Timothy Wood American notes Stocks have likely seen their lows for the year and are showing value again. That’s the view of Morgan Stanley as it tracks the fastest money supply growth in 20 years even faster than the artificial increase engineered for Y2K. The research is startling because it was taken for granted that […]
Barry Streek The government has allocated R40-million to build sport facilities in disadvantaged communities, Minister of Sport and Recreation Ngconde Balfour announced in Parliament this week. This amount, Balfour says, will treble over the next three years. The programme will target all provinces and use labour-intensive methods that will create employment. According to the Department […]
We note that after the Press Ombudsman conveyed my complaint to the Mail & Guardian, the M&G afforded me an opportunity to answer an article in the M&G of April 26 to May 3 2001 under the heading: “Bogoshi still not charged after 10- year fraud investigation”. Before I lodged my complaint with the Press […]
Barry Streek The government this week promised immediate and tough action to promote greater and quicker integration of South African schools. Minister of Education Kader Asmal said the government would, in particular, enforce its “language in education” policy to accelerate integration and it would be examining the composition of teaching bodies. After seven years of […]
Presidents Thabo Mbeki and Robert Mugabe stay in regular contact, but the government is also strengthening ties with Zimbabwe’s opposition Jaspreet Kindra The African National Congress has adopted a more benevolent attitude towards Zimbabwe’s opposition party, the Movement for Democratic Change (MDC). MDC secretary general Welshman Ncube told the Mail & Guardian this week that […]
Over a cup of tea Stephen Gray looks back at the highlights of this year’s Cedarberg Festival They came from five towns. They came from the mission station in the mountains. They came in 4x4s packed with labourers. They came in decorated donkey-carts to the Cedarberg Festival in the Western Cape’s Clanwilliam. Say the name […]
Nawaal Deane An elite group of black medical professionals stands to gain from the Road Accident Fund’s aggressive new positive discrimination policy. A list dispatched from the fund to some law firms lists black professionals who are to be contracted as part of the fund’s new policy, which has been in place since April. The […]
Bryan Rostron If it’s true that the current election in the United Kingdom is all about style over substance (that is, spin), I should immediately declare an interest (two, actually). For several years I was a colleague of Labour’s powerful prime ministerial spin doctor, Alastair Campbell; then, during a right-wing coup at the mass-circulation Daily […]
Bruce Whitfield Absa’s main focus in the year ahead is to lower its costs and become a more efficiently run business. It has a cost to income ratio of 63%, substantially higher than its retail banking competitors, and CEO Nallie Bosman admits it is “totally unacceptable”. It’s appointed a task team, headed by a former […]
Many of the residents of the Joe Slovo informal settlement do not have a regular source of income, writes Vongani Fungene The 2 000-strong Joe Slovo informal settlement sticks out like a sore thumb, nestled adjascent to modest suburbs such as Westdene, Crosby and Westbury. Smoke billows from the more than 1000 tin shacks, catching […]