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/ 9 September 2005
The draft empowerment charter for the construction sector will be sent to Public Works Minister Stella Sicgau next week with higher equity targets than other charters, according to James Ngcobo, steering committee chairperson of the charter working group.
Pension Funds Adjudicator Vuyani Ngalwana’s proposal to have hidden pension charges declared illegal can be achieved with registrar’s recommendation and minister’s consent, the <i>Mail & Guardian</i> has established. "The registrar and the minister have the power under the provisions to declare such practices undesirable," Ngalwana’s deputy, Naleen Jeram, told the <i>M&G</i>.
Mining group BHP Billiton’s financial results this week were in line with market expectations, but the dividends were disappointing, one analyst said. The Johannesburg-based analyst, who refused to be named, said while the earnings of the world’s largest diversified resources group were "broadly" as the markets had expected, no special dividends were paid.
Journalists often take on managerial responsibilities in newsrooms and studios but few have the appropriate skills or experience. In response, a new MA course has been introduced at Wits.