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Weekly top stories


2014 Female Nation Survey results revealed
Women24.com recently released the findings of their annual Female Nation Survey, which called on women across the country to participate. read more>>



Actuarial & Insurance
Subrogation entitles insurer to certain rights

Jayne Cross

After your insurer indemnifies you in terms of your policy of insurance, your insurer has certain rights. One of those rights is the right of subrogation, either by common law or in terms of the insurance policy. read more>>
Driverless cars not just science fiction
A recent survey has indicated that 22% of Americans would buy a car with autonomous capabilities, 53% would consider buying such a car, while 25% said they would never consider a self-driving car. read more>>
Turning risk to opportunity - RISKAFRICA magazine announces new focus

Issued by COSA Media

Niche magazine title, RISKAFRICA, has expanded its focus to include risk managers amongst its broker and insurance industry readers, offering them news and practice insights from across sub-Saharan Africa's fastest emerging markets... read more>>
Accounting & Auditing
Finance function necessary for diversity strategies
Organisations globally often lack basic information about diversity in the workforce or their marketplace. This is according to research by Brunel University in London. read more>>
Banking
Standard Bank to implement IBM's Watson technology
Standard Bank has signed an agreement to implement IBM's new Watson technology which breaks traditional barriers in computing by embracing artificial intelligence, natural language processing and dynamic learning when assisting customers and businesses with the interpretation of data. read more>>
Markets & Investment
Careful management can deliver significant returns
There are approximately 49,000 South Africans who have net assets of more than $1m. However, if the often flamboyant appearances, flashy cars and grandiose spending habits are anything to go by, you would think that this number is much higher... read more>>
Investors urged to stay calm amid volatile markets
Investors are urged to avoid knee-jerk reactions to the oil price slump and gloomy global growth forecast that is creating the current stock market volatility. read more>>
SA government honours GE with Siyabonga Business Award
The South African government has awarded the Siyabonga Business Award to General Electric (GE). The inaugural award was created to recognise US businesses and individuals who are making an exceptional contribution to South Africa's economy. read more>>
SA developers showing more interest in Africa

Alistair Anderson

The African continent could become a competitive field for SA's property developers if the developers move in and act as catalysts for future development. read more>>
Multi-asset funds are managed by experienced asset managers

Imraan Jakoet

Portfolio flow statistics from the Association of Savings and Investment in South Africa over the last few quarters have shown a significant rise in the percentage of industry assets moving towards funds which may invest into multiple asset classes where exposures to these asset classes are actively and tactically managed. read more>>
MTN offering voluntary retrenchment to cut staff costs

Thabiso Mochiko

Cashbuild's revenue up 10%
Oasis Crescent's distribution of 50.2c a unit
Sustainability
Climate change report shows continued improvement
The 8th edition of the South African CDP climate change report has revealed that nine companies are making the Climate Performance Leadership Index (CDLI). read more>>
Taxation & Regulation
Objective of the BEPS Action Plan

Lisa Brunton

The objective of the Base Erosion and Profit Sharing (BEPS) Action Plan is to secure government revenues by ensuring that profits are taxed in the jurisdiction where the economic activities generating such profits are performed and where value is created. read more>>
Debt collection and flight, fight or freeze concept

Keolebogile Mugabe

The scientific notion of flight, fight or freeze describes responses triggered by the perception that we are under physical or mental threat. This concept has percolated the legal fraternity over the years and it recently shared the spotlight with advocate Barry Roux and Gerrie Nel in the Oscar Pistorius trial. read more>>
International
Europe's car sales up 6.4% in September
PARIS, FRANCE: New car sales in Europe rose by 6.4% in September, the thirteenth month of increases as a recovery in the market spreads across the continent. read more>>
Underground bank founder pleads not guilty
NEW YORK, USA: A man accused of founding an online underworld bank that allegedly laundered $6bn for criminals, including child pornographers and drug traffickers, pleaded not guilty before a New York court this week. read more>>
Philips blames Russia, China for its €103m loss
Strong iPhone 6 sales boost Taiwan's export orders
IBM sells chip unit but bleeds money
Google profits fall as ad revenue declines
EU anti-trust boss says Google fears are irrational
Japan Display warns of enormous losses
Microsoft licences: Romania's probe of state officials
France lets users Tweet money to others
More International
Africa
WesBank extends reach to Nigeria
WesBank, the provider of secured finance to the retail and corporate markets, and the National Automotive Council (NAC) of Nigeria have signed a memorandum of understanding whereby WesBank will offer its services to clients. The agreement aims to stimulate the sale of locally assembled vehicles in Nigeria. read more>>
Zimbabwe: Africa's first cashless society?

Sulaiman Philip

Zimbabwe's GDP in 2013 was $12.8-billion; of that, $5.5-billion, or 43%, moved through Econet's mobile banking system. Within 12 months, says Strive Masiyiwa, the founder of Zimbabwean mobile operator Econet Wireless Zimbabwe, the country will become a totally cash-free society, Africa's first. read more>>
More Africa
Government
State may sell Vodacom stake to fund Eskom

Thabiso Mochiko and Andiswa Maqutu

Crushing financial pressure on Eskom has compelled the government to consider selling its R26bn stake in Vodacom and to assess its other listed holdings‚ such as Telkom to raise the cash that Eskom needs. read more>>
Municipality instructed to comply with audit report
North West MEC for Local Government and Human Settlements, Collen Maine, says the department will take steps against Lekwa Teemane local municipality within the next 30 days, if the municipal council fails to act on the recommendations of an audit report. read more>>
State to examine problems in foster care provision
Cops 'crippled' by detective shortage
Zuma will maintain Parliamentary obligations
E-toll costs are prohibitive for motorists

Natasha Marrian

More Government news
People on the move
  • New appointments at Foord Asset Management - more info

More people  Submit a Person
Jobs offered
Digital/Web Designer - Cape Town
If you are a qualified digital/web designer with experience in Html and CSS, this is for you. We are looking for a creative professional to join our dynamic team. Read more >>

C# Developer - Johannesburg
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New events to diarise
HR Africa Summit incorporating the HRDE - 27 Oct 2014 to 31 Oct 2014 Bryanston
The premier gathering of HR executives and practitioners - an African experience for a global market. Read more >>


WEConnect International SA Information Session
Upbeat Marketing - 21 Oct 2014 Johannesburg

Managing accounts payable
Alusani Skills & Training Network® - 18 Feb 2015 to 19 Feb 2015 Johannesburg

Upcoming events
HR Africa Summit incorporating the HRDE - 27 Oct 2014 to 31 Oct 2014 Bryanston
The premier gathering of HR executives and practitioners - an African experience for a global market. Read more >>


WEConnect International SA Information Session
Upbeat Marketing - 21 Oct 2014 Johannesburg

Petty cash management
Pietermaritzburg Chamber of Business - 22 Oct 2014 Pietermaritzburg

Workshop for accounting teachers
Hilton College - 22 Oct 2014 Durban

Prep International Certified Fraud
UCT Professional Development Project - 27 Oct 2014 to 31 Oct 2014 Cape Town

Short course in economic literacy
Continuing Education at the University of Pretoria - 28 Oct 2014 to 31 Oct 2014 Pretoria

All industry news

Marketing & Media
    [Antifragility] Just another manic New Media Monday - Jessica Taylor
    New app for 1st for Women Insurance identifies top seven needs
    Galliova Awards announces 2014 finalists

    Retail
      Le Creuset loses promotional campaign case
      New Rooibos website to celebrate Geographic Indicator status
      Woolworths donates R3 million for World Food Day

      Government
        Outcry over sex-for-marks at Brakpan school
        No Ebola in SA, neighbouring states yet
        Families encouraged to grow their own vegetables - Nthambeleni Gabara

        Mining
          Entrepreneur makes history

          CSI
            Vodacom provides e-learning connectivity solution
            Unilever launches Lifebuoy's "Partner a Community" initiative in conjunction with Global Handwashing Day
            Coca-Cola Light dressed in pink to raise awareness for breast cancer

            Agriculture
              A solution to Vitamin A deficiency prevalent amongst children in sub-Saharan Africa

              Building
                Sub-Saharan energy sector brakes development

                GreenBiz
                  V&A Waterfront wins Lilizela Award
                  WWF-SASSI scheme serves up sustainable seafood report - Sindy Peters
                  Recycled products available at Cavendish pop-up store

                  HR & Recruitment
                    Investing in HR gives businesses an edge
                    Renewable energy sector is key to SA job creation

                    Legal
                      Assessment focuses on conditions of POPI Act
                      Employers prohibited from accepting payments by employees - Lauren Salt and Sidasha Naidoo

                      Manufacturing
                        New image-processing methods from Omron
                        kulula reduces fuel consumption on Boeing 737-800s

                        Property
                          Joburg's business hub drives demand for residential property
                          SA REIT is "never a dull sector"

                          Education
                            UCT invites applications for MPhil specialising in Inclusive Innovation
                            SACAP becomes Africa's first academic institution accredited by IRCEP
                            Choose your portion with caution #NNW2014

                            Tourism
                              Franschhoek's Last Word on intimate luxury - Brian Berkman
                              [INFOGRAPHIC]: 2014 Ebola Outbreak
                              Heineken launches 'Open Your City' campaign

                              ICT
                                Mammoth BI conference to bust myths about big data, analytics
                                Skype launches video messaging app
                                Families lose money because of children on the internet

                                Lifestyle & Entertainment
                                  Vic Falls Carnival announces additional acts
                                  Dead Letter Circus return - Ruth Cooper
                                  The Kooks, Kelis & BollyBoom to headline World Jam Music Festival

                                  Automotive
                                    Analyst briefing will focus on female vehicle ownership
                                    RMI announces semi-finalists of WorldSkills competition
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