Business Day (South Africa) articles from November 2010, page 5

Business Day (South Africa) archives from November 2010

FIRST OPINION. Paying lip service to the health risks of sugar.
November 24, 2010... Byline: Marika Sboros FIRST OPINION Paying lip service to the health risks of sugar It can't be easy having to make a living promoting a product described by many specialists as 'white poison', 'pure, white and deadly' and other unpleasant...

NEUROLOGY. 'Surrogate clock' can help to reduce stroke damage.
November 24, 2010... Byline: Maureen Salamon NEUROLOGY 'Surrogate clock' can help to reduce stroke damage When someone has a stroke during sleep, doctors may not be sure when to start highly effective, clot-busting therapy. MRI images can help, writes MRI images...

Intellectual property an asset.
November 24, 2010... Byline: David Jackson Intellectual property an asset WITH the slow recovery in corporate activity, many private equity and venture-capital firms are looking at intellectual property assets as a possible opportunity in the offing....

Consumer rights boost.
November 24, 2010... Byline: David Jackson Consumer rights boost New legislation gives government the power to act against all suppliers of goods and services, writes DAVID JACKSON THE Consumer Protection Act coming into force next year is set to redefine the way...

Information overload a headache for lawyers.
November 24, 2010... Byline: David Jackson Information overload a headache for lawyers SA is in the top bracket of countries whose lawyers are suffering from a syndrome that has become the bane of business professionals worldwide information overload. UK lawyers...

Legal firm's merger boosts African foothold.
November 24, 2010... Byline: David Jackson Legal firm's merger boosts African foothold IN A move that will see Africa become a leading player in the global legal arena, South African law firm Deneys Reitz is to merge with international firm Norton Rose next year....

Asset sale is vital for cash-strapped Simmers.
November 23, 2010... Byline: Dave Marrs THE BOTTOM LINE COLUMN Asset sale is vital for cash-strapped Simmers THE fortunes of mining company Simmer & Jack, which has had a chequered history, appear to be turning a corner. One of the millstones around its neck...

Bruss to chase big race glory at Sansui.
November 23, 2010... Byline: David Mollett Bruss to chase big race glory at Sansui DAVID MOLLETT Racing Editor TRAINER Neil Bruss, who saddled the third and fourth home in the Dubai World Cup last year, will be chasing more big-race glory when he runs Winter's...

Contrarian investment advice that has stood the test of time.
November 23, 2010... Byline: Michel Pireu StreetDogs Contrarian investment advice that has stood the test of time A CLOSE student of speculation has arrived at these conclusions. It is better to & average up& than to & average down& This opinion...

The Insider.
November 23, 2010... Dangerous when teenage life imitates art A TEEN inspired by the movie Fight Club is going directly to jail, and will not receive a celebrity party pass or go to Brad Pitt's house on the way. Kyle Shaw set off a make-shift bomb in a New York...

Is Europe's fever heading our way?
November 23, 2010... Is Europe's fever heading our way? BY ALL accounts, the whole axis of European financial stability has been inverted between the time of the & Greek crisis& of a few months ago and the & Irish crisis& of the present day....

Relief as patchy bill recalled.
November 23, 2010... Relief as patchy bill recalled JUST as our faith in participative democracy was on the verge of disappearing in a puff of hot air, along comes Communications Minister Roy Padayachie giving a convincing impression of a politician who is actually...

Arts & Leisure. On the Stage.
November 23, 2010... Byline: CHRISTINA KENNEDY On the Stage THE challenge with telling personal true-life stories on stage is to steer clear of the narrative becoming a self-serving therapy session that may be cathartic for the performer but leaves members of the...

Adding sparkle to hospitality world.
November 23, 2010... Byline: Katy Chance Adding sparkle to hospitality world Top hotelier brings out the best in people, writes KATHRINE Ohm has the strangest accent I've heard in the hotel business since Sol Kerzner's. Born in Stavanger, Norway, she's been GM at...

Is it a bird? Is it a plane? No, wait it's biomimicry.
November 23, 2010... Byline: SARAH WILD Is it a bird? Is it a plane? No, wait it's biomimicry BIOMIMICRY is an ancient concept that seeks to find solutions to human design problems by looking to the best survivalist for answers: nature. After 3,8-billion years,...

Orlando Pirates captain hopes to redeem himself in final.
November 23, 2010... Byline: Mninawa Ntloko Orlando Pirates captain hopes to redeem himself in final MNINAWA NTLOKO Sports Editor ORLANDO Pirates captain Lucky Lekgwathi desperately hopes to redeem himself when the Bucs face traditional foes Kaizer Chiefs in the...

Zuma's vision can be realised if we focus on the nitty-gritty of growth.
November 23, 2010... Byline: Michael Spicer and Bobby Godsell The Economy Zuma's vision can be realised if we focus on the nitty-gritty of growth PRESIDENT Jacob Zuma recently expressed the desire to see SA stop being a developing country and join the ranks of...

Easier said than done to oust dollar as currency standard.
November 23, 2010... Byline: Mariam Isa Easier said than done to oust dollar as currency standard TALK is rife these days about replacing the dollar as a global reserve currency, given its steep slide and the US's shrinking share of the world economy. The...

Business Brief. Companies & Markets.
November 23, 2010... Byline: Sure Kamhunga BUSINESS BRIEF Standard Bank inks deal with Northland AGREEMENT Standard Bank has signed a long-term offtake agreement with Northland Resources for up to 3-million tons of iron ore pellet feed per year from the...

Firms battle as economy makes slow recovery.
November 23, 2010... Byline: ALISTAIR ANDERSONand MARIAM ISA Firms battle as economy makes slow recovery Latest statistics show unwelcome increase in company liquidations THE economy is recovering, but at a choppy pace, with businesses still vulnerable, official...

Media gag 'a fool's errand' Jordan.
November 23, 2010... Byline: CHANTELLE BENJAMIN Media gag 'a fool's errand' Jordan Top ANC thinker speaks out on secrecy bill AFRICAN National Congress (ANC) veteran Pallo Jordan has sharply criticised the party's plans for a media tribunal and the Protection of...

Patel to unveil economic growth plan.
November 23, 2010... Byline: LINDA ENSOR and SAM MKOKELI Patel to unveil economic growth plan LONG-awaited details of the government's new economic growth path will emerge today when Economic Development Minister Ebrahim Patel releases details of the plan,...

Chamber's occupational disease suit angers NUM.
November 23, 2010... Byline: ALISTAIR ANDERSON Chamber's occupational disease suit angers NUM Contributing Writer SA's biggest union, the National Union of Mineworkers (NUM), has expressed outrage at a court application that has been lodged by the Chamber of...

Young communists brace for hot contest.
November 23, 2010... Byline: SIBONGAKONKE SHOBA Young communists brace for hot contest Deputy Political Editor THE Young Communist League will next month hold its elective conference in Mafikeng, in North West, where the position of national secretary will be...

Western Cape ANC is gearing up to hold elective conference.(Conference news)
November 23, 2010... Byline: BEKEZELA PHAKATHI Western Cape ANC is gearing up to hold elective conference Contributing Writer THE African National Congress (ANC) in the Western Cape believes that it is possible to hold an elective conference this year, saying...

Report raises water shortage forecasts.(Report)
November 23, 2010... Byline: JOCELYN NEWMARCH Report raises water shortage forecasts Infrastructure & Environment Correspondent SA NEEDS to spend R360bn over the next 15 years on water treatment plants to secure its water supply. The country also urgently...

'Speed up good governance' in Africa.
November 23, 2010... Byline: LOYISO LANGENI 'Speed up good governance' in Africa Trade and Diplomatic Correspondent BUSINESSMAN Mo Ibrahim, founder of the Mo Ibrahim Foundation, yesterday called for the acceleration of good governance in Africa. & Building...

State equity targets 'are hindering industry'.
November 23, 2010... Byline: SUE BLAINE State equity targets 'are hindering industry' Education Editor SOUTH African industry was & really losing out& due to the government's equity targets that excluded people with & a wealth of knowledge and...

No bail for Okah, who will stand trial in SA.
November 23, 2010... Byline: ERNEST MABUZA No bail for Okah, who will stand trial in SA Legal Affairs Correspondent SUSPECTED terrorist Henry Okah was denied bail on Friday and is set to face charges in SA for the blast that killed 12 people in Abuja, Nigeria, on...

Medical scheme members will pay more.
November 23, 2010... Byline: TAMAR KAHN Medical scheme members will pay more Science and Health Editor CAPE TOWN Medical schemes and their administrators yesterday warned that the new dispensing fees for pharmacists, which came into law on Friday, will push up...

Padayachie's shelving of 1% SABC tax plan welcomed.
November 23, 2010... Byline: CHANTELLE BENJAMIN Padayachie's shelving of 1% SABC tax plan welcomed Media Editor JUST weeks after taking office, Communications Minister Roy Padayachie has turned the broadcasting world upside down, withdrawing the controversial...

Not the last of Cricket SA bonus saga Harris.
November 23, 2010... Byline: Telford Vice Not the last of Cricket SA bonus saga Harris TELFORD VICE Johannesburg PAUL Harris is not about to go quietly into the good night that some would prefer to settle over the Cricket SA bonus saga. Harris chaired the...

The Third Umpire. Out: Pope Benedict whose so-called volta face on the use of condoms in "certain circumstances" is specifically, and spectacularly sexist and short- sightedly, for male prostitutes only.
November 23, 2010... Pope Benedict whose so-called volta face on the use of condoms in & certain circumstances& is specifically, and spectacularly sexist and short- sightedly, for male prostitutes only.

The Third Umpire. In: South African batsman AB de Villiers for restoring some faith in the much-sullied game of cricket by scoring a record 278 runs against Pakistan and during an away game to boot.
November 23, 2010... South African batsman AB de Villiers for restoring some faith in the much-sullied game of cricket by scoring a record 278 runs against Pakistan and during an away game to boot.

The Third Umpire. Out: National Youth Development Agency chairman Andile Lungisa who is spending R370m on an anti-imperialism youth festival. How many work opportunities could that sum create for young people?
November 23, 2010... National Youth Development Agency chairman Andile Lungisa who is spending R370m on an anti-imperialism youth festival. How many work opportunities could that sum create for young people?

It is good to know cricket really has a human heart.
November 23, 2010... Byline: Telford Vice It is good to know cricket really has a human heart LIEFIE was the answer AB de Villiers gave many, many press conferences ago after he said something about his girlfriend and someone asked who she was. He said her...

Du Randt says Scots taught Boks a lesson.
November 23, 2010... Byline: Zeena Isaacs Du Randt says Scots taught Boks a lesson ZEENA ISAACS Rugby Correspondent SPRINGBOK scrummaging coach Os du Randt yesterday vowed that his team had learnt from their Grand Slam-dashing defeat against Scotland last weekend...

Molinari on standby for Nedbank event, say golf organisers.
November 23, 2010... Byline: Zeena Isaacs Molinari on standby for Nedbank event, say golf organisers ZEENA ISAACS THE organisers of the Nedbank Golf Challenge, SA's most popular golf tournament, revealed yesterday that they had received confirmation that Italy's...

Selections.
November 23, 2010... 1st Race: (8) As Time Goes On (3) Bit O'Sunshine (1) Soul Sister (2) Pecan Whistle 2nd Race: (1) Calanish (8) The Die Is Cast (7) Spectaboolous (2) National Fleet 3rd Race: (7) Kentucky Express (9) Umkomaas (5) Vacherin (8) Kingdom Come 4th...

Queensgate may receive big asset boost.
November 23, 2010... Byline: Alistair Anderson Queensgate may receive big asset boost ALISTAIR ANDERSON Contributing Writer QUEENSGATE Hotels and Leisure, which was voluntarily suspended from trading on SA's AltX, yesterday announced that Realcor would inject...

Abil wants to hear from customers.
November 23, 2010... Byline: Sure Kamhunga Abil wants to hear from customers SURE KAMHUNGA Financial Services Editor AFRICAN Bank Investments Limited (Abil) CEO Leon Kirkinis has thrown down the gauntlet to rivals by announcing Abil's main banking unit will hold...

Anglo to sell Australian coal mine.
November 23, 2010... Byline: Allan Seccombe Anglo to sell Australian coal mine ALLAN SECCOMBE ANGLO American's disposal of noncore assets continued apace yesterday, when it said the Callide thermal coal mine in Australia was now up for sale as it focuses on...

Trencor pyramid structure to go.
November 23, 2010... Byline: Mark Allix Trencor pyramid structure to go MARK ALLIX TRENCOR, the company which finances, owns, leases, manages and resells marine cargo containers globally, will repurchase 10800881 shares subject to the unbundling by JSE-listed...

Bread producers face possible class-action suits.
November 23, 2010... Byline: Michael Bleby and Franny Rabkin Bread producers face possible class-action suits MICHAEL BLEBY Retail Industries Editor PIONEER Food Group's public bread-breaking with the Competition Commission earlier this month may turn out to be...

EU and Sadc aim to beat year-end deadline.
November 23, 2010... Byline: Loyiso Langeni EU and Sadc aim to beat year-end deadline Negotiators scramble to conclude economic partnership agreement, writes WITH only two meetings left and an European Union-Africa heads of state summit in Libya this week, trade...

Eskom's coal moans find a sympathetic ear.
November 23, 2010... Byline: Siseko Njobeni Eskom's coal moans find a sympathetic ear The government may be listening to the utility's worries about supplies, writes IT LOOKS like Eskom's moaning about coal quality is getting a sympathetic ear from the...

Industry growth sees photovoltaic costs plummet.
November 23, 2010... Byline: SISEKO NJOBENI Industry growth sees photovoltaic costs plummet Energy Affairs Editor THE capital costs of photovoltaic plants have fallen more than 40% in the past two years because of the growth of the industry, says the South...

Poor quality coal used in SA equals poor quality air.
November 23, 2010... Byline: Mark Allix Local cement makers struggle to reduce emissions while SA's best coal is exported, writes Poor quality coal used in SA equals poor quality air LAFARGE, Africa's biggest cement producer, has achieved a 20% reduction in its...

Labour also at fault.
November 23, 2010... Byline: Gavin Barnett Labour also at fault The reference in Ted Black's perceptive column (Unions a perfect cartel for the poor, November 22) to what Adam Smith called & conspiracies against the public& pinpoints a deliberate attempt...

Steel mill closes amid policy waffle.
November 23, 2010... Byline: Mike Sampson Steel mill closes amid policy waffle Cisco, the Cape Town Iron and Steel Corporation, switches off its electric arc furnaces for the last time on December 3 after 50 years as a producer of reinforcing bar and billet. It...

Assassinations linked.
November 23, 2010... Byline: Sam Ditshego Assassinations linked On November 22 1963 the president of the US, John F Kennedy, was assassinated in broad daylight. Why am I bothered about the assassination of a former US president? My answer is that the same people...

Hats off to you.
November 23, 2010... Byline: Themba Sepotokele Hats off to you Newspapers, we are told, are meant to inform, educate and entertain. However, some dailies have failed to inform the public and their readers as was the case on Friday. All of Gauteng's daily...

Sanction referees.
November 23, 2010... Byline: Rex van Schalkwyk Sanction referees The Springboks were appalling, but the referee was worse. The incomprehensible penalty awarded by Stuart Dickinson against Juan Smith for alleged illegal rucking, directly in front of the...

African fallacies.
November 23, 2010... Byline: Tebogo Ditshego African fallacies Why doesn't it seem to bother leaders on this continent that Africa is so rich with natural resources, yet we sell our natural resources to the western world, who then sell us a finished product at a...

Act will boost research.
November 23, 2010... Byline: Stephan J Lamprecht Act will boost research In response to your article (SA considers Stanford/Google type law, November 15). The comments quoted in the article suggest investors will henceforth avoid university research, as ownership...

Nampak profit leaps as it sheds struggling units.
November 23, 2010... Byline: Mark Allix Nampak profit leaps as it sheds struggling units MARK ALLIX Industrial Correspondent PACKAGING manufacturer Nampak saw headline earnings per share up 79%, from 83,8c to 149,7c, for the year to September, with its dividend...

Pearson invests more in SA education.
November 23, 2010... Byline: Sue Blaine Pearson invests more in SA education SUE BLAINE Education Editor UK MEDIA and education company Pearson Plc's shares gained 1,4% yesterday after it announced it is to buy a 75% stake in a South African private higher...

PSV earnings drop in 'tough' interim period.
November 23, 2010... Byline: Mark Allix PSV earnings drop in 'tough' interim period MARK ALLIX Industrial Correspondent DIVERSIFIED industrial engineering group PSV Holdings' headline earnings per share fell to 1,30c for the six months to August, from 2,92c last...

Simmers gets value from Tau Lekoa.
November 23, 2010... Byline: Allan Seccombe Simmers gets value from Tau Lekoa ALLAN SECCOMBE Resources Editor SIMMER & Jack shares jumped yesterday after the benefits of the recently acquired Tau Lekoa mine became apparent in the group's second quarter...

Telkom to exit mobile unit of Multi-Links.
November 23, 2010... Byline: Thabiso Mochiko Telkom to exit mobile unit of Multi-Links Ailing Nigerian business cost group R5bn in write-offs for year to March THABISO MOCHIKO Information Technology Editor TELKOM said yesterday that it will exit the mobile unit...

Rising costs are still a concern for Vukile.
November 23, 2010... Byline: Thabang Mokopanele Rising costs are still a concern for Vukile THABANG MOKOPANELE Property Editor DESPITE tough trading conditions in the property market, listed property loan stock group Vukile Property Fund yesterday posted a 7,5%...

Providing expertise for the whole family.
November 23, 2010... Byline: Andrew Gillingham Providing expertise for the whole family RECENT history has shown that financial dangers can materialise overnight with devastating effect and high net-worth families are responding by placing a greater premium on...

Holistic model a one-stop concept.
November 23, 2010... Byline: Andrew Gillingham Holistic model a one-stop concept THE private-client market is moving to a more holistic model that embraces a range of products and services, closer to a one-stop shop concept. Margaret Nienaber, head of private...

Offshore opportunities beckon.
November 23, 2010... Byline: Andrew Gillingham Offshore opportunities beckon CHANGES to SA's exchange control regime will open up opportunities for ultra high net-worth individuals to increase their geographic diversification. Eric Enslin, CEO FNB Private...

Clients' desires the key.
November 23, 2010... Byline: Andrew Gillingham Clients' desires the key New approach defines behaviour and dreams, writes ANDREW GILLINGHAM THE past two years have been momentous for most wealth-management firms and their clients after the dramatic global...

Social media becoming big part of travellers' itineraries.
November 22, 2010... Byline: Chantelle Benjamin Social media becoming big part of travellers& itineraries CHANTELLE BENJAMIN Media Editor A SURVEY conducted by Sheraton Hotel & Resorts, as part of its move to differentiate its brand, looked into its...

Simmers gold for Deutsche.
November 22, 2010... Byline: ALLAN SECCOMBE Simmers gold for Deutsche SIMMER & Jack agreed to a gold-sale deal worth $20m with Deutsche Bank that will allow the midtier gold producer to repay its outstanding loan with Rand Merchant Bank. Simmers will...

SA 'pioneers sustainability reports'.
November 22, 2010... Byline: Sanchia Temkin SA 'pioneers sustainability reports& SANCHIA TEMKIN Professional Services Editor SA& s companies are taking the lead globally in issuing sustainability reports that go beyond highlighting the share price and...

Audit vital to set targets.
November 22, 2010... Byline: Alf James Audit vital to set targets OVER the past 24 months the Global Carbon Exchange team has seen a significant growth in the market& s understanding of the importance of conducting an operational carbon footprint for...

How to be a green hero.
November 22, 2010... Byline: Alf James How to be a green hero BEING environmentally savvy is a hot point of discussion in the ICT industry as everyone wants to go green. In a world where carbon emissions are on the rise and global warming is an established...

Companies will have to come clean as the pressure mounts.
November 22, 2010... Byline: Alf James Companies will have to come clean as the pressure mounts Reporting likely to become mandatory and stakeholders more demanding, writes ALF JAMES WITH the South African government having committed to making the economy less...

Good news for some.
November 22, 2010... Byline: Frans Cronje Good news for some I suppose that to an extent Steuart Pennington has a point. Today, white South Africans earn six times more than their black South African compatriots. The whites are six times more likely to have a...

Weigh up the needs of your family when planning an estate.
November 22, 2010... Byline: Bryan Hirsch Weigh up the needs of your family when planning an estate THE relaxation in foreign exchange controls is welcomed. I believe it& s only a matter of time before exchange control is abolished completely. For the 99% of...

JSE MARKET REPORT. JSE down as China rates hike weighs.
November 22, 2010... JSE MARKET REPORT JSE down as China rates hike weighs THE JSE slid on Friday, in line with global stocks after China hiked interest rates to cool down its runaway economy and keep inflation in check. Local mining counters in particular came...

Boks' defeat to Scotland can be a positive if it leads to change at last.
November 22, 2010... Byline: Mark Keohane Boks& defeat to Scotland can be a positive if it leads to change at last THERE have been darker days in South African rugby than Saturday& s embarrassment against Scotland. I know, having worn an official green...

Crucial CD Collection.
November 22, 2010... Byline: RICHARD HASLOP Crucial CD Collection MAYBE life does imitate art after all. For years, reviews of SHOOT OUT THE LIGHTS focused on the way the album seemed to document, without flinching, the end of Richard and Linda Thompson& s...

Good and bad in Zuma's strength.
November 22, 2010... Good and bad in Zuma& s strength There has been a shift away from transparency PRESIDENT Jacob Zuma went into the African National Congress& s (ANC& s) national general council in Durban two months ago a lame duck, the erstwhile...

Unions a perfect cartel for the poor.
November 22, 2010... Byline: TED BLACK Unions a perfect cartel for the poor EARLIER this month, Pioneer Foods reached a R1,05bn settlement with the Competition Commission. It was the price paid for being part of the cartel in the wheat and maize market with Tiger...

Get ahead without reading the books.
November 22, 2010... Byline: Sue Blaine Get ahead without reading the books Many leaders are oblivious of the obvious, writes INTERNATIONAL coaching guru Brad Sugars likes to tell the story of a family legend in which he sold his Christmas presents to his...

Love in the age of certainty should be mutual.
November 22, 2010... Byline: KATY CHANCE Love in the age of certainty should be mutual DESCRIBING a woman as being & of a certain age& is the closest the French have ever come to insulting what used to be called the fairer sex. (French men are weird in...

New battle over Africa's dependence on foreign aid.
November 22, 2010... Byline: Ben Turok Development New battle over Africa& s dependence on foreign aid AN UNEXPECTED struggle developed at a conference in Tunis recently between developed countries and Africa in what was meant to be a cordial meeting between...

Where are the crucial decisions being taken?
November 22, 2010... Byline: Aubrey Matshiqi Where are the crucial decisions being taken? DECISION Points, the book by former US president George Bush, has just landed at a bookstore near you. However, it is the title of the book, and not the book itself, which...

Increased savings a shield from foreign inflows?
November 22, 2010... Byline: Gavin Keeton Increased savings a shield from foreign inflows? 'What should matter to the proponents of a leading role for the government in society is the level of state spending& THE 2008 Report of the Commission on Growth and...

Efforts to stop racial fronting likely to be futile once again.
November 22, 2010... Byline: John Kane-Berman Efforts to stop racial fronting likely to be futile once again WHITES used to front for blacks, and the previous government objected. Now blacks front for whites and the current government objects. But stopping...