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Weekly top stories


Ke nako! Shifting to a green economy
[Sindy Peters] Ke nako (It's time) was the buzz phrase top of mind during the months preceding the 2010 FIFA World Cup. In 2014 this phrase once again rings true, but for a new zeitgeist: it's time for business to get on the green wave. read more>>



Finance
New SARB governor promises continuity
PRETORIA: South African Reserve Bank (SARB) Governor designate Lesetja Kganyago has promised continuity at the central bank, saying he is honoured by his appointment. read more>>
Indwe Broker Holdings announces sale of Orico
Orico, the administration business of Indwe Broker Holdings, has been sold to Brolink, which has recently been acquired by short-term insurer, Santam. read more>>
Good payment history vital for credit record
Consumers with clear credit records stand a higher chance of successfully obtaining new vehicle finance. read more>>
Immigration regulations need to be restructured
South Africa's new immigration regulations should be restructured in order to avoid the adverse unintended consequences they could have on the economy. read more>>
Ascendis concludes R1bn debt refinance package
Through the joint participation of Standard Bank, Nedbank, First Rand, Futuregrowth and Sanlam, Ascendis Health has successfully concluded a R1bn debt refinance and growth funding package. read more>>
Actuarial & Insurance
Opinions divided over state-sponsored pensions

Evan Pickworth

South Africans without a pension or provident fund surprised industry analysts when two thirds said they liked the idea of being auto-enrolled into a pension fund. read more>>
Acquisition of Brolink will improve Santam's efficiency
Short-term insurer Santam has consolidated its administration businesses under the Brolink brand from 1 October, with Santam remaining uninvolved in operations in order to ensure independence and parity across insurers. read more>>
Accounting & Auditing
PAFA's vision is uniformity of accountancy standards
With sub-Saharan African economic growth outstripping most other regions - and some countries experiencing annual growth rates of 7% or more - both the big business and SME sectors will fuel growing demand for auditing, integrated reporting, and other professional financial services provided by the profession. read more>>
Financial Services
Impact of retirement reforms on financial advisers
While South Africa's financial advisers would like government to reach its retirement reform objectives with as little regulatory intervention as possible, there were certain structural inefficiencies that could not be solved by product innovation and advice alone. read more>>
Impact of legislative changes on retirement planning

Alex Cook

The legislative changes and the retirement reforms proposed by National Treasury for 2015 are going to have a massive impact on anyone who has already begun planning for their retirement. read more>>
Do homework before selecting a unit trust fund

Leigh Köhler

With the universe of collective investment schemes, or unit trusts, growing almost daily, it's easy for investors to select a name they know or to invest with a fund that may have received favourable media coverage in recent months. read more>>
Markets & Investment
South African economy improving

Shamin Chibba

South Africa's economy is on the mend, if the 2014 Ibrahim Index of African Governance is anything to go by. read more>>
Earnings sharply down for York Timbers
York Timbers has reported a substantial decline in its full-year net profit‚ dragged down by its wholesale division. read more>>
General Electric seeks new sectors in SA

Nick Hedley

General Electric (GE)‚ which is supplying a total of 376 locomotives to Transnet‚ is looking for opportunities in other sectors in SA‚ including healthcare and energy. read more>>
High prices hurt Clover's market share
Attacq's value per share up from R11.71 to R14.77 in a year

Alistair Anderson

Evraz Highveld Steel and Vanadium's net loss of R302m
Astrapak strong after restructuring

Nick Hedley

Taxation & Regulation
Productivity still not where it needs to be
South Africa's productivity levels show a mixed bag of performances in various key industrial sectors of the economy based on statistics released by Productivity SA. read more>>
Minimum wages to be set for gardening service workers
The Department of Labour is conducting countrywide public hearings on the garden and landscaping services to determine minimum wages for the sector. read more>>
International
Angry Birds not selling so jobs going
HELSINKI, FINLAND: Rovio, the Finnish manufacturer of the popular mobile game "Angry Birds" announced has it is cutting at least 130 jobs, because sales have fallen sharply. read more>>
PayPal to split from eBay
NEW YORK, USA: US online auction company eBay announced plans to spin off PayPal in a move designed to help is compete in the fast-moving online payments segment. read more>>
Hewlett-Packard to separate into two divisions
iPhone 6 prototype selling for $99,800 on eBay
Funai demands €312m from Philips
Rocket Internet loses value in IPO
NY Times to cut 100 journalists' jobs
Apple's "sweet" tax deal with Ireland being scrutinised
More International
Government
Growing investment interest in SA
South Africa's Ambassador to Italy, Nomatemba Tambo, says local businesses are benefiting from bilateral trade agreements between the two countries. read more>>
THE-A to invest in tertiary education and businesses in SA
The European Investment Bank says it is planning to make funding available to several small and medium enterprises and universities in South Africa with a view to contributing to development. read more>>
Pressing financial problems for SA Express, SAA

Linda Ensor

State-owned airline South African Express Airways is in an "extremely difficult financial position" and requires government financial assistance to prepare its 2013/14 annual financial statements Public Enterprises Minister Lynne Brown told Parliament. read more>>
ANC Gauteng wants to dump e-tolls
North West bracing itself for more protests
Italian businesses seek SA opportunities
Decisions being made on nuclear procurement
R100m Gold Loan Scheme for SA jewellers
More Government news
Jobs offered


New events to diarise
Executive Assistants and Secretaries Seminar
Ezaletics Consultants Group - 13 Nov 2014 Johannesburg

Upcoming events
KZN Infrastructure Funding Fair
Deloitte - 8 Oct 2014 Pietermaritzburg

GCI Wealth Tour - Investments & New Retirement Law
GCI Wealth - 8 Oct 2014 to 23 Oct 2014 Deneysville,Durban,Johannesburg,Cape Town,Sedgefield

All industry news

Marketing & Media
    Unilever launches Dove Self Esteem Project to boost girls' self-worth
    OOH: the valuable real estate of the future - Danette Breitenbach
    Millennials? What millennials? Target the correct age demographic on social media - Leigh Andrews

    Medical
      Opportunities for interventional cardiac devices in emerging countries
      Professor Stephen Colagiuri to chair WISH Diabetes Forum

      Retail
        Pick n Pay shares rally on trading statement - Zeenat Moorad
        Unilever tops Top Employer Awards
        Trade partnerships within African continent vital for growth - Charles Brewer

        Government
          Working-for-Water creates 181,000 jobs says Molewa
          Military Veterans to get 5,000 new houses

          Mining
            Anglo American, DBSA and ICF unite to boost municipal service delivery
            Cutting-edge technology at the Katanga Mining Week

            CSI
              Gert-Johan Coetzee bursary worth R168,000 up for grabs
              Movember: changing the face of men's health
              Entries for the Wings for Life World Run 2015 now open

              Agriculture
                SACAU gathers leaders to discuss the future of agriculture

                Building
                  Growing interest in construction expos
                  Zimbali Suites a milestone IFA's portfolio

                  GreenBiz
                    SANParks ready to start with rhino relocation
                    Suppliers benefit from Woolworths partnership deal
                    Africa's largest thin film solar farm completed

                    HR & Recruitment
                      Gumtree partners with Harambee Youth Employment Accelerator
                      [BizCareers] What to do when you aren't equipped for the job - Juliette Attwell
                      Surviving the new workforce order - Rachel Timmins

                      Legal
                        Draft Code on Equal Pay published for comment
                        Baker & McKenzie tops 2014 Acritas Index

                        Manufacturing
                          Cape Town man builds DIY bush plane

                          Property
                            Department of Public Works undergoes fraud investigation
                            Affordable housing developments face challenges

                            Education
                              Samsung partners with DoE, EC to improve educational outcomes
                              SU awarded country's first research chair in science comms
                              Fuel offers e-learning solution to outdated methods of teaching

                              Tourism
                                Air France and kulula announce partnership
                                Umi Restaurant opens whisky bar
                                Think differently, think lean - Gaby Gramm

                                ICT
                                  Check Point's 100% catch rate in benchmark test
                                  Wi-Fi eases transition to high data consumption - Michael Fletcher
                                  South Africans using technology to improve road safety

                                  Logistics
                                    Protestors vandalise Newclare station

                                    Lifestyle & Entertainment
                                      Q&A with Chris Viljoen of Spree
                                      Cape Town City Ballet's Spring & Fall exceeds expectations - Debbie Hathway

                                      Automotive
                                        New car sales pick up speed - Henrie Geyser: motoring editor
                                        Honda to unveil 2015 F1 power unit
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