South Africa have been installed as favourites to win the World Cup, but the squad is determined not to let this affect their performances. Neil Manthorp reports The belief that the World Cup can be won is tangible, especially after the 15-man squad get-together in Swellendam that was disguised as a “fun, bonding” weekend but […]
Chris Gordon This decade has seen a major drop in De Beers’s Central Selling Organisation (CSO) share of the diamond market, and there are questions as to whether the cartel can survive in its current form. The diamond giant now controls an ever-decreasing share of the world’s diamond output. The Southern African diamond industry, traditionally […]
and currents offshore The Mail & Guardian asked six financial institutions three questions about offshore investing. 1 Why should South Africans make offshore investments through local companies rather than going straight to the foreign investment manager? 2 What should the South African offshore investor be looking for when deciding who to invest with? 3 How […]
Howard Barrell The African National Congress has gained significant voter support in recent months, edging it closer to a two-thirds majority in elections in five weeks’ time. The ANC also looks set to control provincial legislatures or governments in eight of South Africa’s nine provinces – in all but the Western Cape. These are the […]
Mayday – the celebration of the eight-hour working day – was first celebrated in South Africa in 1904, by white workers. By the 1980s, it had become a major moment for black trade unionists, whose rallies included groundbreaking poetry and plays. These days, much of the Mayday fervour has been lost. And many South Africans, […]
A NEW epidemic of the Ebola virus has erupted in the east of the Democractic Republic of Congo (DRC), claiming 46 lives, Health Minister Mashako Mamba said on Friday. The epidemic is centered in an area in the rebel-controlled northeast of the country, near Sudan and Uganda, Mamba said over state radio, citing information provided […]
Shaun Harris Neil Thomas, a youngish manager with a large food company in Durban, survived last year’s crack in the stock market fairly well. His collection of unit trust investments actually gained a few percentage points growth over the calendar year – not bad seen against the Johannesburg Stock Exchange’s (JSE) overall decline. Now Thomas […]
Mathews Phosa’s political career may be at an end, but he won’t go down without a fight. Wally Mbhele and Makhosini Nkosi report As the African National Congress late this week announced its far-reaching findings on the political divisions behind the collapse of provincial structures in Mpumalanga, outgoing Premier Mathews Phosa came out blazing and […]
Bram Stevens South African equities put on a stunning performance in the first quarter of 1999, spurred by falling interest rates and bullish global markets, fund managers said this week. The key all share index gained 18,1% to end the quarter at 6 382,5, buoyed by sharp gains in the interest rate-sensitive retail and furniture […]
Matthew Krouse Down the tube If God is directing television broadcast programming, then He’s trying to tell us something about the past. Why else would the hipsters and swingsters of the Sixties and Seventies keep cropping up? Bell bottoms, stiff cupped bikinis, sideburns, big medallions and some very outdated morality has crept into the fuzz […]