harding

The Times editor goes

harding

Editor of The Times resigns after realising Newscorp’s boss Murdoch wants him out

During economic upswings, in the business sector the innovators and builders are desired most. But when conditions turn, capital – accountants, managers – takes a tight hold. James Harding, 43, editor of one of the world’s great newspapers become the latest casualty of these times. He is expected to be replaced by an SA-born Newscorp colleague. Here’s the text of Harding’s resignation.

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Bravo free market

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World class service alive and well here in SA

I had one of the most pleasant service experiences in a long time this morning when re-engaging my internet connection.  A young business I’d never heard of before took my breath away. It’s worth sharing.

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Nhlanhla

Bloem SME redux

Nhlanhla

Digging deeper into Rob Smorfitt’s blog about racist SME conference in Bloem

On Wednesday, I published a blog by Dr Rob Smorfitt where he took a swing at the incompetent organisers of an event he drove hundreds of kilometres to attend. Nhlanhla Damoyi (pictured) suggested on my Facebook page that the blog left him with more questions than answers. So he posed them. Here they are – with Rob Smorfitt’s response.

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Marius Kloppers 72dpi

Short iron ore, coal

Marius Kloppers 72dpi

Deciphering BHP CEO: Short Kumba, Exxarro, ARM as iron ore prices “mean revert”

 

BHPBilliton CEO Marius Kloppers had bad news for some base metal prices at his AGM this morning. He reckons the China-driven boom for iron ore and coal prices is over. After the inflation of the past decade, prices are reverting to a lower mean. I have cut away the verbiage to help make his message easier to understand. It’s clear: get out of shares like Kumba, Exxarro, ARM and even steel-maker Mittal.

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simon raubenheimer

Allan Gray’s picks

simon raubenheimer

Allan Gray explains why it bought the 10 shares that account for half its portfolio

 

In the 1980s I spent many hours inputting the individual holdings of unit trusts. Knowing what professionals are buying is invaluable info for small investors. This piece from SA’s hottest asset manager, Allan Gray, explains its thinking on the Top 10 holdings which between them account of 57% of AG’s total share investment.

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Rob Smorfitt

Racist SME conference

Rob Smorfitt

Bloem SME conference waste of time – incompetent speakers selected by race

Had tea with Dr Rob Smorfitt this morning. Wonderful mind, intellectually honest and a natural business disruptor. He’s a serial entrepreneur turned academic who focuses on Small and Medium Enterprises. Rob believes in telling the truth as this brutally honest blog about a recent SME conference attests.

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rikeshweb

Rikesh Parthab

rikeshweb

Entrepreneurship lessons: An example of how starting early, self-discipline works

An inspiring story of a young Durbanite that provides key lessons in entrepreneurship for everyone. Rikesh Parthab’s passion for business was nurtured early on, encouraging him to make the sacrifices that created a springboard for today’s sizeable operation. I’ve got the feeling we’ll be hearing a lot more about this young man.

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Laurene Powell

Steve Jobs Bio III: Who you marry makes huge difference

Laurene PowellWalter Isaacson’s book on Apple’s Steve Jobs gets one feeling it’s a pity biographies begin, as they must, with the subject’s early years. After the first 200 pages, many will be tempted to throw away the tome, tiring of a brattish Jobs who typifies much of what the rest of the world dislikes about American businessmen.

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Steve

Steve Jobs Bio – Part Two: True brilliance was in sweating the small stuff

Baruch Lurie was spot on. In a comment posted beneath my first review he said the Steve Jobs book started slowly. But from page 150 he was “totally engulfed.” Ditto for me. If those first few chapters were a titbit, the next couple hundred pages have been like Sunday’s roast after a long walk and … Read more

Steve Jobs Headshot

The day Steve Jobs’ company hit the ultimate high

UPDATE NOVEMBER 2012: On the day this article was written, Apple Computer became the most valuable corporation in the world. Less than two months later, on 11 October 2011, its co-founder and chairman Steve Jobs (56) lost his long battle against cancer. Apple has continued to thrive after Job’s death, the market cap rising 57% … Read more