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About-face for ECB’s Draghi as he seeks to jolt Europe into life

25th August 2014

By Paul Carrel FRANKFURT, Aug 25 (Reuters) – Prodding governments to do more to boost demand and hinting at European Central Bank action to go along with it marks a major shift in ECB chief Mario Draghi’s euro zone policy away from a focus on austerity towards reviving growth. In a landmark speech on Friday, the ECB president said it would … Read more

South Africa's President Jacob Zuma delivers his State of the Nation address at Parliament in Cape Town February 13, 2014. REUTERS/Roger Bosch/Pool

EFF “Pay back the money”, ANC response, assaulting Parliamentary Democracy?

22nd August 201422nd August 2014

In the well researched and easy to read assessment, Rhodes scholar Kameel Premhid of the Helen Suzman Foundation unpacks the background to and consequences of the EFF’s dramatic “Pay back the money” chanting in Parliament yesterday. The response of the ruling ANC also reflects the dramatic change we’re witnessing in South Africa’s political landscape. Both … Read more

European stocks advance as Fed hints at rate rise

21st August 2014

by Roland JACKSON European stock markets climbed on Thursday, cheered by hints the US Federal Reserve could raise interest rates sooner than expected in view of US growth, despite mixed eurozone data. Frankfurt’s main DAX index jumped 0.93 percent compared with Wednesday’s close to end the day at 9,401.53 points. London’s benchmark FTSE 100 added 0.33 … Read more

Medical marijuana – who’ll speak up for ‘Mario’s Bill’ now his voice is silent?

22nd October 201521st August 2014

When Inkatha Freedom Party MP Dr Mario Oriani-Ambrosini killed himself on August 16, 2014, he was terminally ill with lung cancer, and the medical marijuana lobby in South Africa lost one of its most vocal supporters. Oriani-Ambrosini admitted using the drug, and the Medical Innovation Bill he tabled in Parliament in February has come to be called … Read more

ARB CEO Nichles: Surging share price can keep defying gravity

20th August 2014

In this game, one tends to remember the ones you catch just right. Among mine was ARB Holdings, a KZN-based electrical wholesaler I came across in late 2011 while living on our Mooi River farm. My research suggested this was a sleeper so wrote that this was a stock to consider filling your boots with. The … Read more

When companies flee US tax system, investors often don’t reap big returns

19th August 2014

By Kevin Drawbaugh WASHINGTON, August 18 (Reuters) – Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such “inversion” deals have failed to produce above-average returns for investors, a Reuters analysis has found. Looking back three decades at 52 completed transactions, the review … Read more

Mario Oriani-Ambrosini in his own words – facing terminal illness

22nd October 201517th August 2014

UPDATE: When Inkatha Freedom Party MP Dr Mario Oriani-Ambrosini died in August 2014, first reports were that the terminal lung cancer he had been battling had finally killed him. It later turned out that he had committed suicide by shooting himself to death. Oriani-Ambrosini ruffled medical feathers by refusing orthodox medical treatment in favour of alternative medicine, including medical marijuana instead of morphine … Read more

The Barclays Premier League trophy is seen in a studio in London

Five things to know about the Barclays Premier League

15th August 201414th August 2014

By STEVE DOUGLAS The English Premier League is back – and it looks more competitive than ever this season. Manchester City heads into the first match of its title defense, against Newcastle on Sunday, knowing there are four genuine pretenders to the trophy after a typically frenetic summer of transfers and coaching changes in English … Read more

Boys and their toys – Drones more popular than Harley’s

10th August 2014

By Matthew Lester Harley Davidson motor cycles hit the jackpot 20 years ago with the business model positioning their products to the bored middle-aged dad with money to spend and no escape on a Saturday morning. So dressing up in leathers and cruising down to hang out at a coffee shop became the rage. But, … Read more

Ugandan protest against anti-gay law prior to passing

Ugandan parliament set to re-introduce anti-gay law

6th August 2014

By Elias Biryabarema KAMPALA (Reuters) – Uganda’s parliament will try to re-introduce an anti-homosexuality law that was thrown out by a court, a lawmaker leading the effort said on Wednesday, a move that could once again damage relations with the West. Last week, the east African country’s constitutional court nullified the law, signed by President … Read more