The IEA says Opec+ will face a challenge in 2020 as demand for their crude is expected to fall sharply, with prospects of a supply cut increasing

BUSI MAVUSO: SAA shareholders need to support board’s turnaround plan

The union’s wage dispute is not a policy dispute, and as such the shareholder representative should not be called in to help save the national airline

SAA extends the cancellation of domestic flights to next week

The industrial action over wages and retrenchments could cost the airline R50m a day and tip it into bankruptcy

ANC Conference 2017

GARETH VAN ONSELEN: SA’s prevailing and potent political idiocy

Our world is now the ANC’s world — a sad, obscure and obtuse little planet, intellectually dead and in which the best we can do is hope those with power will do just enough to avoid junk status, ...

Is SEB to join the long list of Nordic banking scandals?

Shares of Sweden’s SEB plunged after being contacted by the public broadcaster on plans to include it in a programme about dirty money

Technology can boost credit ratings, says Moody’s

Technology will in future play a leading role in improving a country’s economic and fiscal position

Brics leaders rail against destruction of multilateralism

In a joint declaration issued on the second day of the Brics summit in Brasília leaders rail against trade protectionism

Pakistan vaccinating millions against typhoid superbug

The new vaccine is the last chance to control the drug-resistant bug that has already infected some 11,000 people and risks spreading internationally

Louis Oosthuizen leads after opening-round charge at ‘Africa’s Major’

Birdie blitz does the trick for Louis

Pop music sound and vision 2020: enter the ‘AItiste’

The number of teen producers are rising amid an encroachment by artificial intelligence and a shift in how fans relate to their idols or ‘AIdols’

Telkom confirms it wants to acquire embattled Cell C

3 hours ago

Telkom has been investing heavily to beef up its mobile operations, but there are no shortage of suitors for SA’s third-largest mobile operator

Refiloe Mokoena, Sars head of legal, has been fired

A disciplinary hearing found her guilty of serious misconduct and she was dismissed with immediate effect

National

13 minutes ago

SAA extends the cancellation of domestic flights to next week

The industrial action over wages and retrenchments could cost the airline R50m a day and tip it into bankruptcy

National

2 hours ago

Platinum sector wage deal with Amcu is finally inked

Negotiations started in June when the union initially demanded increases as high as 48%

National / Labour

2 hours ago

Tribunal to probe Steinhoff and Kap for alleged cartel conduct

KAP Diversified and Sonae Arauco are accused of agreeing to increase prices for wood-based panel products at the same time

Companies / Industrials

2 hours ago

GENEVIEVE QUINTAL: Is Mkhwebane an agent for Zuma, or just lawless?

The public protector is making dogged attempts to extract information from Sars but her agenda is difficult to discern

Opinion / Columnists

BL PREMIUM

SAA is not too big to fail, says Pravin Gordhan

Public enterprises minister says tough decisions could be made for cash-strapped national airline

National

5 hours ago

Spazas in battle to keep big guns from their turf

Lucrative township economies becoming the site of a contest for market share

Business

BL PREMIUM

Bathabile Dlamini returns to help solve social housing issues

In 2018 the Constitutional Court found the former social development minister liable for 20% of the legal costs incurred over the SA Social Security Agency ...

National

5 hours ago

Petrol price increase likely in December, says AA

The rand/dollar exchange rate is largely to blame

National

3 hours ago

Pepkor hit by R1.2bn writedown as building market contracts

The writedown of its Building Company could result in earnings falling by about a third, due to a slowdown in the market

Companies / Retail & Consumer

7 hours ago

JSE kept subdued by gold’s slide

Global sentiment has been boosted by comments by US officials suggesting progress in US-China talks, but that is weighing on safe-haven assets

Markets

4 hours ago

Trematon Capital gets valuation boost from education venture

The group’s INAV per share rose 11% to R5.21 in its year to end-August, partially due to an upwards valuation of its education business

Companies / Financial Services

1 hour ago

BRIAN KANTOR: Low US rates are the joker in the pack

Low interest rates have helped drive the US equity market higher as competition from the money and bond markets has fallen away

Opinion / Columnists

BL PREMIUM

BUSI MAVUSO: SAA shareholders need to support board’s turnaround plan

The union’s wage dispute is not a policy dispute, and as such the shareholder representative should not be called in to help save the national airline

Opinion

4 hours ago

Fighting for survival, local cement producers lobby for protection

Local cement companies have applied for designation so that product used in government projects is sourced locally

Companies / Industrials

9 hours ago

BL PREMIUM

Rand on track for week two of gains amid US-China deal hopes

A US official stoked hopes on Thursday that the US and China are closing in on a partial trade deal, to the benefit of risk assets

Markets

5 hours ago

Accelerate Property Fund to sell Edcon warehouse for R94m

The company is seeking to sell R2.5bn in noncore assets to either pay down debt or buy back shares

Companies / Property

5 hours ago

WE ARE HIRING: Business writers

Here's your chance to join the team at one of SA's most innovative publishers

National

JONNY STEINBERG: Neither DA nor ANC able to outgrow racial nationalisms

The force that could achieve this transcendence would harness a cross-party grouping that would take SA forward

Opinion / Columnists

BL PREMIUM

Jonny Steinberg Columnist

Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.

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NEWS ANALYSIS: SAA runs out of options and strike could finally finish it off

NATASHA MARRIAN

Politically, there is no appetite to bailout SAA, and there is simply no money to do so without further compromising state finances

TOM EATON: How good a pal is a pal who sends you to a ‘shithole’ country to make nice?

Tom Eaton

Donald Trump’s newly appointed ambassador to SA, Lana Marks, is all enthusiasm and positivity, insisting that Trump ‘totally believes in Ramaphosa’, writes Tom Eaton

GILLIAN TETT: What may be better at predicting a recession than an inverted yield curve?

Gillian Tett

The Bank for International Settlements suggests financial cycle metrics, such as the debt service ratio, property prices and credit spreads, are better for predicting recessions than the yield curve

SAA tells strikers: no work, no pay

Carol Paton

Airline cancels all domestic, regional and international flights scheduled for Friday and Saturday

View all >

Oil prices fall on rising supply but expected lower 2020 demand

Markets

1 hour ago

WATCH: Stock Pick — Walt Disney

Markets

4 hours ago

JSE kept subdued by gold’s slide

Markets

4 hours ago

Record S&P 500 finish on Thursday push Asian markets up

Markets

5 hours ago

Rand on track for week two of gains amid US-China deal hopes

Markets

5 hours ago

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