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‘I did not backtrack on paying back the money for Nkandla,’ says Zuma

President Jacob Zuma delivers his state of the nation address in Parliament on Thursday.  Picture: GCIS
1 hour(s) ago

President Jacob Zuma tells state of the nation briefing that he waited for parliamentary processes to decide how to act after release of public protector’s report


Tax increases, including a ‘wealth tax’, could constrain growth

Finance Minister Pravin Gordhan addresses a media briefing in Pretoria. Picture:  REUTERS/SIPHIWE SIBEKO
1 hour(s) ago

Speculation is rife about the inclusion of a new tax bracket for individual taxpayers who earn more than R1m in taxable income a year

Retail & Consumer

Bleaker outlook hits Woolworths stock

Woolworths CEO Ian Moir  presents the group’s results in Cape Town on Thursday. Picture: TREVOR SAMSON
8 hour(s) ago

Woolworths CEO Ian Moir reports robust trading, while analyst warns of tough times ahead for retailer in South African and Australian markets


Daimler unit to expand from SA base

Daimler’s truck brands increased their presence in 2015.
8 hour(s) ago

German motor company Daimler makes South Africa regional base for new global truck and bus strategy


Manufacturing and mining remain depressed

8 hour(s) ago

Weak performance in two sectors unsurprising as economy expanded just 0.7% in third quarter of last year

Transport & Tourism

Nersa urged to check validity of Transnet hike bid

Transnet Engineering workshops at Kilner Park Koedoespruit. Picture: ARNOLD PRONTO
8 hour(s) ago

Transport economist warns Transnet's proposed tariff increase must not end up as cross-subsidy for rail projects

Media & Advertising

SABC TV content deal not a merger, says tribunal

8 hour(s) ago

Competition Tribunal rules controversial multimillion-rand content deal between MultiChoice and SABC does not constitute a merger

Telecoms & Technology

Telkom set to land contract for state broadband rollout

Picture: THE TIMES
8 hour(s) ago

SA’s biggest landline provider inches closer to deal with government to start R750m first phase of broadband rollout


WATCH LIVE: Malema vs Sunter in heavyweight debate on economy

South Africa’s economy: boom or bust? That’s the question to be answered in a battle of the heavyweights in Cape Town tonight


Peter Bruce promo

In SA, China wants to build a relationship with a steady ship. Instead, Zuma’s Nene and Nkandla sagas make us look like a circus, writes Peter Bruce

THICK END OF THE WEDGE: China checks the SA cards it’s played


Anthony Butler promo

Public institutions likely to gain public's confidence only when their leaders transcend race divisions, writes Anthony Butler

Public institutions could end up stronger


WATCH: State of the nation address 2016

The red carpet is rolled out on Wednesday during preparations for Jacob Zuma's state of the nation address.  Picture: GCIS
19 hour(s) ago

Watch President Jacob Zuma's full address to Parliament


DA seeks review of ‘sham’ SABC probe

Advocate Zola Majavu and his client, SABC chief operating officer Hlaudi Motsoeneng. Picture: FREDDY MAVUNDA
8 hour(s) ago

DA battle revolves around whether broadcaster has complied with public protector’s finding on Hlaudi Motsoeneng

Middle East

Major powers agree to plan for ‘cessation of hostilities’ in Syria

US Secretary of States John Kerry (R) gestures beside of Russian Foreign Minister Sergei Lavrov (L) during a news conference after the International Syria Support Group (ISSG) meeting in Munich, southern Germany, on Friday. Picture: AFP / CHRISTOF STACHE
7 hour(s) ago

But US, Russia and more than a dozen other nations fail to secure complete ceasefire or end to Russian bombing


Chaos as EFF once again delays speech and then stages walkout

Economic Freedom Fighters members leave the National Assembly on Thursday.  Picture: TREVOR SAMSON
16 hour(s) ago

Unlike last year, the Economic Freedom Fighters did not push matters to the point where the Parliamentary Protection Services were called to evict them forcibly


ANC liable for legal action for not recalling Zuma, says COPE’s Bloem

Dennis Bloem. Picture: THE TIMES
9 minute(s) ago

The African National Congress has not helped ensure the independence and effectiveness of the public protector, the Congress of the People says

President Jacob Zuma takes a seat after his state of the nation speech is disrupted in the National Assembly on Thursday.  Picture: TREVOR SAMSON

Zuma’s state of the nation address passes the baton to Gordhan

Austerity was the one area where President Jacob Zuma offered some detail, leaving the rest for Pravin Gordhan’s do-or-die 2016 budget, write Daniel Silke


Renault hits profitability targets two years ahead of schedule

12 minute(s) ago

However, Renault took a hit in Russia where the economic downturn hit its Avtovaz unit there hard, with a loss of €620m

African News

Rwanda says it will relocate refugees

Nigerians from the northeast town of Baga in a UN refugee agency camp in N’Gouboua, in Chad’s Lake Chad region, in January. Picture: AFP
36 minute(s) ago

Kigali says it will work with partners in the international community to plan the orderly and safe relocation of Burundian refugees to third countries

Financial Services

Investec Africa fund closes with almost $300m raised

Investec. Picture: MARTIN RHODES
8 hour(s) ago

Investec Africa Private Equity Fund 2 raises $295m war chest to expanded investments in SA and Africa


South Korea and US to discuss missile defence

STALLED: The inter-Korean Kaesong industrial complex is seen behind the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom, just south of the demilitarised zone dividing the two Koreas, in Paju, about 55km north of Seoul. Picture: REUTERS
4 hour(s) ago

Seoul will begin talks with Washington as early as next week on deploying an advanced US missile defence system following North Korea’s rocket launch

Media & Advertising

Twitter shares slump to record low as user growth stalls

The shadows of people holding cellphones fall onto a backdrop projected with the Twitter logo in this picture taken in Warsaw. Picture: REUTERS
4 hour(s) ago

More than 20 brokerages have cut price targets on the social media website’s shares, which have fallen more than 50% since CE Jack Dorsey returned in July


ArcelorMittal SA’s full-year loss widens dramatically

ArcelorMittal SA's Vanderbijlpark plant. Picture: FINANCIAL MAIL
5 hour(s) ago

Steel maker posts falls in revenue and sales volumes, while its debt position deteriorates, as China’s slowdown brings the steel sector’s growth cycle to an end

Retail & Consumer

Astral chooses to take the acquisitive route

8 hour(s) ago

Sovereign still on ‘big bird’ of poultry industry’s radar after company sidesteps hostile approach


UK antitrust watchdog slaps fine on GlaxoSmithKline

Picture: REUTERS
1 hour(s) ago

Drugmaker is fined £37.6m over pay-for-delay deals that held back sales of cheaper generic versions of an antidepressant


Rolls-Royce cuts its dividend for first time in almost 25 years

The Wraith Inspired by Film.  Picture: ROLLS-ROYCE SA
1 hour(s) ago

Company says it will need to deepen cuts in a restructuring effort sparked by sluggish sales of marine turbines and slumping demand for older wide-body jets

Retail & Consumer

NEWS ANALYSIS: Chesa Nyama owner listing short of gravy

8 hour(s) ago

Gold Brands listing fails to whet appetite of investors after series of small fast food/restaurant businesses leave lingering bitter taste on JSE, writes Marc Hasenfuss


Gordhan praises ‘bold’ address

Pravin Gordhan. Picture: TREVOR SAMSON
15 hour(s) ago

Finance Minister Pravin Gordhan impressed by president's commitment to fiscal discipline, while opposition leader critical of missed opportunity to cut bloated Cabinet


Einstein’s gravitational waves glimpsed in monumental discovery

A graphic from NASA/Caltech-JPL shows an artist's impression of gravitational waves generated by binary neutron stars. Picture: EPA/R HURT
16 hour(s) ago

Gravitational waves are a measure of strain in space, an effect of the motion of large masses that stretches the fabric of space-time

Middle East

Erdogan threatens to send refugees to European states

President Recep Tayyip Erdogan delivers a speech at the Presidential Complex in Ankara, Turkey, on Wednesday. Picture: AFP PHOTO/ADEM ALTAN
9 hour(s) ago

North Atlantic Treaty Organisation agrees to deploy ships to the Aegean Sea to ease the migrant crisis


Calls for more cuts at Barclays

8 hour(s) ago

JPMorgan Chase advises British bank to deepen cuts at investment bank as outlook deteriorates further

View more


A partial view of the Foundation Louis Vuitton designed by US-Canadian architect Frank Gehry, April 10 2014. Picture: AFP/FRANCK FIFE

Russian private collection a historic coup for Foundation Louis Vuitton

Sergei Shchukin’s trove of works by Picasso, Monet, Matisse, Cezanne and Van Goghs will be shown outside Russia for the first time


The right sort of fat can do you a lot of good

Picture: ISTOCK
1 day(s) ago

Drastic reduction in fat content of red meat over past 40 years means South African red meat can generally be classified as lean, writes Nicolette Hall


Jet lag could be minimised in a flash

Picture: ISTOCK
1 day(s) ago

New study shows specialised flashing lights at night during sleep change timing of circadian clock and may ease jet lag, writes Kathryn Doyle

Arts & Entertainment

Much to love about War and Peace

The BBC production of Russian writer Leo Tolstoy’s book, written more than 150 years ago, has been watched by more than 5-million viewers. But there have been complaints about the sex scenes and loose interpretation of the original. Picture: MITCH JENKINS
8 hour(s) ago

Classic work sketches an intimate panorama of human endeavour, linked to fate, writes Maarten Mittner


BOOK: When Breath Becomes Air

2 hour(s) ago

Diagnosed with terminal lung cancer at 36, neurosurgeon-turned-author Paul Kalanithi began writing his unfinished, genre-melding memoir


Put this in your pipe and smoke it

Overall, studies found that the odds of quitting smoking were 28% lower among people who used e-cigarettes. Pictures: REUTERS/NEIL HALL
1 day(s) ago

E-cigarettes cut odds of quitting and may even keep smokers hooked, writes Andrew Seaman


Work e-mail still relevant to the performance of a business

19 hour(s) ago

Some digital networks within workplaces are more effective than others if they include highly influential people

England’s Joe Root hits out in the last match at Centurion w ith Quinton de Kock behind the stumps. Both Root and De Kock have been in  excellent form with the bat and the pair will be looking for more runs at the Wanderers today. Picture: AFP

Another must-win game for Proteas

SA will not be out of the woods even if they win on Friday


Stormers to try out players in Jaguares friendly

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
9 hour(s) ago

Coach Robbie Fleck forced to leave out several resting or injured key players

Other Sport

Confidence arrives at right time for Harding

7 hour(s) ago

Justin Harding says opening round at Tshwane Open a bit of a surprise and needs to keep going


Ajax off to Angola ‘under threat’, but may end up in Brazil — De Sa

9 hour(s) ago

Ajax withdrew last Friday over concerns about travel arrangements in Angola and inability to insure their players


Chiefs and Sundowns seek end to African misery

Teko  Modise says  Sundowns must  win their home  matches. Picture: GALLO  IMAGES
9 hour(s) ago

Last year PSL champions Kaizer Chiefs and Sundowns crashed out of Caf Champions League in first round

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