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Picture: THINKSTOCK

Business confidence falls to 16-year low

2 hour(s) ago

South African Chamber of Commerce and Industry says local economy is finding it difficult to raise its performance to prevent imbalances from escalating

Economy

Reserve Bank’s gross reserves rise by $383m in June

Reserve Bank
4 hour(s) ago

Rise in reserves is mainly due to depreciation of US dollar against major currencies and maturing foreign-exchange swaps conducted for liquidity management purposes

Labour

Gold sector may see drawn-out wage talks

Picture: THINKSTOCK
8 hour(s) ago

All four unions reject opening offer from gold producers, setting the scene for a long and difficult wage negotiation

African News

There’s a heavy toll to pay for Zimbabwe’s decrepit roads

File picture: MARIANNE SCHWANKHART
2 hour(s) ago

Motorists must pay tolls to Zimbabwe National Road Authority, but report reveals widespread abuse of funds as highways disintegrate and road accidents climb

Europe

Leaders to hold emergency summit on Greece

Greece has shut its banks and the stock market and imposed capital controls. Picture: AFP PHOTO/ARIS MESSINIS
3 hour(s) ago

Eurozone leaders to discuss fallout from defiant ‘no’ to further austerity measures, Prime Minister Alexis Tsipras set to unveil new proposals for talks

Europe

Plan to increase Sunday shopping hours in Britain

A shopper checks her bags on Oxford Street in central London.  Picture: REUTERS
15 minute(s) ago

British government announces plans to allow shops to open longer on Sundays to compete with online shopping and global tourist destinations like Paris and New York

Telecoms & Technology

Union welcomes departure of MTN chief

MTN SA CEO Ahmad Farroukh. Picture: MARTIN RHODES
8 hour(s) ago

MTN SA CEO Ahmad Farroukh lacks an understanding of the local labour environment, says Communication Workers Union

Gadgets & Gear

Instant messaging most popular online activity in SA

Picture: THINKSTOCK
27 minute(s) ago

Downloading podcasts‚ dating and games join popularity of instant messaging as massive growth areas in South African internet activity

President Jacob Zuma shares a moment with Nelson Mandela Bay mayor Danny Jordaan at the Babs Madlakane Hall in KwaNobuhle. The ANC could be vulnerable there in elections. Picture: MIKE HOLMES

Election apathy a danger for ANC

Opposition needs only small gains in some metros, write Kevin Allan and Karen Heese

Columnists

Full featured stockbroking account is unlikely to pay its way until your savings reach at least R50,000, writes Robert Laing

How to navigate the maze and choose a stockbroker

Columnists

For anyone inclined to bet on a rebound there are positive signs, writes Michel Pireu

Positive signs for betting on a Greek rebound

Europe

IMF in awkward position between Greece and European Union

Picture: REUTERS
2 hour(s) ago

International Monetary Fund is anxious to craft compromise, but also under pressure to recover billions it has lent to Greece

National

No action yet on Nkandla scandal officials

UNDER A CLOUD: President Jacob Zuma's homestead in Nkandla. Picture: SUNDAY TIMES
8 hour(s) ago

Another reason for the delay in the matter is an urgent media application for coverage of the hearings

Retail & Consumer

Hulamin shares tumble after company flags drop in interim earnings

Sugarcane is harvested at a plantation of Da Mata, the Brazilian sugarcane processor, in Valparaiso northwest of São Paulo. Brazil is one of the world’s largest sugarcane producers. File picture: REUTERS
53 minute(s) ago

Aluminium products manufacturer sees share price drop over 9% after saying it expects interim earnings to drop substantially as load shedding impacts production

Europe

HSBC fires staff for mock Islamic State execution video

A man walks past an HSBC branch in the financial Central district of Hong Kong, China. Picture: REUTERS/BOBBY YIP
5 hour(s) ago

British bank fires employees after they film mock Islamic State-style execution video during team-building day, post footage online

Picture: THINKSTOCK

New survey reveals how South Africans use mobile devices in the workplace

More than 95 % of employees in South African companies rely on use of mobile devices within the office, a new survey shows

National

Cape offers Uber a lifeline

Picture: BLOOMBERG/ANDREW HARRER
8 hour(s) ago

Uber’s service falls outside provisions in laws and policy regulations, according to Western Cape premier Helen Zille

Telecoms & Technology

Installers next in line for set-top box tender

Picture: THINKSTOCK
8 hour(s) ago

Universal Service and Access Agency of SA poised to select companies to install the set-top boxes and aerials in 5-million households

Economy

Slow and pricey ports harm business

A container ship pulls into Durban Port.  Picture: THE TIMES
9 hour(s) ago

Poor growth threatens plans by Transnet to spend R312bn, writes Nicky Smith

Energy

R1-trillion cost of nuclear build ‘is totally untrue’, says nuclear regulator

Picture: THINKSTOCK
19 hour(s) ago

South Africa’s nuclear regulator says reports that the country’s nuclear build programme will cost R1-trillion are totally unfounded

National

Parties in spat over council merger in Mpumalanga

Picture: SOWETAN
9 hour(s) ago

Court battle for Municipal Demarcation Board in offing as Democratic Alliance and African National Congress row over borders

National

Western Cape visa centre for executives mooted

Deputy Home Affairs Minister Fatima Chohan conceded the department lacked resources. Picture:TREVOR SAMSON
9 hour(s) ago

Gauteng already has premium visa and permits centre aimed at corporate clients

Europe

UK ready to sell half its stake in RBS

Royal Bank of Scotland. Picture: REUTERS/TOBY MELVILLE
8 hour(s) ago

Government likely to take loss on early sale, after chancellor of the Exchequer George Osborne flags intention to reduce stake in the coming months

BusinessDay

Militants kill 14 in northern Kenya attack

A Somali soldier stands guard next to the site where Al Shebab militants carried out a suicide attack against a military intelligence base in Mogadishu on Sunday. Picture: AFP
6 hour(s) ago

Red Cross confirms that at least 14 people are dead, 11 wounded after gunmen attack village close to border with war-torn Somalia

Americas

Floyd Mayweather stripped of WBO welterweight belt

Floyd Mayweather. Picture: REUTERS/STEVE MARCUS
4 hour(s) ago

World Boxing Organisation says Floyd Mayweather failed to meet deadline for paying sanctioning fee required after taking belt from Manny Pacquiao

Financial Services

Stellar Capital buys stake in Torre

Christo Wiese. Picture: TREVOR SAMSON
8 hour(s) ago

Surprising deal sees the newly constituted investment company aligned to retail tycoon Christo Wiese pay R690m for influential stake in Torre

Property

Plan for Melrose Arch to rival V&A Waterfront area

Picture: THINKSTOCK
8 hour(s) ago

Main shareholder of premium mixed-use development Melrose Arch has plans to nearly triple the precinct’s size over five to eight years

Industrials

Tyre manufacturers to go to regulator over deluge of cheap imports

Picture: THINKSTOCK
8 hour(s) ago

SA’s R30bn industry follows cement and steel producers to International Trade Administration Commission over flood of cheap, dangerous tyres — particularly from China

Transport & Tourism

Prasa CEO says detractors want to tarnish him in train saga

Passenger Rail Agency of SA (Prasa) CEO Lucky Montana at a media briefing on Monday. He dismissed a media report and political parties’ claims that incorrect locomotives were procured from a Spanish company. Picture: PUXLEY MAKGATHO
8 hour(s) ago

Lucky Montana lashes out after weekend reports say trains from Spanish manufacturer Vossloh Espana are not suited to SA’s rail lines

Asia-Pacific

Thai military court releases 14 student protesters

Woman posts a message to show support for 14 students who have been arrested, on a board near the Bangkok Art and Culture Centre in Bangkok. Picture:  REUTERS/ATHIT PERAWONGMETHA
5 hour(s) ago

Court releases students held for almost two weeks for holding anti-coup protests, but charges against them have not been dropped

Europe

Putin basks in Brics bank launch

Vladimir Putin. Picture: REUTERS/ALEKSEY NIKOLSKY
18 hour(s) ago

Growing economic clout of Brics nations important for Russian President Vladimir Putin to deflect Western censure

Asia-Pacific

Chinese firms rush to halt trading amid crash

A stock investor sits in front of an electronic screen showing stock price at a brokerage house in Beijing, China, on Monday. Picture: EPA/WU HONG
8 hour(s) ago

More than 700 firms listed in Shanghai and Shenzhen — about a quarter on the exchanges — have sought to suspend trading in the past three weeks

Telecoms & Technology

Naspers shares drop amid Tencent valuation jitters

Picture: SHELLEY CHRISTIANS
8 hour(s) ago

Regulation has saved Tencent in the past and analysts downplay any suggestion Tencent could be in for headwinds

National

Township aid a requisite for tender

Barbara Creecy. Picture: PUXLEY MAKGATHO
8 hour(s) ago

MEC wants FNB township developmental plan as SA looks to small businesses to solve the unemployment crisis

Dick Costolo. Picture: BLOOMBERG/DAVID PAUL MORRIS

Costolo’s wish for Twitter

Dick Costolo wants as his legacy for Twitter to fully represent the democratic ideal of access for all

Opinion & Analysis

Government ICT sluggish to adopt security rules

Picture: THINKSTOCK
8 hour(s) ago

Barely any of SA’s public entities have gained much traction in adopting these very useful processes, writes Thato Mahlamvu

Arts & Entertainment

Comedian brings his familiar characters to Joburg

Picture: SUPPLIED
1 day(s) ago

Gino Fabbri uses six characters to poke fun at our multicultural, multilingual society in his show, which includes stand up, music

Management

Nine strategies for a stress-free holiday

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

Take at least a half a day off of work before you leave to give yourself some margin for any final packing details or errands

Americas

Cosby admits to drugging woman for sex

Picture: AFP/STAN HONDA
5 hour(s) ago

Bill Cosby admits to having drugged at least one woman with Quaaludes in 1976 to have sex with her, in court documents that were unsealed on Monday

Innovation

It’s okay if I die now, says Linux creator

Linus Torvalds. Picture: REUTERS/JARNO MELA
8 hour(s) ago

Linus Torvalds may be the most influential individual economic force of the past 20 years

Innovation

Cape firm’s innovation bridges office communication divide

Gys Kappers. Picture: SUPPLIED
8 hour(s) ago

Wyzetalk helps executives gain insight into worker issues, which enables them to put interventions in place that improve matters, writes Carel Alberts

Picture: THINKSTOCK

Good and bad news for Springbok coach Meyer

Duane Vermeulen may miss World Cup, but prop Coenie Oosthuizen’s chances brighter

Other Sport

Froome takes yellow, Cancellara takes a fall

Trek Factory rider Fabian Cancellara of Switzerland lies on the ground after a fall in a chaotic crash during the 159.5km third stage of the 102nd Tour de France on Monday. He lost the yellow jersey in the crash, which caused four riders to abandon the race. Picture: REUTERS/ERICGAILLARD
9 hour(s) ago

Briton Chris Froome takes lead at crash-marred third stage of the Tour de France

Cricket

No mercy, Starc warns England

Australia's Mitchell Starc in action against Essex at the Essex County Ground, Chelmsford, the UK, on Saturday. Picture: REUTERS/PETER CZIBORRA
9 hour(s) ago

Left-arm fast bowler Mitchell Starc took nine wickets in Australia’s final warm-up match at the weekend, and may replace injury-hit Ryan Harris

Cricket

Despite SA bowlers excelling, expect the experiment to continue

SA’s Kyle Abbott celebrates with teammates after the dismissal of Bangladesh cricketer Tamim Iqbal on Monday. Picture: AFP PHOTO/MUNIR UZ ZAMAN
8 hour(s) ago

Good enough to outplay Bangladesh in their home conditions despite fielding an experimental combination and almost without AB de Villiers

Rugby

Lions build a Super pride

Faf de Klerk. Picture: GALLO IMAGES/JOHAN RYNNERS
9 hour(s) ago

Faf de Klerk and Corne Fourie will relocate to Johannesburg while Japan-bound Lionel Mapoe and Warwick Tecklenburg will continue serving in Super Rugby next year

Opinion

Woolmer was way ahead of his time, and coaches must take up the baton

Bob Woolmer was obsessed with pioneering new ways to make individuals more successful

Standard Bank

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The Third Umpire

Egyptian President Abdel Fattah al-Sisi. Apart from overthrowing a legitimately elected government and eradicating all opposition, he is set to pass a law making it illegal to contradict official statements.

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Correctional Services Minister Michael Masutha who has finally conceded that SA’s prison parole system is dysfunctional and requires an overhaul — specifically to ensure parole boards are able to operate independently.

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African National Congress deputy secretary-general Jessie Duarte. If party supporters don’t give a fig about Nkandla, as she claims, why is it that it lost control of Nkandla municipality in the local election?

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