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Financial Services

Reserve Bank says lenders that rely on international vendors ‘must be vigilant’

Picture: SUNDAY TIMES
57 minute(s) ago

The criminals are still at large and police suspect more than 100 people were involved in the theft that took place across 16 Japanese prefectures

National

Oudtshoorn council to stay under administration until after local elections

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

The administrator and the Department of Local Government are developing a handover plan for a newly elected council

Business

SARS identifies South Africans mentioned in Panama Papers

Picture: GALLO IMAGES/CHARLES GALLO
5 hour(s) ago

SARS is matching the identities of these individuals with its own database and testing the Panama data against the income tax declarations of the South African residents

Mining

ArcelorMittal’s Saldanha plant to keep operating

Picture: REUTERS/DADO RUVIC
2 hour(s) ago

The plant focuses on steel exports, but low steel prices and high electricity and transport costs made it unprofitable last year

National

Zwane denies claims he went to Switzerland in January with Gupta firm

Mosebenzi Zwane. Picture: TREVOR SAMSON
4 hour(s) ago

Mineral Resources Minister Mosebenzi Zwane says he did not accompany Tegeta Exploration officials to negotiate the purchase of Optimum Colliery from Glencore

Media

Lotus FM ‘cannot be excluded’ from SABC’s local music quota

Picture: THINKSTOCK
3 hour(s) ago

Jazz veteran Don Laka has complained on his facebook account that money from music should not be allowed to flow from SA into India

National

MPs to focus on Jacob Zuma during questions session in Parliament

President Jacob Zuma. Picture: MICHAEL BRATT
3 hour(s) ago

Police Minister Nhleko will be asked why he did not obtain legal advice during the compilation of his report into the security upgrades at Nkandla

Financial Services

Long term insurance ombudsman facing rise in ‘difficult’ complainants

Picture: THINKSTOCK
4 hour(s) ago

Steady increase in unreasonable conduct on part of people complaining to Ombudsman for Long-term Insurance

Politics

DA accuses Nelson Mandela Bay of lying about billboard removal

Danny Jordaan. Picture: SOWETAN
4 hour(s) ago

DA alleges that mayor Danny Jordaan ordered the removal of the billboard, which read ‘Danny Jordaan proudly brought to you by Jacob Zuma’

OUT OF FAVOUR:  Senzo Mchunu stepped down as KwaZulu-Natal premier on Tuesday after the ANC ordered him to resign. His removal has strengthened President Jacob Zuma’s position in the province. Picture: SUNDAY TIMES

NEWS ANALYSIS: Mchunu exit set to deepen KwaZulu-Natal divisions

The ‘Premier League’ has cemented its support in KwaZulu-Natal, leaving the left in the province fearful of a purge, writes Natasha Marrian

Columnists

Allister Sparks masthead

Allister Sparks: Don’t imagine you would be better off leaving SA, the world is undergoing political lunacy

A scary right-wing wave is sweeping a fractured world

Columnists

Our failure to binge to lift the economy suggests a desperate need to do something different to turn around the economy, writes Xhanti Payi

Stress-eating, self-medicating nation needs rehab

National

De Lille flushed over toilet criticism

Mayor Patricia de Lille. Picture: TREVOR SAMSON
3 hour(s) ago

City of Cape Town mayor Patricia De Lille blasts Social Justice Coalition for continuous demands to install permanent flush toilets in informal settlements

National

Sandu welcomes ‘massive climb-down’ by SANDF

Suspended soldiers from the South African National Defence Force who marched to the Union Buildings in Pretoria in August 2009 have been paid a total of R7m a month for the past six years. Picture: SOWETAN
2 hour(s) ago

South African National Defence Union welcomes decision by South African National Defence Force to recall to duty more than 500 members on special leave since 2008

Companies

IDC’s restructuring of loan to Gupta-owned Oakbay was ‘political expediency’

Geoffrey Qhena. Picture: SUPPLIED
6 hour(s) ago

The DA says IDC CEO Geoffrey Qhena’s statement that there were ‘no political considerations’ associated with the restructuring of the loan, is nonsense

National

Sbu Ndebele recalled from top post as High Commissioner to Australia

Correctional services minister S'bu Ndebele briefs portfolio committee on Tuesday. 
PICTURE: Trevor Samson/ Business Day
6 hour(s) ago

This was revealed in Constitutional Court papers in the case against Tasima, which is accused of bribing Ndebele to extend its contract to run the eNaTIS system

Retail & Consumer

Reinet Investments dividend increases 2.5%

Richemont executive chairman and CEO Johann Rupert. Picture: SUNDAY TIMES
5 hour(s) ago

Reinet has been diversifying, selling 6.25-million British American Tobacco shares to further invest in Pension Corporation

National

ANC names MPs selected to choose new public protector

Public Protector Thuli Madonsela presents her strategic review plan to Parliament’s justice portfolio committee on Thursday.  Picture: TREVOR SAMSON
6 hour(s) ago

They will be on a committee to make the decision with two members of the DA, one of the EFF and two from other parties

Picture: THINKSTOCK

Decriminalising sex work the key to success of HIV programmes

The illegal status of sex work allows discrimination, social isolation and stigmatisation of sex workers, writes Relebohile Motana

Telecoms & Technology

MTN subscriber base grows, despite Nigerian and Ugandan drops

THAT SINKING FEELING:  Executive chairman Phuthuma Nhleko at MTN’s results presentation in Johannesburg on Thursday. Picture: RUSSELL ROBERTS
6 hour(s) ago

Says it is awaiting feedback from Nigerian authorities on $5.2bn fine, but it is optimistic of a conclusion in the short term

Education

Wits clamps down on protest

Picture: THINKSTOCK
3 hour(s) ago

Exams at University of Witwatersrand not disrupted‚ but university beefs up security after protests by workers on campus

Healthcare

Mediclinic revenue grows, but aftertax profit falls following Al Noor merger

Mediclinic International CEO Danie Meintjes. Picture: FINANCIAL MAIL
6 hour(s) ago

Mediclinic increased its number of SA hospital beds from 7,885 to 8,017 following expansion and the development of two new day in Limpopo and Durbanville

Middle East

Twin assaults in Syria, Iraq pile pressure on IS

Map of Syria and Iraq showing zones of control. Picture: AFP/SABRINA BLANCHARD
5 hour(s) ago

Territory under IS control has been shrinking for months, but it has carried out a wave of attacks, including bombings on Monday that killed 177 people

Retail & Consumer

Taste Holdings’ full year profit tumbles

Starbucks. Picture: BLOOMBERG/CRAIG WARGA
7 hour(s) ago

The drop was because of higher costs associated with its expansion, securing exclusive Starbucks rights and opening 68 more Domino’s pizza outlets

Financial Services

IDC says lower interest rate on Gupta loan not political issue

EXPLANATION: Industrial Development Corporation CEO Geoffrey Qhena says the loan to Oakbay was on commercial terms. Picture: PUXLEY MAKGATHO
11 hour(s) ago

CEO Geoffrey Qhena says the Oakbay loan restructuring went ahead as its risk profile changed dramatically

Telecoms & Technology

MTN needs new management to secure future

MTN acting CEO Phuthuma Nhleko. Picture: MARTIN RHODES
11 hour(s) ago

Shareholders are calling for leadership with a different approach, write Loni Prinsloo and John Bowker

Americas

Brazil president slams ‘psychological aggression’

Brazilian President Dilma Rousseff and acting-President Michel Temer. Picture: REUTERS
7 hour(s) ago

He is seeking to cement his authority in the face of multiple challenges on both the economic and political fronts

Financial Services

Reserve Bank fines Capitec and Deutsche Bank SA a combined R25m

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
7 hour(s) ago

Shortcomings were found in the banks’ systems to combat money laundering, but there was no evidence they facilitated money-laundering transactions

Retail & Consumer

Lewis full-year profit drops on weak spending and tougher regulations

Lewis Stores. Picture: FREDDY MAVUNDA/FINANCIAL MAIL
8 hour(s) ago

The furniture retailer, hit by reckless lending accusations last year, found more stringent lending laws were a major challenge for lower income consumers

Companies

Niveus declares total dividend for year to March of 17c

2 hour(s) ago

Foreign exchange losses of R40m caused KWV’s contribution to Niveus’s headline earnings to fall 35% to R31m

African News

AU forces Somali militants to give up most of the areas they control

Picture: REUTERS/MIKE HUTCHINGS
1 hour(s) ago

Al-Shabaab has been in retreat in Somalia since its fighters were forced to withdraw from Mogadishu in August 2011 after a series of military defeats

Markets

Summer heat for sterling if referendum backs status quo

Pound Coin. Picture:AFP PHOTO / BEN STANSALL
7 hour(s) ago

Bookmaker odds showing ‘remain’ as the most likely outcome have lengthened on an exit even further and now show only a 20% chance of a vote to go

Americas

US queries AB InBev on distribution incentives amid merger probe

A waiter serves a glass of beer ahead of an Anheuser-Busch InBev shareholders meeting in Brussels in this April 30 2014 file photo.  Picture: REUTERS
7 hour(s) ago

Sources say AB InBev is encouraging independent distributors to sell more of its beer brands at the expense of competing craft brews

African News

Zimbabwe to lobby for lifting of ban on ivory sales

Picture: REUTERS/KIM KYUNG-HOON
4 hour(s) ago

Government says the safeguarding of the country’s elephants it wholly dependent on establishing regular open-market ivory sales to fund management and enforcement action

Europe

Greece in debt relief breakthrough with eurozone, IMF

A Greek flag. Picture: REUTERS
6 hour(s) ago

Greece urgently needs bailout money to repay European Central Bank and IMF loans and has fallen behind in paying for everyday government duties and wages

View more

Cartoons

Grizelda Grootboom.  Picture: FREDDY MAVUNDA

AUTHOR INTERVIEW: Violence women face daily must stop

In her autobiography, Grizelda Grootboom provides a brutal, raw and honest account of how she was betrayed by a friend into a life of drugs and prostitution

Gadgets & Gear

SA software piracy shows slight decline

Cyber crime. Picture: REUTERS/KACPER PEMPEL
3 hour(s) ago

Thirty three percent of computers in SA have software installed that is not properly licensed, a one-point decrease on findings in 2013

Management

Passion filters into local coffee brand

Sihle Magubane is the founder and owner of coffee company, Sihle’s Brew. It is SA’s first individually black-owned coffee brand. Picture: SUPPLIED
11 hour(s) ago

Sihle Magubane decided to make his own opportunities, and now shows other young people how, writes Nce Mkhize

Opinion

THE POINT: New student body grows entrepreneurship

Picture: THE TIMES

Nonprofit Student Business Council wants to bridge academic and practical know-how for aspiring young entrepreneurs

ON TRACK: Novak Djokovic celebrates after winning his first round match against Taiwan’s Lu Yen-Hsun in Paris on Tuesday. Picture: AFP

Djokovic cruises, Murray recovers

Serb targets first title victory at French Open

Other Sport

Rosberg aims for another streak

Mercedes Formula One driver Nico Rosberg of Germany reacts after winning the Monaco F1 Grand Prix in Monaco May 24, 2015. Picture: REUTERS/ROBERT PRATTA
12 hour(s) ago

Only triple world champion Ayrton Senna has won more than three Formula One championships in a row, but Rosberg is on the cusp of stepping up alongside late Senna

Soccer

Spotlight back on players for expanded Euros

STRIKE FORCE: Harry Kane, left, celebrates with Jamie Vardy after scoring for England in a friendly against Turkey. England will be pinning their hopes on the two strikers for a first trophy in 50 years. Picture: REUTERS/DARREN STAPLES
12 hour(s) ago

Unfamiliar qualifiers will be hoping to show their mettle at an event criticised by some as substituting quality for quantity

Soccer

Big clubs keen to sign Mncwango

Picture: THINKSTOCK
12 hour(s) ago

The Polokwane City striker has caught the eye of Gauteng club managers this season

Other Sport

Malinga ready to fight Whiteboy

Vus’umuzi Malinga. Picture: SOWETAN
12 hour(s) ago

Patrick "Hammer" Malinga, who has fought 181 rounds in 40 bouts, will welcome Capetonian Ashton Whiteboy for vacant WBA Pan African belt

Other Sport

Mamabolo vows to lead the local challenge at Comrades

Ludwick Mamabolo enters Kingsmead stadium in Durban in second place behind Bongmusa Mthembu in the 2014 Comrades Marathon. Picture: GALLO IMAGES
12 hour(s) ago

Sunday’s 91st edition will see the past four winners square up against each other

Soccer

Mbombela within reach of fantastic feat

Bednog Manyike of Mbombela United. Picture: SYDNEY MAHLANGU/BACKPAGEPIX
12 hour(s) ago

National First Division rookies Mbombela United are on course to repeat the fairy-tale story of Chippa United

Soccer

Cantona: Mourinho not right for United

DEFENSIVE: Jose Mourinho leaves his London home on Tuesday confronted by the media. Picture: REUTERS
12 hour(s) ago

Club great Eric Cantona says incoming Manchester City boss Pep Guardiola would have been a better pick

Soccer

Mosimane welcomes re-entry to Caf event

Pitso Mosimane attends the Absa Premiership Player and Coach of the month prize giving for March and April 2016 in Johannesburg on Thursday. Picture: GALLO IMAGES/SYDNEY SESHIBEDI
12 hour(s) ago

Mamelodi Sundowns coach Pitso Mosimane expresses delight after the club is reinstated to the Caf Champions League

Opinion

League’s playoffs for top flight have too few payoffs

It helps that this is an Olympic year and PSL will kickoff later than usual, but still, whoever wins the playoffs will have less time to recharge the old batteries

Standard Bank

JSE Sens

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The Third Umpire

Chief electoral officer Mosotho Moepya’s concession in the Constitutional Court that he may have “misconstrued” the IEC’s legal obligations is a far cry from his obstinacy of the past several months.

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SABC chairman Mbulaheni Maguvhe, for failing to end chief operating officer Hlaudi Motsoeneng’s employment despite a court dismissing his application for leave to appeal against a ruling setting aside his appointment

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PIC CEO Daniel Matjila. The role the state pension fund administrator is playing in compiling a consortium of black investors to buy control of Absa is far better than putting pensioners’ money on the line for political ends

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Calendar

ArcelorMittal ArcelorMittal AGM
Illovo Illovo AGM
MTN MTN AGM
Lewis Lewis finals
HCI HCI finals
Mediclinic Mediclinic finals
Niveus Niveus finals
Taste Taste Holdings

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