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Smoke rises from a burning vehicle as South Africans stand in the morning light after they attacked and burned vehicles and buildings in the area following another night of xenophobic related violence in downtown, Johannesburg.  Five people have been killed nationally during recent xenophobia attacks that started in the port city of Durban. Picture:  EPA/KIM LUDBROOK

Business cannot operate ‘in environment of violence’, says Chamber of Mines

14 hour(s) ago

Chamber of Mines CE Bheki Sibiya says attacks on foreign nationals are harming interests of business, also having negative effect on job creation

National

EFF man shot ahead of Malema’s address in Alexandria

Economic Freedom Fighters leader Julius Malema, centre, address people in Alexandra township on xenophobia on Monday. Picture: PUXLEY MAKGATHO
6 hour(s) ago

A man in EFF regalia, part of a group waiting for the arrival of Mr Malema, shot in the leg and rushed to hospital

Economy

Mminele says firmer US dollar will pose challenges for SA

Daniel Mminele, deputy governor of the Reserve Bank. Picture: FINANCIAL MAIL
10 hour(s) ago

Strengthening US economy and expected rate hikes and geopolitical risks suggest the dollar could appreciate further, says Reserve Bank deputy governor Daniel Mminele

Companies

Kenmare sends South African workers home

Picture: THINKSTOCK
14 hour(s) ago

Irish mining company repatriates 62 South Africans working at titanium mine in Mozambique for their safety after xenophobic attacks in SA

Labour

Amcu claims it is being ‘reined in’

Association of Mineworkers and Construction Union president Joseph Mathunjwa. Picture: ROBERT TSHABALALA
14 hour(s) ago

Association of Mineworkers and Construction Union says it is aware of ‘concerted effort" to try to control union ahead of negotiations in gold sector later in 2015

National

Somalis leaving South Africa for greener pastures

Somali trader. Picture: ALON SKUY/THE TIMES
17 hour(s) ago

United Nations High Commissioner for Refugees in SA says Somalis make up bulk of people resettled last year, followed by people from Democratic Republic of Congo

Europe

Aston Martin turns to China to soup
up supercars

Picture: SUNDAY TIMES
17 hour(s) ago

Aston Martin will tie up with Chinese company Letv as part of British car maker’s push to incorporate high-end Chinese technology into vehicles

Markets

Rand slips in line with emerging-market peers on Greek debt concerns

Rands. Picture: THINKSTOCK
12 hour(s) ago

Local currency is under pressure in late trade on Monday as worries over Greek debt crisis scale down investor appetite for emerging-market currencies

 Judge Ian Farlam chaired the commission of inquiry into the deaths of 34 striking mine workers at Marikana. The commission targeted the workers themselves and failed to fully interrogate the role of Lonmin. Will the commission, like its predecessors, be remembered as an expensive and largely cynical exercise in burying the truth and protecting the powerful? Picture: SOWETAN

Places to cool hot potatoes

Commissions are state vehicles for doing nothing, writes Dale T McKinley

Columnists

The rash naming of places could have serious economic costs in the future if we are not careful, writes Phakamisa Ndzamela

A host of hidden dangers to naming and renaming

Columnists

Planning for a bad scenario is best done in the good times , writes Michel Pireu

Plan for failure in good times

National

Imbizo crowd told to behave

Traditional leaders and Zulu warriors attend an imbizo called by King Goodwill Zwelithini on Monday.  Picture:  NCE MKHIZE
14 hour(s) ago

Crowd of 4,000 people from around KwaZulu-Natal jeer at Zimbabwean, Nigerian ambassadors to SA during King Goodwill Zwelithini’s imbizo against xenophobia

Economy

Infrastructure spending in developing countries needs to double, study shows

Picture: THINKSTOCK
14 hour(s) ago

White paper cites deficits in all major African infrastructure and says these networks are ‘an absolute requirement for developing countries’ future competitiveness’

Business

Small businesses need to prepare for tough times ahead, warn experts

Picture: THINKSTOCK
9 hour(s) ago

Business leaders say there are strong indications second quarter could be especially challenging for ‘vulnerable’ SMEs as cost of doing business is set to rise

Americas

Morgan Stanley posts highest profit since financial crisis

James Gorman. Picture: SIMON DAWSON/BLOOMBERG
12 hour(s) ago

Wall Street investment bank is focusing less on bond markets and more on managing money for the rich as a way to free up capital and meet stricter regulatory rules imposed since the financial crisis

Picture: THINKSTOCK

Is downsizing to avoid ‘too big to fail’ status best option?

A less regulation-intensive and profit-destroying approach would be to recognise the possibility of failure of even the largest financial institutions, writes Brian Kantor

Business

Office chair is designed to keep to you focused on your work

Picture: THINKSTOCK
17 hour(s) ago

Brody — play on words ‘body’ and ‘brain’ — is pod-like workstation shielded from view by screens on about three sides, intended to calm anxiety in workers

Economy

SA seen tackling problems, says Nene

Nhlanhla Nene. Picture: TREVOR SAMSON
22 hour(s) ago

Finance Minister Nhlanhla Nene in bid to downplay the effect of SA’s power crisis and xenophobic attacks on investor sentiment

Trade & Industry

Car show canned as events queue up

Picture: THINKSTOCK
22 hour(s) ago

Naamsa confirms cancellation of Johannesburg International Motor Show, citing costs as main reason

Financial Services

KTH plans on a R1bn acquisition in months

Picture: THINKSTOCK
22 hour(s) ago

Company also considering equity capital raising, which may lead into a listing or private placement in the next 18-24 months

Europe

EU looks to Iran to lessen reliance on Russia

A gas flare burns at Russian oil refinery, operated by OAO Lukoil. in Russia. Russia, holds some of the richest shale reserves and seeks to use the same technologies that sparked an industrial boom in the US. Picture: BLOOMBERG
22 hour(s) ago

Lifting of sanctions against Tehran, which Iran desperately needs, a necessary condition for eurozone to develop new infrastructure

Retail & Consumer

Pick n Pay’s recovery plan pays off

Richard Brasher. Picture: BLOOMBERG/SIMON DAWSON
22 hour(s) ago

Figures are unlikely to shoot the lights out … but they should go a long way in convincing the market the retailer’s turnaround has gained at least some momentum

Americas

WhatsApp hits 800-million users

Picture: BLOOMBERG
17 hour(s) ago

WhatsApp now has 800-million monthly active users, continuing pace of growth that may put mobile messaging app on track to hit 1-billion users later this year

African News

UN workers killed in bomb blast in Somalia

Picture: THINKSTOCK
15 hour(s) ago

Police confirm that at least six United Nations workers have died after huge bomb destroyed bus in northeastern town of Garowe

Management

Six ways to avoid burning out at work

Picture: THE NEW YORK TIMES/TONY CENICOLA
16 hour(s) ago

Even if you love your job, you need to take a break to recharge, if you find your work saps your energy, you may need to rethink your career

National

More than 300 people arrested for xenophobic attacks

Smoke rises from a burning vehicle as South Africans stand in the morning light after they attacked and burned vehicles and buildings in the area following another night of xenophobic related violence in downtown, Johannesburg.  Five people have been killed nationally during recent xenophobia attacks that started in the port city of Durban. Picture:  EPA/KIM LUDBROOK
19 hour(s) ago

Arrests include three people who are suspected to have been behind brutal stabbing of Mozambican national Emmanuel Sithole on Saturday

Middle East

Saudi Arabia on alert over possible oil or mall attack

A Yemeni woman looks at her destroyed house in the Yemeni capital on Thursday, after Saudi air strikes against Huthi rebels near Sanaa Airport. Saudi Arabia launched a military operation overnight in Yemen by a regional coalition to defend the government of embattled President Abedrabbo Mansour Hadi as the country teeters on the brink of civil war.  Picture: AFP PHOTO / MOHAMMED HUWAIS
13 hour(s) ago

Saudi Arabia puts security forces on alert for possible militant attack on shopping mall or energy installation, interior ministry spokesman says

Business

CIPC commissioner tenders resignation

19 hour(s) ago

Companies and Intellectual Property Commission commissioner Astrid Ludin says she is resigning, there ‘seems to be concentrated effort’ to remove her

View more

Cartoons

The statue of Mahatma Gandhi in Gandhi Square in Johannesburg has been vandalised. Pictures: REUTERS

Many of SA’s idols have clay feet

Gandhi was no saint, and Dube was a fan of the Empire, writes Ashwin Desai

Americas

Seized art works go on show in Brazil

Demonstrators protest against Brazil’s president Dilma Rousseff over the Carwash art scandal. Picture: REUTERS
21 hour(s) ago

Ill-gotten gains of the underworld of corruption go on show in Brazil, but not everyone’s impressed, writes Juan Pablo Spinetto

Americas

Overcoming social hurdles at elite US colleges

The culture shock of a wealthy school such as Harvard can be alienating for students from poorer backgrounds. Picture: BLOOMBERG
22 hour(s) ago

First-generation students cut across racial and ethnic lines. Not all are poor, but many are, including most of those at elite colleges, writes Laura Pappano

Opinion & Analysis

Banning selfies in museums ... good or selfish?

Some museums and galleries have banned the taking of selfies, while others have embraced the phenomenon, seeing it as a means of appealing to wider audiences. Picture: REUTERS
22 hour(s) ago

Debates around the ban on selfie sticks suggest that the selfie itself has prompted the latest manifestation of the museum’s age-old ‘us and them’ divide: fun vs education, writes Hannah Williams

Americas

Blackwater’s legacy beyond public view

Blackwater founder Erik Prince emerged relatively unscathed from the Nisoor Square shootings but was embittered by the publicity. Picture: BLOOMBERG
21 hour(s) ago

In Africa and the Middle East, most governments do not publicise the companies they hire in conflict zones, and private businesses are similarly tight-lipped, write James Risen and Matthew Rosenberg

Europe

Russia hopes African projects will pave way for arms sales

A Rostec grenade launcher at Pretoria’s Africa defence show last year. The conglomerate wants more business on the continent. Picture: BLOOMBERG
21 hour(s) ago

Sanctions drive Russian firms to hunt for new markets, as Rostec says its Uganda refinery and a project in Zimbabwe are on track, write Gleb Stolyarov and Ed Stoddard

Picture: THINKSTOCK

SA’s Super Rugby coaches need more imagination

The X-factor footballers are discouraged because of coaching limitations, writes Mark Keohane

Soccer

Villa end Liverpool legend Gerrard’s FA Cup dreams

Liverpool captain Steven Gerrard looks dejected as Aston Villa reached the FA Cup final with a 2-1 victory  on Sunday. Picture: REUTERS
22 hour(s) ago

Tim Sherwood’s boys, who won 2-1, will take on Arsenal in final next month

Other Sport

Djokovic sets another Masters title record

AWESOME: Novak Djokovic reacts after defeating Tomas Berdych in Monaco on Sunday. Picture: AFP PHOTO
21 hour(s) ago

Novak Djokovic continues awe-inspiring run of form to claim Monte Carlo Masters title beating Czech sixth seed Tomas Berdych

Rugby

There is still hope, says Gold after Sharks defeat

Sharks flanker Marcell Coetzee during the match against the Bulls in Durban on Saturday. Picture: STEVE HAAG/GALLO IMAGES
21 hour(s) ago

Loss against the Bulls hands the Sharks their sixth loss from 10 matches, and takes play-off hopes out of their hands

Soccer

Tevez chicken dance fuels rumours of move to Boca

Picture: THINKSTOCK
21 hour(s) ago

Carlos Tevez leaves doubts hanging over his future at Juventus despite coach’s belief Argentinian star will honour his contract with Turin giants

Other Sport

Bahrain Grand Prix victory puts Hamilton well ahead

Lewis Hamilton. Picture: REUTERS/STEFANO RELLANDINI
21 hour(s) ago

Hamilton led from lights to flag to claim the 36th win of his career and his third this year

Rugby

Cheetah’s flaws on display in loss to Reds

Willie Britz of the Cheetahs is tackled during the Super Rugby match against the Reds at Free State Stadium in Bloemfontein, on Saturday. Picture: CHARLE LOMBARD/GALLO IMAGES
21 hour(s) ago

Squad is severely reduced after Heinrich Brüssow leaves with a broken arm, followed off by fullback Coenie van Wyk with a fractured ankle

Opinion

SA’s Super Rugby coaches need more imagination

Picture: THINKSTOCK

The X-factor footballers are discouraged because of coaching limitations

JSE Sens

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The Third Umpire

Former Liberty CEO Bruce Hemphill, this week’s surprise appointment as successor to Old Mutual CEO Julian Roberts. It appears his bancassurance experience tipped the scales his way as the group focuses on synergies.

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Finance Minister Nhlanhla Nene, who has missed his own deadline for the appointment of a new SAA board. An indication that it is becoming difficult to persuade suitable candidates to apply, or just a lack of urgency?

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National police commissioner Riah Phiyega, who has been censured by Parliament’s police committee for allowing the post of SAPS chief financial officer to remain vacant for longer than a year. It’s not important, apparently.

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