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7 things you need to know today
We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa and the rest of the world.
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We take a look at the latest business news this morning and top stories from our newsrooms across SA, Africa and the rest of the world.
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Jaguar Land Rover makes record loss as diesel sales slump
JLR racked up a record loss owing to various factors, but the company insists things are starting to improve.
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JLR racked up a record loss owing to various factors, but the company insists things are starting to improve.
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Pioneer shares hit by 14% drop in earnings
Pioneer Foods plummeted more than 15 percent in early trade on the JSE after the packaged goods company reported a 14 percent decline in earnings.
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Pioneer Foods plummeted more than 15 percent in early trade on the JSE after the packaged goods company reported a 14 percent decline in earnings.
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Huawei slams suspension of Andriod service, says US will lag behind in 5G deployment
Huawei Technologies said it was ready and willing to engage with the United States government to come up with effective measures to ensure product security.
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Huawei Technologies said it was ready and willing to engage with the United States government to come up with effective measures to ensure product security.
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Axed Fedusa boss George urges affiliates to take up AYO shares
Axed Federation of Unions of SA general secretary Dennis George yesterday spoke out against his dismissal.
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Axed Federation of Unions of SA general secretary Dennis George yesterday spoke out against his dismissal.
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Rhodes Food interim operating profit rises 6% to R173m
Rhodes Food on Tuesday reported an improved performance for the six months to March.
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Rhodes Food on Tuesday reported an improved performance for the six months to March.
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#PICInquiry: Lancaster 101 was nothing more than a one-man show
Lancaster 101, owned by businessman and former trade unionist Jayendra Naidoo approached the Public Investment Commission for R10.4billion.
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Lancaster 101, owned by businessman and former trade unionist Jayendra Naidoo approached the Public Investment Commission for R10.4billion.
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WATCH: Rand trades steady overnight
Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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Get the latest market update and top stories from our newsrooms across South Africa, Africa and the world.
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US eases trade restrictions on Huawei
The US government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimising disruption for customers.
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The US government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimising disruption for customers.
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OPINION: Golden Rules of Email Marketing
Since many people are dealing with a flood of messages every day, an email must capture attention within a short time.
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Since many people are dealing with a flood of messages every day, an email must capture attention within a short time.
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Richemont reports a 27% rise in its sales
Swiss luxury group Richemont's share price rose more than 4percent on the JSE.
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Swiss luxury group Richemont's share price rose more than 4percent on the JSE.
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SA must embrace wind of power generation change
Energy Minister Jeff Radebe must have been smoking his socks last week when he stood before an audience of local and foreign business people.
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Energy Minister Jeff Radebe must have been smoking his socks last week when he stood before an audience of local and foreign business people.
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Liberty Holdings under ‘strict discipline’ to manage expenses
Liberty Holdings’ new insurance business volumes remained under pressure in the first three months of 2019.
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Liberty Holdings’ new insurance business volumes remained under pressure in the first three months of 2019.
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Huawei could be stripped of Google services, but only on new smartphones
Huawei could lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with US government restrictions.
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Huawei could lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with US government restrictions.
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Negative sentiment haunts shares and the rand
The last 10 trading days on domestic and global financial markets were from the worst this year.
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The last 10 trading days on domestic and global financial markets were from the worst this year.
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Transaction Capital continues on its growth path
Every time Transaction Capital reports results, I want to kick myself that I didn't buy the share yet writes Amelia Morgenrood.
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Every time Transaction Capital reports results, I want to kick myself that I didn't buy the share yet writes Amelia Morgenrood.
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OPINION: Keeping an eye on competitors is vital for business
Identifying your business’ competitive advantage during the planning stage is not enough to ensure longevity in today’s commercial landscape.
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Identifying your business’ competitive advantage during the planning stage is not enough to ensure longevity in today’s commercial landscape.
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Uasa celebrates status as South Africa's oldest surviving trade union
The United Association of South Africa (Uasa) on Friday night celebrated 125 years of involvement in the labour market.
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The United Association of South Africa (Uasa) on Friday night celebrated 125 years of involvement in the labour market.
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Bata SA calls on creative and innovative youth to their Youth "Board" of Directors
Bata South Africa is calling all creative and innovative youth, between the ages of 8 and 16 years to be a part of the company's Youth "Board" of Directors.
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Bata South Africa is calling all creative and innovative youth, between the ages of 8 and 16 years to be a part of the company's Youth "Board" of Directors.
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Archer in England's World Cup squad as Willey and Denly miss out
Jofra Archer's late bid for an World Cup place was rewarded when the Sussex fast bowler was named in hosts England's 15-man squad
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Jofra Archer's late bid for an World Cup place was rewarded when the Sussex fast bowler was named in hosts England's 15-man squad
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Elton proves his worth again
The Lions’ flyhalf has started every match of the campaign, scoring 103 points for his team.
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The Lions’ flyhalf has started every match of the campaign, scoring 103 points for his team.
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Wallabies hooker Latu stood down over drink driving charge
Rugby Australia's integrity unit probed a media report last week that Latu was discovered sleeping in his vehicle.
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Rugby Australia's integrity unit probed a media report last week that Latu was discovered sleeping in his vehicle.
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Motorsport world sadden by the passing of legend Niki Lauda
Ferrari on Tuesday said it was "deeply saddened" by the death of Austrian driver Niki Lauda who won two world championships with the Italian constructor.
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Ferrari on Tuesday said it was "deeply saddened" by the death of Austrian driver Niki Lauda who won two world championships with the Italian constructor.
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South Africa handsomely placed to land a berth in inaugural ATP Cup in Australia
South Africa, by virtue of Kevin Anderson's world No 8 ranking, are handsomely placed to land a berth in the inaugural 24-nation ATP Cup.
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South Africa, by virtue of Kevin Anderson's world No 8 ranking, are handsomely placed to land a berth in the inaugural 24-nation ATP Cup.
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People need to stop acting like Folau got sacked for being Christian
Folau’s religious views became a subject of much controversy last year, when an Instagram follower asked him what God’s plan for homosexuals was.
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Folau’s religious views became a subject of much controversy last year, when an Instagram follower asked him what God’s plan for homosexuals was.
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Murray plays down his chances of playing singles at Wimbledon
The Scot has not played since his first-round exit from the Australian Open in January, but said last month he was finally pain-free after a hip operation.
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The Scot has not played since his first-round exit from the Australian Open in January, but said last month he was finally pain-free after a hip operation.
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Bulls must maul Brumbies’ forwards
If the Bulls can neutralise the Brumbies’ pack of forwards and their dangerous driving mauls, half the battle will be won in Canberra on Friday.
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If the Bulls can neutralise the Brumbies’ pack of forwards and their dangerous driving mauls, half the battle will be won in Canberra on Friday.
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A story of fire and ice: Niki Lauda, Formula One legend
On fire in a burning cockpit: Formula One legend Niki Lauda, who died late on Monday at the age of 70, will forever be known for his 1976 accident.
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On fire in a burning cockpit: Formula One legend Niki Lauda, who died late on Monday at the age of 70, will forever be known for his 1976 accident.
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New Zealand Rugby probes abuse claims against Crusaders
ZR chief rugby officer Nigel Cass described the allegations as "very serious" and said a lawyer had been engaged to investigate them.
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ZR chief rugby officer Nigel Cass described the allegations as "very serious" and said a lawyer had been engaged to investigate them.
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Williams hopeful he will make Bafana Afcon squad
“I am looking forward to the squad announcement, hopefully when they make the announcement, I’ll be there,” Williams said.
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“I am looking forward to the squad announcement, hopefully when they make the announcement, I’ll be there,” Williams said.
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Sharks’ Ruan Botha joins SA exodus
The Sharks continue to haemorrhage star players with the news yesterday from the UK that London Irish had signed lock Ruan Botha.
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The Sharks continue to haemorrhage star players with the news yesterday from the UK that London Irish had signed lock Ruan Botha.
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Wallabies great George Smith retires
The veteran Australian flanker, who made his Super Rugby debut for the ACT Brumbies in 2000 and went on to win 111 Test caps.
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The veteran Australian flanker, who made his Super Rugby debut for the ACT Brumbies in 2000 and went on to win 111 Test caps.
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Caster Semenya to race 3,000m at Diamond League's Prefontaine
wo-time Olympic champion Caster Semenya will race the 3,000 meters at the Diamond League Prefontaine Classic on June 30.
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wo-time Olympic champion Caster Semenya will race the 3,000 meters at the Diamond League Prefontaine Classic on June 30.
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Former F1 champion Niki Lauda dies at 70
Legendary Formula One driver Niki Lauda has died at the age of 70, his family said in a statement released to Austrian media early on Tuesday.
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Legendary Formula One driver Niki Lauda has died at the age of 70, his family said in a statement released to Austrian media early on Tuesday.
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Asamoah Gyan retires in protest of Ghana coach’s Afcon plan
Asamoah Gyan made his international debut at the age of 17 against Somalia in 2003.
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Asamoah Gyan made his international debut at the age of 17 against Somalia in 2003.
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Pitso: I share this PSL award with Micho
“Benni (McCarthy of Cape Town City) has also done very well – it is his first year, but he still has a long way to go.”
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“Benni (McCarthy of Cape Town City) has also done very well – it is his first year, but he still has a long way to go.”
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Cricket World Cup Profile: Afghanistan could cause a few upsets
Since 2014, Afghanistan beaten Bangladesh thrice, Sri Lanka once and West Indies three times. Can the Afghans do it again, wonders Ashfak Mohamed.
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Since 2014, Afghanistan beaten Bangladesh thrice, Sri Lanka once and West Indies three times. Can the Afghans do it again, wonders Ashfak Mohamed.
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PSG say Kylian Mbappe ‘story will continue next season’
“I tell myself that even if I lose, I lose to Messi, one of the greatest players in history,” he told AFP.
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“I tell myself that even if I lose, I lose to Messi, one of the greatest players in history,” he told AFP.
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Crusaders ask Cape photographer for ‘full account’ of incident at McDonald’s
“This is not over and we will not be silenced.”
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“This is not over and we will not be silenced.”
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PHOTO ESSAY: Appeal for donations after fire razes 100 shacks in Masiphumelele
More than 200 residents from Masiphumelele were left salvaging and picking up building material after their shacks were destroyed in a fire.
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More than 200 residents from Masiphumelele were left salvaging and picking up building material after their shacks were destroyed in a fire.
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The roles, powers and influence of Africa's First Ladies
We believe there should be constitutional clarity and accountability on the formal role, powers and functions of First Ladies, say the writers.
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We believe there should be constitutional clarity and accountability on the formal role, powers and functions of First Ladies, say the writers.
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Mother, son and two teens die in PE shack fire
Four people, including a mother and her 8-year-old child, died after a fire broke out at a shack in Malabar, Extension 6 in Port Elizabeth.
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Four people, including a mother and her 8-year-old child, died after a fire broke out at a shack in Malabar, Extension 6 in Port Elizabeth.
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Charity to sponsor prosthetic leg for teen in Stenin contest winner's photo
A charity connected to the Russian Spartak football club will foot the bill for a prosthetic leg for 13-year-old Iraqi soccer lover Qassem Qadim.
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A charity connected to the Russian Spartak football club will foot the bill for a prosthetic leg for 13-year-old Iraqi soccer lover Qassem Qadim.
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#JacobZuma supporters face crisis: Organisers say no money for food, transport
Organisers have told supporters that there is no money for food and buses and that they would only provide transport for the last day of Jacob Zuma's hearing.
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Organisers have told supporters that there is no money for food and buses and that they would only provide transport for the last day of Jacob Zuma's hearing.
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GOOD party chairperson steps down after being 'sidelined'
GOOD national chairwoman Nthabiseng Lephoko has accused party leader Patricia de Lille of choosing Shaun August over her for an MP position.
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GOOD national chairwoman Nthabiseng Lephoko has accused party leader Patricia de Lille of choosing Shaun August over her for an MP position.
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16 farm owners have applied for interdicts against BLF land invasions
Sixteen farm owners have so far applied for interdicts to stop the Black First Land First from occupying farmland of which five have been granted.
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Sixteen farm owners have so far applied for interdicts to stop the Black First Land First from occupying farmland of which five have been granted.
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WATCH: Quick-thinking Durban driver expertly evades armed hijackers
A quick-thinking driver escaped unharmed from the clutches of two hijackers on Musgrave Road on the Berea on Monday.
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A quick-thinking driver escaped unharmed from the clutches of two hijackers on Musgrave Road on the Berea on Monday.
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Man, 40, shot dead in driveway in Yellowwood Park
Rescue Care Paramedics arrived on the scene around 7pm to find the community members trying to perform CPR on the man.
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Rescue Care Paramedics arrived on the scene around 7pm to find the community members trying to perform CPR on the man.
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How an app is set to tackle groping, molesting in Japan
A Tokyo police smartphone app to scare off molesters has become a smash hit in Japan, where women have long run the gauntlet of groping on trains.
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A Tokyo police smartphone app to scare off molesters has become a smash hit in Japan, where women have long run the gauntlet of groping on trains.
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Red faces as Holocaust era photo passed off as Crimean Tatars deportation
The Ukrainian embassy in the US passed off a photo depicting the deportation of Jews to an extermination camp in Nazi-occupied Poland during the Holocaust era as the deportation of the Crimean Tatars in 1944, the Russian embassy in Washington noted.
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The Ukrainian embassy in the US passed off a photo depicting the deportation of Jews to an extermination camp in Nazi-occupied Poland during the Holocaust era as the deportation of the Crimean Tatars in 1944, the Russian embassy in Washington noted.
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Why the African Union should not go easy on Sudan’s coup leaders
Sudan could become increasingly unstable, with negative spillovers for neighbouring states, says the writer.
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Sudan could become increasingly unstable, with negative spillovers for neighbouring states, says the writer.
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Mom and three children die in Khayelitsha blaze
A mother and her three children died in a fire in Khayelitsha on Tuesday morning, the City of Cape Town reported.
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A mother and her three children died in a fire in Khayelitsha on Tuesday morning, the City of Cape Town reported.
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Indonesia's Joko Widodo re-elected president, rival cries foul
Early results in Indonesia's election showed Joko Widodo was re-elected leader of the world's third-biggest democracy.
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Early results in Indonesia's election showed Joko Widodo was re-elected leader of the world's third-biggest democracy.
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Why the lights went out in Durban today
The Central Business District of Durban experienced an electricity blackout on Tuesday.
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The Central Business District of Durban experienced an electricity blackout on Tuesday.
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The war drums are beating and Trump is the drummer
The US, under President Donald Trump, poses a clear and present danger to the notion of peaceful coexistence among nations and civilisations.
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The US, under President Donald Trump, poses a clear and present danger to the notion of peaceful coexistence among nations and civilisations.
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Christchurch shooter charged with terrorist act
New Zealand police have charged the man accused of murder in shootings at two Christchurch mosques with engaging in a terrorist act, they said.
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New Zealand police have charged the man accused of murder in shootings at two Christchurch mosques with engaging in a terrorist act, they said.
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US eases trade restrictions on Huawei
The US government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimising disruption for customers.
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The US government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimising disruption for customers.
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Brexit politician vows to press charges after being hit with milkshake
Nigel Farage said he would press charges after becoming the latest pro-Brexit politician to be ‘milkshaked’.
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Nigel Farage said he would press charges after becoming the latest pro-Brexit politician to be ‘milkshaked’.
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Young people must become actively involved in shaping SA's future
The recent boycott of the elections by eligible young South Africans places the country on a slippery road to a bleak future for our developing nation
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The recent boycott of the elections by eligible young South Africans places the country on a slippery road to a bleak future for our developing nation
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