Simon Segal reports that though fixed investment has slowed it will continue to underpin economic growth this year Growth in fixed investment slowed in the first quarter of this year. The slowdown in the growth rate of gross domestic fixed investment (GDFI) to 5,2 percent (annualised and seasonally adjusted) follows heady rises of 19,5 percent, […]
He made his money from fertilizer and he always seems to be putting his foot in it, but there are a couple of redeeming features to Louis Luyt, writes Jon Swift FOR many in this country, rugby lovers or not, there is something about Louis Luyt which evokes the twitches of a nasal nasty. But, […]
Gavin Du Venage Johannesburg’s R6,5-billion budget passed earlier this week held few shocks for rate payers. However, business has been hit with an increase that could be as high as 30 percent, most of which will go to fund a huge deficit as a result of unpaid township debts. The first unitary budget to be […]
Has-beens tbey may be, but FRED DE VRIES found it hard to remain cynical talking to John Lodge of The Moody WAY back in 1967, a five-piece band from Birmingham recorded that song, the song which would, in time, become as famous, as loved and as loathed as Stairway to Heaven or Hey Jude. Just […]
The life insurance industry’s policy of excluding HIV=20 carriers from assurance is short-sighted and=20 irrational, argues Ryan Goodman PAUL Truyens’ response to Cheryl Carolus’ criticism of=20 the life insurance industry’s policy on HIV and Aids,=20 (M&G June 15 to 22), cannot go unanswered. Truyens’ argument that the life assurance industry is=20 justified in excluding people […]
Justin Pearce and Jonathan Ancer Nico van Burick, acting editor of TV1’s Agenda, has=20 resigned with effect from next week — but seems likely=20 to stay on at the SABC for a further month. His resignation comes five months after the revelation=20 that he had been a commanding officer in the citizen=20 force propaganda unit […]
Now, following our dirty tricks revelations last week,=20 we begin the search for the wonderful, mystical line=20 that separates what former president FW de Klerk knew=20 from what he didn’t know. Judging by his seven-page=20 statement this week, he has a simple answer: everything=20 legal he knew about and will take responsibility for;=20 and everything […]
The Housewares Group has startled the investment community with its exceptional results, reports Jacques STORES-LISTED Housewares Group’s latest financial results took the investment community by complete surprise last week. While recent market focus lay in institutional and stockbrokers’ attempts at resurrecting investor interest in the 10-cent-a-share, debt-ridden W&A, little attention was directed at this company’s […]
The World Bank’s aid for the world’s poorest countries is under attack. Reg Rumney reports The International Development Association (IDA), the arm of the World Bank which provides almost free loans to the poorest countries in the world, could be in trouble. The IDA provides concessional loans — typically 40 years repayment, no interest, and […]
Gaye Davis THIS WEEK’S lightning-fast passage of a Bill allowing=20 for traditional leaders to be paid by central=20 government strikes at the heart of the Inkatha Freedom=20 Party’s political control over KwaZulu/Natal chiefs. The Remuneration of Traditional Leaders Bill was=20 whisked through the Senate and the National Assembly in=20 two days this week, with the […]