Latest news and views in Brief
From SAPATop businessman Roger Jardine has been appointed the new group CEO of Primedia, the company announced on Monday.Jardine will replace Kuben Pillay, who moves to the position of executive chairman for the group. The appointment will take effect next month. “Roger brings a wealth of experience with him, having run two listed entities including … Read more
From Reuters * Union AMCU to strike at three biggest platinum producers * Renewed labour strife will add pressure on rand * Ratings agency say strikes create uncertainty By David Dolan JOHANNESBURG, Jan 20 (Reuters) – South Africa‘s ailing economy cannot afford more mine labour unrest, Finance Minister Pravin Gordhan said on Monday, after the platinum industry’s main trade … Read more
From Reuters * SPDR holdings rise for first time in a month * Gold records four straight weeks of gains * Platinum strikes in S. Africa likely this week (Updates throughout, changes dateline from SINGAPORE) By Clara Denina LONDON, Jan 20 (Reuters) – Gold steadied after touching its highest level in nearly six weeks on Monday, still finding … Read more
From SAPA Black South Africans overtake white home buyers: FNB Black South Africans have bought more suburban homes in the past year than their white counterparts, an FNB Estate Agent survey stated on Monday. “… 2013 was the first year in the history of this survey question, dating back to 2005, in which the so-called … Read more
From Reuters By Lauren Tara LaCapra NEW YORK, Jan 17 (Reuters) – Goldman Sachs Group Inc has been quietly moving thousands of jobs from pricey places like New York and London to cheaper cities like Salt Lake City in recent years, and executives said on Thursday those efforts are finally starting to show up in the bank’s results. Goldman … Read more
From Reuters By Sarah McBride SAN FRANCISCO, Jan 17 (Reuters) – Offering a twist on the learn-from-anywhere convenience of Internet classes, a new university is asking freshmen to take a large leap of faith. Minerva Schools of KGI, a radically experimental university in San Francisco, is sifting through applications for its first class, starting this fall. The … Read more
By Tiisetso Motsoeneng JOHANNESBURG, Jan 17 (Reuters) – South Africa today slammed global drug firms over a covert campaign against its planned overhaul of intellectual property laws to favour cheaper generic drugs, accusing pharmaceutical companies of a “satanic” plot to commit “genocide”. It is not the first time drugmakers have clashed with Pretoria. A decade ago the … Read more
From the SA Press Association: International Relations Deputy Minister Ebrahim Ebrahim will travel to Yemen to consult with its government and other interested parties on the kidnapping of South African Pierre Korkie, his department said on Friday. Spokesman Nelson Kgwete said Ebrahim was scheduled to leave for Yemen on Saturday. Korkie’s kidnappers have given his … Read more
From the SA Press Association: Discovery today announced the prominent line-up of global thought leaders who will be attending this year’s Leadership Summit, to be hosted on 5 March at the Sandton Convention Centre, Johannesburg. The Summit has become a prestigious event on the business calendar, attracting the likes of Al Gore, Richard Branson and … Read more
By Jonisayi Maromo of the SA Press Association: Farlam Commission of Inquiry evidence leader Geoff Budlender SC, has accused the police of not co-operating with the commission. The SA Police Service (SAPS) had failed to submit numerous documents and recordings requested by evidence leaders, said Budlender. Preparations for cross-examining the inquiry’s next witness, North West police … Read more