• All Share : 50507.59
    UNCHANGED0.00%
    Top 40 : 3738.95
    UNCHANGED0.00%
    Financial 15 : 15605.51
    UNCHANGED0.00%
    Industrial 25 : 61994.65
    UNCHANGED0.00%

  • ZAR/USD : 10.9681
    UP 0.19%
    ZAR/GBP : 17.2152
    UP 0.04%
    ZAR/EUR : 13.6792
    UP 0.13%
    ZAR/JPY : 0.0931
    UP 0.16%
    ZAR/AUD : 9.3609
    DOWN -0.07%

  • Gold : 1198.5550
    DOWN -0.21%
    Platinum : 1221.5000
    UP 0.12%
    Silver : 16.6190
    DOWN -0.20%
    Palladium : 795.0000
    UP 0.89%
    Brent Crude Oil : 78.440
    UP 0.14%

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Ketso Gordhan out in the cold?

News that Darryll Castle has withdrawn his name from the list of nominees for a new PPC board has prompted speculation that he may be a compromise candidate for the CEO position.

Pricey cloud of smoke over BAT

A fine imposed recently on British American Tobacco (BAT) by the UK government, linked to claims of international smuggling, raises further concern about its global business practices.

Anti-Israeli campaign aims at Woolworths AGM

Woolworths shareholders Nadia Hassan, Marthie Momberg, Alan Horwitz and Muhammed Desai will this week take the campaign against the retailer's sales of Israeli products to the company's annual general meeting.

Property sales peak as buyers splash out

Some of South Africa's biggest real-estate companies achieved record sales last month as pent-up demand from local buyers spurred sales.

Reprieve for battling consumers

Further interest rate hikes are likely to be delayed until the second half of next year, given the significantly improved inflation outlook brought about by a sharp plunge in international oil prices, coupled with tepid growth in the economy.

Put pedal to the metal or stall, Ford boss warns SA

A week after professional services firm EY warned that South Africa needed to quicken its alignment with trading blocs in Africa to benefit from investment interest, Ford Motor Company South Africa CEO Jeffrey Nemeth and US under-secretary for economic growth, energy and the environment Catherine Novelli reiterated that competitor trading bloc development around the world was accelerating.

Bird flu boon for SA companies

Christmas has come early for Astral and RCL (formerly Rainbow) with the rather grim news that bird flu has re-emerged once more in Europe.

Suddenly for Telkom CEO it's about sharing and caring

Investment TimeTelkom should not be the whipping boy of the telecoms industry, says CEO

Sasol chairman meets shareholder activist

Sasol's new chairman, Mandla Gantsho, had his first tense encounter on Friday with shareholder activist Theo Botha.

Full steam ahead for resurgent Transnet

Would Transnet Freight Rail CEO Siyabonga Gama have joined the state-owned rail company if he had known how tough the job would be?

We made costly errors - Telkom CEO

Sipho Maseko concedes that Telkom was slow to see that it could no longer rely on voice as a source of revenue.

Pity JSE resources, blown to bits by oil

This week, people unlucky enough to be invested in resources would have been forgiven for gnashing their teeth down to the bone.

Dear Corruption Watch: Private sector is not untainted

Dear Corruption Watch, I'm confused about what constitutes corruption in the private sector. The definition of corruption normally cites the abuse of public money or political power.

'Naked chef' kitchens may help to end violence

Leading French chefs, including the head cook at the Élysée Palace, are calling for an end to the culture of violence that they say is a stain on the kitchens of the country's top restaurants.

Strong cash boost helps reverse slide at Edcon

Edcon, the country's largest apparel retailer, has improved its performance for the quarter with good cash sales and increased profitability. Credit sales growth - traditionally the group's mainstay - was lower.

More hotel rooms on the way as foreign investors pile in

The oversupply of Cape Town hotels that has depressed the industry since the 2010 World Cup appears to have ended. At least 11 hotel projects are now being planned with an estimated 2102 rooms in total.

Mr Price coins it as others tighten the taps

Retailers that rely on cash rather than credit continue to outshine their peers, and none more so than Mr Price. With its value fashion offering, first-half profit jumped 23% to R921-million for the period ending September 27.

Memoir raises $5.5 million to stitch together your digital photos

In the era of avid smartphone photography, one app is trying to capitalize on an oft-forgotten reason we take pictures: for the memories.

Government's belt tightening hits Tsogo Sun

South Africa's biggest hotel and gaming group, Tsogo Sun, had a tough six months. Its share price was 7% down by the close of trade on Thursday when results were released.

Following in the footsteps of SA's greats

Engineering equipment group Invicta may be the next South African company to make its mark abroad. CEO designate and deputy CEO Charles Walters talks about his plans

In a jam over nutting much

JP Morgan has been immortalised by the bank that still carries his name, Armani will leave a fashion legacy and Enzo Ferrari lent his name to one of the world's great car marques.

Pay or this croc will eat you up

Italian police have revealed an enormous collection of animals confiscated from jailed or arrested mafia bosses.

Coastal residents fear mining impact

It is almost a year since mining began at Tormin's mineral sands project about an hour and a half from Vredendal on the West Coast. So far there's little sign of the R1-billion per year of activity that the provincial economy was promised.

Communities left in the dark over MRC allegations

The contract with GMA Garnet Group of Australia involves shipping tens of thousands of tons of garnets each month to China through Saldanha.

Africa's Ebola victims suffer as two worlds fall apart

Brisbane and Freetown have nothing in common, and the 17500km distance between the cities in Australia and Sierra Leone is the least of their differences.

Mobile apps mean cash no longer king

The increase in mobile apps that allow people to pay for services and merchandise without needing hard cash or bank cards means that more people are able to run their lives with just their cellphones.

Electronic spending bonanza

It will be music to retailers' ears that South Africa and other African countries are moving away from cash to electronic payments, a trend that increases security and could boost sales.

Lauren Beukes - author of her own success story

Lauren Beukes is one of South Africa’s most successful writers. ‘The Shining Girls’, about a time-travelling serial killer, has won several international awards and is being adapted into a movie by Leonardo DiCaprio’s company. Her most recent novel, ‘Broken Monsters’, is set in Detroit. She tells Adele Shevel why R2 000 spent on sleep-training her baby was her best investment ever.

Nedbank expected to merge corporate and capital units

In Nedbank's second shake-up in fewer than six months, following the resignation of the highly rated Ingrid Johnson, speculation is that Nedbank's capital and corporate divisions will merge.

Makro goes online locker, stock & barrel

Makro announced last week that it had entered into a partnership with Sasol to build e-commerce "lockers" on the fuel retailer's forecourts.
Andal Ampatuan Jr. (R), a local mayor of Maguindanao province, stands in chains as he is heavily guarded by agents of the National Bureau of Investigation (NBI) in Manila December 18, 2009, before being escorted to the Department of Justice.  Ampatuan Jr. will appear for preliminary investigations into accusations that he led the massacre of 57 people, including journalists and relatives of his political rivals, last month in the southern Philippines.  REUTERS/Roi Azure (PHILIPPINES - Tags: POLITICS CIVIL UNREST CRIME LAW)

'Simpsons' creator helps save gay bull

An Irish bull destined for the slaughterhouse because he appears to be gay has been saved after a campaign supported by the co-creator of The Simpsons , animal rights activists said this week.

Telkom snub shows battle ahead

Telkom's recent attempts to muscle in on Joburg residents' plans to establish data networks to their homes show just how much pressure the fixed-line telecoms provider is under when it comes to finding lucrative new avenues for growth.

New phone system aims to set SA afire

The smartphone world is divided almost on religious lines between those who use handsets running Google's Android operating system and those using Apple's iOS.

Fear drives Facebook to invade workplace

I felt so naughty joining a fledgling site called Facebook in 2005. I had been invited to join this mysterious digital club by a university pal.

This ad agency had trouble finding a grandma who hadn’t smoked pot

One of this week’s viral video sensations is a video of grandmas smoking marijuana for the first time, and discussing their experiences on camera.

Mills headache doesn't sour Tiger on Nigeria

Nigeria is still the right strategic opportunity for Tiger Brands even though the company has had to impair its latest investment in the country - a 63.5% stake in Dangote Flour Mills.

Stock market leaps on China rate-cut surprise

South African share prices soared more than 3% on Friday, led by mining and tracking global markets after China, a major commodity consumer, cut interest rates to spur growth.

Inspired by old hat from the emperor

The South Korean chicken mogul who bought one of Napoleon's famous two-pointed hats sees the French emperor as a guiding spirit for modern entrepreneurs.

Benefits to SA economy

IN the first six months of mining on the West Coast, Tormin generated revenue of $11.1-million (about R121.7-million) and reported profit of $1.5 million.

Resolving to do more with less in 2015

With Christmas almost upon us, the thoughts of the nation are gradually being diverted to the goodwill and joy of the festive season.

Band Aid fails to heal tax scourge

By reviving a catchy 30-year-old ditty in time to target the maudlin Christmas crowd, Band Aid 30 might pull off the seemingly impossible and make some ageing pop stars look relevant.