• Tuesday, July 07 2015
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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


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


Gold sector may see drawn-out wage talks

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

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


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


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

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


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


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

Positive signs for betting on a Greek rebound


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


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


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


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


Cape offers Uber a lifeline

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

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


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


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

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


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


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


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


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


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


Plan for Melrose Arch to rival V&A Waterfront area

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


Tyre manufacturers to go to regulator over deluge of cheap imports

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


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


Putin basks in Brics bank launch

18 hour(s) ago

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


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

8 hour(s) ago

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


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


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

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

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


Nine strategies for a stress-free holiday

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


Cosby admits to drugging woman for sex

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


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


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


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


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


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


Lions build a Super pride

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


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.

Our Vote
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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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