• Friday, August 28 2015
  • JSE Sens
Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON

Davies imposes steel tariffs with conditions

1 hour(s) ago

Trade and Industry Minister Rob Davies comes to rescue of beleaguered steel industry, approves 10% ad valorem duty on certain imported steel products

National

Mapisa-Nqakula defends decision to charter Gupta-owned plane

Nosiviwe Mapisa-Nqakula. Picture: TREVOR SAMSON
5 minute(s) ago

Defence Minister Nosiviwe Mapisa-Nqakula says all due processes were followed when chartering private plane to ferry Deputy President Cyril Ramaphosa to Japan

Politics

Former Eskom CE Matona appointed secretary of national planning

Tshediso Matona. Picture: TREVOR SAMSON
2 hour(s) ago

Cabinet announces Tshediso Matona has been appointed secretary of national planning in Department of Planning, Monitoring and Evaluation

Economy

Economic contraction may negatively impact budget deficit targets, says Nene

Nhlanhla Nene. Picture: TREVOR SAMSON
1 hour(s) ago

Finance Minister Nhlanhla Nene says economic contraction in second quarter may constrain revenue collection, negatively affecting budget deficit targets

National

President Zuma to launch ‘war on water leaks’

Jacob Zuma. Picture: KOPANO TLAPE
3 hour(s) ago

President Jacob Zuma to launch project to plug water leaks which account for nearly 40% of nation’s water loss, costing country R7bn a year

Americas

US ruling clears way for unions

Picture: THINKSTOCK
1 hour(s) ago

Contract workers, other temporary employees will be able to more easily unionise following landmark ruling by US federal labour regulator

Mining

Ramatlhodi mired in new mine rights row

The Kumba Iron Ore mine at Sishen in the Northern Cape. Picture: KEVIN SUTHERLAND/SUNDAY TIMES
8 hour(s) ago

Legal threat as two companies lay claim to manganese deposit in latest major case against Department of Mineral Resources this year

Energy

Molefe put on the spot on key points of IRP

Songezo Zibi on Redi Tlhabi’s show on Thursday. Picture: TWITTER/JENNY CRWYS WILLIAMS
5 hour(s) ago

Sparks fly as Eskom acting CE Brian Molefe challenged on key points of the state’s Integrated Resource Plan

Industrials

Basil Read returns to profitability

Neville Nicolau. Picture: FREDDY MAVUNDA
5 hour(s) ago

Under new CE, Neville Nicolau, construction company has embarked on restructuring drive that aims to cut costs, improve operational performance

Lesetja Kganyago.  Picture: TREVOR SAMSON

EDITORIAL: Bank on message amid markets rout

Governor Lesetja Kganyago reiterates central bank will not move to defend the rand — nor use interest rates to try to stem currency’s weakening

Columnists

Organised labour shows maturity with undercurrent of expediency as membership numbers come under threat, writes Natasha Marrian

Battling lay-offs is a matter of survival for Numsa

Columnists

Those mired in overtaxed complaints peddling half-truths on social media are not part of proactive political citizenry, writes Simon Lincoln Reader

Will proactive political citizens please stand up?

African News

Mugabe inks law to stop mass lay-offs

Zimbabwean President Robert Mugabe. Picture: REUTERS
1 hour(s) ago

Zimbabwean President Robert Mugabe signs new law banning mass lay-offs following spate of redundancies that unions say put 30,000 people out of work

Retail & Consumer

Retailers rue costs of power outages

Picture: THINKSTOCK
6 hour(s) ago

Drop in foot traffic at mall shops without emergency power a damper on sales

Americas

Publishers brace for Apple’s ad-blocking

Picture: REUTERS
1 hour(s) ago

Sites already struggling to monetise growing mobile audience concerned about prospect of iPhone, iPad users being able to activate ad-blocking

Financial Services

Top forex brokerage suspended over ponzi scheme

Picture: THINKSTOCK
8 hour(s) ago

Action against foreign exchange brokerage ACM Gold and Trading latest in string of regulatory crackdowns

Retail & Consumer

Woolworths reverses David Jones four-year earnings slide, boosts profits

Ian Moir, CEO of Woolworths, at the company’s results presentation in Cape Town on Thursday. Woolworths has adopted a conservative view and is keeping a tight rein on costs. Picture: TREVOR SAMSON
6 hour(s) ago

Woolworth’s group revenue rises, jacked up by its buyout of Australian department chain David Jones

Picture: SUNDAY TIMES

Charity must begin at home for graft-riddled department

South African embassies around the world ill-equipped to issue visas on a large scale, writes Lorenzo Fioramonti

Law & Constitution

Zuma, judges agree on ‘mutual respect’

President Jacob Zuma and Chief Justice Mogoeng Mogoeng at Thursday’s meeting. Picture: MOELETSI MABE/THE TIMES
8 hour(s) ago

Chief Justice Mogoeng Mogoeng makes clear judges doing what is required of them by Constitution and the fact that it ‘pinches’ at times demonstrates this

National

McBride raises cudgel for Ipid independence

Robert McBride. Picture: SOWETAN
8 hour(s) ago

Independent Police Investigative Directorate boss Robert McBride argues that his suspension by Police Minister Nathi Nhleko is unconstitutional

Europe

Bodies found in truck on Austria highway

A truck in which 50 migrants were found dead is prepared to be towed on a highway near Parndorf, Austria, on Thursday. Picture: REUTERS/Heinz-Peter Bader
8 hour(s) ago

European leaders meet at Balkans security conference amid largest migrant crisis since Second World War

Mining

Aquila to fill gap in Thabazimbi

Picture: ISTOCK
8 hour(s) ago

Baosteel subsidiary Aquila Resources sees its iron-ore deposit near Thabazimbi filling gap left by Kumba Iron Ore

Retail & Consumer

Italtile defies tough conditions

Picture: THINKSTOCK
8 hour(s) ago

Building materials retailer records double-digit growth in turnover and trading profit with sales boost from lower-to-middle-income customers

National

Provincial council asked to review traffic, eviction acts

Johannesburg mayor Parks Tau. Picture: PUXLEY MAKGATHO
8 hour(s) ago

South African Local Government Association has submitted a list of problem laws to the National Council of Provinces for review

Soccer

Khune defends Chiefs coach

Itumeleng Khune, left, says Chiefs fans should show Steve Komphela the same respect they would an overseas coach. Picture: GALLO IMAGES/LEFTY SHIVAMBU
9 hour(s) ago

Supporters urged to be patient and show coach Steve Komphela same respect given to European coaches

Industrials

Afrox restructure hits sales, costs decline

Picture: FINANCIAL MAIL
8 hour(s) ago

African Oxygen enjoys healthy cash flow while net debt down to R354m from R677m

World

Easy money talk a brake on euro, yen

US dollar, euro and Swiss franc banknotes are displayed in a bank in Budapest, Hungary. Picture: REUTERS
8 hour(s) ago

The possibility of further quantitative easing in Europe and Japan has returned to investors’ radar screens, reining in rallies in the euro and yen

Americas

One person injured in shooting at US university

Picture: THINKSTOCK
3 hour(s) ago

Reports of gunfire at Savannah State University in Georgia force campus lockdown for several hours, one injured man being treated at local hospital

Economy

Nene holds off on 2% growth revision

8 hour(s) ago

Finance minister calls for realism after shock gross domestic product figures throws economic growth forecasts in doubt

Rugby

Tough choices before Springbok squad show-time

Sources say Springbok coach Heyneke Meyer has been given an extension of his contract. Picture: GALLO IMAGES/STEVE HAAG
9 hour(s) ago

Target of nine black players set but coach may miss it without surprise selections

Retail & Consumer

Stronger dollar mutes Massmarts hopes

Makro store in Midrand, Johannesburg. Picture: SOWETAN/ANTONIO MUCHAVE
6 hour(s) ago

Many African countries in which Massmart operates are facing double-dip challenges from stronger dollar and weaker commodity prices

Property

Nepi nets another mall in Bucharest

Picture: THINKSTOCK
8 hour(s) ago

New Europe Property Investments to acquire shopping centre in Romania in a deal worth €86m

Asia-Pacific

China woes threaten car makers

A BMW M235i on display during the 16th Shanghai International Automobile Industry Exhibition in Shanghai in April. German car maker BMW has said weaker demand from China could weigh on its full-year earnings. Picture: AFP PHOTO/WANG ZHAO
8 hour(s) ago

Dealers report lost sales from the stock tumult and car makers brace for more pain as buyers’ cash dwindles

Europe

Greece gets first woman prime minister in caretaker role

Greece's Supreme top Court judge Vassiliki Thanou after her swearing in ceremony as the country's caretaker prime minister, at the handover ceremony at the prime minister's office at Maximos Mansion in Athens, Greece. Picture: REUTERS/STOYAN NENOV
8 hour(s) ago

Greece’s top supreme court judge Vassiliki Thanou, named caretaker prime minister to lead the country to elections in September, ends week of political deadlock after Alexis Tsipras resigned

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Cartoons

A nurse checking a senior patient's blood pressure. Picture: THINKSTOCK

South Africans not ageing well

South Africans are living longer, but their health is not prospering

Books

BOOK REVIEW: Under Ground

Louis Greenberg is one half of thriller author SL Grey in collaboration with Sarah Lotz. Picture: MACMILLAN
8 hour(s) ago

SL Grey’s latest book probes gripping world of bunker paranoia, with a killer added into the awful mix, writes Sue Grant-Marshall

Arts & Entertainment

No holy cows for comedienne, Celeste Ntuli

Celeste Ntuli. Picture: SUPPLIED
22 hour(s) ago

Seasoned performer Celeste Ntuli says comedy was ‘natural and effortless’ for her, she just got on stage, ‘did what everyone else would do’

Arts & Entertainment

ON THE STAGE: New Broadway musical recasts dead white men

Hamilton, playing at the Richard Rodgers Theatre on Broadway, has created a buzz with its portrayal of Alexander Hamilton, one of America’s founding fathers, in a musical laced with clever wordplay set to hip hop and pop melodies. Picture: JOAN MARCUS
8 hour(s) ago

Lin-Manuel Miranda’s dazzling wordplay and contemporary melodies in Hamilton, a musical about the first US treasury secretary, attracts shower of celebrity endorsements, writes Nadia Neophytou

Columnists

HALF-ART: Patterns of waste in politics and art

Lehlohonolo Mkhasibe with artworks made from rubber tyres. Picture: SUPPLIED
8 hour(s) ago

Patternality has been vital to evolution and is a prerequisite for ontogenetic development, the growth of each individual, possibily not for a politician

Opinion

LIQUID INVESTMENTS: Different sites embody a common aesthetic

Griers of Villiera, with vineyards on either side of the equator, show formula holds the key to ‘house personality’

Anaso Jobodwana. Picture: ROGER SEDRES/GALLO IMAGES

Anaso Jobodwana ecstatic about bronze medal

Eastern Cape sprinter Anaso Jobodwana in impressive third behind Usain Bolt and Justin Gatlin

Soccer

Away wins making it a topsy-turvy start to English season

Manchester United's Wayne Rooney during the UEFA Champions League playoff football match between Club Brugge and Manchester United at Jan Breydel Stadium in Bruges on Wednesday. Picture: AFP
9 hour(s) ago

Chelsea and Manchester City are keen to reverse the most striking statistic of the new Premier League season this weekend — and they are not the only ones

Other Sport

Kevin Anderson blasts into quarterfinals

Kevin Anderson returns a shot from Jerzy Janowicz of Poland during the third day of the Winston-Salem Open at Wake Forest University on Wednesday in Winston-Salem, North Carolina. Picture: AFP
9 hour(s) ago

With US Open less than a week away, Kevin Anderson keeps his campaign going with a 7-6 (7/2) 6-4 victory over Poland’s Jerzy Janowicz

Other Sport

Allyson Felix bags ninth gold with Beijing win

Allyson Felix competes in the final of the women's 400m athletics event at the 2015 IAAF World Championships in Beijing on Thursday. Picture: AFP PHOTO/ADRIAN DENNIS
9 hour(s) ago

American Allyson Felix’s 49.26 seconds winning time for 400m fastest posted in world this year

Other Sport

SA relay team starts prep late — but still in with chance of a bronze

Henricho Bruintjies of South Africa watches his time after the men's 100m heat in Beijing, China, last week. Picture: GALLO IMAGES/ROGER SEDRES
9 hour(s) ago

SA’s sprint battalion gets first drill as a unit just hours ahead of 4x100m relay heats

JSE Sens

Standard Bank

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The Third Umpire

Mineral Resources Minister Ngoako Ramatlhodi, for his adept chairing of crisis talks between stakeholders in the mining industry, which have yielded an agreement (yet to be signed) that could give mining a new lease on life.

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New world champion 400m sprinter Wayde van Niekerk. He was clearly left a little worse for wear by his stunning victory, but then it’s no mean feat to trounce the reigning world and Olympic champions.

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Adcock Ingram CEO Kevin Wakeford. No matter how hard it has tried, the company has failed to meaningfully diversify outside of SA, where its biggest rival is making steady inroads.

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