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Mining

Operations at Lily Mine to resume after cash injection from Canadian company

Security marshalls open the gates for an ambulance to leave the Goldfields Lily Mine in Barberton in the South African Mpumalanga province after a gold mine collapsed earlier this month. Picture: AFP/STRINGER
1 day(s) ago

The cave-in of the shaft trapped Pretty Nkambule‚ Yvonne Mnisi and Solomon Nyerende‚ who have still not been recovered

BusinessDay

Court declares Amcu strike unlawful, says Sibanye mine

Picture: PUXLEY MAKGATHO
1 day(s) ago

Amcu may not participate in, incite or otherwise encourage any Kroondal employees to embark on an unprotected strike action

Energy

Eskom taking steps to meet rising demand

EFFICIENCY: The Department of Energy wants increased targets on the reduction in national energy consumption by 2030. Picture: REUTERS/SIPHIWE SIBEKO
1 day(s) ago

Eskom remains committed to keeping unplanned breakdowns below 4‚000 MW in order to enable it to meet demand

Transport & Tourism

Possible taxi strike on Monday in Gauteng

Noord Street taxi rank in Johannesburg is part of a much larger system that has democratised the movement of people. Picture: SUNDAY TIMES/ERIC MALEMA
1 day(s) ago

The strike is in response of Operation ke Molao where in hundreds of minibus taxis being impounded

African News

Private firm hired to hunt for EgyptAir black boxes

Part of a plane chair among recovered debris of the EgyptAir jet that crashed in the Mediterranean Sea is seen in this handout image released on Saturday by Egypt's military. Picture: EGYPTIAN MILITARY/HANDOUT VIA REUTERS
1 day(s) ago

The EgyptAir Flight crashed in the Mediterranean last Thursday between the Greek island of Crete and Egypt’s north coast with 66 people aboard

Americas

Panama Papers law firm closes Jersey, Gibraltar offices

Mossack Fonseca building in Panama. Picture: EPA/ALEJANDOR BOLIVAR
1 day(s) ago

The announcement came nearly eight weeks after the first reports about the Panama Papers emerged

Americas

Demonstrators face off at Trump rally in California

PROTEST BLUES: A demonstrator hides part of her face as she protests near the convention centre where US Republican presidential candidate Donald Trump held a rally in Anaheim, California on Wednesday. Picture: REUTERS
1 day(s) ago

Trump is arguably one of the most divisive politicians in recent American history and his rhetoric has prompted widespread outrage

National

Mchunu rejects ANC re-deployment to parliament

Senzo Mchunu. Picture: SOWETAN
1 day(s) ago

BDlive understands from various party seniors that the former premier has rejected the MP offer, although the ANC has yet to respond to or comment on his decision

Picture: SUNDAY TIMES

NEWS ANALYSIS: SABC’s spin on coverage of violent protest is not convincing anyone

SABC spokesperson Kaizer Kganyago says the public broadcaster was capable of reporting on protests without displaying images of damage to property

Columnists

Peter Bruce promo

The nuclear build is already deeply tainted, and will be obsolete technology by the time SA has paid off the R1-trillion, writes Peter Bruce

Trillion-rand
nuclear build scares crows

Columnists

Lindiwe Mazibuko: Political elites will continue to amass power, while South Africans are pushed further away from the people they elect

Why an inward-looking ruling party is so knotty

Economy

Blow for SA’s banks as Moody’s lowers outlook to negative

Picture: REUTERS
1 day(s) ago

SA’s difficult economic outlook ‘will strain borrowers’ repayment capacity, which will add to increased asset risks, Moody’s says

Asia-Pacific

Obama wraps up historic Asia trip

INDIGNATION:  US President Barack Obama, left, and Japanese Prime Minister Shinzo Abe shake hands after a press conference after their bilateral meeting in Shima, Japan,  on Wednesday. Picture: AFP PHOTO/JIM WATSON
1 day(s) ago

Obama formally reset the relationship with Washington’s former foe by lifting an arms embargo, four decades after the US withdrew its last troops

Economy

R16.2bn allocated by government to incentives to promote manufacturing

Treasury director-general Lungisa Fuzile. Picture: FINANCIAL MAIL
1 day(s) ago

Treasury director-general Lungisa Fungile says government alive to crisis faced by manufacturing sector and by steel sector specifically

National

Benefits for spouses of president to be discussed after Zuma wives row

President Jacob  Zuma  poses for photographs with three of his wives, Sizakele Khumalo (R) Nompumelo Ntuli (L) Thobeka Mabhija (2-L) after the State of The Nation address in Parliament, Cape Town. Picture: ESA ALEXANDER/SUNDAY TIMES
2 day(s) ago

According to a report says the state has spent about R500,000 on housing minister Des van Rooyen and his family in a boutique hotel, owing to a lack of a suitable residence

National

Trashback throws cold water on government’s plan to integrate waste pickers

Waste pickers scavenge through rubbish at Roundhill dumpsite in Berlin in the Eastern Cape. Picture: DAILY DISPATCH
1 day(s) ago

The wastepreneurs travel up to 20km per day with a load of almost 40kg stacked on their trollies, and on a good day can earn up to R200

Standard and Poors. Picture: REUTERS

EDITORIAL: SA shows its worst to S&P

Standard and Poor’s sovereign rating committee is right to be sceptical after SA’s recent political dramas

Financial Services

Barclays Africa looks to insurance to support growth

Absa group financial director David Hodnett. Picture: FINANCIAL MAIL
1 day(s) ago

Barclays Africa Group expanding its insurance business through acquisitions to support growth, says deputy chief executive David Hodnett

African News

State oil and gas pipelines sabotaged and blown up in Nigeria

SLIPPERY SLOPE:  An oil worker in Nigeria. The country’s oil production has fallen to less than 1.7-million barrels a day. Picture: BLOOMBERG/GEORGE OSODI
1 day(s) ago

Oil output in Nigeria has dropped to a 20-year low after repeated attacks by the NDA, a new group demanding more economic and political control of the Niger Delta

Education

Education department vows to take action against ‘jobs for cash’ offenders

AGGRIEVED: Teachers at protest march outside the Union Buildings in Pretoria in April. Picture: PUXLEY MAKGATHO
1 day(s) ago

Report paints picture of ‘jobs for cash’ being common practice, and implicates largest teacher union Sadtu in holding basic education system hostage

National

Presidency condemns ‘toxic narrative’ that Zuma is at war with Gordhan

ANTAGONISTS: President Jacob Zuma and Finance Minister Pravin Gordhan. Picture: SOWETAN
2 day(s) ago

Presidency says President Jacob Zuma is not at war with Finance Minister Pravin Gordhan and such suggestions are ‘absurd’

Politics

ANC finalising list of councillor candidates

ANC secretary general Gwede Mantashe adresses the media at the ANC National Executive Committee on March 20, 2016 at the St Georges Hotel in Pretoria. Picture: AFP PHOTO / MUJAHID SAFODIEN
1 day(s) ago

ANC national list committee begins difficult task of collating candidates for the 278 municipalities in the country, a process expected to take two days

Education

Much gratitude expressed for Mandela’s donations to educational institutions

The late Nelson Mandela and his great-grandson Ziyanda Manaway, reading the official children's version of his best-selling autobiography Long Walk to Freedom. Picture: DEBBIE YAZBEK/NELSON MANDELA FOUNDATION
1 day(s) ago

Late former president Nelson Mandela left R100‚000 bequests to educational institutions for scholarships and bursaries, which were presented on Friday

Media

EFF‚ COPE condemn SABC’s protest blackout decision

Picture: SOWETAN
1 day(s) ago

Economic Freedom Fighters and Congress of the People condemn decision by SABC to no longer screen footage of destruction of public property during protests

National

Van Rooyen’s hotel stay flies in face of Gordhan’s call for cost containment

Desmond van Rooyen. Picture: Picture: BLOOMBERG/WALDO SWIEGERS
2 day(s) ago

State spent about R500,000 for minister to stay in five-star boutique hotel, news reports show

Financial Services

JSE banking index falls after Moody’s changes outlook for banking system

Picture: MICHAEL ETTERSHANK
2 day(s) ago

Negative outlook reflects its assessment that creditworthiness of SA banks likely to come under pressure in next 12 to 18 months

Politics

NEWS ANALYSIS: NEC meeting is opportunity for ANC to show leadership

President Jacob Zuma. Picture: GCIS
2 day(s) ago

There’s a high likelihood reports on state capture and the Constitutional Court judgment on Nkandla will be discussed, writes Natasha Marrian

Mining

Bruce Cleaver is named new CEO of De Beers

De Beers CEO Philippe Mellier.  Picture: SIMON DAWSON/BLOOMBERG
2 day(s) ago

Anglo American says Bruce Cleaver will replace Philippe Mellier, who has been the CEO of its diamond subsidiary for the past five years

Financial Services

Capitec lodges opposition to reckless-lending charges

Capitec CEO Gerrie Fourie
2 day(s) ago

Provider of unsecured loans says it is not a payday lender, adds it is confident it can win against Summit Financial Partners, but is worried about reputational damage

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Cartoons

Athletes in the Women's Professional Body Building section of the Arnold Classic Africa on stage at the Sandton Convention Centre, Johannesburg, South Africa, 28 May 2016. The first Arnold Classic Africa sees body builders from South Africa and abroad take to the stage to win their highest awards. The Arnold Classic is named after actor, governor of California and former body builder Arnold Schwarzenegger.  Picture: EPA/KIM LUDBROOK

Schwarzenegger opens Arnold Classic event in SA

Schwarzenegger wants to promote healthy lifestyles around the world

Opinion

LIQUID INVESTMENTS: Number of well-maturing Cape reds have made consumers blasé

Expectations play a role in wine appreciation, but what if you don’t know what to expect?

Asia-Pacific

Tencent surges to record on speculation of Shenzhen stock link

Picture: REUTERS
2 day(s) ago

Chinese gaming and messaging giant Tencent soars to record in Hong Kong as investors speculate potential link with Shenzhen exchange will spur it higher

Gadgets & Gear

Snapchat valuation nears $18bn

Snapchat logo. Picture: SNAPCHAT
2 day(s) ago

Start-up featuring disappearing messages raises more than $1.8bn in investment round that stretched over more than a year, funding valued it at close to $18bn

Opinion

HALF ART: Tread carefully along the road of good intentions

Nudist photograher Spencer Tunick brings a knife to a gunfight trying to show up Donald Trump

Jose Mourinho. Picture: REUTERS

Manchester United sign three-year contract with Mourinho

Jose Mourinho replaces Louis van Gaal whose two-year reign at Old Trafford ended on Monday when he was sacked two days after United won the FA Cup

Rugby

John Smit says goodbye to Sharks

John Smit.  Picture: GALLO IMAGES/STEVE HAAG
2 day(s) ago

Smit, who captained SA to Rugby World Cup triumph in 2007, says he is resigning to spend more time with his family

Soccer

Ibrahamovic praises Mourinho and says he made his choice

Zlatan Ibrahimovic. Picture: EPA/MARCUS ERICSSON
2 day(s) ago

Coy about his next club Swedish striker Zlatan Ibrahimovic has been linked to a move to the English Premier League.

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

Whether the “rotation” of SA’s oil stocks is legitimate or an enrichment scam, Energy Minister Tina Joemat-Pettersson must know she needs the finance minister’s permission to dispose of significant state assets

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Archbishop Emeritus Desmond Tutu’s daughter, Rev Canon Mpho Tutu-Van Furth, has chosen to return her licence to the Anglican Church rather than have it revoked for entering into a same-sex marriage. Sad, but dignified.

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Zimbabwe Finance Minister Patrick Chinamasa. Without the reserves to back them, the “bond notes” he plans to print to supplement scarce dollar supplies will result in runaway inflation. Has his government learnt nothing?

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