company SA on its toes.

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Statistician general Pali Lehohla, for driving an initiative to produce more statistics that are relevant to the National Development Plan. You can’t implement properly if you can’t monitor progress accurately.

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IFP MP Narend Singh, who is championing the Medical Innovation Bill on new treatments for the terminally ill since the deaths of fellow MP Mario Oriani-Ambrosini and right-to-die advocate Robin Stransham-Ford.

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