Capetonians expressed dismay and disappointment this week after a man they watched fall from a 14-floor window struck the pavement — and died. Alfred Swan had been trying to water the flower boxes outside his office, when he slipped and fell.
No image available
/ 30 December 2004
Who are South Africa’s leaders of the future? The Mail & Guardian chose 20 hot under-40s, already making waves in a range of fields, to look out for. Our choices range from Tshilidzi Marwala, who was awarded the Bronze Order of Mapungubwe this year by President Thabo Mbeki, to Umgeni Water CEO Gugu Moloi.
No image available
/ 17 December 2004
For Kaizer Chiefs, the Coca-Cola Cup final on Saturday night is not just about R2-million, keeping the trophy after (hopefully) winning it for the third time, nor about putting to rest the ghosts of their nemesis, Supersport United. It is about restoring their status as cup kings.
No image available
/ 13 December 2004
South African cellphone giants Vodacom and MTN are not sitting ducks for takeovers by international players, says Merrill Lynch’s Meloy Horn. She shot down rumours that United Kingdom-based Vodafone, the world’s largest cellular phone operator, might take a controlling interest in its South African subsidiary, Vodacom.
No image available
/ 12 November 2004
Telkom has denied allegations that it embarked on a share buy-back programme early this year to artificially boost its share price and secure a cushioned exit for its strategic equity partner, Thintana. This week questions were asked in Parliament about Telkom ”ramping” its share price, following the spectacular surge in the utility’s share value over the year, and allegations in noseweekthat this had resulted from Telkom buying its own shares.
No image available
/ 29 October 2004
The pebble bed modular reactor, Eskom’s controversial nuclear electricity generation programme, has received a R500-million rescue package from the government after failing to attract a strategic foreign partner. According to the Department of Trade and Industry vote in the Medium-Term Budget Policy Statement, the amount was an unforeseen and unavoidable expenditure.
No image available
/ 15 October 2004
Reserve Bank Governor Tito Mboweni took the cautious option on Thursday, leaving the repo rate unchanged at 7,5%. The rates standstill prompted Chris Malikane, head of economic research at Pan African Advisory Service, to complain that the bank had missed an opportunity to "show it is concerned about unemployment".
The construction industry has set itself the task of drafting a black economic empowerment charter — amid sharp differences over ownership targets and skills development. Mike Wylie, co-chairperson of the charter work group, told the <i>Mail & Guardian</i> last week that the sector should not be trapped by a "fixation on ownership".
No image available
/ 24 September 2004
South Africa’s up-and-coming coal king is an amiable MBA graduate from the University of Massachusetts and is never really satisfied with himself, his company and the industry he operates in. Sipho Nkosi, CEO of Eyesizwe Coal, is passionate about creating a world-class company underpinned by profitability, without ignoring worker safety and transformation.
No image available
/ 15 September 2004
The South African mining industry’s latest empowerment player had an eventful debut last week, with a flashy launch at Johannesburg’s Park Hyatt hotel graced by Minister of Minerals and Energy Phumzile Mlambo-Ngcuka — and a blistering attack by the National Union of Mineworkers. Incwala Resources is a black-owned company that aims to evolve into a diversified resources player.