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Picture: GALLO IMAGES

Government ‘will not sell Telkom to rescue Eskom’

5 hour(s) ago

Minister of telecommunications and postal services says government will not select fixed-line operator because it will lead expansion of internet access

National

Presidency proposes dates for Zuma to answer questions in Parliament

Jacob Zuma.  Picture: GCIS/ELMOND JIYANE
1 hour(s) ago

Three dates for president to answer questions before National Assembly have been proposed to meet Parliamentary rule that he appear at least four times a year

Business

Shuttleworth levy decision lies with minister, says Reserve Bank

South African entrepreneur and multibillionaire Mark Shuttleworth. Picture: BUSINESS DAY
1 hour(s) ago

The decision whether to reverse an exit charge on Mark Shuttleworth’s capital transfer out of SA should have rested with finance minister and not Bank, Constitutional Court hears

Mining

Khulubuse Zuma loses Aurora court bid

Controversial businessman and nephew of President Jacob Zuma, Khulubuse Zuma, arrives for his uncle's inauguration ceremony at the Union Buildings in Pretoria on Saturday. Picture: AFP PHOTO/POOL/MUJAHID SAFODIEN
31 minute(s) ago

Urgent application by Khulubuse Zuma to have claims of more than R1.5bn against Aurora Empowerment Systems set aside is dismissed by High Court in Pretoria

National

Education and health biggest beneficiaries in Gauteng budget

Gauteng finance MEC Barbara Creecy. Picture: VELI NHLAPO/SOWETAN
1 hour(s) ago

Provincial government has to reduce spending on noncore services, programmes, expand own-revenue generation to make up for reduction from Treasury

Transport & Tourism

Gauteng to announce contribution to GFIP ‘once e-toll team concludes work’

Picture: FINANCIAL MAIL
4 hour(s) ago

MEC for finance tells legislature provincial government will announce contribution to repayment of Gauteng Freeway Improvement Project once task team concludes work

Economy

Business confidence rises to near two-year high in February, Sacci index shows

Picture: THINKSTOCK
3 hour(s) ago

Sacci business confidence index rises to 92.8 from 89.3 in January, but South African Chamber of Commerce and Industry expresses concern over economy

Labour

Salga ‘optimistic’ after start of municipal wage negotiations

Municipal workers fix potholes in Zola, Soweto, in this picture taken in February 2013. The Financial and Fiscal Commission says there is lack of investment by local government in the maintenance of roads and sewerage infrastructure.  Picture: SOWETAN
4 hour(s) ago

South African Local Government Association says it is encouraged and optimistic after start of wage talks in municipal sector this week

The limited edition Aston Martin Vulcan is a track only warrior from the British sportscar marque.  Picture: NEWSPRESS

GALLERY: Showstoppers at Geneva Motor Show

There is a great deal to be seen at the 85th Geneva Motor Show, the first European-based automotive exhibition on the calendar this year

Columnists

If every country added value to its own raw materials we would all be worse off, writes Trudi Makhaya

Beneficiate — but only when it is economic

Columnists

One of the greatest investors of all time attributes his success to his mentor Benjamin Graham, writes Michel Pireu

A top investor’s mentor’s ideas

Industrials

Eqstra shares surge after swinging into profit

Eqstra Holdings Interim Results with CEO Walter Hill in Sandton. Picture: MARTIN RHODES
1 hour(s) ago

Leasing firm makes biggest intraday gain after announcing first-half profit due to cost cuts, closure of loss-making businesses

Europe

EU denies talk of third Greek bail-out plan

Frayed European Union and Greek flags flutter atop the Greek Ministry of Finance in central Athens.  Picture: REUTERS
4 hour(s) ago

Eurozone countries are discussing third bail-out for Greece worth €30bn to €50bn, Spain’s economy minister says, but EU officials say there are no such talks

Cricket

High-scoring South Africa thump Ireland

Ireland's John Mooney, right, reaches to stop a ball hit by South Africa's Hashim Amla during their Cricket World Cup match at Manuka Oval in Canberra, Australia, on Tuesday.  Picture: REUTERS
2 hour(s) ago

Hashim Amla hits his highest one-day score with a majestic 159 to hand Ireland a thumping defeat by 201 runs with five overs to spare

African News

Boko Haram releases first ‘beheading video’

A screengrab taken on Monday from a video obtained by news agency AFP shows a man claiming to be Abubakar Shekau, the leader of Nigerian Islamist extremist group Boko Haram. Picture: AFP
2 hour(s) ago

Footage will stoke concerns that Nigerian Islamist sect is expanding its scope and seeking inspiration from global militant networks

Finance Minister Nhlanhla Nene delivers his budget speech in Cape Town  on Wednesday. Picture: BUSINESS DAY/TREVOR SAMSON

EDITORIAL: Public sector wage hike a test for ANC

Significant growth in the head count and pay packets have not been accompanied by improvements in
service delivery

Mining

Weaker commodity markets hit Glencore’s earnings

Picture: REUTERS
6 hour(s) ago

Resources company says it has decided to curtail coal production at Optimum, some coal operations in Australia to align volumes, qualities with demand

Mining

Strong operational performance boosts RBPlat

Picture: THINKSTOCK
7 hour(s) ago

But Royal Bafokeng Platinum warns production at Styldrift project has been pushed back by six months because of difficulties at shaft

Economy

SA given months to avoid junk status

Finance Minister Nhlanhla Nene delivers his 2015 budget on February 25.  Picture: TREVOR SAMSON
11 hour(s) ago

S&P keeps eye on state wage bill, while Fitch said last week weak economic growth and a failure to boost potential growth ‘a negative rating trigger’

National

Nene’s establishment of SARS committee looks an astute move

Minister Nhlanhla  Nene flanked by SARS Commissioner Tom Moyane, Deputy Minister of Finance Mncebisi Jonas, and DG Lungile Fuzile as they arrive ahead of the 2015 Budget Speech. Picture: GCIS
11 hour(s) ago

Committee gives finance minister an excellent way to look more closely at what SARS commissioner Moyane is doing, and creates political distance

Labour

Cosatu meeting goes ahead despite boycott

Zwelinzima Vavi.  Picture: THE TIMES
11 hour(s) ago

Zwelinzima Vavi’s fate again hangs in the balance as his absence and prior disciplinary matters in spotlight on Tuesday

National

DA calls for city to implement refresher courses for bus drivers

Picture: SOWETAN
6 hour(s) ago

Democratic Alliance says City of Johannesburg must ensure Metrobus drivers receive additional training after reports that call their competence into question

African News

Nigeria stalls Chad as it aims to beat Boko Haram before poll

Picture: THINKSTOCK
2 hour(s) ago

Nigeria is keen to press ahead with its military campaign against Islamist group, planning to push it out of major towns before presidential elections

Financial Services

Barclays Africa makes modest gains as key markets feel pressure

Picture: BLOOMBERG/CHRIS RATCLIFFE
5 hour(s) ago

Barclays Africa reports 6% increase in full-year revenue to R63.2bn for year ended December 2014 as number of key markets come under pressure

Retail & Consumer

Burger King banks on about 250 outlets

A Burger King outlet at Park Station in Johannesburg. Picture: THE TIMES
10 hour(s) ago

Aggressive expansion has been held back by the various approvals required by the respective municipalities

Industrials

Torre Industries declares a maiden dividend

Picture: GALLO IMAGES/FOTO24/LOANNA HOFFMAN
3 hour(s) ago

Torre says this is an indication ‘of the confidence that the board has in the long-term ability of the group to sustain earnings and free cash flow’

Americas

Tinder takes swipe at generating revenue

Picture: THINKSTOCK
4 hour(s) ago

Tinder launches premium service, its first effort to generate revenue, plans to introduce advertising by end March

Health

Legal claims ‘cost Gauteng health department millions’

The government’s plan to strengthen the patent registration process for medicines has received backing from one of SA’s influential industry players, Discovery Health. Picture: RUSSELL ROBERTS
6 hour(s) ago

Provincial department has confirmed figures, says it finds it difficult to argue its case in court due to theft of patient records, according to news report

View more

Cartoons

Picture: THE NEW YORK TIMES/TONY CENICOLA

Five tips for becoming a more self-aware leader

You can’t be a good leader if you’re not self-aware so here are some ways to cultivate and develop your self-awareness

Growth Engines

Poynting the way to business symbiosis

Picture: THINKSTOCK
10 hour(s) ago

It’s so much about service — in engineering, service becomes the key thing, writes Samuel Mungadze

Health

Modest coffee consumption good for the heart

Picture: THINKSTOCK
3 minute(s) ago

People who drink three to five cups of coffee a day may have lower risk of clogged arteries that can cause serious heart problems, study finds

Opinion

VRROOM WITH A VIEW: Hike in fuel levy is a sucker punch to an already swooning Eskom

South Africans are forced to pay high taxes but are not getting their money's worth, especially when it comes to power supplies

Granwald Scott  (left) and Bantu Mzwakali tussle for the ball during the Ajax Cape Town training session at Ikamva in Cape Town on Monday. Picture: GALLO IMAGES/GRANT PITCHER

De Sa has ‘distracted’ Chiefs in cross hairs

Ajax coach sees chance against a fatigued Amakhosi, distracted by the African Champions League

Cricket

England suffers ‘worse’ defeat to Sri Lanka

Picture: THINKSTOCK
10 hour(s) ago

Loss against New Zealand was bad, but defeat to Sri Lanka was much more damaging, says former captain — though team can still progress to the quarterfinals

Soccer

Defeated Wits ‘have less to worry about’

Ramahlwe Mphahlele. Picture: GALLO IMAGES/LEFTY SHIVAMBU
10 hour(s) ago

Sundowns were beaten 3-1 at Bidvest Stadium last season, but the defending champions will fancy their chances of winning on Tuesday

Opinion

Bounce of the global cricket pitch still goes in favour of big teams

Picture: THINKSTOCK

There are some do-or-die games imminent, even before we get to the knockout quarterfinals

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JSE Sens

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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

Labour Minister Mildred Oliphant, for suppressing a forensic report that found that her adviser, Herbert Mkhize, had misappropriated more than R1m in public funds for his personal use while he was Nedlac executive director.

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Water Affairs and Sanitation Minister Nomvula Mokonyane, for hiring 34 Cuban engineers at R50m a year, when there are hundreds of qualified and unemployed South Africans who could do the job.

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Russian President Vladimir Putin. Denying responsibility for the murder of arch-critic Boris Nemtsov is all very well, but trying to deflect responsibility to the opposition itself, or “provocation” by the West, is pushing credulity.

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Calendar

Barclays Africa Barclays Africa finals
Glencore Glencore finals
Royal Bafokeng Platinum Royal Bafokeng Platinum finals
Merafe Merafe finals

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