Business Day (South Africa) articles from January 2011, page 3

Business Day (South Africa) archives from January 2011

PRIVATE INVESTOR. Increasing the weight of the Spar holding.
January 27, 2011... Byline: Ben Tenkin PRIVATE INVESTOR Increasing the weight of the Spar holding AT THE beginning of this year, the High Yield portfolio, which was being built during the year, had an internal rate of return of 21,6%. This return is an...

Third Umpire. IN. Gwen Mahlangu-Nkabindea.
January 27, 2011... Public Works Minister Gwen Mahlangu-Nkabinde for having secured the services of a top-notch optometrist, allowing her to notice what the public has been falling in for months: potholes in our roads.

Third Umpire. OUT. Akio Toyoda.
January 27, 2011... Toyota president Akio Toyoda. Of more than 16-million vehicles recalled in the past year, most are in their & premium& range. Perhaps their engineers need a trip back to that drawing board...

Gumede's hard work gives Lions their pride back.
January 27, 2011... Byline: Zeena Isaacs Gumede's hard work gives Lions their pride back IT IS astonishing how quickly the Lions have commanded respect after the introduction of IT mogul Robert Gumede to the union. In only a few months Gumede's hands-on...

Stormers, Bulls treat warm-up matches differently.
January 27, 2011... Byline: Zeena Isaacs Stormers, Bulls treat warm-up matches differently ZEENA ISAACS Rugby Correspondent IN CONTRASTING views to their Super Rugby warm-up clashes this weekend, Stormers coach Allister Coetzee yesterday selected a strong side...

Third Umpire. OUT. Snuki Zikalala.
January 27, 2011... SABC's former head of news Snuki Zikalala whose manipulation of the news when he was in charge has now been revealed. Will this manipulation be accurately relayed by the public broadcaster, though?

Denel Dynamics' Rooivalk missile attains qualification.
January 27, 2011... Byline: ALISTAIR ANDERSON Denel Dynamics' Rooivalk missile attains qualification Contributing Writer STATE-owned arms giant Denel's missiles and unmanned aerial vehicle business, Denel Dynamics, said this week it had successfully qualified a...

Resgen raises coal reserves at SA mine.
January 27, 2011... Byline: Alistair Anderson Resgen raises coal reserves at SA mine ALISTAIR ANDERSON JUNIOR coal miner Resgen yesterday announced a 17% increase in reserves at a key coal mine and said there was potential for another upgrade there. The...

Barloworld profit gets lift from equipment sales.(Financial report)
January 27, 2011... Byline: Mark Allix Barloworld profit gets lift from equipment sales MARK ALLIX Industrial Correspondent DIVERSIFIED industrial group Barloworld said yesterday its results for the first quarter of the 2011 financial year improved considerably...

Zimbabwe ban hits Country Bird exports.
January 27, 2011... Byline: MICHAEL BLEBY Zimbabwe ban hits Country Bird exports Group says controversy over reprocessed chickens 'just an excuse to close border' Retail Industries Editor COUNTRY Bird Holdings had lost sales of 600 tons of chickens a month to...

JSE 'awaiting clarity' on results of suspended manufacturer Brikor.
January 27, 2011... Byline: Mark Allix JSE 'awaiting clarity' on results of suspended manufacturer Brikor MARK ALLIX Industrial Correspondent BRIKOR, an AltX-listed clay brick, tile and pipe maker, is facing an uncertain future after the JSE halted trading in...

SA 'lags global construction trends'.
January 27, 2011... Byline: Thabang Mokopanele SA 'lags global construction trends' THABANG MOKOPANELE Property Editor WHILE their global counterparts are repositioning themselves and coming up with sustainable models better suited to manage risk and expand into...

Cape to get new creative precinct.
January 27, 2011... Byline: DANIEL BUGAN Cape to get new creative precinct Contributing Writer CAPE TOWN A proposed design and informatics hub to support and develop the design, media and IT sectors will aim to bring more economic activity to Cape Town's...

Institute welcomes integrated report guide.
January 27, 2011... Byline: STAFF WRITER Institute welcomes integrated report guide THE Institute of Directors in Southern Africa has joined fellow members of the Integrated Reporting Committee in welcoming the long-awaited how-to guidelines for the integrated...

Jubilee buys 51% of Power Alt.
January 27, 2011... Byline: STAFF WRITER Jubilee buys 51% of Power Alt Johannesburg JUBILEE Platinum has acquired 51% of the shares and claims in Power Alt for R27,5m, providing it with a secure independent power supply to underpin its operational and expansion...

Tell us your full name.
January 27, 2011... Byline: Caroline Long Tell us your full name Why is it that in most cases people sign their letters with their full name and place of residence? For example: & Greenside East& Or in other cases: & C Long, via e-mail& Surely...

Do not waste your vote.
January 27, 2011... Byline: Howard Skeens Do not waste your vote I suggest the good doctor, Lucas Ntyintyane, get hold of a dictionary and look up the word & turmoil& Vote for failure!, Letters, January 25). It certainly doesn't apply to the Democratic...

Go see for yourself.
January 27, 2011... Byline: Andy Dott Go see for yourself I always read Dr Lucas Ntyintyane's letters with respect, coming from someone I see as both socially and intellectually qualified to contribute to the debate. I am, however, somewhat disappointed that in...

DA can be trusted.
January 27, 2011... Byline: Lindiwe Mazibuko DA can be trusted It is disappointing that Lucas Ntyintyane feels there is no political party worthy of his vote (Vote for failure! Letters, January 25). It is particularly worrying that he feels that the Democratic...

Spoil your vote.
January 27, 2011... Byline: Claude Longo Spoil your vote I refer to the letter from Dr Lucas Ntyintyane (Vote for failure!, Letters, January 25). To continue to vote for a party one considers a failure because the opposition parties also do not come up to...

Rely on the experts.
January 27, 2011... Byline: Dave Collins Rely on the experts Good luck to Dr Mark Swanepoel (Climate change: Basic science explains why we must cut our emissions, January 24)! He explains the science of the problem but opens himself up to attack. As he says,...

Banks are slack in combating fraud.
January 27, 2011... Byline: R Tahilram Banks are slack in combating fraud It is high time that our bloated major banking groups become far more proactive in combating the increasingly prevalent fraudulent activities of syndicates especially those involved in...

Schengen visa mystery.
January 27, 2011... Byline: Julie Campbell Schengen visa mystery If the imperious British consulate and the mighty US embassy can grant me a 10-year validity, multiple entry visa, why do each of the Schengen states prevaricate and obstruct granting us South...

A local Neotel CEO 'would understand market better'.
January 27, 2011... Byline: Thabiso Mochiko A local Neotel CEO 'would understand market better' THABISO MOCHIKO Information Technology Editor NEOTEL's appointment of a new head for its embattled business has been met with mixed reactions from analysts, with one...

Builders taking strain as property market feels pressure.
January 27, 2011... Byline: Thabang Mokopanele Builders taking strain as property market feels pressure THABANG MOKOPANELE JSE-listed civil engineering and construction group Sanyati Holdings said yesterday the construction industry was still feeling the effects...

Investors remain wary of equities.
January 27, 2011... Byline: Sure Kamhunga Investors remain wary of equities SURE KAMHUNGA Financial Services Editor INVESTOR confidence in equities remains shaky due to concern about the sustainability of the global economic recovery, according to a survey...

FUTURE MODELS. Versatility is the key.
January 27, 2011... Byline: MOTOR NEWS REPORTER FUTURE MODELS Versatility is the key Volkswagen will launch the new Caddy in SA next month THE new Volkswagen Caddy range is claimed to be more versatile than ever. Next month will see the launch of the...

DAKAR RALLY. SA stars in toughest test.
January 27, 2011... Byline: John Floyd DAKAR RALLY SA stars in toughest test reviews the epic action in this year's Dakar Rally THE 2011 Dakar Rally was the 33rd of the series and the third held in South America following security problems on the North African...

BUYING. Deals of the week.
January 27, 2011... Byline: MOTOR NEWS REPORTER BUYING Deals of the week THE holidays are behind us and many are starting 2011 by looking at their budgets. If you are thinking of buying a new car then it seems many dealers are still offering a wide range of...

DETROIT MOTOR SHOW. Hybrids take centre stage.
January 27, 2011... Byline: Anzet du lessis DETROIT MOTOR SHOW Hybrids take centre stage Detroit hosted some fascinating debuts this year OVER the past two weeks, the North American International Auto Show in Detroit kicked off the motor show calendar for this...

INDUSTRY NEWS. Help for rural schools.
January 27, 2011... Byline: MOTOR NEWS REPORTER INDUSTRY NEWS Help for rural schools RURAL schools in SA's poorest province, the Eastern Cape, will once again benefit from a focused school preparedness programme for the 2011 school year. For the eleventh year in...

FUTURE MODELS. The game changes.
January 27, 2011... Byline: MOTOR NEWS REPORTER FUTURE MODELS The game changes Ferrari is shooting at its rivals with its new four-seater coupe model LUXURIOUS and fast four- seater coupes seem to be all the rage at the moment, with the Porsche Panamera, Aston...

INDUSTRY NEWS. This bakkie beats the frozen continent.
January 27, 2011... Byline: MOTOR NEWS REPORTER INDUSTRY NEWS This bakkie beats the frozen continent The Arctic Trucks Toyota Hilux is proving its ability in the gruelling conditions of Antarctica ASPECIALLY built Toyota Hilux has become the first conventional...

FUTURE MODELS. Comeback for an iconic small car.
January 27, 2011... Byline: MOTOR NEWS REPORTER FUTURE MODELS Comeback for an iconic small car The Honda Ballade was one of SA's favourites and is set to return to the market this quarter ONE of the iconic names on the South African motoring landscape will...

FORMULA 1.Orders return to the ranks.
January 27, 2011... Byline: John Floyd FORMULA 1 Orders return to the ranks looks at some of the changes to F1 THE 2011 season will soon be upon us when Formula One starts rolling with the first event of the new calendar in Bahrain on March 14, but during the...

LONG-TERM FLEET. Ciao, our Bambino.(Travel narrative)
January 27, 2011... Byline: Lerato Matebese LONG-TERM FLEET Ciao, our Bambino looks back on 10000km with our Alfa Romeo MiTo FAREWELLS are great when referring to bad habits, something that is appropriate at a time of New Year's resolutions, but not so when it...

LONG-TERM FLEET. A big Beemer that lives a double life.
January 27, 2011... Byline: John Floyd LONG-TERM FLEET A big Beemer that lives a double life cruised through the mountains of the Cape in our long- term BMW 730d Our long-term BMW 730d moved to the Western Cape for a few weeks at the end of last year when the...

LONG-TERM FLEET. Touring in high comfort.
January 27, 2011... Byline: Mark Smyth LONG-TERM FLEET Touring in high comfort reports on testing the long-distance ability of our Honda Accord Tourer WHAT better way to experience the Honda Accord Tourer than to, well, tour. Perhaps it was not quite a tour, but...

Strap: DRIVING IMPRESSION.
January 27, 2011... Byline: Valdi Strauss DRIVING IMPRESSION A truly beautiful ride Mark Smyth had just 24 hours in the Cape to realise that Maserati knows what elegance is all about MASERATI's trident definitely has a new shine to its prongs these days, what...

INDUSTRY NEWS. Stepping in to help save the rhinos.
January 27, 2011... Byline: MOTOR NEWS REPORTER INDUSTRY NEWS Stepping in to help save the rhinos The Mazda dealer network recently supplied a BT-50 to be auctioned to raise funds for the efforts to counter rhino poaching THE Mazda Wildlife Fund, together with...

A COMPACT CROSSOVER SUV CONCEPT.
January 27, 2011... A COMPACT CROSSOVER SUV CONCEPT LAST year, Motor News brought you details of Mazda's new Skyactiv technology after Roger Houghton visited the company's R& D centre in Japan. The company has now announced that the technology will make its...

INDUSTRY COMMENT. Protect your pocket.
January 27, 2011... Byline: Mark Smyth INDUSTRY COMMENT Protect your pocket looks at the commercial vehicle market of 2010 and its challenges in 2011 THE light commercial vehicle and van segment had something of a lacklustre year last year, given the relatively...

Planning to make a mark.
January 27, 2011... Byline: Mark Smyth Planning to make a mark sat down with Ziyad Gaba of Peugeot Commercial Vehicles to look at the French marque's plans PEUGEOT Commercial Vehicles are very serious about the South African market and I intend to make a success...

ROAD TEST. Transition from Dakar.
January 27, 2011... Byline: Lerato Matebese ROAD TEST Transition from Dakar looks at the latest generation of the Volkswagen Touareg BEING the least favoured of the family could either work for or against you, depending how you view it. In many instances this...

MOTOR SPARES.
January 27, 2011... MOTOR SPARES Pagani pictures leaked to meadia LAUNCHPictures of the new Pagani Huyara have been leaked to international media ahead of its highly anticipated release at the Geneva show in March. Much sleeker and curvier than the Zonda, the...

LOCAL MOTORSPORT. Legendary icons.
January 27, 2011... Byline: MOTOR NEWS REPORTER LOCAL MOTORSPORT Legendary icons If you have a passion for speed then the annual historic festival should get your pulse racing SOME of the world's most powerful sports racing, grand touring, production cars and...

INDUSTRY NEWS. Toyota invests in parts centre.
January 27, 2011... Byline: ROGER HOUGHTON INDUSTRY NEWS Toyota invests in parts centre TOYOTA SA has been low-key recently regarding investment announcements and the introduction of all-new models but it changed all that last week in its determination to retain...

USED CAR TEST. Smaller brother supercar impresses.
January 27, 2011... Byline: CHARL WILKEN USED CAR TEST Smaller brother supercar impresses FOR: Performance, affordability, residual value, fun factorAGAINST: Not quite a 911 IF EVER there was an affordable supercar it must surely be the Porsche Cayman. Although...

INTERNATIONAL NEWS. Best of the best.
January 27, 2011... Byline: MOTOR NEWS REPORTER INTERNATIONAL NEWS Best of the best The 2011 What Van? of the year awards produced some interesting and worthy winners THE van market in SA has always been a little inconsistent. While vehicles such as the...

Vehicle Prices. LIGHT COMMERCIAL.
January 27, 2011... LIGHT COMMERCIAL CHEVROLET CORSA UTILITY 1.4 R105500 CORSA UTILITY 1.4 SPORT R152360 CORSA UTILITY 1.7 DTI R148370 CORSA UTILITY 1.7 DTI SPORT R185460 CORSA UTILITY 1.8 R129840 CORSA UTILITY 1.8 SPORT R184260 CORSA UTILITY 1.4 CLUB R132490 CORSA...

Vehicle Prices. SEDANS.
January 27, 2011... SEDANS ALFA ROMEO MITO PROGRESSION R227900 MITO DISTINCTIVE R245200 MITO QUADRIFOGLIO R264000 GIULIETTA PROGRESSION R243000 GIULIETTA DISTINCTIVE R279900 GIULIETTA QUADRIFOGLIO R330275 159 1.9 JTS R303500 159 2.2 JTS R347700 159 3.2 V6 Q4...

Vehicle Prices. SUVS.
January 27, 2011... SUVS AUDI Q5 2.0TDI QUATTRO MANUAL R409500 Q5 2.0T FSI S TRONIC R463000 Q5 3.2 FSI QUATTRO S TRONIC R517500 Q5 3.0 TDI QUATTRO S TRONIC R536000 Q7 3.0TDI QUATTRO TIPTRONIC R616000 Q7 3.6 FSI QUATTRO TIPTRONIC R607500 Q7 4.2 FSI QUATTRO TIPTRONIC...

Light at the end of the tunnel for sector.
January 27, 2011... Byline: David Jackson Light at the end of the tunnel for sector INSURANCE brokers face a complex task in meeting clients' requirements in today's volatile market. Guy Jameson, head of sales and marketing for Alexander Forbes Risk and...

Experience the key in covering corporate risk management.
January 27, 2011... Byline: David Jackson Experience the key in covering corporate risk management COMPARED with the direct insurance segment of the market, the key value proposition corporate brokers bring to the table is their strong knowledge and...

Consumer dominance shapes industry.
January 27, 2011... Byline: David Jackson Consumer dominance shapes industry Insurers are now forced to respond to customers using the channels that their clients prefer SOME of SA's oldest insurance companies retain a strong preference for dealing through...

Service providers forced to take out indemnity cover.
January 27, 2011... Byline: David Jackson Service providers forced to take out indemnity cover IN A major regulatory change for authorised financial services providers, professional indemnity and related cover have become compulsory. The new imperatives,...

Brokers to face challenges of new role.
January 27, 2011... Byline: David Jackson Brokers to face challenges of new role They must learn to use cross-selling and other creative strategies to meet the increasing demands of their client base, writes DAVID JACKSON REGULATORY developments will remain a...

Effective solutions crucial.
January 27, 2011... Byline: David Jackson Effective solutions crucial THE ability to bring innovative solutions, industry-specific skills and strong relationship building to the table will be the defining criteria on which brokers will be judged this year, says...

Adversity can be seen as opportunity.
January 27, 2011... Byline: David Jackson Adversity can be seen as opportunity In an increasingly regulated environment brokers need to find innovative solutions ECONOMIC disparity and global governance, along with the demands of an increasingly regulated...

Drive to expand scope of employee benefits.
January 27, 2011... Byline: David Jackson Drive to expand scope of employee benefits INCREASINGLY, life insurance brokers are being called on by their clients to play a more strategic role in the employee benefits arena. Today's insurance broker is part risk...

Waze and means to stave off ennui.
January 26, 2011... Byline: Kevin O'Grady Waze and means to stave off ennui KEVIN O'GRADY Techno File I WAS somewhere around Tweeling on the edge of the eastern Free State when the addiction began to take hold. I know I've taken liberties with the notorious...

I'll think about the headline a bit later.
January 26, 2011... Byline: Penny Haw I'll think about the headline a bit later I AM a master procrastinator. Tell me the deadline for the Regulation of Interception of Communications and Provision of Communication-Related Information Act (Rica) has been...

From 'a hit and a giggle' to SA's 'top domestic competition'.
January 26, 2011... From 'a hit and a giggle' to SA's 'top domestic competition' SPORTS STAFF Johannesburg CHEVROLET Knights all- rounder Ryan McLaren described the Standard Bank Pro20 series as & arguably the most important competition of the season for all...

'No time for SA to relax on oversight'.
January 26, 2011... Byline: SURE KAMHUNGA 'No time for SA to relax on oversight' IMF warns on complacency after crisis Financial Services Editor THE International Monetary Fund (IMF) has warned SA against regulatory complacency that could expose its financial...

Zuma's self-serving double standards.
January 26, 2011... Zuma's self-serving double standards ALMOST two years ago, on the eve of the 2009 election, then acting National Prosecuting Authority (NPA) head Mokotedi Mpshe announced that fraud and corruption charges against African National Congress (ANC)...

Pirates bank on Celtic to get better of Chiefs.
January 26, 2011... Byline: Mninawa Ntloko Pirates bank on Celtic to get better of Chiefs MNINAWA NTLOKO Sports Editor THOSE who pledge allegiance to premiership log leaders Orlando Pirates should show more than a passing interest when the club's traditional...

King sets up plan for guidance on integrated reports.
January 26, 2011... Byline: SANCHIA TEMKIN King sets up plan for guidance on integrated reports In world first, framework will help firms in providing information for 'a new era' Professional Services Editor A WORLD-first initiative to launch a framework for...

Concessions made on company registers and fraudsters in draft bill.
January 26, 2011... Byline: LINDA ENSOR Concessions made on company registers and fraudsters in draft bill Political Correspondent CAPE TOWN The Department of Trade and Industry has agreed to change the draft Companies Amendment Bill to make it easier for the...

State upbeat on solar water-heating target.
January 26, 2011... Byline: LINDA ENSOR State upbeat on solar water-heating target Political Correspondent CAPE TOWN The government has a long way to go to achieve its target of 1-million installed solar water heating systems by 2014 but it believes that a mix...

Dissident quits IFP to form her own party.
January 26, 2011... Byline: EDWARD WEST Dissident quits IFP to form her own party KwaZulu-Natal Editor ZANELE Magwaza-Msibi yesterday resigned as chairwoman of the Inkatha Freedom Party (IFP) in order to form a new party, the National Freedom Party. Ms...

ANC tells Gauteng government to produce plan for new jobs.
January 26, 2011... Byline: SIBONGAKONKE SHOBA ANC tells Gauteng government to produce plan for new jobs Deputy Political Editor THE African National Congress (ANC) in Gauteng has instructed Premier Nomvula Mokonyane's cabinet to come up with a detailed plan for...

TB research appeals for funding.
January 26, 2011... Byline: TAMAR KAHN TB research appeals for funding Science and Health Editor CAPE TOWN Scientists from the South African Tuberculosis Vaccine Initiative (Satvi) yesterday appealed to Parliament to help them lobby for more financial support...

State offers assistance to flood-hit farmers.
January 26, 2011... Byline: HOPEWELL RADEBE State offers assistance to flood-hit farmers Land and Agriculture Editor AGRICULTURE Minister Tina Joemat-Pettersson has undertaken to roll out assistance packages to farmers to return their operations to 80%...

New laws 'could lead to torture of detainees'.
January 26, 2011... Byline: WYNDHAM HARTLEY New laws 'could lead to torture of detainees' Parliamentary Editor CAPE TOWN Civil society organisations have condemned proposed new legal provisions which would allow awaiting trial detainees to be released into the...

Law society says clarity needed on judges code.
January 26, 2011... Byline: ERNEST MABUZA Law society says clarity needed on judges code Legal Affairs Correspondent THE draft code of judicial conduct and regulation of judges should also provide certainty surrounding the disciplinary jurisdiction over acting...

Pleas to limit 'secrecy bill' seem to fall on deaf ears.
January 26, 2011... Byline: WYNDHAM HARTLEY Pleas to limit 'secrecy bill' seem to fall on deaf ears CAPE TOWN Opposition attempts to have the & secrecy bill& limited to apply only to government departments that deal with intelligence and security...

Sound base for better return on earnings.
January 26, 2011... Byline: Ben Temkin PRIVATE INVESTOR Sound base for better return on earnings BEFORE the holiday break, I reviewed the progress of the two portfolios which are the focus of this column. These are the Private Investor portfolio and the High...

The Third Umpire. Out: Short-listed SABC board candidate Lumko Mtimde "no conflict of interest" in his applying for radio licences? Yet another ANC cadre deployed with business interests within his portfolio.
January 26, 2011... Short-listed SABC board candidate Lumko Mtimde & no conflict of interest& in his applying for radio licences? Yet another ANC cadre deployed with business interests within his portfolio.

The Third Umpire. In: Labour Minister Mildred Oliphant for her eminently sensible stance that creating jobs, not bickering about which jobs are better than others, is the government's highest priority.
January 26, 2011... Labour Minister Mildred Oliphant for her eminently sensible stance that creating jobs, not bickering about which jobs are better than others, is the government's highest priority.

Offshore investments 'offer good returns'.
January 26, 2011... Byline: Alistair Anderson Offshore investments 'offer good returns' ALISTAIR ANDERSON Contributing writer INTERNATIONAL equities will be the best performing asset class this year, an investment strategist said yesterday, encouraging investors...

Building sector set for a 'flat year'.
January 26, 2011... Byline: Mark Allix Building sector set for a 'flat year' MARK ALLIX Industrial Correspondent HOPES of better days remain a pipe-dream for brick, tile and clay pipe manufacturer Brikor, whose shares were suspended by the JSE on Monday. And...

New Growth Path success needs 'new politics'.
January 26, 2011... Byline: Steven Friedman New Growth Path success needs 'new politics' 'Business and labour have been cutting deals for three decades. But they have not co-operated with each other' THE problem with the government's New Growth Path is not that...

ATMs may have criminals going for gold.
January 26, 2011... Byline: MICHAEL BLEBY ATMs may have criminals going for gold Retail Industries Editor THOMAS Geissler calls his gold coin dispensing automatic teller machines (ATMs) Gold to Go. If his plan to install SA's first such machine at Cape Town's...

Judge finds SABC guilty of distorting news, lying.
January 26, 2011... Byline: CHANTELLE BENJAMIN Judge finds SABC guilty of distorting news, lying Widespread manipulation took place under Zikalala, court rules Media Editor A HIGH court judge in Johannesburg has found the SABC guilty of manipulating the news in...