Business Day (South Africa) articles from March 2007

Business Day (South Africa) archives from March 2007

Will SADC leaders face up to Mugabe?
March 30, 2007... (From Business Day (South Africa)) Byline: Raymond Louw Will SADC leaders face up to Mugabe? , writes in Business Day of the critical challenge of facing up to Zimbabwe's Robert Mugabe AS AFRICAN leaders of the 14-nation Southern...

A sad end to three exciting years.
March 30, 2007... (From Business Day (South Africa)) Byline: John Kaninda A sad end to three exciting years IT IS with regret that I have to announce to all our faithful readers and subscribers that today's issue of Business Day Africa brings the...

Overcome poverty with hard work.
March 30, 2007... (From Business Day (South Africa)) Byline: Shabait, Asmara Overcome poverty with hard work ECONOMIC EMANCIPATION is an imperative precondition for a nation to participate as an equal partner in the global economy as well as secure a...

SA's turf war slows growth programme.
March 30, 2007... (From Business Day (South Africa)) SA's turf war slows growth programme TURF wars involving SA's government departments have been blamed for slowing the implementation of government's Accelerated and Shared Growth Initiative (Asgi-SA),...

Bill tipped to enhance transparency.
March 30, 2007... (From Business Day (South Africa)) Bill tipped to enhance transparency COMMENTATORS in Nigeria have applauded the passing by the country's senate of a new transparency act in the extractive sector, the Nigerian Extractive Industries...

What they said.
March 30, 2007... (From Business Day (South Africa)) Byline: Robyn Chalmers COMMENTATORS ROBYN Chalmers, deputy editor of Business Day, Johannesburg, writes that the Accelerated and Growth Initiative for SA (Asgi-SA) will meet the same fate as the...

Winemaker combats climate.
March 30, 2007... (From Business Day (South Africa)) Winemaker combats climate Backsberg has done an audit to realise the carbon emission consequences of its farming BACKSBERG has become the first wine producer in SA and one of only three in the world to...

Rwanda hosts roundtable on agriculture programme.
March 30, 2007... (From Business Day (South Africa)) Rwanda hosts roundtable on agriculture programme NEARLY 300 agricultural experts and policymakers, stakeholders from the Common Market for Eastern and Southern Africa (Comesa), development partners,...

Opinion.
March 30, 2007... (From Business Day (South Africa)) THE Democratic Republic of Congo is a classic case of a war-torn country where all the energies of the different stakeholders especially the government, its supporters, the United Nations and the...

SA, Namibia in hotel deal.
March 30, 2007... (From Business Day (South Africa)) SA, Namibia in hotel deal IFA Hotels and Resorts South Africa, which owns Zimbali Lodge on SA's KwaZulu-Natal north coast, has set up a US$75m joint venture with Namibian group Ohlthaver & List, reports...

African giants maintain perfect record.
March 30, 2007... (From Business Day (South Africa)) African giants maintain perfect record Good start for Parreira as Bafana thrash Chad ANGOLA and the C'te d'Ivoire moved a step closer to qualifying for next year's African Nations Cup finals by...

No sign of let-up at money-making machine MTN.
March 30, 2007... (From Business Day (South Africa)) Byline: Viwe Tlaleane No sign of let-up at money-making machine MTN MTN has become the most astonishing money-making machine. Every six months its results climb inexorably higher. Every time you...

Zimbali grows, grows.
March 30, 2007... (From Business Day (South Africa)) Byline: Viwe Tlaleane Zimbali grows, grows JSE-listed IFA Hotels & Resorts SA may still be a relatively small group in terms of its market capitalisation currently at about R650m. But it would be...

THE INSIDER.
March 30, 2007... (From Business Day (South Africa)) THE INSIDER Defence minister belatedly cries wolf GOVERNMENT has come up with a number of creative reasons over the years to justify the controversial and decidedly fishy-smelling multibillion-rand...

It will be very intense, both sides insist.
March 30, 2007... (From Business Day (South Africa)) Byline: Mninawa Ntloko It will be very intense, both sides insist Yet neither still in premiership race Deputy Sports Editor KAIZER Chiefs and Moroka Swallows yesterday vehemently dismissed...

OUT:Suspended Land Bank CEO Alan Mukoki.
March 30, 2007... (From Business Day (South Africa)) Suspended Land Bank CEO Alan Mukoki. Has the running of the bank really not improved since Helena Dolny was removed as its head eight years ago? The more things change....

MADE IT:Tourism Minister Marthinus van Schalkwyk.
March 30, 2007... (From Business Day (South Africa)) Tourism Minister Marthinus van Schalkwyk. Not that he's personally, responsible, but someone deserves a pat on the back for our booming tourism numbers.

MADE IT:Deputy Foreign Minister Sue van der Merwe.
March 30, 2007... (From Business Day (South Africa)) Deputy Foreign Minister Sue van der Merwe. There, that wasn't so hard, was it? If only the disapproval of the Zimbabwean government was not such a long time coming.

Mboweni's gripe fails to halt Absa's Africa drive.
March 30, 2007... (From Business Day (South Africa)) Byline: Stephen Gunnion Mboweni's gripe fails to halt Absa's Africa drive Bank goes ahead with plans to buy Barclays units on rest of continent Financial Services Editor ABSA plans to proceed with...

Kallis was superb, insists Smith.
March 30, 2007... (From Business Day (South Africa)) Byline: Telford Vice Kallis was superb, insists Smith in Guyana ASKED about the state of his fingernails in the heady moments after SA's helter-skelter win over Sri Lanka on Monday, Graeme Smith had...

Refurbished Ashe tennis centre reopens.
March 30, 2007... (From Business Day (South Africa)) Byline: Sports Reporter Refurbished Ashe tennis centre reopens THE Arthur Ashe Tennis Centre is to be officially opened in White City, Jabavu, tomorrow as a permanent legacy of the first black man...

Ravishing the one threat to Rippling Ring.
March 30, 2007... (From Business Day (South Africa)) Byline: David Mollett Ravishing the one threat to Rippling Ring Only seven runners line up for Derby Racing Editor TRAINER Dominic Zaki must be astonished. There is R1m up for grabs in tomorrow's SA...

Doing outrageous things with money.
March 30, 2007... (From Business Day (South Africa)) Byline: Michel Pireu Doing outrageous things with money SOUNDS titillating, doesn't it? There's something exhilarating about flagrant disregard for the concerns that so engross most of our lives. It...

Positive jobs trend.
March 30, 2007... (From Business Day (South Africa)) Positive jobs trend IS THE employment glass half full or half empty? Tempting as it may be to be pessimistic about the latest unemployment figures, there are now clear reasons for optimism about the...

The Mauritania case.
March 30, 2007... (From Business Day (South Africa)) The Mauritania case THERE is always something new out of Africa, Pliny The Elder, a Roman scholar and scientist of the first century, once said. Scholars do not unanimously agree on what led to Pliny...

Travelgate MPs named and shamed.
March 30, 2007... (From Business Day (South Africa)) Byline: Wyndham Hartley Travelgate MPs named and shamed Parliamentary Editor CAPE TOWN National Assembly speaker Baleka Mbete yesterday named and shamed in a blistering reprimand the guilty...

If this kind of torture is your idea of fun, see a shrink.
March 30, 2007... (From Business Day (South Africa)) Byline: Mark Smit If this kind of torture is your idea of fun, see a shrink IF EVER there was a game that supported the argument that teams can choke and still win, it was that painstaking affair on...

FILM.
March 30, 2007... (From Business Day (South Africa)) Byline: Phillip Altbeker FILM THE bittersweet biography MISS POTTER tells the story of Beatrix Potter, the deservedly cherished creator of children's books that are as loved and admired today as...

A new power behind the throne?
March 30, 2007... (From Business Day (South Africa)) Byline: Anthony Butler ANC POLICY AND THE STATE/ A new power behind the throne? THE African National Congress (ANC) recently circulated 13 discussion documents to stimulate debate ahead of its...

Mediation could 'save money'.
March 30, 2007... (From Business Day (South Africa)) Byline: Ernest Mabuza Mediation could 'save money' Legal Affairs Correspondent COMPANIES should seriously consider mediation in resolving contractual disputes in order to avoid litigation costs and...

Jobless rate defies growth efforts.
March 30, 2007... (From Business Day (South Africa)) Byline: Ayanda Shezi Jobless rate defies growth efforts Experts say more needs to be done Economics Correspondent THE unemployment rate declined only slightly to 25,5% in September last year,...

First-time home buyers face market setbacks.
March 30, 2007... (From Business Day (South Africa)) Byline: Nick Wilson First-time home buyers face market setbacks Property Correspondent ABOUT 20%-25% of residential property buyers are first-time home owners, slightly down from two years ago when...

Louis Trichardt survives in court.
March 30, 2007... (From Business Day (South Africa)) Byline: Ernest Mabuza Louis Trichardt survives in court Legal Affairs Correspondent THE Supreme Court of Appeal has set aside the decision of Arts and Culture Minister Pallo Jordan to change the...

SACP, Cosatu warn on ANC alliance.
March 30, 2007... (From Business Day (South Africa)) Byline: Karima Brown and Amy Musgrave SACP, Cosatu warn on ANC alliance After two-day summit, ANC's alliance partners harden stance on economic policy, leadership THE African National Congress'...

Energy fund starts R7,2m efficiency project.
March 30, 2007... (From Business Day (South Africa)) Byline: Abdul Milazi Energy fund starts R7,2m efficiency project Trade and Industry Editor THE Central Energy Fund (CEF) has partnered with French development agency Agence Francaise de...

Gauteng throws weight behind World Cup effort.
March 30, 2007... (From Business Day (South Africa)) Byline: Chantelle Benjamin Gauteng throws weight behind World Cup effort Johannesburg Metro Editor GAUTENG premier Mbhazima Shilowa said yesterday the province was throwing its full weight and...

More jails, police 'will not cut crime'.
March 30, 2007... (From Business Day (South Africa)) Byline: Wyndham Hartley More jails, police 'will not cut crime' Parliamentary Editor CAPE TOWN Simply appointing more police officers, building more courts and jails, and appointing more judges...

HIV chief wary as UN punts circumcision.
March 30, 2007... (From Business Day (South Africa)) Byline: Tamar Kahn HIV chief wary as UN punts circumcision At least 40% of SA's men cut, says Xundu Science and Health Editor CAPE TOWN The health department's HIV/AIDS head, Dr Nomonde Xundu, has...

Durban port scrambles to prepare for peak period.
March 30, 2007... (From Business Day (South Africa)) Byline: Edward West Durban port scrambles to prepare for peak period KwaZulu-Natal Correspondent DURBAN South African Port Operations CEO Solly Lesoalo expects the number of containers moving...

Top official defends mining law.
March 30, 2007... (From Business Day (South Africa)) Byline: Linda Ensor Top official defends mining law Political Correspondent CAPE TOWN The large number of new mining and prospecting licence applications was evidence of strong investor interest in...

Weepu move a headache for Meyer.
March 30, 2007... (From Business Day (South Africa)) Byline: Zeena Isaacs Weepu move a headache for Meyer Rugby Correspondent THE Bulls will have to overcome the fear of the unknown tomorrow as they attempt to shatter their own record of three...

Earnings leap at Masonite.
March 30, 2007... (From Business Day (South Africa)) Byline: Abdul Milazi Earnings leap at Masonite Trade and Industry Editor EFFECTIVE cost containment has paid off for wood products group Masonite, boosting cash reserves by more than 50%. Group...

Try a little kindness on your sister-in-law.
March 30, 2007... (From Business Day (South Africa)) Byline: Agony Rant Try a little kindness on your sister-in-law Dear , My sister-in-law and I work in the same office. We drive to work together as we live near to each other. Now, however, we're not...

NEXT WEEK'S DILEMMA.
March 30, 2007... (From Business Day (South Africa)) My boss is a really lovely woman, and she's very competent at what she does. But she has quite a soft heart, so she only tells you what she wants you to hear. This means that often there are things...

Good prices paid for quality properties.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Good prices paid for quality properties Unusual number of properties sold and confirmed at fall of hammer at Auction Alliance's 33-lot multiple sale THE landmark multiproperty...

Auctions for wheels.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Auctions for wheels NEWS that the market for new car sales is expected to level out, with less buoyancy this year than last, bodes well for the auction trade. This is...

Grocer's to be stripped.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Grocer's to be stripped IT WILL not be a case of shopping as usual when a Friendly Grocer in Ferndale, Randburg, goes on auction on Tuesday. The urgent liquidation auction...

ON THE MARKETS.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole ON THE MARKETS RESIDENTIAL VAN'S AUCTIONEERS Two full-title houses (285m and 295m) in security complex at Vygeboom Country Estate, Badplaas, April 4. Braam van Rensburg: 083 629...

Fun mansion on offer.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Fun mansion on offer A RUIMSIG mansion, which has been likened to the Lost City resort, has all the trappings to attract high bidding when it goes on auction next month. I've...

Safari camper a big hit at Aucor's heavy-duty sale.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Safari camper a big hit at Aucor's heavy-duty sale A SOLITARY remnant of shattered dreams stood out like a shining promise of adventure when a fully rigid custom-made safari...

Fine crockery, cutlery get good prices.
March 30, 2007... (From Business Day (South Africa)) Byline: Madden Cole Fine crockery, cutlery get good prices Among items were Clarice Cliff Viking boat vase and fireman's brass helmet PIECES for a well-appointed dining table attracted interest at...

Capitec now boasts more than 1-million customers.
March 30, 2007... (From Business Day (South Africa)) Byline: Stephen Gunnion Capitec now boasts more than 1-million customers Financial Services Editor MASS-market banker Capitec has topped the 1-million customer mark, helped by the opening of new...

Unhedged Uranium One ends year with $327,5m in reserve.
March 30, 2007... (From Business Day (South Africa)) Byline: Charlotte Mathews Unhedged Uranium One ends year with $327,5m in reserve GOLD and uranium company Uranium One held $327,5m in cash at the end of December after a year of successful...

Thistle shares suspended amid crisis.
March 30, 2007... (From Business Day (South Africa)) Byline: Charlotte Mathews Thistle shares suspended amid crisis Resources Editor SHARES of Thistle Mining, the London AIM-quoted company that owns the President Steyn Gold Mine near Welkom in the...

First Uranium faces a glowing future.
March 30, 2007... (From Business Day (South Africa)) Byline: Charlotte Mathews First Uranium faces a glowing future Timing of the listing of the ore producer coincides with growing nuclear energy demands Resources Editor THE dual listing of a second...

IFA SA eyes large outlay.
March 30, 2007... (From Business Day (South Africa)) Byline: Janet Parker IFA SA eyes large outlay Kuwaiti parent group to use local owner of Zimbali Lodge as growth platform Leisure Industries Editor IFA HOTELS & Resorts SA, which owns Zimbali Lodge...

Capital, Great Portland in London property venture.
March 30, 2007... (From Business Day (South Africa)) Byline: Nick Wilson Capital, Great Portland in London property venture Property Correspondent UK PROPERTY company Liberty International's subsidiary, Capital & Counties, said yesterday it was in a...

Pay parity for all.
March 30, 2007... (From Business Day (South Africa)) Byline: Ben Turok Pay parity for all I see that the Reserve Bank is using a study by Deloitte on international comparisons to determine salary adjustments for bank managers, Pay increases in...

Youth restrains my advancement.
March 30, 2007... (From Business Day (South Africa)) Byline: Christopher Nono Youth restrains my advancement Lucas Ntyintyane asks: How many Cubas remain silent, frustrated and defeated as they continue to be overlooked on a daily basis because they...

Refocused MDC.
March 30, 2007... (From Business Day (South Africa)) Byline: John Gibb Refocused MDC Mandisi Tyumre's letter deserves a response, Credibility first (March 26). He quotes Siphamandla Zondi's assertion that Zimbabwe needs an authentic and united...

Crispin Hemson.
March 30, 2007... (From Business Day (South Africa)) Byline: Terry Crawford-Browne Blame arms deal What irony that Finance Minister Trevor Manuel bemoans the unacceptably high corruption and crime rate that afflicts SA, Far too many South Africans...

Private in parts.
March 30, 2007... (From Business Day (South Africa)) Byline: Jim Harris Private in parts Petra Krusche is quoted in your Legal Profession Survey as saying the privatisation of state assets can be partial, when government assets are transferred to a...

Train that CEO.
March 30, 2007... (From Business Day (South Africa)) Byline: Kevin Jones Train that CEO As one of the 11000 South African Airways (SAA) employees who face an uncertain future as the company undergoes yet another costcutting exercise, I feel it...

Reality of power.
March 30, 2007... (From Business Day (South Africa)) Byline: John Catsicas Reality of power The meeting in Dar es Salaam, Tanzania, on Zimbabwe's meltdown and the sudden volte-face of SA's stance at the United Nations Security Council on Iranian...

Why the silence?
March 30, 2007... (From Business Day (South Africa)) Byline: Crispin Hemson Why the silence? I am involved in a modest project to rewrite the history of the struggle in the Durban area, to bring into even sharper focus my central role as liberator,...

This American in SA is no idle Bost.
March 30, 2007... (From Business Day (South Africa)) Byline: Michael Bleby This American in SA is no idle Bost US interest in Africa under Bush is greater than ever before, ambassador Eric Bost tells US AMBASSADOR Eric Bost and I meet on a street...

Exxaro seals coal contract with Eskom.
March 30, 2007... (From Business Day (South Africa)) Byline: Charlotte Mathews Exxaro seals coal contract with Eskom Resource Editor COAL and base metals company Exxaro Resources has sealed the terms of its 40-year contract to supply coal from its...

Asian firms start work on R600m Mittal kilns.
March 30, 2007... (From Business Day (South Africa)) Byline: Mathabo le Roux Asian firms start work on R600m Mittal kilns Trade and Industry Correspondent CONSTRUCTION commenced yesterday on two new kilns at Mittal Steel's Vanderbijlpark plant. At a...

Another boom year in sight for burgeoning MTN.
March 30, 2007... (From Business Day (South Africa)) Byline: Lesley Stones Another boom year in sight for burgeoning MTN Cell giant adds 46300 new users a day Information Technology Editor ANOTHER year of relentless growth from MTN shows no signs of...

Transnet fund wipes out huge deficit.
March 30, 2007... (From Business Day (South Africa)) Byline: Stephen Gunnion Transnet fund wipes out huge deficit Financial Services Editor TRANSNET's troubled Second Defined Benefit Fund has finally wiped out its huge deficit, helped by the sales of...

Delightfully haunted Victorian homestead.
March 30, 2007... (From Business Day (South Africa)) Byline: Michelle Swart Delightfully haunted Victorian homestead This week's feature property is a home steeped in history that has since been declared a national monument BUILT in 1897 by George...

Harsh reality of HIV/AIDS alters funds' perspectives.
March 30, 2007... (From Business Day (South Africa)) Byline: Andrew Gillingham Harsh reality of HIV/AIDS alters funds' perspectives Members for long-term support dying young, writes FUND administrators have been diversifying into other products...

State's national fund faces huge challenges.
March 30, 2007... (From Business Day (South Africa)) Byline: Andrew Gillingham State's national fund faces huge challenges GOVERNMENT's proposed national savings fund may yet prove to be the answer to the country's savings problems, but the devil is...

Saving now can make comfortable retirement reality.
March 30, 2007... (From Business Day (South Africa)) Byline: Andrew Gillingham Saving now can make comfortable retirement reality STAR performers in companies are often rewarded with salary increases and face a resulting increase in tax. Ricardo...

Billions in unclaimed benefits a major headache for sector.
March 30, 2007... (From Business Day (South Africa)) Byline: Andrew Gillingham Billions in unclaimed benefits a major headache for sector A NATIONAL unclaimed benefits fund has been proposed by the Treasury to deal with billions of rand that languish...

A drop in inflation towards the middle of trading range unlikely.
March 29, 2007... (From Business Day (South Africa)) Byline: Lindsay Williams A drop in inflation towards the middle of trading range unlikely Statistics SA consumer price inflation for last month subsides to 4,9% year-on-year after a release of 5,3%...

De Kock stable will have a strong presence at Dubai meeting.
March 29, 2007... (From Business Day (South Africa)) Byline: David Mollett De Kock stable will have a strong presence at Dubai meeting Racing Editor IN ALL, 10 runners will represent SA at Saturday's rich Dubai World Cup meeting, with six of them...

Deflected goal dashes Bafana's high hopes for revival.
March 29, 2007... (From Business Day (South Africa)) Byline: Mninawa Ntloko Deflected goal dashes Bafana's high hopes for revival Deputy Sports Editor THE wheels came off spectacularly as Carlos Alberto Parreira's national soccer team's bubble burst...

Selections.
March 29, 2007... (From Business Day (South Africa)) 1st Race: (3) Silver Tree (2) Key Suspect (1) Majolica (6) Silver Jet 2nd Race: (1) National Praise (2) Ocean News (11) Divine Fairy (8) Indiscreet Heart 3rd Race: (1) Jurisdiction (4) Test Stripe (7)...

Lobberts gets his chance to lock horns with top performers.
March 29, 2007... (From Business Day (South Africa)) Byline: Zeena Isaacs Lobberts gets his chance to lock horns with top performers Rugby Correspondent SPRINGBOK and Bulls flank Hilton Lobberts will get a chance on Saturday to prove to the national...

De Jager rides the good wave.
March 29, 2007... (From Business Day (South Africa)) Byline: Brent Melville De Jager rides the good wave CENTURION's Louis de Jager fought through blustery conditions at Humewood to beat Andre de Decker, 5 and 4, and take the South African Amateur...

SA blow the French away.
March 29, 2007... (From Business Day (South Africa)) Byline: Brent Melville SA blow the French away AFTER two successive defeats to the French, the South African golf team emphatically turned the tables on the Europeans, winning comfortably by 15l...

Muller shows her resilience.
March 29, 2007... (From Business Day (South Africa)) Byline: Brent Melville Muller shows her resilience EASTERLY gales were also the hallmark of play at the South African Port Operations (SAPO) Border Ladies Championships at the East London Golf...

Portfolio of success.
March 29, 2007... (From Business Day (South Africa)) DDV's portfolio, either from full design to consultation, includes: Eagle Canyon, Phaklane, Mt. Edgecombe No2, Johannesburg Country Club, Laughing Waters, Leopard Creek, Umbogintwini, Richards Bay,...