Online used-car dealer <i>Japan-partner.com</i> offers to ship vehicles from Nagoyao to Durban for $70 per cubic metre. "This means that car shipping cost of a Nissan Primera is 10,48 x 70 = $734," is the example in its FAQ. A Nissan Primera in stock costs $1 700, bringing the total cost to R15 251 at the current exchange rate.
The real test of a leader is not when to make a decision on turning north or south, but choosing which road will lead to one’s destination. For Ellen Johnson-Sirleaf, the new Liberian President, the dilemma is walking the road to reconciliation and economic recovery that may be barricaded by the indictment of Charles Taylor.
Shareholders in Illovo Sugar have never had it so sweet. The share price has doubled to more than R16 in recent months as a bidding war was declared between two European sugar producers eager to bag Africa’s largest sugar producer. European producers are looking for less-developed-country supplies ahead of deregulation of the European sugar market.
While we have made good progress in establishing and consolidating democratic institutions, building legal and judicial respect for the rights of all our people and enacting enabling legislation to give effect to key provisions of the Constitution, we have not yet fulfilled the Constitution’s mandate to give Parliament meaningful control of the national purse strings, writes Eddie Makue.
The International Scallywags’ Network (known as the ISN) has been dealt a relatively severe blow with the death of Slobodan Milosevic of a heart attack days before his sentencing at the International Criminal Court at The Hague in The Netherlands, and the arrest of Charles Taylor as he tried to flee into Cameroon from his luxurious exile retreat in southern Nigeria.
Black-owned diversified firm Mvelaphanda Group on Monday announced that the suspensive agreement by which Incwala Resources would acquire a 22,9% in mining group Mvelaphanda Resources had fallen through. The conditions included obtaining the consent of the Mvela board for the transfer of the management agreement to Incwala.
A great number of high-level financial services players are leaving the business world to pursue "personal interests". Over the past two years, we have seen Pete Backwell of Nedcor head off to become an avocado farmer, then Wendy Lucas Bull packed up, after heading FNB Retail for four years, to pursue altruistic causes, and last year Laurie Dippenaar, CE of FirstRand, decided he needed to slow down.
This seems to be the year of changing the guard in the life industry. Roddy Sparks’s resignation as MD of Old Mutual South Africa is the third in the life industry since late last year. As Sparks steps down, Paul Hanratty, head of Old Mutual’s retail business, prepares to take on the role as from July.
Still ashen-faced six days after escaping death, Dr Ali Faraj pulls his hair aside to display a scar above his left ear. One of Iraq’s top cardiologists, he was seeing a patient when a group of kidnappers wearing ski masks stormed into his Baghdad clinic, knocked his receptionist to the floor and when he emerged to investigate, ordered him to come with them.
Israelis convinced themselves this was to be the dull election, the one marked by a record low turnout and apathy. A people who complain they live in a land with too much history seemed in no mood to make some more. But make it they have. Last Tuesday they voted to reject once and for all the ideology that had dominated the state for more than three decades.