There are some people who might be forgiven for having a sense of schadenfreude at the news that while Telkom is appealing against the fine it got for uncompetitive behaviour, the Competition Commission is also appealing -
for a heftier fine. For years South Africans from all walks of life have bemoaned Telkom's high charges. Organisations need to know that when people reckon they are being ripped off, there can be consequences.
Good news for Denel is that a
new agreement strengthens Denel Aerostructures' role in A400M manufacturing. It's hoped that the development will contribute significantly to the financial turnaround of the South African company and confirm its position as a top-tier supplier on the world's most advanced military airlifter.
There's more to climate change than just higher food prices... Robbie Louw writes that recent research, conducted in Cambridge, Massachusetts,
links the social unrest that plagued the world during 2008/9 and 2011 to high world food prices. The research linked 28 events of social unrest in 22 countries, in which more than 12,000 people died, to the food price index exceeding a critical level.
In the wake of the Woolies saga, the government has plans to strengthen the
employment equity law.
Finally, from a man who himself epitomises French flair and panache, our tame motoring editor, Henrie Geyser reckons that the new Renault Fluence literally
oozes French flair.
Rod Baker, content director
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Global Credit Ratings (GCR) has affirmed its rating on the claims paying ability of Absa Insurance at AAA with a stable rating outlook. According to GCR, the rating reflects the benefit of the wider group's underlying client base, which provides Absa Insurance with a sizeable captive revenue stream. This is augmented by an extensive distribution force and strong franchise value. 
Card processor and electronic payments solutions provider, Paynet Group, has announced that its issuing facility for EMV Chip Cards should be ready for launch by early November this year and not in 2013 as expected. This means that adoption of antifraud card technology by banks in the region is imminent. 
Real gross domestic expenditure accelerated to 4.7% in the second quarter from 4.3% in the first quarter of 2012, said the Reserve Bank. 
Kutana Investment Group, a black women-owned venture company has made an undisclosed investment in Johnson Controls Global WorkPlace Solutions South Africa, a leading provider of facilities, commercial real estate and energy management to many of the world's multi-national companies. 
LONDON, UK: Research from leading independent digital marketing agency, Greenlight, shows Google's car insurance comparison site is already making its presence felt online. *Andreas Pouros, chief operating officer at Greenlight, comments: 
