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
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
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
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
For South Africans, most of the excitement ended even before the BRICS Summit in Fortaleza began earlier this week. After the previous summit in Durban, hopes were high that the $100bn BRICS Development Bank would be headquartered in Johannesburg. The South Africans had done most of the work on putting the structure together, and as … Read more
(Reuters) – LeBron James has overtaken Michael Jordan as the United States’ most popular athlete, according to a Harris poll. Almost from the moment James exploded onto the NBA scene as the number one overall pick in the 2003 draft a debate has raged over who was the better of the two basketball superstars. Jordan … Read more
By Frank Jack Daniel NEW DELHI (Reuters) – Shanghai looks set to become the headquarters of a development bank being launched by the BRICS emerging market nations, despite fears by some members of the group that China could hijack the bank to serve its interests. Brazil, China, India, Russia and South Africa are due to sign off on the new institution on Tuesday, along with … Read more
My first engagement with Richard van Rensburg was in the dot com heyday when he was charged by Datatec and Wooltru to run a business called Affinity Logic. That was ahead of its time, as was now Pick n Pay chairman, then joint CEO Gareth Ackerman’s drive into financial services in 1997 with Go Banking. But … Read more
By Matthew Lester There is going to be heated debate in retirement planning circles as a result of the proposed amendment to implement annuitisation requirements on provident funds with effect from 1 March 2015. Don’t panic. National Treasury has observed the vested right of provident fund members to be exempt from the new requirements. … Read more
By Mike Collett and Andrew Downie SAO PAULO (Reuters) – FIFA president Sepp Blatter on Wednesday all but confirmed he would run for re-election despite criticism the game and organisation have been tarnished by accusations of corruption during his long reign. World soccer’s governing body is reeling after allegations in Britain’s Sunday Times that a … Read more