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Financial Services

Controversial former African Bank boss dies

Picture: ROBERT TSHABALALA
11 hour(s) ago

Controversial former head of risk at African Bank, Tami Sokutu, has died at his home in Cape Town at the age of 53 after a short illness, says a report

Asia-Pacific

Japan condemns ‘despicable’ IS hostage beheading

Junko Ishido, mother of Kenji Goto, a Japanese journalist who was held captive by Islamic State militants, speaks to reporters at her house in Tokyo on Sunday. Picture: REUTERS
11 hour(s) ago

Prime Minister Shinzo Abe denounces as ‘heinous’ and ‘despicable’ the apparent beheading of a second Japanese hostage by the Islamic State

National

Muthambi defends government’s advertising spend

Faith Muthambi.  Picture: TREVOR SAMSON
12 hour(s) ago

DA MP Gavin Davis earlier this week said communications minister must explain how more than R10m was spent on advertising in The New Age newspaper in the last financial year

Business Times

Curro share shrugs off racism furore

Jannie Mouton. Picture: HETTY ZANTMAN
14 hour(s) ago

Claims of racial segregation at a Curro school in Pretoria are a ‘storm in a teacup’ and the work of parents trying to ‘score political points’

Business Times

IDC boss fires salvo over plans for Eskom

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

Industrial Development Corporation CEO Geoffrey Qhena wants a return on his electricity investments

Business Times

Township wars — the myth and mayhem

Nazil Munssi, surrounded by police, in front of his looted shop on Friday. Townships including Soweto have been hit by looters targeting foreign-owned stores. Picture: AFP/STEFAN HEUNIS
14 hour(s) ago

South Africans believe that foreigners are being given hand-outs of ‘subsidies’, which allow them to build their businesses at the expense of locals

Business Times

Balancing act for Kganyago nixes rate cut

Lesetja Kganyago.  Picture: TREVOR SAMSON
13 hour(s) ago

Despite lower oil prices, Reserve Bank governor sees power cuts constraining growth

Business Times

Bye to ‘distasteful’ CEO who ‘stalked’ PPC board

Bheki Sibiya, CEO of the Chamber of Mines. Picture: FINANCIAL MAIL
12 hour(s) ago

PPC has finally shut the door on the unseemly falling out between its former CEO Ketso Gordhan and financial director Tryphosa Ramano. Chairman Bheki Sibiya reflects on the debacle

Residents run amok, looting shops owned by foreign nationals in Soweto on Thursday. Picture: SOWETAN

Minister is right, and wrong, on foreigners

Influx of foreigners into townships revamps retail sectors big and small, writes Bruce Whitfield

Business Times

Lenovo has come up with a startling innovation that is obvious only in hindsight: a tablet with its own built-in projector, writes Arthur Goldstuck

Lenovo’s Yoga makes new contortions possible

Columnists

Anthony Butler promo

Even with most of SA’s banana farmers relocated to Mozambique there are echoes of turn-of-century Honduras, writes Anthony Butler

South Africa taking on banana republic practices

Europe

Greece offers olive branch as search for allies begins

Greek Finance Minister Yanis Varoufakis. Picture: REUTERS
9 hour(s) ago

Greece’s anti-austerity government begins European charm offensive aimed at building consensus on renegotiating its €240bn bailout

National

Nxasana inquiry a ‘witch-hunt’

Mxolisi Nxasana has been appointed national director of public prosecutions.  Picture: GCIS
10 hour(s) ago

Presidency says President Jacob Zuma is going ahead with probe regarding National Prosecuting Authority head Mxolisi Nxasana’s fitness to hold office

African News

Boko Haram launches new assault on key Nigeria city

Nigerian military personnel at checkpoints in Maiduguri, northeast Nigeria, in this file picture. Boko Haram has evaded security forces as it continues its violent campaign to create an Islamic state in the north of the county. Picture: EPA
11 hour(s) ago

Boko Haram fighters launch fresh attempt to take over the strategically crucial northeastern Nigerian city of Maiduguri

National

SA to host next AU summit

Picture: REUTERS
12 hour(s) ago

South Africa will host the 25th African Union summit in Johannesburg in mid-2015, the presidency says

Business Times

Real-life figures show SA pensioners losing ground

Picture: THINKSTOCK
13 hour(s) ago

The typical South African pensioner is being paid just R3,559 every month

World Economic Forum. Picture: AFP PHOTO / FABRICE COFFRINI

Hot air in Davos will not warm the poor

So much for all the fuss at the recent World Economic Forum gathering at Davos, as though inequality is a relatively new development, writes Ann Crotty

Asia-Pacific

Thousands march for democracy in Hong Kong

Thousands of pro-democracy protesters hold up yellow umbrellas, symbols of the Occupy Central movement, during a march in the streets to demand universal suffrage in Hong Kong on Sunday. Picture: REUTERS
9 hour(s) ago

A sea of yellow umbrellas moved slowly through central Hong Kong with crowds shouting for ‘true universal suffrage’

Business Times

IDC boss defends R3bn spent on steel plant

Steel coils.  Picture: BLOOMBERG
13 hour(s) ago

One of the IDC’s most contentious investments is the R3bn it has poured so far into creating a new steel plant alongside China’s Hebei Steel company

Business Times

Steinhoff investors let pool rule

Christo Wiese. Picture: FINANCIAL MAIL
13 hour(s) ago

At stake is the biggest deal in South African corporate history, Steinhoff’s R63bn acquisition of Pepkor

Business Times

Back to ICU for Life Healthcare pay policy

Picture: FINANCIAL MAIL
14 hour(s) ago

The sheer number of shareholders who did not like the remuneration policy seems to have taken Life Healthcare by surprise

Business Times

Cybercriminals are on the prowl

Picture: THINKSTOCK
13 hour(s) ago

New technology creates opportunities for hackers to create havoc

Energy

Petrol price to drop by 93c a litre

Picture: THINKSTOCK
2 day(s) ago

Price of all grades of petrol will drop by 93c a litre next week, Department of Energy announces

Americas

After Paris attacks, calls to tighten US visa rules

French and US flags. Picture: AFP
9 hour(s) ago

US politicians are calling for changes to a law that allows Europeans and other foreigners to enter the country without visas

African News

Mali armed groups clash near Timbuktu

Picture: THINKSTOCK
9 hour(s) ago

Malian rebels fight pro-government militia in the northern village of Kano, firing rockets and briefly kidnapping at least 20 people, security sources say

Business Times

Naspers shares roar as WeChat ads prompt status anxiety

Picture: SHELLEY CHRISTIANS
14 hour(s) ago

Tencent started taking adverts on its WeChat mobile message platform for the first time, which pushed the company’s shares to record levels in New York

Business Times

Coke provident fund leaves only the dregs

Coca-Cola.  Picture: REUTERS/JACKY NAEGELEN
13 hour(s) ago

After 21 years of service at multinational beverage company Coca-Cola, Martin Laminie was paid out only R140,000 with which to ‘retire’

Business Times

Living annuities come with pitfalls to look out for

Picture: THINKSTOCK
13 hour(s) ago

Far more South African pensioners are opting to convert their retirement savings into living annuities than just a decade ago

Business

Post Office staff feel the pinch

Picture: SOWETAN
13 hour(s) ago

Hundreds of Post Office courier freight division workers have been left stranded as the company struggles to pay their salaries on time

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Cartoons

TELLING HIS STORIES: Khalo Matabane has been fortunate to make a living doing what he loves. Picture: SUNDAY TIMES

FAME & FORTUNE: Mixing the art of film with business

Award-winning film director Khalo Matabane, whose productions include the TV drama ‘When We Were Black’, talks to Asha Speckman

Business Times

HOW TO... Get into the digital industry

Picture: THINKSTOCK
13 hour(s) ago

The digital industry is like a rugby team — it requires a range of skills

Arts & Entertainment

Shakira gives birth to a boy in Barcelona, reports say

Shakira.  Picture: SOWETAN
2 day(s) ago

Pop star Shakira and boyfriend, football player Gerard Pique, have had their second child, according to Spanish media reports

Serbia's Novak Djokovic holds the winner's trophy after defeating Britain's Andy Murray in their men's singles final match on day fourteen of the 2015 Australian Open tennis tournament in Melbourne on Sunday. Picture: AFP

Djokovic beats Murray to win Australian Open title

Serbia’s world number one Novak Djokovic wins a fifth Australian Open title, beating Britain’s Andy Murray in four sets in the final

Other Sport

Serena beats Sharapova to win 19th Grand Slam title

Serena Williams celebrates after defeating Maria Sharapova in their women's singles final match at the Australian Open 2015 tennis tournament in Melbourne on Saturday. Picture: REUTERS
1 day(s) ago

Triumph means world number one overtakes 18-time major champions Martina Navratilova and Chris Evert to go a clear second on the all-time Open-era winners’ list

Cricket

Proteas look like they have the mettle

SA’s Rilee Rossouw, left, and captain Hashim Amla make a run during the fifth one-day international against the West Indies in Centurion on Wednesday. Picture: REUTERS, SIPHIWE SIBEKO
2 day(s) ago

Plenty of factors suggest SA ready to mount proper World Cup challenge

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The Third Umpire

SABC chief operating officer Hlaudi Motsoeneng, who reckons he would be earning even more were he working elsewhere, despite his lack of qualifications. And he may just be right — if he was a politician on the take.

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ANC leader in the Cape Town council and Cosatu regional secretary Tony Ehrenreich. The ANC’s behaviour in the council chamber on Wednesday was worse than that of the EFF in Parliament, which they constantly condemn.

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VIP unit driver Joseph Semitjie, who has been sentenced to five years behind bars for reckless driving and fleeing the scene. Blue light accident victim Thomas Ferreira suffered permanent brain damage.

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Should SA media houses republish images of the Prophet Mohammed from other media in their publications?

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