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Retail & Consumer

Platinum Group not in liquidation, says CE

Marcel Joubert. Picture: SUNDAY TIMES
1 hour(s) ago

Owner of well known South African brands such as Aca Joe and Hilton Weiner looking to recapitalise struggling businesses to the tune of between R20m and R50m

Economy

SA backs trade pact to clear bottlenecks

Picture: THINKSTOCK
1 hour(s) ago

World Trade Organisation accord to give renewed impetus to trade-enabling initiatives and provide an agreed framework

Trade & Industry

Motor sector urged to increase local content

The state is on a drive to place greater emphasis on supplier development in the motor vehicle industry. File picture: FINANCIAL MAIL
1 hour(s) ago

The sector will survive but should aim at turning into a ‘true manufacturing industry not one that simply assembled parts’

Transport & Tourism

Auditor-general asked to probe Prasa tender claims

Minister of Transport Dipuo Peters. Picture: TREVOR SAMSON
14 hour(s) ago

Transport ministry commissions auditor-general’s office to look into alleged violations of Public Finance Management Act and other related statutes regarding contracts

National

Gordhan to call for probe into Ekurhuleni tenders

Co-operative Governance and Traditional Affairs Minister Pravin Gordhan. Picture: TREVOR SAMSON
1 hour(s) ago

Road and transport tenders worth more than R100m are said to have been awarded irregularly in the metro

Economy

ECONOMIC WEEK AHEAD: Improved trade balance set to bolster the rand

Picture: FINANCIAL MAIL
1 hour(s) ago

The decrease in the petrol price is more a function of lower oil prices than the rand, writes Ntsakisi Maswanganyi

Labour

Amcu rejects wage hike from gold producers

Workers aligned to the Association of Mineworkers and Construction Union march to Wonderkop Stadium to demand rival NUM vacate the office at Lonmin mine in Rustenburg in 2013. Picture: SOWETAN
15 hour(s) ago

Members of Association of Mineworkers and Construction Union rejects wage offer from gold producers of increases of up to 17%, says spokesman

Americas

Obama climate rules to face opposition

US President Barack Obama.  Picture: REUTERS
2 hour(s) ago

Opponents say President Barack Obama's proposals are flatly illegal under the US’s Clean Air Act and the constitution

Mansa Musa. Picture: WIKIPEDIA

Labour laws feed poverty while elite get fat on dogma

The rich elite have no sympathy for the unemployed and promote policies that will make their lot worse, writes Andrew Kenny

Columnists

Mark Barnes promo

If the government insists on creating jobs where none are required, it should be prepared to face the inevitable job cuts, writes Mark Barnes

STRAIGHT TALK: Beyond lose-lose
wage talks

Columnists

Dianna Games promo

Dianna Games: Nigeria’s best chance of building a consumer class is by enabling growth of sustainable manufacturing companies

Toothpicks symbolic of Nigeria’s industrial policy weakness

Politics

POLITICAL WEEK AHEAD: Malema and Maimane set to gun for Zuma

President Jacob Zuma attends a working session at the 7th Brics summit in Ufa on Thursday. Picture:  AFP PHOTO/IVAN SEKRETAREV
1 hour(s) ago

President returns to Parliament as new parliamentary rules allowing disobedient MPs to be removed come into force, writes Wyndham Hartley

Industrials

ArcelorMittal set for cash injection

Paul O'Flaherty. Picture: MARTIN RHODES
1 hour(s) ago

Plan for possible R4.5bn investment over five years to create 700 jobs depends on government protection against China imports

Financial Services

African Bank fills final post of top team

Tom Winterboer.  Picture: RUSSELL ROBERTS
1 hour(s) ago

Absa Bank veteran Gustav Raubenheimer appointed to resurrected African Bank’s executive committee as its finance chief

Financial Services

Call for retirement savings to boost SA

Picture: THINKSTOCK
1 hour(s) ago

Institutional investors should allocate more of workers’ R4-trillion in retirement savings towards development initiatives to boost economy growth and create jobs

Retail & Consumer

Demand hits sweet spot for Cadbury

Picture: THINKSTOCK
1 hour(s) ago

Brand’s owner, Mondelez International, plans to lift output at Port Elizabeth factory as chocolate purchases increase, writes Zeenat Moorad

Picture: THINKSTOCK

Renewable energy would be cheaper for SA than nuclear power, study finds

Substantial increase in renewable energy by 2030 would result in far cheaper electricity than if SA persists in bid to build 9,600MW of nuclear power, study finds

Asia-Pacific

Latest debris found on Reunion shore not an aircraft’s

Malaysia Airlines planes sit on the tarmac at Kuala Lumpur International Airport. Picture: REUTERS
2 hour(s) ago

Malaysia urges authorities in the Indian Ocean region to be on the lookout for MH370 wreckage to help solve one of aviation’s greatest mysteries

Law & Constitution

Treasury cracks down on estate duty

Picture: THINKSTOCK
2 hour(s) ago

Estate and financial planners sound alarm over the proposed closure of a loophole allowing people to avoid estate duty through retirement contributions, writes Amanda Visser

Europe

Recovering European industry adds some shine to struggling steel giant ArcelorMittal

A stainless steel product line is seen at a factory of Baosteel Group Corp., China's biggest steel maker, in Shanghai in this July 6 2010 file photo.  Picture: REUTERS
2 hour(s) ago

Luxembourg-based parent’s full-year earnings forecast saved by demand from Europe

Rugby

Rio cutting it fine in building of Games rugby venue

Picture: THINKSTOCK
3 hour(s) ago

Countries with limited success in the 15-a-side game are suddenly taking the seven-a-side version more seriously

Economy

PMI data likely to reflect suppressed consumption demand

Stolen car. Picture: SUNDAY TIMES
17 hour(s) ago

Domestic manufacturing PMI and car sales performance data scheduled for release this week likely to reflect suppressed consumption demand‚ says economist

Asia-Pacific

Malaysia says Indian Ocean airplane debris is part of a Boeing 777

Crew aboard the Australian Navy ship HMAS Perth watch as they are refuelled by the HMAS Success as they continue to search for missing Malaysian Airlines flight MH370 in this picture released by the Australian Defence Force on Thursday. Picture: REUTERS
19 hour(s) ago

Malaysia says airplane debris that washed up on Indian Ocean island of Reunion has been identified as the same model as a Malaysian Airlines plane which vanished last year

Europe

New rules for domestic investors in the Greek stock market

People line up to request loans settlements or proceed with bank transactions, in Athens, Greece, in July. Picture: EPA/ORESTIS PANAGIOTOU
16 hour(s) ago

Greek stock market will reopen on Monday after a five-week shutdown brought on by capital controls at height of cash-for-reforms crisis

Cricket

Bangladesh-SA Test headed for draw after washout

Beaming captain Hashim Amla and squad congratulates Dale Steyn (pink strapping), on his 400th Test wicket. Picture:MUNIR UZ ZAMAN/GALLO IMAGES
19 hour(s) ago

Teams frustrated as rain prevents any play for the third successive day, leaving the second and final Test headed for a draw with just one day remaining

Asia-Pacific

China tightens controls on export of drones, supercomputers

Picture: REUTERS/CHAD SLATTERY
17 hour(s) ago

China tightening controls on exports of some drones and powerful computers and will require firms to register to ensure they don’t ‘compromise national security’

Education

Possible renaming of Rhodes University to be considered

Picture: THE TIMES
2 day(s) ago

Rhodes University vice-chancellor Sizwe Mabizela says momentum to transform institution, including possible renaming, gathering pace and moving with urgency

Trade & Industry

SA-Nigeria motor industry plan is a win-win, says Erwin

Picture: REUTERS
2 hour(s) ago

Sectors in SA and Nigeria to ‘complement each other’, says former cabinet minister Alec Erwin

National

Cosatu prods ANC on jobs summit

Sdumo Dlamini. Picture: GALLO IMAGES
2 hour(s) ago

The country’s biggest trade union federations have warned against a looming jobs cull in major sectors, including the mining industry

Other Sport

Athletics roiled by mass doping allegations after blood test leak

Picture: THINKSTOCK
12 hour(s) ago

Endurance runners suspected of doping have been winning a third of Olympic and world championship medals, says news agencies

Media & Advertising

SA printing industry still looks good on paper

Picture: THINKSTOCK
2 hour(s) ago

In the age of endless options, readers still find themselves drawn to printed material, writes Thabiso Mochiko

Management

SA spearheads drive to nurture African management talent

SA can be a powerhouse for teaching about working in emerging markets, UCT Graduate School of Business dean Walter Baets says. Picture: HETTY ZANTMAN
2 hour(s) ago

Business schools have a crucial role in developing the skills needed for Africa's economic growth, writes David Furlonger

National

Expropriation Bill amended to avoid robbing owners of true property value

Picture: THINKSTOCK
1 day(s) ago

Significant improvements introduced to the Expropriation Bill, but draft law needs to be more explicit about the evaluation of properties, says Agri SA

Americas

New York residents anxious after deaths from Legionnaires’ disease

Health workers don protective equipment at the Island Clinic in Monrovia. Picture: REUTERS
17 hour(s) ago

The largest outbreak of Legionnaires’ disease in New York City in at least three years claims fourth victim, say health officials

Education

Bleak outlook by auditor-general for new schools

Seven-year-old Barack Obama Okoth, named after the US president, sits in an empty classroom at the Senator Obama primary school in Nyangoma village in Kogelo, west of Nairobi, last month. Picture: REUTERS/THOMAS MUKOYA
1 day(s) ago

The auditor-general paints grim picture of infrastructure development and procurement for schools around the country

Energy

Petrol price to drop by 51c per litre on Wednesday

Picture: THINKSTOCK
2 day(s) ago

Petrol prices in Gauteng will decrease by 51c per litre for 93 octane and 95 octane from August 5, Department of Energy announces

Telecoms & Technology

Telkom cuts jobs in push to reduce staff costs

Picture: CHARLES GALLO/GALLO IMAGES
2 day(s) ago

Landline operator says it has agreed to 2,393 voluntary severance packages as it seeks to better compete with mobile-phone companies

View more

Cartoons

Barack Obama. Picture: REUTERS/JONATHAN ERNST

Africa needs speed to leap from stalls to viable stores

Access to finance will help small firms cross over to the formal sector, writes Antonio Fierro

Health

Ubuntu’s lessons in teaching our children well

Jacob Lief at work in one of Ubuntu’s classrooms where vulnerable children learn long-term skills that will help them become productive, healthy and stable citizens. Pictures: SUPPLIED
2 hour(s) ago

The Ubuntu Education Fund's individualised, long-term approach to helping vulnerable children has delivered philanthropist Jacob Lief some tough lessons and great rewards, writes Sue Blaine

Books

DIY, quite a turn-up for the books

Harper Lee’s second novel took 50 years to be published. Self-publishing offers a faster route to market than traditional publishing houses, which have suffered staff cuts. Picture: REUTERS/LUCAS JACKSON
3 day(s) ago

Self-publishers have spotted a gap in an industry in flux, writes Tom Nevin

Itumeleng Khune. Picture: GALLO IMAGES/LEFTY SHIVAMBU

Khune is down the goalie pecking order

Former Chiefs keeper Itumeleng Khune on the sidelines as Reyaad Pieterse impresses coach

Other Sport

South Sudan tearfully becomes 206th Olympic member

The Olympic rings at the 2014 Sochi Winter Olympic Games in Rosa Khutor. Picture: REUTERS
13 hour(s) ago

South Sudan becomes Olympic movement’s 206th member amid emotional scenes as the war-stricken nation crosses final hurdle to competing at next year’s Rio Olympics

Cricket

Testing times for water-logged Proteas

Bangladeshi ground staff cover the field as rain falls during the fourth day of the second Test between Bangladesh and SA at the Sher-e-Bangla National Cricket Stadium in Dhaka yesterday. Only 81.1 overs — out of 360 — have been bowled so far. Picture: AFP PHOTO/MUNIR UZ ZAMAN
3 hour(s) ago

Dane Vilas laments frustrating conditions of his debut Test as Cyclone Komen batters Bangladesh

Soccer

Tough choices for Tinkler as Pirates’ injuries mount

Picture: THINKSTOCK
3 hour(s) ago

Pirates coach Eric Tinkler has to decide between Edwin Gyimah and recently signed forward Tendai Ndoro to sign on for the Caf Confederation Cup

Other Sport

After six second places, Delpech lands Gold Cup

Picture: THINKSTOCK
3 hour(s) ago

Jockey Anthony Delpech wins eLan Gold Cup after partnering the favourite, Wild One

Standard Bank

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Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
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The Third Umpire

Public Works Minister Thulas Nxesi, who has outdone himself in avoiding political accountability for the Nkandla scandal by blaming “neoliberal” outsourcing to private companies and “downsizing of the public service”.

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Parliamentary standing committee on appropriations chairman Paul Mashatile, for demanding the Treasury put as much pressure on government departments to pay their municipal bills as on councils to pay Eskom.

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Communications Minister Faith Muthambi, whose insistence that she was entitled to remove SABC board members has been discredited by the disclosure that her legal adviser was struck off the roll in 2007.

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