• Wednesday, November 25 2015
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Transport & Tourism

SAA in limbo as Treasury mulls Airbus deal change

Nhlanhla Nene. Picture: TREVOR SAMSON
6 hour(s) ago

Board’s intention to restructure transaction led to collapse of previous agreement with Airbus, triggering contractual fees for SAA

Transport & Tourism

COMMENT: A feeble attempt at deflection

6 hour(s) ago

SAA’s litigation a diversion — ‘technically insolvent’ airline has R14.5bn in state guarantees, and now needs billions more from taxpayers

Financial Services

Sanlam gets new African springboard

6 hour(s) ago

Moroccan-based insurance business Saham gives Sanlam access to markets in 26 other African and Middle Eastern countries


Reform of retirement savings to go ahead

6 hour(s) ago

ANC determined to push matter through while finance committee whip points out members of provident funds can get a tax deduction and take home more pay


Eskom’s interim profit up 22% despite load shedding

Eskom CEO Brian Molefe. Picture: MARTIN RHODES
12 hour(s) ago

CEO says gains will be hard to repeat in second half


Judges grill department over Limpopo textbook failures

7 hour(s) ago

Appeal court ‘struggles to understand’ state’s case in failure of the Basic Education Department to deliver textbooks to schools in Limpopo

African News

Rift between terrorists fuelled Mali attacks

French soldiers leave the Radisson hotel in Bamako, Mali, on Friday. Picture: REUTERS
57 minute(s) ago

Al-Qaeda has watched Islamic State poach its recruits, woo allies in West African nation, it reasserted its presence in attack at Radisson Blu hotel

Reserve Bank

EDITORIAL: Recession moot with GDP at 0.7%

GDP figure does not offer much comfort — the economy is stagnant and unable to create jobs


Social struggles and tensions demand discussion about which system will best deliver greatest benefits to the most people, writes Xhanti Payi

Let us stop name-calling and reflect on values


Events such as SA-UK Seasons show off country’s willingness to face up to its myriad challenges and ‘hug the cactus to make tequila’, writes Marvin ...

A season of SA art abroad changes narrative


Unions endorse Ramaphosa

Deputy President Cyril Ramaphosa. Picture: GCIS
6 hour(s) ago

Cosatu affiliates back Deputy President Cyril Ramaphosa to lead the alliance from 2017

Financial Services

Banks oppose regulation plans

6 hour(s) ago

Banking Association SA says Treasury’s system to regulate banks far too intrusive and gives regulators too much power


SA skirts recession but remains in doldrums

6 hour(s) ago

Slow pace of growth blamed on persistent weakness in global commodity prices, lower demand, a drought and slowdown in China


Obama and Nato seek to cool Russian-Turkish tension over downed jet

A burning Russian fighter jet falls after being shot down near the Turkish-Syrian border on Tuesday. Picture: AFP PHOTO
28 minute(s) ago

The Syrian war is becoming increasingly dangerous, as the need for a united front against Islamic State creates uneasy alliances

SINGLE FILE:  People queue in Polokwane to file their income tax returns by the deadline. The writer says the annual rituals of the budget bear no resemblance to how economists say taxes should work. Picture: SOWETAN

Budgets bypass pillars of taxation

Economists would design an evidence-based taxation system, writes Tim Harford


France, Belgium widen probe into Paris attacks

A general view of the scene shows rescue service personnel working near the covered bodies outside a restaurant following a shooting incident in Paris on Friday. Picture: REUTERS
1 hour(s) ago

French prosecutors say man who provided lodging to suspected ringleader must have known of plot, Belgium issues warrant for new suspect


Botswana seeks to expedite nickel deal

Mineral Resources Minister Mosebenzi Zwane speaks during a visit to Harmony Gold's Doornkop Mine on Tuesday.  Picture: GCIS
6 hour(s) ago

Nickel a central platform Botswana’s government will use to diversify its economy away from diamonds


ArcelorMittal soars after parent’s underwriting offer

Paul O'Flaherty. Picture: MARTIN RHODES
6 hour(s) ago

Shares up 47% after firm’s Luxembourg-based parent signals willingness to increase stake in South African operation


Behind the scenes as former HP chief seeks US presidency

US Republican presidential candidate Carly Fiorina, centre, greets diners in Plymouth, New Hampshire, earlier this month. Picture: REUTERS/BRIAN SNYDNER
6 hour(s) ago

Best and worst of Carly Fiorina’s leadership at HP her biggest credential in Republican presidential nomination race, writes Michael Barbaro


Omnia slides as mining drags profit down

Omnia MD Rod Humphris. Picture: MARTIN RHODES
6 hour(s) ago

Diversified chemical firm’s mining division drags heavily on the bottom line, while agriculture and chemicals divisions perform well

Middle East

Death toll from attack in Sinai Peninsula rises to seven

Men in orange jumpsuits purported to be Egyptian Christians held captive by the Islamic State kneel in front of armed men along a beach said to be near Tripoli, in this still image from an undated video made available on social media on Sunday. Picture: REUTERS
35 minute(s) ago

Egyptian health ministry says gun, bomb attack claimed by Islamic State has left seven dead, two were judges who had overseen voting in parliamentary elections


SacOil beset by legal issues, but maintains focus on Africa projects

Oil. Picture: REUTERS
6 hour(s) ago

Forensic investigation confirms irregularities in Congo licence bids as legal proceedings in Nigeria continue


Chicago charges white policeman with black teen’s death

36 minute(s) ago

Policeman charged with murder, hours before authorities release long-awaited video that shows youth walking away from officers as he is shot 16 times

Retail & Consumer

Krispy Kreme targets malls for its South African venture

3 hour(s) ago

Global doughnut and coffee group opens the first of 31 South African stores with local partners Fournews and John & Gerry’s Brands


Putin rages as Turkey shoots down Russian fighter jet

A burning Russian fighter jet falls after being shot down near the Turkish-Syrian border on Tuesday. Picture: AFP PHOTO
19 hour(s) ago

Russian leader calls incident ‘a stab in the back committed by accomplices of terrorists’ as Turkey calls emergency Nato meeting to stop repeated violations of its airspace


Internal documents detail internal lapses at Takata

ROCKY ROAD: Technician Edward Bonilla holds a recalled Takata air bag inflator after he removed it from a Honda Pilo. The yellow circular device is the airbag inflator. The head of Japan’s Takata’s head Corpsaid an internal probe into its potentially deadlyair bag inflators was not progressing well, but vowed to stay at the helm until trust in the safety of its products was restored. Picture: REUTERS
21 minute(s) ago

Employees at company raised concerns internally about misleading testing reports on air bags that later became prone to explosions


UnionPay, Apple reach Apple Pay agreement for China, say sources

UnionPay's logo is seen at a cashier at a shopping mall in Changzhi, in China's Shanxi province, in this June 3 2010 file photo.   Picture: REUTERS
56 minute(s) ago

China’s largest payment and clearing network and Apple reach preliminary agreement to introduce Apple Pay through UnionPay’s point-of-sales network


Formation of European risk fund muted

Two girls from a refugee family are greeted with gifts from concerned Germans as they arrived at the train station in Munich,  Germany, on Monday. Picture: AFP PHOTO/ANDREAS GEBERT
2 hour(s) ago

Source close to French economy minister says Franco-German fund to pay for security, border controls, caring for refugees may be set up within weeks


IEC close to finalising electoral system overhaul

MARK THE SPOT: A voter casts his vote at Boitshoko Secondary School polling station in Ikageng, Tlokwe, during a by-election in August this year. Picture: SOWETAN/SUNDAY WORLD
7 hour(s) ago

The R5m revamp will change how polls are conducted


Spat over declarations escalates as ANC calls for public apologies from DA

ANC parliamentary spokesman Moloto Mothapo. Picture: ANNA MAJAVU/SOWETAN
18 hour(s) ago

ANC pushes for DA MPs to make public apologies, be reprimanded for failing to make submissions in time, but DA compares campaign to ‘political hit squad’

Retail & Consumer

Pioneer Foods warns of tough times ahead, despite growth of earnings

DIRE SITUATION: A drought-affected maize crop is seen near Paris, Missouri. Picture: REUTERS
6 hour(s) ago

Firm sees pressures ahead from subdued local economy and increased competition in the sector

Nelson Mandela and Fidel Castro. Picture: MARTIN RHODES

Leaders who ask for trust, trust others

Creating trust is urgent to stimulate productivity and economic growth, and enable SA to fulfil its potential, writes Mark Turpin


Beukes raises money for children’s book charity

BESTSELLER: Novelist Lauren Beukes.
6 hour(s) ago

Johannesburg event is on November 26 for Book Dash, a nongovernmental organisation that creates open-licensed books


The truth lets you free in reputation management

Andrew Boraine. Picture: FINANCIAL MAIL
6 hour(s) ago

Attitudes of humour, level-headedness, a strong social conscience and an authentic approach go a long way towards winning back public trust, writes Vanessa Rogers


The man bringing tourists to Durban

Phillips Sithole. Picture: SUPPLIED
6 hour(s) ago

Tourism head Phillip Sithole works tirelessly to make Durban a must-visit destination, including township tourism and Commonwealth Games, writes Nce Mkhize

Opinion & Analysis

Every business should make reading their business

6 hour(s) ago

You’d think case for reading was so compelling that every business in SA would make it their business, but few do because benefits accrue to society as a whole, writes David Harrison


How to read your baby’s smile

6 hour(s) ago

Researchers say the grin on your baby’s face provides clues to their social and emotional development

Opinion & Analysis

BEE MATTERS: Unlock skills funds for tertiary education

6 hour(s) ago

Enough money would be raised to oversubscribe amount needed for tertiary education tenfold, writes Gideon Gerber


Executive intends taking flag to unimagined heights

Thabang Skwambane. Picture: SUPPLIED
6 hour(s) ago

Advertising prodigy Thabang Skwambane likens SA Tourism account to ‘playing for your country’, writes Sue Grant-Marshall


Four things to do before asking for an increase

20 hour(s) ago

Four steps toward acknowledging your self-worth and proving your value

India's Virat Kohli celebrates after India won the semi-final match against South Africa in the ICC Twenty20 World Cup at the Sher-E-Bangla National Cricket Stadium in Dhaka on Friday. Picture: REUTERS

India lose openers before lunch in third Test

Captain Virat Kohli has no hesitation in opting to bat first after winning toss at VCA Stadium in third Test against SA


Mitchell has a foot in WP door

7 hour(s) ago

Former All Black coach John Mitchell clinches final details of a three-year contract with Stormers

Other Sport

Anger as Budler omitted from annual awards

7 hour(s) ago

Boxing promoter Rodney Berman spits venom at omission of SA’s only dual world champion, Hekkie ‘The Hexecutioner’ Budler, from annual South African Sports Awards


Glory in Senegal to put Rivaldo in Rio

AMBITIOUS: Rivaldo Coetzee is aiming for Rio 2016. Picture: GALLO IMAGES/ASHLEY VLOTMAN
7 hour(s) ago

Rising star Rivaldo Coetzee set to make a name for himself should the U-23s reach Rio 2016


Champions League showdowns: who need to win

Manchester United's Wayne Rooney. Picture: REUTERS
7 hour(s) ago

Rooney and Martial boost for United while pressure mounts on Real’s Benitez


Steyn likely out of the series, but Kohli is unfazed either way

India’s Virat Kohli encourages the fans during their World Cup match against Pakistan in Adelaide on Sunday. India play SA on Sunday. Picture: AFP PHOTO, WILLIAM WEST
7 hour(s) ago

Indian captain Virat Kohli plays down likely loss of ace bowler Dale Steyn of Proteas


Tinkler pegs next leg for Buccaneers

Eric Tinkler. Picture: GALLO IMAGES/DUIF DU TOIT
7 hour(s) ago

Buccaneers coach predicts Etoile will be a lot more offensive at home and ‘it’s going to be very hard to break them down’


Day-night Test trial as cricket seeks to lure spectators back

New Zealand's Hamish Rutherford. Picture: AFP
7 hour(s) ago

Administrators pointing to dwindling crowds and outdated scheduling as they attempt to move the Test format into the 21st century

JSE Sens

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