14 Aug 2012

Finance, Accounting & Banking

 



eNews goes international

eNews has been a success story on the South African TV front and has shown the way in providing news to its audience. Now it's spreading its wings and going international. It will launch on the SKY digital satellite platform in the United Kingdom. Group head of news, Patrick Conroy, says "This will give us access to over 10 million homes in the UK. What is really significant though is that we will have access to the South African expat community. If they want news from home it's just a click away."

Moeletsi Mbeki, brother to former president Thabo Mbeki, is one of the most respected political economists and commentators in SA, and he says that inequality and unemployment are holding SA back. He says: "One of the fundamental problems of SA is that you have a separation between the people who hold political power and the people who hold economic power," adding, "If there was a more unified ruling class in SA you would have more certainty."

Cadre deployment by the government has sometimes been a contentious issue. Now Karen Heese and Kevin Allan examine the high delivery cost of deploying cadres.

Our own Sindy Peters took time out to do something great for the environment and she ended up getting dirt under her fingernails planting trees in Zambia, where, she says "me became we". Sindy also achieved a career goal - turning over a new leaf, at last she was (pardon the puns) a branch manager (if only for three weeks).

Finally, on the motoring front, our motoring editor, Henrie Geyser says the new Mercedes B-Class is first class - just like the man himself (our words, not his).

Rod Baker, content director

Submit your company news to financenews@bizcommunity.com. Exclusive contributions may be sent to contributors-finance@bizcommunity.com.

Top stories


Editorial news

Finance, Accounting & Banking


Meeting the FATCA data challenge
The Foreign Account Tax Compliance Act (FATCA) is a piece of United States (US) legislation that aims to crack down on tax evasion by US citizens and US companies that invest outside the country. This legislation will extend the reach of the US Internal Revenue Service (IRS), as it compels non-US financial institutions either to comply or face financial penalties. Read more >>

Trustco awarded Namibian dollar currency ratings
Trustco Group Holdings Limited has been awarded initial Namibian dollar currency long and short term ratings of BBB- and A3 with a stable outlook. Global Credit Rating Co (GCR) awarded the ratings which signify satisfactory liquidity and adequate protection factors. Read more >>

TNM posts lower profits than last year
[Gregory Gondwe: @Kalipochi] Telekom Networks Malawi Limited (TNM), a mobile phone service provider, has signposted what to expect in its financial report this year - which brings poor results the company has registered in the period of six months to June 2012. Read more >>

Accounting and Auditing


R99bn report baffles department
The defence department is baffled by a media report which claims that R99bn has been secretly spent since 1994 through the Defence Special Account. Read more >>

Finance, Accounting and Banking


Tariff guides for dentists, doctors issued
Cape Town - The Health Professions Council of SA (HPCSA) has published tariff guidelines for doctors and dentists, a move it says will give patients a better idea of the bills they can expect and protect them from being overcharged. Read more >>

Financial Services


Government must intervene in health care costs
South Africans are paying up to five times more than other nations when it comes to the cost of health care. This is the opinion of Dr. Anban Pillay, deputy director in the Department of Health. Read more >>

Nedbank Capital provides facility to Transnet
Nedbank Capital has acted as mandated lead arranger and sole lender for a 10-year R863 million fixed rate loan facility to transport parastatal Transnet SOC Ltd. Read more >>

Investment Banking


Inequality, unemployment 'hold SA back'
SA's inability to tackle inequality and unemployment, rather than uncertainty over economic policy, is seen by some as the underlying obstacle to the kind of investment needed to drive growth and job creation. Read more >>

Property Management


Home sellers must avoid dropdown strategy
Sellers who persist in adopting the dropdown strategy - inflating the asking price and then negotiating down to the price actually desired - may just as well put a 'Not for Sale' sign on the pavement. Read more >>


International
Japan's Sharp running out of options: analysts
TOKYO, JAPAN: Japan's Sharp Corp. is fast running out of options to repair its disintegrating balance sheet, analysts say, raising fears about its viability as investors bolt for the exit. Read more >>

SABLE Accelerator launched to tap SA brainpower
PALO ALTO, US: South Africa's untapped brains trust and knowledge network of expatriate assets around the world will soon be activated to help the country be more competitive in realising a better return on innovation and entrepreneurship across both the private and public sectors. Read more >>

More International...


People on the move
  • FPI announces the appointment of new board members - more info


Jobs offered
Copywriter - Southern Suburbs - Cape
Read more >>

Financial Accountant - Johannesburg - North
Read more >>


Click here to customise your jobs section


New events to diarise

Click here to customise your events section


All industry news

Marketing & Media


Medical


Retail


Government


Mining


CSI & Sustainability


Agriculture, Horticulture & Forestry


Arts & Entertainment


Building & Construction


Environment & Conservation


Human Resources & Recruitment


Legal


Manufacturing


Property & Real Estate


Education & Training


Tourism, Travel & Hospitality


Engineering


IT & Telecommunications


Fishing & Maritime


Fashion & Textile


Sport & Leisure


Military


Logistics


Science & Technology


Health & Beauty


Lifestyle


Automotive



Print - Print any item in this newsletter.
Email - Email any item in this newsletter.
Comment - Comment on any item in this newsletter.


Today's weather

Cpt

13°C
11°C
Jhb

21°C
PE

27°C
6°C
Dur

27°C
8°C
Bloem

24°C

Click here to customise weather


New people on biz

gakiema colbie
teamleader at standa
remona govender
Account Assistant at SEWS-SA
Neeran Mothilall
Estimator at Uniprint Label Division
Ricki Chapman
Personal Assistant / Secretary
peter katembula
FINACIAL ADVISOR at madison asset management company

Portals

  • Marketing & Media | South Africa
  • Marketing & Media | Africa
  • Agriculture
  • Arts
  • Automotive
  • Conservation
  • Education
  • Finance
  • Government
  • Health & Beauty
  • Human Resources
  • IT & Telecommunications
  • Legal
  • Lifestyle
  • Logistics
  • Manufacturing
  • Maritime
  • Medical
  • Property
  • Retail
  • Science & Technology
  • Tourism & Hospitality


  • Follow us

    PRESS RELEASES: Distribute your news professionally to Finance, Accounting & Banking subscribers and website readers. Press office info.

    EDITORIAL: We welcome your news, views or discussion topics: please send these to financenews@bizcommunity.com

    ADVERTISING: We welcome your sales enquiries: sales@bizcommunity.com, Advertising rates.
    Cape Town: (021) 680 3500, 24 On Main, Main Street, Rosebank, Cape Town, 7700, South Africa
    Johannesburg: (011) 612 3003, Sutton Square, The Business Centre, 8 Gemsbok Rd, cnr 12th Ave, Rivonia, Gauteng

    Invite your friends, colleagues, suppliers, customers and partners to subscribe.


    Copyright © 2012 Bizcommunity.com. All rights reserved. Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein.
    Unsubscribe, Manage subscriptions. Subscribe. Change email address. Change frequency to DAILY.