Business Day (South Africa) articles from October 2010, page 3

Business Day (South Africa) archives from October 2010

Caxton loses battle against rival Naspers.
October 27, 2010... Byline: Chantelle Benjamin Caxton loses battle against rival Naspers CHANTELLE BENJAMIN Media Editor CAXTON lost its bid before the Independent Communications Authority of SA (Icasa) to have the regulator investigate foreign ownership in...

Residential market is weakening.
October 27, 2010... Byline: Thabang Mokopanele Residential market is weakening AS THIS year nears its end, the residential property market is once again on a weakening trend, after a mini-recovery that spanned from early last year to early this year. The...

Defaulting on rent can lead to blacklisting.
October 27, 2010... Byline: Thabang Mokopanele Defaulting on rent can lead to blacklisting TENANTS slacking on their monthly rental payments could find their behaviour coming back to haunt them when seeking to raise finance to buy their own property. Andrew...

SA tops emerging markets in corporate governance report.
October 27, 2010... Byline: Sanchia Temkin SA tops emerging markets in corporate governance report SANCHIA TEMKIN Professional Services Editor SA HAS received the top global ranking for its corporate governance disclosure requirements out of 24 emerging markets,...

Underinsurance will prove costly in the end.
October 27, 2010... Byline: David Jackson Underinsurance will prove costly in the end UNDERINSURANCE, fraudulent claims and policy lapses are reportedly on the increase in the short-term insurance sector as economic conditions get tougher. The numbers involved...

Upbeat over prospects.(Company overview)
October 27, 2010... Byline: David Jackson Upbeat over prospects However, legislation and regulation could pose challenges, writes DAVID JACKSON THE South African insurance industry largely escaped the worst effects of the global financial crisis and is showing...

A 'bill of rights' will favour insured clients.
October 27, 2010... Byline: David Jackson A 'bill of rights' will favour insured clients New Consumer Protection Act will make South African consumers the most protected in the world WHILE insurance needs still remain high on the priority list for many South...

Popi alters regulatory landscape.
October 27, 2010... Byline: David Jackson Popi alters regulatory landscape A RAFT of new legislation and regulations will raise challenging compliance issues for South African companies and organisations, and the insurance industry is no exception. Along with...

Technology holds key to the future.
October 27, 2010... Byline: David Jackson Technology holds key to the future PEOPLE's perceptions of insurance are changing from a means of protection to a form of investment, therefore insurers can no longer expect to offer a one-size-fits-all solution. This,...

Policy-level data access is a challenge.
October 27, 2010... Byline: David Jackson Policy-level data access is a challenge UNDERWRITING profits in the short-term insurance sector plunged markedly last year, aggravated by the economic recession and the frequency and severity of claims in a number of...

Mittal's quarterlies are not a train smash.
October 27, 2010... Byline: Dave Marrs THE BOTTOM LINE COLUMN Mittal's quarterlies are not a train smash THAT steel group ArcelorMittal SA's earnings were going to take a hit was fairly widely expected, given the company's recent travails. In fact, earnings for...

The Insider.
October 27, 2010... A new take on the Keynesian multiplier THE Insider received an e-mail recently containing a story the sender said clearly explained Swaziland's economic recovery pathway. It is a slow day in the small town of Siteki, the story begins, and the...

Growth broth has too many cooks.
October 27, 2010... Growth broth has too many cooks FOR a broth that shows all the signs of being concocted by too many chefs, the government's new growth path for the economy is oddly encouraging. Perhaps this is because an overarching vision for the country has...

Shilowa must go it alone.
October 27, 2010... Shilowa must go it alone IT HAS been said before and it will no doubt be said again: the Congress of the People's (COPE's) internal power battle is one of the most senseless acts of self-destruction in the history of South African politics. Is...

Wine.
October 27, 2010... Byline: MICHAEL FRIDJHON Wine IN THE late 1980s, possession of a Chardonnay vineyard and access to a cellar with a few staves of oak was pretty much a licence to print money. Yet, within a few short years Chardonnay had plummeted from its...

Look before you leap into 'mobi'.
October 27, 2010... Byline: GRAEME HALEY Look before you leap into 'mobi' HISTORY does have a way of repeating itself. If you cast your mind back to the 1990s, every South African company was being cajoled into putting up a website on the newfangled internet...

Leaders' soft skills can come from coaching.
October 27, 2010... Byline: MELANIE BLYTHE Leaders' soft skills can come from coaching BEING a good leader is about much more than management. It is about providing direction and inspiration so that others can perform at their best. Leadership development,...

Soccer stars must be role models not gunslingers.
October 27, 2010... Byline: Mninawa Ntloko Soccer stars must be role models not gunslingers JUST what the blazes is going on with these soccer players? Scandal has been a constant companion for some of them and it seems they're falling over themselves to outdo...

Komphela struggling to make an impression at Stars.
October 27, 2010... Byline: Mninawa Ntloko Komphela struggling to make an impression at Stars MNINAWA NTLOKO Sports Editor HE MAY have been hailed as a messiah when he joined the club last month, but Free State Stars coach Steve Komphela is still struggling to...

SA is torn between the paths of secrecy and transparency.
October 27, 2010... Byline: Thembinkosi Dlamini and Russell Wildeman Democracy Thembinkosi Dlamini and Russell Wildeman SA is torn between the paths of secrecy and transparency SA IS capable of sustaining two narratives. One, which provoked a Financial Times...

Fear and disdain keep the public in the dark.
October 27, 2010... Byline: ALISON TILLEY Fear and disdain keep the public in the dark THE South African Human Rights Commission recently released its annual report on government compliance with the Promotion of Access to Information Act and it makes dismal...

Free altruists from the straitjackets of activists.
October 27, 2010... Byline: Jagdish Bhagwati Free altruists from the straitjackets of activists INCREASINGLY, corporations are under pressure, often from activist nongovernmental organisations (NGOs), to take on specific corporate social responsibility (CSR)...

China's currency excuse is starting to wear thin.
October 27, 2010... Byline: Gordon Rachman China's currency excuse is starting to wear thin 'Both Chinese people and foreigners have an interest in seeing China make a start by improving civil liberties' ANYBODY who talks regularly to Chinese officials will be...

DA gave 'Hobson's choice' on open toilets.
October 27, 2010... Byline: BEKEZELA PHAKATHI DA gave 'Hobson's choice' on open toilets Contributing Writer THE Democratic Alliance (DA)-controlled City of Cape Town yesterday backed down and released its report on the Makhaza toilets without walls debacle,...

Allies cool on Cabinet's new plan to boost jobs.
October 27, 2010... Byline: LINDA ENSOR Allies cool on Cabinet's new plan to boost jobs Deficit reduction and a proposed pact on wages are sticking points Political Correspondent CAPE TOWN The government released its long-awaited economic growth strategy...

Transnet taps private sector for expansion.
October 27, 2010... Byline: JULIUS BAUMANN Transnet taps private sector for expansion Transport and Tourism Editor LOGISTICS group Transnet said yesterday it is in discussion with industrial and mining groups to help fund a major expansion of its bulk commodity...

Unemployment at 4,4-million despite consistent growth.
October 27, 2010... Byline: ALISTAIR ANDERSON Unemployment at 4,4-million despite consistent growth Disappointing figures show government faces huge task in bid to create more jobs Contributing Writer UNEMPLOYMENT edged up to 25,3% in the third quarter of this...

No direct flights to Okavango swamps.
October 27, 2010... Byline: LINDA ENSOR No direct flights to Okavango swamps Political Correspondent CAPE TOWN Failure to resolve a dispute over the lucrative air route between Johannesburg and Maun the nearest airport to the Okavango swamps means that neither...

SA urged not to be 'obsessed' with Bric.
October 27, 2010... Byline: LOYISO LANGENI SA urged not to be 'obsessed' with Bric Trade and Diplomatic Correspondent CAPE TOWN SA's bid to join one of the leading emerging market groups came under attack from trade policy experts yesterday. SA is campaigning...

Governments look to VAT to balance books.
October 27, 2010... Byline: Sanchia Temkin Governments look to VAT to balance books But multinationals struggle with lack of international harmonisation, writes GOVERNMENTS around the world are struggling to balance their books and are turning to value-added tax...

Consumer benefits to continue for next years.
October 27, 2010... Byline: STAFF REPORTER Consumer benefits to continue for next years THE current climate of South African consumers benefiting from exceptionally low interest rates and inflation was likely to continue through next year and even 2012, Johann...

'No need to worry about high food prices yet'.
October 27, 2010... Byline: JOCELYN NEWMARCH 'No need to worry about high food prices yet' Infrastructure & Environment Correspondent SA NEED not to worry about record international food prices just yet, an agricultural expert said yesterday. Food...

Criteria for choosing judges 'are worrisome'.
October 27, 2010... Byline: FRANNY RABKIN Criteria for choosing judges 'are worrisome' Law and Constitution Writer WESTERN Cape High Court Judge Dennis Davis questioned the worth of the Judicial Service Commission's (JSC's) recently published criteria for the...

Sisulu insists Gripens will be kept flying.
October 27, 2010... Byline: WYNDHAM HARTLEY Sisulu insists Gripens will be kept flying Parliamentary Editor CAPE TOWN Defence Minister Lindiwe Sisulu has promised that despite there being no new money for defence, budget cuts and spending shifts will be made to...

KwaZulu-Natal steps up local elections preparations.
October 27, 2010... Byline: EDWARD WEST KwaZulu-Natal steps up local elections preparations KwaZulu-Natal Editor KWAZULU-Natal would have the highest number of councillors of any province after next year's local government elections, co-operative governance and...

ERNEST MABUZA.
October 27, 2010... Byline: Jack Lesage Agliotti set to apply for charges to be dropped ERNEST MABUZA Legal Affairs Correspondent GLENN Agliotti, accused of killing Brett Kebble, will bring an application to have charges against him thrown out when the case...

BEKEZELA PHAKATHI.
October 27, 2010... Byline: Jack Lesage SA 'must ensure 2008 electricity crisis does not recur' BEKEZELA PHAKATHI Contributing Writer DEPARTMENT of Energy director-general Nelisiwe Magubane said yesterday that SA has to ensure the electricity crisis of 2008...

SIBONGAKONKE SHOBA.
October 27, 2010... Byline: Jack Lesage Eskom, Gauteng to align power plan SIBONGAKONKE SHOBA Deputy Political Editor THE Gauteng government and Eskom are establishing a task team to align plans to ensure access to electricity and uninterrupted supply. ...

THABISO MOCHIKO.
October 27, 2010... Byline: Jack Lesage Wireless firms getting itchy over slow frequency licensing Calls are rising for the telecommunications regulator to prioritise its allocation processes, writes Thabiso Mochiko THE Internet Service Providers' Association...

Chantelle Benjamin.
October 27, 2010... Byline: Jack Lesage MWEB hacking part of growing threat More than 14000 websites hacked in SA since January, writes Chantelle Benjamin HACKERS on Monday hacked into the servers of MWEB and posted the login details of some clients on the web...

SARAH HUDLESTON.
October 27, 2010... Byline: Jack Lesage Need grows 'for strict control of chemicals' SARAH HUDLESTON Staff Writer THE increased production of synthetic drugs worldwide has necessitated the strict control of chemicals, says the French ambassador to SA, Jacques...

JOCELYN NEWMARCH.
October 27, 2010... Byline: Jack Lesage New drive to battle R4,4bn power theft JOCELYN NEWMARCH Infrastructure & Environment Correspondent ELECTRICITY theft costs SA R4,4bn annually in lost revenue, Eskom said yesterday. While electricity theft costs...

Vertebrates face an uncertain future.
October 27, 2010... Byline: TAMAR KAHN Vertebrates face an uncertain future Science and Health Editor CAPE TOWN A fifth of the world's vertebrates are facing the fate of the quagga, but many more species would be threatened with extinction if it were not for...

Nzimande's Cuban trip off indefinitely.
October 27, 2010... Byline: SUE BLAINE Nzimande's Cuban trip off indefinitely Education Editor HIGHER Education and Training Minister Blade Nzimande's trip to Cuba has been postponed indefinitely, the department's acting director-general, Nqaba Nqandela, said...

Self-service check-in takes off at OR Tambo.
October 27, 2010... Byline: JULIUS BAUMANN Self-service check-in takes off at OR Tambo Transport and Tourism Editor THE number of South African travellers electing to use the self-service check-in has virtually doubled since last year, this year's State...

Sticking to takeover trail with Hudaco.
October 27, 2010... Byline: Ben Temkin PRIVATE INVESTOR Sticking to takeover trail with Hudaco WHEN it was announced that HSBC Holdings (HSBC) intended to buy control of Nedbank Group (Nedbank) from Old Mutual, Nedbank's share price rose 16%, from R128 to R149....

IN: Robin Nicholson, confirmed by the SABC board as group acting CEO.
October 27, 2010... Robin Nicholson, confirmed by the SABC board as group acting CEO. What response now from the communications minister, who has been candid in his opposition to Nicholson's appointment?

OUT: If COPE president Mosiuoa Lekota was were honestly confident of his position ..
October 27, 2010... If COPE president Mosiuoa Lekota was honestly confident of his position, he would allow the party's elective congress to take place next month as planned. What is he so afraid of? Losing?

IN: US President Barack Obama.
October 27, 2010... US President Barack Obama. His personal video submission to the It Gets Better campaign, which seeks to offer solace to gay teens in the US, took courage just days before the midterm elections.

Sharks boss says Absa dropped sponsorship to back Boks.
October 27, 2010... Byline: Zeena Isaacs Sharks boss says Absa dropped sponsorship to back Boks SHARKS president Peter Hassard said yesterday that he believed the bombshell dropped by Absa that it would not renew its sponsorship of the Shark Tank was due to the...

Coaches tell squads to ignore final hype.
October 27, 2010... Byline: Zeena Isaacs Coaches tell squads to ignore final hype Coetzee and Plumtree say players must remain focused on task at hand to lift the Currie Cup ZEENA ISAACS Rugby Correspondent WESTERN Province coach Allister Coetzee and Sharks...

ArcelorMittal third-quarter earnings dive.
October 27, 2010... Byline: Mark Allix ArcelorMittal third-quarter earnings dive Steel maker says private sector is not coming back into the market MARK ALLIX Staff Writer STEEL maker ArcelorMittal SA's third-quarter results to end-September saw headline...

Higher volumes, productivity lift Transnet profit.(Financial report)
October 27, 2010... Byline: Julius Baumann Higher volumes, productivity lift Transnet profit JULIUS BAUMANN Transport and Tourism Editor SHARPLY higher volumes on Transnet's coal and iron-ore lines as well as improved productivity at the country's ports...

RMB rejig will give investors a choice.
October 27, 2010... Byline: Sure Kamhunga RMB rejig will give investors a choice SURE KAMHUNGA Financial Services Editor SHAREHOLDERS of diversified investment holding group RMB Holdings will be able to decide whether to remain invested in either the banking or...

JAMES Altucher, in an article at CNBC.com, admits being jealous of Nouriel Roubini, nicknamed aka.
October 27, 2010... Byline: Michel Pireu StreetDogs Why the stock market bears might appear smarter than the bulls JAMES Altucher, in an article at CNBC.com, admits being jealous of Nouriel Roubini, nicknamed Dr Doom. Despite remaining nonstop bearish since the...

Esorfranki earnings dip points to 2012 recovery.
October 27, 2010... Byline: Thabang Mokopanele Esorfranki earnings dip points to 2012 recovery THABANG MOKOPANELE Property Editor CIVIL engineering group and geotechnical specialist Esorfranki's 90% drop in headline earnings per share to 4,1c for the six months...

Court order blocks NUM strike.
October 27, 2010... Byline: Franny Rabkin Court order blocks NUM strike FRANNY RABKIN MINING company Gold Fields staved off a strike at its South Deep mine yesterday, after the Labour Court ordered that the strike not proceed until certain factual disputes were...

ALTHOUGH the most recent data from International Property Data (IPD) show industrial vacancies falling from 6,7% in December to 5,7% in June, caution must still be employed as the situation varies across market regions.
October 27, 2010... Byline: Thabang Mokopanele Industrial property market in stronger position now than year ago ALTHOUGH the most recent data from International Property Data (IPD) show industrial vacancies falling from 6,7% in December to 5,7% in June, caution...

MARK ALLIX.
October 27, 2010... Byline: Mark Allix Loss of Eskom contract hits Kairos revenue MARK ALLIX Staff Writer KAIROS Industrial Holdings, which supplies the mining and construction industries, said in its unaudited consolidated interim results for the six months to...

Unjustified salaries.
October 27, 2010... Byline: Steve Lincoln Unjustified salaries Two weeks ago your Appointments section advertised four posts in the office of the North West premier (October 12): a superintendent-general in health and social development for R1,275m, and three...

Retire Mdladlana now.
October 27, 2010... Byline: Howard Skeens Retire Mdladlana now The Democratic Alliance (DA) omitted Labour Minister Membathisi Mdladlana in the list of ministers President Jacob Zuma must fire. Let's review: a major reason for SA's poor performance is the...

SABC in larger battle.
October 27, 2010... Byline: Barry Ross SABC in larger battle I observed the debacle that was the SABC board presentation to Parliament early this week. The behaviour of the boards of directors, both past and present, is an embarrassment to our country. To blame...

Profitable brewers serve the public.
October 27, 2010... Byline: John Davidson Profitable brewers serve the public We were disappointed to see that in his recent comment (National antitrust laws are often not enough, October 20) Prof Frederic Jenny continues to misrepresent SABMiller's views and...

Socioeconomic mess.
October 27, 2010... Byline: Mark Wade Socioeconomic mess Political and economic uncertainty are bedevilling our country. Our government and its alliance partners spend more time stabbing each other in the back than managing their departments. Trade unions are...

Siding with the union.
October 27, 2010... Byline: Harry Hyams Siding with the union I have been a customer of Standard Bank since 1972. For all those years I have received outstanding service from managers, accountants, tellers and clerks. Standard Bank CEO Jacko Maree will fire 2000...

Facts about Arab Jews.
October 27, 2010... Byline: SC Weiss Facts about Arab Jews I have been trying to think of the best way to respond to E Qasim (Typical Zionist attack, October 25). Invariably any response to invective of this type looks unnecessarily defensive. This is...

Pg 18, 54cm LEAD CHANTELLE BENJAMIN.
October 27, 2010... Byline: Chantelle Benjamin Caxton loses battle against rival Naspers CHANTELLE BENJAMIN Media Editor CAXTON lost its bid before the Independent Communications Authority of SA (Icasa) to have the regulator investigate foreign ownership in...

Nedbank to fund new Woodstock development.
October 27, 2010... Byline: Thabang Mokopanele Nedbank to fund new Woodstock development THABANG MOKOPANELE Property Editor NEDBANK Corporate Property Finance said yesterday it had funded the R265m second phase of the Upper Eastside mixed-use development in...

AS THIS year nears its end, the residential property market is once again on a weakening trend, after a.
October 27, 2010... Byline: Thabang Mokopanele Residential market is weakening AS THIS year nears its end, the residential property market is once again on a weakening trend, after a mini-recovery that spanned from early last year to early this year. The...

TENANTS slacking on their monthly rental payments could find their behaviour coming back to haunt them when seeking to raise finance or a bond to purchase buy their own property.
October 27, 2010... Byline: Thabang Mokopanele Defaulting on rent can lead to blacklisting TENANTS slacking on their monthly rental payments could find their behaviour coming back to haunt them when seeking to raise finance to buy their own property. Andrew...

Pg 18, 31cm STORY SANCHIA TEMKIN.
October 27, 2010... Byline: Sanchia Temkin SA tops emerging markets in corporate governance report SANCHIA TEMKIN Professional Services Editor SA HAS received the top global ranking for its corporate governance disclosure requirements out of 24 emerging markets,...

SA business ahead on skills survey.
October 27, 2010... Byline: Sanchia Temkin SA business ahead on skills survey SANCHIA TEMKIN Professional Services Editor SOUTH African companies appear to be slightly ahead of their international counterparts when it comes to securing skills to drive their...

Nutrition Matters. Chill out with cold summer soups.(Recipe)
October 27, 2010... Byline: Ashleigh Caradas NUTRITION MATTERS Chill out with cold summer soups Cold soups help you to keep hydrated, that in turn helps to keep your blood pressure under control If you are a soup lover, there is no need to stop preparing them...

Why you need to do more than get moving to lose all that flab.
October 27, 2010... Byline: Marika Sboros FIRST OPINION Why you need to do more than get moving to lose all that flab Scientists are once again contradicting themselves: they say exercise has benefits, but isn't a good tool for weight loss WHOEVER said life...

Taking the healthy road to success.(Interview)
October 27, 2010... Byline: Mandy Collins VITAL SIGNS Taking the healthy road to success Microsoft MD Mteto Nyati, a mechanical engineer by profession, was named by Yale University as one of its World Fellows on Global Leadership in 2004. He tells why he enjoys...

Software tools give better insight into the business.
October 27, 2010... Byline: Sol Jasven Digging deep into the detail to boost revenue Companies need to know why they are losing customers and sales, writes JENNIGAY COETZER THE recent downturn and continuing economic uncertainty has boosted demand for business...

A good case for a role-based approach.
October 27, 2010... Byline: Sol Jasven Data to satisfy differing roles THERE is a drive to get meaningful information to people at all levels of an organisation and present them with key performance indicators that relate to their specific function in the...

Companies reluctant to quantify ROI.
October 27, 2010... Byline: Sol Jasven Analysing performance of a new system is critical COMPANIES are reluctant to quantify the return on investment achieved from their business intelligence initiatives, often because they have not sat down and analysed them....

Outsourcing ideal for medium sized companies.
October 27, 2010... Byline: Sol Jasven Outsourcing a solution for smaller firms CHRISTO Bredenkamp, MD of Synergy BI, says an outsourced business intelligence solution makes more sense for medium-sized companies because the hardware, software and support is...

PRESS RELEASE.
October 27, 2010... Byline: Sol Jasven Underinsurance will prove costly in the end UNDERINSURANCE, fraudulent claims and policy lapses are reportedly on the increase in the short-term insurance sector as economic conditions get tougher. The numbers involved are...

INSURANCE INDUSTRY.(Company overview)
October 27, 2010... Byline: Lauren de Beer Upbeat over prospects However, legislation and regulation could pose challenges, writes DAVID JACKSON THE South African insurance industry largely escaped the worst effects of the global financial crisis and is showing...

(with pic Guy Scott).
October 27, 2010... Byline: Sol Jasven A 'bill of rights' will favour insured clients New Consumer Protection Act will make South African consumers the most protected in the world WHILE insurance needs still remain high on the priority list for many South...

INSALES 1.
October 27, 2010... Byline: Sol Jasven Technology holds key to the future PEOPLE's perceptions of insurance are changing from a means of protection to a form of investment, therefore insurers can no longer expect to offer a one-size-fits-all solution. This, in...

(396 words).
October 27, 2010... Byline: Lauren de Beer Policy-level data access is a challenge UNDERWRITING profits in the short-term insurance sector plunged markedly last year, aggravated by the economic recession and the frequency and severity of claims in a number of...