• Tuesday, May 21 2013
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Economy

‘Urgent’ for SA to project positive story about its economy

Finance Minister Pravin Gordhan, centre, delivers his budget speech on behalf of the Treasury on Tuesday.  Picture: TREVOR SAMSON
3 hour(s) ago

SA needs to find balanced, fair and socially responsible solutions to its labour relations problems, Finance Minister Pravin Gordhan tells National Assembly

Americas

Oklahoma lowers tornado death toll amid frantic search

Storm chaser photographer Brad Mack records a tornado near a home in South Haven, Kansas on Monday. A massive storm front hammered central US with tornadoes, including a twister that struck near Oklahoma City. Picture: REUTERS
3 hour(s) ago

Emergency workers search for survivors in rubble of homes, schools and hospital in Oklahoma town hit by massive tornado

Labour

Guards fire rubber bullets at strikers at chrome mine

2 hour(s) ago

Ten miners taken to hospital after security guards fire rubber bullets at stone-throwing workers striking illegally at chrome mine owned by German group Lanxess

Economy

Fall in leading indicator shows economy under pressure

Picture: THINKSTOCK
7 hour(s) ago

Reserve Bank’s leading indicator of business activity falls in March for first time in eight months, with commodity export prices biggest drag

National

Cape Town scores double victory on Winelands toll road

Picture: FINANCIAL MAIL
7 hour(s) ago

Western Cape High Court grants City of Cape Town an interdict to prevent Sanral implementing proposed toll road, orders road agency to provide documents

Markets

Rand breaks through R9.60/$ on sentiment

Picture: REUTERS
3 hour(s) ago

Rand slides to lowest levels against dollar in four years as investor confidence sees sell-off in bonds

Americas

Dimon keeps JPMorgan chairman title after bruising battle

Jamie Dimon, chairman and CEO of JPMorgan Chase & Co. Picture: REUTERS
1 hour(s) ago

Shareholders let JPMorgan Chase & Co CEO Jamie Dimon keep his chairman title by even greater margin than last year

National

Police insist ‘sufficient’ public order officers were present at Marikana

Picture: SUNDAY TIMES
2 hour(s) ago

Maj-Gen Charl Annandale testifies commanders in charge felt police had deployed sufficient officers, despite opposing testimony by police trainer

Storm chaser photographer Brad Mack records a tornado near a home in South Haven, Kansas on Monday. A massive storm front hammered central US with tornadoes, including a twister that struck near Oklahoma City. Picture: REUTERS

IN PICTURES: Deadly twister flattens US town

A 3km-wide tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 24 people, destroying entire tracts of homes and trapping two dozen schoolchildren beneath rubble

Columnists

Palesa Morudu promo

Franschhoek Literary Festival is a meeting place to contemplate the history and future of the written word in SA, writes Palesa Morudu

Prodigal daughters meet in Franschhoek

Columnists

Market analysts seem to have been proven correct in forecasts that this week would be a difficult one, writes Ntsakisi Maswanganyi

Looming wage talks weigh on rand

Transport & Tourism

Gautrain fares to rise, bus fares unchanged

ALL ABOARD: Commuters wait to catch   the Gautrain  at Johannesburg's Rosebank station. Picture: DANIEL BORN
5 hour(s) ago

Rail service fares to rise an average of 6% in June, with 9% increase for airport service, while supporting bus fares remain unchanged

Europe

Ireland denies it is to blame for Apple’s low tax rate

IRISH PRESENCE: A sign at the offices of Apple Operations International, a subsidiary of Apple, Hollyhill, Cork, in the south of Ireland. Picture: REUTERS
5 hour(s) ago

US Senate says Apple paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries

Land & Agriculture

Concern over time allowed to comment on marine bill

Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson. Picture: TREVOR SAMSON
6 hour(s) ago

Academics, environmentalists concerned about public participation process for Marine Living Resources Amendment Bill, say it contains ‘inconsistencies’ on rights

National

Arrested pensioner’s counsel faces uphill battle in Constitutional Court

Picture: THINKSTOCK
5 hour(s) ago

Counsel for Jack Coetzee, the pensioner who was arrested when he would not stop at a police roadblock, tries to persuade court that arrest was unlawful

Companies

Sasol plans office behemoth in Sandton

An artist’s impression of Sasol’s planned new office complex in Sandton, which will be one of South Africa’s biggest to date.
13 hour(s) ago

Petrochemicals giant consolidating Gauteng offices into new building that will be among the country’s largest private, single-tenanted office developments

Atul Gupta, centre, and Rajesh Gupta, left, at the ANC ’s elective conference in Mangaung in December last year.  Picture: SUNDAY TIMES

EDITORIAL: Ethics needed in word and in deed

Credibility is something that is earned, not inherited along with the levers of state power

National

Upgrade to Plettenberg Bay airport road finally complete

2 hour(s) ago

Robberg road will be main entry point to upgraded Plettenberg Bay Airport, which hopes to introduce flights to Johannesburg shortly

National

Concern over bill aligning public service

Public Service Minister Lindiwe Sisulu. Picture: PUXLEY MAKGATHO
11 hour(s) ago

All 1.6-million individuals in public service will need to be retrained should a bill to align all three spheres of government be passed, says minister

National

Zimbabwe’s plea for poll cash must go to Sadc, says Gordhan

Finance Minister Pravin Gordhan. Picture: ARNOLD PRONTO
7 hour(s) ago

Any request for money from Zimbabwe for its elections must be directed to the Southern African Development Community, says Finance Minister Pravin Gordhan

Telecoms & Technology

Reunert keeps eye on ‘rigorous cost control’ as earnings fall

6 hour(s) ago

Headline earnings per share fall 15% on 8% decline in revenue, primarily due to revenue declines at CBI-electric and Nashua

Industrials

Phaswana appointed as co-chairman at Mondi

3 hour(s) ago

Standard Bank chairman Fred Phaswana joins international packaging and paper group Mondi to replace Cyril Ramaphosa

African News

Obama to embark on first major African tour in June

US President Barack Obama. Picture: REUTERS
7 hour(s) ago

US President Barack Obama to visit South Africa, Senegal and Tanzania, but politics appears to have dashed any hope of him reconnecting with his Kenyan roots

Business

Black business to seek ruling on BEE limits

Black Business Council CEO Xolani Qubeka. Picture: SOWETAN
13 hour(s) ago

Black Business Council will test the Treasury’s prohibition of ‘set-asides’ for black-owned firms in awarding government contracts

Science & Environment

Kirstenbosch strikes gold again at Chelsea

Dave Davidson and Raymond Hudson
7 hour(s) ago

Golden day for South Africa as Kirstenbosch National Botanical Garden entry scoops 33rd gold medal at prestigious Chelsea Flower Show

View more

Cartoons

May 21 2013

Health

Ugly picture of the beauty industry

STOP LICKING: if you are an average user of lipstick, you may ingest about 24 milligrams of the product a day. If you reapply lipstick or lip gloss frequently, you could ingest as much as 87 milligrams each day. Picture: THINKSTOCK
38 minute(s) ago

Research shows ingestion of lip products could cause toxic metal exposure, blogs Marika Sboros

Books

Putting a much-needed smile into S&M

HORSEPLAY: Jassy Mackenzie likes to ride horses or cycle when the going gets tough, because it ‘frees your brain’. Picture: ARNOLD PRONTO
15 hour(s) ago

Folly has chastisement, satisfying romantic sex and excellent writing from a seasoned crime writer, writes Sue Grant-Marshall

All Share 41815.361.79% up
Top 40 37302.582.07% up
Financial 15 12000.901.42% up
Industrial 25 47656.811.47% up
Resource 10 47000.853.42% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
FTSE 100 6803.870.71% up
Dow Jones 15421.670.56% up
All Share 41815.361.79% up
ASX 5156.200.00% same
S&P 500 1672.1500.35% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
USD/ZAR 9.55961.36% up
GBP/ZAR 14.48750.62% up
EUR/ZAR 12.33341.38% up
JPY/ZAR 0.09320.91% up
AUD/ZAR 9.37601.23% up
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank
Gold 1376.5550-1.18% down
Platinum 1460.5000-1.65% down
Silver 22.4550-1.72% down
Palladium 747.00000.54% up
Brent Crude Oil 103.950-0.81% down
All data is delayed by 15 min.
Data supplied by I-Net Bridge
Standard Bank

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Type in a share code or part of a company’s name in the Company Lookup box, then select the company name from the list of results and click Go to view its tearsheet with share data, news and more.
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Opinion Poll

Burger King has opened its first South African outlet in Cape Town. Will you support it?

Calendar

African Bank African Bank interims
Barloworld Barloworld interims
Evraz Highveld Evraz Highveld Steel & Vanadium Q1 financial results and AGM.
Vodacom Vodacom finals
Pioneer Foods Pioneer Foods interims
Netcare Netcare interims
Protech Protech Khutele finals
View more

The Third Umpire

National Union of Mineworkers general secretary Frans Baleni. As predicted by the Third Umpire last month, wage demands have gone doolally tap, with the union wanting increases of up to 60%. Good luck with that.

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Cosatu general secretary Zwelinzima Vavi, for his tortured logic at a launch event in Kimberley at the weekend that saw him ultimately and speciously manage to blame big business for xenophobic attacks.

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One of China’s four vice-premiers, Wang Yang, for bravely pointing out irritating habits of Chinese tourists, including “talking loudly in public, jay walking, spitting and carving characters on items in scenic zones”.

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  • All Share : 41815.36
    Change: 1.79%
    Top 40 : 37302.58
    Change: 2.07%
    Financial 15 : 12000.90
    Change: 1.42%
    Industrial 25 : 47656.81
    Change: 1.47%
    Resource 10 : 47000.85
    Change: 3.42%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6803.87
    Change: 0.71%
    Dow Jones : 15421.67
    Change: 0.56%
    Hang Seng : 23366.37
    Change: 0.00%
    ASX : 5156.20
    Change: 0.00%
    S&P 500 : 1672.150
    Change: 0.35%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5597
    Change: 1.36%
    ZAR/GBP : 14.4884
    Change: 0.62%
    ZAR/EUR : 12.3334
    Change: 1.38%
    ZAR/JPY : 0.0932
    Change: 0.91%
    ZAR/AUD : 9.3760
    Change: 1.23%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1376.5550
    Change: -1.18%
    Platinum : 1460.5000
    Change: -1.65%
    Silver : 22.4550
    Change: -1.72%
    Palladium : 747.0000
    Change: 0.54%
    Brent Crude Oil : 103.950
    Change: -0.81%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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