Business Day (South Africa) articles from August 2006, page 9

Business Day (South Africa) archives from August 2006

Cold world of commerce shows its human side.
August 22, 2006... (From Business Day (South Africa)) Byline: Judy Grees Cold world of commerce shows its human side From profits, comes social investment n Markets Writer THE global investment banks that roared on to the local investment scene in the...

Swallows may clip wings of new Shaka airport.
August 22, 2006... (From Business Day (South Africa)) Byline: Edward West Swallows may clip wings of new Shaka airport KwaZulu-Natal Correspondent PIETERMARITZBURG The establishment of the R2,5bn King Shaka International Airport north of Durban by...

ID urges DA to return Kebble money.
August 22, 2006... (From Business Day (South Africa)) Byline: Amy Musgrave ID urges DA to return Kebble money Political Correspondent THE Independent Democrats (ID) yesterday urged the Democratic Alliance (DA) to pay back a donation it received from...

Mugabe delays signing investor law.
August 22, 2006... (From Business Day (South Africa)) Byline: Wyndham Hartley Mugabe delays signing investor law Parliamentary Editor CAPE TOWN The future of South African investment in mining and precious metals still hangs in the balance as...

Saica focuses on producing broader range of skills.
August 22, 2006... (From Business Day (South Africa)) Byline: Sanchia Temkin Saica focuses on producing broader range of skills Accountants to be trained in other fields such as financial management Professional Services Editor IN A bid to fast-track...

Poor reading culture in SA means many schoolchildren ill-equipped for future.
August 22, 2006... (From Business Day (South Africa)) Byline: Sue Blaine Poor reading culture in SA means many schoolchildren ill-equipped for future Education Correspondent THE reason SA's pupils did poorly in reading tests was that there was a poor...

Hopes that more circumcisions can cut HIV figures.
August 22, 2006... (From Business Day (South Africa)) Byline: Tamar Kahn Hopes that more circumcisions can cut HIV figures TORONTO Even a modest expansion of circumcision in SA could prevent a significant number of new HIV infections and save money,...

Construction a favourite with investors.
August 22, 2006... (From Business Day (South Africa)) Byline: Ben Temkin Construction a favourite with investors CONSTRUCTION has to be the flavour of the moment, even more so if it's allied to infrastructural development. Right now, we're building...

Africa 'must have will' to deregulate aviation market.
August 22, 2006... (From Business Day (South Africa)) Byline: Khulu Phasiwe Africa 'must have will' to deregulate aviation market Public Policy Correspondent LACK of political will by some African governments to deregulate their aviation markets had...

Group Five may ease back soon.
August 22, 2006... (From Business Day (South Africa)) Byline: Jean Temkin Group Five may ease back soon THE above chart shows the strength of Group Five relative to the construction sector. In an upward channel, it has generally outperformed other...

OUT: Local Government Minister Sydney Mufamadi.
August 22, 2006... (From Business Day (South Africa)) Local Government Minister Sydney Mufamadi, who can't claim he wasn't warned that the cross-border boundaries issue was far from settled. But no, he knew better.

Centre to help Zimbabweans find work in SA.
August 22, 2006... (From Business Day (South Africa)) Byline: Amy Musgrave Centre to help Zimbabweans find work in SA Recruitment office on border will promote legal flow of economic migrants, catering mainly for farm workers Political Correspondent A...

OUIT: International Cricket Council president Percy Sonn.
August 22, 2006... (From Business Day (South Africa)) International Cricket Council president Percy Sonn, who reckons the Proteas' decision to leave Sri Lanka was just not cricket. Yet they acted on the advice of the ICC's security experts.

Prevention better than cure, UN realises.
August 22, 2006... (From Business Day (South Africa)) Byline: Philip Stevens AIDS/ Prevention better than cure, UN realises AFTER three years of throwing money at AIDS treatment programmes while ignoring the vital task of prevention, the head of UNAIDS...

Pienaar looks likely to make Bok debut against All Blacks.
August 22, 2006... (From Business Day (South Africa)) Byline: Zeena Isaacs Pienaar looks likely to make Bok debut against All Blacks Rugby Correspondent SKILFUL Sharks utility back Ruan Pienaar's dreams of making his Springbok debut look set to become...

Aspen calls for end to state price freeze.
August 22, 2006... (From Business Day (South Africa)) Byline: Rob Rose Aspen calls for end to state price freeze Rising costs and strengthening rand threaten margins, says company, though it delivers 34% rise in profit for the year Chief Reporter...

One-off AIDS drug looks safe for pregnancy.
August 22, 2006... (From Business Day (South Africa)) Byline: Tamar Kahn One-off AIDS drug looks safe for pregnancy No increase in resistance risk, study finds Science and Health Editor TORONTO HIV-positive pregnant women who are given a single dose of...

OUT: Pakistan cricket captain Inzamam-ul-Haq.
August 22, 2006... (From Business Day (South Africa)) Pakistan cricket captain Inzamam-ul-Haq. Tampering with the ball is bad enough, but refusing to play and forfeiting the match is pathetic. Now that really is just not cricket.

Brandcorp revenue jumps 15,1%.
August 22, 2006... (From Business Day (South Africa)) Byline: Wendy Hall Brandcorprevenuejumps 15,1% Consumer Industries Reporter NICHE consumer goods distributor Brandcorp has reported revenue growth of 15,1% for the year to end June, to R916m from...

Reporting season arrives for mining companies.
August 22, 2006... (From Business Day (South Africa)) Byline: Charlotte Mathews Reporting season arrives for mining companies Resources Editor THE biggest events on global mining calendars this week will be the release of year-end results by resources...

New credit law may prove pricey for SA's money lenders.
August 22, 2006... (From Business Day (South Africa)) Byline: Sanchia Temkin New credit law may prove pricey for SA's money lenders Institutions face huge compliance costs Professional Services Editor COMPANIES and financial institutions that grant...

Dividend plus index launched to track higher-yield instruments on FTSE/JSE.
August 22, 2006... (From Business Day (South Africa)) Byline: Judy Green Dividend plus index launched to track higher-yield instruments on FTSE/JSE THE JSE Limited and the FTSE Group yesterday launched an index called the FTSE/JSE dividend plus index....

Environment minister may stir up trouble in South Kivu.
August 22, 2006... (From Business Day (South Africa)) Byline: Duncan Woodside Environment minister may stir up trouble in South Kivu Business Day Correspondent THE Democratic Republic of Congo's Environment Minister Anselme Enerunga has allegedly being...

Alexander Forbes sells lacklustre risk services unit.
August 22, 2006... (From Business Day (South Africa)) Byline: Stephen Gunnion Alexander Forbes sells lacklustre risk services unit Financial Services Editor ALEXANDER Forbes had sold its ailing international risk services division, lock, stock and...

Sonjica aiming to secure energy supplies by 2010.
August 22, 2006... (From Business Day (South Africa)) Byline: Charlotte Mathews Sonjica aiming to secure energy supplies by 2010 Resources Editor SECURING the country's energy supplies would be one of her key focus points in the coming months, Minerals...

Dividends, growth in store for Grindrod.
August 22, 2006... (From Business Day (South Africa)) Byline: Edward West Dividends, growth in store for Grindrod KwaZulu-Natal Correspondent DURBAN Shipping and logistics group Grindrod could earn more than 200c a share and pay out about 60c a share...

Quality retail portfolio the key Hyprop.
August 22, 2006... (From Business Day (South Africa)) Byline: Nick Wilson Quality retail portfolio the key Hyprop Distribution rises 21% for half-year Property Correspondent A STRONG retail property portfolio helped drive listed property loan stock...

Dr Beet must go.
August 22, 2006... (From Business Day (South Africa)) Byline: Susan Gillam The more I listen to or read about the support for people living with AIDS, or dying from the disease, the angrier I become. Taxpayers' money is being used to fund the purchase...

Stamp out crime.
August 22, 2006... (From Business Day (South Africa)) Byline: Anthony Eedes Stamp out crime How much more of this senseless violent crime, traumatising, maiming and killing of citizens must we as South Africans accept? There is no explanation to...

Israel lost war in media, and not on the ground.
August 22, 2006... (From Business Day (South Africa)) Byline: Jonathan Katzenellenbogen and Mathabo Le Roux Israel lost the war on the airwaves, not the ground Hezbollah uses media to legitimise its position, says Gissin Jonathan Katzenellenbogen...

Primary school strategy needed.
August 22, 2006... (From Business Day (South Africa)) Byline: Brahm Fleisch Primary school strategy needed Nick Taylor's recent opinion piece about dysfunctional schools, Fixing schools will take huge effort (August 18), begins by raising the...

Dr Beet must go.
August 22, 2006... (From Business Day (South Africa)) Byline: TD Strachan To debate, take issue with, oppose, disagree with or contest the tenets of opposing points of view is acceptable, but for Sibani Mngadi, Health Minister Manto...

Kidnapped.
August 22, 2006... (From Business Day (South Africa)) Byline: Rasimeni Manjezi Kidnapped Is it not strange that not a single newspaper has used the word kidnapping to describe the abduction of the Palestinian deputy prime minister from his home in...

Golfing mischief.
August 22, 2006... (From Business Day (South Africa)) Byline: Nic Wolpe Golfing mischief As the organiser of the second Friends of the President Golf Day, I read with concern the way in which the article, Friends of Mbeki tee off together (August 18),...

Dr Beet must go.
August 22, 2006... (From Business Day (South Africa)) Byline: Eddy van Dierman Dr Beet must go Health Minister Manto Tshabalala-Msimang has brought our country into disrepute. We may disagree with the perceptions of virtually the entire global...

Kidnapped.
August 22, 2006... (From Business Day (South Africa)) Byline: Ivor Davis Not only is truth the first casualty in war but propaganda, conspiracy theories and all kinds of nonsense quickly follow on. Terry Crawford-Browne's letter, War was a set-up...

Kidnapped.
August 22, 2006... (From Business Day (South Africa)) Byline: Stephen Timm The recent announcement of a terrorist plot in the UK is nothing more than a farce. Where is the hard evidence? Since the plot was made public, not one scrap of evidence of...

Dr Beet must go.
August 22, 2006... (From Business Day (South Africa)) Byline: Don Lindsay Our cabinet ministers clearly believe it to be a requirement of office that they do their best to discredit themselves in the eyes of the public. Manto Tshabalala-Msimang does it...

India's Tata considers mining in SA, too.
August 22, 2006... (From Business Day (South Africa)) Byline: Mathabo Le Roux India's Tata considers mining in SA, too Mathabo le Roux Trade and Industry Correspondent INDIAN-owned Tata Group is considering further investments in SA, exploring...

Kidnapped.
August 22, 2006... (From Business Day (South Africa)) Byline: Paul Glass I take exception to Terry Crawford-Browne's statement that American and Israeli leaders should be charged with war crimes, War was a set-up (August 17). War crimes are...

The Palms, The World or even Plett get an island in the sunA.
August 22, 2006... (From Business Day (South Africa)) Byline: Renee Bonorchis The Palms, The World or even Plett get an island in the sun IF YOU have ever considered buying an island, you are in luck. Stanley Island, the small piece of land that...

Is there meat to UK reports that Anglo is subject of a $80bn bid?
August 22, 2006... (From Business Day (South Africa)) Byline: Lindsay Williams Is there meat to UK reports that Anglo is subject of a $80bn bid? THE UK's Observer newspaper reported on Sunday that the JSE has surged on speculation about a planned...

What do you do?
August 21, 2006... (From Business Day (South Africa)) Byline: Michael Bleby Amanda Cunningham, the owner-manager of Wedding Expo, which takes place in Johannesburg next month, talks to What is the expo? It's an exhibition for everything to do with the...

Bring it on, Boucher tells Indians and Sri Lankans.
August 21, 2006... (From Business Day (South Africa)) Byline: Mark Smit Bring it on, Boucher tells Indians and Sri Lankans Sports Editor WOULD-be South African one-day captain Mark Boucher threw down the gauntlet to India and Sri Lanka yesterday. ...

Cynical attitude is killing off the national team.
August 21, 2006... (From Business Day (South Africa)) Byline: Mark Keohane Cynical attitude is killing off the national team TRANSFORMATION was meant to save the Springboks but, at the moment, the insincere application of transformation is instead...

Why you need to be fair.
August 21, 2006... (From Business Day (South Africa)) Byline: Michel Pireu Why you need to be fair Seemingly irrational behaviour in financial decisions may be explained by reciprocity. This is demonstrated in an experiment called the ultimatum...

Regulator raises questions about cavalier Eskom.
August 21, 2006... (From Business Day (South Africa)) Byline: Dave Marrs Regulator raises questions about cavalier Eskom ESKOM acted with commendable haste to correct the flaws in its systems that led to the recent spate of power failures in Western...

Swallows' confidence not misplaced.
August 21, 2006... (From Business Day (South Africa)) Byline: Mninawa Ntloko Swallows' confidence not misplaced Deputy Sports Editor MOROKA Swallows supporters reckon their side should be able to shake the established order this season, and they will...

CRUCIAL CD COLLECTION.
August 21, 2006... (From Business Day (South Africa)) Byline: Richard Haslop CRUCIAL CD COLLECTION TWO things stand out about the most recent incarnation of LA roots rockers the Blasters. First, they rock almost as righteously and drive nearly as hard...

Minibus taxi scrapping plan to get going in October.
August 21, 2006... (From Business Day (South Africa)) Byline: Khulu Phasiwe Minibus taxi scrapping plan to get going in October Radebe says he is pleased with progress Public Policy Correspondent THE R7,7bn taxi recapitalisation process will finally...

Absa remains upbeat over housing market.
August 21, 2006... (From Business Day (South Africa)) Byline: Nick Wilson Absa remains upbeat over housing market Property Correspondent ABSA, SA's biggest home loan lender, is upbeat about growth prospects in the residential property market over the...

Mandela coin advert 'misleading'.
August 21, 2006... (From Business Day (South Africa)) Byline: Ron Derby Mandela coin advert 'misleading' Media Correspondent THE Advertising Standards Authority on Friday ordered both the South African Coin Corporation and toilet paper manufacturer...

Increasing competition for tenders 'may hurt builders'.
August 21, 2006... (From Business Day (South Africa)) Byline: Siseko Njobeni Increasing competition for tenders 'may hurt builders' Trade and Industry Correspondent TENDERS for civil projects have slowed down in recent months, raising fears that...

DA says it accepted cash from Kebble 'in good faith'.
August 21, 2006... (From Business Day (South Africa)) Byline: Ernest Mabuza DA says it accepted cash from Kebble 'in good faith' Opposition party discloses information for 'the sake of transparency' THE Democratic Alliance (DA), which has been vocal in...

Home affairs defends system.
August 21, 2006... (From Business Day (South Africa)) Byline: Wyndham Hartley Home affairs defends system Parliamentary Editor CAPE TOWN The home affairs department has defended the R1,2bn spent so far on its identification system, saying the cabinet...

Constitutional Court rejects state's move on Matatiele.
August 21, 2006... (From Business Day (South Africa)) Byline: Ernest Mabuza Constitutional Court rejects state's move on Matatiele Legal Affairs Correspondent THE Constitutional Court on Friday found that the KwaZulu-Natal legislature acted...

Pausing for the next outside shock.
August 21, 2006... (From Business Day (South Africa)) Byline: Jean Temkin Pausing for the next outside shock The lull in the Middle East conflict, taking the pressure off oil supplies, has put our mining shares on the back burner for a while. But the...

Hunting the way to save wildlife?
August 21, 2006... (From Business Day (South Africa)) Byline: Andrew England Hunting the way to save wildlife? AS ANDREW Cole, the seventh earl of Enniskillen, reminisces about life on his father's 24280ha sheep and cattle ranch in the heart of east...

South Africans retain unbeaten record in close clash with Chile.
August 21, 2006... (From Business Day (South Africa)) Byline: Lauren de Beer South Africans retain unbeaten record in close clash with Chile THE South African polo team retained its unbeaten record against Chile in a closely fought final test of the...

The Thick End of the Wedge.
August 21, 2006... (From Business Day (South Africa)) Byline: Peter Bruce ALEC Erwin's office put out a press statement on Friday objecting to him being called a liar on the radio because of the knot he tied himself into over whether Koeberg was...

Sturdy fundamentals expected to lift outlook for quarterly GDP.
August 21, 2006... (From Business Day (South Africa)) Byline: Ayanda Shezi Sturdy fundamentals expected to lift outlook for quarterly GDP WEEK AHEAD: Macroeconomic and political factors could still derail growth Economics Correspondent ONE of the most...

Thint denies deal to go after Shaik.
August 21, 2006... (From Business Day (South Africa)) Byline: Karima Brown and Vukani Mde Thint denies deal to go after Shaik THE legal wrangling between the state and French arms company Thint will move up a gear today when the company's lawyers seek...

AIDS indaba lashes SA's 'lunatic fringe'.
August 21, 2006... (From Business Day (South Africa)) Byline: Tamar Kahn AIDS indaba lashes SA's 'lunatic fringe' Science and Health Editor TORONTO Former Inter- national AIDS Society president Mark Wainberg has launched a blistering attack on the...

Costly, and empty, win for pensioners who took on the SABC and won.
August 21, 2006... (From Business Day (South Africa)) Byline: Rob Rose Costly, and empty, win for pensioners who took on the SABC and won DALLYING too close to the swamp of litigators who circle SA's corporate arena can be a particularly bloodcurdling...

Duff excuse for corporate governance.
August 21, 2006... (From Business Day (South Africa)) Byline: Rob Rose Duff excuse for corporate governance ENGINEERING company Dorbyl holds its annual shareholders meeting today, and CEO Bill Cooper can expect a fiery meeting. There are many...

Good grief, a CEO who actually kept a promise.
August 21, 2006... (From Business Day (South Africa)) Byline: Rob Rose Good grief, a CEO who actually kept a promise IN THE country club of failed CEOs, Glenrand CEO Steve von Roretz must surely have guaranteed himself instant pariah status on Friday....

Famous Brands shows strong sales growth.
August 21, 2006... (From Business Day (South Africa)) Byline: Edward West Famous Brands shows strong sales growth KwaZulu-Natal Correspondent DURBAN Famous Brands' sales rose 22% in the four months from March1, two interest rate increases and higher...

More flexibility.
August 21, 2006... (From Business Day (South Africa)) More flexibility CREATING a single public service is one of those ideas that sounds sensible, even compelling, at first. But think about it for a little longer, and it turns out to have very little...

Glenrand chief quits after turnaround fails.
August 21, 2006... (From Business Day (South Africa)) Byline: Stephen Gunnion Glenrand chief quits after turnaround fails Financial Services Editor GLENRAND MIB CEO Steve von Roretz has stuck to his word and quit his job, just a year after taking over...

Absa takes full control of Ambit subsidiary.
August 21, 2006... (From Business Day (South Africa)) Byline: Nick Wilson Absa takes full control of Ambit subsidiary Property Correspondent ABSA Bank has acquired full control of the management company of listed property company Ambit Properties for...

Do not gamble on cheap policies.
August 21, 2006... (From Business Day (South Africa)) Byline: Bryan Hirsch Do not gamble on cheap policies DO YOU really believe the life assurance industry has got its act together sufficiently to give you what you really need, that its technology is...

Realistic goals.
August 21, 2006... (From Business Day (South Africa)) Byline: Paul Browning Realistic goals The article Transport in spotlight at two-day indaba (August 17) refers to a government transport lekgotla to be attended by Transport Minister Jeff Radebe. It...

Copelyn takes reins as Johnnic Holdings CEO.
August 21, 2006... (From Business Day (South Africa)) Byline: Ron Derby Copelyn takes reins as Johnnic Holdings CEO Media Correspondent AFTER an eight-month stint as Johnnic Holdings CEO, Michael Jacobson, a director of various Hosken Consolidated...

Prospects for peace remain remote in troubled Sri Lanka.
August 21, 2006... (From Business Day (South Africa)) Byline: Jonathan Katzenellenbogen Prospects for peace remain remote in troubled Sri Lanka SA cricketers flee capital Colombo after bomb blast International Affairs Editor SA's national cricket team...

Dreamy absence.
August 21, 2006... (From Business Day (South Africa)) Byline: Noxolo Goniwe Dreamy absence I read Mike Berger's letter (I have a dream, August 18), and kept thinking he would mention it! There is one word conspicuous by its absence in his letter:...

Illegal display.
August 21, 2006... (From Business Day (South Africa)) Byline: HS Singer Illegal display Health Minister Manto Tshabalala-Msimang correctly says keeping a supply of scheduled medicines on display in an open hall would be illegal (Lemon and Herb, August...

Deep humanity.
August 21, 2006... (From Business Day (South Africa)) Byline: RW Johnson Deep humanity Xolela Mangcu is perhaps more right about Rob Amato than even he realises, A tribute to two good white men who fondly remembered Biko, (August 17). Even at age 18,...

State of relief.
August 21, 2006... (From Business Day (South Africa)) Byline: Paul Whelan State of relief It is a tremendous relief to have Public Enterprises Minister Alec Erwin reassure us that the trouble at Eskom was not due to sabotage by forces resistant to...

Robust economy lifts Enviroserv revenue 28%.
August 21, 2006... (From Business Day (South Africa)) Byline: Mathabo Le Roux Robust economy lifts Enviroserv revenue 28% Mathabo le Roux Trade and Industry Correspondent MORE industrial waste last year translated into bigger profits for waste...

Meago, Absa launch property unit trust.
August 21, 2006... (From Business Day (South Africa)) Byline: Nick Wilson Meago, Absa launch property unit trust The black owned and controlled financial services group will manage new property focused unit Property Correspondent MEAGO Asset...

Entrepreneur owes success to powerful mentors and fast cars.
August 21, 2006... (From Business Day (South Africa)) Byline: Renee Bonorchis Entrepreneur owes success to powerful mentors and fast cars Being singled out was part of the making of Zeph Makhathini, whose appetite for risk helped, writes Renee...

Mooted tax on Sasol 'scares off US investors'.
August 21, 2006... (From Business Day (South Africa)) Byline: Carli Lourens Mooted tax on Sasol 'scares off US investors' State intervention in a free market system always makes investors wary, says analyst, but Sasol denies waning interest Trade and...

Capitalism delivers the goods.
August 21, 2006... (From Business Day (South Africa)) Byline: Barry Kayton Capitalism delivers the goods Sibusiso Gumede argues that SA needs a mixed economy to tackle challenges such as poverty, unemployment, crime and inert growth in A bit of both...

Shell to site 'super' centre in Cape Town.
August 21, 2006... (From Business Day (South Africa)) Byline: Stephen Gunnion Shell to site 'super' centre in Cape Town ROYAL Dutch Shell plans to locate one of its global super customer service centres (super-CSCs) in Cape Town, in a vote of...