A post template

No image available
/ 12 June 2006

Federer looks to rebound on grass

Maybe what Roger Federer needs in order to beat Rafael Nadal is a change of scenery. Bring on the grass. The lawn tennis season begins this week — just the thing to put a little spring back in Federer’s step. He’ll start preparations for Wimbledon by playing in Germany this week after losing to Nadal in the French Open final.

No image available
/ 12 June 2006

Absa to boost ATMs, self-service kiosks

Banking group Absa plans to spend R80-million on the upgrade and expansion of its automated teller machines (ATMs) and network of kiosks in the current financial year to the end of December 2006. The expansion will comprise 350 new ATMs, 115 self-service kiosks (non-cash terminals) and 250 internet kiosks.

No image available
/ 12 June 2006

Mbeki pays tribute to Inkosi Bhambatha

Sounds of Zulu war dances and a military parade filled the air on Sunday as South Africans hailed a Zulu hero whose rebellion a century ago sowed the first seeds of black resistance. Soldiers and Zulu warriors, dressed in traditional leopard skins, joined thousands to commemorate the 100th anniversary of the Bhambatha rebellion, an event that had huge ramifications in South African history.

No image available
/ 12 June 2006

Bundled under the bed

A colleague recently calculated that if she had used bundled account pricing on her bank account she would have saved R3 500 in bank fees a year. That is a huge sum of money. A survey conducted by Pick ‘n Pay banking shows that, while most people feel their banking fees are too high, many have no idea what those fees are, writes Maya Fisher-French.

No image available
/ 12 June 2006

Banks feel the heat

The Competition Commission’s probe into bank fees is yet to be formalised, but already there are signs of major price cuts and new competitive winds beginning to blow in the sector. Nedbank, one of the Big Four, this weekend announces fee reductions averaging 13% across the board.

No image available
/ 12 June 2006

Cronin stumbles over the presidency

Jeremy Cronin’s article ("What kind of presidency," May 26) should kick off a real debate. I have always enjoyed reading Cronin and believe his views are sobering for a developmental state like South Africa. However, in this article, he stumbles. To blame South Africa’s problems on a powerfully managed presidency does not add up.

No image available
/ 12 June 2006

Bernanke lacks the Midas touch

The Dow Jones Industrial Average slid back below the 11 000 mark in early trading on Tuesday after falling nearly 200 points on Monday, as Ben Bernanke’s baptism of fire as chairperson of the United States Federal Reserve prompted a fresh bout of jitters on Wall Street.