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Retail & Consumer

Acquisitive Steinhoff is mum on dividends

UNION: The Department of Trade and Industry aims to group firms companies together to ensure greater efficiency. Picture: SUNDAY TIMES
12 minute(s) ago

The sales contribution from JD Group declined due its move away from credit-dependent customers and the rand’s deterioration against the euro

Economy

Credit extension growth slows further, as pressure on households persists

Credit. Picture: ISTOCK
1 hour(s) ago

Money supply growth also slowed more than expected in July, and economists say corporate credit extension is helping to keep credit growth as high as it is

National

Reserve Bank authority to license banks questioned

Mosebenzi Zwane. Picture: BUSINESS DAY
4 hour(s) ago

Mosebenzi Zwane recommended the Banks Act be amended in the wake of SA's major banks’ exodus from Gupta family and ventures

Education

Firefighters battle to contain blaze at UKZN Pietermaritzburg campus

A Baltimore firefighter attacks a fire in a convenience store and residence during clashes after the funeral of Freddie Gray in Baltimore, Maryland in the early morning hours of April 28, 2015. Picture: REUTERS/ERIC THAYE
41 minute(s) ago

The main exam hall has been badly damaged, including a collapsed roof — barely two days after a coffee shop at the Durban campus was razed

Science & Environment

Kruger National Park makes a small dent in rhino poaching

Picture: SUNDAY TIMES
40 minute(s) ago

The number of animals killed has fallen slightly this year, and its head ranger says poachers succeed in only two of 10 daily attempts — but the population is still vulnerable

National

Union warns of border agency strike

Malusi Gigaba. Picture: SUNDAY TIMES
4 hour(s) ago

Nehawu dismisses reassurances on public service working conditions at SA’s proposed border management agency

Property

Menlyn set to become largest mall in Africa

ON A ROLL: A customer hurls balls down the lanes at the Menlyn Park Shopping Complex in Pretoria. Picture: SUNDAY TIMES
3 hour(s) ago

Pareto-owned Menlyn Park’s R2bn expansion will take the regional mall giant to 500 retail outlets

Health

Aaron Motsoaledi still adamant private healthcare is too costly

Aaron Motsoaledi. Picture: FREDDY MAVUNDA
4 hour(s) ago

Aaron Motsoaledi says healthcare providers are free to operate in SA but must stay within the rules

EDITORIAL: The complex life of the rand

South Africa’s politicians and the US Federal Reserve hold the controls

Columnists

SA’s problem is that it has structurally low growth and employment, and structurally high inflation, writes Hilary Joffe

Kganyago takes a scalpel to SA’s economic problems

Columnists

Steven Friedman considers why warring factions within the ruling party want to avoid a zero-sum fight

ANC unity deal will keep patronage faction at the table

Law & Constitution

Four on short list for post in highest court

FULL BENCH: Judges of the Constitutional Court listen to arguments in a case. Four candidates are currently vying for one new appointment to the Constitutional Court. Picture: SOWETAN
4 hour(s) ago

Candidates for the highest court are Supreme Court of Appeal justices Ronnie Bosielo, Stevan Majiedt and Malcolm Wallis and Gauteng High Court Judge Jody Kollapen

Transport & Tourism

EXCLUSIVE: Prasa probe affecting staff morale, says Peters

Prasa's test train at the Medunsa station outside Pretoria. A public protector report has revealed wide-scale irregular tenders. Picture: THE TIMES
4 hour(s) ago

Dipuo Peters warns the large-scale forensic investigation at Prasa is interfering with its daily operations

Industrials

IDC profit drops but China car maker deal spells good news

FOCUS:  Industrial Development Corporation CEO Geoffrey Qhena says it is vital to support industrial development. Picture: BUSINESS DAY
4 hour(s) ago

The Industrial Development Corporation has been hit hard by the commodities slump and slow global growth

Business

Experts call for easier plan to tax hidden cash

Franz Tomasek. Picture: FINANCIAL MAIL
4 hour(s) ago

A tax expert warns that the six-month applications window is too narrow to collect complex supporting documentation in voluntary disclosure programme

Economy

Reserve Bank ‘does not bow to political pressure’

South African Reserve Bank governor Lesetja Kganyago announces the decision on interest rates in Pretoria on Thursday. Picture: PUXLEY MAKGATHO
15 hour(s) ago

ANC deputy secretary-general Jessie Duarte recently said the Reserve Bank needed to cushion the rand, but that its private ownership presented a ‘difficulty’

Former South African president F. W. de Klerk handing overs the National Party's submission to Archbishop Desmond Tutu, head of the Truth and Reconciliation Commission during the party's submission before the TRC in Cape Town on August 1996. Picture: AFP/ANNA ZIEMINSKI

SA now further away from accountability

Secrecy reared its head with truth commission’s muzzling, writes Pippa Green

Mining

Environmental issues delay Exxaro’s plans

Picture: ISTOCK
4 hour(s) ago

An organic cherry farmer and the Federation for a Sustainable Environment may delay the producer's R3bn Belfast coal mine over environmental authorisation

Markets

Santam’s drought woes may drag JSE down on Wednesday

Picture: MICHAEL ETTERSHANK
2 hour(s) ago

Santam expects to report basic and headline earnings for the six months to end-June fell as much as 31% due to drought-related claims in its crop insurance division and a few large corporate property claims.

Property

Redefine makes a play for Pivotal

Redefine Properties' head office in Rosebank, Johannesburg. Picture: SUPPLIED
4 hour(s) ago

The acquisition of Pivotal will enable Redefine to recycle capital by disposing of assets no longer aligned to its long-term strategy

Europe

Ireland in bind over Apple tax windfall

Picture: AFP PHOTO/TIMOTHY A CLARY
4 hour(s) ago

Rather than welcoming the €13bn windfall, the government has vowed to appeal against the ruling

National

Commission cracks whip on a ‘how to get away with fronting’ seminar

Picture: THINKSTOCK
16 hour(s) ago

The BBBEE Commission has told the conference organisers to immediately refund all registered individuals the R2‚450 each they paid

Energy

‘Thick coal-contracts document’ on its way from Eskom to the Treasury

An Optimum coal colliery.  Picture: FINANCIAL MAIL
15 hour(s) ago

The Treasury wants information from Eskom about its probe into coal contracts, including a system-generated list of payments made to Gupta-owned Tegeta

Americas

Dilma’s call falls on deaf ears

BLOCK: A supporter of Dilma Rousseff, Brazil’s suspended president, at a barricade on a main Sao Paulo avenue on Monday. Picture: REUTERS
3 hour(s) ago

Dilma Rousseff’s plea against the impeachment process fails to sway senators

Europe

VW to push ahead with big revamp

VW has invested $300m in ride-hailing app Gett in 2016 and is establishing a business unit focusing on new mobility offerings. Picture: REUTERS/FABIAN BRIMMER
3 hour(s) ago

Volkswagen is working on about 60 projects to overhaul the German car maker, including a cultural shift as it retools for tech changes

World

NEWS ANALYSIS: Bitfinex breach brings home the risks of bitcoin exchanges

CYBER: The symbol of bitcoin. New data show a third of exchanges set up to trade the virtual currency have been hacked, while nearly half have closed in the six years since they burst on the scene. File picture: REUTERS/BOBBY YIP
3 hour(s) ago

New data showing that a third of bitcoin trading platforms have been hacked highlight the dangers facing the cyber currency

Politics

NFP woes continue as MPs vow to fight suspension

CHOICE:  National Freedom Party supporters may be asked to vote for a compromise if the party is not allowed to contest. Picture: SUNDAY TIMES
13 hour(s) ago

National Freedom Party serves suspension letters to Maliyakhe Shelembe and Sicelo Mabika who failed to co-operate over financial mismanagement allegations

Telecoms & Technology

Enzo Scarcella said to be bound for MTN

MTN's head office in Johannesburg. Picture: EPA/KIM LUDBROOK
15 hour(s) ago

According to people with knowledge of the matter, the chief marketing officer at Telkom will join MTN as chief operating officer in SA

Education

Pupils return to school in Vuwani as protests subside

BIRD’S EYE-VIEW:  A general view of the outskirts of Vuwani, in Limpopo, on Monday. The area of Vuwani is one of the 650 high-risk areas identified for the elections. Picture: SANDILE NDLOVU
13 hour(s) ago

But MPs worry that lack of finality on municipal demarcation may cause violent disruptions in future

Labour

Cosatu threatens to cripple Joburg over Mashaba’s Pikitup plans

CLEAN SWEEP: Municipal waste utility Pikitup will be broken up into seven parts and sold off to private businesses if new Johannesburg mayor Herman Mashaba gets his way. Picture: RUSSELL ROBERTS
16 hour(s) ago

Cosatu is the second union to threaten chaos if Mayor Herman Mashaba carries out plans to split up the city’s waste management company

Telecoms & Technology

Fears new bill will censor the internet in South Africa

Picture: THE TIMES
13 hour(s) ago

Right2Know’s Mark Weinberg says proposed legislation is unconstitutional and overly restrictive, but many welcome the outlawing of ‘revenge pornography’

Labour

Court rejects union’s call to stop Telkom cutting jobs

Telkom. Picture: SUNDAY TIMES
13 hour(s) ago

Labour Court dismisses Communication Workers Union application and rules consultation processes on job cuts were procedurally fair

National

Jason Rohde gets bail after appearance in connection with his wife’s death

Picture: THINKSTOCK
15 hour(s) ago

After saying last week that new evidence could increase the seriousness of the charges against Rohde‚ prosecutor Carien Theunissen instead said they would not change

View more

Cartoons

Picture: ISTOCK

Four ways to help others influence you

Diversity of thought and mutual influence are essential to effective leadership

Travel & Food

Keeping the fynbos heritage alive

Rudy and Marietjie Visser have re-energised the Cape Floral Kingdom Expo in Bredasdorp to showcase the beauty and diversity of the province’s fynbos and to promote conservation efforts. Picture: LESLEY STONES
2 day(s) ago

Conservation-focused fynbos show reawakens to promote the beauty and diversity of SA’s heritage, writes Lesley Stones

Opinion

VRROOM WITH A VIEW: Green warrior gets smarter and more practical

Toyota is staying well ahead of the game while competition rises

South Africa's Dale Steyn celebrates the dismissal of New Zealand's Ross Taylor at Centurion Park, Centurion, on Tuesday. Picture: REUTERS/SIPHIWE SIBEKO

Dale the destroyer is back in business

Complete performance carries the Proteas to 204-run win and series triumph over New Zealand

Soccer

PSL players off to Cup games

Picture: THINKSTOCK
3 hour(s) ago

A victory will put Uganda in with a chance to qualify for the finals for the first time since finishing runners-up in 1978.

Soccer

All games count, says Hlatshwayo

Thulani Hlatshwayo. Picture: GALLO IMAGES/SYDNEY SESHIBEDI
3 hour(s) ago

Defender Thulani Hlatshwayo says Mauritania and Egypt matches are important warm-ups for Bafana’s World Cup qualifiers

Standard Bank

JSE Sens

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The Third Umpire

ANC deputy secretary-general Jessie Duarte has certainly nailed her colours to the mast by using the Gupta-owned ANN7 channel to opine that Finance Minister Pravin Gordhan is projecting himself as “above the law”.

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Eskom group executive Matshela Koko, who would be well advised to cover his butt lest he find himself holding the Tegeta coal parcel bomb when the music stops. And the way the fight is escalating, this game will end soon.

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Given her own history as a beneficiary of dicey empowerment deals, ANC national chairwoman Baleka Mbete is the last person who should be advising the party to rid itself of the “foreign culture” of greed.

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