• Wednesday, September 02 2015
  • JSE Sens

Retail & Consumer

Woolworths appoints new CEO

Woolworths SA CEO Zyda Rylands. Picture: TREVOR SAMSON
4 hour(s) ago

Retailer announces appointment of long-time employee Zyda Rylands as new CEO

Americas

Obama secures key vote to protect Iran nuclear deal

Barack Obama. Picture: AFP PHOTO/NICHOLAS KAMM
1 hour(s) ago

Vote needed to sustain a veto of any congressional resolution disapproving a nuclear deal with Iran, ensuring accord will not fail in Congress

National

‘Independent panel’ to help police implement Farlam report recommendations

Judge Ian Farlam. Picture: THE TIMES
6 hour(s) ago

Panel will be established to help guide Police Ministry on how to implement Farlam Commission of Inquiry report’s recommendations, police minister says in Parliament

Retail & Consumer

First Krispy Kreme store to open in Rosebank

Picture: THE NEW YORK TIMES/OZIER MUHAMMAD
6 hour(s) ago

Global doughnut company, coffee retailer says first store in SA will be opened in Rosebank at the end of November, marks its first venture into Africa

Transport & Tourism

South African Airways still making a loss

SAA. Picture: GALLO IMAGES/ALON SKUY
8 hour(s) ago

National carrier says operating environment in 2014 was difficult because of increased competition, effects of Ebola, xenophobia on tourism, weak currency, legacy impairments, finance costs

Mining

Mine workers stage underground sit-in at Sibanye mine

Mine. Picture: SOWETAN
7 hour(s) ago

More than 1,000 mine workers at Sibanye Gold’s Driefontein mine stage sit-in to protest death of colleague, Amcu says

Education

Department unveils plan to ‘school’ teachers

Armed security at Roodepoort Primary School. Picture: ALON SKUY/THE TIMES
5 hour(s) ago

It’s back to basics for SA’s teachers, with the announcement of a government training programme that aims to enhance ‘school culture’ and curb violence in SA schools

Picture: THINKSTOCK

SA gold faces uncertain future

Upended by toxic combination of falling prices, intensifying labour disputes and surging cost of exploration, country’s largest producers are flailing

Columnists

Commodity cycle not expected to bounce back anytime soon and anaemic global demand and electricity constraints weigh against currency bounce, writes ...

Where, oh where, will the bounce-back come from?

Columnists

Lack of interest in rural land judgment shows concern about economic fairness is for those who live in suburbs, not peasants in North West, writes ...

Court ruling fails to catch imagination of commentators

African Business

Is Africa’s Chinese-led boom coming to an end?

Picture: THINKSTOCK
9 hour(s) ago

Disappointing growth in SA, Nigeria highlights role of China in expansion of recent years, now that Asian country’s economy is slowing down

Economy

Moody’s report shows more governments are borrowing domestically

Picture: THINKSTOCK
9 hour(s) ago

More governments, including SA, are borrowing within own countries and in local currencies, thus reducing exposure to global financial meltdowns, Moody’s report shows

Sport

Durban to host 2022 Commonwealth Games

Durban's beachfront. Picture: SUNDAY TIMES
13 hour(s) ago

Coastal city is selected as host for Games at general assembly in New Zealand, it was only bidder for event after Edmonton withdrew from contention

Education

Radicalise change at Stellenbosch, says Nzimande

Higher Education and Training Minister Blade Nzimande. Picture: SOWETAN
14 hour(s) ago

Conservative forces at work are resisting transformation, minister tells MPs

Picture: ISTOCK

Present and yet missing in action at workplace

Research shows that happy, healthy and engaged employees produce more and cost less

Energy

Updated IRP may raise share of nuclear power

Parliament’s  energy committee chairman Fikile Majola said on Tuesday the committee wanted to be involved in the process to procure nuclear power. Picture: TREVOR SAMSON
15 hour(s) ago

Integrated resource plan could make case for over 9.6GW while dirty coal stations set to close

Industrials

Rescuer for embattled Evraz still to be named

Picture: EVERAZ HIGHVELD
15 hour(s) ago

Deadline missed to name bidders for embattled steel maker while publication of business rescue plan pushed back two weeks

Health

Antiretrovirals for staff good for business

Picture: THINKSTOCK
14 hour(s) ago

Drugs to all eligible employees cuts HIV/AIDS-related costs, study at Anglo American’s coal operations shows

Labour

Ramaphosa initiates talks on strike ballots and pickets

Deputy President Cyril Ramaphosa. Picture: GCIS
14 hour(s) ago

Deputy President Cyril Ramaphosa initiates talks on violent and prolonged nature of strikes as well as wage inequality

Financial Services

Shake-up in offing for life assurance commission

Banking customers. Picture: THINKSTOCK
14 hour(s) ago

Structure of commission payments in life assurance industry poised for radical overhauled

Healthcare

Medical aids spend more on hospitals and specialists

Picture: THINKSTOCK
14 hour(s) ago

Medical schemes’ outlay on specialists and private hospitals soars in above-inflation trend, Council for Medical Schemes report shows

Energy

Specs and costs stall enacting of clean fuel standards

A chimney flares at PetroSA's Mossgas facility in Mossel Bay. Picture: THE TIMES
14 hour(s) ago

Financing still under discussion — earlier estimate at about R40bn to modernise refineries that were built in the 1940s and 1950s

Economy

Worse to come as car sales hit skids

Picture: THINKSTOCK
15 hour(s) ago

Worsening economic conditions could double the rate of decline in new vehicle sales, say analysts

African News

Congolese militia leader goes on trial at ICC

Congolese militia leader Bosco Ntaganda. Picture: REUTERS
8 hour(s) ago

International Criminal Court has accused Rwandan-born Bosco Ntaganda of crimes including murder, rape of his own child soldiers during early 2000s

Asia-Pacific

China’s welcome mat out for ‘brother, friend’ Bashir

Sudanese President Omar al-Bashir and Chinese President Xi Jinping at the Great Hall of the People in Beijing on Tuesday. The African leader is in China for Second World War commemorations, Picture: REUTERS/PARKER SONG
14 hour(s) ago

As nonsignatory of International Criminal Court China not obliged to detain Sudanese President Omar al-Bashir to face war crimes charges

National

Judges pepper Vodacom counsel on SMS idea

Nkosana Makate. Picture: SUNDAY TIMES
14 hour(s) ago

Court quizzes Vodacom on whether it was just that the company had reaped billions from its former employee’s idea without rewarding him for it

Retail & Consumer

A Grand Parade of gaming and Burger King roll-outs

A Burger King outlet at Park Station in Johannesburg. Picture: THE TIMES
14 hour(s) ago

Empowerment group happy to refocus on Sunwest gaming asset to help fund roll-out of Burger King

Retail & Consumer

RCL Foods back in the black

Miles Dally. Picture: LEON GROVE
14 hour(s) ago

Diversified food producer overcomes challenging conditions to benefit from acquisitions and restructuring initiatives

Retail & Consumer

Mr Price’s shares in bargain bin

Picture: MICHAEL ETTERSHANK
14 hour(s) ago

Budget retailer blames downturn on poor fashion offerings and ‘very late onset of winter’

African Business

Market shocks not over, African nations warned

Akinwumi Adesina. Picture: AFP PHOTO/ SIA KAMBOU
13 hour(s) ago

African Development Bank’s new president says African nations should set up more sovereign wealth funds to help withstand the next downturn

Mining

DRDGold cuts distributions, may keep cash for buyback

Niël Pretorius. Picture: MARTIN RHODES
14 hour(s) ago

CEO Niël Pretorius’s comments inspire 20% rise as prospects for long-term share holders improve

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Cartoons

MOOD ENHANCER: Research shows that blue lighting, which is favoured in some yoga and meditation classes, can be even more effective than white fluorescent light in suppressing melatonin. Picture: THINKSTOCK

Why everyone is a yoga teacher

People in droves are training to become yoga teachers, but many have no intention of leading a room full of downward dogs

Opinion & Analysis

Plan B needed to save rhinos

Picture: SUNDAY TIMES
14 hour(s) ago

Poaching needs to be made a less attractive career option — the black market value per kilogramme of rhino horn is greater than that of gold and platinum combined, writes Paul Hoffman

Gadgets & Gear

Huawei takes aim at Apple, Samsung with Mate S phone

The new smartphone Huawei Mate S. Picture: REUTERS
2 hour(s) ago

The Mate S has a 5.5-inch display, a 13 mega pixel rear camera and fingerprint security

Americas

Shrinking Exit Glacier a powerful sign of warming climate

Melting glaciers on Alaska’s southeastern coast near the port of Seward expose the underlying rock structure.  Picture: BRENDAN RYAN
8 hour(s) ago

President Barack Obama’s trek to Alaska aims to make world pay heed to damage already caused by rising seas, and demand leaders reach deal in Paris to curb carbon emissions

Management

How to get what men have got

Donna Rachelson argues that women and men behave quite differently in the way they try to achieve their goals — women are largely passive, while men are aggressive. Picture: SUPPLIED
14 hour(s) ago

Develop interpersonal skills — your tone, body language and presentation — and then ask for what you want, writes Donna Rachelson

Roger Federer celebrates his quarterfinal victory over Gilles Simon at Wimbledon on Wednesday. Picture: REUTERS

Roger Federer glides into second round at US Open

Roger Federer sails through first round at Flushing Meadows, while Andy Murray ushers talented young Australian Nick Kyrgios out of another Grand Slam

Soccer

Mauritania name squad to face SA

Picture: THINKSTOCK
15 hour(s) ago

Mauritania have named eight foreign-based players in a 25-man squad for Saturday’s Africa Cup of Nations qualifier against SA

Other Sport

Olympic logo joins stadium in the bin

Kazumasa Nagai, chief of the Tokyo 2020 Olympic emblem selection, is silhouetted at a press briefing on the emblem in Tokyo, Japan. The logo was scrapped on Tuesday. Picture: EPA/KIMIMASA MAYAMA
15 hour(s) ago

Tokyo’s 2020 Olympics organisers scrap plagiarism-tainted logo and blame loss of public confidence not lawsuit

Soccer

Serero, Masilela injuries do not faze Bafana's Mashaba

Bafana Bafana coach Shakes Mashaba, centre, speaks to his team January 18 on the eve of the 2015 African Cup of Nations football match between Algeria and South Africa.  Picture: AFP PHOTO / CARL DE SOUZA
14 hour(s) ago

Star Bafana players will not be replaced if they are unfit to play against Mauritania in Afcon qualifier

Cricket

India fight back to take Sri Lanka series

India’s Ravichandran Ashwin, left, celebrates with teammates after dismissing Rangana Herath, right, on Tuesday. Picture: AFP PHOTO/ISHARA S KODIKARA
15 hour(s) ago

Sri Lanka began the final session with a reasonable hope but India grabbed the last five wickets for victory

Opinion

Why Free State Stars are enchanted by Middendorp is a mystery

Ernst Middendorp must have local soccer bosses under his spell

JSE Sens

Standard Bank

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The Third Umpire

Chinese President Xi Jinping. Conducting a witch-hunt to find scapegoats for the volatility on China’s stock markets is a bit rich when the state is clearly at least as responsible as anyone else.

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Energy Minister Tina Joemat-Pettersson. It’s not nice to accuse people of, um, being economical with the truth, but her briefing to Parliament’s energy committee yesterday was about as riddled with porkies as they come.

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Higher Education Minister Blade Nzimande. Business Day may not be his favourite newspaper but we noticed Minister Nzimande’s recognition that we highlight the leadership deficit.

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