Business Day (South Africa) articles from January 2011

Business Day (South Africa) archives from January 2011

Interview - Nazrien Kader, tax advisor. An exciting time for tax advisers.
January 31, 2011... Byline: SANCHIA TEMKIN An exciting time for tax advisers When Nazrien Kader started out, she didn't plan to be in the job longer than two years, writes THE taxation services environment in SA is dynamic for professionals,& says Nazrien...

No GM fowl for this coca-populist.
January 31, 2011... Byline: PATRICK BULGER No GM fowl for this coca-populist Late Night News WHEN Bolivians threatened to revolt after President Evo Morales scrapped millions of dollars in fuel subsidies just before new year, Morales was anxious that his next...

Mother Russia's defeat a slow affair.
January 31, 2011... Byline: DAVID MOLLETT Mother Russia's defeat a slow affair Racing Editor CAPE TOWN Some punters felt the tragic events in Moscow last week were a bad omen for Mother Russia's chances in Saturday's R2,5m J& B Met at Kenilworth. So it...

Casey holds nerve to win Volvo Golf Champions in Bahrain.
January 31, 2011... Byline: BERNIE MCGUIRE Casey holds nerve to win Volvo Golf Champions in Bahrain Riffa WORLD No9 Paul Casey claimed his first European Tour title since 2009 by winning the inaugural Volvo Golf Champions yesterday. The Briton carded a...

Crucial CD Collection.
January 31, 2011... Byline: RICHARD HASLOP Crucial CD Collection THERE's a well travelled tale about a rock musician who had been engaged, with others of his stylistic ilk, to provide backing for the great Texas blues singer Lightnin' Hopkins and help bring his...

Take a leaf out of Brazil's book: back small businesses.
January 31, 2011... Byline: Stephen Timm Enterprise Take a leaf out of Brazil's book: back small businesses WITH the African National Congress's announcement this month that job creation will be its main focus this year, the government could do well to boost...

We could do with some Kennedy stardust.
January 31, 2011... Byline: PETER VALE We could do with some Kennedy stardust THE recent 50th anniversary of the inauguration of John F Kennedy as America's 35th president marked an occasion that was a cornerstone in the lives of many of my generation. ...

C'te d'Ivoire poll result is less than cut and dried.
January 31, 2011... Byline: Aubrey Matshiqi C'te d'Ivoire poll result is less than cut and dried I AM certain the incumbent president of C'te d'Ivoire, Laurent Gbagbo, lost to his opponent, Alassane Ouattara, in November's presidential election. And my gut tells...

Wage restraint is New Growth Path's lesser evil.
January 31, 2011... Byline: Gavin Keeton Wage restraint is New Growth Path's lesser evil 'Unit labour costs in SA rose 16% from 2007-09. In other countries, wage restraint meant many jobs were saved' IT IS unfortunate that much of the initial debate on the...

Proposed new labour laws are the mother of all madness.
January 31, 2011... Byline: John Kane-Berman Proposed new labour laws are the mother of all madness THE Congress of South African Trade Unions (Cosatu) has promised the & mother of all boycotts& to keep Wal-Mart out of SA. It also threatens the &...

Ousted CSA board members weigh in against Majola.
January 31, 2011... Byline: TELFORD VICE Ousted CSA board members weigh in against Majola Three forced out over bonus scandal say vote of no confidence forced their hand Cricket Correspondent SENIOR Cricket SA (CSA) officials are under attack from three former...

Department backs ICT against Kumba.
January 31, 2011... Byline: ALLAN SECCOMBE Department backs ICT against Kumba Resources Editor THE Department of Mineral Resources regards the application by Imperial Crown Trading (ICT) for a prospecting right as above board, dismissing Kumba Iron Ore's...

High cost of war veteran benefits queried.
January 31, 2011... Byline: WYNDHAM HARTLEY High cost of war veteran benefits queried Parliamentary Editor CAPE TOWN Fears are growing that the government cannot afford the cost of vastly increased benefits promised to military veterans, with estimates for...

Joburg reassures property developers.
January 31, 2011... Byline: CHANTELLE BENJAMIN Joburg reassures property developers THE Johannesburg revenue department has assured property developers that it is working to reduce delays in issuing clearance certificates, which have had serious implications for...

Japanese also deny scrambling for Africa.
January 31, 2011... Byline: Loyiso Langeni Japanese also deny scrambling for Africa Ambassador punts infrastructure projects to make trade easier, writes JAPAN is the second major industrial country after the US to deny it is racing to compete with the Chinese...

SA's labour force 'far bigger than estimate'.
January 31, 2011... Byline: SANCHIA TEMKIN SA's labour force 'far bigger than estimate' Professional Services Editor THE accuracy of SA's labour force statistics were challenged by human capital management and business process outsourcing group Adcorp Holdings...

Call for clearer messages on Madiba health.
January 31, 2011... Byline: MICHAEL BLEBY Call for clearer messages on Madiba health Associate Editor PARTIES with competing claims to Nelson Mandela's legacy should resolve their differences and cooperate to prevent a recurrence of last week's crisis over the...

IFP 'to weed out moles' after splinter National Freedom Party is formed.
January 31, 2011... Byline: LOYISO LANGENI IFP 'to weed out moles' after splinter National Freedom Party is formed THE Inkatha Freedom Party (IFP) is conducting a vetting and security clearance campaign of its representatives to & weed out all undesirable...

Nersa feed-in tariff plan aims to boost co-generation projects.
January 31, 2011... Byline: SISEKO NJOBENI Nersa feed-in tariff plan aims to boost co-generation projects Energy Affairs Editor IN A big boost for non-Eskom power generation, the National Energy Regulator of SA (Nersa) wants to develop co-generation feed-in...

Corrupt police 'main cause of mistrust'.
January 31, 2011... Byline: ERNEST MABUZA Corrupt police 'main cause of mistrust' A BELIEF that many police officers were corrupt was the main reason for the public's lack of trust in the service, a study by the Institute for Security Studies showed. The...

Banks may get reprieve on symbols.
January 31, 2011... Byline: LINDA ENSOR Banks may get reprieve on symbols Political Correspondent CAPE TOWN The Department of Trade and Industry is trying to find out what costs banks would incur if companies were allowed to use symbols in their names, so that...

Gravity waves may still wash up in the dry Karoo.
January 31, 2011... Byline: Tamar Kahn Gravity waves may still wash up in the dry Karoo Scientists in SA are gearing up to join the search for exotic cosmic phenomena, writes SOUTH African scientists are getting ready to join the global hunt for gravity waves...

Top US business school plans to open office in SA.
January 31, 2011... Byline: SUE BLAINE Top US business school plans to open office in SA Education Editor TOP US business school the Centre for Creative Leadership (CCL) is looking to open an office in SA, three years after it began offering its Leadership...

Social security agency audit gets disclaimer.
January 31, 2011... Byline: LINDA ENSOR Social security agency audit gets disclaimer Political Correspondent CAPE TOWN Poor record-keeping by the South African Social Security Agency which distributes social grants to more than 14-million people as well as a...

Buy on dips as gold ekes out further gains.
January 31, 2011... Byline: Jean Temkin TECHNICAL PREVIEW Buy on dips as gold ekes out further gains THE world is a-tremble with inflation fears. At home, hands were raised in horror at the prospect of adding rising prices to our long list of woes. My warning...

THE THICK END OF THE WEDGE.
January 31, 2011... Byline: Peter Bruce THE THICK END OF THE WEDGE THE EDITOR'S NOTEBOOK HOW's this for negligence? Nelson Mandela falls ill in or near Cape Town. He is flown in a military aircraft to Waterkloof, the Pretoria air force base (where he happens to...

The moralisers against pleasure have it wrong.
January 31, 2011... Byline: Gareth van Onselen THE THING ABOUT /Pleasure The moralisers against pleasure have it wrong & For this character I sort of went into that self-punishing mode. On my own I'm a pleasure seeker.& Natalie Portman.& PLEASURE is...

Shareholders in Freeworld let down.
January 31, 2011... Byline: Stuart Theobald Shareholders in Freeworld let down FREEWORLD Coatings' efforts to escape the takeover bid from Japanese paint giant Kansai has gone from sublime to ridiculous. Freeworld's board has been less than warm about Kansai's...

A calamity all in SA try not to see.
January 31, 2011... Byline: Tim Cohen A calamity all in SA try not to see ONE of the worrying things about the calamitous decline of the mining industry in SA is that no one seems to see it as calamitous. Any administration responsible for a country's most...

Who would guess oppressed people would rather not be oppressed?
January 31, 2011... Byline: Tim Cohen Who would guess oppressed people would rather not be oppressed? I WAS under the impression that the revolution would not be televised? And yet, there it is, on TV. At least until the TV was turned off. Al Jazeera, the...

SCOREBOARD.
January 31, 2011... Australia innings S Watson c Collingwood b Woakes 16 B Haddin b Finn 37 S Marsh c Strauss b Collingwood 16 M Clarke Strauss b Woakes 54 C White c Prior b Woakes 16 D Hussey b Woakes 34 S Smith not out 24 M Johnson b Anderson 16 J Hastings c...

SA bank on Peterson's solid skills at World Cup.
January 31, 2011... Byline: TELFORD VICE SA bank on Peterson's solid skills at World Cup Johannesburg ROBIN Peterson could be SA's silent assassin at the World Cup in the Asian subcontinent, or he could turn out to be the target that opponents love to line up in...

Saru praised for cutting supplements to Springboks.
January 31, 2011... Byline: Zeena Isaacs Saru praised for cutting supplements to Springboks ZEENA ISAACS Rugby Correspondent KHALID Galant, CEO of the South African Institute for Drug-Free Sport, yesterday lauded the South African Rugby Union's (Saru's) decision...

Edcon CEO will retire next year.
January 31, 2011... Byline: ALISTAIR ANDERSON Edcon CEO will retire next year Contributing Writer EDCON CEO Stephen Ross would retire next year, the credit retail powerhouse said on Friday. The group, which owns Edgars, Jet and CNA and which delisted from the...

BHP unit to dispose of unexploited coal assets.
January 31, 2011... Byline: Allan Seccombe BHP unit to dispose of unexploited coal assets ALLAN SECCOMBE Resources Editor BHP Billiton Energy Coal SA (BECSA) is putting up for sale a number of undeveloped coal assets and has invited tenders from parties...

CSC appoints Whittaker to board.
January 31, 2011... Byline: Thabang Mokopanele CSC appoints Whittaker to board THABANG MOKOPANELE Property Editor NOW that shareholders have given Capital Shopping Centres (CSC) approval to acquire The Trafford Centre, the UK's largest shopping malls owner has...

Call to companies to educate staff on exit options.
January 31, 2011... Byline: Bryan Hirsch Call to companies to educate staff on exit options ONLY last week I suggested ways in which companies could help employees cope with their debt-related stress. Companies are usually willing to try to assist their...

Hudaco reverses sales decline, but strong rand bites.(Financial report)
January 31, 2011... Byline: Mark Allix Hudaco reverses sales decline, but strong rand bites MARK ALLIX Industrial Correspondent HUDACO Industries, an importer and distributor of branded industrial products, said on Friday that sales of R2,5bn for the year ended...

Barrie's World.
January 31, 2011... Byline: Andre Kriel Barrie's World I refer to the article by Barrie Terblanche (Clothing industry: only a miracle will stop Sactwu's suicidal trajectory, January 25). Reading it, I realised we had all stumbled upon a bizarre parallel...

IMF advice rejected.
January 31, 2011... Byline: CJ van der Maas IMF advice rejected The article, No time for SA to relax on oversight (January 26), refers. May I respectfully suggest to Jose Vinals of the International Monetary Fund (IMF) that he concentrate his efforts and advice...

DA's Cape is a white homeland.
January 31, 2011... Byline: Mayihlome Tshwete DA's Cape is a white homeland I am quite a fan of Democratic Alliance (DA) national spokeswoman Lindiwe Mazibuko. She is quite a bubbly character. I had the pleasure of watching her debate some matter of individual...

Players' needs vary.
January 31, 2011... Byline: Thami Mazwai Players' needs vary The comments by Louis Volschenk (BEE stifles innovation, Letters, January 28) need a response. His argument that the same principles of business apply for big or small is flawed. Any economy has...

Just call it lying.
January 31, 2011... Byline: Jeanne McLeod Just call it lying It is not clear from the use of the word & prevarication& whether the writer (Schengen visa mystery, Letters, January 27) intends to ascribe to it the meaning of an intention to deceive or to...

They must answer.
January 31, 2011... Byline: C Parvess They must answer I sit in the Randburg electricity department, having spoken to many, many disgruntled residents. All complaining that they are without electricity having paid their accounts. I am one of those very people....

Slow payment hits Murray & Roberts profit.
January 31, 2011... Byline: Thabang Mokopanele Slow payment hits Murray & Roberts profit Loss expected for interim period THABANG MOKOPANELE Property Editor DELAYS in payments for work done on projects at Dubai Airport, Gautrain and Eskom's Medupi and Kusile...

Keen competition for Telkom CEO post.
January 31, 2011... Byline: Thabiso Mochiko Keen competition for Telkom CEO post THABISO MOCHIKO Information Technology Editor AT LEAST five candidates including current and former executives of Telkom have thrown their hats into the ring for the post of Telkom...

Where fairy glens and falls compete.
January 28, 2011... Byline: SUE BLAINE Where fairy glens and falls compete WHEN I was a child my father had a brass sign above his desk that read: & Sometimes I sit and think, and sometimes I just sit.& It was only when I grew up I realised the emotion...

Very likely to stand the test of time.
January 28, 2011... Byline: JP Rossouw Very likely to stand the test of time THE TEST KITCHEN The Old Biscuit Mill, 375 Albert Road, Woodstock, Cape Town; lunch and dinner Tuesday to Saturday. (021) 447-2337, www.thetestkitchen.co.za, Rating: ****1/2 LUKE...

What now for La Colombe?
January 28, 2011... Byline: JP Rossouw What now for La Colombe? LIFE AFTER DALE-ROBERTSLuke Dale-Roberts was the executive chef at Constantia Uitsig's La Colombe for barely three years, after an interregnum period while they searched for a worthy replacement for...

Sishen ownership dispute heading for court.
January 28, 2011... Byline: Dave Marrs THE BOTTOM LINE COLUMN Sishen ownership dispute heading for court KUMBA would appear to have tweaked the tiger's tail in its dealings with the Department of Mineral Resources to secure a part of the Sishen iron-ore mine it...

Bravura may spoil Marcus's Met celebration.
January 28, 2011... Byline: David Mollett Bravura may spoil Marcus's Met celebration DAVID MOLLETT Racing Editor CHAMPION jockey Anton Marcus partnered to a sensational victory in the Investec Cape Derby exactly a year ago and now could upstage his mount, Mother...

'All silencing of discussion is an assumption of infallibility'.
January 28, 2011... Byline: Michel Pireu StreetDogs 'All silencing of discussion is an assumption of infallibility' THINK for yourselves and let others enjoy the privilege to do so too.& Voltaire & The only freedom which deserves the name, is that of...

JSE gains capped by US jobs data.
January 28, 2011... JSE MARKET REPORT JSE gains capped by US jobs data THE JSE ended in positive territory yesterday but off the session's best levels after worse than expected US jobless claims data. The JSE all share index closed 0,63% firmer, led by gold...

A rosy view from inside a pothole.
January 28, 2011... A rosy view from inside a pothole THERE's little that better epitomises the failure of the first generation of African National Congress (ANC) leaders after 1994 to capitalise on what they inherited than the gently decaying city of Johannesburg...

It's just not good enough.
January 28, 2011... It's just not good enough EARLIER this week, Public Works Minister Gwen Mahlangu-Nkabinde announced government plans to launch a R150m project to address the growing pothole problem. The project will create about 14000 new jobs and should...

Arts & Leisure. Wine.
January 28, 2011... Byline: MICHAEL FRIDJHON Wine THE Cape has had a decent enough holiday season by all accounts, though the visitors who braved the usual crowded destinations were not spending as much as they did in the past. This should not come as much of a...

Modise makes sudden move to Sundowns.
January 28, 2011... Byline: Mninawa Ntloko Modise makes sudden move to Sundowns Pirates drop disciplinary hearing after accepting offer for player MNINAWA NTLOKO Sports Editor BAFANA Bafana midfielder Teko Modise's tempestuous relationship with Orlando Pirates...

Kenyan case a good test of an ICC founding principle.
January 28, 2011... Byline: Max du Plessis and Chris Gevers International justice Kenyan case a good test of an ICC founding principle KENYA has recently become the epicentre of growing tension between the International Criminal Court (ICC) and Africa. Last...

Sloppy jobs promises set Zuma up for a backlash.
January 28, 2011... Byline: Anthony Butler Sloppy jobs promises set Zuma up for a backlash THE African National Congress (ANC) has got off to a dynamic but not altogether promising start to the new year. In its January 8 statement, the ANC's national executive...

Think outside the box to solve unemployment.
January 28, 2011... Byline: Itumeleng Mahabane Think outside the box to solve unemployment THE economic year has begun with suitable melodrama, replete with its own mantra: & jobs, jobs, jobs& There is a sense of urgency about the importance of economic...

New 'secrecy' law threat to zoo, museums.
January 28, 2011... Byline: WYNDHAM HARTLEY New 'secrecy' law threat to zoo, museums Parliamentary Editor CAPE TOWN Johannesburg Zoo could be crawling with National Intelligence Agency operatives if Parliament does not amend the Protection of Information Bill,...

Billing crisis could result in qualified audit for Joburg.
January 28, 2011... Byline: CHANTELLE BENJAMIN and SARAH HUDLESTON Billing crisis could result in qualified audit for Joburg JOHANNESBURG's billing chaos could result in the city receiving a qualified audit this year. It emerged at a city council meeting...

Threat to sue over 'flawed' decision.
January 28, 2011... Byline: ALLAN SECCOMBE Threat to sue over 'flawed' decision KUMBA Iron Ore is threatening further court action to overturn a decision by the Department of Mineral Resources to reject its mining right application for a disputed portion of SA's...

The Sishen iron-ore mine.
January 28, 2011... DISPUTED: The Sishen iron-ore mine. A subsidiary of Kumba is asking the high court to set aside the Department of Mineral Resources' awarding of a prospecting right over a 21,4% stake in the mine to the politically connected firm ICT.

New biometric SA passports 'in 12 months'.
January 28, 2011... Byline: LOYISO LANGENI New biometric SA passports 'in 12 months' Trade and Diplomatic Correspondent THE Department of Home Affairs will recall all old passports within the next 12 months, replacing them with a new, more secure biometric...

Battle for Cape's township voters.
January 28, 2011... Byline: Bekezela Phakathi Battle for Cape's township voters After many letdowns residents are undecided, writes AS THE Democratic Alliance (DA) and the African National Congress (ANC) gear up to lock horns in this year's polls, residents of...

My future in ANC hands eThekwini mayor.
January 28, 2011... Byline: EDWARD WEST My future in ANC hands eThekwini mayor KwaZulu-Natal Editor ETHEKWINI's long-serving mayor, Obed Mlaba, says his & deployment& after the local government elections remains in the hands of the African National...

Homeowners 'still ask unrealistic prices'.
January 28, 2011... Byline: THABANG MOKOPANELE Homeowners 'still ask unrealistic prices' Property Editor PEOPLE selling their houses continue to ask unrealistic prices, resulting in properties spending more than 15 weeks on the market. First National Bank's...

Lottery sets aside R50m for flood relief.
January 28, 2011... Byline: HOPEWELL RADEBE Lottery sets aside R50m for flood relief Land and Agriculture Editor PRETORIA The National Lottery Distribution Trust Fund said yesterday the devastation by recent floods had become a project of national significance...

Miners ask 'suspended' Sadc tribunal to hear case.
January 28, 2011... Byline: FRANNY RABKIN Miners ask 'suspended' Sadc tribunal to hear case Law and Constitution Writer JOSIAS van Zyl, MD of Swissborough Diamond Mines, and eight other mining companies in dispute with Lesotho, have applied to the Southern...

Reitz hostel now an institute for justice.
January 28, 2011... Byline: SUE BLAINE Reitz hostel now an institute for justice Education Editor DEPUTY President Kgalema Motlanthe yesterday wished the University of the Free State (UFS) well in its transformation efforts just as Anglican Archbishop Emeritus...

Fambrands share may well be undervalued.
January 28, 2011... Byline: Ben Temkin Fambrands share may well be undervalued SHORTLY after yesterday's column was filed, the High Yield portfolio bought Spar shares on the buying signals given by the technical indicators. The shares were bought at a market...

The Third Umpire. In: Former president Nelson Mandela for battling on, in a body that must be tired beyond its considerable years, and for remaining in what his foundation calls "high spirits". Get well soon.
January 28, 2011... Former president Nelson Mandela for battling on, in a body that must be tired beyond its considerable years, and for remaining in what his foundation calls & high spirits& Get well soon.

The Third Umpire. Out: Johannesburg mayor Amos Masondo for proving women may be from Venus but mayors are often from Mars what planet/city does he live in that he can claim there is no billing crisis in Joburg?
January 28, 2011... Johannesburg mayor Amos Masondo for proving women may be from Venus but mayors are often from Mars what planet/city does he live in that he can claim there is no billing crisis in Joburg?

The Third Umpire. In: Public Enterprises Minister Malusi Gigaba, for saying all the right things about accountability, no buck-passing, and about keeping a much-needed beady eye on state-owned enterprises.
January 28, 2011... Public Enterprises Minister Malusi Gigaba, for saying all the right things about accountability, no buck-passing, and about keeping a much-needed beady eye on state-owned enterprises.

Selections.
January 28, 2011... 1st Race: (11) Regal Roxy (1) Sublime (4) Time Rolls On (14) What A Night 2nd Race: (8) Advance Warning (7) Skyblade (6) Kim Possible (11) Neil's Mission 3rd Race: (6) Micro Jet (7) Flight Specialist (11) Lady Esperanza (12) Next Auria 4th Race:...

Fourie wary of Super expectations on Cheetahs.
January 28, 2011... Byline: Zeena Isaacs Fourie wary of Super expectations on Cheetahs ZEENA ISAACS Rugby Correspondent CHEETAHS assistant coach Hawies Fourie yesterday played down suggestions that the new Super Rugby format could suit his team given their...

JD Group's sales up after splitting divisions.(Financial report)
January 28, 2011... Byline: Alistair Anderson JD Group's sales up after splitting divisions ALISTAIR ANDERSON Contributing Writer FURNITURE retailer JD Group yesterday reported a 20,4% increase in merchandise sales at its furniture retail division for the four...

Uranium One picks CE.
January 28, 2011... Byline: Alistair Anderson Uranium One picks CE ALISTAIR ANDERSON Contributing Writer JSE-listed Uranium One said yesterday it had appointed Chris Sattler, the company's executive vice-president for corporate development, as CE. Sattler,...

Cricket SA to pump big money into Pro20.
January 28, 2011... Byline: TELFORD VICE Cricket SA to pump big money into Pro20 Johannesburg THE last edition of the Standard Bank Pro20 Series, starting today, will be more heavily subsidised than usual by Cricket SA. Both parties declined yesterday to...

Abil aims to advance more credit.
January 28, 2011... Byline: Sure Kamhunga Abil aims to advance more credit SURE KAMHUNGA AFRICAN Bank Investment Limited (Abil) has set a target of growing credit advances 25%, up from a growth rate of 20% last year. The group has also set a target of...

Shopping centre is fully tenanted.
January 28, 2011... Byline: Madden Cole Shopping centre is fully tenanted BIDDERS are expected to flock to the Hilton Hotel in Sandton on February 16 when commercial properties go under the auctioneer's gavel. One highlight is a fully tenanted shopping centre in...

Look carefully at offshore properties.
January 28, 2011... Byline: Madden Cole Look carefully at offshore properties THE strong rand, low interest rates and relaxed exchange controls have led to more South Africans considering buying property overseas, particularly in the UK and US. So, is this a...

Aquarius increases revenue and margins.(Financial report)
January 28, 2011... Byline: Mark Allix Aquarius increases revenue and margins MARK ALLIX AQUARIUS Platinum yesterday reported that second-quarter production rose 14% from a year earlier to 127579 platinum group metals ounces, as revenue and cash margins shot up....