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/ 24 November 2006
Tumi Makgetla reviews exhibitions in Gauteng as well as a glossy publication, reflecting the experiences of more than half the population.
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/ 20 November 2006
Tumi Makgetla attends the Soweto Wine and Brandy Festival, an event dedicated to honing the performative identity of a wine connoisseur.
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/ 17 November 2006
Maanda Manyatshe resigned from cellphone company MTN recently in a move intended to distance MTN from damaging allegations against the former MD. The allegations, which were first published in the <i>Mail & Guardian</i>, relate to Manyatshe’s days as Post Office CEO, when he is said to have improperly pushed through a contract to revamp post office branches worth R100-million.
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/ 17 November 2006
Tumi Makgetla looks at what local fashion says about women
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/ 9 November 2006
A number of South African firms refuse to employ skilled foreigners because of nightmarish immigration bureaucracy, say recruiting agents and immigration experts. This despite an immigration law that the department of home affairs amended last week to help firms combat the domestic skills shortage by employing skilled foreigners.
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/ 7 November 2006
There are over 1-million domestic workers, but very few have financial benefits that are common to formal jobs, such as pension funds and life cover. Yet domestic workers are usually an integral part of their employer’s life and there are many financial products which employers can use to take care of their domestic workers’ retirement and risk needs.
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/ 7 November 2006
Tumi Makgetla singles out the National Arts Festival highlights, including those moving on to other theatres.
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/ 4 November 2006
Finance Minister Trevor Manuel last week upped the government’s contribution to the pebble bed modular reactor (PBMR) to R9-billion, with a commitment to spend R6-billion over the next three years. The money keeps rolling into what was originally a R2-billion project — but whether it is a hugely expensive dud or a money-spinner will not be known for at least five years.
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/ 3 November 2006
Nobody knows the trouble landlords have seen, nobody but Hollard Insurance, this is. And in its wisdom, Hollard is lightening the landlords’ burden with a new policy to protect them against defaulting tenants. An estimated 1,2-million landlords in South Africa will be cheered to know that R35 a month plus 1% of the rent can now buy them peace of mind.
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/ 3 November 2006
The success of the Levi’s Rage for the Revolution concert pivoted on its ability to create a open environment, writes Tumi Makgetla.
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/ 30 October 2006
The dawn of a more equitable society is breaking, according to a United Nations Development Programme paper released this week that shows inequality in workers’ earnings has declined from 2000. But the light of the new dawn is having about as much effect as shining a torch into a black hole as the slight improvement in earnings inequality has done little to reduce high levels of unemployment and inequality.
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/ 30 October 2006
Audit reports for the past year indicate continued high levels of financial mismanagement and poor compliance with reporting procedures, Auditor General Shauket Fakie told members of Parliament recently. Compared with seven in the previous financial year, 11 departments received qualifications, meaning their reports were inadequate.
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/ 27 October 2006
First she was a play, now Miss KwaKwa comes to town in Stephen Simm’s debut novel. Tumi Makgetla examines the origins and aspirations of this wannabe celebrity.
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/ 20 October 2006
Oil has been such an economic bogeyman in recent times, hogging the headlines, that not noticed is as severe a threat — food inflation. Food staple maize has been trading internationally at record highs, driven by the world’s move to energy diversification to produce bio-fuels as an alternative to fossil fuels.
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/ 13 October 2006
The twelve-week long Shoprite Checkers strike that reportedly closed six stores across the country came to an end on Thursday after all-night negotiations. But this strike was just one of several months-long strikes this year in the service industry, a sector of the economy that is experiencing the strongest employment growth and the weakest labour relations.
Despite its strident objections to the lottery, Cosatu has emerged as one of the major shareholders in Gidani, the consortium recently awarded the licence to operate the national lottery. In 2003 Cosatu made a submission to Parliament objecting to the introduction of the National Gambling Bill, which established the lottery, saying it would have negative consequences on the quality of life of the most vulnerable.
Trade union federation Cosatu is sometimes described as a labour aristocracy, an island of privileged workers earning relatively high salaries surrounded by a sea of unemployed. Cosatu’s own figures appear to back this up: a survey for the union federation shows that its members earn a median R3 500 a month.
The World Bank ranks South Africa among the top 30 countries worldwide in terms of the ease of doing business, but it could boost its position up from 29 with just the "stroke of a pen", according to bank economist Caralee McLiesh. McLiesh is the programme manager of the bank’s Doing Business project, which investigates business regulation and the protection of property rights around the world.
South Africa has handed over a key trading weapon in its arsenal to China as part of the controversial agreement to get the country to agree to import quotas on a range of clothing items. China agreed to the quota deal, which covers 200 clothing products, in exchange for South Africa agreeing to give it the status of market economy in trade relations.
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/ 29 September 2006
Crime costs South African firms the same as it costs their counterparts in other middle-income countries, but South African businesses suffer greater direct losses as a result of crimes such as robbery and pay more for formal security, says Christopher Stone of Harvard University.
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/ 18 September 2006
The T-shirt tells the story of the South African clothing industry and the struggle to maintain local production against the wave of cheap imports from China. T-shirts rose from 1% to 7% of total textile and clothing imports from China between 1995 and last year, according to Quantec data.
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/ 16 September 2006
Membership of the Congress of South African Trade Unions (Cosatu) has stagnated since it ballooned to 1,8-million nearly a decade ago — and the federation is still wrestling with the consequences of that growth spurt. A survey has found Cosatu has failed to penetrate non-traditional sectors of the economy.
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/ 12 September 2006
It is well known that the South African economy is enjoying a period of sustained, albeit relatively modest, economic growth that is unprecedented in recent times.
But hidden beneath the glow is a sick manufacturing sector that is continuing to make a declining contribution to GDP.
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/ 8 September 2006
Apartheid law and order minister Adriaan Vlok this week shed new light on his involvement in the dirty war against activists in the 1980s — including signing pre-drafted letters thanking policemen for carrying out assassinations. In a wide-ranging, two-hour interview at the <i>Mail & Guardian</i>’s offices, Vlok also admitted using words like "eliminate" in motivating policemen to crack down on political troublemakers.
Black ownership is now concentrated in more than 20 significant empowerment groupings, including Mvelaphanda Holdings, Johnnic Holdings, Sekunjalo, Thebe Investments, Matodzi Resources, Worldwide African Investment Holdings, Safika and Shanduka.
A growing number of South African Jews think Israel should trade land for peace, a survey by the University of Cape Town’s Kaplan Centre for Jewish Studies and Research has shown. Sixty percent of local Jews surveyed in 2005, up from about 50% in 1998, said Israel should give up some land in exchange for a credible guarantee of peace.
Textile manufacturers Vlisco are branching out into fashion, writes Tumi Makgetla.
"There’s a lot of excitement and anticipation here; there’s a buzz," electoral observer Ilona Tip tells me on her cellphone from the Democratic Republic of Congo’s (DRC) capital, Kinshasa. "It reminds me of South Africa in 1994. The stakes are also fairly high and in the conflict since 1998, 3,5-million people have died."
The news on the inflation front may not be good, but there is no immediate reason for Reserve Bank Governor Tito Mboweni to activate his itchy trigger finger. Inflation is on the up and levels of indebtedness are at an all-time high, at least measured by one influential economic research body, but incomes have also been increasing.
Tumi Makgetla speaks to local fashion designer Jacques van der Watt about his spin-off label for Edgars.
Chad has signed a precedent-setting agreement with the World Bank that guarantees 70% of its oil revenues will be spent on poverty alleviation projects. Civil society hopes this will allow Chad to escape from the "paradox of plenty", common in oil-producing nations, in which the majority of the impoverished population does not benefit from oil wealth.
The South African government has condemned Israel’s disproportionate response, but has said it will not suspend diplomatic ties with that country. This week the <i>Mail & Guardian</i> sought perspectives on the Middle East from Iqbal Jassat, chairperson of the Media Review Network, and David Saks, acting national chairperson of the South African Jewish Board of Deputies.