Financial Services
Abil reels as dividend cut disappoints investors
Unsecured lending bubble fears mount after ‘horrific’ results
Americas
Monster tornado devastates Oklahoma town
At least 91 feared dead, including 20 children, in deadliest tornado in US in two years
Labour
ANC ‘sidelines’ Cosatu in bid to rescue ailing unions
ANC will engage directly with Cosatu affiliates in bid to shore up ailing workers’ movement, says ruling party secretary-general Gwede Mantashe
Markets
Jitters over unsecured loans, mine wage talks knock rand
JSE’s recent rally stalled, while rand extended its slide
Business
Black business to seek ruling on BEE limits
Black Business Council will test the Treasury’s prohibition of ‘set-asides’ for black-owned firms in awarding government contracts
Science & Environment
Mines minister ‘caught in a legislative snare’
Lack of clarity over whether mineral resources minister has declared one of SA’s most important water catchment areas a ‘no-go area’ for miners is causing concern
Land & Agriculture
State settles restitution claims to tune of R1bn, says land minister
Government settles 602 restitution claims in financial year to end of March, after land reform department previously failed to pay farmers
Labour
Swift end to strike at Mercedes-Benz East London plant
Car maker lauds Numsa for calling end to protest following talks with company’s management
EDITORIAL: Ethics needed in word and in deed
Credibility is something that is earned, not inherited along with the levers of state powerColumnists
Franschhoek Literary Festival is a meeting place to contemplate the history and future of the written word in SA, writes Palesa Morudu
Prodigal daughters meet in Franschhoek
Columnists
Market analysts seem to have been proven correct in forecasts that this week would be a difficult one, writes Ntsakisi Maswanganyi
Looming wage talks weigh on rand
Media & Advertising
State puts down R500m for newspaper stake
Government Employees Pension Fund will acquire 25% stake in newspaper group Independent News & Media South Africa
National
‘No need’ for Zuma to explain ties with Guptas
ANC closes ranks around Zuma, saying name-dropping to garner favour is nothing new and that it is not necessary for president to explain relationship with Gupta family
Companies
Sasol plans office behemoth in Sandton
Petrochemicals giant consolidating Gauteng offices into new building that will be among the country’s largest private, single-tenanted office developments
Telecoms & Technology
Western Cape ventures into Africa ICT incubation hubs
Provincial government taking the lead in establishing an African Incubation Unit in a bid to help roll out ICT hubs in other countries in Africa
Industrials
Protech Khuthele says results ‘vindicate’ board’s view on Eqstra offer
Construction, engineering and readymix group says move to profit shows progress in its strategic turnaround programme
Talented women lawyers, but few reach top
Gender diversity and impartiality is crucial for the legitimacy of the judiciary, writes Mia SwartNational
Concern over bill aligning public service
All 1.6-million individuals in public service will need to be retrained should a bill to align all three spheres of government be passed, says minister
Energy
Cape wind farm to transmit power to grid before Kusile
Construction will start later this year, with the wind farm set to deliver up to 100MW of electricity — beating the R170bn Kusile power station onto the grid
African Business
Mines chamber takes on Zimbabwean government on marketing of minerals
Mining sector has balked at proposed changes to mining law, but says it is keen to engage with officials on policy formulation
Industrials
Barloworld says all business units performing ahead of last year
Performance of automotive and logistics units and Bucyrus business lift group’s revenue
Telecoms & Technology
Vodacom eyes growth in mobile data
Company looks at increasing smartphone use, video services
Healthcare
Netcare CEO says Competition Commission must also probe pharmaceuticals
CEO Richard Friedland says he is disappointed that Competition Commission’s planned inquiry into private healthcare sector will exclude pharmaceutical sector
Politics
DA’s Mazibuko to meet British deputy prime minister
High-profile trip to London by DA parliamentary leader Lindiwe Mazibuko likely to be closely followed in Parliament, particularly by ANC
Middle East
Wave of attacks kills at least 79 in Iraq
Attacks on Monday extend one of the most sustained bouts of sectarian violence the country has seen in years
Cartoons
Books
Putting a much-needed smile into S&M
Folly has chastisement, satisfying romantic sex and excellent writing from a seasoned crime writer, writes Sue Grant-Marshall
Arts & Entertainment
ON THE STAGE: Hats Off
Hats Off is a hugely entertaining show and the banter between performers is witty and razor sharp, writes Lesley Stones
National
- Inquiry prompts appeal on gun theft
- Government, business meetings a mere ‘formality’, says Mdwaba
- Social grant deductions now to be limited by legislation
- Firms are ‘ill prepared’ for malaria risks on the continent
- Concern over bill aligning public service
World
- Goldman ‘selling $1.1bn stake in Chinese bank’
- Monster tornado devastates Oklahoma town
- Japan warns of shaky future on its public debt
- China vice-premier set for Harare talks
- NEWS ANALYSIS: Waiting for the bubble to burst
Companies
- Buildmax says all its business units are profitable
- Zimbabwean brewer reports 14% revenue increase
- Goldman ‘selling $1.1bn stake in Chinese bank’
- Austro back into profit after write-downs
- Sasol Chemical Industries questions expert testimony on propylene prices
Personal Finance
- FAME & FORTUNE: Closing the lid on 'rubbish'
- New movie aims to provide financial literacy education
- In tune with his money
- Invest where you find the fear
- Platinum ETF to chase gold issue
Business
Markets
- Rand flat, awaits leading indicator
- Dollar off Tuesday’s highs, awaits Bernanke testimony
- Gold and silver tumble as dollar gains
- Brent holds near two-week high on supply concern
- Jitters over unsecured loans, mine wage talks knock rand
Economy
- Jitters over unsecured loans, mine wage talks knock rand
- SUMMIT TV: Busa advisor on implementation of NPD
- SUMMIT TV: Trends in cross-border M&A
- Local manufacturing sector ‘in dire straits’
- ECONOMIC WEEK AHEAD: Reserve Bank likely to dash rate cut hopes
Life
- BOOK REVIEW: Between the Tides
- Putting a much-needed smile into S&M
- BOOK REVIEW: Mrs Robinson's Disgrace
- BOOK REVIEW: The Stuff You Can’t Bottle
- ON THE STAGE: Hats Off
Sport
- South Korean Bae wins Byron Nelson, first PGA title
- Mchunu international debut set for August
- Benitez insists Chelsea can challenge for league title
- England review top order ahead of Ashes
- Folau hopes to impress on Lions tour
Multimedia
Accenture Innovation Index
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| FTSE 100 | 6758.94 | 0.05% | up |
| Dow Jones | 15335.28 | 0.00% | same |
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| USD/ZAR | 9.5654 | 1.42% | up |
| GBP/ZAR | 14.5191 | 0.84% | up |
| EUR/ZAR | 12.3067 | 1.16% | up |
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| AUD/ZAR | 9.3524 | 0.98% | up |
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| Gold | 1379.9200 | -0.94% | down |
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| Palladium | 740.0000 | -0.40% | down |
| Brent Crude Oil | 104.250 | -0.52% | down |
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| Evraz Highveld | Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
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| Vodacom | Vodacom finals
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| Pioneer Foods | Pioneer Foods interims
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| Protech | Protech Khutele finals
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The Third Umpire
Trade and Industry Minister Rob Davies, for promising a redrafting of the Licensing of Businesses Bill after a uniformly negative response to the first draft — but doing away with it altogether would be better still.
Former Hawks spokesman McIntosh Polela, who has now been officially fired after his “Vaseline tweet” and his suspension at the end of March — but he has earned a whopping R300,000 since then.
US President Barack Obama, forfiring a senior Internal Revenue Service official on finding the man’s Cincinnati office was targeting Tea Party organisations and other conservative groups for special scrutiny.
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