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Finance & Insurance

Media to cover Malema trial

First they couldn't, now they can - the media that is... can cover Malema's trial. However, you will need to wait for that to occur, because, according to eNCA, Malema's day in court has been set down for about a year from now... from 30 September to 31 October 2014.

Good news for the recruitment industry is the announcement of the Times Media Recruitment Awards winners. The awards ceremony was held on Saturday, 16 November 2013, at The Maslow Hotel in Sandton honouring SA's top recruitment professionals.

Still on the awards theme, SA's sports stars glittered at the 2013 South African Sports Awards on Sunday evening. And the winner? No, not human torpedo Chad Le Clos, cricketer Hashim Amla, wheelchair tennis player Lucas Sithole or athlete Mapaseka Makhanya, but Itumeleng Khune, Kaizer Chiefs and Bafana Bafana captain.

Finally, since we hold our environment and its resources in trust for future generations, it makes sense to make sure those who come after us can enjoy what SA's environment has to offer. But it costs money... a lot of money. That's why Eden to Addo needs financial support. The Eden to Addo Corridor Initiative has received a promise of R8m in government funding, if the project itself raises R500,000 before the end of 2013.

Out with those wallets!

Rod Baker, Content Director

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Weekly top stories
ATM withdrawals show slight increase
The average value of cash withdrawals showed a slight increase in ATM withdrawal levels for October 2013 and illustrates that consumers are bracing themselves for the upcoming festive season. Read more >>


Finance
Festive season boost expected for Western Cape economy
The festive season is just around the corner - and, along with the crowds of tourists, it is expected to bring the Western Cape economy an annual boost in the form of tourism spend and job creation. Read more >>

Actuarial & Insurance
'Dinosaur' Lewis set for insurance shock

Malcolm Rees

Lewis, the JSE-listed furniture retailer may be set to lose more than R100m a year in profit after severely overcharging its low-income consumers for credit life insurance. Read more >>

South Africans are under-insured for death‚ disability

Gillian Jones

South Africans are‚ on average‚ under-insured for death and disability‚ while even the highest income earners have the most inadequate cover‚ insurance experts say. Read more >>

Accounting & Auditing
Securing reliable finance for SMMEs
Having a reliable source of finance is a critical aspect of any business' continuity - even more so when one is operating a small, medium or micro enterprise (SMME). Read more >>

Financial Services
Will you be my agent?

Tanya Lochner

We all know the basics on wills - why they are important, who should draft them and what can happen when you don't have one... but what actually happens when the estate has to be administered? Read more >>

Markets & Investment
Telkom's R6m loan to Schindehutte

Thabiso Mochiko

Telkom provided a R6m loan to it chief financial officer Jacques Schindehütte to buy shares in the company‚ it said on Monday (18 November). Read more >>

Sun International 'gambling' on Panama

Mark Allix

Sun International (SUI) has received approval to operate a casino in Panama‚ triggering the purchase of three floors of the 70-story mixed-use Trump Ocean Club International Hotel and Tower on a freehold basis for US$45.5m. Read more >>

Ghana offers lucrative business opportunities
Ghana is one of the fastest growing economies in Africa and considered a lucrative place to do business. This was emphasised at the Nedbank-NEPAD Business Forum which highlighted the economic trajectory and investment opportunities for the private sector in this west African country. Read more >>

Distribution from Arrowhead Properties up 12.36%
Arrowhead Properties has reported a total distribution of 113.01c per combined A and B unit for the year to September‚ representing 12.36% growth over the 100.58c per unit for the previous year. Read more >>

Investing 'silly season' gains for future flat conditions

Theunis Fourie

Despite the reduction in disposable income, South Africans continue to splash their bonuses on family during the 'silly season', and retailers should take advantage by investing funds against the 'flat' spots in 2014. Read more >>

Mr Price's earnings up 22% to 283.6c
Retailer Mr Price Group reported a 22% rise in diluted headline earnings per share from 232.5c a share last year to 283.6c for the first six months of this year. Read more >>

Avios Credit Card activates loyalty via a Z-CARD

Issued by Mortimer Harvey

Mortimer Harvey has selected a credit card-sized Z-CARD on behalf of its client, Absa Card, as an identical paper replica of the Avios Credit Card to target potential Avios Credit Card holders during select shopping centre activations. Read more >>

Taxation & Regulation
Sacci warns carbon tax must not hurt economy

Amanda Visser

The South African Chamber of Commerce and Industry (Sacci) is in favour of reducing carbon emissions even through taxation, but warns this has to be done in a sustainable way that will not harm the economy and cause unnecessary job losses. Read more >>

Outa welcomes new toll attack
The Opposition to Urban Tolling Alliance (Outa) has welcomed a new legal offensive against e-tolling by two political parties. Read more >>


International

Five arrested in US$45m 'cyber heist'
NEW YORK CITY, USA: - Five people were arrested on Monday (18 November) following a global "cyber heist" in which hackers stole US$45m by overriding the cash withdrawal limits of prepaid debit cards, US officials said. Read more >>

Vivendi third quarter net profit falls 24% to €376m
PARIS, FRANCE: French media and telecommunications group Vivendi said its third quarter net profit fell 23.7% to €376m but confirmed its annual targets. Read more >>

China Singles Day sees shoppers spend US$5.7bn
BEIJING, CHINA: Chinese shoppers spent a record 35bn yuan (US$5.7bn) at the country's biggest online marketplaces on Singles Day, their operator said on Tuesday (12 November), after the festival created by e-retailers to persuade the loveless to console themselves with some retail therapy. Read more >>

Google, KKR to invest US$400m on solar projects
Vodafone's after tax earnings of £17.95bn

More International


Government

Public servants are SA's engine says Sisulu
Workers in the public service sector are the engine South Africa runs on, Public Service Minister Lindiwe Sisulu said. Read more >>

MCEP approves 436 entities‚ helps to sustain 116‚497 jobs
The government's programme to enhance the competitiveness of manufacturing had approved 436 entities with the investment value of R13bn and helped to sustain 116‚497 jobs since its inception in May last year‚ said Trade and Industry Minister Rob Davies. Read more >>


More Government news


People on the move

  • FPI Centre for Professional Development appoints new GM - more info

More people  Submit a Person


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New events to diarise

Nedbank Office Launch
Bandwidth Barn - 19 Nov 2013 to 20 Nov 2013 Cape Town

PricewaterCoopers General Information Session
The Barn - 19 Nov 2013 Cape Town


Upcoming events

SMEs Banking Conference
Mogorosi Communications Consultancy - 19 Nov 2013 to 20 Nov 2013 Boksburg

Chief Audit Executive's Breakfast
THE INSTITUTE OF INTERNAL AUDITORS - 19 Nov 2013 Sandton

Nedbank Office Launch
Bandwidth Barn - 19 Nov 2013 to 20 Nov 2013 Cape Town

PricewaterCoopers General Information Session
The Barn - 19 Nov 2013 Cape Town

SAICA Executive Leaders in Finance Summit
South African Institute of Chartered Accountants - 20 Nov 2013 to 21 Nov 2013 Johannesburg

UCT Basics of Financial Management course
GetSmarter - 25 Nov 2013 to 17 Feb 2014 Countrywide


All industry news


Marketing & Media
Imposing one story on Africa is doing it a disservice

Anton Harber

The YouTube opportunity in Africa

Ilse van den Berg

Hayden Braddock new CEO of Tourism Radio
Advertising awards: Not the only barometer of campaign success

Carl Louw

Billboard proves size matters
Times Media finalises I-Net Bridge sale

Medical
Diabetes will be the seventh leading cause of death by 2030
Highlighting health risks of the chiskop haircut
Red tape holding up Litha's vaccine facility

Tamar Kahn


Retail
New search site for printed inserts
Massmart 46-wk sales up 8.3% to R59.7bn
Centralising parking controls reduces costs
Planning CSI strategy

Marcel Strauss

Swarovski selects first South Africa brand ambassador

Mining
Barloworld earnings up 26% in tough conditions

Mark Allix

ArcelorMittal SA climbs to highest levels since Sept 2012
State oil company appoints woman CFO

CSI
Corporate SA's responsibility to break the cycle of poverty
Silveray raises funds for Reach For A Dream
Ford donates Ranger Wildtrak to MR2G

Agriculture
SA hosts convention of tunas meeting
Zeder deepens roots in Zambia with US$27.5m acquisition

Marc Hasenfuss

Farmers in bid to block R2.5bn Afgri sale

Shannon Sherry


Arts
Wildebeats and The Brother Moves On win #FutureMusic Rising SA
The NEF invests towards Mandela: Long Walk to Freedom

Building
ArchitectureZA celebrates South African design
Construction industry benefits from Baywest Mall
Alert Steel launches graduate partnership

Environment
Samsung receives global ISO certification
Eden to Addo needs financial support
DHL, Panthera partner to protect leopard

HR & Recruitment
SEA Africa hosts youth entrepreneurship workshop
Equity quotas Verwoerdian says Zille

Emsie Ferreira

Business Partners selects this year's entrepreneurial winner

Legal
Court hears closing arguments in Vodacom case

Franny Rabkin

Clerical Acts and administrative action

Deshni Naidoo


Manufacturing
No halt to job losses in manufacturing

Property
Dubai real estate continues upward trend

Shehryar Qureshi

Lifestyle legacies
Considering a career in real estate?

Education
Edublox West Rand wins Gold at ROCCI Business Awards
Wits recognised for graduate employability and wealth
Matrics: Keep focusing until the desks are packed up

Tourism
Cape Point launches Countdown to Summer campaign
Protea Hotel Kampala named Best Luxury City Hotel in Africa
Kulula offers prepaid seating benefit

ICT
Third-party apps serve up danger
Cyber-criminal activity in Africa is a reality
What's new in security features of KitKat?

Maritime
Marine Bulk Carriers orders second AHTS vessel
Walvis Bay aims to triple capacity

Sport
FIFA not to recognise Moroccan FA elections
SA team wins ACTS International Jockeys Challenge
SA's sports stars glitter at awards

Logistics
Leave your car at home to experience Cape Town CBD

Science
mapIT announces interactive map for cycle challenge
Satellites to probe Earth's strange shield

Lifestyle
Full line-up for the 2014 Up the Creek Festival announced
Eminem to debut in SA
Lights, camera, action!

Eugene Yiga


Automotive
September motor trade sales up says Stats SA
Guidelines to avoid road accidents

Henrie Geyser: motoring editor

Get a chauffeur, says Europcar's COO
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