Business Day (South Africa) articles from May 2009, page 10

Business Day (South Africa) archives from May 2009

Dublin deal to rescue Super 14.
May 15, 2009... Byline: Zeena Isaacs Dublin deal to rescue Super 14 MONTHS of acrimony between the Australian, New Zealand and South African (Sanzar) member unions about the future structure of the Super 14 ended yesterday after agreement was reached to...

SA keen to help bank weather economic downturn.
May 15, 2009... Byline: MATHABO LE ROUX SA keen to help bank weather economic downturn SA IS considering a substantial increase of its shareholding in the African Development Bank (AfDB) to help the bank raise more capital to weather the global economic...

Metals, minerals volumes reach five-year low.
May 15, 2009... Byline: CHARLOTTE MATHEWS Metals, minerals volumes reach five-year low Economist says SA has escaped the worst of the international commodity price declines as demand has held up Resources Editor THE volume of metals and minerals mined...

Treasury off to US, Europe to drum up loans.
May 15, 2009... Byline: MATHABO LE ROUX Treasury off to US, Europe to drum up loans from Dakar Trade and Industry Editor POLICY continuity and certainty about new positions in President Jacob Zuma's Cabinet will improve perceptions about SA abroad and...

AfDB promises Zimbabwe aid.
May 15, 2009... Byline: MATHABO LE ROUX AfDB promises Zimbabwe aid THE African Development Bank (AfDB) is prepared to give budgetary support to Zimbabwe, which has mainly relied on SA for financial assistance. Donald Kaberuka, the bank's president,...

Jockeying starts for anti-crime jobs.
May 15, 2009... Byline: HAJRA OMARJEE Jockeying starts for anti-crime jobs Decision on who gets three top posts restswith Zuma Political Correspondent LOBBYING for the country's top jobs in the criminal justice system and political oversight has...

Political decency defaced by sexual slurs.
May 15, 2009... Byline: Amy Musgrave Political decency defaced by sexual slurs Spat raises question of whether there are any rules between opponents, writes THE public spat between Western Cape Premier Helen Zille and the African National Congress Youth...

Zille 'will not adopt approach of gender quotas'.
May 15, 2009... Byline: LINDA ENSOR Zille 'will not adopt approach of gender quotas' Political Correspondent CAPE TOWN Democratic Alliance (DA) leader Helen Zille yesterday announced a shadow cabinet of 33 MPs only nine of them women merely a week after...

Creecy moves speedily to ensure unpaid teachers get their money.
May 15, 2009... Byline: SUE BLAINE Creecy moves speedily to ensure unpaid teachers get their money Education Correspondent NEW Gauteng education MEC Barbara Creecy this week moved swiftly to sort out the nonpayment of 1200 teachers and school support...

Tighter budget for SA's diplomats.
May 15, 2009... Byline: WYNDHAM HARTLEY Tighter budget for SA's diplomats Minister defends SA's controversial stance on pariah states at UN Security Council Parliamentary Editor CAPE TOWN Like all government departments, the newly renamed Department of...

Watchdog bodies need bosses.
May 15, 2009... Byline: WILSON JOHWA Watchdog bodies need bosses Political Correspondent NEW people are expected to take charge of SA's chapter nine institutions and associated bodies, as the focus shifts to organisations that are meant to support...

JSC disputes Hlophe motive allegation.
May 15, 2009... Byline: FRANNY RABKIN JSC disputes Hlophe motive allegation Commissioners give their version of deliberations at closed session Staff Writer THE Judicial Service Commission (JSC) has disputed Western Cape Judge President John Hlophe's...

US seeks SA's backing for Africom.
May 15, 2009... Byline: Hopewell Radebe US seeks SA's backing for Africom Obama has to prove his new foreign policy is pro-Africa, writes SA IS one of the major political powerhouses in Africa that US President Barack Obama's administration will lobby...

Shack dwellers contest slums law in court.
May 15, 2009... Byline: ERNEST MABUZA Shack dwellers contest slums law in court Legal Affairs Correspondent THE KwaZulu-Natal Elimination and Prevention of Re-Emergence of Slums Act was a measure to eliminate the poor conditions in which 200000 families...

Reunert share price looks undervalued.
May 15, 2009... PRIVATE INVESTOR Reunert share price looks undervalued THE results for the Private Investor portfolio counter Reunert for the half-year to March were much as expected. Its earlier trading update warned this would be a difficult period....

The Third Umpire. In: Minister in the Presidency Collins Chabane.
May 15, 2009... Minister in the Presidency Collins Chabane. Warning that slackers will not be spared keeps us all optimistic. Now it is just a matter of following through on the sentiment.

The Third Umpire. In: Finance Minister Pravin Gordhan.
May 15, 2009... Finance Minister Pravin Gordhan has kept the markets happy and stable, and reassured the ever-watchful international community, by promising policy continuity.

Sharks, Bulls brace themselves for epic battle.
May 15, 2009... Byline: Zeena Isaacs Sharks, Bulls brace themselves for epic battle THE Sharks and Bulls will be bracing themselves for a clash of huge proportions in Durban tomorrow evening in what will be a fitting finale to the Super 14 league...

Sanzar deal saves Super 14 Rugby.
May 15, 2009... Byline: Zeena Isaacs Sanzar deal saves Super 14 Rugby Future of competition was under threat as Australia and New Zealand ganged up on SA ZEENA ISAACS Rugby Correspondent SEVERAL months of acrimony between the Sanzar member unions...

Bidders pass on 'stunning' estate.
May 15, 2009... Byline: Madden Cole Bidders pass on 'stunning' estate Industrial park fetches top price as flats, garages and a golf estate go under hammer GARAGE sites, blocks of flats in Johannesburg south and a trout and golf estate were among the...

Fortune-telling machine and Formby ukulele on offer.
May 15, 2009... Byline: Madden Cole Fortune-telling machine and Formby ukulele on offer WHITE Light Red Ground, a work by Walter Battiss, is expected to attract keen interest at Bernardi Auctioneers' art and antiques sale in Hatfield, Pretoria, on...

Afrimat's earnings drop by nearly 50%.
May 15, 2009... Byline: Bheki Mpofu Afrimat's earnings drop by nearly 50% BHEKI MPOFU Infrastructure Editor BUILDING materials group Afrimat's headline earnings for the year to February plunged nearly 50% as the group experienced lower sales due to a...

Mining code 'no cause for alarm'.
May 15, 2009... Byline: Charlotte Mathews Mining code 'no cause for alarm' CHARLOTTE MATHEWS Resources Editor THE mining industry had no cause for alarm over the publication in the Government Gazette on April 29 of the Code of Good Practice for the...

Progress positive at Great Basin Gold mines.
May 15, 2009... Byline: Charlotte Mathews Progress positive at Great Basin Gold mines CHARLOTTE MATHEWS Resources Editor GOLD miner Great Basin Gold is making good progress in developing its mines at Burnstone in SA and Hollister in Nevada, US, CEO...

Datatec looks to expanding into Chinese market.
May 15, 2009... Byline: Lesley Stones Datatec looks to expanding into Chinese market CE admits that the process of entering the territory may be 'quite torturous' LESLEY STONES Information Technology Editor DATATEC's next expansion move may see it...

Dedicated focus on surplus stock.
May 15, 2009... Byline: Madden Cole Dedicated focus on surplus stock AUCTION Direct, a new auction house offering bulk stock clearance auctions direct from the warehouse, will hold its first auction this month. Although this is a first for SA, this...

Record art sales.
May 15, 2009... Byline: Madden Cole Record art sales TWENTY-six records were made at the auction of the art collection of the late Brett Kebble, held by Graham's Fine Art Auctioneers in Hyde Park last week. On offer at the auction, which was...

Fraud soars as result of global crisis.
May 15, 2009... Byline: Sanchia Temkin Fraud soars as result of global crisis SANCHIA TEMKIN Professional Services Editor FRAUD in companies globally is at the second-highest level for the 21 years in which KPMG has been conducting studies, and it can...

Hosken warns state on buses.
May 15, 2009... Byline: Sure Kamhunga Hosken warns state on buses SURE KAMHUNGA Companies Editor DIVERSIFIED listed group Hosken Consolidated Investments yesterday said its spread of businesses delivered strong results in the year to March, but issued a...

Listed property the best asset class in SA.
May 15, 2009... Byline: Thabang Mokopanele Listed property the best asset class in SA THABANG MOKOPANELE Property Correspondent SA's listed property was the best-performing asset class last month, recording a total return of 4,05% and outperforming...

Back to the past.
May 15, 2009... Byline: Steven Otter Back to the past I just cannot contain my anger over Democratic Alliance (DA) leader Helen Zille's poisonous response to valid questions about the composition of her Western Cape cabinet. The baasskap mentality of...

Education is the ke.
May 15, 2009... Byline: Michael Cosser Education is the key Jobs are not the biggest youth challenge, as you head the letter from Tebogo Hlapi (May 14). Education is. Without education there can be no skills acquisition, without which there is no...

Harber less than honest in column.
May 15, 2009... Byline: Mike Robertson Harber less than honest in column Anton Harber, the Caxton Professor of Journalism, regularly abuses his column in Business Day to attack that company's competitors. This time (Plans and positions in the Sunday...

Stop mocking Zuma.
May 15, 2009... Byline: Mike Joko Stop mocking Zuma I am bemused by the press zeroing in on President Jacob Zuma's Africanness with references to his traditional leopard-skin attire. Mia Swart suggests former president Mbeki could not wear leopard skin....

A huge cultural divide.
May 15, 2009... Byline: Ferdi Kruger A huge cultural divide As a rule, I find myself quite agitated when reading a piece written by Xolela Mangcu, because we sit on opposite ends of the cultural divide in SA. But I agreed with everything he said...

We need to be united.
May 15, 2009... Byline: Jonas Mashigo We need to be united I would like commend the African National Congress (ANC) for the swift and decisive response in calling its youth league to order. This is the kind of leadership we need from the ruling party....

Jackboot Zille wrong.
May 15, 2009... Byline: Anthony White Jackboot Zille wrong May I shoulder my way to the head of the queue to express dismay at Democratic Alliance leader Helen Zille's attack on President Jacob Zuma. Everything, the timing, tone, reasoning, morality,...

Nedbank remains 'solidly profitable'.
May 15, 2009... Byline: Edward West Nedbank remains 'solidly profitable' EDWARD WEST Finance Editor SA's banking system was stable and performing better than systems in many developed markets, Nedbank Group chairman Reuel Khoza said at the annual...

Richemont's first half marred by second, but Rupert hopeful.
May 15, 2009... Byline: Nicola Mawson Richemont's first half marred by second, but Rupert hopeful NICOLA MAWSON Consumer Industries Correspondent LUXURY goods group Richemont has felt the pain of the global economic crisis as sales growth in the year to...

Weaker demand hits SABMiller.
May 15, 2009... Byline: Nicola Mawson Weaker demand hits SABMiller Earnings shrink on the dollar's strength and drop in consumption in emerging markets NICOLA MAWSON Consumer Industries Correspondent GLOBAL brewing giant SABMiller held its dividend in...

Sun International takes strain.
May 15, 2009... Byline: Julius Baumann Sun International takes strain JULIUS BAUMANN Aviation and Tourism Editor SUN International continues to feel the effect of recessionary conditions, with two of its key properties, GrandWest and Boardwalk,...

Vodacom will be in Top 40 when it lists.
May 15, 2009... Byline: Lesley Stones Vodacom will be in Top 40 when it lists Company is to debut with more than 525-million shares in issue LESLEY STONES Information Technology Editor CELLULAR network operator Vodacom will instantly enter the Top 40...

Pepper adds spice for leisure travellers.
May 15, 2009... Byline: Suzanne Frost ALTERNATIVE INVESTMENT Pepper adds spice for leisure travellers Cape Town's Pepper Club is set to satisfy the city centre's growing luxury hotel need, writes PEPPER Club, a R400m five-star luxury hotel residence and...

More communities eager to invest.
May 15, 2009... Byline: Anna-Marie Smith CAPE NEWS More communities eager to invest Cape Town's successful Central Improvement Districts programme is expanding to sustain growth, writes WHEN Cape Town became SA's first city to implement a fully...

Colour up cold days with beautiful blooms.
May 15, 2009... Byline: Alice Spenser-Higgs DECOR & DESIGN Gardening Colour up cold days with beautiful blooms If good intentions to plant up winter colour in April were sidetracked by holidays and election fever, it is not too late, writes AFINAL...

Delve into a downy dreamland.
May 15, 2009... Byline: Thumeshni Mudeliar DECOR & DESIGN Bedding Delve into a downy dreamland Keep snug and warm this winter with luxurious down-filled bedding, writes FOR those who obsess over the perfect night's sleep, the cosy, cushioning comfort...

A whale of a time beside the seaside.
May 15, 2009... Byline: Thumeshni Mudeliar DEVELOPMENT FEATURE A whale of a time beside the seaside Hemel en Aarde Country Club Estate provides ideal coastal living within reach of Hermanus and Onrus, writes SET in the Overberg region along the Whale...

Perfect for those seeking perfection.
May 15, 2009... Byline: Thumeshni Mudeliar DEVELOPMENT HIGHLIGHT Perfect for those seeking perfection Stylish living beckons, writes CHOOSE from a striking Balinese house, a classy contemporary residence or farmhouse themed option when it comes to the...

Sitting on top of the world.
May 15, 2009... Byline: Michelle Swart SHOWCASE Sitting on top of the world The last two penthouses at the iconic One& Only Cape Town are up for sale SET IN the heart of the city's V& A Waterfront, One& Only Cape Town, which has been described as an...

Mix-and-match for tasty treat.
May 15, 2009... Byline: Hennie Fisher HOMETALK Mix-and-match for tasty treat No-one should ever be ashamed of their cultural past, and food is an important aspect in cultural identity, writes THE elders with whom we grew up would have introduced us to...

JEFFREYS BAY, Eastern Cape.
May 15, 2009... JEFFREYS BAY, Eastern Cape Size: 684m Setup: Found in the beautiful waterfront setting of Marina Martinique in Jeffreys Bay, this home offers spacious living and amazing canal views. It has four bedrooms, three bathrooms, a modern kitchen...

HERMANUS, Western Cape.
May 15, 2009... HERMANUS, Western Cape Size: 2941m Setup: This Hermanus home is set high on a cliffside overlooking Walker Bay, one of the country's most scenic coastal areas. The Cape Colonial home with a strong influence of renowned architect Sir Herbert...

PARKTOWN NORTH, Gauteng.
May 15, 2009... PARKTOWN NORTH, Gauteng Size: 2007m Setup: A double-volume entrance with a sweeping staircase leads to four double bedrooms, two of which have en-suite bathrooms. Custom-made French doors lead to outdoor terraces, a covered entertainment area...

TOKAI, Western Cape.
May 15, 2009... TOKAI, Western Cape Size: This 250m modern home is situated on a 926m plot Setup: Designed in a modern style with full length glazed doors on many facades, this home has three bedrooms, two bathrooms, a study, three living rooms and two...

A perfect penthouse retreat.
May 15, 2009... Byline: Thumeshni Mudeliar INVESTMENT OPPORTUNITY A perfect penthouse retreat enjoys the luxury of Cape Town's Intaba complex THE up-market Intaba apartment complex can be found in the trendy residential, business and entertainment hub...

Festival to celebrate SA's favourite tipple.
May 15, 2009... Byline: Michelle Swart LIFESTYLE FEATURE Festival to celebrate SA's favourite tipple finds out more about spirited fun with brandy masters and bold mixologists YOU may know your pot still from your vintage brandy, but did you know that a...

Time is ripe to bargain for better rental deals.
May 15, 2009... Property News Time is ripe to bargain for better rental deals LEASE AGREEMENT: Tough economic conditions are putting tenants in a stronger position to approach their landlords for better rentals or perks when the time comes to renew their...

Leave estate sales to the professionals.
May 15, 2009... Leave estate sales to the professionals PROPERTY PROTECTION: A buyer was left to demolish or alter an outbuilding and carport after a seller went ahead with alterations without obtaining legal approval and then sold the property voetstoots....

Conveyancing comes under the microscope.
May 15, 2009... Conveyancing comes under the microscope BY THE BOOK: The Black Conveyancers Association (BCA) has published a statement calling for an end to the unethical and unlawful procurement of conveyancing work. Those doing this, says the statement,...

Keeping up with the mortgage landscape.
May 15, 2009... Keeping up with the mortgage landscape BASIC BUYING: With up to 70% of bond applications being turned down by banks, consumers need to rethink their approach to buying property. This is the view of Paul Joubert of the RealNet office serving...

Vaal Dam offers prime land for development.
May 15, 2009... Vaal Dam offers prime land for development ON THE UP: Over the past five years the Vaal Dam area has experienced 28% year-on-year growth in the value of residential properties and 35% growth in the value of vacant land, according to Knowledge...

A few words on rental cession clauses.
May 15, 2009... Byline: Kevin Iles PROPERTY LAW A few words on rental cession clauses Advice for mortgagors who have rented out bonded property WIDESPREAD consternation in the residential rental property market has been sparked by a September 2008...

Wide range of trucks, sectional title development for sale.
May 15, 2009... Byline: Madden Cole Wide range of trucks, sectional title development for sale PARK Village Auctions has lined up a range of trucks, tractors, trailers, freight carriers, light delivery vehicles and earth-moving equipment for its heavy...

The Third Umpire. In: Economic Development Minister Ebrahim Patel.
May 15, 2009... Economic Development Minister Ebrahim Patel. By sensibly promising a pragmatic approach to policy instruments based on effectiveness, not ideology, he made many happy.

In brief. Media.
May 9, 2009... IN BRIEF Bidorbuy introduces new payment service for internet purchases BIDORBUY, SA's largest online auction site and marketplace, has introduced a new payment method, bobPay-EFT, that allows instant internet transfer of funds for purchases...

Online Publishers' Association offers tips for advertising.
May 9, 2009... Byline: JOCELYN NEWMARCH Online Publishers' Association offers tips for advertising THE Online Publishers Association (OPA) has launched a best practice guide for online advertising, created by its head of creative and Stonewall CEO Ben...

Calls for retrenchment tax laws to be updated.
May 9, 2009... Byline: SANCHIA TEMKIN Calls for retrenchment tax laws to be updated Tax exemptions of R30000 on lump sum payments have not been changed since 1994, writes SA's income tax laws regarding retrenchments are outdated and not in line with...

A nation of forgotten pasts and convenient innocence.
May 9, 2009... Byline: Bryan Rostron A nation of forgotten pasts and convenient innocence COLOURED people in the Western Cape, according to a recent scientific study, possess the highest levels of mixed ancestry in the world. You'd think that Cape Town...

Hlophe is a perfect candidate for chief justice.
May 9, 2009... Byline: Carmel Rickard Hlophe is a perfect candidate for chief justice WELL, the unthinkable has happened: Jacob Zuma is president of SA. That having come to pass, I decided to get to grips at once with the idea of Chief Justice John...

Intellectuals caught in the cross-tide.
May 9, 2009... Byline: Xolela Mangcu Intellectuals caught in the cross-tide PEOPLE like Sipho Seepe and I are in a real bind. We are victims of the Enlightenment education we have mastered. At the heart of Enlightenment philosophy is the idea that...

ANC and Zuma should reflect people's needs.
May 9, 2009... Byline: Xolela Mangcu ANC and Zuma should reflect people's needs PRESIDENT-elect Jacob Zuma reminded us how easy it is for South Africans to forget how remarkable we actually are. Think about it for a second. Here we are, 15 years...

P.S.
May 9, 2009... Byline: Xolela Mangcu SO THE South African Institute of Race Relations' John Kane-Berman gets to publicly distance the institute from Sipho Seepe. Views expressed by Prof Sipho Seepe in a series of columns in Business Day may have been...

Mbete: just another 'gimme' politician.
May 9, 2009... Byline: Xolela Mangcu Mbete: just another 'gimme' politician A WHITE American friend now let's see if anyone is going to question his existence was appalled that I had not read Robert Penn Warren's classic novel All the King's Men. The...

What black people really want.
May 9, 2009... Byline: Xolela Mangcu What black people really want I SWEAR I am not making this up. The other day I wrote a fanciful column arguing that this country should get rid of the provinces because they are a financial and political drain. A...

Hero-rated. James McGee.
May 9, 2009... HERO-RATED James McGee THERE was a time when the post of US ambassador to Zimbabwe would have been a dream assignment for an African-American diplomat. For the first decade after independence, it promised to be a place where Africans would...

Scenarios fail to acknowledge ANC's engaged citizenry.
May 9, 2009... Byline: Jacob Dlamini Scenarios fail to acknowledge ANC's engaged citizenry THE Dinokeng scenarios, the future-planning exercise unveiled this week by Mamphela Ramphele, Vincent Maphai, Rick Menell and others, would make a great study in...

Zuma has set a precedent others are keen to follow.
May 9, 2009... Zuma has set a precedent others are keen to follow Success of 'Stalingrad strategy' has inspired others, from common robbers to high-ups like Hlophe, and it's up to the JSC not to fumble again FRIENDS were few and admirers even more scarce...

M-Net doubles up after Idols recount.
May 9, 2009... Byline: SARAH HUDLESTON M-Net doubles up after Idols recount FANS of Jason Hartman, the KwaZulu-Natal rocker who complained vociferously when he lost the Idols Season 5 competition on Sunday night to fellow finalist Sasha-Lee Davids of...

Mbeki to thank for Zimbabwe's political gains, says Tsvangirai.
May 9, 2009... Byline: WILSON JOHWA Mbeki to thank for Zimbabwe's political gains, says Tsvangirai ZIMBABWEAN Prime Minister Morgan Tsvangirai on Friday credited former president Thabo Mbeki for the formation of the country's unity government, whose...

Cosatu in bid to save Telkom's cash cow.
May 9, 2009... Byline: ERNEST MABUZA Cosatu in bid to save Telkom's cash cow Federation wants court to force Telkom to hang up on deal, writes A TRANSACTION between Telkom and Vodafone, valued at nearly R21bn, that will see Vodafone owning 65% of...

Motlanthe is deputy, Mbete sent to Luthuli House.
May 9, 2009... Byline: KARIMA BROWN and HAJRA OMARJEE Motlanthe is deputy, Mbete sent to Luthuli House AFTER days of speculation which included an embarrassing standoff among senior African National Congress (ANC) leaders, President Kgalema Motlanthe...

ANC lambastes Zille for naming all-male cabinet.
May 9, 2009... Byline: HAJRA OMARJEE and LINDA ENSOR ANC lambastes Zille for naming all-male cabinet PAUL Mashatile looks set for a position in national government, following the African National Congress (ANC) decision not to extend his tenure as...

Hardcore by-laws for World Cup host cities.
May 9, 2009... Byline: LUPHERT CHILWANE Hardcore by-laws for World Cup host cities South Africans to feel effects of measures as soccer body aims to take control of areas near stadiums, writes SOUTH Africans living in cities hosting the 2010 Soccer...

Plagiarised judge criticises Mpshe.
May 9, 2009... Byline: ERNEST MABUZA Plagiarised judge criticises Mpshe THE Hong Kong judge whose judgment was key to the dropping of corruption charges against president-elect Jacob Zuma says acting national director of public prosecution Mokotedi...