• Wednesday, April 16 2014
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Old Mutual questions NDP investment targets

Old Mutual Investment Group South Africa senior economist Johann Els. Picture: PUXLEY MAKGATHO
16 minute(s) ago

Sluggish growth set to constrain infrastructure spending, say economists


South Africans urged to ‘vote in defence’ of democracy

Former intelligence minister Ronnie Kasrils at a media briefing about the ‘Vote No’ campaign at the University of the Witwatersrand in Johannesburg on Tuesday. Picture: THE TIMES
16 hour(s) ago

Group that includes academics and former government ministers calls on citizens to spoil their ballot or vote ‘tactically’ for a minority party


Interdepartmental letter over Air Chefs tender debacle raises eyebrows

17 hour(s) ago

Letter about in-flight snacks from director-general of Department of Trade and Industry leaves taste of unsavoury tendering procedures at SAA


Amcu establishes strike fund for members

Association of Mineworkers and Construction Union president Joseph Mathunjwa. Picture: PUXLEY MAKGATHO
14 hour(s) ago

As strike in platinum sector persists, union seeks donations from community organisations, individuals and members of affiliates of National Council of Trade Unions

Retail & Consumer

Cost-cutting, new stores boost Pick n Pay

18 hour(s) ago

Despite increasing financial pressure of consumers, the retailer posts a 7.7% rise in turnover amid turnaround strategy to regain market share


Icasa to hold public hearings on SABC blocking of DA ads

Western Cape Premier and DA leader Helen Zille. Picture: TREVOR SAMSON
14 hour(s) ago

Communications authority decides to push hearings forward after DA announces plans to approach high court over the matter

Land & Agriculture

Tribunal confirms commission’s ruling on Oceana-Foodcorp deal

14 hour(s) ago

Fishing company Oceana and Foodcorp ordered to sell Foodcorp’s fishing rights along with Glenryck brand, as condition for approval of transaction

Florida's Timely Justice Act would require the state to execute a defendant within 180 days of a death warrant.  Picture: THINKSTOCK

The ANC has a tall story to tell on fighting corruption

It is the duty of every voter to decide whether it is wise to support a party that has a tall story to tell on its commitment to fighting corruption and no political will to do so, writes Paul Hoffman


Leon Louw promo

Leon Louw: Degree to which bastardisation of language serves ideological ends creates illusion of conspiracy against language and liberty

Neononsense from critics of liberalism nothing new


Thami Mazwai promo

Five years from today we will see more women participating in rail industry value chain on basis of their competence, writes Thami Mazwai

Railways giving women a chance in business


Old Mutual revises down SA’s 2014 economic growth forecast

Old Mutual Investment Group South Africa’s Johann Els briefs the media in Rosebank, Johannesburg, on Tuesday. Picture: PUXLEY MAKGATHO
14 hour(s) ago

Yet another institution has revised down its 2014 economic growth forecast for South Africa

Media & Advertising

JSE clears Blackstar of alleged insider trading

Times Media Group CEO Andrew Bonamour.  Picture: PUXLEY MAKGATHO
15 hour(s) ago

Blackstar cleared by JSE after accusations it was involved in insider trading

African News

Nigeria guarantees World Economic Forum safety after bomb attack

Burnt buses in a row after Monday’s bomb attack on the outskirts of Abuja, Nigeria. Picture: AFP
14 hour(s) ago

Nigeria says participants at World Economic Forum on Africa will be safe next month in Abuja despite bombing on Monday in which more than 70 people died

Trade & Industry

Sacci trade activity index manages to remain on upside

15 hour(s) ago

‘Marginally improved’ business climate in March helps keep trading conditions in positive territory despite challenging financial conditions

Nick D'Aloisio speaks in London in September 2013. Picture: GETTY IMAGES/ALASTAIR GRANT


Jonathan Ford speaks to Nick D’Aloisio, who came to public attention when at 17 he sold his start-up, Summly, to Yahoo for an estimated $30m


Employment equity report ‘disappointing and superficial’

12 hour(s) ago

Cape Chamber of Commerce and Industry says commission’s 14th report will ‘do little’ to promote real development of human resources


Sydney to get second airport after 50-year wait

Skyscrapers line the waterfront at Darling Harbor in Sydney, Australia.  Picture: THINKSTOCK
12 hour(s) ago

Australia approves $2.4bn project to build long-awaited second airport for Sydney that is likely to boost near-term investment and jobs

Telecoms & Technology

Datacentrix pleased with ‘robust position, sound balance sheet’

15 hour(s) ago

Technology company achieves ‘healthy revenue growth’ of 19% in challenging environment, and reports final dividend of 20.49c per share


Growthpoint eyes Acucap, Sycom stakes

Growthpoint Properties' headquarters in Sandton. Picture: FINANCIAL MAIL
23 hour(s) ago

Property group targets bigger share in planned merged entity


ANC stalls committee probing Nkandla

President Jacob Zuma. Picture: SOWETAN
23 hour(s) ago

Clearest indication yet that the ANC in Parliament will close ranks in the committee to protect Zuma

Land & Agriculture

SA agricultural ‘bridge builder’ Ntombi Msimang dies

Ntombi Msimang. Picture: FINANCIAL MAIL
11 hour(s) ago

Ntombi Msimang, wife of former home affairs director-general Mavuso Msimang and chairwoman of Agri-Sector Unity Forum, dies at family home


LETTER FROM CAPE TOWN: Fishing quotas cannot be used as welfare

1 day(s) ago

There is a real danger of long-term damage being done to the sustainability of the line-fish industry, writes Dave Marrs


Sibanye Gold stalks platinum assets as gold dwindles

Sibanye Gold CEO Neal Froneman. Picture: MARTIN RHODES
1 day(s) ago

CEO says miner hopes to expand its portfolio by the end of this year


Green energy now cheapest

 World Wide Fund for Nature SA Living Planet Unit head Saliem Fakir. Picture: FINANCIAL MAIL
10 hour(s) ago

‘There is no question: renewables are now part of the energy mix’

Land & Agriculture

Competition Tribunal explains Afgri, AgriGroupe merger ruling

12 hour(s) ago

Decision to make deal with companies and government departments a precondition to merger was aimed at ‘allaying public interest concerns’


Pistorius ‘armed himself with sole purpose of killing Reeva’

Murder accused Oscar Pistorius at the High Court in Pretoria on Thursday. Picture: REUTERS
12 hour(s) ago

Prosecutor Gerrie Nel wraps up his five-day cross-examination of murder accused Oscar Pistorius in the High Court in Pretoria

Telecoms & Technology

Business Connexion up more than 5% on interim results

Business Connexion CEO Benjamin Mophatlane. Picture: FINANCIAL MAIL
15 hour(s) ago

Markets react positively to information technology group’s financial results which were boosted by ‘pleasing’ performance by the group’s service’s division

Transport & Tourism

Transnet applies for electricity licence

23 hour(s) ago

State logistics group plans to regenerate 38MW by 2017, mostly using the technology of its new locomotives


Clegg backs art business scholarship

Johnny Clegg. Picture: EUGENE COETZEE
23 hour(s) ago

Musician Johnny Clegg lends his name to a Master of Business Administration scholarship aimed at professionalising the local music and creative industries


EFF poised for victory in Cape, says aspirant leader

Julius Malema. Picture: MARTIN RHODES
22 hour(s) ago

Western Cape Economic Freedom Fighters sets ambitious target of winning 51% of provincial vote and says it is preparing to govern the province

Transport & Tourism

MyCiTi bus route reaches Atlantis

Patricia de Lille. Picture: FINANCIAL MAIL
1 day(s) ago

Western Cape extends its integrated rapid transit system, MyCiTi, to Atlantis, the latest deprived town to get the service

View more


April 15 2014

AUTHOR INTERVIEW: The calamity that is still with us

As a plethora of books on the Great War looms, here is an intelligent, critical assessment, writes Richard Steyn

Arts & Entertainment

ON THE STAGE: Freedom Day in retrospect

1 day(s) ago

Ticket losses are a luxury few theatres can afford, which is why several art exhibitions are offering a critical retrospective on Freedom Day, writes Christina Kennedy


BOOK REVIEW: Chester Missing’s Guide to the Elections ‘14

WHO’S TALKING?: Chester Missing with Conrad Koch. Picture: SUE GRANT-MARSHALL
1 day(s) ago

South Africa’s hottest young political commentator offers a dummy’s guide to the upcoming elections, writes Sue Grant-Marshall

Orlando Pirates coach Vladimir Vermezovic. Picture: GALLO IMAGES/LEFTY SHIVAMBU

Bucs give their fans some hope

Clash with Maritzburg United gives a preview of Nedbank Cup semifinal


Cricket SA must be patient as disaffected seek to undo ICC coup


Seven of the 10 Test-playing nations, the most senior of which is SA, have been bullied into a corner by India, aided and abetted by England and Australia

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FTSE 100 6541.610.00% same
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ASX 5411.500.58% up
S&P 500 1842.9800.68% up
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USD/ZAR 10.55520.05% up
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JPY/ZAR 0.1033-0.31% down
AUD/ZAR 9.88010.11% up
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Gold 1298.9550-0.28% down
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The Third Umpire

Health Minister Aaron Motsoaledi. If he cuts off SA’s nose to spite its face by not allowing private hospitals to train doctors, who is going to sew it on again? We need more doctors, and the state is not delivering.

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Finance Minister Pravin Gordhan, for standing firm when SAA, Eskom and other such state enterprises come begging. If they need to be bailed out, it should be on terms that suit SA, not their managers.

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Massmart CEO Grant Pattison. The timing may not be perfect from shareholders’ perspective, but he is probably moving on at the right time — after achieving most of his goals and before his leadership had become stale.

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  • All Share : 47789.76
    Change: 0.00%
    Top 40 : 42905.65
    Change: 0.00%
    Financial 15 : 13461.07
    Change: 0.00%
    Industrial 25 : 54300.02
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    Resource 10 : 55963.01
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  • FTSE 100 : 6541.61
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    Dow Jones : 16262.56
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    Hang Seng : 22815.05
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    ASX : 5415.10
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  • ZAR/USD : 10.5551
    Change: 0.05%
    ZAR/GBP : 17.6521
    Change: 0.02%
    ZAR/EUR : 14.5853
    Change: 0.06%
    ZAR/JPY : 0.1033
    Change: -0.28%
    ZAR/AUD : 9.8806
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  • Gold : 1299.6550
    Change: -0.23%
    Platinum : 1440.5000
    Change: 0.24%
    Silver : 19.5345
    Change: -0.08%
    Palladium : 794.5000
    Change: 0.70%
    Brent Crude Oil : 109.100
    Change: -0.24%
    All data is delayed by 15 min
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