Financial Services
Michael Jordaan to step down as FNB CEO
Michael Jordaan will step down as First National Bank (FNB) chief executive at the end of this year after more than 10 years at the helm
Economy
Higher-than-expected consumer inflation dashes rate cut hope
Marginally higher-than-expected consumer price index for April of 5.9% coupled with the weaker rand bodes ill for an interest rate cut
Mining
Amplats, parties agree on measures, plans to preserve jobs
Amplats agreement reached on measures to preserve jobs raises hope for easing of tensions
Labour
‘Incredibly steep’ NUM demands shock sector
Union piles pressure on industry that is battling costs, strikes
African News
Mugabe signs Zimbabwe constitution into law
New constitution clips powers of president and imposes a two-term limit. However, it does not apply retroactively so Mugabe could extend his term by another decade
Economy
All eyes on Bank after rand falls to a four-year low vs dollar
Combination of continuing labour tensions and stronger dollar triggers resurgence of investor fears over current account deficit
Economy
FW de Klerk takes swipe at ‘prophets of gloom’
Former president moves to inject dollop of ‘good news’ into debate about the state of the country amid hardening perceptions due to labour unrest
National
India’s version of Gupta debacle differs
Relations between emerging-market hopefuls plunge to new low after Indian high commission’s statement provided its version of Gupta Waterkloof landing debacle
EDITORIAL: State media influence grows
The increased influence of government over South Africa’s media is a cause for concernColumnists
Licensing Bill an example of how governments evoke opposition to proposed laws in order to solicit 'compromises', writes Leon Louw
Yet another example of ‘rape by regulation’
Columnists
Seeking solutions to poverty and inequality will go further than proposals for labour law change, writes Steven Friedman
Tinkering with labour law no solution to conflict
Labour
Bonus row causes strike at Lanxess chrome mine
DAX-listed speciality German chemicals group says NUM breached ‘long-standing’ agreement over bonuses, precipitating violent strike at chrome mine near Rustenburg
Land & Agriculture
Appeal to give new law on fisheries more time
Inconsistencies, omissions, obtuse language and weakening of existing legislation pepper Minister Tina Joemat-Pettersson’s proposed amendments
Americas
School dropout’s $253m Tumblr pay day
Tumblr CEO says company will retain its distinctive and irreverent character under a new owner
Business
NEWS ANALYSIS: Empowerment lobby gains some significant victories
Black economic empowerment, thanks to its strong proponents, is again at the centre of several important discussions, writes Carol Paton
National
Zuma discusses SA investment opportunities with Canada
South Africa offers good opportunities for Canadian investors, says President Jacob Zuma after talks with Canadian Governor-General David Johnston
IN PICTURES: Deadly twister flattens US town
A 3km-wide tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 24 people, destroying entire tracts of homes and trapping two dozen schoolchildren beneath rubbleRetail & Consumer
Taste profits up despite cautious consumer spending
BRANDED franchise group Taste Holdings overcame cautious consumer spending to boost pre-tax profit 24% to R37.7m in the year to end February 2013.
Economy
‘Bold steps’ needed to improve economy
SA needs to find balanced, fair and socially responsible solutions to its labour relations problems, Finance Minister Pravin Gordhan tells National Assembly
Retail & Consumer
Resilient Lewis Group lifts headline earnings 14% in tough market
Lewis Group puts resilient performance in challenging trading environment down to success of decentralised model of the business
Financial Services
Retirement dream need not be a nightmare
Industry-led cost-cutting has improved returns to pensioners
Industrials
Vehicle dealers’ confidence dips but WesBank remains upbeat
WesBank brushes aside dip in vehicle dealers’ confidence for second quarter, saying year-on-year confidence is significantly up
Americas
Oklahoma lowers tornado death toll amid frantic search
Emergency workers search for survivors in rubble of homes, schools and hospital in Oklahoma town hit by massive tornado
Economy
Fall in leading indicator shows economy under pressure
Reserve Bank’s leading indicator of business activity falls in March for first time in eight months, with commodity export prices biggest drag
Industrials
Phaswana appointed as co-chairman at Mondi
Standard Bank chairman Fred Phaswana joins international packaging and paper group Mondi to replace Cyril Ramaphosa
Cartoons
More in Multimedia
Multimedia
Motoring
VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing
The new RAV4 can go where other 4x4s can go and at a very decent price indeed, writes Alexander Parker
Health
Ugly picture of the beauty industry
Research shows ingestion of lip products could cause toxic metal exposure, blogs Marika Sboros
National
- Report highlights key to maths skills in young children
- DA warns of acid mine drainage in three more regions
- Auction of Madikizela-Mandela goods stonewalled
- Claims of improved services decried by opposition
- Zuma discusses SA investment opportunities with Canada
World
- German company feels sting of labour unrest in SA
- MTN cracks top 100 in most valuable brands survey
- Zuma discusses SA investment opportunities with Canada
- School dropout’s $253m Tumblr pay day
- Chinese firms look to escape US markets
Companies
- Pule could soon appoint SABC board
- Resilient Lewis Group lifts headline earnings 14% in tough market
- Taste profits up despite cautious consumer spending
- Amplats, parties agree on measures, plans to preserve jobs
- Michael Jordaan to step down as FNB CEO
Personal Finance
- Retirement dream need not be a nightmare
- Absa says miscalculated interest on car loan was ‘isolated error’
- FAME & FORTUNE: Closing the lid on 'rubbish'
- New movie aims to provide financial literacy education
- In tune with his money
Business
Markets
- Rand recovers slightly on CPI figures
- JSE off to a volatile start
- Gold gains on US stimulus hope, Chinese demand
- Oil dips further below $104 on US demand concern
- Rand weak ahead of CPI
Economy
- Higher-than-expected consumer inflation dashes rate cut hope
- FW de Klerk takes swipe at ‘prophets of gloom’
- All eyes on Bank after rand falls to a four-year low vs dollar
- ‘Urgent’ for SA to project positive story about its economy
- Fall in leading indicator shows economy under pressure
Life
- TECHNOLOGY: New gadgets not required at the Google jamboree
- The antisocial network is not good for the soul
- Spread the mayo, spare the piercings
- VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing
- TECHNO FILE: How is Windows like a cool drink?
Sport
- Court calls for India cricket probe to wrap up
- Mourinho departure puts focus on Perez
- Mchunu vows thrills in Chambers fight
- Henry lambasts referees after Blues’ loss to Crusaders
- Coach confident Chippa will be top of log
Multimedia
Accenture Innovation Index
Assess the level of innovation in your business and enter the inaugural Accenture Innovation Index Awards
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The Third Umpire
National Union of Mineworkers general secretary Frans Baleni. As predicted by the Third Umpire last month, wage demands have gone doolally tap, with the union wanting increases of up to 60%. Good luck with that.
Cosatu general secretary Zwelinzima Vavi, for his tortured logic at a launch event in Kimberley at the weekend that saw him ultimately and speciously manage to blame big business for xenophobic attacks.
One of China’s four vice-premiers, Wang Yang, for bravely pointing out irritating habits of Chinese tourists, including “talking loudly in public, jay walking, spitting and carving characters on items in scenic zones”.
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