Last Thursday marked the end of an era at the Department of Trade and Industry. Alistair Ruiters, the department’s Director General, brought his five-year stint at the helm to an end. It also brought to a close his 11-year stay in the country’s economic engine room. The question of whether Ruiters was successful or not depends on who you ask and what the purpose of your inquiry is.
Trade union Solidarity said in a statement on Thursday that mining group Kumba Resources (KMB) had set a "bad example" due to the extent of the increase in the packages of its directors, while at the same time seeking to retrench workers. Solidarity proposed that the remuneration of company directors should be cut by between 30% and 50%.
A target of 30% black ownership has been set by South Africa’s information, communications and technology sector (ICT), according to a draft ICT sector empowerment charter released on Thursday. The charter steering committee said the charter is expected to be implemented in the second half of this year.
New research by South Africa’s Human Sciences Research Council (HSRC) suggests that negligent breastfeeding at public hospitals in the Free State province is placing infants at risk of HIV infection. Besides the obvious route of mother-to-child transmission, shared breastfeeding emerged as the single most important factor associated with child HIV infection.
Black economic empowerment (BEE) momentum continued unhindered in 2004, with the number of transactions increasing 29% to 244 from 189 the year before. BEE deal value increased from R42,2-billion in 2003 to R52,9-billion in 2004. In the last four years, BEE has surged, becoming the dominant feature on the mergers and acquisitions landscape in South Africa.
Three thousand more workers were served with retrenchment notices this week as the Congress of South African Trade Unions — Cosatu — suffered a double blow after government and business refused to accede to its demands aimed at stemming a "tidal wave" of job losses. This has raised fears that a crippling national strike is now inevitable.
For a number of decades, environmental learning has taken place as part of formal education in South Africa and many countries around the world. However, the introduction of environment as a focus for all teaching and learning processes within the Revised National Curriculum Statement has been a much-desired change in education.
What on earth were the hordes of South African observers doing in Zimbabwe? They certainly didn’t see the election we witnessed, if their reports are anything to go by. Living it up at the Meikles, no doubt, and probably shopping up a storm on their allowances. We should ask for our money back. It is true that there are none so blind as those who will not see, and the free and fair bill of health bestowed on the poll is a joke.
In South Africa, 9% of all teen deaths are suicides. In fact, only car accidents and homicide kill more young people between the ages of 15 and 24. Lourens Schlebusch of the Nelson Mandela School of Medicine in Durban is a world expert on suicide. Currently, he estimates there are at least 20 to 25 suicides per day in South Africa.
During the first open forum since the government announced the antiretroviral roll-out, health workers and officials shared their experiences.
It has already suffered a royal snub, planning gremlins and a last-minute postponement. Now, the British are being asked to bet on the next mishap to hit the wedding of Prince Charles and Camilla Parker Bowles. The cheeky offer from a firm of bookmakers came after the wedding was put back by a day to Saturday to avoid a clash with the funeral of the pope.
Greek landlords are demanding the withdrawal of a television advert campaign for bank mortgages, complaining they are being depicted as anti-social, racist, rude, or "simply pathetic". The campaign is aimed at luring renters to buy property instead.
Jeff Bezos has always taken the long view so, in 2001, when the analysts were panicking and traditional retailers were crowing about the dive in the Amazon share price from a high of $110 to $11, he was the first to point out that not only had the value of the shares increased tenfold since 1997, but the real growth was yet to come.
The concept of blogging, to me, is much like the debate over public art or graffiti: either it’s meaningless vandalism from no-hopers with an urge to scribble or paint over other people’s property, or it’s a valid form of creative expression, using public spaces as a canvas. I tend to go with the idea, generally, that it’s vandalism by no-hopers making visual pollution — unless there’s a political statement being made.
Yet another retrenchment shock is due to hit South Africa, this time at dairy giant Clover South Africa, according to trade union Solidarity. The union claimed that Clover plans to save approximately R100-million in personnel expenses this year.
A lactating woman in Myanmar has volunteered to breastfeed a pair of endangered Bengal tiger cubs recently born at a Yangon zoo and separated from their aggressive mother, <i>The Myanmar Times</i> reported.
A red-faced BBC apologised on Friday for requesting an interview with Bob Marley, the Jamaican reggae legend who died 24 years ago. BBC Three, one of the public broadcaster’s digital TV channels, sent an e-mail to the Bob Marley Foundation saying it wanted to do a documentary about his hit song "No Woman No Cry".
Shrek, a New Zealand sheep who won international fame a year ago with his substantial 27,5 kilogram fleece, has been left bleating in the background with the emergence of an even bigger woolly wonder. Fleece from Shrek 2 weighed 31kg and measured three metres in length when shorn over the weekend.
Transparency International and Transparency South Africa commissioned the Institute for Security Studies to put together the National Integrity Systems Country Study Report — South Africa 2005. The study’s value lies in the fact that it goes beyond measuring "perceptions" of corruption and provides an in-depth assessment of the various "pillars" of the South African National Integrity Systems.
The online advertising sector in South Africa posted impressive growth figures of 136,7% for 2004, making it one of the fastest-growing marketing mediums, according to figures released by the South African Online Publishers Association and Nielsen Media Research/AIS AdEx.
And so, with nothing particular in our minds except to travel away from the city for a few hours, we found ourselves on a dirt road on the edge of the Magaliesberg, the City of Gold dimly visible through the autumn haze behind our backs. We were looking for something — a quiet spot to retreat to, perhaps, in days to come. A fantasy of life far from the madding crowd. Yeah, right.
The South African economy is enjoying a boom of almost unprecedented proportions. Household spending is leading the way and firms are playing catch-up. The public sector is adding to what is now a highly inadequate structure of roads, ports and railways. But a local economist says South Africa must give business freedom from regulation, and perhaps weaken the rand.
South Africa’s petrol price for all grades will rise by 40c a litre from April 6, the Department of Minerals and Energy announced on Friday. This brings the price of a litre of petrol to a record R5,02 in Gauteng and R4,89 at the coast. The wholesale price of diesel 0,3% sulphur will rise by 56,4 cents per litre and that of diesel 0,05% sulphur by 65,4c per litre.
Until recently Mr Smith had a microscopic penis. As he browsed bookshops for biographies of Napoleon it cowered in the draperies of his underwear, an embryonic chipolata, a coy love-prawn. Mrs Smith tried to reassure him, but he was certain that the harpies at her depraved book-club gatherings talked of nothing else, crooking little fingers and revelling in his genetic betrayal.
The 2005 <i>BusinessMap</i>/<i>Business Report</i> Black Economic Empowerment (BEE) Awards were announced in Sandton on Thursday night, with the prestigious BEE deal of the year going to Grasslands Development Trust’s purchase of 100% of Grasslands Agriculture. The awards celebrate the top achievers in BEE.
Pope John Paul II has suffered septic shock and a heart attack, and his condition is "very serious", Vatican spokesperson Joaquin Navarro-Valls said on Friday. "Following a urinary-tract infection, septic shock and a cardiocirculatory collapse occurred," Navarro-Valls said in a statement. The pope received the last rites on Thursday evening after suffering the heart attack.
The Democratic Republic of Congo (DRC) has set up a quarantine zone along the frontier with Angola in response to fears that a recent outbreak of the deadly Marburg virus could spread across the 1 750km border. Congolese Health Minister Emile Bongeli said: "Though there are no signs of any cases in the DRC, we live with the threat of another outbreak, so we are taking precautions."
Moussa Tanoh used to import two shipments of new car parts in to Côte d’Ivoire every month but in 2004, he only managed two all year as a protracted political crisis deepened economic woes. "Nobody buys new anymore," said Tanoh, as he hauled himself up off the floor of his Mercedes spare parts shop. "Everybody goes to the black market and buys used or stolen car parts."
House prices in general are less affordable now than a few years ago as house prices have risen faster than remuneration, according to banking group Absa.
Fans of hit television drama series <i>24</i> can soon become agent Jack Bauer in a "brand-new day" of the show: a PlayStation2 game developed with the help of the <i>24</i>’s writers, musicians, stars and producers. The countdown has begun to the release of <i>24: The Game</i>.
The producer price index (PPI) rose by 1,2% in the 12 months to the end of February from a 1,4% increase for the 12 months to the end of January, Statistics South Africa said on Thursday. According to a survey of economists, the February PPI was expected to be the same as January’s 1,4% year-on-year (y/y) increase, with the range from 1,0% y/y to 1,7% y/y.
<img src="http://www.mg.co.za/ContentImages/199502/Zim_icon.GIF" align=left>The South African National Editors’ Forum (Sanef) expressed alarm on the eve of parliamentary elections in Zimbabwe that the country’s government "has failed to lift all restrictions on journalists and media, especially foreign media", adding that "these actions do not bode well for free and fair parliamentary elections".