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Nhlanhla Nene.  Picture: TREVOR SAMSON

Treasury consults 20 financial groups on sale of noncore assets for Eskom

2 hour(s) ago

Finance Minister Nhlanhla Nene focuses on the strategic importance of targeted state assets and timing of receipt of the proceeds to raise the R23bn needed by Eskom

Labour

Cosatu facing financial crisis, says Vavi

Zwelinzima Vavi. Picture: ARNOLD PRONTO
4 hour(s) ago

The expulsion of the National Union of Metalworkers of SA has impacted negatively on Cosatu’s finances, says Cosatu secretary general Zwelinzima Vavi

Energy

Westinghouse to appeal court ruling on generator contract

Eskom’s Koeberg nuclear plant looms over Melkbosstrand in Cape Town. Picture: SUNDAY TIMES
5 hour(s) ago

Nuclear fuel producer intends to appeal a SA court ruling dismissing its application to have the bidding process of a $334m contract re-opened

Business Times

A Ponzi deal’s absentee shareholder?

Picture: THINKSTOCK
8 hour(s) ago

A website has accused Cobus Kellermann of a gigantic global scam, but the businessman denies any wrongdoing

Business Times

Vodacom drops price bomb on subscribers

Vodacom branding on the Ponte Building in Hilbrow, Johannesburg, in 2011. Picture: GALLO IMAGES/FOTO24/FELIX DLANGAMANDLA
8 hour(s) ago

Vodacom has pushed the wrong buttons this week, raising the ire of customers furious about an increase in contract prices that will kick in from May

Business Times

Peermont investors to bask in Sun deal

Peermont Global's flagship Emperors Palace casino.
8 hour(s) ago

Announcement that Sun International will buy Peermont Global for R9.4bn takes market by surprise, but there is concern that two players will dominate the industry

Business Times

Maasdorp’s exit doesn’t add up for maths plan

Leslie Maasdorp. Picture FINANCIAL MAIL
8 hour(s) ago

Former Advtech CEO had hoped to launch a maths academy for pupils of public-sector schools

Business Times

If only the grid could run on optimism

Eskom CE Jacob Maroga. File picture: BUSINESS DAY/MARTIN RHODES
8 hour(s) ago

Don’t think disaster, think opportunity — Jacob Maroga looks on the brighter side of load-shedding

Business Times

Fishy franchisor next in line for liquidation

The Fish and Chips Company. Picture: VELI NHLAPO/SOWETAN
8 hour(s) ago

Troubled Old Fashioned Fish and Chips franchising company in line to be liquidated after High Court in Pretoria awards an order to a frustrated franchisee

Picture: THINKSTOCK

Factory sector is running on empty

The sector’s share of the economy has shrunk from 20% in 1983 to 16% in 2013, writes Kaizer Nyatsumba

Business Times

Arthur Goldstuck: Because guaranteed ‘uptime’ is one of the key selling features of data centres, they have been given fresh impetus by Eskom

How Eskom is making data centres appealing

Business Times

Rob Rose: In a few weeks, Moneyweb will clash with Media24 in a case with serious implications for news

Breaking news: we need ‘old-school’ reporting

Business Times

Suspicious fund skips Mauritius for the Caymans

Picture: SUNDAY TIMES
8 hour(s) ago

Belvedere is a confusing and murky tangle of offshore funds, but the most eyebrow raising is its Kijani fund, based in the Cayman Islands

Business Times

Used cars leave new cars in the dust

Picture: THINKSTOCK
8 hour(s) ago

Banks finance two used cars for every new car bought — and this ratio is likely to tip further in favour of used cars

Business Times

Fountainhead set to accept Redefine’s sweeter offer

Redefine Properties' head office in Rosebank, Johannesburg.
8 hour(s) ago

Redefine Properties’s takeover of Fountainhead is back on the table after a change of heart on the part of the target’s largest investor

Business Times

‘Downgrade not due to suspensions only’

Tshediso Matona. Picture: PUXLEY MAKGATHO
8 hour(s) ago

Eskom’s recent credit downgrade by S&P’s to ‘junk status’ will have an impact on ‘the whole value chain of the energy industry’, says former CEO Jacob Maroga

African News

Nigeria vote runs into second day

A woman casts her vote at a polling unit in Daura, northwest Nigeria on Saturday. Picture: REUTERS
6 hour(s) ago

Technical glitches hit voter ID machines and Islamist Boko Haram militants kill more than a dozen people in drive-by shootings

Koeberg nuclear power station at sunset.

Down the rabbit hole in Eskom’s Blunderland

Eskom is going to price itself out of the market, and it will be those who can least afford to pay its prices who will suffer or find illegal means of tapping into the grid, writes Bruce Whitfield

Middle East

Israeli PM lashes out as Iran nuclear talks intensify

Israeli Prime Minister Benjamin Netanyahu. Picture: REUTERS
5 hour(s) ago

Benjamin Netanyahu issues dire warning saying the ‘Iran-Lausanne-Yemen axis’ is ‘dangerous for all of humanity’

Middle East

Raids cripple Yemen’s main airport

An image taken on Sunday shows a burnt vehicle in Yemen's southern Lahj province, the stronghold of embattled President Abedrabbo Mansour Hadi, where tensions are high as the rebels clashed with the
5 hour(s) ago

Arab coalition warplanes targeting Iran-backed rebels bomb runway at Yemeni capital’s international airport and kill 15 pro-rebel troops elsewhere in Sanaa

African News

Top Algerian militant killed in raid in south Tunisia

6 hour(s) ago

Tunisia forces killed nine Islamist militants, including a top commander, hours before world leaders are due to march in Tunis in solidarity

Business Times

Q&A: Casino group has given us a good ride, but we may flog it — MIC

Mary Bomela. Picture: KATHERINE MUICK/SUNDAY TIMES
8 hour(s) ago

Business Times tracked down Mary Bomela, the CEO of the Mineworkers Investment Company, which owns 25% of Peermont, and put her on the spot

African News

Ex-dictator vs fortunate son in Nigeria’s presidential vote

Nigeria's President Goodluck Jonathan and former military ruler Muhammadu Buhari pose for a photo after signing a peace accord in Abuja. Picture: REUTERS
1 day(s) ago

Incumbent Goodluck Jonathan, 57, is a Christian from the Niger Delta oil region in the south while Muhammadu Buhari, 72, is a Muslim from the north and a retired major general

National

Marikana report to Zuma by Tuesday

Judge Ian Farlam addresses a witness during the Marikana commission of inquiry. Picture: DANIEL BORN
1 day(s) ago

Farlam Commission of Inquiry is finalising its report into the events at Marikana and will hand it over to President Jacob Zuma before the end of March, it says

National

Petrol price for 95 octane to rise by R1.62/l on April 1

Picture: THINKSTOCK
2 day(s) ago

Department of Energy says large increase in prices of 95 and 93 octane petrol and diesel includes additional levies as announced by finance minister in budget speech

Europe

DNA from 78 Germanwings crash victims found

Debris from the Germanwings Airbus A320 that crashed in the French Alps. Picture: EPA/SEBASTIEN NOGIER
3 hour(s) ago

Forensic teams have isolated 78 distinct DNA strands from body parts recovered from the Germanwings crash site in the French Alps, lead investigator says

Americas

Brazil uncovers multibillion-dollar tax fraud

Picture: THINKSTOCK
6 hour(s) ago

Dozens of Brazilian firms, including banks, are under investigation amid allegations they paid $5.9bn in bribes to tax officials

Business Times

Cement megadeal crumbles

Picture: THINKSTOCK
8 hour(s) ago

PPC shares rally after it calls off merger with rival Afrisam

Business Times

Web businesses’ uphill battle to make it in Africa

Picture: THINKSTOCK
8 hour(s) ago

Ndubuisi Ekekwe lists key reasons why Africa’s internet business ecosystem is not profitable

Business Times

Pattison powers on for US energy company

Massmart CEO Grant Pattison. Picture: BUSINESS DAY
8 hour(s) ago

Grant Pattison, who was selling generators as CEO of Massmart until September last year, will now peddle renewable energy solutions

Europe

Anticipation and angst as Europe ends milk quotas

Picture: THINKSTOCK
4 hour(s) ago

Starting April 1, farmers will be allowed churn out as much milk as they want

National

Dispute declared in public sector pay talks

Picture: SOWETAN/FINANCIAL MAIL
1 day(s) ago

Organised labour concerned that premature conciliation on an inadequate wage offer could push unions to strike

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Cartoons

Oscar winning actress Lupita Nyong'o in Kampala on Saturday to film 'Queen of Katwe', in which she plays the mother of Ugandan national chess champion Phiona Mutesi, whose tale of triumph over adversity is being turned into a Hollywood epic. AFP

Nyong’o at home in Uganda for Disney production

After a film about a king of Scotland, Ugandans are getting excited over a new movie about a queen, starring Oscar winner Lupita Nyong’o

Arts & Entertainment

Death threats made to BBC chief after Jeremy Clarkson axe

Jeremy Clarkson during the rehearsal of the popular TV show 'Top Gear Live' in Amsterdam on April 26 2013. The BBC announced on March 10 2015 that they have suspended Clarkson with immediate effect after an incident with a producer. The BBC said it also pulls the show from its broadcast schedule for the next two Sundays.  EPA/KOEN VAN WEEL
4 hour(s) ago

British police investigating death threats against BBC director-general Tony Hall following his decision to drop popular Top Gear presenter Jeremy Clarkson

Business Times

FAME & FORTUNE: It pays to take care of the cents

Mmarona Kgwele says there are pros and cons to working in the entertainment industry.     Picture: LEE PHOTOGRAPHY
8 hour(s) ago

Actress and TV presenter Mmarona Kgwele hosts ‘Rands with Sense’. Brendan Peacock asked her how she handles her own money

Arts & Entertainment

Fan frenzy as ‘Mad Men’ nears end

Actor Jon Hamm, who plays the character 'Donald Draper' chats with Christina Hendricks, who plays the character 'Joan Harris' in 'Mad Men', during an event to present the Smithsonian National Museum of American History with objects from the TV series 'Mad Men' on Friday in Washington. Picture: AFP
4 hour(s) ago

Award-winning hit series about morally compromised New York advertising executives in 1960s Manhattan returns next month for its final seven episodes

Business Times

HOW TO... Use kitchen rules to be a better leader

Picture: THE NEW YORK TIMES/TONY CENICOLA
8 hour(s) ago

Auguste Coetzer, director at executive search firm Talent Africa, believes many of the skills needed in a well-run kitchen are as applicable to leading a team or organisation

Opinion

WINE: Why you should stick to the stickers on the bottles

Show results offer wine drinkers a way of making sense of the countless labels available in the market

Australia's teammates celebrate with the trophy after a victory against New Zealand during their 2015 Cricket World Cup final in Melbourne on Sunday. Picture: AFP

Australia win fifth Cricket World Cup

Michael Clarke hit 74 in his last one-day international to lead Australia to their fifth World Cup title with a seven-wicket win over New Zealand

Cricket

Clarke warns Kiwis of MCG factor

Australia's Mitchell Starc celebrates after India's Umesh Yadav was bowled out during their Cricket World Cup semifinal in Sydney on Thursday.  Picture: REUTERS/STEVE CHRISTO
2 day(s) ago

Size of the great Melbourne Cricket Ground arena may unsettle Black Caps, says skipper Michael Clarke, but ‘we will have to play our best cricket to win’

Rugby

Depleted Sharks will need to fight hard to beat Force

Picture: THINKSTOCK
3 day(s) ago

Sharks’ defensive standards have slipped from last season’s lofty levels and they have conceded 12 tries

Share search

Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
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The Third Umpire

Public Enterprises Minister Lynne Brown, who — unlike President Jacob Zuma — appears to understand that by law she is not entitled to intervene in the governance or management of SOEs that have their own boards.

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SARS commissioner Tom Moyane, for refusing to release the controversial Sikhakhane report to MPs, apparently because it does not justify his decision to suspend Ivan Pillay and other senior officials.

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Top Gear presenter Jeremy Clarkson, who has officially been dropped from the BBC show after being suspended for striking a producer who had failed to organise dinner for him. Being a complete git is not entertaining.

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