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Economy

Four lessons central banks learnt from the crisis, and what it means for SA

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL
1 hour(s) ago

In the wake of the 2008 financial crisis, central banks’ roles and responsibilities have changed, as it became clear there were glaring gaps in how they operated

Mining

Higher gold price helps DRDGold become debt free

Picture: THINKSTOCK
52 minute(s) ago

Company says higher throughput was not enough to offset lower yield, but a stronger rand gold price boosted revenue and profit

Telecoms & Technology

Icasa ignored pleas to hold off on spectrum auction, minister Siyabonga Cwele tells MPs

Siyabonga Cwele. Picture: FINANCIAL MAIL
11 minute(s) ago

The department is seeking a court interdict, but Icasa’s Rubben Mohlaloga says Icasa’s mandate is derived from the Constitution, five acts and government policies

National

Pravin Gordhan fight draws in Eskom

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

The National Treasury takes on SA’s power utility as the ANC deputy secretary Jessie Duarte targets Finance Minister Pravin Gordhan

National

Zuma has ethical duty to do more to resolve Gordhan impasse, say bishops

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

The Southern African Catholic Bishops’ Conference is concerned that the economic fallout over the standoff between Treasury and the Hawks will affect the poor

Energy

Tegeta coal was not up to standard, report finds

Kenneth Brown. Picture: SUNDAY TIMES
5 hour(s) ago

Leaked draft report of the Treasury investigation into the Tegeta coal contracts confirms Gupta mine’s R385-million-a-year contract supplied inferior coal

Education

Panyaza Lesufi suspends Pretoria Girls High code of conduct on hairstyles

Picture: BOIKHUTSO NTSOKO
1 hour(s) ago

The Gauteng education MEC has called an end to the ‘mini-war’ and victimisation of black pupils at the school and across the province

Transport & Tourism

Banks lukewarm as SAA seeks proposals to reorganise debt

Picture: SUNDAY TIMES
5 hour(s) ago

The troubled airline quietly publishes a request for proposals seeking R16bn in long-term funding

President Jacob Zuma and the Minister of Finance, Mr Pravin Gordhan supported by their teams spent four hours on Thursday, discussing the economy and how to take forward the programme of reigniting growth following the recent announcements by credit rating agencies. Picture: ELMOND JIYANE/GCIS

Stalemate over Gordhan suits Zuma’s long-term strategy

The slow ratcheting up of pressure on Gordhan is an attempt to set a ‘zugzwang’ trap, writes Ivor Sarakinsky

Columnists

Great players often become great players because they make their own rules rather than try to perfect the rules and techniques passed on to them, ...

Players of genius such as AB slice through tired adages to define own rules

Columnists

But the end of the long-running David and Goliath battle suggests the steel giant and the state may have found a way to forge a symbiotic future, ...

ArcelorMittal settlement is new and tricky territory for competition authorities

Transport & Tourism

Prasa circumvented its chief financial officer

Picture: GIBELA
5 hour(s) ago

Acting Prasa CEO exposes the scale of the rot under former CEO Lucky Montana

Politics

Why did electorate reject the ANC? Alliance partner SACP counts the reasons

Deputy general secretary Solly Mapaila, left, and general secretary Blade Nzimande at the SACP special congress in Soweto on Tuesday. Picture: PUXLEY MAKGATHO
14 hour(s) ago

SACP says it was a big mistake to make discredited and unpopular Zuma the face of the campaign

Industrials

Cashbuild’s total dividend almost doubles

A Cashbuild outlet in Rustenburg, North West. Picture: MARTIN RHODES
1 hour(s) ago

Building material retailer says there would have been a bigger increase in profit it is had not repurchased shares from its empowerment trust

Politics

Calls for early ANC elective conference divide the party

Picture: DAILY DISPATCH
5 hour(s) ago

ANC branches under pressure to resist a move for the beleaguered party to call an early elective conference

National

Herman Mashaba faces Samwu standoff

CLEAN SWEEP: Municipal waste utility Pikitup will be broken up into seven parts and sold off to private businesses if new Johannesburg mayor Herman Mashaba gets his way. Picture: RUSSELL ROBERTS
5 hour(s) ago

New Johannesburg mayor Herman Mashaba squares off against Samwu with plan to break up waste utility company Pikitup

Finance Minister Pravin Gordha. Picture: BUSINESS DAY

EDITORIAL: A necessary conference

An early elective conference should be implemented at once — SA needs to know who the ANC actually is

Markets

Blunder fatigue blunts effect of Gordhan news

Pravin Gordhan. Picture: FREDDY MAVUNDA
5 hour(s) ago

Rand, bonds, and JSE sectors weaken, but markets avoid replay of Nenegate, writes Maarten Mittner

Health

Fatal flaw in sugar industry argument, new analysis shows

THEY GOT IT WRONG:  Neva Makgetla argues that the beverage industry’s claims that a tax on sugary drinks will destroy tens of thousands of jobs is unfounded. Picture: FINANCIAL MAIL
5 hour(s) ago

Analyst Neva Makgetla says the beverage industry’s claims that tens of thousand of jobs are threatened by the proposed sugar tax are groundless

Asia-Pacific

Flights cancelled as Typhoon Lionrock approaches Japan

46 minute(s) ago

Thousands of people have been evacuated, and Toyota is suspending production at two factories in the storm’s path

Asia-Pacific

Takata denies Texan truck fireball had anything to do with airbag defect

A technician holds a recalled Takata air bag inflator. Picture: REUTERS
1 hour(s) ago

A truck carrying airbag parts exploded ‘like a big bomb’, police say, leaving a crater in the road and killing a woman in a nearby house

Americas

Poor drainage and design blamed for Samarco dam collapse

The mudslide disaster at the Samarco iron-ore mine in Brazil early last month killed at least 11 people and left another 12 missing. Millions of tonnes of ore waste in man-made dams need to be treated. Picture: REUTERS/RICARDO MORAES
1 hour(s) ago

Report commissioned by the companies responsible for the spill says the dam burst was the result of a chain of events, but does not highlight specific errors

Economy

SA still ‘attractive to investors’, says Bundesbank

Picture: SUPPLIED
17 hour(s) ago

Deutsche Bundesbank executives say even if SA were downgraded it would still attract investors as is the case in Brazil which is now considered sub-investment grade

Politics

Marius Fransman must go, ANC Western Cape demands

Marius Fransman. Picture: THE TIMES
13 hour(s) ago

The ANC provincial executive committee wants contentious chairman Marius Fransman placed on suspension and disciplinary processes against him expedited

Companies

Net1 CEO ‘not remotely concerned’ about court case over deductions

Serge Belamant. Picture: SUPPLIED
1 hour(s) ago

The case will take so long that profits will not suffer, and even a ruling against Net1 UEPS could benefit the company’s EasyPay system, Serge Belamant says

Financial Services

Mixed reaction to forced rotation of audit firms

Independent Regulatory Board for Auditors CEO Bernard Agulhas. Picture: JEREMY GLYN
21 hour(s) ago

The industry regulator plans to force companies to hire new audit firms on a regular basis to enhance independence and promote transformation

Energy

Electricity price alert over Eskom overruns

Electricity pylons at an Eskom coal-burning power station near Sasolburg. Picture: REUTERS/SIPHIWE SIBEKO
5 hour(s) ago

Massive cost overruns on Eskom’s new power stations mean huge and unaffordable increases in future electricity tariffs, says Cape Chamber of Commerce

National

Minister sidesteps question on arrest of Sudanese Christians

Maite Nkoana-Mashabane. Picture: TREVOR SAMSON
20 hour(s) ago

Maite Nkoana-Mashabane’s refusal to address the matter echoes SA’s failure to arrest President Omar al-Bashir

Industrials

Steel industry body seeks relief from harmful tariffs

Picture: EVRAZ HIGHVELD STEEL & VANADIUM
5 hour(s) ago

The National Employers’ Association of SA objects to the tariffs and the new pricing model

Labour

Union accuses Telkom of withholding striking workers’ salaries

Telkom. Picture: SUNDAY TIMES
17 hour(s) ago

Communications Workers Union says Telkom has delayed salaries to workers staging a legal strike

Industrials

Growth in vehicle sales drives Super results

Peter Mountford. Picture: FINANCIAL MAIL
5 hour(s) ago

Super Group bucks vehicle sales trend with a 6.8% jump at its dealerships

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Cartoons

Rudy and Marietjie Visser have re-energised the Cape Floral Kingdom Expo in Bredasdorp to showcase the beauty and diversity of the province’s fynbos and to promote conservation efforts. Picture: LESLEY STONES

Keeping the fynbos heritage alive

Conservation-focused fynbos show reawakens to promote the beauty and diversity of SA’s heritage, writes Lesley Stones

Opinion

Green warrior gets smarter and more practical

Toyota is staying well ahead of the game while competition rises

I AM BACK:  Vernon Philander celebrates the dismissal of New Zealand’s Mitchell Santner at SuperSport Park on Monday. Picture: GALLO IMAGES/LEE WARREN

Victory in sight as Proteas fight back

The Proteas complement their batting performance with some sharp bowling that leaves the visitors 267 runs behind

Other Sport

Quintana storms to win after stunning ascent

CONFIDENT: Nairo Quintana wins the 10th stage of the Tour of Spain on Monday. Picture: EPA/JAVIER LIZON
5 hour(s) ago

Colombian cycling star Nairo Quintana snatches back the leader’s red jersey in the Tour of Spain

Soccer

Mosimane request for rest raises Mashaba ire

Soccer ball. Picture: THINKSTOCK
5 hour(s) ago

The Bafana coach has already called up five Sundowns players, including Keegan Dolly and Thapelo Morena, for national duty against Mauritania and Egypt

Rugby

Bok shockers to haunt fans, players and coaches

NO PLACE TO HIDE: Bismarck du Plessis is swamped by Japanese players during the Boks’ shock defeat at the 2015 Rugby World Cup. Picture: GALLO IMAGES/STEVE HAAG
5 hour(s) ago

The shock loss to Pumas prompts distraught rugby fans to compare it with some of the worst Springbok performances since readmission

Soccer

MTN8 reunions for coaches

Soccer ball. Picture: THINKSTOCK
5 hour(s) ago

Dan "Dance" Malesela‚ former head of the Sundowns academy‚ returns to take on the club he also captained as a player with his Chippa team

Standard Bank

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The Third Umpire

Geffen International Realty Franchises CEO Jason Rohde, who has been arrested in connection with the death of his wife Susan, whose body was found in the bathroom of the winelands hotel the couple were staying in.

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Former intelligence minister Ronnie Kasrils, who has donated the damages he won in a defamation case against Kebby Maphatsoe to the woman President Jacob Zuma was acquitted of raping.

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The long-suffering rand, whose rally in the wake of the recent elections was rudely interrupted by news that the Hawks are back to hounding Finance Minister Pravin Gordhan. A wounded Number 1 is a dangerous beast.

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Calendar

DRD Gold DRD Gold finals
RCL Foods RCL Foods finals
Astrapak Astrapak interims
Cashbuild Cashbuild finals

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