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Group CEO of the Passenger Rail Agency of South Africa Lucky Montana makes a presentation to the select committee on public services on Tuesday. Picture: TREVOR SAMSON

Ousted CEO brings charges against Prasa executives

1 hour(s) ago

Prasa’s ousted chief executive has laid fraud charges against his former fellow executives, saying he has evidence of corruption

Labour

Gold mining companies table final wage offer

Elize Strydom.  Picture: MARTIN RHODES
5 hour(s) ago

After five weeks of talks gold mining companies table final wage offer to four unions in sector, saying offer will not be amended, even during mediation

National

Lack of skills and capacity hinders water delivery in South Africa

A Johannesburg Water employee attends to a leak.  Picture: SUNDAY TIMES
6 hour(s) ago

Shortage of skills and capacity among municipalities in SA is at heart of poor water service delivery, chief engineer in Department of Water and Sanitation says

Property

Fortress stellar earnings may upstage rivals’ growth

Mark Stevens.  Picture: RUSSELL ROBERTS
1 hour(s) ago

Fortress Income Fund posts 20% growth in income distributions and achieved distributable earnings growth for the year ended June of 20.29%

Markets

US rate hike fears knocks rand to near 14-year low

5 hour(s) ago

Rand slides to weakest level against dollar since December 2001 amid mounting fears of hike in US interest rates

Mining

Lonmin: victim of price falls and management wobbles

A man rides his bicycle past the Lonmin mine outside Rustenburg, northwest of Johannesburg. Picture: REUTERS
3 hour(s) ago

Platinum producer faces deepest crisis to date, hurt by downturn in metal, haunted by mixture of bad luck, management choices that are putting its survival at risk

African News

Hunter charged over killing of Cecil the lion

The much-loved Zimbabwean lion called 'Cecil'. Picture: AFP/ZIMBABWE NATIONAL PARKS
5 hour(s) ago

Zimbabwean court charges professional hunter with failing to prevent American from unlawfully killing ‘Cecil’, the southern African country’s best-known lion

National

ANC firebrand Andile Lili arrested for incitement

Andile Lili (left). Picture: ESA ALEXANDER / SUNDAY TIMES
6 hour(s) ago

ANC Western Cape provincial executive member and leader of Ses’khona pressure group, Andile Lili, arrested following remarks encouraging vigilantism

Picture: SUNDAY TIMES

EDITORIAL: State-owned PetroSA’s boardroom farce

PetroSA epitomises all that is wrong with the corporate governance of state-owned enterprises in South Africa

Columnists

Mninawa Ntloko promo

‘Gross and ugly’ racism in Russian football a black cloud over the 2018 World Cup, writes Mninawa Ntloko

Racist Russians, feeble Fifa could be in for 2018 shock

Columnists

Robert Laing: That Nikkei is newspaper group and stock market index provides no surprises considering market indices invented by newspapermen

Link between indices and newspapers

Land & Agriculture

Western Cape winery believes rooibos can revolutionise industry

Tea leaves in a plantation. Picture: THINKSTOCK
5 hour(s) ago

Audacia Wines has replaced traditional imported oak wood derivatives with indigenous rooibos wood to produce wine with no added sulphites

Property

Atterbury launches Atterbury Europe with €220m investment in Cyprus

The Mall of Cyprus.  Picture: SUPPLIED
5 hour(s) ago

Atterbury Europe will focus on shopping centre investments and retail development in Europe, with a bias towards eastern Europe

National

South Africans have too few savings to cope with unexpected expense

NEW CULTURE :  Saving regularly will improve your life.
2 hour(s) ago

More than half working South Africans, if faced with unexpected expense of R10‚000, will be forced to take out loan‚ rely on credit or borrow from family or friends, survey shows

Labour

NUM signs three-year wage deal with Northam Platinum

Platinum. Picture: REUTERS
8 hour(s) ago

National Union of Mineworkers says it has signed three-year wage deal with Northam Platinum for increases of up to 17% for lowest paid members

Picture: THINKSTOCK

Unleashing the household sector

Economy is stuck in doldrums of persistently slow growth, increase in growth is dependent on willingness of households to spend, borrow more, writes Brian Kantor

National

SA stuck in low growth trap, Nene warns ANC

Nhlanhla Nene. Picture: TREVOR SAMSON
15 hour(s) ago

ANC lekgotla told of high risk of social unrest and political consequences

Americas

Shell to cut jobs due to sliding prices

The logo of Shell is pictured at the 26th World Gas Conference in Paris. Picture: REUTERS/BENOIT TESSIER
9 hour(s) ago

Royal Dutch Shell plans to reduce its headcount by 6,500 this year owing to falling prices, as it looks to complete BG Group takeover

Asia-Pacific

Fur trade a goldmine for China’s Olympic bid city

A tricycle rides over fur of raccoon dogs at a fur market in Chongfu county, Jiaxing, Zhejiang province. Picture: REUTERS/STRINGER/CHINA OUT
5 hour(s) ago

Proposed Winter Olympics co-host city boasts pristine ski slopes carpeted with artificial snow, but also home to thousands of caged rabbits and mink bred for skins

Management

Startups scramble to define ‘employee’

Picture: THINKSTOCK
9 hour(s) ago

Hundreds of startups that rely on freelancers are under siege as lawsuits threaten to reclassify contractors as employees, which may drive up labour costs about 20% to 40%

National

Nkandla officials ‘abused Zuma name’

Police Minister Nathi Nhleko, left, addresses Parliament’s ad hoc committee on Nkandla on Wednesday as Public Works Minister Thulas Nxesi looks on. Picture: TREVOR SAMSON
15 hour(s) ago

Police minister portrays President Jacob Zuma as an innocent victim whose name was abused by local officials

Americas

Facebook, Google tighten grip on mobile ads

Picture: THINKSTOCK
11 hour(s) ago

Facebook offers fresh evidence of its allure to deep-pocketed big brands, as it, Google increasingly take lion’s share of fast-growing mobile advertising market

National

EFF lays charge over burglary in parliamentary office

Julius Malema. Picture: TREVOR SAMSON
12 hour(s) ago

Economic Freedom Fighters says parliamentary support staff found locks had been changed, doors left opened, private files were missing

Transport & Tourism

Acting SAA CEO goes back to Mango

Nico Bezuidenhout. Picture: SUNDAY TIMES
15 hour(s) ago

Nico Bezuidenhout’s exit paves the way for a new person to lead the national carrier

Asia-Pacific

Landslide near Nepal’s popular Annapurna trek route kills 30

People work to remove a stone as they search for landslide victims at Lumle village in Kaski district, Nepal, on Thursday.  Picture: REUTERS
3 hour(s) ago

Landslides triggered by torrential rain in Nepal sweep through villages, killing at least 30 people close to nation’s most popular trekking circuit

Retail & Consumer

Edcon names new CEO amid debt restructuring

Picture: Robbie Tshabalala
9 hour(s) ago

SA retailer names Bernard Brookes as new CEO, as debt-burdened company tries to restructure its debt to repay bondholders

Economy

PPI for June better than expected

Picture: THINKSTOCK
9 hour(s) ago

Producer inflation for final manufactured goods better than expected last month, increasing marginally to 3.7% in June year on year from 3.6% in May

National

Rosebank, Sandton to be connected by new bicyle lanes

Picture: THINKSTOCK
3 hour(s) ago

Rosebank will soon be connected to Sandton and surrounding areas by 27km of bicycle lanes aimed at reducing motorist gridlocks as well as carbon footprint

Transport & Tourism

Biometrics on arrival visa approach more cost effective

Picture: SUNDAY TIMES
9 hour(s) ago

SA should abandon in-country biometric data capturing in favour of ‘biometrics on arrival’ system, says Tourism Business Council CE Mmatsatsi Ramawela

Asia-Pacific

Samsung’s second-quarter profit falls 8%

Mock-ups of the Samsung Galaxy Note 4 smartphone are displayed at the company's flagship store in Seoul, South Korea. Picture: BLOOMBERG
9 hour(s) ago

Electronics giant posts 8% fall in net profit, promises ‘flexible’ pricing of new flagship smartphone after less than stellar sales contribute to slump in mobile unit earnings

Labour

Unions seek to ‘maximise cash component’ of any deal with gold producers

Picture: AFP PHOTO/OZAN KOSE
7 hour(s) ago

Gold producers will table final offer to all four unions participating in wage talks after hearing concerns from organised labour that cash component of any offer is key

Asia-Pacific

Malaysia says almost certain debris found in Reunion from a Boeing 777

A woman writes a message of hope for the passengers of the missing Malaysia Airlines flight MH370 on a banner at Kuala Lumpur International Airport on Wednesday. Picture: REUTERS
9 hour(s) ago

Malaysia ‘almost certain’ plane debris found on Reunion Island is from a Boeing 777, heightening possibility it could be wreckage from missing Flight MH370

View more

Cartoons

Paul Rudd plays the title role in Disney’s Ant-Man, based on Marvel comic book.

Disney gives a peek at upcoming attractions

Perhaps most anticipated of forthcoming Disney offerings is Star Wars: The Force Awakens, which sees Harrison Ford return in iconic role as rogue Han Solo

Health

Employers wake up to benefit of sleep

Picture: WIKI COMMONS
16 hour(s) ago

The best measure of your sleep quality is how you feel when you wake up, writes Vanessa Rogers

Health

Buzz over malaria vaccine fades as difficulties dawn

Picture: BLOOMBERG
16 hour(s) ago

Kate Kelland: If children vaccinated against malaria continue to get the disease, why should mothers trust other vaccines?

Health

Cancer, a study in deceit and rebellion

Picture: THINKSTOCK
16 hour(s) ago

Multicellular life is a continual struggle between competition and co-operation — evolution can explain the rise of disease, writes George Johnson

Management

Ways to craft an eye-catching summary on your CV

Picture: THINKSTOCK
9 hour(s) ago

Recruiters spend about six seconds before deciding to throw a curriculum vitae away, but a well-crafted summary can ensure yours is read

Health

New norovirus could down millions, on land and sea

Picture: REUTERS
16 hour(s) ago

Infected food workers are frequently the source of norovirus outbreaks, often by touching ready-to-eat foods served in restaurants and cruise liners, writes Jason Gale

Motoring

INTERNATIONAL LAUNCH: A master class in evolution

Designers have given the new Audi R8 a more edgy look.  Picture: AUDI AG
17 hour(s) ago

Motor News travelled to Faro, Portugal to sample the second generation Audi R8

Dale Steyn. Picture: AFP PHOTO/ISHARA S KODIKARA

Dale Steyn joins 400 Test wicket club

Dale Steyn becomes second South African bowler to take 400 Test wickets after dismissing Bangladesh opener Tamim Iqbal on opening day of second Test in Dhaka

Rugby

Botha believes Pollard has the right stuff

Handré Pollard. Picture: GALLO IMAGES/STEVE HAAG
16 hour(s) ago

Handré Pollard’s has struggled to reach the same heights as break-out season last year but former national captain and flyhalf Naas Botha believes in him

Other Sport

Boston’s to blame for bid backfiring, says IOC boss Bach

IOC president Thomas Bach addresses the media after the Executive Board meeting and IOC Session in Kuala Lumpur. Picture: AFP PHOTO/MANAN VATSYAYANA
16 hour(s) ago

Boston selected as US candidate for the 2024 Games but falls flat after U-turn over costs

Cricket

Haddin no has-been, says Ponting

Ricky Ponting. Picture: REUTERS
16 hour(s) ago

Wrong to leave wicketkeeper Brad Haddin out of the team for the third Ashes Test, says former captain

Cricket

De Kock discovers the truth in that old sporting adage

Quinton de Kock. Picture: GALLO IMAGES/LEE WARREN
16 hour(s) ago

Wicketkeeper Quinton de Kock discovers it’s easier to get to the top than stay there

Opinion

Pulling Port Elizabeth academy funds deals blow to development

South African Rugby Union’s bizarre withdrawal of funding for its academy in Port Elizabeth a blow to Southern Kings and black rugby-rich region

JSE Sens

Standard Bank

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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

Energy Minister Tina Joemat-Pettersson, for allowing the nuclear procurement process to proceed in the absence of public debate or input from stakeholders, and without clarity on costs or how the deal will be financed.

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Council for Medical Schemes benefits management head Paresh Prema. The regulator’s proposal that schemes be allowed to offer products that do not cover prescribed minimum benefits will help take pressure off the state.

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Ses’khona leader and newly elected Western Cape ANC official Andile Lili, whose statement that criminals should be “killed immediately and brutally” rather than left to the police is unacceptable in a democracy.

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