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Industrials

PPC downgrade warning hits stock

Picture: SUPPLIED
2 hour(s) ago

SA’s biggest cement producer spooks market with an impending credit downgrade warning and planned capital raising

National

Appeal looks beyond Zuma case, says NPA

CONFLICT: National Prosecuting Authority head Shaun Abrahams has to deal with court cases that threaten the leadership. Picture: SUNDAY TIMES
2 hour(s) ago

Prosecutions head Shaun Abrahams insists important principles are at stake in ‘spy tapes’ appeal

Economy

Revised GDP data reveals slower growth

Picture: THINKSTOCK
2 hour(s) ago

The revised data show GDP growth at a seasonally adjusted and annualised 0.4% in the fourth quarter of 2015 from 0.6%

National

IEC admits it may have misconstrued its duties

Picture: SOWETAN
2 hour(s) ago

Chief electoral officer concedes the IEC may have ‘misconstrued’ its duties regarding voters’ addresses and failed to comply with the law

National

Zuma man Willies Mchunu takes helm as KwaZulu-Natal’s new premier

Willies Mchunu, left, shares a light moment with President Jacob Zuma in this March 2013 file photo.  Picture: SUNDAY TIMES
11 hour(s) ago

The new leader is not new to power struggles with axed KwaZulu-Natal premier Senzo Mchunu

Retail & Consumer

Pioneer apprehensive about growth

Picture: THINKSTOCK
2 hour(s) ago

Food company Pioneer reflects the difficult conditions lower-end consumers face, while the upper middle-class niche drives impressive growth at Rhodes

Economy

Ratings agency reprieve ‘is probable and plausible’

Standard and Poors. Picture: REUTERS
2 hour(s) ago

Economists say an S&P downgrade is not a done deal but SA must show it means business to avoid cuts in December

Media

SABC chief still at helm despite denial of appeal

Hlaudi Motsoeneng. Picture: MARTIN RHODES
17 hour(s) ago

In the latest court action against Hlaudi Motsoeneng the High Court in Cape Town rules out leave to appeal a ruling on his dismissal

Minister of Finance Pravin Gordhan during his speech at a fund raising dinner in Chatsworth on Saturday night. Picture: THULI DLAMINI

EDITORIAL: Intimidation will prove costly

There is a risk of a downgrade if the Treasury team is threatened

Columnists

Not enough is said of how the private sector can further the goals of inclusive growth, writes Trudi Makhaya

Business must do more to spread benefits

Columnists

Film characters offer worthy information. Take a look at Forrest Gump or Master Yoda, writes Michel Pireu

Investing
is a box of
chocolates

Markets

JSE likely to follow Asia down on Tuesday

Picture: JSE
1 hour(s) ago

SA’s largest food producer Tiger Brands, electronics group Reunert, staffing firm Adcorp and financial services group Vunani release results on Tuesday

National

Jiba trials set to continue after court throws out DA challenge

Nomgcobo Jiba. Picture: SOWETAN
2 hour(s) ago

Senior prosecutor Nomgcobo Jiba still faces an appeal and three more court cases

Europe

Brexit may cause recession, UK Treasury says

George Osborne. Picture: BLOOMBERG/SIMON DAWSON
2 hour(s) ago

UK government issues starkest warning yet about dangers of vote to leave the EU in June 23 referendum

Financial Services

Standard Bank blames sophisticated and co-ordinated syndicate for heist

Picture: SUNDAY TIMES
2 hour(s) ago

Reports in Japan say about 100 individuals hit 1,400 ATMs in just three hours to make off with about R300m

Transport & Tourism

Task teams formed to try to resolve SAA pay deadlock

IT’S LIKE THIS:  Federation of Unions of SA general secretary Dennis George makes a point. Picture: ROBERT TSHABALALA
2 hour(s) ago

Parties streamline representative teams to push forward talks on resolving the crisis at South African Airways

Residents of Ga-Rankuwa, north of Pretoria, marched to the City of Tshwane offices in a service-delivery protest in March. Picture: SOWETAN

Tshwane key battleground in local polls

ANC is struggling for unity in the metro, which is by far the largest in Gauteng, writes Karl Gernetzky

Energy

Off-grid solar solutions bring electricity to rural areas

Renewable energy programmes aim to bring power to SA’s most remote locations. File picture: CIRCA
2 hour(s) ago

The ‘pay as you go’ solar power market is being served by companies such as M-Kopa and Mobisol

Middle East

Bid to retake Falluja from Islamic State

UNDER SIEGE: The Baghdad government has called on civilians to flee the city after the attack of Islamic State militants by Iraq. However, Iraqi and US officials estimate that there are as many as 100,000 civilians still in Falluja. Picture: EPA
2 hour(s) ago

Iraqi government forces fight IS militants near Falluja and bombard central districts at the outset of an offensive to retake the longtime jihadist stronghold

Europe

Erdogan takes Turkey step closer to one-man rule

Turkish Prime Minister Recep Tayyip Erdogan. Picture: REUTERS
2 hour(s) ago

There is little doubt that prime ministers primary role will be to rubber-stamp what has already become reality: a shift to a full presidential system

Middle East

Netanyahu offers to hold talks with Abbas in Paris

PEACE PLAN: French Prime Minister Manuel Valls speaks to the media during his visit to Israel to advance a plan to restart Israeli-Palestinian peace efforts. Picture: AFP PHOTO/GALI TIBBON
2 hour(s) ago

Israeli Prime Minister Benjamin Netanyahu rejects a multilateral French peace initiative as he meets his French counterpart

Europe

Ryanair to slash prices as fare war looms

SLUMP: Ryanair CEO Michael O’Leary expects slow profit growth with its fares expected to fall by between 10%-12% in the winter months compared with a year ago. Picture: BLOOMBERG
2 hour(s) ago

Europe’s largest budget carrier reports a surge in net profit and plans to cut prices ahead of an expected ticket fare war

Asia-Pacific

Samsung clicks back into gear on phone sales

SNAPPY: The launch of the Galaxy S7 in Seoul in March was greeted with initial scepticism as Samsung Electronics made only incremental upgrades to its flagship smartphone, but strong sales have raised investors’ hopes that a slide in market share has been arrested. Picture: REUTERS/KIM JONG-JI
2 hour(s) ago

Galaxy S7 beats expectations after South Korean giant makes painful changes, writes Se Young Lee

Asia-Pacific

Australian steel maker to get bank’s advice on ore-grinding unit’s sale

Picture: EVRAZ HIGHVELD STEEL & VANADIUM
2 hour(s) ago

Collapsed Australian steel maker Arrium eyes sale of profitable Moly-Cop unit

Education

State proposes new rules for school posts

REFORM:  The Department of Basic Education has proposed that the minister be empowered to prescribe how the hiring of teachers should be done. File picture: THE TIMES
2 hour(s) ago

The Department of Basic Education has proposed new rules for the appointments of teachers after an investigation found senior posts were being sold

Industrials

Mpact’s profit warning sends share plunging

Picture: THINKSTOCK
2 hour(s) ago

The group attributes the expected plunge in profitability to lower sales of container board, higher finance costs, a slower-than-expected ramp-up of its Mpact Polymers plastic drink bottles business, and a higher effective tax rate

Property

High demand for Balwin’s sectional title houses

Picture: THINKSTOCK
2 hour(s) ago

The property company has benefited enormously from an urban shift away from traditional home ownership to smaller units

Telecoms & Technology

Nigeria suspends MTN talks: stock falls but later recovers

MTN's head office in Johannesburg. Picture: EPA/KIM LUDBROOK
2 hour(s) ago

Both parties come under fire from analysts for poorly managed settlement talks

Americas

Two Viacom officials fight Redstone over removal from trust

Philippe Dauman. REUTERS/BRENDAN DCDERMID
2 hour(s) ago

Court challenge by Viacom CEO Philippe Dauman accuses Shari Redstone of ‘illegally hijacking her father’s well-established estate plan’

Asia-Pacific

Vietnam private carrier orders 100 Boeings

Vietjet CEO Nguyen Thi Phuong Thao (left) shakes hands with US President Barack Obama (second left) while Ray Conner, president and CEO of Boeing Commercial Airplanes (right) shakes hands with Vietnam's President Tran Dai Quang at a signing ceremony in Hanoi, Vietnam, on Monday. PIcture: REUTERS/KHAM
2 hour(s) ago

VietJet signs an agreement to purchase 100 passenger jets valued at $11.3bn during President Barack Obama’s visit to Vietnam

Europe

French insurer AXA to dispose of tobacco stock

A man arranges cigarettes in a shop in central London, the UK. Picture: Organisations such as the Tobacco Free Portfolios Initiative are pushing for corporate divestment in the industry. Picture: EPA / FACUNDO ARRIZABALAGA
2 hour(s) ago

Leading French company embraces ethical investing by shedding stakes in Philip Morris International, British American Tobacco and Altria Group

View more

Cartoons

Roadside billboards are used for out-of-home advertising. Technology is now able to measure who is passing these sites. Picture: THE TIMES

Innovative ways to get the message across

Satellites and other forms of technology take the guesswork out of ad exposure measures and allow companies to track who sees their roadside billboards, writes David Furlonger

Arts & Entertainment

Iron Maiden puts on multimedia metal spectacle after 20-year wait

British heavy metal band Iron Maiden performing during The Book of Souls World Tour in Buenos Aires on March 15 2016. Picture: AFP PHOTO
13 hour(s) ago

It took a while to get going, but a few songs into the show the band was rocking as if it was back in the 80s, at the height of its power, writes Alistair Anderson

Opinion

VRROOM WITH A VIEW: Passat is a vote in the right direction

In an era of political madness and tough times Volkswagen offers a stylish new Passat that makes sense

IN: Jose Mourinho is expected to be confirmed as Manchester United manager. Picture: EPA

Are Mourinho and United the perfect match?

Jose Mourinho delivers wins but United fans used to an attacking flair and young players will be disappointed

Other Sport

Garcia equals Ballesteros record

3 hour(s) ago

Sergio Garcia displays shades of Seve Ballesteros on his way to victory at the AT&T Byron Nelson in Texas

Other Sport

Winter Breeze offers Strydom good start

Picture: ISTOCK
3 hour(s) ago

After being sidelined for several weeks with a broken collarbone, top jockey Piere Strydom returns to the saddle

Cricket

IPL players ‘will not be rusty’ for Caribbean series

FRESH: Kagiso Rabada has not been dashing about in India. Picture: GALLO
3 hour(s) ago

Only four of South Africa’s squad of 15 are not plying their trade in India, while four Australians will also come in from the cold to go to the Caribbean

Soccer

Van Gaal axed by United as Mourinho waits in wings

Louis Van Gaal. Picture: REUTERS/CARL RECINE
8 hour(s) ago

United’s failure to qualify for the lucrative Champions League seals Louis Van Gaal’s fate

Rugby

Stormers must get clever to secure a playoff berth

Picture: THINKSTOCK
3 hour(s) ago

Stormers’ deficit in defence and attack against the Bulls needs attention as the playoff competition quickens

Rugby

Lack of killer instinct handicaps Blitzboks

ALSO-RANS: The Blitzboks before their Cup final against Scotland who stunned the South Africans to win their first Sevens trophy. Picture: GETTY IMAGES/ROGER SEDRES
3 hour(s) ago

Mental barriers loom before Olympic Games

Opinion

Sponsor banks on unifying power of cricket in the land

Standard Bank insists it never lost its passion for cricket but that a realignment of priorities was necessary to make a return possible

Standard Bank

JSE Sens

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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

Irish golfer Rory McIlroy, who won the Irish Open for the first time on Sunday with a final round of 69. On an emotional high, the 27-year-old world No3 promptly donated the entire R12m in prize money to a number of charities.

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The NDPP’s rather wordy news conference did not cast much light on matters, but Finance Minister Pravin Gordhan has at least been reassured that neither the Hawks nor the NPA are about to have him arrested.

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Defence Minister Nosiviwe Mapisa-Nqakula. Whatever her motive, using a VIP flight to smuggle a foreign national into the country without the proper documentation smacks of impunity. So much for accountability.

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