• Thursday, May 23 2013
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Economy

Hands off rates at Reserve Bank as inflation bites

Reserve Bank governor Gill Marcus. Picture: BUSINESS DAY
1 hour(s) ago

Bank’s monetary policy committee keeps key repurchase rate unchanged, amid concern about SA’s deteriorating inflation outlook

Labour

NUM risks losing nearly 60% of its membership

National Union of Mineworkers general secretary Frans Baleni. Picture: FINANCIAL MAIL
1 hour(s) ago

According to general secretary Frans Baleni’s report, members do not believe the union is fighting for their collective interests as strongly as it did before

National

SA has ‘no luck’ convincing UK to lift strict visa requirements

Home Affairs Minister Naledi Pandor. Picture: GCIS
2 hour(s) ago

Despite ‘great strides’ in enhancing security of travel documents, SA has not convinced Britain to lift visa requirements on its citizens and diplomats

Telecoms & Technology

Altech wins multimillion-rand ID smart card roll-out contract

Home Affairs Minister Naledi Pandor. Picture: FINANCIAL MAIL
3 hour(s) ago

Altech Card Solutions has been awarded a multimillion-rand tender to provide the technology for the Department of Home Affairs’ smart ID card roll-out

Europe

Suspects in London soldier slaying probed before, says UK official

TERROR: A police officer carries flowers near the scene of the killing of a British soldier in Woolwich, southeast London, on Wednesday. Picture: REUTERS
13 minute(s) ago

Investigators search several locations and try to determine whether Wednesday’s attack was part of a wider plot to instil terror on the streets of London

Healthcare

Actis could be a suitor for Adcock Ingram

Adcock Ingram's headquarters in Midrand, Johannesburg. Picture: FINANCIAL MAIL
9 hour(s) ago

London-based private equity firm Actis has emerged as a possible bidder for South Africa’s second-biggest drug maker, according to a source close to the deal

Asia-Pacific

China factory activity shrinks for first time in seven months

Picture: THINKSTOCK
8 hour(s) ago

Flash HSBC purchasing managers’ index shrinks, entrenching fears that China’s economic recovery has stalled and a sharper cooldown may be imminent

National

Bright-eyed graduates start year on positive note

56 minute(s) ago

Graduate professionals felt more confident about the country’s prospects for the year ahead in the first quarter of 2013, latest PPS confidence index shows

Justice and Constitutional Development Minister Jeff Radebe addresses the National Assembly on 'Guptagate' on Wednesday. Picture: TREVOR SAMSON

Name-dropping is corruption and should be punished

It is illegal to drop names in the way names were allegedly dropped to grant unauthorised landing permission to the Gupta aircraft, writes Paul Hoffman

Columnists

Pallo Jordan promo

Zuma can choose his friends but, just as certain names can suggest approval, others might invite disapprobation, writes Z Pallo Jordan

Guptagate a serious blow to Zuma’s credibility

Columnists

Iqbal Survé’s secrecy on Independent News & Media purchase is souring his arrival in the news industry, writes Anton Harber

Survé must come clean on funding and owners

National

Door closing on Angolan asylum seekers

Picture: THINKSTOCK
1 hour(s) ago

South Africa will no longer grant refugee status to Angolan citizens after August, in line with a United Nations directive

Science & Environment

Whale watchers must watch for minister

Picture: THINKSTOCK
9 hour(s) ago

Most glaring oddity of Tina Joemat-Pettersson’s proposed changes to marine resources legislation is that it appears to make whale watching an offence — unless the watcher has her permission

Financial Services

Investec reveals strategy to maintain momentum

Investec CEO Stephen Koseff. Picture: ARNOLD PRONTO
4 hour(s) ago

Specialist banker plans to internationalise its wealth business and continue streamlining its banking business in bid to cut down on duplication costs

National

Hard-hitting advocate puts Phiyega on spot at Marikana commission

National police commissioner Riah Phiyega. Picture: FINANCIAL MAIL
1 hour(s) ago

Police commissioner Riah Phiyega forced to defend address she made to police parade in which she appeared to ‘thank police for what they had done’

Financial Services

Jordaan ‘likely to be missed on Twitter’

FNB CEO Michael Jordaan. Picture: FINANCIAL MAIL
7 hour(s) ago

Mr Jordaan used the social media site with a verve and humour that few social media users can muster, writes Toby Shapshak

IN THE SPOTLIGHT: Google executive chairman Eric Schmidt speaks at the Google Big Tent event in London on Wednesday. Picture: REUTERS

Questions raised on Google’s offering to countries’ fiscus

Governments, including SA’s, have vowed to crack down on global tech firms that shift their profits to tax havens, writes Stuart Thomas

Labour

UIF has room to improve workers’ benefits, says commissioner

Unemployment Insurance Fund commissioner Boas Seruwe. Picture: SOWETAN
1 hour(s) ago

Benefit improvements are to be proposed in amendments to the Unemployment Insurance Fund

National

MPs give Sanral the all clear on e-tolling

Traffice is brought to a standstill during Cosatu's go-slow protest in December last year. Picture: MARTIN RHODES
10 hour(s) ago

Cosatu protests start on Friday with blockade of Joburg roads

Labour

NUM vows to approach gold sector wage talks with ‘maturity’

NUM general secretary Frans Baleni. Picture: RUSSELL ROBERTS
9 hour(s) ago

Union boss Baleni moves to reassure markets, says there is no need to panic

National

Free housing grants will remain in SA, says Sexwale

Human Settlements Minister Tokyo Sexwale. Picture: MARTIN RHODES
19 hour(s) ago

Human Settlements Minister Tokyo Sexwale says such grants are driven by the ‘triple evils’ of unemployment, poverty and inequity

National

Report cites ‘manipulation’ by Guptas, Indian and SA officials

Transport Minister Ben Martins speaks to media at a press briefing on Thursday.  Picture: TREVOR SAMSON
5 hour(s) ago

Report details litany of security failures, and how paper-thin diplomatic explanations and circumvention of state processes remain unchallenged

Labour

Amcu optimistic on reaching deal to cut Amplats job losses

Striking workers are shown standing idle outside an Anglo American mine in Rustenburg last month.  Picture: SOWETAN
9 hour(s) ago

Amplats, Department of Mineral Resources and four unions will hold talks at the CCMA to ensure that all alternatives to retrenchment have been explored

Retail & Consumer

Mr Price still committed to Africa agenda

Mr Price CEO Stuart Bird. Picture: MARTIN RHODES
7 hour(s) ago

Retailer’s test stores in Nigeria and Ghana ‘have performed well’

Healthcare

Pharmacies get tough on codeine abuse

Picture: THINKSTOCK
10 hour(s) ago

Retail pharmacy sector poised to exercise stricter control over sales of medicines containing codeine

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Cartoons

May 23 2013

Arts & Entertainment

Disrupting the cosy conceptions of art

BRAAI ART: Johannes Phokela, who will represent South Africa at the Venice Biennale next month, with plays with  stereotypes in his depiction of a braaivleis in South Africa in his work, Exciting Recipes.  Picture: ARNOLD PRONTO
10 hour(s) ago

The art of Johannes Phokela, who will represent South Africa at next month’s Venice Biennale, is not always earnest, writes Chris Thurman

Arts & Entertainment

A right royal romp for the king of rock

VIBRANT: Bovim’s Private Presley is a great tribute to the 'king of rock ’n’ roll' Elvis Presley
10 hour(s) ago

Sean Bovim combines the technique and structure of ballet with the nonconformity and rebellion of rock ’n’ roll in his most recent work Private Presley, writes Penny Haw

All Share 40746.24-2.60% down
Top 40 36210.76-2.95% down
Financial 15 11682.10-2.42% down
Industrial 25 46250.46-2.45% down
Resource 10 45847.63-3.70% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6665.13-2.56% down
Dow Jones 15212.98-0.62% down
All Share 40746.24-2.60% down
ASX 5040.800.00% same
S&P 500 1638.270-1.03% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 9.5365-0.32% down
GBP/ZAR 14.3724-0.06% down
EUR/ZAR 12.31010.20% up
JPY/ZAR 0.09381.18% up
AUD/ZAR 9.2540-0.02% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1386.33751.33% up
Platinum 1455.5000-0.65% down
Silver 22.41980.66% up
Palladium 739.5000-0.20% down
Brent Crude Oil 100.960-1.60% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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Calendar

African Bank African Bank interims
Barloworld Barloworld interims
Evraz Highveld Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
Vodacom Vodacom finals
Pioneer Foods Pioneer Foods interims
Netcare Netcare interims
Protech Protech Khutele finals
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The Third Umpire

National Union of Mineworkers general secretary Frans Baleni. His demand for a 344% increase in housing allowances shows that his ludicrous grand standing is a childish attack aimed at Amcu’s ascendance.

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Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson. Experts say her amendment to the Marine Living Resources Act is riddled with omissions, inconsistencies and the like. Same as usual then.

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President Jacob Zuma. His trying to sell SA as a good investment opportunity to Canadians, “especially” in mining, as the sector is faced with more violence and unrealistic demands, is rather embarrassing.

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  • All Share : 40746.24
    Change: -2.60%
    Top 40 : 36210.76
    Change: -2.95%
    Financial 15 : 11682.10
    Change: -2.42%
    Industrial 25 : 46250.46
    Change: -2.45%
    Resource 10 : 45847.63
    Change: -3.70%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6666.62
    Change: -2.54%
    Dow Jones : 15211.77
    Change: -0.62%
    Hang Seng : 22669.68
    Change: -2.54%
    ASX : 5040.80
    Change: 0.00%
    S&P 500 : 1638.550
    Change: -1.01%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5361
    Change: -0.33%
    ZAR/GBP : 14.3755
    Change: -0.04%
    ZAR/EUR : 12.3126
    Change: 0.22%
    ZAR/JPY : 0.0938
    Change: 1.19%
    ZAR/AUD : 9.2541
    Change: -0.02%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1386.5900
    Change: 1.34%
    Platinum : 1456.0000
    Change: -0.61%
    Silver : 22.4600
    Change: 0.84%
    Palladium : 740.0000
    Change: -0.14%
    Brent Crude Oil : 101.090
    Change: -1.47%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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