Business Day (South Africa) articles from October 2010

Business Day (South Africa) archives from October 2010

Massmart takeover 'safe' despite Wal-Mart's pull-back.
October 29, 2010... Byline: TIM COHEN Massmart takeover 'safe' despite Wal-Mart's pull-back Contributing Editor US MASS retailer Wal-Mart yesterday suggested it might make a partial offer rather than a total take-out bid for local retailer Massmart, in a move...

MR PRICE surprised the market yesterday with an upbeat trading statement, update which confirmed consumer spending seems to be recovering, albeit slowly and despite a sluggish start to the year.
October 29, 2010... Byline: Alana Rank THE BOTTOM LINE COLUMN Now Mr Price brings news of consumer cheer MR PRICE surprised the market yesterday with an upbeat trading statement, which confirmed consumer spending seems to be recovering, albeit slowly and despite...

Alderry's owners eye pots of money.
October 29, 2010... Byline: DAVID MOLLETT Alderry's owners eye pots of money Racing Editor THE owners of the filly Alderry could be banking on a lot of money if she can come out tops in two races at Turffontein tomorrow and again next Saturday. On Wednesday,...

Call for SA to support Banyana in tournament.
October 29, 2010... Byline: Mninawa Ntloko Call for SA to support Banyana in tournament BANYANA Banyana will hope the nation rallies behind the women's national side when the 2010 Confederation of African Football's African Women's Championship gets under way at...

The Insider.
October 29, 2010... Gautrain very convenient, but parking is pricey THE Gautrain is a wonderful development which has removed most of the stress in getting to and from OR Tambo airport. But there is a glitch, and that is the parking. For some reason the electronic...

THE Group of 20 (G-20) leading economies reached agreement on something dubbed.
October 29, 2010... Byline: Janet Parker A capital task for the reformed IMF THE Group of 20 (G-20) leading economies reached agreement on something dubbed historic this past weekend: a fundamental change to the structure of the International Monetary Fund...

SUCH are the sensitivities in alliance politics at present that the Treasury finds itself going out of its way to justify aspects of its medium-term budget policy statement that are really self-evident.
October 29, 2010... Byline: Janet Parker Explaining the self-evident SUCH are the sensitivities in alliance politics at present that the Treasury finds itself going out of its way to justify aspects of its medium-term budget policy statement that are really...

Film.
October 29, 2010... Byline: Janet Parker Film PHILLIP ALTBEKER THE dearth of films about terrorism can be ascribed to the fact that jihadists' actions are not intrinsically funny; moreover, Muslim extremists do not take kindly to having themselves, their motives...

What would our heroes think of us?
October 29, 2010... Byline: Thami Mazwai What would our heroes think of us? JOE Thloloe and I spoke late into the evening on Saturday as we digested developments in the media world. He was at my Morningside hospital bed, where I was recovering from a severe bout...

A car to make Mini drivers think twice.
October 29, 2010... Byline: Alexander Parker A car to make Mini drivers think twice The CR-Z brings something entirely new to the world of motoring ONCE a year, I end up feeling frustrated by the choice of South African Car of the Year, and every year, from my...

Coming soon: fast internet straight out of the can.
October 29, 2010... Byline: Kevin O'Grady Coming soon: fast internet straight out of the can KEVIN O'GRADY THE humble toilet (the can, the comfort station, the commode, the head, the water closet call it what you will) seems to be the latest, if not necessarily...

Orlando Pirates set sights on 'two or three' trophies.
October 29, 2010... Byline: MNINAWA NTLOKO Orlando Pirates set sights on 'two or three' trophies Sports Editor SUCH is the swagger at Orlando Pirates these days that they have already set their sights on another trophy after winning the MTN8 title at the...

WHERE is the to for the Congress of the People (COPE) headed? Barely two years ago, tThe men who, barely two years ago, had the courage to lead the walkout from the African National Congress (ANC) when it accelerated its political decline,, have gone.
October 29, 2010... Byline: Janet Parker Opposition politics Palesa Morudu Comatose COPE's youth must lead its resurrection WHERE is the Congress of the People (COPE) headed? The men who, barely two years ago, had the courage to lead the walkout from the African...

TONY LEON.
October 29, 2010... Byline: Janet Parker Argentina at a new crossroad as 'first man' dies TONY LEON ON WEDNESDAY, the bustling, sprawling metropolis of Buenos Aires was a ghost town. Normally teeming streets and chaotic traffic jams had thinned out to resemble...

SPECULATION has recently mounted that President Jacob Zuma is on the verge of a major Cabinet reshuffle. Some political analysts argue that the nation.
October 29, 2010... Byline: Janet Parker Zuma's axe may not fall where it is most needed SPECULATION has recently mounted that President Jacob Zuma is on the verge of a major Cabinet reshuffle. Some political analysts argue that the nation's CE will not simply...

IT IS encouraging that the medium-term budget policy statement (MTBPS) talks about introducing a new approach to budgeting for, and the management of, capital projects.
October 29, 2010... Byline: Janet Parker Put a stop to arbitrary, chaotic capital spending 'While SA's public infrastructure investment is high as a percentage of GDP, our needs are higher' IT IS encouraging that the medium-term budget policy statement talks...

Awards bash gets R1m from feeding plan.
October 29, 2010... Byline: SUE BLAINE Awards bash gets R1m from feeding plan Education Editor BASIC Education Minister Angie Motshekga's department was given Treasury go-ahead to spend R1m on a school feeding scheme awards ceremony using rollover funds the...

State puts up R174bn guarantees for Eskom.
October 29, 2010... Byline: LINDA ENSOR State puts up R174bn guarantees for Eskom Treasury move assures utility's build programme until 2017 Political Correspondent CAPE TOWN The government has ended uncertainty over the funding of Eskom's construction of its...

Gordhan hints at lower rates, rand to aid growth bid.
October 29, 2010... Byline: MARIAM ISA Gordhan hints at lower rates, rand to aid growth bid Economics Editor SPECULATION is mounting that the Treasury could be paving the way for lower interest rates, and a weaker rand, to give effect to the more effective...

Cabinet appoints engineer as head of struggling Sentech.
October 29, 2010... Byline: THABISO MOCHIKO Cabinet appoints engineer as head of struggling Sentech Information Technology Editor THE Cabinet yesterday announced the appointed of Setumo Mohapi as the new CEO of Sentech, to replace Sebiletso Mokone-Matabane, who...

Treasury's R22bn fund for new jobs 'could grow'.
October 29, 2010... Byline: LINDA ENSOR Treasury's R22bn fund for new jobs 'could grow' Political Correspondent CAPE TOWN The Treasury has created a R22bn policy reserve dedicated to job creation and economic development priorities over the next three years. ...

Mashatile is expected to reshuffle cabinet.
October 29, 2010... Byline: SIBONGAKONKE SHOBA Mashatile is expected to reshuffle cabinet Deputy Political Editor AFRICAN National Congress (ANC) Gauteng chairman Paul Mashatile is expected to wield the axe this weekend when he acts on a review of Premier...

Poor schools 'deny right to an education'.
October 29, 2010... Byline: SUE BLAINE Poor schools 'deny right to an education' Education Editor THOUSANDS of school children are being denied their basic right to education, Democratic Alliance (DA) basic education spokesman Wilmot James said yesterday. He...

New medical parole laws put on the table.
October 29, 2010... Byline: WYNDHAM HARTLEY New medical parole laws put on the table Parliamentary Editor CAPE TOWN The government has approved sweeping changes to key elements of prisons management, endorsing a new policy on medical parole and stipulating a...

Military titles for police a step back, says judge.
October 29, 2010... Byline: FRANNY RABKIN Military titles for police a step back, says judge Law and Constitution Writer THE remilitarisation of the police in SA is a regressive step, Supreme Court of Appeal Judge Azhar Cachalia said last night. The return to...

KwaZulu-Natal performs well in annual audits.
October 29, 2010... Byline: EDWARD WEST KwaZulu-Natal performs well in annual audits KwaZulu-Natal Editor THREE KwaZulu-Natal provincial government departments received unqualified audit reports from the auditor-general for the 2009-10 financial year, second...

Public officials need to lead by example Vavi.(Conference notes)
October 29, 2010... Byline: BEKEZELA PHAKATHI Public officials need to lead by example Vavi Contributing Writer PUBLIC officials should lead by example, says Congress of South African Trade Unions (Cosatu) general secretary Zwelinzima Vavi, and send their...

Constitutional Court asked to dismiss mother's appeal.
October 29, 2010... Byline: ERNEST MABUZA Constitutional Court asked to dismiss mother's appeal Legal Affairs Correspondent THE state has asked the Constitutional Court to dismiss an appeal by a convicted mother of two who is seeking to avoid jail because of the...

Secrecy bill 'could compromise environmental information'.
October 29, 2010... Byline: JOCELYN NEWMARCH Secrecy bill 'could compromise environmental information' Infrastructure and Environment Correspondent INFORMATION on environmental issues could be further compromised by the Protection of Information Bill, a legal...

Scientists find earliest evidence of method of shaping weapons in SA.
October 29, 2010... Byline: TAMAR KAHN Scientists find earliest evidence of method of shaping weapons in SA Science and Health Editor CAPE TOWN Scientists have discovered that people living at Blombos Cave in the southern Cape 75 000 years ago were using a...

Prasa selects Siemens to replace signalling system.
October 29, 2010... Byline: JULIUS BAUMANN Prasa selects Siemens to replace signalling system Transport and Tourism Editor PASSENGER Rail Agency of SA (Prasa) said yesterday it will spend R961m implementing a new, modern rail signalling system on its commuter...

forever! SHARKS.
October 29, 2010... Louis Ludik; Odwa Ndungane, Stefan Terblanche (capt), Andries Strauss, Lwazi Mvovo; Patrick Lambie, Charl McLeod; Ryan Kankowski, Willem Alberts, Keegan Daniel; Alistair Hargreaves, Steven Sykes; Jannie du Plessis, Bismarck du Plessis, Tendai...

How to price Hudaco during a takeover.
October 29, 2010... Byline: Ben Temkin PRIVATE INVESTOR How to price Hudaco during a takeover RELATIVE to the share price of Hudaco, following its cautionary announcement, I've received two e-mails asking me how investors evaluate a probable offer price for all...

Former Gauteng health MEC for Health in Gauteng Brian Hlongwa, for authorising spending of R4m on a gate, now falling apart, at Sizwe Hospital in Joburg. Inside, sick patients suffer in poor conditions.
October 29, 2010... Byline: Alana Rank Former Gauteng health MEC Brian Hlongwa, for authorising spending of R4m on a gate, now falling apart, at Sizwe Hospital in Joburg. Inside, sick patients suffer in poor conditions.

Cosatu general secretary Zwelinzima Vavi. His statements at the Civil Society Conference, and the gathering itself, are signs that important actors are starting to imagine a different path for SA.(Conference news)
October 29, 2010... Byline: Alana Rank Cosatu general secretary Zwelinzima Vavi. His statements at the Civil Society Conference, and the gathering itself, are signs that important actors are starting to imagine a different path for SA.

Former Argentinian football player and coach Diego Maradona. Blaming Paul the Octopus for Argentina.
October 29, 2010... Byline: Alana Rank Former Argentinian football player and coach Diego Maradona. Blaming Paul the Octopus for Argentina's early World Cup exit, and celebrating his death, is sadly typical. Talk about a bad sport.

SELECTIONS.
October 29, 2010... 1st Race: (8) Sherbrooke (7) Surfing Safari (3) Come By Once (5) Khuseti 2nd Race: (16) Southern Lights (1) Gold Site (2) Beau Solei (7) Jannu 3rd Race: (10) Irish May (1) Westa (4) Slip Sliding (3) Pretty Wild 4th Race: (1) Fancy Some French...

W.P. RUGBY.
October 29, 2010... Conrad Jantjes; Gio Aplon, Juan De Jongh, Jean De Villiers, Bryan Habana; Willem De Waal, Ricky Januarie; Duane Vermeulen, Francois Louw, Schalk Burger (capt); Anton van Zyl, Adriaan Fondse; Brok Harris, Deon Fourie, JD Moller. Replacements:...

Do-or-die desperadoes thirst for Cup.
October 29, 2010... Byline: ZEENA ISAACS Do-or-die desperadoes thirst for Cup Sharks' forwards and Province's backline will be the weapons for competition's top guns Rugby Correspondent THERE will be no shortage of confidence and hunger for success when the...

Trans Hex cuts output target for next year.
October 29, 2010... Byline: Alistair Anderson Trans Hex cuts output target for next year ALISTAIR ANDERSON Contributing Writer JSE-listed diamond miner Trans Hex suffered heavily from grade underperformance at its South African operations in the six months to...

Asia City offers lakeside shopping site.
October 29, 2010... Byline: Madden Cole Asia City offers lakeside shopping site AUCTION Alliance is set to take a landmark retail shopping centre with office space on Bruma Lake to auction this month. Asia City is one of a small number of Johannesburg retail...

Anglo stresses opposition to nationalisation.
October 29, 2010... Byline: Mark Allix Anglo stresses opposition to nationalisation CE says business needs stability to develop resources for people's benefit, writes JUDGING by the calm that prevailed, those in favour of nationalising mines were not in the...

Business Connexion in partnership with Limelight.
October 29, 2010... Byline: Thabiso Mochiko Business Connexion in partnership with Limelight THABISO MOCHIKO Information Technology Editor BUSINESS Connexion is diversifying into the media content industry through an exclusive partnership with US-based content...

Coal of Africa plans to resume Vele project soon.
October 29, 2010... Byline: Thabang Mokopanele Coal of Africa plans to resume Vele project soon THABANG MOKOPANELE COAL of Africa said yesterday that it expects to resume work on its Vele colliery project in SA this year, after delays due to opposition to the...

THE reason planes are so safe, even though the pilot and autopilot are fallible, is that both systems are constantly working to correct each other.
October 29, 2010... Byline: Michel Pireu StreetDogs Thinking about thinking can result in making better decisions THE reason planes are so safe, even though the pilot and autopilot are fallible, is that both systems are constantly working to correct each other....

Fountainhead malls 'prove resilient'.
October 29, 2010... Byline: Thabang Mokopanele Fountainhead malls 'prove resilient' THABANG MOKOPANELE Property Editor FOUNTAINHEAD Property Trust, a listed unit trust, yesterday posted a 4% rise in distributions per share to 54,08c for the year to September...

Output up at Gold One, more to come.
October 29, 2010... Byline: Edward West Output up at Gold One, more to come EDWARD WEST KwaZulu-Natal Editor GOLD One International, the junior miner listed in Johannesburg and Sydney, said yesterday production jumped 58% to 19470oz for the quarter to...

Plumbing losses force Hardware to close shops.
October 29, 2010... Byline: Sure Kamhunga Plumbing losses force Hardware to close shops SURE KAMHUNGA Financial Services Editor ALTX-listed building materials supplier Hardware Warehouse yesterday blamed an R8,73m loss in the year to June on the disastrous...

Icasa hails dismissal of satellite licence suit.
October 29, 2010... Byline: Chantelle Benjamin Icasa hails dismissal of satellite licence suit CHANTELLE BENJAMIN Media Editor THE South Gauteng High Court has dismissed a case brought by multimedia firm Black Earth Communications (BEC) over the Independent...

Measure of BEE fronting mooted.
October 29, 2010... Byline: Sanchia Temkin Measure of BEE fronting mooted SANCHIA TEMKIN Professional Services Editor INDICATORS that measure black economic empowerment (BEE) fronting should be introduced into law, both to accelerate the process of...

You report (October 26) that the new air force.
October 29, 2010... Byline: Janet Parker Flying in face of logic You report that the air force's new Gripen fighters may be mothballed indefinitely due to financial constraints (Funds pinch may ground SA's R10bn Gripen fleet, October 26). No doubt it is being...

The media: The Editorial Line vs the Bottom Line. In the recent months the established.
October 29, 2010... Byline: Janet Parker Need to rethink 'news' In recent months the established news media has been under attack from what, in Zulu military strategy, was termed the horns of the buffalo. The first attack came from the government in respect of...

Someone must call the Sunday Times into order. What they did is wrong. It is all lies.
October 29, 2010... Byline: Janet Parker Apology to Mugabe Someone must call the Sunday Times to order. What they did is wrong. It is all lies. The story about an affair between Zimbabwe's central bank governor Gideon Gono and the president's wife, Grace Mugabe,...

While I.
October 29, 2010... Byline: Janet Parker SA's own crime brulee While I'm riveted to TV watching the exploits of world-renowned chefs it's the Crime Brulee recipe that fascinates me most. When you're already stuffed to the gills after a three-course meal at one...

I applaud our government.
October 29, 2010... Byline: Janet Parker SA should lead in conservation I applaud our government's latest commitment to green energy as I generally do in respect of its environmental protection practices, as required by our constitution. However, SA is seriously...

In your his article (IFP heroine.
October 29, 2010... Byline: Janet Parker IFP denies statement In your article (IFP heroine's political fate already decided, October 26) you make a number of unsubstantiated and erroneous claims about the Inkatha Freedom Party (IFP). Referring to the IFP's...

MTN adds subscribers despite competition.
October 29, 2010... Byline: Thabiso Mochiko MTN adds subscribers despite competition THABISO MOCHIKO Information Technology Editor MTN Group grew its total subscriber base 4% to 134,47-million between July and last month, despite increased competition. The group...

Union wants to help bank save jobs.
October 29, 2010... Byline: Sure Kamhunga Union wants to help bank save jobs Sasbo says it may declare a dispute with Standard over retrenchments SURE KAMHUNGA Financial Services Editor LABOUR union Sasbo yesterday offered an olive branch in its fight with...

South African art on offer.
October 29, 2010... Byline: Madden Cole South African art on offer STRAUSS & Co's auction on Monday at the Country Club Johannesburg in Woodmead is set to showcase some of the most exciting examples of top South African art to come to auction. Among these...

FNB's cash-back lure to fuel card clients.
October 29, 2010... Byline: SURE KAMHUNGA FNB's cash-back lure to fuel card clients FIRST National Bank (FNB) has taken the battle for customers to another level after announcing plans to give back cash or redeemable points to customers using its cards to buy...

Tranquil Tanglewood Estate is up for sale.
October 29, 2010... Byline: Madden Cole Tranquil Tanglewood Estate is up for sale VAN's Auctioneers will sell an entire, fully serviced development known as Tanglewood Estate. The public auction takes place on site, on the banks of the Roodeplaat Dam on...

New auctioneer brings properties to the market.
October 29, 2010... Byline: Madden Cole New auctioneer brings properties to the market THE High St Auction Co's launch auction taking place on November 11 at Summer Place in Hyde Park will feature a range of commercial, industrial and retail properties around...

Antique furniture, artworks attract buyers.
October 29, 2010... Byline: Madden Cole Antique furniture, artworks attract buyers A VICTORIAN mahogany Dickens desk and a 19th century stinkwood Sandveld riempie bench were among the more interesting pieces offered at the Westgate Walding decorative and fine...

Striking a product balance.
October 29, 2010... Byline: PENNY HAW Striking a product balance SALES of house brands, private labels, corporate brands, no name brands or whatever your preferred term for a brand created in-house by a retailer is are growing significantly, but the quest to...

Major revamp to reposition range.
October 29, 2010... Byline: PENNY HAW Major revamp to reposition range Pick n Pay realised that customers were finding their corporate brand offering confusing, writes THE process of repositioning Pick n Pay's house brands that began in 2008 and took place over...

IN BRIEF - NO NAME BRANDS.
October 29, 2010... Byline: PENNY HAW IN BRIEF Study breaks new ground DIGGING DEEP The findings of a TNS Research Surveys study on South African household decision-makers' perceptions, motivations and behaviour regarding private labels will be released late...

Now Mr Price brings news of consumer cheer.
October 29, 2010... Byline: Dave Marrs THE BOTTOM LINE COLUMN Now Mr Price brings news of consumer cheer MR PRICE surprised the market yesterday with an upbeat trading statement, which confirmed consumer spending seems to be recovering, albeit slowly and despite...

A capital task for the reformed IMF.
October 29, 2010... A capital task for the reformed IMF THE Group of 20 (G-20) leading economies reached agreement on something dubbed historic this past weekend: a fundamental change to the structure of the International Monetary Fund (IMF). For developing...

Explaining the self-evident.
October 29, 2010... Explaining the self-evident SUCH are the sensitivities in alliance politics at present that the Treasury finds itself going out of its way to justify aspects of its medium-term budget policy statement that are really self-evident. Hence...

Comatose COPE's youth must lead its resurrection.
October 29, 2010... Byline: Palesa Morudu Opposition politics Comatose COPE's youth must lead its resurrection WHERE is the Congress of the People (COPE) headed? The men who, barely two years ago, had the courage to lead the walkout from the African National...

Argentina at a new crossroad as 'first man' dies.
October 29, 2010... Byline: TONY LEON Argentina at a new crossroad as 'first man' dies ON WEDNESDAY, the bustling, sprawling metropolis of Buenos Aires was a ghost town. Normally teeming streets and chaotic traffic jams had thinned out to resemble Bloemfontein...

Zuma's axe may not fall where it is most needed.
October 29, 2010... Byline: Anthony Butler Zuma's axe may not fall where it is most needed SPECULATION has recently mounted that President Jacob Zuma is on the verge of a major Cabinet reshuffle. Some political analysts argue that the nation's CE will not simply...

Put a stop to arbitrary, chaotic capital spending.
October 29, 2010... Byline: Itumeleng Mahabane Put a stop to arbitrary, chaotic capital spending 'While SA's public infrastructure investment is high as a percentage of GDP, our needs are higher' IT IS encouraging that the medium-term budget policy statement...

OUT: Former Gauteng health MEC for Health in Gauteng Brian Hlongwa.
October 29, 2010... Former Gauteng health MEC Brian Hlongwa, for authorising spending of R4m on a gate, now falling apart, at Sizwe Hospital in Joburg. Inside, sick patients suffer in poor conditions.

IN: Cosatu general secretary Zwelinzima Vavi.
October 29, 2010... Cosatu general secretary Zwelinzima Vavi. His statements at the Civil Society Conference, and the gathering itself, are signs that important actors are starting to imagine a different path for SA.

OUT: Former Argentinian football player and coach Diego Maradona.
October 29, 2010... Former Argentinian football player and coach Diego Maradona. Blaming Paul the Octopus for Argentina's early World Cup exit, and celebrating his death, is sadly typical. Talk about a bad sport.

Thinking about thinking can result in making better decisions.
October 29, 2010... Byline: Michel Pireu StreetDogs Thinking about thinking can result in making better decisions THE reason planes are so safe, even though the pilot and autopilot are fallible, is that both systems are constantly working to correct each other....

Flying in face of logic.
October 29, 2010... Byline: Geoff Harris Flying in face of logic You report that the air force's new Gripen fighters may be mothballed indefinitely due to financial constraints (Funds pinch may ground SA's R10bn Gripen fleet, October 26). No doubt it is being...

Need to rethink 'news'.
October 29, 2010... Byline: Steuart Pennington Need to rethink 'news' In recent months the established news media has been under attack from what, in Zulu military strategy, was termed the horns of the buffalo. The first attack came from the government in...

Apology to Mugabe.
October 29, 2010... Byline: Lucas Ntyintyane Apology to Mugabe Someone must call the Sunday Times to order. What they did is wrong. It is all lies. The story about an affair between Zimbabwe's central bank governor Gideon Gono and the president's wife, Grace...

SA's own crime brulee.
October 29, 2010... Byline: Mark Wade SA's own crime brulee While I'm riveted to TV watching the exploits of world-renowned chefs it's the Crime Brulee recipe that fascinates me most. When you're already stuffed to the gills after a three-course meal at one of...

SA should lead in conservation.
October 29, 2010... Byline: Brian Sandberg SA should lead in conservation I applaud our government's latest commitment to green energy as I generally do in respect of its environmental protection practices, as required by our constitution. However, SA is...

IFP denies statement.
October 29, 2010... Byline: Musa Zondi MP IFP denies statement In your article (IFP heroine's political fate already decided, October 26) you make a number of unsubstantiated and erroneous claims about the Inkatha Freedom Party (IFP). Referring to the IFP's...

Pickup gets a lifestyle injection.
October 28, 2010... Byline: Roger Houghton INTERNATIONAL NEWS Pickup gets a lifestyle injection was one of the first to see the new Mazda BT-50 prior to its official launch THE upcoming Mazda BT-50 one-ton pickup, which was unveiled at the recent Australian...