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FedEx will cut more capacity
FedEx Corporation reported a higher-than-expected quarterly profit on Wednesday as it cut costs.
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FedEx Corporation reported a higher-than-expected quarterly profit on Wednesday as it cut costs.
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Wall Street drops on Fed news
US stocks fell more than one percent on Wednesday after Federal Reserve Chairman Ben Bernanke’s comments on stimulus measures.
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US stocks fell more than one percent on Wednesday after Federal Reserve Chairman Ben Bernanke’s comments on stimulus measures.
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Oil slips after Bernanke’s comments
Oil prices slipped in Asia on Thursday after Federal Reserve chairman Ben Bernanke signalled the US central bank would wind down its stimulus programme later this year.
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Oil prices slipped in Asia on Thursday after Federal Reserve chairman Ben Bernanke signalled the US central bank would wind down its stimulus programme later this year.
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Asian assets hammered on China fears
Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money.
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Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money.
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Dollar steady in Asian trade
The dollar held firm in Asia on Thursday after rallying on comments by the head of the US Federal Reserve.
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The dollar held firm in Asia on Thursday after rallying on comments by the head of the US Federal Reserve.
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Mining: Gold sector pay talks delayed
Wage negotiations in the gold industry, in which the Chamber of Mines will represent member employers, have been postponed to the middle of next month.
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Wage negotiations in the gold industry, in which the Chamber of Mines will represent member employers, have been postponed to the middle of next month.
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Namibia: Lending rate held at 5.5%
Namibia’s central bank kept its main lending rate unchanged at 5.5 percent for the fifth consecutive meeting yesterday, saying inflation was stable but the economy needed guarding from the impact of the euro zone recession.
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Namibia’s central bank kept its main lending rate unchanged at 5.5 percent for the fifth consecutive meeting yesterday, saying inflation was stable but the economy needed guarding from the impact of the euro zone recession.
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Economy is doing well, says Zuma
It’s wrong to believe that investors perceive South Africa in a negative light, President Jacob Zuma has told Parliament.
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It’s wrong to believe that investors perceive South Africa in a negative light, President Jacob Zuma has told Parliament.
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Combes to sell Alcatel assets and cut costs
Alcatel-Lucent chief executive Michel Combes plans to sell at least e1 billion (R13bn) of assets and reduce costs by another e1bn to stem losses and focus on businesses including ultra-high speed internet.
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Alcatel-Lucent chief executive Michel Combes plans to sell at least e1 billion (R13bn) of assets and reduce costs by another e1bn to stem losses and focus on businesses including ultra-high speed internet.
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Feasibility study backs CoAL’s goals
Junior coal producer Coal of Africa Limited (CoAL) has its sights set on becoming the country’s biggest coking coal business through its flagship Makhado project in Limpopo, which is expected to deliver the first production in two years.
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Junior coal producer Coal of Africa Limited (CoAL) has its sights set on becoming the country’s biggest coking coal business through its flagship Makhado project in Limpopo, which is expected to deliver the first production in two years.
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Nedbank funds new R1.7bn mall in Port Elizabeth
Nedbank Corporate Property Finance will be providing funding for the development of a new R1.721 billion regional shopping mall in Port Elizabeth in the Eastern Cape.
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Nedbank Corporate Property Finance will be providing funding for the development of a new R1.721 billion regional shopping mall in Port Elizabeth in the Eastern Cape.
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The world’s dearest coffee is defecated, not decaffeinated
Coffee snobs can now take it to a whole new level. The world’s most expensive cup of coffee is made from beans that are extracted from the excrement of a small animal.
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Coffee snobs can now take it to a whole new level. The world’s most expensive cup of coffee is made from beans that are extracted from the excrement of a small animal.
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Giant mines punish chiefs for deal spree that destroyed value
The largest mining companies traded in London cut pay for their chief executives by an average 23 percent last year, as boards punished several top managers after a wave of failed deals.
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The largest mining companies traded in London cut pay for their chief executives by an average 23 percent last year, as boards punished several top managers after a wave of failed deals.
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MPs take up battle of labour bills today
The battle over changes to labour amendment bills, which provide for limited temporary work arranged by labour brokers but now exclude compulsory strike balloting, are being taken to the floor of the National Assembly today.
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The battle over changes to labour amendment bills, which provide for limited temporary work arranged by labour brokers but now exclude compulsory strike balloting, are being taken to the floor of the National Assembly today.
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Alexander Forbes still in slimming mood
After disposing of a number of operations in Africa and the UK, financial and risk services provider Alexander Forbes said yesterday that it was exploring more offers for other businesses it might put up for sale.
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After disposing of a number of operations in Africa and the UK, financial and risk services provider Alexander Forbes said yesterday that it was exploring more offers for other businesses it might put up for sale.
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‘Suarez has better attitude than Torres’
If Luis Suarez is to stay at Liverpool next season, he’d be just fine – unlike Fernando Torres, says Jamie Carragher.
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If Luis Suarez is to stay at Liverpool next season, he’d be just fine – unlike Fernando Torres, says Jamie Carragher.
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Italy edge out Japan
Sebastian Giovinco tapped in a late goal to secure Italy a thrilling win over Japan and a semi-final berth in the Confed Cup.
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Sebastian Giovinco tapped in a late goal to secure Italy a thrilling win over Japan and a semi-final berth in the Confed Cup.
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Neymar stars as Brazil reach semis
Brazil superstar Neymar set up Brazil’s win over Mexico to all but assure them of a place in the semi-finals of the Confed Cup.
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Brazil superstar Neymar set up Brazil’s win over Mexico to all but assure them of a place in the semi-finals of the Confed Cup.
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Reality is: Proteas choke ... again
Watching the Proteas in semi-finals at major ICC tournaments is like a rerun of a bad reality TV show, says Zaahier Adams.
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Watching the Proteas in semi-finals at major ICC tournaments is like a rerun of a bad reality TV show, says Zaahier Adams.
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Maybe it’s good that I’m going - Kirsten
Coach Gary Kirsten didn’t pull any punches in his assessment of the Proteas’ performance against England.
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Coach Gary Kirsten didn’t pull any punches in his assessment of the Proteas’ performance against England.
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Neymar backs Brazil protests
Brazilian football star Neymar has joined his Selecao teammates in backing escalating social protests across the country.
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Brazilian football star Neymar has joined his Selecao teammates in backing escalating social protests across the country.
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Proteas choked, admits Kirsten
Gary Kirsten has admitted that his team deserved the chokers tag after their defeat in the Champions Trophy semi-final.
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Gary Kirsten has admitted that his team deserved the chokers tag after their defeat in the Champions Trophy semi-final.
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Wimbledon blues for Anderson, De Voest
It has been a bleak pre-Wimbledon week for South Africa's small contingent at the blue riband event of world tennis.
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It has been a bleak pre-Wimbledon week for South Africa's small contingent at the blue riband event of world tennis.
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Proteas wilt against England
Hosts England sauntered into the Champions Trophy final after South Africa 'choked' in yet another semi-final.
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Hosts England sauntered into the Champions Trophy final after South Africa 'choked' in yet another semi-final.
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Sri Lanka will fight - Mathews
Sri Lanka captain Angelo Mathews vowed that his “fighting team” were prepared to put recent history behind them when they face India in the semifinals of the Champions Trophy.
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Sri Lanka captain Angelo Mathews vowed that his “fighting team” were prepared to put recent history behind them when they face India in the semifinals of the Champions Trophy.
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Bafana’s World Cup lifeline
Bafana have been given a glimmer of hope as prospects of qualifying for the 2014 World Cup tip-toe back from the dead.
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Bafana have been given a glimmer of hope as prospects of qualifying for the 2014 World Cup tip-toe back from the dead.
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Schleck to lead RadioShack at TDF
Andy Schleck will lead RadioShack-Leopard on the Tour de France even though he has been struggling with his form for a year.
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Andy Schleck will lead RadioShack-Leopard on the Tour de France even though he has been struggling with his form for a year.
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Kaymer out to end drought
Former world number one Martin Kaymer is out to end his 19 month-long slump when the BMW International Open.
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Former world number one Martin Kaymer is out to end his 19 month-long slump when the BMW International Open.
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Carroll signs for West Ham
Andy Carroll has completed a permanent switch from Liverpool to West Ham on a six-year deal and for a club record fee.
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Andy Carroll has completed a permanent switch from Liverpool to West Ham on a six-year deal and for a club record fee.
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Boks make three changes
Springbok coach Heyneke Meyer named his team to play Samoa in the final of a four-nation tournament at Loftus.
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Springbok coach Heyneke Meyer named his team to play Samoa in the final of a four-nation tournament at Loftus.
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Miller, Kleinveldt lift Proteas
SA were bowled out for 175 in 38.4 overs after being sent in to bat by England in the Champions Trophy semifinal.
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SA were bowled out for 175 in 38.4 overs after being sent in to bat by England in the Champions Trophy semifinal.
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Boks give De Villiers time
Springbok captain Jean de Villiers must prove his fitness by Friday or he will be replaced by 20-year-old sensation Jan Serfontein.
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Springbok captain Jean de Villiers must prove his fitness by Friday or he will be replaced by 20-year-old sensation Jan Serfontein.
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Bartoli withdraws from Estbourne
France's Marion Bartoli withdrew before her second-round match at the Eastbourne International because of a viral infection.
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France's Marion Bartoli withdrew before her second-round match at the Eastbourne International because of a viral infection.
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Liverpool closing in on Sevilla winger
Liverpool expect to sign the 20-year-old winger Luis Alberto from Seville for around £6m.
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Liverpool expect to sign the 20-year-old winger Luis Alberto from Seville for around £6m.
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Igesund wants to stay on
Gordon Igesund’s mandate was to the semifinals of the 2013 African Nations Cup and to qualify the team for the 2014 World Cup.
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Gordon Igesund’s mandate was to the semifinals of the 2013 African Nations Cup and to qualify the team for the 2014 World Cup.
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Man killed in three-car smash
A man was killed and four people were injured in an accident involving three vehicles, Gauteng paramedics have said.
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A man was killed and four people were injured in an accident involving three vehicles, Gauteng paramedics have said.
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We got our sorry asses co-opted
The ANC is a creation of the intelligentsia, not the trash-talking, faeces-throwing looters we see today, says Mandla Zibi.
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The ANC is a creation of the intelligentsia, not the trash-talking, faeces-throwing looters we see today, says Mandla Zibi.
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Obama pushes Moscow on nuclear weapons
US President Barack Obama used his Berlin speech to pressure Russia to revive the push for a world without nuclear weapons.
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US President Barack Obama used his Berlin speech to pressure Russia to revive the push for a world without nuclear weapons.
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Virus sickens dozens at Yellowstone
Two of America's premier national parks have issued health advisories about the highly contagious norovirus.
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Two of America's premier national parks have issued health advisories about the highly contagious norovirus.
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Domestic worker saves woman from fire
A Pretoria domestic worker rescued her employer's 92-year-old mother from a burning garden flat, according to a report.
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A Pretoria domestic worker rescued her employer's 92-year-old mother from a burning garden flat, according to a report.
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Armed men steal dog from SPCA
Three armed men reportedly threatened a guard at a Tshwane SPCA branch with a gun before fleeing with a bull terrier.
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Three armed men reportedly threatened a guard at a Tshwane SPCA branch with a gun before fleeing with a bull terrier.
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UN chief outraged by Mogadishu attack
Ban Ki-moon says the UN won’t be deterred by the “despicable” attack on its compound in Somalia’s capital.
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Ban Ki-moon says the UN won’t be deterred by the “despicable” attack on its compound in Somalia’s capital.
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Police presence ahead of Malema appearance
Two police Nyalas and at least 10 police cars gathered around the Polokwane Magistrate's Court ahead of a case involving Julius Malema and four others.
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Two police Nyalas and at least 10 police cars gathered around the Polokwane Magistrate's Court ahead of a case involving Julius Malema and four others.
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SA men killed in Somali blast
At least two South Africans were killed in an attack on the UN compound in Mogadishu, Somalia.
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At least two South Africans were killed in an attack on the UN compound in Mogadishu, Somalia.
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Zuma: Guptas are my friends
President Zuma has refused to distance himself from the Gupta family, saying he can be friends with whomever he chooses.
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President Zuma has refused to distance himself from the Gupta family, saying he can be friends with whomever he chooses.
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Dad freed 10 years after false rape claim
A man who spent 10 years in jail after his daughter falsely accused him of rape says he forgives her for the lie.
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A man who spent 10 years in jail after his daughter falsely accused him of rape says he forgives her for the lie.
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MEC lays into lazy teachers
Lazy and uncaring teachers should be fired, KZN Education MEC Senzo Mchunu said.
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Lazy and uncaring teachers should be fired, KZN Education MEC Senzo Mchunu said.
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Marchers cross police line in Brazil
Brazilian police have used teargas against protesters outside a stadium hosting a Confederations Cup soccer game.
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Brazilian police have used teargas against protesters outside a stadium hosting a Confederations Cup soccer game.
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Al-Shabaab fighters claim blitz on UN base
Two South African contractors were among the dead after an attack on the UN compound in Mogadishu.
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Two South African contractors were among the dead after an attack on the UN compound in Mogadishu.
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Malema is back in court
Julius Malema’s fraud and corruption trial is expected to resume in the Polokwane Magistrate's Court.
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Julius Malema’s fraud and corruption trial is expected to resume in the Polokwane Magistrate's Court.
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Protector probes botched circumcisions
Deputy public protector Kevin Malunga will help probe the issues surrounding botched circumcisions.
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Deputy public protector Kevin Malunga will help probe the issues surrounding botched circumcisions.
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Rights body welcomes jogger ruling
A court ruling dismissing a review application by Police Minister Nathi Mthethwa in a matter involving a Cape Town jogger was welcomed by the Centre for Constitutional Rights.
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A court ruling dismissing a review application by Police Minister Nathi Mthethwa in a matter involving a Cape Town jogger was welcomed by the Centre for Constitutional Rights.
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Zuma ‘knows nothing’ of Gaddafi billions
President Jacob Zuma has insisted that he knows nothing about billions of dollars reportedly cached in South Africa by former Libyan dictator Muammar Gaddafi.
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President Jacob Zuma has insisted that he knows nothing about billions of dollars reportedly cached in South Africa by former Libyan dictator Muammar Gaddafi.
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Top Taylor ally found in Sierra Leone
A notorious arms supplier and top associate of former Liberian President Charles Taylor has been living freely in Sierra Leone's capital city.
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A notorious arms supplier and top associate of former Liberian President Charles Taylor has been living freely in Sierra Leone's capital city.
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Afghans blast US over Taliban office
Afghan officials accused the United States of breaking written assurances that a new Taliban office in Qatar would not be used as a de facto diplomatic mission.
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Afghan officials accused the United States of breaking written assurances that a new Taliban office in Qatar would not be used as a de facto diplomatic mission.
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