Have you paid tribute to Madiba yet?
Well, here's your chance to pay tribute to the memory of the statesman who contributed so much to this country. But don't mourn... Rather
celebrate Madiba's life... (After all, it's what he would have wanted, don't you think?)
And now for something completely different...
Honestly now - that Nkandla media leak... Who would you believe? Nelson Mandela donated a large chunk of his salary as president of SA to charity; only a few million was spent on his home and security. And then we have Nkandla and what the Public Protector Thuli Madonsela has found; in short that we, the taxpayers, have been ripped off... Enough said?
On the education front, Basic Education Minister Angie Motshekga has released the
Annual National Assessment (ANA) results, which show that our education system is nothing to be proud of.
Finally, the festive season is approaching and, while the decent among us are filled with goodwill to all, there are scum-suckers out there who are the dregs of society and will be out to relieve you of your hard-earned cash, among other things. So... here's how to
stay cyber-safe this holiday season.
For those of you starting your end-of-year break this Friday, take care, drive carefully and remember... everything in moderation.
Rod Baker, Content Director
Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your industry-specific news and event invitations to financenews@bizcommunity.com, exclusive opinion pieces to contributors-finance@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news". | |
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 | Business rescue initiatives in South Africa have worked well where the directors have understood the provisions of the New Companies Act and applied for business rescue in good time. Unfortunately, in many instances business rescue has been used as an alternative to liquidation, and the process has been chosen as a last resort when the company is unsalvageable. Read more >>
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 | The Sanlam Awards for Excellence in Financial Journalism, which have opened for entries, have grouped next year's awards into platform neutral, platform specific and special awards. Read more >>
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 | John French The annual office year-end party is usually where some of the craziest communication of the year takes place. Colleagues are usually beyond drained and exhausted at this time of the year and yet over-jubilant and excited at the same time. Read more >>
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 | Brendan Accounting and business services firm Deloitte has launched a stinging attack on the competence of mining company management in its report on Global Trends for the Mining Industry in 2014. Read more >>
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 | The Knysna municipality in the Western Cape has received a clean audit, municipal manager Lauren Waring said. Read more >>
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 | Linda Ensor Cabinet has approved measures that it said were aimed at assisting over-indebted households and strengthening their financial stability. Read more >>
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 | Ntsakisi Maswanganyi Almost half of South Africa's 20.29m credit-active consumers are struggling to meet their debt repayments‚ National Credit Regulator (NCR) figures showed‚ reflecting the negative effect of high debt levels and a rising cost of living. Read more >>
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 | Amanda Visser The Protection of Personal Information (POPI) Act was signed into law by President Jacob Zuma last week and once the commencement date is proclaimed‚ companies will have a year to become fully compliant with the Act or face criminal sanctions and civil damages. Read more >>
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 | NEW YORK CITY, US: USA leads with 61 Shortlisted entries, followed by South Africa, Turkey, and Australia. Read more >>
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 | Arrowhead Properties has bought a property letting enterprise and its related immovable properties at 55‚ 57 and 59 Glover Road‚ in Honeydew from Standard Bank for R150m. Read more >>
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 | Liberty Group has sold 52.3 million Synergy B- linked units, representing a 34% interest in Synergy Income Fund, to Vukile Property Fund boosting its investment exposure to retail property and the Western Cape region. Read more >>
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 | Credit ratings agency Moody's has confirmed the South African National Roads Agency Limited's (Sanral) issuer ratings of Baa3/P-3 (global scale‚ local and foreign currency) and of A3.za (South African national scale) as well as the short-term issuer rating of P-2.za was affirmed. At the same time‚ Moody´s assigned a negative outlook. Read more >>
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 | Spaza shops in the townships are more expensive than shops owned by foreigners and large retail shops, the National African Federated Chamber of Commerce and Industry (Nafcoc) said on Thursday (5 December). Read more >>
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 | Evraz Highveld Steel and Vanadium (EHS) has narrowed its headline loss to R222m for the nine month period to September. The company lost R721m in the same period last year. Read more >>
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 | Nicky Smith Passenger numbers on the Gautrain rose almost 10% in the first week of tolling on some of Gauteng's highways, as many commuters chose to leave their cars at home and use public transport instead. Tolling on Gauteng's highways began on Tuesday last week. Read more >>
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 | Amanda Visser The second leg of the Nestlé SA and Pfizer Nutrition transaction - the divestiture of the infant milk formula business of Pfizer Nutrition in SA to Aspen Nutritionals - is set to be heard before the Competition Tribunal from today, 9 December 2013. Read more >>
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 | Tax incentives are being introduced for businesses that can show measurable energy savings, the energy department has announced. Read more >>
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 | The City of Johannesburg can continue to advertise itself as a "world class African city", following a ruling by the Advertising Standards Authority this week. Read more >>
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 | CARACAS, VENEZUELA: The Caracas government has announced that the French car company PSA Peugeot Citroen will assemble vehicles in Venezuela from the end of next year. Read more >>
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 | LONDON, UK: At least eight leading US-based technology companies have called on Washington to overhaul its surveillance laws following revelations of online eavesdropping by fugitive US intelligence whistle-blower Edward Snowden. Read more >>
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 | LONDON, UK: The head of Royal Bank of Scotland admitted on Tuesday (3 December) that it had failed to invest in its information technology systems for decades, after a glitch left customers of the state-rescued bank unable to access cash for three hours. Read more >>
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More International
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 | Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December). Read more >>
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More Africa
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 | Linda Ensor The road leading to the Nkandla village where President Jacob Zuma has his residence cost R290m to build‚ Transport Minister Dipuo Peters said in a written reply to a parliamentary question on Tuesday, 3 December. Read more >>
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More Government news
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- Ubank appoints Madoda Petros as head of risk - more info
- Ubank appoints new head of group strategy - more info
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