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National

NEWS ANALYSIS: Mission is to create narrative justifying Pravin Gordhan’s removal

Pravin Gordhan. Picture:  GCIS
2 hour(s) ago

The finance minister may be fired by Friday, write Carol Paton and Natasha Marrian

Markets

Another drama-filled day for JSE on Thursday

Picture: REUTERS
39 minute(s) ago

Relative calm appeared to have returned on Thursday morning following the rand’s 6% crash from R13.44/$ on Monday to as low as R14.28 on Wednesday

Energy

Guptas’ Tegeta threatens Treasury

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

The Gupta company has threatened to interdict the Treasury to keep a possibly damning report on Eskom coal contracts out of the public domain

National

WATCH IN FULL: Pravin Gordhan vs Justice Malala in tough debate

Finance Minister Pravin Gordhan gestures during a media briefing in Sandton in March. Picture: REUTERS
18 hour(s) ago

Watch the full recording of a heavyweight debate between Finance Minister Pravin Gordhan and political commentator Justice Malala

Business

Business rallies around Gordhan in Hawks standoff

Minister of Finance Pravin Gordhan. Picture: THULI DLAMINI
11 hour(s) ago

Business Leadership SA says ‘if this sinister behaviour is allowed to continue the consequences will be devastating for our economy’

National

EEF calls on Pravin Gordhan to present himself to Hawks

Mbuyiseni Ndlozi. Picture: Picture: SUNDAY TIMES
9 hour(s) ago

National spokesman Mbuyiseni Ndlozi says ‘if he be innocent, which we believe he is, there is nothing the Hawks can do’

Law & Constitution

Resources bill is ‘sound on the substantive issues’

Picture: SUNDAY TIMES
2 hour(s) ago

The mineral resources committee reaffirms the disputed bill — including international trade pacts and the inclusion of the mining charter

Transport & Tourism

Transport Minister faces opposition on Prasa probe

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

Dipuo Peters’s directive to halt a forensic probe at Prasa faces objections from the public protector and the agency’s own board

National

Two former SARS officials Ivan Pillay and Johann van Loggerenberg will meet Hawks

Ivan Pillay. Picture: GCIS
11 hour(s) ago

The pair will be accompanied by Advocate George Bizos and retired Constitutional Court judge Johan Kriegler

Pravin Gordhan. Picture: ALON SKUY/THE TIMES

EDITORIAL: Stand up — or stand down

We must all resist the groundless pursuit of Finance Minister Pravin Gordhan and the transparent attempt to force him out of office

Columnists

The popular call is for an early conference, but ANC secretary-general Gwede Mantashe’s instinct is to avoid a ‘blood on the floor’ fight, writes ...

ANC weighs risk of calling early elective conference

Columnists

Stories of Victorian thrift and perseverance bootstrapping people out of poverty are an antidote to modern day whiny victimhood, writes Robert Laing

Businessmen go down in history as society’s doers

Economy

Lesetja Kganyago points to jobs-wages conundrum

Reserve Bank governor Lesetja Kganyago. Picture: FREDDY MAVUNDA
2 hour(s) ago

The Reserve Bank governor says SA’s central bargaining system maintains lower levels of employment and keeps small business out

National

Academics urge Zuma to intervene in Gordhan matter

Jacob Zuma. Picture: GCIS
10 hour(s) ago

Academics pen an open letter on what they call a ‘dangerous set of events’

National

Trevor Manuel warns: Arrest of Gordhan will ‘destroy this economy’

National Planning Minister Trevor Manuel speaking at a workshop organised by the Southern African Catholic Bishops' Conference on Monday. Picture: TREVOR SAMSON
13 hour(s) ago

Former says it is ridiculous that an 'acting' head of the Hawks is persecuting him on baseless charges

National

Busisiwe Mkhwebane given public protector nod

Busisiwe Mkhwebane. Picture: SUPPLIED
2 hour(s) ago

The former senior investigator at the public protector’s office impresses with her academic qualifications and track record in government

Industrials

Plastics division lifts Transpaco bottom line to outperform peers

Picture: THINKSTOCK
2 hour(s) ago

The packaging group reports 38% increase in its bottom line and promises more acquisitions

Mining

Glencore coal production plunge

Picture: REUTERS
2 hour(s) ago

The decline in Glencore’s coal output adds to concerns over lack of investment or expansions amid price woes

AS IT HAPPENED: Pravin Gordhan debates Justice Malala

Finance Minister Pravin Gordhan debated political commentator Justice Malala on the economy in Cape Town. Ray Hartley live-blogged the action.

Industrials

Bidcorp bullish about UK despite Brexit

Bidcorp CEO Bernard Berson blows the traditional horn after his company   listed on the JSE on Monday.   Picture: RICHARD STREVER/  ZOOM PHOTOGRAPHY
2 hour(s) ago

Although the pound has weakened and inflation expectations are higher, consumer confidence remains strong

Retail & Consumer

TFG on track over growth goals

A Foschini  store. Picture: SUNDAY TIMES
2 hour(s) ago

Austerity will be a key focus as medium-and long-term growth targets remain in reach

Industrials

ARB chief upbeat on revenue and profit

Picture: ISTOCK
2 hour(s) ago

The group reports impressive growth but a continued lack of Eskom and general infrastructure spend squeezes margins

Mining

Jubilee spoilt for choice over concentrator

Picture: SUPPLIED
2 hour(s) ago

The platinum producer has the pick of three third-party plants on offer or to build its own concentrator

Europe

Pfizer snaps up AstraZeneca unit

The Pfizer logo at their world headquarters in New York, the US. Picture: REUTERS/ANDREW KELLY
2 hour(s) ago

Pharma giant Pfizer settles for a $725m piece of a company it once tried to acquire

Asia-Pacific

Qantas CEO’s rebound plan pays off with early dividend

Picture: THINKSTOCK
2 hour(s) ago

Australia’s biggest carrier will pay a final dividend of 7 Australian cents a share and buy back as much as $279m of stock

African Business

Atlas Mara to cut jobs and costs

Picture: ISTOCK
2 hour(s) ago

The pan-African financial institution is struggling to get investors’ confidence as regional growth slows to a 15-year low

Economy

No doubt that economy will grow close to 0% in 2016, Gordhan concedes

Picture: ISTOCK
10 hour(s) ago

But Gordhan insists that there is hope and that boom and busts are part of the economic era

Health

Gems members to feel the pain as fund clamps down

Picture: SUNDAY TIMES
< 1 minute ago

Government Employees Medical Scheme is scrambling to deal with unexpected spike in hospital claims, which has put pressure on its solvency claims

Industrials

Murray & Roberts to sell infrastructure and building businesses

Henry Laas. Picture: ARNOLD PRONTO
13 hour(s) ago

M&R’s long-term strategy is to focus on the global natural resources markets, CEO Henry Laas says

Energy

Eskom denies it made false claims in court battle over R5bn tender

Koeberg nuclear power station. Picture: SUNDAY TIMES
2 hour(s) ago

New documents do not support nuclear vendor Westinghouse’s ‘unfounded and self-serving claims’ it was deceptive about plans to replace steam generators at Koeberg, says Eskom

Industrials

PPC prices R4bn rights issue at R4 a share

Picture: THINKSTOCK
13 hour(s) ago

PPC plans to raise the money to reduce debt levels and fund existing expansion capital expenditure and investment projects

Retail & Consumer

Lewis court case depicts frequent bad debt frenzy

Lewis. Picture: FINANCIAL MAIL
2 hour(s) ago

Shareholder Dave Woollam alleges widespread manipulation included understating the company’s impairment provision by R822m in financial 2016

Financial Services

Alexander Forbes gets new CEO

Andrew Darfoor. Picture: SUPPLIED
2 hour(s) ago

The financial services provider appoints veteran Andrew Darfoor as its CEO after a six-month search

Telecoms & Technology

Blue Label sees no obstacles to acquiring Cell C stake

Blue Label Telecoms joint CEO Brett Levy. Picture: BUSINESS DAY
2 hour(s) ago

The acquisition is part of the process of recapitalising SA’s third mobile network operator

Property

Globe Trade income grows as portfolio expands

Picture: THINKSTOCK
2 hour(s) ago

GTC says its plans are on track and it intends to pay its first dividend to South African investors in 2018

Property

Vincent Joyner injects new life in Hospitality

Vincent Joyner. Picture: FINANCIAL MAIL
2 hour(s) ago

The company is now an attractive investment for exposure to SA’s hospitality industry, says CEO

Telecoms & Technology

Icasa makes rules on the run, says Telkom CEO Sipho Maseko

Sipho Maseko. Picture: BUSINESS DAY
2 hour(s) ago

Telkom is considering legal action to challenge the Independent Communications Authority of SA's decision to auction radio frequency spectrum licences

National

Hawks accuse Pravin Gordhan of corruption

Pravin Gordhan. Picture: THE TIMES
11 hour(s) ago

The Hawks allege that he violated the Public Finance Management Act

National

Gordhan will not present himself to the Hawks on Thursday

Pravin Gordhan. Picture: PUXLEY MAKGATHO
14 hour(s) ago

Gordhan’s stance is set to heighten his standoff with President Jacob Zuma, who is believed to be behind the Hawks’ renewed badgering of the finance minister

View more

Cartoons

Volkswagen is promising a radical new design language with its T-Roc.  Picture: NEWSPRESS UK

FUTURE MODELS: VW T-Roc is building on a promise

Volkswagen’s SUV and crossover model onslaught is continuing

Motoring

THE MOTORSPORT LAP: Ogier takes the win

Leeroy Poulter dominated the Heidelberg Rally in his Toyota Gazoo Racing Yaris.  Picture: QUICKPIC/WALDO VAN DER WAAL
1 hour(s) ago

It was another bumper weekend of motorsport both internationally and on home turf

Health

Mexico looks to double tax on sugary drinks

Mexico may double its tax on sweetened beverages to 20% as sales recovered after the levy caused an initial reduction in consumption. Picture: ISTOCK
2 hour(s) ago

Mexico finds the tax is a money-spinner but has failed to dent consumption of sugary drinks, writes Amy Guthrie

Motoring

DRIVING IMPRESSION: Lexus RC200t — a handsome sheep in wolf’s clothing

The RC200t scores highly in the looks department.   Picture: QUICKPIC
1 hour(s) ago

The Lexus RC200t looks like a gold-winning athlete, but it’s left in the blocks by its rivals, writes Mark Smyth

Opinion & Analysis

Walk the talk for happy workforce

US President Barack Obama, right, with Louisiana governor John Bel Edwards, left, after a tour of a flood-affected area in Louisiana on Tuesday. Obama is notable as a fan of the walk and talk meeting style, which has health benefits, saves time and aids creative thinking. Picture: REUTERS/JONATHAN ERNST
2 hour(s) ago

Companies are most effective when they create a wellbeing culture, write Leon Ayo and Ross Tucker

Health

Milk-based packing ticks lots of boxes

A new biodegradable film made out of casein is being produced to replace the thin plastic wrapping that is used to protect against spoilage. Picture: ROBERT TSHABALALA
2 hour(s) ago

Researchers are investigating alternative forms of food packaging — the biodegradable kind that can be eaten, writes Amrith Ramkumar

Motoring

RUMOUR HAS IT... Kia, Hyundai models on the way

BMW has unveiled its concept of the iconic 2002 touring car.  Picture: NEWSPRESS UK
1 hour(s) ago

BMW reveals a second concept at the Pebble Beach concours in the US, and Ford announces a level 4 autonomous vehicle in the US

Opinion

EDITORIAL NOTE: Even metro cops need to buckle up

Picture: THINKSTOCK

Nobody is exempt from wearing their seatbelts, not even those who are placed to uphold such road laws

TAKING IT EASY: Morné Steyn, right, and Faf de Klerk chill at a Bok training session. Picture: GALLO IMAGES

Steyn to keep Elton on edge

Steyn’s presence is both a warning and an inspiration to Jantjies to up his game

Other Sport

Rejuvenated Hamilton aims for 50th

READY TO RACE: Briton Lewis Hamilton celebrates winning the Hungarian Grand Prix in July with team-mate Nico Rosberg in the background. Picture: REUTERS/LASZLO BALGOGH
3 hour(s) ago

Triple world champion Lewis Hamilton ‘refreshed, re-energised and ready to go’ for a rare 50 grands prix prize

Other Sport

All the statistics for Belgian race

UNPOPULAR:  Lewis Hamilton of Britain leads the pack during Sunday’s Austrian Grand Prix. Pictures: REUTERS
3 hour(s) ago

Here are all the stats ahead of Sunday’s Belgian Formula One Grand Prix, the 13th race of the 21-round season

Other Sport

How top medical team revived Schoeman’s dream in Rio

BRONZE: Henri Schoeman beats the odds to realise his dream of an Olympic medal. Picture: REUTERS
3 hour(s) ago

A chest infection nearly robs bronze medalist Henri Schoeman the chance to compete in the Olympics, but Team SA’s doctor saves the day

Rugby

Alexander throws his hat into the rugby hot-seat ring

Oregan Hoskins.  Picture: THE TIMES
3 hour(s) ago

Alexander had been Hoskins’s deputy since the departed president beat the late Mike Stofile to the post in 2008

Soccer

Chiefs under the cosh, says Tinkler

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

New Premier Soccer League franchise Cape Town City poses a major threat to coach Steve Komphela charges

Soccer

Komphela already feeling the pressure

Steve Komphela. Picture: GALLO IMAGES/LEFTY SHIVAMBU
3 hour(s) ago

Coach Steve Komphela struggles to explain to aghast Amakhosi fans the Glamour Boys’ horrible start

Soccer

Ancelotti brushes aside Ribery criticism

Coach Carlo Ancelotti. Picture: REUTERS
3 hour(s) ago

Ribery, was not sent off for any of the fouls, and only booked for the incidents with Melo and Passlack

Cricket

Kingsmead’s outfield leads to financial knock

Cricket supporters watch as the covers are put on to the wicket at Kingsmead stadium in Durban. Picture: REUTERS
3 hour(s) ago

Cricket SA say they opted to decompact the outfield at Kingsmead and Centurion after feedback from the players involved in last season’s one-day series between SA and New Zealand

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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