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Nosizwe Nokwe-Macamo. Picture: FINANCIAL MAIL

PetroSA does a Tsotsi on executives

36 minute(s) ago

Top three executives at the company, including CEO Nosizwe Nokwe-Macamo, to be put on forced leave by board ahead of probe

National

US alleges SA bribed Fifa for World Cup

US attorney-general Loretta Lynch and James Comey, the director of the Federal Bureau of Investigation, at a press conference on Wednesday about the arrests of Fifa officials. The arrests were part of a probe that exposed a massive sporting scandal. Picture: EPA/JUSTIN LANE
36 minute(s) ago

Indictment alleges 14 senior soccer officials and marketing executives engaged in a $151m, 24-year bribery scheme surrounding the promotion of world tournaments

Industrials

Aveng shares plummet to 10-year low

Picture: BUSINESS DAY
37 minute(s) ago

Sharp drop in the share price has pushed Aveng into the small-cap index along with all the JSE’s other construction companies

Financial Services

Blue Financial Services may be forced to sell up if plan fails

Blue Financial Services CEO Johan Meiring. Picture: FINANCIAL MAIL
38 minute(s) ago

Troubled unsecured lender has been in limbo since 2008 when it expanded into a number of African countries, notably Nigeria

National

Nhleko postpones Nkandla ruling by 24 hours

Nathi Nhleko. Picture: TREVOR SAMSON
7 hour(s) ago

Police Minister to announce whether President Jacob Zuma should pay back public funds spent on upgrades of his private residence

Energy

SA power plants face 17-million tonne coal shortfall

Picture: THINKSTOCK
11 hour(s) ago

Shortfall means power utility Eskom has failed to ensure sufficient supply as several coal contracts come to an end over the next two years

Mining

Implats terminates sale of Marula mine

Impala Platinum's Marula mine.  File picture: TYRONE ARTHUR
14 hour(s) ago

Impala Platinum terminates sales process of Marula mine, preferring to keep the asset within the company to "optimise performance" at the mine

Energy

Electricity demand will exceed supply for next 24 to 36 months, says Zuma

President Jacob Zuma responds to questions on his budget in Parliament on Wednesday.  Picture: TREVOR SAMSON
13 hour(s) ago

Load shedding to ration insufficient supply likely to continue for the next three years as demand for electricity outstrips supply

Picture: THINKSTOCK

Can state tenders uplift small business without hiking cost?

It may arguably be more effective — and will not risk distorting the market — to move procurement online, writes Stephen Timm

Opinion & Analysis

Gideon Rachman promo

David Cameron’s demand for renegotiation of UK’s membership of EU met with mixture of anger and incomprehension, writes Gideon Rachman

European Union plan is about declining British sway

Columnists

Kris Venne: In finance new ideas are often no more than catchy stories about an investment told in order to sell it

STREET DOGS: Where new ideas are not always welcomed

Economy

Bank still in a tightening cycle, says deputy governor Groepe

Reserve Bank deputy governor Francois Groepe. Picture: THE HERALD
16 hour(s) ago

Reserve Bank deputy governor Francois Groepe says bank in a rate-tightening cycle — implying interest rates will rise again

National

SARS achieves 92% conviction rate for tax crime offenders

Picture: GALLO IMAGES/FOTO24/CORNEL VAN HEERDEN
12 hour(s) ago

In 2014/5 financial year‚ total of 256 individuals/entities convicted in cases involving R196m, with fines totalling R9.6m issued‚ SARS says

Healthcare

Data on private hospitals will put consumers in the picture, says Discovery Health

Picture: THINKSTOCK
8 hour(s) ago

Discovery Health on the brink of being able to publish information about the best and worst performing private hospitals, says deputy CEO Ryan Noach

Trade & Industry

Choppies shares rise after JSE listing

Choppies CEO Ramachandran Ottapathu. Picture: CALVIN ANDERSON
17 hour(s) ago

Botswana grocer, which joined food retailers and wholesalers sector, is fourth African company to have inward secondary listing on local bourse

Cell C CEO Jose dos Santos. Picture: MARTIN RHODES

Cell C seeks new users but must keep them

Something has been overlooked and it feels like it’s the data elephant in the room. Surely we need more innovation around data — a need that is fast affecting mobile growth, writes Suhana Gordhan

Economy

Grain SA revises downwards maize import volumes

Picture: RUSSELL ROBERTS
15 hour(s) ago

Grain SA revises downwards the maize volumes that SA will have to import this year as reports emerge that local production will be higher than earlier estimated

African News

South Sudan faces risk of famine

Rebels fighters gather in a village in South Sudan’s Upper Nile state. Picture: REUTERS
18 hour(s) ago

At least 40% of population of South Sudan will face severe food shortage over next couple of months as escalation in bloody civil war disrupts farming and aid deliveries

Economy

Gloomy outlook for SA as growth plummets

Pali Lehohla. Picture: NTSWE MOKOENA/GCIS
23 hour(s) ago

Manufacturing and agricultural sectors worst performers as load shedding, weak demand, drought and resignations in public sector curbed output

Economy

Unemployment increase shows economy battling to create new jobs

A group of men sit along a road looking for work. Picture: SUNDAY TIMES
23 hour(s) ago

Figures imply that 8.7-million people who were able to work were not in employment

National

City of Johannesburg defends steep rates and services hikes

The Johannesburg CBD.  Picture: THE TIMES
23 hour(s) ago

Metro residents may face property rate rises of 6%, in line with the Reserve Bank’s inflation target range

Energy

Nuclear not the full solution, former watchdog boss tells SA

Mohamed Elbaradei Picture: JAN POTGIETER/UJ
23 hour(s) ago

Nobel Peace Prize laureate Mohamed ElBaradei says nuclear is a clean form of energy, but there are major risks

Industrials

Poor Nampak results see shares dive

Andre de Ruyter. Picture: SUPPLIED BY NAMPAK
23 hour(s) ago

Glass division drags company down while general metal packaging in Nigeria hit by lower demand, as a result of election uncertainty and the fall in the oil price

Education

New measures to curb cheating in matric exams

EMBARRASSED: Matric pupils at the Gxaba Secondary School in Ngqeleni, in the Eastern Cape, hide their faces from the camera last week after their school was named as being one of those under investigation for allegedly being implicated in group cheating. Picture: THE TIMES
12 hour(s) ago

Government publishes extensive revision of regulations governing matric exams in apparent bid to stop cheating and improve administration of tests

National

Growth in disposable salaries outpaces that of inflation

Picture: THINKSTOCK
17 hour(s) ago

Automated payments clearing house BankservAfrica says growth in disposable salaries outpaced that of inflation in April, giving consumers some financial relief

Health

Shortage of TB vaccine affects Gauteng babies

vaccine health XXX Picture: THINKSTOCK
18 hour(s) ago

Democratic Alliance says 454 infants in province have not undergone routine vaccination for tuberculosis due to global shortage of Bacille Calmette-Guerin vaccine

Retail & Consumer

Lewis beats market expectations

Picture: THINKSTOCK
20 hour(s) ago

Furniture retailer says its performance improved in second half of the year, but trading conditions remain tough, particularly in lower to middle income market

National

Zuma wishes Maharaj speedy recovery

Presidential spokesman Mac Maharaj. Picture: SUNDAY TIMES
15 hour(s) ago

President Jacob Zuma extends his good wishes to his former spokesman Mac Maharaj who underwent surgery for lung cancer in a Durban hospital last week

African News

Nigerian oil dispute exposes dysfunction

Picture: REUTERS
17 hour(s) ago

The spectacle of crippling scarcity in country that exports billions of dollars of oil each month is window into dysfunction of oil sector

African News

Madagascar parliament votes to dismiss president

18 hour(s) ago

Parliament votes overwhelmingly to dismiss President Hery Rajaonarimanpianina for alleged constitutional violations and general incompetence

Europe

Faltering global recovery to top agenda for G-7 meeting

A man picks up a Greek flag placed on a street pole after a military parade in the centre of Athens on March 25. Picture: AFP PHOTO/ARIS MESSINIS
16 hour(s) ago

G-7 finance ministers have their work cut out this week to revive stuttering global growth and defuse tensions over claims by China to economic power

View more

Cartoons

A Novartis logo on its headquarters in Mumbai, India. Picture: REUTERS

Novartis raises its bet on ‘robotic pill’

The Rani capsule, which is swallowed like a conventional pill, contains tiny needles made of sugar that are pushed into the wall of the intestine to deliver the drug

Opinion & Analysis

Boom time in Africa, but brainstorm self-reliance

Picture: THINKSTOCK
23 hour(s) ago

Business and the state need to work together to create jobs and a better society, writes Nceku Nyathi

Opinion & Analysis

Consumers don’t give a flying canary about legacy

 BMW’s branding message — with the tagline ‘sheer driving pleasure’ — focuses on the consumer’s experience, rather than the company’s illustrious history. Picture: REUTERS
1 day(s) ago

Once you become conscious of the difference between legacy and innovation, you’ll start seeing it everywhere, writes Douglas Kruger

Management

Founders need to let go, or face crisis and ruin

Joe Strummer and his punk band The Clash had just one number one hit single in the UK. Had they taken on competent managers they might have notched up a few more hits. Picture: REUTERS
23 hour(s) ago

At some point founders must accept that they can no longer do it all and they need to build a team around them, writes Andrew Robinson

Management

Six tips for becoming more visible at work

Picture: THINKSTOCK
1 day(s) ago

If you’re stuck in your boss’s shadow, here’s some advice on how to increase your visibility and network with the right people

Spain’s Rafael Nadal returns the ball to France’s Quentin Halys during the men’s first round match at the French Open in Paris on Tuesday. Nadal won 6-3 6-3 6-4. Picture: AFP PHOTO/PASCAL GUYOT

Nadal secures winning start

King of Clay beats Frenchman as he tries to ‘avoid ups and downs this season’ happening at French Open

Soccer

Bafana take on Malawi in consolation match

Coach Shakes Mashaba during the 2015 Cosafa Cup match between SA and Botswana on Sunday. Picture: LEE WARREN/GALLO IMAGES
23 hour(s) ago

Coach Shakes Mashaba to name squad for the Africa Cup of Nations qualifier against Gambia on Thursday, following the Cosafa semi-final against Malawi

Cricket

England opt for Aussie as new coach

Trevor Bayliss. Picture: AFP PHOTO/LAKRUWAN WANNIARACHCHI
23 hour(s) ago

Australian Trevor Bayliss to coach England ahead of this year’s Ashes series

Soccer

Benitez all but certain to be Real manager

Rafael Benitez is expected to take over as Real Madrid manager after the team sacked Carlo Ancelotti on Tuesday. File picture: REUTERS
23 hour(s) ago

The next man to face the task of living up to Perez’s highest of standards will be current Napoli boss Rafael Benitez

Rugby

Transformation in rugby, but more work needed

Picture: THINKSTOCK
23 hour(s) ago

Saru wants the Boks and Super Rugby franchises to field teams that are 50% black by 2019

Other Sport

Wostmann tipped for Comrades gold

Picture: THINKSTOCK
1 day(s) ago

Rae Bischoff was the last South African woman to win the Comrades in 1998, and since then European athletes have muscled into their territory

Soccer

Mashamaite ‘still negotiating’ Chiefs contract renewal

Tefu Mashamaite. Picture: GALLO IMAGES/LEFTY SHIVAMBU
23 hour(s) ago

Speculation rife over renewal of Kaizer Chiefs’ award-winning Tefu Mashamaite as contract nears end

Opinion

It surely cannot get any worse than Botswana beating Bafana … in SA nogal!

Does it make sense to leave the country when preparing for an event that is actually in SA?

JSE Sens

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The Third Umpire

Deputy President Cyril Ramaphosa. His claim that there is “general public acceptance of the user-pays principle” is contradicted by a poll that found three-quarters of respondents want an alternative to e-tolls.

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Congress of Traditional Leaders president and Deputy Labour Minister Phathekile Holomisa. SA’s traditional leaders are generally a burden, but his work in places such as Marikana shows the institution has its place.

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Kleine Zalze winemaker RJ Botha, whose chenin blanc — made from grapes produced by 40-year-old bush vines — was judged the best of 8,000 top wines at this year’s Concours Mondial de Bruxelles competition in Italy.

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