R600-million Heidelberg Mall to open in October
A R600-million world-class shopping development is on schedule to open its doors in Heidelberg – 50km south-east of Johannesburg – on 23 October 2014.
Ferdinand chips away at Moyes
Rio Ferdinand has revealed what he believes were a series of mistakes David Moyes made during his unsuccessful stint as manager of Manchester United — including the banning of chips the night before matches. Former United defender Ferdinand — who made an unhappy return to Old Trafford when his QPR side were hammered 4-0 in … Read more
NFL: Ray Rice will appeal indefinite suspension
Ray Rice, the National Football League star banned indefinitely after video of him knocking out his then-fiancee surfaced, will appeal the suspension, according to multiple reports Sunday. NBC, the Baltimore Sun and ESPN reported that Rice, a star running back who helped the Baltimore Ravens win last year’s Super Bowl, would challenge the indefinite ban … Read more
Caxton returns, SAPA to be rebuilt – directors
From the Board of the SA Press Association: The board of directors of the South African Press Association (Sapa) is pleased to announce its decision to reconstitute and commercially revamp the news agency. The intentions are that the independent domestic wire service’s 76-year-old non-profit business model will be replaced with a commercial entity which will … Read more
Eskom “keep lights on” strategy: Cost R7,5bn extra in diesel alone
Eskom’s spokesman Andrew Etzinger is back under the cosh – this time after Government announced taxpayers will provide the funding shortfalls on its R250bn expansion programme.
Chris Gilmour: SABMiller bid for Heineken to spur its own predator into action
In days when there was still the luxury of time to do such things, I visited SABMiller’s breweries in Central Europe and later its operations in China.
Remove yourself from white collar crime hit list – advice from experts
Violent criminal acts attract most attention, but in financial terms white collar crime is a lot bigger. And one of its fastest growing segments is Identity Theft where syndicates in South Africa use publicly distributed information to rake in over R1bn a year. Carol McLoughlin of the SA Fraud Prevention Service says reported cases of … Read more
Stephen Saad’s Aspen: From JSE newcomer to R150bn valuation in 16 years
In 1998, Stephen Saad and Gus Attridge took their ambitions public through the reverse takeover by their year-old business into JSE-listed Medhold. A year later they pulled off a R2.4bn hostile takeover of the well resourced but poorly managed SA Druggists. And the rest is history. Now a multinational corporation, last week Aspen delivered another sparkling … Read more
Beware CEOs who draw their own post-performance bullseyes
By Alec Hogg Here’s an interesting thought to start the week, courtesy of the Oracle of Omaha. If a secretary is hired for a job that requires typing at 80 words a minute and she only manages 50, she won’t last long. Similarly if a new salesman doesn’t manage to close the deals, he’ll be … Read more
Moyes reign costs Manchester United $90m
By ROB HARRIS The wall of fame of Manchester United managers still informs Old Trafford visitors that a “new chapter has begun” under David Moyes. In reality, it was a short, painful chapter in United history that will cost around $90 million, the club disclosed on Wednesday. Although the museum display hasn’t been updated, it’s … Read more