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President Jacob Zuma. Picture: GCIS

Zuma must pay up on Nkandla in 45 days

34 minute(s) ago

Constitutional Court approves Treasury’s determination of R7,8m payment by President Jacob Zuma for unduly benefits on Nkandla

Energy

Eskom’s about-face on independent producers will be studied — after election

Picture: REUTERS/SIPHIWE SIBEKO
57 minute(s) ago

While the government is enthusiastic about independently produced power, Eskom is refusing to sign procurement agreements without ‘engagement’

Economy

Ratings agencies must see SA translating promises into action, Gordhan says

STANDSTILL: Finance Minister Pravin Gordhan. Picture: TREVOR SAMSON
1 hour(s) ago

Finance Minister Pravin Gordhan says things have to be done differently in the second half of this year to retain the investment outlook of SA’s economy

Media

Will journalists be allowed to go back to work? SABC won’t say

Journalists protest against censorship outside the SABC offices in Cape Town earlier in July. Picture: SUNDAY TIMES
2 hour(s) ago

The Labour Court has ordered that four of eight journalists dismissed by the public broadcaster for objecting to an editorial ban are entitled to return to work

Economy

Gordhan: Can the electricity grid cope with economic growth of 4%

Minister of Finance Pravin Gordhan. Picture: THULI DLAMINI
3 hour(s) ago

Pravin Gordhan says government will address policy uncertainty in mining and land laws, and a minimum wage deal is drawing near

Politics

ANC ignores ward councillor’s application in High Court over nomination

ANC supporters. Picture: REUTERS/SIPHIWE SIBEKO
3 hour(s) ago

Spokesperson Zizi Kodwa says the ANC cannot change branch candidates now before the August 3 poll and ‘even if someone dies that person will be on the ballot paper’

Retail & Consumer

Top SABMiller shareholder says revised AB Inbev offer ‘remains unacceptable’

Picture: THE TIMES
3 hour(s) ago

Aberdeen Asset Management says the offer of £45 a share undervalues SABMiller and continues to favour shareholders Altria and Bevco

Media

Democracy triumphed and Hlaudi Motsoeneng lost, union Solidarity says

Solidarity deputy general secretary Dirk Hermann. Picture: TREVOR SAMSON
4 hour(s) ago

Solidarity represented four journalists that the SABC will now have to re-instate, after victory in the Labour Court

Media

Labour court finds SABC’s dismissal of four journalists unlawful

Journalists protest against censorship outside the SABC offices in Cape Town earlier in July. Picture: SUNDAY TIMES
5 hour(s) ago

Court has ordered that the journalists be allowed to return to work, SABC was also interdicted from continuing with the disciplinary action against them

Mark Barnes. Picture: FINANCIAL MAIL

WATCH: Why being a crook is the order of the day

It doesn’t matter how you make your money, but if you earn a lot of it, you earn respect, says SA Post Office CEO Mark Barnes

Columnists

Meanwhile in SA, the implications of a national minimum wage and Gordhan’s vote of no confidence in SAA board

Michelle Obama fires up Democrats for US election

Columnists

Aubrey Matshiqi promo

Future of ANC must be new majority with new values and different political culture, writes Aubrey Matshiqi

ANC should not be an old-age beauty contest

National

Terror accused SA twins’ bail hearing delayed

Brandon-Lee Thulsie and Tony-Lee Thulsie pose for a photograph that they shared on Facebook.
26 minute(s) ago

Thulsie twins’ legal team has brought an application in the Johannesburg High Court to have their detention declared illegal

National

SAA needs whole new board, says Gordhan

Finance Minister Pravin Gordhan. Picture: BUSINESS DAY
6 hour(s) ago

And a new management team could include existing people, but ‘certainly requires new blood as well”, the finance minister says

Markets

Reserve Bank caught in JSE error

Nicky Newton-King. Picture: FINANCIAL MAIL
9 hour(s) ago

The monetary policy committee's interest rate call was partly based on distorted inflow data

Mining

Kumba gets new CEO in Anglo American shakeup

Anglo American plans to completely exit its coal business, CE Mark Cutifani says. Picture: REUTERS/SIPHIWE SIBEKO
7 hour(s) ago

The iron ore producer had a tough first half, with output and prices falling, but is looking forward to a better second half as job cuts at Sishen start to take effect

National

Study for relocation of Parliament to Pretoria launched

Picture: GALLO IMAGES/LISA HNATOWICZ
9 hour(s) ago

The feasibility study has a six-month timeline and must provide a cost estimate for the monumental undertaking

Picture: ISTOCK

OPINION: An open letter about Uber from the metered taxi industry

The City of Cape Town has flooded an overtraded market, imposed unfair rules and allowed operating conditions to favour a single company, writes David Drummond

Europe

French police kill men who murdered priest and held nuns hostage in a church

French police secure the entrance to the courthouse in Bordeaux where Former French President Nicolas Sarkozy is due to be questioned by magistrates trying to establish whether his 2007 election campaign was illegally financed by the country's richest woman.  Picture: REUTERS.
3 hour(s) ago

The Normandy attack is the latest in a string of deadly assaults in Europe and comes 12 days after a Tunisian killed 84 people in the French Riviera city of Nice

Economy

Why Fitch’s BMI Research says Reserve Bank has no appetite for rate hikes

The South African Reserve Bank headquarters building in Pretoria. Picture: THE TIMES
6 hour(s) ago

The group has lowered its economic forecast for SA, and does not expect an increase in interest rates before late next year

National

Joburg expected to be regional home to Brics bank

Vladimir Putin (left), Narendra Modi (third left), Dilma Rousseff (centre), Xi Jinping (fourth right) and Jacob Zuma attend a Brics summit in Russia. Cementing trade relations with Brics is one thing. Shaping our foreign policy to align with them is quite another.  Picture: REUTERS
4 hour(s) ago

Gordhan says Brics countries are looking for other nation partners to join the organisation to further intensify development in developing economies

Retail & Consumer

AB InBev raises its offer for SABMiller to £45

The commission says the guidelines seek to clarify its approach to analysing mergers. Picture: REUTERS
6 hour(s) ago

At SABMiller’s annual general meeting institutional shareholders called on management to push AB InBev for a higher bid following the pound’s post-Brexit crash

Economy

Minimum wage mooted as remedy for dismal growth

Rather than resulting in unemployment, some studies find that US states that raised their minimum wage had greater job growth. Picture: REUTERS
5 hour(s) ago

University of the Witwatersrand report suggests a minimum wage of R4,500-R5,500 a month — well above what business owners have proposed

National

More than half of Africans will use mobile broadband within four years

Picture: THINKSTOCK
2 hour(s) ago

A new study shows that by mid-2016, there were 72 live 4G networks in 32 countries across Africa, half of which had launched in the past two years

Transport & Tourism

Cheap and cheerful SA’s tourism sector a bright spot in the economic slough

Picture: SUNDAY TIMES
4 hour(s) ago

With visas now easier to obtain through tour operators, Chinese numbers were 50% higher in May than a year earlier while those from India rose 37%

National

Terror accused twins submit affidavits in argument for bail

Brandon-Lee Thulsie and Tony-Lee Thulsie pose for a photograph that they shared on Facebook.
4 hour(s) ago

The ‘lengthy’ sworn statements were handed in to the court, without being read into the record, rather than calling the brothers to the stand to make their case for bail

Americas

How Yahoo and Google’s paths diverged

Marissa Mayer, president and chief executive officer of Yahoo!, delivers a keynote speech in Las Vegas, the US. Picture: BLOOMBERG/DAVID PAUL MORRIS
1 hour(s) ago

The two companies’ histories could be read as the triumph of bots over brains, as Google’s single-minded focus on technology gave it the edge

National

We need to stop shooting ourselves in the foot, Pravin Gordhan tells business

Pravin Gordhan. Picture: THE TIMES
5 hour(s) ago

The constant focus on what is wrong in the economy is one of the constraints on growth and is creating a vicious cycle, the finance minister says

Americas

Fed expected to hold rates steady and defer increase to September or December

US Federal Reserve chairwoman Janet Yellen addresses the Economic Club of New York in New York, the US, on Tuesday. Picture: REUTERS/LUCAS JACKSON
3 hour(s) ago

US monetary policy makers will need to consider how to reconcile upbeat data with a global growth slowdown and other challenges threatening the inflation trajectory

Europe

Democrat hack felt across the world as Kerry and Lavrov have words in Laos

Russian Foreign Minister Sergei Lavrov (left) and US Secretary of State John Kerry attend a joint press conference in Vienna, Austria, on Tuesday Picture: AFP PHOTO/DITER NAGL
4 hour(s) ago

Russia’s foreign minister says he does not want to use four-letter words, responding to suggestions Russia was behind the e-mail leak causing a rift among Democrats

Politics

Gwede Mantashe rebukes Fransman for dividing party in Western Cape

Gwede Mantashe. Picture: REUTERS/SIPHIWE SIBEKO
10 hour(s) ago

Marius Fransman is not off the hook and cannot return to work, says ANC secretary-general

National

Cape Town wants to control its energy future, says De Lille

Cape Town mayor Patricia de Lille. Picture: SUNDAY TIMES
10 hour(s) ago

Cape Town mayor Patricia de Lille questions Eskom’s decision to forego ‘cheapest form of new electricity generation’

View more

Cartoons

Numerous products and activity programmes claim to be able to slow mental decline, but nothing has proven a surefire way to preserve brainpower, apart from certain mental exercises, say Canadian scientists. Picture: THINKSTOCK.

The brain exercise that gives you the best shot at delaying dementia

A new, 10-year study shows there is a more effective brain training technique than memory and reasoning exercises

Management

Three steps for getting teams with different subcultures to collaborate

Picture: THINKSTOCK
1 hour(s) ago

Organisations often have many cultures and collaboration requires working across cultures effectively

Opinion

BRAND COMMUNICATION: More clients want one-stop marketing services

Picture: ISTOCK

Integrated agencies offer clients more bang for their buck — traditional advertising, social media, shopper marketing, and public relations services

Sibusiso Vilakazi. Picture: SAMUEL SHIVAMBU/BACKPAGEPIX

‘Vila’ will fight for his spot at Downs

Vilakazi is the kind of player who enjoys being in the box and being on the end of a killer pass, if he is not providing it himself

Rugby

Whiteley input key to Lions’ final ambitions

Warren Whiteley. Picture: GALLO IMAGES/SYDNEY SESHIBEDI
11 hour(s) ago

Lions will increasingly rely on Warren Whiteley’s calming influence to make it to Super Rugby final

Other Sport

Team SA settle in Olympic athletes’ village

The Olympic Village is reflected in an apartment window during a guided tour for journalists to the 2016 Rio Olympics Village in Rio de Janeiro, Brazil, July 23, 2016. REUTERS
11 hour(s) ago

Contrary to media reports that the village was "unlivable", Team SA’s apartment block features large en suite apartments, with air conditioning and reliable WiFi

Rugby

Why WP rugby bosses should face axe and not coach Fleck

Robbie Fleck (Interim Coach)  during the DHL Stormers press conference at High Performance Centre, Bellville on January 19, 2016 in Cape Town. Picture: GRANT PITCHER/GALLO IMAGES
11 hour(s) ago

Future of Stormers interim coach Robbie Fleck remains uncertain after disclosing that he’s had no discussions to remove "interim" from his title

Cricket

Will Donald’s coaching give Australia the edge?

Former South African cricketer Allan Donald. Picture: SHAUN ROY/GALLO IMAGES
10 hour(s) ago

Australia are the only measuring stick who matter in SA cricket‚ and if Donald is in their dugout when the teams clash, a compelling subplot will unfold

Opinion

Proteas in need of some first-class practice

Top guns in the Proteas Test squad have the talent and mental strength but the bowlers are a liability

Standard Bank

JSE Sens

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The Third Umpire

Cyclist Louis Meintjes, for finishing in the top 10 of the Tour de France at the weekend, the first South African to have achieved this feat, and just seven minutes behind the SA-educated winner, Chris Froome.

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Zimbabwean President Robert Mugabe, who appears to have fallen out with the “war veterans” who have helped keep him in power, often through violence and intimidation. When you have a tiger by the tail….

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ANC Western Cape leader Marius Fransman, whose attempt to exonerate and reinstate himself while still facing harassment charges and a disciplinary hearing has only highlighted the factional divisions in the party.

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