Business Day (South Africa) articles from April 2010

Business Day (South Africa) archives from April 2010

Robust banks not immune to global vagaries.
April 30, 2010... Byline: Nick Wilson THE BOTTOM LINE COLUMN Robust banks not immune to global vagaries BANK shares shouldered a big portion of the sell-off on the JSE on Wednesday, but the sector index clawed back some of its losses to close more than 1,2%...

Irish Flame is hot favourite with punters.
April 30, 2010... Byline: David Mollett Irish Flame is hot favourite with punters DAVID MOLLETT Racing Editor IRISH Flame, a son of Durban July winner Dynasty, is being backed to topple the favourite, Pierre Jourdan, in tomorrow's R1,5m SA Derby at...

The Insider.
April 30, 2010... Cape property valuations barely cause a ripple WITH the deadline for objections to the updated Cape Town municipal property valuation roll expiring today, the city council has been urging ratepayers to speak up or forever hold their peace. ...

Sense prevails.
April 30, 2010... Sense prevails Cautious approach to bank reform is welcome AS DEMOCRATS and Republicans continue to battle it out in the US Senate over legislation to regulate the financial sector, our own regulators continue their measured approach to the...

Lekota's desperate measure.
April 30, 2010... Lekota's desperate measure COPE president has set up a lose-lose situation THIS newspaper has maintained consistently that many of the Congress of the People's (COPE's) numerous teething problems would have been resolved by now had it opted to...

Film.
April 30, 2010... Byline: PHILLIP ALTBEKER Film INCREDIBLE as its claim to partial authenticity may seem, the amusingly subversive THE MEN WHO STARE AT GOATS is based on actual experiments conducted by the US army in its attempts to find nonlethal weapons of...

Champion of South African fashion industry is on the ball.(Company overview)
April 30, 2010... Byline: Doug Gordon Champion of South African fashion industry is on the ball Never one to miss a trick, Dr Precious Moloi-Motsepe is using the World Cup and the Global Forum to showcase local designers to the international elite, writes THE...

Soccer City's 74 000-seat headache.
April 30, 2010... Byline: Mninawa Ntloko Soccer City's 74 000-seat headache Football bosses fear Nedbank Cup upset may leave World Cup venue empty at grand opening MNINAWA NTLOKO Sports Editor APPREHENSIVE soccer bosses will be on the edge of their seats...

Improving the performance of SA's state-owned utilities.
April 30, 2010... Byline: Anton Eberhard and Grove Steyn Public enterprises Anton Eberhard and Grove Steyn Improving the performance of SA's state-owned utilities SA's major infrastructure industries in electricity, transport and telecommunications are...

Something about these new toilets really stinks.
April 30, 2010... Byline: Aubrey Matshiqi Something about these new toilets really stinks THERE is so much happening in South African politics, most of it sheer silliness, that I am beginning to think our politicians are fighting for space in this column. As...

Summit is first step to fix higher education.
April 30, 2010... Byline: PETER VALE Summit is first step to fix higher education AT LAST week's summit on higher education, held at the Cape Peninsula University of Technology, it took an outsider Berkeley sociologist Michael Burowoy to say what was on...

Real freedom still eludes most South Africans.
April 30, 2010... Real freedom still eludes most South Africans The things we feel good about on Freedom Day are just the absence of obstacles. We need more than freedom to dream I DESPERATELY wanted to give a feel-good answer when asked by a talk show host what...

Planning body named today.
April 30, 2010... Byline: KARIMA BROWN Planning body named today Political Editor MEMBERS of the National Planning Commission will be announced today by President Jacob Zuma on the eve of his marking a year in office. The commission is seen as a key instrument...

Another top Zuma aide set to step down.
April 30, 2010... Byline: KARIMA BROWN Another top Zuma aide set to step down A SECOND senior official in the Presidency is set to resign, informed sources told Business Day yesterday. It is understood presidential spokesman Vincent Magwenya is negotiating his...

SA 'surprise winner' in Greek crisis, say agencies.
April 30, 2010... Byline: MARIAM ISA SA 'surprise winner' in Greek crisis, say agencies Strong capital flows and shrinking deficit count in economy's favour Economics Editor SA's credit ratings would not be tarnished by contagion from Europe's deepening debt...

INFLATION at SA.
April 30, 2010... Byline: Lufuno Mutele Producer inflation up INFLATION at SA's factories, mines and farms accelerated for the eighth month in a row last month, but did not increase quite as much as expected, official data showed yesterday, writes Mariam Isa....

Producer inflation accelerating.
April 30, 2010... Byline: Mariam Isa Producer inflation accelerating MARIAM ISA Economics Editor INFLATION at SA's factories, mines and farms accelerated for the eighth month in a row last month, but did not rise quite as much as expected, official data showed...

Burning issue for Eskom and municipalities.
April 30, 2010... Byline: Siseko Njobeni Burning issue for Eskom and municipalities Government must address decaying state of SA's distribution network, writes RESIDENTS of Johannesburg got an unwelcome reminder this week about the power failures of January...

Kagiwo seeks more time for digital TV application.
April 30, 2010... Byline: Chantelle Benjamin Kagiso seeks more time for digital TV application CHANTELLE BENJAMIN Media Editor KAGISO Media has applied to the Independent Communications Authority of SA (Icasa) for an extension of the deadline for aspirant...

Durban's King Shaka airport opens at midnight.
April 30, 2010... Byline: JULIUS BAUMANN Durban's King Shaka airport opens at midnight Aviation and Tourism Editor THE new King Shaka airport will be officially open for business at midnight tonight, when all flights will be rerouted to the new airport and the...

Zuma says SA will not copy Zimbabwe's land invasions.
April 30, 2010... Byline: KARIMA BROWN Zuma says SA will not copy Zimbabwe's land invasions Political Editor PRESIDENT Jacob Zuma said yesterday that SA would not emulate Zimbabwe's land grab. Addressing a symposium on constitutionalism hosted by the Black...

Shilowa throws down gauntlet to Lekota.
April 30, 2010... Byline: SIBONGAKONKE SHOBA Shilowa throws down gauntlet to Lekota Political Correspondent CONGRESS of the People (COPE) deputy president Mbhazima Shilowa yesterday announced his intention to challenge the party's president, Mosiuoa Lekota,...

Cosatu, SACP plan May Day push for socialism.
April 30, 2010... Byline: Karima Brown Cosatu, SACP plan May Day push for socialism KARIMA BROWN THE Congress of South African Trade Unions (Cosatu) is gearing up to push its demands, which include the banning of labour brokers, and opposing the government's...

Manyi blames 'interpretation of constitution'.
April 30, 2010... Byline: FRANNY RABKIN Manyi blames 'interpretation of constitution' Staff Writer IT WAS not the constitution that was blocking social and economic transformation in SA but rather the way the constitution was being interpreted, Black...

Nzimande on mission to clean up Seta corruption.
April 30, 2010... Byline: Sue Blaine Nzimande on mission to clean up Seta corruption SUE BLAINE Education Correspondent CORRUPTION and mismanagement in the sectoral education and training authorities (Setas) would not be tolerated and the Department of Higher...

Sonjica promises action on waste water treatment.
April 30, 2010... Byline: JOCELYN NEWMARCH Sonjica promises action on waste water treatment Infrastructure and Environment Correspondent WATER Affairs Minister Buyelwa Sonjica said yesterday her department was committed to doing all it could to ensure a...

Zuma should pledge new sexual habits.
April 30, 2010... Byline: Wilson Johwa Zuma should pledge new sexual habits Disclosure of his HIV-status not enough to encourage change, writes PRESIDENT Jacob Zuma's disclosure of his HIV status on Sunday was meant to encourage others to be tested for the...

Water warriors turn to WHO to tame pollution.
April 30, 2010... Byline: SARAH HUDLESTON Water warriors turn to WHO to tame pollution Staff Writer ENVIRONMENTAL organisations have called on the World Health Organisation (WHO) to appeal to the government to take action on the contamination of SA's water...

Selebi now accused of money laundering.
April 30, 2010... Byline: ERNEST MABUZA Selebi now accused of money laundering Legal Affairs Correspondent FORMER police commissioner Jackie Selebi yesterday struggled to explain to the South Gauteng High Court why he added more rands to the daily allowance he...

Zuma adviser denies calls after motorcade standoff.
April 30, 2010... Byline: WYNDHAM HARTLEY Zuma adviser denies calls after motorcade standoff Parliamentary Editor CAPE TOWN President Jacob Zuma's special adviser, Zizi Kodwa, has been implicated in threatening phone calls and attempts to intimidate a victim...

for bold benton go to rhs drop down menu, swipe word you want to make bold and click on bold benton.
April 30, 2010... Byline: Michael Biberauer TENNIS WTA world rankings 1. (1) Serena Williams, US, 7946 points 2. (2) Caroline Wozniacki, Denmark, 6255 3. (3) Dinara Safina, Russia, 6150 4. (4) Venus Williams, US, 5817 5. (5) Svetlana Kuznetsova, Russia, 5620...

SELECTIONS.
April 30, 2010... SELECTIONS 1st Race: (7) Coloured Gem (4) Jet Flyer (9) Midnight Fox (1) Run Angel Run 2nd Race: (17) Hollywoodboulevard (6) Ibrox Park (4) Empire Rose 3rd Race: (4) Kavanagh (6) Magico (3) His Affidavit (11) The Raj 4th Race: (9) Mana Mou (8)...

Nuworld on hold, but not yet selling shares.
April 30, 2010... Byline: Ben Temkin PRIVATE INVESTOR Nuworld on hold, but not yet selling shares IN ASSESSING the listed shares of companies, it's conventional to sum up the review by making a short recommendation buy, sell, accumulate or hold. I'm not a...

OUT: Presidential spin doctor Jessie Duarte.
April 30, 2010... Presidential spin doctor Jessie Duarte denies it, but there can be little doubt her resignation is linked to her recent complaint of being bullied by colleagues. Live by the sword, die by the sword.

IN: British Prime Minister Gordon Brown.
April 30, 2010... British Prime Minister Gordon Brown is honest for possibly the first time in his political career and it could spell the end of his election campaign. It's no consolation, we're sure, but that woman was a bigot.

IN: New broom Kirsten Nematandani.
April 30, 2010... New broom Kirsten Nematandani promised to sweep Safa clean when he surprised us all by taking the top job in September. Rescinding ludicrous World Cup bonuses is an encouraging start.

Stormers, Bulls to see how they do under pressure.
April 30, 2010... Byline: Zeena Isaacs Stormers, Bulls to see how they do under pressure ZEENA ISAACS Rugby Correspondent THE Bulls and the Stormers will get the perfect chance to test their ability to cope under extreme pressure this weekend when they line up...

Golf estate property to go under hammer.
April 30, 2010... Byline: Madden Cole Golf estate property to go under hammer AUCTION Alliance will soon offer a home in the Eagle Canyon Golf Estate in Honeydew. This modern home, at 279 Pebble Beach Road, features an open-plan entrance hall, a lounge, dining...

Numerous Africana books on offer at online auction.
April 30, 2010... Byline: Madden Cole Numerous Africana books on offer at online auction HALT! Action Front! With Col Long at Colenso by Darrell Hall is one of a number of Africana books on offer at the on-line auction of antiquarian books at...

Kumba-Mittal price row puts plant at risk.
April 30, 2010... Byline: Simon Mundy Kumba-Mittal price row puts plant at risk SIMON MUNDY Contributing Writer ARCELORMITTAL SA's dispute with Kumba Iron Ore over a preferential pricing deal could run on for another 18 months, putting the future of at least...

Areva ready to build solar energy plant in SA.
April 30, 2010... Byline: Siseko Njobeni Areva ready to build solar energy plant in SA SISEKO NJOBENI Energy Affairs Editor SOLAR boiler maker Areva Solar is ready to build a 100MW concentrated solar plant in SA from next year, said Tom Bartolomei, the firm's...

Units at complex near Vaal River should offer good returns.
April 30, 2010... Byline: Madden Cole Units at complex near Vaal River should offer good returns AUCOR has been mandated to sell 28 luxury cluster homes in an upmarket estate in Vanderbijlpark. The complex comprises 63 units, of which 28 are for sale, the...

Aquarius profit more than triples to $23,2m.(Financial report)
April 30, 2010... Byline: Bheki Mpofu Aquarius profit more than triples to $23,2m BHEKI MPOFU Resources Editor AQUARIUS Platinum the world's fourth-largest producer of the metal said yesterday net profit for the third quarter to March more than tripled,...

Swiss group may help Aurora's Pamodzi bid.
April 30, 2010... Byline: Bheki Mpofu Swiss group may help Aurora's Pamodzi bid BHEKI MPOFU Resources Editor INVESTMENT company Aurora Empowerment Systems' troubled bid to acquire the liquidated assets of Pamodzi Gold may have been handed a lifeline after...

Tory short cut to a UK depression.
April 30, 2010... Byline: David G Blanchflower Tory short cut to a UK depression Reduce Britain's budget deficit with caution, writes IT WAS always David Cameron's election to lose. Everything now points to a hung UK parliament where none of the parties gains...

Central Rand halts 'aggressive' expansion plan.
April 30, 2010... Byline: Simon Mundy Central Rand halts 'aggressive' expansion plan SIMON MUNDY Contributing Writer CENTRAL Rand Gold (CRG) has abandoned its very aggressive expansion plan, CEO Johan du Toit said yesterday, drastically cutting its production...

Directors who ignore King 3 do so at their own peril.
April 30, 2010... Byline: Sanchia Temkin Directors who ignore King 3 do so at their own peril Familiarity with new corporate governance principles and company laws are essential, writes WITH continued tough economic trading pressures on companies, it is vital...

Nothing like a few daft notions to speed up true enlightenment.
April 30, 2010... Byline: Michel Pireu StreetDogs Nothing like a few daft notions to speed up true enlightenment IN ORDER to be happy we require all kinds of support to our self-esteem. We are human beings, therefore human beings are the purpose of God's...

All migrants not equal.
April 30, 2010... Byline: Cliff Saunders All migrants not equal British Prime Minister Gordon Brown sure turned himself into brown, if not burnt, toast with his description of a now former feisty supporter as a bigot. His apologies have been so profuse that I...

Golden handshake is grasping.
April 30, 2010... Byline: Yonela Diko Golden handshake is grasping Jacko Maree, Standard Bank's CEO, is indeed right to say the contested golden handshake to outgoing chairman Derek Cooper is an example of perfect corporate governance. His statement,...

Success lies with locals.
April 30, 2010... Byline: John Morgan Success lies with locals The Soccer World Cup in Germany in 2006 did wonders for the foreign perception of Germany. Even more important, the traditional foreign picture of dull, humourless Germans was swept aside by the...

A lesson in probity.
April 30, 2010... Byline: Mark Henning A lesson in probity Virtue and principle are themes in leading articles in Business Day of April 29. Jacob Dlamini laments the loss of the righteous and noble morality of the struggle for freedom that has led to SA...

Different ways to give.
April 30, 2010... Byline: Colleen du Toit Different ways to give Mr Watermeyer (We must show we care, Letters, April 21) is delighted to hear SA does indeed have a culture of giving as I had emphasised in my response to Mr Watermeyer's original letter,...

Talk straight to the top.
April 30, 2010... Byline: Paul Hoffman Talk straight to the top Kindly allow me to share the letter that I have sent to Hitachi's head office: Is Hitachi's head office aware of the press conference held by Hitachi Power Africa last week to lamely justify its...

Botha by another name.
April 30, 2010... Byline: Joel Wolpert Botha by another name It is respectfully suggested that Dr Philip Lloyd may be confusing the Deon Botha cited in his letter, A small ray of hope (April 28), with Theo Botha, the real activist terrible of South African...

Crisis predicted.
April 30, 2010... Byline: Brian Sandberg Crisis predicted President Zuma, when speaking of our government and some of its failures during his address to national and provincial directors-general and their deputies on April 23, said: The simple truth is that we...

Metmar in profit despite revenue drop.(Financial report)
April 30, 2010... Byline: Sure Kamhunga Metmar in profit despite revenue drop SURE KAMHUNGA Companies Editor METMAR, the JSE-listed commodities group, yesterday revealed the extent of the effect of last year's recession when it announced a halving of annual...

MTN to push growth in emerging markets.
April 30, 2010... Byline: Thabiso Mochiko MTN to push growth in emerging markets THABISO MOCHIKO Information Technology Editor MTN Group, which is targeting 20-million new customers by year-end, increased its subscriber base by 7% to 123,58-million in the...

Top TV gets R100m boost from empowerment fund.
April 30, 2010... Byline: Chantelle Benjamin Top TV gets R100m boost from empowerment fund CHANTELLE BENJAMIN Media Editor SA's second pay-television channel, Top TV, to be launched this weekend, has received a R100m boost through an investment by the National...

Demand for vehicles at Park Village remains impressive.
April 30, 2010... Byline: Madden Cole Demand for vehicles at Park Village remains impressive A TOTAL of 1200 cars ranging from the proverbial bangers to Beemers, will be available at next month's Park Village car auctions. The show gets under way on Wednesday...

Kraaibosch Nurseries up for sale.
April 30, 2010... Byline: Madden Cole Kraaibosch Nurseries up for sale VAN RENSBURGS Auctions of George, instructed by the heirs of the late Tony Radermacher, will sell the nursery businesses and properties of Radermacher's Garden & Home Centre (retail)...

Commercial property in SA a global leader.
April 30, 2010... Byline: Thabang Mokopanele Commercial property in SA a global leader THABANG MOKOPANELE Property Editor THE South African commercial property market is enjoying a smooth ride to recovery with the recent Investment Property Databank results...

Savile Row offers range of property in new sale.
April 30, 2010... Byline: Madden Cole Savile Row offers range of property in new sale A DOUBLE-STOREY house on a 3,6ha plot will be on offer at the Savile Row Auctions sale on May 11 at Summer Place in Hyde Park. Number 319 Sunrise Road, Northriding is located...

Sanlam unit to resume African expansion.
April 30, 2010... Byline: Edward West Sanlam unit to resume African expansion EDWARD WEST Finance Editor SANLAM Developing Markets (SDM), the Sanlam unit that provides financial products to entry- level markets, would adopt a more aggressive approach to...

Works by top SA artists fetch high prices.
April 30, 2010... Byline: Madden Cole Works by top SA artists fetch high prices LOUIS van Heerden's The Fruit Harvest took top honours at the Westgate Walding decorative and fine arts sale in Sandown on Wednesday when it was sold for R64000, the highest price...

Dawn of a new era.
April 29, 2010... Byline: Hopewell Radebe Dawn of a new era CONFIDENCE BOOST China's revolution has changed lives, writes THE Shanghai 2010 World Expo comes at the time when China, as a developing and emerging economy, has undergone remarkable developmental...

Aid and trade.
April 29, 2010... Byline: Hopewell Radebe Aid and trade THE Shanghai World Expo is the first event of its kind to be held in a developing country, offering China an opportunity to display global scientific and technological achievements. In the tradition of...

Tradition revisited.
April 29, 2010... Byline: Hopewell Radebe Tradition revisited LONG HISTORYChina's links to expos reflect ups and downs THE history of China's participation in world expos is a reflection of the ups and downs of the country in the international arena. At the...

China ousts Japan.
April 29, 2010... Byline: Hopewell Radebe China ousts Japan NEW RANKING It is second biggest manufacturing producer, writes CHINA is now the world's second largest producer of manufacturing output, after overtaking Japan which has held the spot for decades,...

SA must change mindset.
April 29, 2010... Byline: Hopewell Radebe SA must change mindset TIME RUNNING OUT We must learn to compete for China's investments, writes Martyn Davies SA's COMPETITION for investment from China is Australia. Chinese investment in Australia reached $26bn from...

Green landmark.
April 29, 2010... Byline: Hopewell Radebe Green landmark ENVIRONMENT Values of harmony, nature and spirit embodied, writes CHINA unveiled the design for its national pavilion for the 2010 Shanghai Expo in December 2007, two years and five months before the...

Forging strong links.
April 29, 2010... Byline: Hopewell Radebe Forging strong links HISTORIC ROOTS Today, China has become SA's number one trading partner, writes Rob Davies SA IS working to position itself as a promising emerging market in the world. We have a combination of a...

Future lies in ecocities.
April 29, 2010... Byline: Hopewell Radebe Future lies in ecocities ENVIRONMENT An immense urbanisation drive demands proactive innovation, writes Pan Jiahua THE achievements China has made in urbanisation over the past 30 years are known to all the world, but...

2010 main events.
April 29, 2010... Byline: Hopewell Radebe 2010 main events MILESTONES They celebrate the human spirit, writes Wang Chen THE world will witness two great events this year: the 2010 Soccer World Cup in SA from June to July, and the 2010 World Expo Shanghai in...

FLYING HIGH. Aviation Pavilion.
April 29, 2010... Byline: Hopewell Radebe FLYING HIGH Aviation Pavilion The China Aviation Industry Corporation and China Eastern Airlines, both State-owned enterprises, have spent 280-million yuan ($40,88m) for the 4000m Aviation Pavilion, right. The...

High notes.
April 29, 2010... Byline: Hopewell Radebe High notes The following South African artists will be performing at the Shanghai Expo:1. Soweto Choir (African music), April 30 to May 62. Hands On Promotions (African acrobatics, face painters and more), June 1-303....

Links to Africa.
April 29, 2010... Byline: Hopewell Radebe Links to Africa THE Shanghai Expo offers another opportunity for China to build its relations with Africa to even higher levels, focusing on friendship, peace, co-operation and development. Of the 50 African countries...

Endorsement of industry.
April 29, 2010... Byline: Hopewell Radebe Endorsement of industry OPENING DOORS Bank brings benefits, writes THE biggest foreign direct investment transaction into SA was clinched in February 2008 when Standard Bank and the Industrial and Commercial Bank of...

Viva SA!
April 29, 2010... Byline: Hopewell Radebe Viva SA! SHOW TIME Madiba will be the face of the country, writes NELSON Mandela's 46664 campaigns for HIV and Aids awareness will get exposure for six months at the 2010 Shanghai Expo, where the South African pavilion...

Deal's benefits even greater.
April 29, 2010... Byline: Hopewell Radebe Deal's benefits even greater BIG BOOST Pleasing potential, reports STANDARD Bank's strategic partnership with the Industrial and Commercial Bank of China (ICBC) is bearing fruit as the potential opportunities for...

New York on steroids.
April 29, 2010... Byline: Hopewell Radebe New York on steroids PORT OF CALL The vibrant city of Shanghai boasts an ancient history and a modern economy, writes THERE often isn't enough time for a tourist to see everything in any city, least of all one such as...

Stats & Facts.
April 29, 2010... Byline: Hopewell Radebe Stats & Facts The innovative practice of the Africa joint pavilion was first used in the Universal Exposition Hanover 2000. During that World Expo, African countries jointly organised their exhibitions under the...

Oosthuizen is one fight closer to world title.
April 29, 2010... Byline: KULANI KNUNA Oosthuizen is one fight closer to world title JOHANNESBURG WORLD Boxing Association (WBA) Pan African super middleweight champion Tommy Tommy Gun Oosthuizen is ready for a crack at the International Boxing Organisation...

SA's walk-on part in unfolding Greek tragedy.
April 29, 2010... Byline: Nick Wilson THE BOTTOM LINE COLUMN SA's walk-on part in unfolding Greek tragedy IT's time to don the tin hat again. Markets swooned yesterday after Greek debt was slashed to junk status on Tuesday, and the JSE followed markets down...