Business Day (South Africa) articles from June 2010, page 7

Business Day (South Africa) archives from June 2010

Cost-cutting landlords sell smaller properties.
June 18, 2010... Byline: Thabang Mokopanele Cost-cutting landlords sell smaller properties THABANG MOKOPANELE Property Editor MANY large commercial property owners are in the process of decreasing their exposure to smaller, more management-intensive...

Bidders have chance to snap up real gold mine.
June 18, 2010... Byline: Madden Cole Bidders have chance to snap up real gold mine A GOLD mine will be auctioned by Van's Auctioneers in Schweizer- Reyneke next week. The mine is being sold with first rate infrastructure, a plant and a mining licence. It...

DECOR & DESIGN Bathrooms. Enhancing small spaces.
June 18, 2010... Byline: Suzanne Frost DECOR & DESIGN Bathrooms Enhancing small spaces Red is a beautiful and emotive colour and a great way of adding punch and vitality to a bathroom area. finds out more THE free-standing Napoli bath corresponds in form...

CEO SOAPBOX. Own a piece of pristine reserve.
June 18, 2010... Byline: Brian Whiting CEO SOAPBOX Own a piece of pristine reserve Ownership opportunities in Mjejane Game Reserve THE 4 000ha Mjejane Game Reserve is situated on the last extensive tract of pristine indigenous bush bordering the Crocodile...

DEVELOPMENT HIGHLIGHT. All the city comforts in a rural farm setting.
June 18, 2010... Byline: Michelle Swart DEVELOPMENT HIGHLIGHT All the city comforts in a rural farm setting finds out more about a new estate in the heart of apple country A TRANQUIL country estate has been launched in the Western Cape's Elgin Valley about an...

HOMETALK Food. Cooking a better schnitzel.
June 18, 2010... Byline: Hennie Fisher HOMETALK Food Cooking a better schnitzel These traditionally crumbed cutlets may not be available in super-smart trendy places, but you are bound to run into one at almost every other middle-of-the-road South African...

HOMETALK Wine. Soup finds its match in Merlot.
June 18, 2010... Byline: Suzanne Frost HOMETALK Wine Soup finds its match in Merlot Since ancient times soup and bread have stood as symbols of warmth and hospitality. But is this simple meal too homely to pair with wine? finds out AT THE annual Soup, Sip and...

Johannesburg CBD.
June 18, 2010... Johannesburg CBD Size: The stand size is 310m and 240m under roof Setup: This penthouse on three levels is perched on top of the historic Barclays Bank that was built in 1930. Situated in Commissioner Street in Johannesburg's CBD, it overlooks...

INTERNATIONAL INVESTMENT. Malta ticks right boxes.
June 18, 2010... Byline: Lea Jacobs INTERNATIONAL INVESTMENT Malta ticks right boxes investigates why a tiny island in the middle of the Mediterranean is experiencing an increase in foreign investment IT'S not surprising that Malta is on the radar screens of...

INVESTMENT OPPORTUNITY. Keeping World Cup dream alive.
June 18, 2010... Byline: Lea Jacobs INVESTMENT OPPORTUNITY Keeping World Cup dream alive finds out why a new upmarket development situated in the shadow of the Cape Town Stadium is causing a bit of a stir MUCH has been written about SA hosting the World Cup....

LIFESTYLE FEATURE. Amanzimtoti shines.
June 18, 2010... Byline: Lea Jacobs LIFESTYLE FEATURE Amanzimtoti shines The closure of Durban International Airport has fuelled demand for second homes in nearby Amanzimtoti. finds out why IF LOCAL legend is to be believed, Amanzimtoti was named by King...

SHOWCASE. A country feel within the city.
June 18, 2010... Byline: Michelle Swart SHOWCASE A country feel within the city Our feature home, which measures approximately 1 000m under roof, is situated in Pretoria's Woodhill Residential Estate AS ONE of Pretoria's premier residential estates, Woodhill...

PROPERTY HIGHLIGHT. A part of history in a leafy suburb.
June 18, 2010... Byline: Michelle Swart PROPERTY HIGHLIGHT A part of history in a leafy suburb The Red House, a historic property with National Monument status in Newlands, Cape Town, is on the market for R14m, writes LOCATED at the eastern slopes of Table...

Upturn forecast despite fall-off in bilateral trade.
June 18, 2010... Byline: David Jackson Upturn forecast despite fall-off in bilateral trade Feeling effects of the impact of the global economic crisis on business between Italy and SA ITALY's trade flows with SA showed a contraction last year in both exports...

Soccer showpiece could be a beautiful business card for SA.
June 18, 2010... Byline: David Jackson Soccer showpiece could be a beautiful business card for SA STAGING the 2010 Soccer World Cup in SA could not have come at a more opportune time for organisations such as the Italian-SA Chamber of Trade and Industries....

Moves to aid the Italian connection.
June 18, 2010... Byline: David Jackson Moves to aid the Italian connection SEVERAL initiatives are being put in place to support Italian companies particularly small and medium enterprises to secure markets in this country. These are driven in large measure...

Carbon control a key factor for car buyers.
June 18, 2010... Byline: David Jackson Carbon control a key factor for car buyers BUYING patterns in Europe show that people buying motor vehicles are being influenced by environmental considerations, and South Africans are set to follow suit. In SA,...

World Cup can boost trade.
June 18, 2010... Byline: David Jackson World Cup can boost trade Dealing with small and medium Italian entrepreneurs can help to ease SA's crippling unemployment backlog, writes DAVID JACKSON ITALY has high hopes that the first-ever 2010 Soccer World Cup to...

Cheese says ciao.
June 18, 2010... Byline: David Jackson Cheese says ciao ITALIAN dairy company Parmalat again performed well at this year's South African dairy championships, claiming two qualite awards. Parmalat, whose Italian mother company Parmalat SpA has its...

CoAL's real problem is likely to be shipping.
June 18, 2010... Byline: Nick Wilson THE BOTTOM LINE COLUMN CoAL's real problem is likely to be shipping IT HAS been an oddly up and down period for ambitious junior coal miner Coal of Africa (CoAL). On the one hand, CoAL managed to get its capital raising...

CORRECTION.(Correction notice)
June 18, 2010... CORRECTION In the story titled Fraud claims as Blue Financial Services quits Rwanda, in the Tuesday edition of Business Day, we incorrectly repeated an erroneous statement published by the New Times of Rwanda, which stated that Blue Financial...

The Insider.
June 18, 2010... You know your team is in trouble when... WHEN the Swiss national soccer team had to hire a public relations firm to up its profile, it was evident that it had officially become the least supported team taking part in the Soccer World Cup. ...

Tough tasks for new Eskom boss.
June 18, 2010... Tough tasks for new Eskom boss THE appointment of Brian Dames as CEO of Eskom will bring stability and certainty to a company that has been through turbulent times. Dames, a nuclear physicist who has spent much of his career in Eskom's nuclear...

The point is to host, not win.
June 18, 2010... The point is to host, not win LOOK, it may be time for President Jacob Zuma to make a few notes for after the South African match against France in Bloemfontein next week. Perhaps one of his many advisers can find him a television camera to...

CoAL issues shares abroad worth GBP55m.
June 18, 2010... Byline: Simon Mundy CoAL issues shares abroad worth GBP55m SIMON MUNDY JUNIOR miner Coal of Africa (CoAL) said yesterday it had raised GBP55m (R619m) through a share placement that will provide it with funds to pursue objectives including a...

Strike 'hurt' Gold One but was 'necessary'.
June 18, 2010... Byline: Simon Mundy Strike 'hurt' Gold One but was 'necessary' SIMON MUNDY Contributing Writer GOLD One CEO Neal Froneman said yesterday that a four-week strike at the company's flagship Modder East mine had been necessary to establish a...

Two homes on offer in stable Marina da Gama.
June 18, 2010... Byline: Madden Cole Two homes on offer in stable Marina da Gama RAWSON Auctions will put one of the larger homes in Muizenberg's Marina da Gama under the hammer. The home in Oudevlei Road is in the northern section of the precinct, and...

Randfontein mine staff flats on auction.
June 18, 2010... Byline: Madden Cole Randfontein mine staff flats on auction SAVILE Row Auctions will be holding an auction at Summer Place, in Hyde Park, on Thursday. The residential section is due to start at 10am, followed by commercial sales at noon. The...

Zeerust game farm has own landing strip.
June 18, 2010... Byline: Madden Cole Zeerust game farm has own landing strip A BIG-game and cattle farm in Zeerust comes under the hammer at a liquidation auction on June 30 when Ubique Auctioneers of Potchefstroom will sell the farm Rietfontein owned by Hugo...

Vunani buys extra stake to control PQ.
June 18, 2010... Byline: Sure Kamhunga Vunani buys extra stake to control PQ SURE KAMHUNGA VUNANI Capital is now the majority owner of PQ after increasing its stake in the fund management firm to 51%, catapulting the company into the top league of black-owned...

Mexico's win means Bafana need miracle against France.
June 18, 2010... Byline: Mninawa Ntloko Mexico's win means Bafana need miracle against France MNINAWA NTLOKO Sports Editor BAFANA Bafana are all but out of the 2010 Soccer World Cup after Mexico beat France 2-0 at Polokwane's Peter Mokaba Stadium last night....

Centurion Golf Estate, Centurion.
June 18, 2010... HOT PROPERTIES In your dreams Home Front's selection of premium properties on sale nationwide Centurion Golf Estate, Centurion Size: The stand size is 750m and the house size is 460m Setup: This home in one of the top security estates has four...

CAPE NEWS. Benefits of holiday homes.
June 18, 2010... Byline: Anna-Marie Smith CAPE NEWS Benefits of holiday homes Buyers of shared vacation ownership maybe wise to view their purchases as future holidays bought at today's prices, writes THE traditional family holiday home market is no longer...

DECOR & DESIGN - Gardening. Moving roses.
June 18, 2010... Byline: Alice Spenser-Higgs DECOR & DESIGN - Gardening Moving roses There is nothing worse than having an unhappy rose in the wrong position in your garden. finds out how to move a rose successfully JUNE is the best month for correcting...

Bryanston, Johannesburg.
June 18, 2010... Bryanston, Johannesburg Size: The stand is 1 989m Setup: This completely renovated home shows meticulous attention to detail in all accommodation areas. Features include an open plan lounge, dining room, family/TV room, study, exquisite gourmet...

Placing accent on clothes.
June 18, 2010... Byline: David Jackson Placing accent on clothes ITALIAN fashion icon Sasch, with more than 250 stores in Europe and Asia, has brought its brand to SA for the first time. The first two South African Sasch outlets opened in The Glen shopping...

Premier league cars.
June 17, 2010... Byline: Lerato Matebese Premier league cars With the world's greatest footballers in SA, looks at some of their favourite cars BUYER'S GUIDE AS EVERYONE is basking in the excitement brought on by hosting the World Cup on local soil, the...

Much posturing amid the pollution.
June 17, 2010... Much posturing amid the pollution AS BP struggles to contain the damage environmental, financial and reputational caused by its disastrous oil spill in the Gulf of Mexico, the only form of aquatic wildlife that seems likely to emerge unscathed...

Arts & Leisure. Jazz.
June 17, 2010... Byline: Gwen Ansell Jazz GWEN ANSELL MULTI-instrumentalist Pops Mohamed's Society Vibes project has been a consistently enjoyable series but not the most exciting work he has done. That's said as description, not criticism. Society Vibes...

Cup organisers 'dodging responsibility' in guard pay dispute.
June 17, 2010... Byline: CHANTELLE BENJAMIN Cup organisers 'dodging responsibility' in guard pay dispute THE walkout by security guards over a pay dispute at four World Cup stadiums is unlikely to be speedily resolved, with the South African Transport and...

Zuma lauds youth agency's plans for jobs.
June 17, 2010... Byline: KARIMA BROWN Zuma lauds youth agency's plans for jobs Political Editor PRESIDENT Jacob Zuma yesterday lauded the interventions of the National Youth Development Agency, saying it planned to create more than 17000 new jobs, support...

Cosatu to protest at Mexico matches.
June 17, 2010... Byline: ALISTAIR ANDERSON Cosatu to protest at Mexico matches Contributing Writer THE Congress of South African Trade Unions (Cosatu) will protest today against what it calls Mexico's fascist treatment of labour unions. Yesterday, Cosatu said...

Zimbabwe mine will succeed, says ACR.
June 17, 2010... Byline: Simon Mundy Zimbabwe mine will succeed, says ACR SIMON MUNDY AFRICAN Consolidated Resources (ACR) financial director Roy Tucker insisted on Tuesday that a fledgling gold project in Zimbabwe was set to succeed, despite the mining...

Coal of Africa 'disappointed' by mine study.
June 17, 2010... Byline: Simon Mundy Coal of Africa 'disappointed' by mine study SIMON MUNDY Contributing Writer COAL of Africa (CoAL) MD Simon Farrell has described as very conservative an independent study of the company's key Makhado project in Limpopo,...

Lessons of a successful World Cup.
June 17, 2010... Byline: Sandile Memela Lessons of a successful World Cup The beautiful game, as soccer has come to be known, has become the new face of international brotherhood, if you like. Ever since Bafana Bafana held their own against Mexico, the...

Viva news media!
June 17, 2010... Byline: R Myburgh Viva news media! I am totally in agreement with Rhoda Kadalie's column (Bad news for poor as SABC freefall continues, June 15). However, at the end of this (short) dark tunnel, is a very bright light of truth. Find it by...

Yes, to that lunch.
June 17, 2010... Byline: Julian Denny Yes, to that lunch Andy Clay accuses me of myopia in my support of Sky News's World Cup coverage (Stop being myopic, Letters, June 15). Actually, I think he's the myopic one. He conveniently chooses Africa correspondent...

Use public transport.
June 17, 2010... Byline: Logan Maistry Use public transport Your editorial (A few weak spots mar solid opening, June 15) refers. We want to assure citizens as well as visitors that SA has put in place a safe, efficient and reliable public transportation...

SA's best foot forward.
June 17, 2010... Byline: Stephen W Burrow SA's best foot forward I just wanted to write a quick note in support of Xenon Raphtopoulos (Lighten up, and enjoy the soccer, Letters, June 15) and to let him know that every South African I have bumped into during...

Queensgate seeks funds after investors withdraw.
June 17, 2010... Byline: Thabang Mokopanele Queensgate seeks funds after investors withdraw THABANG MOKOPANELE A DROP in international tourist numbers coupled with the withdrawal of financial institutions from the hotel development market took their toll on...

Avusa's acquisition proposal lifts share price 2,7%.
June 17, 2010... Byline: ARTWELL DLAMINI Avusa's acquisition proposal lifts share price 2,7% AVUSA shares rallied on Tuesday, indicating that investors welcomed the media group's proposed R925m acquisition. This comes after Avusa announced on Monday that it...

Telkom unit challenges competition directive.
June 17, 2010... Byline: Thabiso Mochiko Telkom unit challenges competition directive THABISO MOCHIKO Information Technology Editor TELKOM subsidiary Trudon will today ask the Competition Appeal Court to reverse the Competition Tribunal decision to grant...

Electrawinds in talks with 'big' local company.
June 17, 2010... Byline: Siseko Njobeni Electrawinds in talks with 'big' local company SISEKO NJOBENI Energy Affairs Editor BELGIAN energy company Electrawinds was in negotiations with an unnamed local big company to which it hopes to sell the power from the...

Bafana's World Cup dream in tatters.
June 17, 2010... Byline: MNINAWA NTLOKO Bafana's World Cup dream in tatters After the exhilaration of draw against Mexico in opener, SA slump to defeat against Uruguay Sports Editor SA FACED the ignominy of becoming the first host nation to fail to progress...

Low-key show pulls in the visitors.
June 17, 2010... Byline: Roger Houghton MOTOR SHOWS Low-key show pulls in the visitors attended the recent Gauteng Motorshow at the Zwartkops Raceway THE recent Gauteng Motorshow at the Zwartkops Raceway near Pretoria had a good vibe, enjoying a good turnout...

Audi inherits Le Mans honours.
June 17, 2010... INTERNATIONAL MOTORSPORT Audi inherits Le Mans honours The 24-hour endurance race produced excitement and drama as defending champions Peugeot were hit by mechanical problems Motor News Reporter AUDI scored its ninth overall victory on Sunday at...

An evolution, not revolution.
June 17, 2010... Byline: Lerato Matebese LAUNCH NEWS An evolution, not revolution Motor News travelled to Nelspruit to see what Mitsubishi has changed in the latest version of its Pajero MITSUBISHI may have severed its links with the gruelling Dakar Rally,...

Tackling rough terrain.
June 17, 2010... Byline: Charl Wilken MOTORSPORT COLUMN Tackling rough terrain looks back at a difficult Rally of South Africa ARGUABLY one of the toughest rallies of the year, the Rally of South Africa was where we would make our return after quite a tragic...

Long distance traveller.
June 17, 2010... Byline: Mark Smyth ROAD TEST Long distance traveller makes no bones about being very impressed with the economy of the Mercedes-Benz C-Class IN THIS ever greener world we live in, it seems the buzzword is actually blue. Lexus uses blue in its...

Executive appeal.
June 17, 2010... Byline: CHARL WILKEN USED CAR TEST Executive appeal OUR used vehicle of the week is a beautiful Mercedes-Benz E300 with a mere 15800km on the clock. In its latest guise the E-Class is certainly one of the best luxury saloons on offer and I...

Motor News Vehicle Prices. Sedans.
June 17, 2010... SEDANS ALFA ROMEO 147 1.6 3-DOOR PROGRESSION R229900 147 1.6 5-DOOR PROGRESSION R240700 147 1.9 JTD 5-DOOR PROGRESSION R282750 147 2.0 3-DOOR DISTINCTIVE R249000 147 2.0 5-DOOR DISTINCTIVE R259500 MITO 1.4T R241000 159 1.9 JTS R303500 159 2.2...

Motor News Vehicle Prices. SUVs.
June 17, 2010... 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...

Consumer confidence dip is a 'glass half full'.
June 17, 2010... Byline: Dave Marrs THE BOTTOM LINE COLUMN Consumer confidence dip is a 'glass half full' HOW seriously should the apparent dip in consumer confidence be taken? A host of issues make the situation more complicated than it should be. These...

Equity investing can be less of an inflation hedge than expected.
June 17, 2010... Byline: Michel Pireu StreetDogs Equity investing can be less of an inflation hedge than expected SHOULD you buy stocks as a hedge against inflation? In normal circumstances, some stocks are a good hedge against price inflation. Some even beat...

The Insider.
June 17, 2010... Reversal of traditional roles observed EVENTS of the past few days have at last revealed evidence of South Africans emerging from their racial laagers and embracing the diverse cultures of their countrymen. We're not referring to the...

Moyo aims to cause an upset when he faces Demolition Man.
June 17, 2010... Byline: KULANI NKUNA Moyo aims to cause an upset when he faces Demolition Man ELVIS The Victor Moyo is looking to cause an upset when he faces Golden Gloves Promotions' heavyweight sensation, Flo The Demolition Man Simba, at Emperors Palace...

A good call on supervision.
June 17, 2010... A good call on supervision SA's banking authorities are entitled to derive some satisfaction as they watch the Brits move to give banking regulation back to their central bank. A decade ago, we too were going to create a super-regulator that...

Uneasy sits the victor on Cape's sanitary throne.
June 17, 2010... Byline: PATRICK BULGER Uneasy sits the victor on Cape's sanitary throne TOILETPOLITIK is a Cape variant of old (sur)realpolitik. Equally ruthless in practice, toiletpolitik's protagonists look to flush the other out, the idea being to make...

Sense being spilt as BP becomes Uncle Target.
June 17, 2010... Byline: Tim Cohen Sense being spilt as BP becomes Uncle Target THE oil spill in the Gulf of Mexico is a serious situation, but that doesn't mean there isn't room for a cheap sound bite. Nevada senator Harry Reid, with some support from...

Low expectations have many feeling the pinch.
June 17, 2010... Byline: Jacob Dlamini Low expectations have many feeling the pinch The practice of 'ukutsipa' is just one of the ways in which ordinary South Africans have learnt to beat the system IT IS called ukutsipa to pinch and here is how it works. You...

SA papers wanted for Zimbabwe migrants.
June 17, 2010... Byline: WILSON JOHWA SA papers wanted for Zimbabwe migrants Political Correspondent ZIMBABWE is lobbying SA to issue birth certificates to children born of Zimbabwean parents living in SA, a request that could add to the Department of Home...

Dames lauded as Eskom's new CEO.
June 17, 2010... Byline: ALISTAIR ANDERSON Dames lauded as Eskom's new CEO Contributing Writer POWER utility Eskom has appointed Brian Dames as its new CEO, starting from next month. A favoured internal candidate to replace former CEO Jacob Maroga, who...

New draft tax law may put off foreign investors, says expert.
June 17, 2010... Byline: SANCHIA TEMKIN New draft tax law may put off foreign investors, says expert Professional Services Editor FOREIGN investors may look at investing in their own territories rather than bringing funds into SA, says Rob Stretch, a director...

SAB says watchdog's ruling based on 'misleading' data.
June 17, 2010... Byline: MICHAEL BLEBY SAB says watchdog's ruling based on 'misleading' data Retail Industries Editor SOUTH African Breweries (SAB) yesterday stepped up criticism of a recent Advertising Standards Authority (ASA) ruling dismissing its...

Decline in exports to EU 'shows need for SA to diversify'.
June 17, 2010... Byline: LINDA ENSOR Decline in exports to EU 'shows need for SA to diversify' Political Correspondent THE devaluation of the euro and the continued sluggish demand for goods in Europe, one of SA's largest export markets, had apparently made...

Foreign tourists spend 34% more, says Visa.
June 17, 2010... Byline: JULIUS BAUMANN Foreign tourists spend 34% more, says Visa Transport and Tourism Editor TOURISM spend by foreigners in SA shot up an extraordinary 34% to $566m in the first quarter of this year compared to the same time last year, the...

New move to boost civilian oversight of police.
June 17, 2010... Byline: KARIMA BROWN New move to boost civilian oversight of police CIVILIAN oversight of the police received a boost on Tuesday when the Cabinet approved two significant bills meant to improve supervision of police business. The bills will...

Swift justice in World Cup cases.
June 17, 2010... Byline: Ernest Mabuza Swift justice in World Cup cases Special courts handle cases involving foreigners fast, writes THE World Cup has been running for six days, and there have been a number of arrests and convictions for crimes committed by,...

New textbook plan to go ahead.
June 17, 2010... Byline: SUE BLAINE New textbook plan to go ahead Education Editor BASIC Education Minister Angie Motshekga is forging ahead with plans to centralise school textbook procurement from next year in an effort to curb costs and corruption, despite...

SABC to resume commissioning local content, resolve payments.
June 17, 2010... Byline: CHANTELLE BENJAMIN SABC to resume commissioning local content, resolve payments Media Editor THE SABC is looking to commission new local programmes after nearly two years of delays, and hopes soon to resolve an outstanding payment...

Move to curtail role of provinces criticised.
June 17, 2010... Byline: WYNDHAM HARTLEY Move to curtail role of provinces criticised Parliamentary Editor CAPE TOWN The government's intention to amend the constitution to allow it to take control of further education and training (FET) colleges and adult...

Game farms growing as pillar of tourism economy.
June 17, 2010... Byline: Hopewell Radebe Game farms growing as pillar of tourism economy A new study has dispelled myths about the perceived negative effects of the sector, writes GAME farming and hunting is becoming an increasingly important pillar in the...

SA destination of choice for refugees UN report.
June 17, 2010... Byline: LOYISO LANGENI SA destination of choice for refugees UN report Trade and Diplomacy Correspondent SA IS the destination of choice for many refugees and asylum seekers who have fled their countries, despite fear that a wave of...

The Third Umpire. Out: Defence Minister Lindiwe Sisulu. Her snide replies to parliamentary questions this week, while undoubtedly witty, made a mockery of the notion of accountability to the legislature.
June 17, 2010... Defence Minister Lindiwe Sisulu. Her snide replies to parliamentary questions this week, while undoubtedly witty, made a mockery of the notion of accountability to the legislature.