Let’s hope the Polokwane revolution reverses course sharpish

19 January, 2008 at 5:29 pm | Posted in Economy | Leave a comment

 

Let’s hope the Polokwane revolution reverses course sharpish

by Dr Jim Harris

 

Sometimes it can seem that different factions inhabit parallel universes containing quite different South Africas. There is even a faction telling us that we are living in a laissez-faire, liberalising and excessively-growing economy!
Continue Reading Let’s hope the Polokwane revolution reverses course sharpish…

SA businessmen on UK rich list

3 May, 2007 at 10:53 am | Posted in Uncategorized | 3 Comments

South Africans among the 1 000 richest people in the UK and Ireland include Donald Gordon at number 55, according to the 2007 list published by London’s Sunday Times at the weekend.
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Berkshire Annual Report

1 May, 2007 at 12:00 pm | Posted in Companies | 4 Comments

Extracts from Berkshire Hathaway letter to shareholders 2006, by Warren Buffett.

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Updates

29 April, 2007 at 2:57 pm | Posted in Uncategorized | Leave a comment

I must apologise for the lack of updates this site has been receiving. Unfortunately my attention has been elsewhere recently and I have been unable to keep it up to date. I have some plans to develop a new site but thes are still in preliminary formulation. I will keep you posted with developments.

P&G sues Amway distributors

16 April, 2007 at 10:06 am | Posted in Companies | Leave a comment

Consumer products giant Procter & Gamble (P&G), which successfully sued four Amway distributors last month to dispel rumours that its logo was a satanic symbol, last week asked a US federal judge to uphold a $19.25 million (R139 million) award despite charges of jury misconduct.

Lawyers for the distributors had statements from three jurors who said the panel decided that P&G failed to show it had lost sales because of the rumours. P&G said the reports amounted to “nothing more than unsworn statements” from the jurors.

FSB to probe GoldField “bid”

13 April, 2007 at 10:22 am | Posted in Companies | Leave a comment

The Financial Services Board (FSB) is set to launch an investigation stemming from a story run by Bloomberg on Wednesday about a mooted bid for Gold Fields that caused the mining house to gain almost R10 billion in value.
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Ford CEO rolls in it

6 April, 2007 at 11:19 am | Posted in Companies | Leave a comment

Struggling Ford Motor Company awarded multimillion dollar bonuses to its executives last year despite the fact that it posted a record loss of 12.7 billion dollars, according to a document filed Thursday with securities regulators.
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Edcon bid too low

5 April, 2007 at 11:12 am | Posted in Uncategorized | Leave a comment

The private equity buyout of Edgars Consolidated Stores (Edcon) hit its first snag yesterday after the world’s most famous emerging market investor, Mark Mobius, said the offer was 50 percent too low.
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Mittal in trouble

28 March, 2007 at 1:22 pm | Posted in Companies | 1 Comment

The competition tribunal dealt an embarrassing blow to Mittal Steel South Africa yesterday, finding the steel maker guilty of abusing its monopoly position to charge excessive flat steel prices.
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Berkshire Annual Report 2006

9 March, 2007 at 8:45 pm | Posted in Uncategorized | 4 Comments

For this must read, click here

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