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Anglo warns it will post impairment charges against some assets

7 hour(s) ago

Resources company says that due to ‘sharply lower commodity price environment’, it expects to record noncash impairment charges as special items for 2014


Sasol to delay Louisiana gas-to-liquids plant to conserve cash

Sasol's headquarters in Rosebank, Johannesburg. Picture: FINANCIAL MAIL
3 hour(s) ago

South African petrochemicals group puts off US investment amid volatility in oil market


China’s yuan now the world’s fifth
most-used currency

REFORMS: An employee counts Chinese 100 yuan notes at a branch of Bank of Communications in Shenyang, Liaoning province. Picture: REUTERS
19 minute(s) ago

Yuan climbs eight places over two years to overtake the Canadian and Australian dollar and enter the top five payment currencies in November, according Swift payment tracker


Eskom confirms load-shedding ended at 2pm

Eskom's Medupi station. Picture: ARNOLD PRONTO
3 hour(s) ago

Utility says it was able to turn lights on sooner than expected, but some areas may have to wait longer than others for power to be restored

Telecoms & Technology

MTN plans to lay off up to 578 workers,
says Solidarity

3 hour(s) ago

Africa’s biggest telecommunications provider to restructure business to strengthen is competitive advantage, says union


Investec Property Fund announces
change in leadership

Sam Leon. Picture: FINANCIAL MAIL
2 hour(s) ago

Fund to promote executive manager Nick Riley to position of CEO from end of March with current CEO, Sam Leon, moving into non-executive deputy chairman position


Aquarius Platinum reports record output

Aquarius Platinum CEO Jean Nel. Picture: PHILIP SCHEDLER
5 hour(s) ago

Platinum producer report quarter of record output from operations in SA, Zimbabwe, drop in costs boosts cash flows in weak platinum group metal price environment


Provincial department allocates funds
to Clanwilliam

2 hour(s) ago

To halt potential loss of millions of rand in agricultural produce, Western Cape department of agriculture assigns emergency funding to address canal break


Fashion giant H&M to open shop in SA as profit soars

The logo for an H&M (Hennes & Mauritz) store is pictured in London.  Picture: REUTERS
24 minute(s) ago

The company plans to open 400 more new shops after huge expansion in the US and China last year pays off

Alibaba.com's head office in Hangzhou, Zhejiang Province, China. Picture: BLOOMBERG

China raps Alibaba over fake goods

E-commerce giant’s Taobao platform says it will ‘assume the responsibility of fighting fakes’


Thami Mazwai promo

Let us take a deeper look at two critical issues: the entrepreneurial cognition in black communities and its relation to local economic development, ...

Sectoral approach to small business


Team SA did nothing to reassure confused investors that the NDP is an actual plan of action for implementation, writes Hilary Joffe

No shortage of plans, now for some action


Not enough incentives for whistle-blowers

3 hour(s) ago

Deputy Public Protector Kevin Malunga says bounty or sweetener may encourage more people to report corruption


Qatar set to buy London’s Canary Wharf district

A tug pulls a container barge down the River Thames in front of London's financial district of Canary Wharf.  Picture: REUTERS
33 minute(s) ago

Holdout majority shareholder Songbird’s board complains US-Qatar sovereign wealth fund’s £2.6bn offer undervalues prime London business


US provides Ukraine with $2bn in
loan guarantees

Ukrainian Finance Minister Natalia Yaresko and US Treasury Secretary Jack Lew shake hands during a joint news conference in Kiev on Wednesday. Picture: REUTERS
4 hour(s) ago

US says it is prepared to step up sanctions against Russia if necessary, will continue to work with allies to increase the pressure on Moscow

African Business

China defends aid role in Africa

1 hour(s) ago

China offers spirited defence of its aid to Africa, rejecting charges of ‘concrete diplomacy’ following a major infrastructure deal with the continent


Municipalities need alternative ways of funding infrastructure, says Creecy

Municipal workers fix potholes in Zola, Soweto, in this picture taken in February 2013. The Financial and Fiscal Commission says there is lack of investment by local government in the maintenance of roads and sewerage infrastructure.  Picture: SOWETAN
2 hour(s) ago

Gauteng finance MEC Barbara Creecy says provincial government, municipalities need to consider alternative means of funding in face of economic difficulties

Alexis Tsipras. Picture: BLOOMBERG / KOSTAS TSIRONIS

EDITORIAL: Promises and compromises

The sensible course would be to agree to some debt relief for Greece in exchange for deep structural reforms


Paris mayor wants to ban polluting trucks and buses

Snow along the Seine in Paris, where the winter’s edge enhances its many classic sites. Pictures: IVAN BASTIEN, TOMASZ WIEJA
12 minute(s) ago

Progressive mayor will present an antipollution plan next month that includes doubling the amount of cycle lanes as part of a 100-million bike development project

African News

Nigeria’s Jonathan takes election campaign to key oil region

RHETORIC: Nigerian President Goodluck Jonathan arrives with his wife for the inauguration ceremony of  the newly re- elected South African President Jacob Zuma in Pretoria on Saturday. Picture: AFP
1 hour(s) ago

President Goodluck Jonathan takes his re-election campaign to Niger Delta, knowing that victory in key region will help to determine overall victory in vote


Creating an old-girls network in Silicon Valley

Lisa Lambert.  Picture: REUTERS
1 hour(s) ago

Lisa Lambert is another executive who believes she is taking gender-disparity debate one step further with her own organisation, Upward

African News

Somali prime minister issues new cabinet list after MP veto

5 hour(s) ago

New prime minister proposes new cabinet after parliament rejects his last list of candidates, prompting concerns political power struggles are stalling progress

African News

Nigeria needs regional force to defeat Boko Haram, says UN envoy

Nigerian military personnel at checkpoints in Maiduguri, northeast Nigeria, in this file picture. Boko Haram has evaded security forces as it continues its violent campaign to create an Islamic state in the north of the county. Picture: EPA
5 hour(s) ago

Nigeria must accept it cannot defeat Boko Haram fighters alone and should work with regional armies in new multinational force, UN envoy for Sahel region says


Greek cabinet set for first meeting since
poll upset

Greek Prime Minister Alexis Tsipras smiles during the first meeting of new cabinet post elections in the parliament building in Athens on Wednesday. Picture: REUTERS
5 hour(s) ago

New radical left-led government to meet to hammer out strategy for renegotiating bailout after storming to power on promise to reject years of harsh austerity policies


Apple iPhone sales trample expectations as profit sets global record

6 hour(s) ago

Quarterly results smash expectations with record sales of big-screen iPhones and 70% rise in Chinese sales powering company to largest profit in corporate history


Blizzard hits Boston, but spares New York

Commuters make their way in New York's Times Square during a snow storm on January 26 2015. Picture: JEWEL SAMAD / AFP
7 hour(s) ago

Powerful blizzard strikes New England, leaving about 4.5-million people grappling with almost 1m of snow, coastal flooding, but New York City escapes

African News

Mozambican death toll rises after flooding

4 hour(s) ago

Floods leave more than 100 people dead, 150,000 displaced in Mozambique as southern Africa counts human, economic costs of torrential rains


Reveal trade secrets, minister tells foreigners

Lindiwe Zulu. Picture: PUXLEY MAKGATHO
11 hour(s) ago

Foreign business owners in SA’s townships cannot expect to co-exist peacefully with local business owners unless they share trade secrets, says Lindiwe Zulu

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Facebook. Picture: REUTERS

Facebook’s Oculus forms in-house virtual-reality film studio

Oculus VR gets into movies with in-house studio, premiers first short piece at Sundance


Audi, Volkswagen, Porsche recall vehicles

An Audi logo is seen on a car displayed on media day at the Paris Mondial de l'Automobile.  Picture: REUTERS
4 hour(s) ago

Audi, Volkswagen and Porsche to recall more than 93,500 cars and SUVs world-wide to fix fuel-leak problems


VRROOM WITH A VIEW: Unexpected pleasures

Powerful beasts such as the Mercedes-Benz E63S AMG have transformed the experience of driving on the autobahn in a lesser machine. Yet it still feels safe. Picture: SUPPLIED
11 hour(s) ago

From the autobahn, where a Golf feels decidedly underpowered, to the slick skills of the City Bowl school run, driving kicks are to be found in the least likely places, writes Alexander Parker

Serena Williams of the US celebrates winning a point over Dominika Cibulkova of Slovakia during their women's singles quarter-final match at the Australian Open 2015 tennis tournament in Melbourne on Wednesday. Williams defeated Cibulkova to win the match. Picture: REUTERS

Wawrinka and Serena through to Melbourne semifinals

Stan Wawrinka avenges tough defeat to Kei Nishikori at 2014 US Open, while ill Serena Williams remains on track for 19th Grand Slam title at Australian Open


Bafana's Afcon departure should not bring sadness, says Mbalula

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
10 hour(s) ago

Sports minister says country should ‘exercise patience, criticise with aim to build, not to destroy’


West Indies seek revenge against SA at World Cup

Hashim Amla during the South African National Cricket team training session and press conference at SuperSport Park on Tuesday  in Pretoria.  Picture: GALLO IMAGES / DUIF DU TOIT
11 hour(s) ago

Perhaps this is what happens when a series that was always going to be dwarfed by the looming World Cup is decided after three games, all of them won by SA

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The Third Umpire

Cape Town mayoral committee member for corporate services, Xanthea Limberg. The city’s Smart Cape initiative will help students and entrepreneurs overcome obstacles imposed by their circumstances.

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The Church of England’s first female bishop, Libby Lane, who was appointed on Monday during a ceremony in the UK’s York Cathedral. Pity it had to take the church almost half a millennium to recognise women’s worth.

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Zambia’s first female vice-president, Inonge Mutukwa Wina, who was appointed by newly elected president Edgar Lungu earlier in the week. The country is becoming a new beacon of progressive democracy in the region.

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Should SA media houses republish images of the Prophet Mohammed from other media in their publications?

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