• Tuesday, July 29 2014
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Top Companies 2014

Economy

Unemployment up from 25.2% to 25.5% in second quarter

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

Agriculture and formal sector jointly lost 63,000 jobs but private households added 60,000 jobs and informal sector created 43,000 jobs

Transport & Tourism

Sanral tries to keep Cape toll details secret

Picture: THINKSTOCK
10 hour(s) ago

SA National Roads Agency will ask court to grant secrecy application, which will allow it keep details of proposed tolling of N1 and N2 highways confidential

Labour

Employers at odds over strike settlement

Irvin Jim. Picture: PUXLEY MAKGATHO
10 hour(s) ago

End to month-long strike welcomed amid fears that the full picture of its negative effect on economy is still to emerge

Mining

Petra’s second-largest shareholder sells two thirds of its stake in miner

Petra Diamonds CEO Johan Dippenaar. Picture: FINANCIAL MAIL
1 hour(s) ago

Awal Bank places 43-million shares with UK and international institutions at a discount of 12% to the stock’s Monday close

Economy

SA to push for 15-year Agoa term

Trade and Industry Minister Rob Davies. Picture: TREVOR SAMSON
10 hour(s) ago

Africa Growth and Opportunity Act has generated ‘enormous goodwill’ between African countries and the US, says Trade and Industry Minister Rob Davies

Mining

Exxaro buy lifts its coal export capacity

Picture: THINKSTOCK
10 hour(s) ago

Exxaro has doubled its ability to export coal through the privately owned Richards Bay Coal Terminal through its $472m acquisition of Total Coal SA

Markets

Rand weaker despite Numsa halting strike

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

Local currency softer despite news National Union of Metalworkers of South Africa strike has ended, analysts expect unit to be in limbo until US ‘data deluge’ begins

Politics

New code will ban MPs from deals with state

ANC chief whip Stone Zisani. Picture: TREVOR SAMSON
8 hour(s) ago

News of the new code follows reports detailing extensive business interests of President Jacob Zuma and his family, as well as those of a number of Cabinet ministers

Picture: THINKSTOCK

All CEOs not created equal — nor are they equally valuable

CEO remuneration needs to be curtailed for the majority of undeserving business leaders who ride on the broad shoulders of blue-collar workers and middle management, writes Simon Mantell

Columnists

Tony Leon promo

The phrase ‘the absence of evidence is not evidence of absence’ is a handy guide for present events contending for attention, writes Tony Leon

Absence of evidence does not prove innocence

Columnists

Nomalanga Mkhize

Criticism of inequality in the arts sector should not consist of simplistic pity narratives, writes Nomalanga Mkhize

More to arts and money debate than a pity party

Law & Constitution

Unions argue SANDF may not discriminate against HIV-positive recruits

Picture: SUNDAY TIMES
52 minute(s) ago

High court hears about ‘blanket exclusion’ of HIV-positive recruits from South African National Defence Force through health tests

Middle East

Israel bombs home of Hamas political leader

Mourners carry the bodies of Palestinian children, whom medics said were killed in an Israeli air strike that destroyed a house they were staying at, during their funeral in Khan Younis in the southern Gaza Strip on Tuesday. Picture: REUTERS
49 minute(s) ago

Israeli tanks knock out Gaza’s only power plant and the local energy authority says initial damage assessments suggest the plant may be out of action for a year

Politics

Nkandla ‘to test Parliament’

Pierre de Vos. Picture: TREVOR SAMSON
11 hour(s) ago

Re-establishing the ad hoc committee on Nkandla will test Parliament’s credibility in how it carries its constitutional mandate to hold the executive arm of government accountable

Financial Services

Executives want more global guidance on tax planning

Picture: DAILY DISPATCH
9 hour(s) ago

Survey shows participants favour greater co-operation by tax authorities to eradicate base erosion and profit shifting, writes Amanda Visser

African News

US relief workers contract ebola

LATEST VICTIM: Dr. Kent Brantly, left, (L) of Samaritan's Purse relief organisation is shown in this undated handout photo provided by Samaritan's Purse, wearing personal protective equipment as he cares for Ebola patients at the case management centre on the campus of ELWA Hospital in Monrovia, Liberia.  Brantly, a 33-year-old American doctor working for a relief organisation in Liberia's capital, has tested positive for the tropical disease Ebola on Saturday. Picture: REUTERS
11 hour(s) ago

Two us citizens are being treated for ebola in Liberia and the country shut some border crossings as the worst outbreak of the disease on record spread to Nigeria

Picture: SUNDAY TIMES

EDITORIAL: SABC staff need protecting

We have to express a grave concern for the narrowing space in which journalists at the SABC have to work

Asia-Pacific

Chinese regulator announces anti-monopoly probe of Microsoft

Picture: MARTIN RHODES
15 minute(s) ago

Regulator says it is conducting an anti-monopoly investigation into Microsoft over Windows operating system, in latest in growing number of competition probes

Europe

Kiev battles for funds as war hits revenue

LOYALTY: A woman poses with a Ukrainian, left, and a Russian passport outside a government, where she received a Russian passport, in the Crimean city of Simferopol last Monday. Picture: REUTERS
11 hour(s) ago

Russia’s aggression takes its toll, write Lina Kushch, Elizabeth Piper and Natalia Zinets

Labour

Sentech workers strike for 13th cheque

Picture: FINANCIAL MAIL
9 hour(s) ago

Company has been locked in negotiations with CWU in a bid to resolve impasse, while strike could disrupt the signal services Sentech provides

Politics

Former MEC to face ANC panel over fraud claims

Brian Hlongwa. Picture: MOHAU MOFOKENG/SOWETAN
8 hour(s) ago

ANC Gauteng chief whip Brian Hlongwa will explain to its integrity committee his alleged involvement in a R1.4bn tender fraud

Mining

Accident shuts Northam shaft for weeks

Mine worker.  Picture: EPA
7 hour(s) ago

Northam Platinum cut production in half at its key producing mine after a large weight fell down a shaft, shutting it for up to six weeks

Energy

Office park will sell solar power to City of Cape Town

Picture: THINKSTOCK
7 hour(s) ago

Small, renewable energy projects in South Africa are starting to supplement the limited coal-fired power available from Eskom and the municipalities

African News

Mozambique turns to coal exports despite competition

Picture: THINKSTOCK
11 hour(s) ago

Mozambique is still counting on raising coal exports to expand its infrastructure and drive economic growth, despite depressed global prices

Retail & Consumer

Needy benefit as foreign hunters sell game meat cheaply

Adri Kitshoff , CEO of the Professional Hunters Association of SA. Picture: ROBERT TSHABALALA
7 hour(s) ago

Professional hunters are selling game meat resulting from trophy hunts to butchers at a fraction of the price of traditional meat such as mutton and beef

Europe

Deutsche Bank pretax profit rises as markets focus pays off

Deutsche Bank. Picture: MARTIN RHODES
8 minute(s) ago

Deutsche Bank AG’s bid to become ‘last man standing’ in European investment banking is working, bank says, even as threat intensifies of costly litigation

Health

If you want to fight germs, make a fist

Picture: THINKSTOCK
10 hour(s) ago

Fist bumps are more hygienic than handshakes and drastically reduce the risk of spreading infectious diseases, researchers have found

Europe

London’s famed ‘gherkin’ on sale for £650m

The Gherkin, a glass tower in London. Picture: BBC
2 hour(s) ago

Most ‘iconic office tower’ in the City’s skyline goes on sale after German property firm IVG Immobilien becomes frustrated at attempts to restructure debt

Cricket

Philander and Tahir make a Test to remember

South Africa's captain Hashim Amla (bottom C), Morne Morkel (L), Dale Steyn (bottom R) and AB de Villiers (top R) pose with teammates and the trophy after winning  the Test cricket series against Sri Lanka in Colombo on Monday. Picture:  REUTERS/DINUKA LIYANAWATTE
9 hour(s) ago

Proteas heroes keep the Sri Lankans at bay to win the series and reclaim the top ranking in the world

National

US expands initiative to train leaders in Africa

LONG GAME: US President Barack Obama has tried to debunk the critique that being a reluctant  warrior is a weakness. Picture: AFP PHOTO
7 hour(s) ago

Barack Obama says his country is expanding an initiative to develop and train political and economic leaders in Africa, including South Africa

Education

Colleges probed over ‘irregularities’

Blade Nzimande. Picture: TREVOR SAMSON
8 hour(s) ago

Department to spend as much as R10m probing four technical and vocational education and training colleges over procurement irregularities and nepotism

National

Validity of Congo coup trial is questioned

LEFT BEHIND: A DRC rebel fighter collects bullets from the floor at a military barracks abandoned earlier this week by fleeing government soldiers after rebels captured the town of Goma. Picture: REUTERS
11 hour(s) ago

Trial of men accused of plotting to overthrow DRC president postponed because the lawyer representing 14 of the accused is challenging the constitutionality of the charges

Politics

Government says it has ‘turned the corner’ on Limpopo crisis

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

Moves are under way to restore the province’s authority, by replacing the Section 100 notices that put five provincial departments under administration with less invasive measures

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Cartoons

AWARD WINNING: Eben Venter, author of Wolf, Wolf.  Picture: SUE GRANT-MARSHALL

AUTHOR INTERVIEW: Dying father dominates novel

Wolf, Wolf, tackles other issues too, from porn addiction to xenophobia, writes Sue Grant-Marshall

Books

BOOK REVIEW: Kruger, Kommandos & Kak

Picture: THINKSTOCK
11 hour(s) ago

Chris Ash, a Scotsman married to an Afrikaner woman, rewrites the lore of the Boer, writes Maarten Mittner

Arts & Entertainment

ON THE STAGE: Monty Python’s Spamalot

Picture: THINKSTOCK
11 hour(s) ago

South Africans will have the trademark Python humour right on their doorstep in the Joburg Theatre’s production of Monty Python’s Spamalot, writes Christina Kennedy

Books

BOOK REVIEW: The Ties that Bind

Picture: THINKSTOCK
11 hour(s) ago

Praba Moodley tells the story of a secret murder between friends in the days of violence that marked the end of apartheid, writes Sue Blaine

Books

BOOK REVIEW: Driving Honda

Picture: THINKSTOCK
11 hour(s) ago

Jeffrey Rothfeder makes a strong case for Honda’s supremacy without getting too technical, writes Andrew Hill

South Africa's captain Hashim Amla (bottom C), Morne Morkel (L), Dale Steyn (bottom R) and AB de Villiers (top R) pose with teammates and the trophy after winning  the Test cricket series against Sri Lanka in Colombo on Monday. Picture:  REUTERS/DINUKA LIYANAWATTE

Philander and Tahir make a Test to remember

Proteas heroes keep the Sri Lankans at bay to win the series and reclaim the top ranking in the world

Opinion

Proteas rely on guts and Amla-led enjoyment to reclaim top spot

Vernon Philander. Picture: REUTERS/DINUKA LIYANAWATTE

With all hope of victory long gone, SA’s dramatic fight for survival was better value for viewing time than many of their triumphs

 
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Numsa strike ends

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The Third Umpire

Amplats CEO Chris Griffith. Dealt a poor hand by the extended platinum strike, his focus on improving productivity is in the best interests of shareholders and — even if they don’t realise it — union members too.

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Capsule Technologies founder Megan Verkuil. The company's solar-powered computer may not be pretty but will fill a niche in Africa and help to close the technological gap that disadvantages rural people.

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Blitzboks coach Neil Powell, whose charges defeated New Zealand in the Commonwealth Games sevens rugby final at the weekend to bring home the gold. Just reward for consistency and hard work over a number of years.

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