United States beverages giant PepsiCo on Monday named company high-flier Indra Nooyi as its new boss, capping a rapid rise to the highest ranks of corporate America for the Indian-born woman. Nooyi will join an exclusive list of women CEOs heading top US companies.
The Democratic Alliance’s (DA) KwaZulu-Natal leader, Roger Burrows, will step down when the party holds its provincial congress on Saturday. ”I decided to step down to let a new party leader take over as we head towards 2009,” said Burrows on Monday night.
Israeli Prime Minister Ehud Olmert tried to repair his frayed standing as a war leader on Monday by claiming his troops had inflicted lasting damage on Hezbollah and would continue to pursue the militia’s leaders, despite a United Nations ceasefire. Meanwhile, Hezbollah leader Hassan Nasrallah claimed a ”strategic and historic victory”.
Comprehensive legislation that would prevent child criminals from mixing with adult offenders and provide rehabilitation alternatives remains unenacted nearly three years after its preparation. The Child Justice Bill has seemingly dropped off Parliament’s schedule, child-rights organisations say.
The South African government has no plans to change its policy of allowing the market to determine the level of the exchange rate, Deputy President Phumzile Mlambo-Ngcuka said on Monday. She said that currency volatility "tends to occur when inflows and outflows are large and one-way".
They are grabbing adspend and stealing readers. Do custom magazines pose a threat to the mainstream market? Kim Novick reports.
The early days of subscription-based mobile services left a bad taste in the mouth for some, but with clearer pricing and new targeted services they are quite delicious, says Greg Brophy of iTouch mobile content company.
The Press Ombudsman recently reprimanded the <i>Daily Voice</i> for its front-page pictures of the nude bodies of murdered actor Brett Goldin and fashion designer Richard Bloom. It begs the question: Are our tabloids getting trashier? Matebello Motloung asks their editors.
Access to credit has never been easier, with banks falling over themselves to provide credit to customers. But remember, next time you get a call from a bank to tell you about pre-approved credit, be sceptical. It may tell you that you can afford it, but only you know what you can afford to repay.
Congratulations to the Teacher on walking for 10 years now — this is a baby that grew up fast! We need papers like yours if education is to play the central role that it should in South Africa’s growth and development. You not only cast a critical eye on the shortcomings and problems in our schools and other institutions, but you stimulate a debate about what should be done.