• Is there no end to Zimbabwe’s decline? - Business News | IOL Business

    Zimbabwe’s decision to scrap the local currency in 2009 helped end hyperinflation as it cut off the government’s ability to print money to pay debts. With Zimbabwe adopting the US dollar and currencies such as the South African rand as legal tender, authorities have no ability to boost money supply in the economy. “The macro-economy is under enormous pressure,” Joseph Rohm, a fund manager who helps oversee about $1.3 billion in African investments in countries other than South Africa for Investec Asset Management, said by phone from Cape Town on August 31.

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  • Clive Naidoo: South Africa, I'm sorry! - Gauteng | IOL News

    South Africa's Premier Online News Source. Discover the world of IOL, News South Africa, Sport, Business, Financial, World News, Entertainment, Technology, Motoring, Travel, Property, Calssifieds & more.

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  • Teen’s trip of a lifetime - Daily News | News

    Backpagepix Zanele Mweni, 18, is one of 10 young South Africans chosen to take part in the race. An 18-year-old from Mtubatuba has embarked on the journey of a lifetime taking part in the 40 000 nautical-mile Clipper Round the World Yacht Race. Zanele Mweni had never been on a boat before and will now face a challenge like no other. This week Mweni joined the team of amateur crew on board the IchorCoal, one of 12 Clipper ocean racing yachts to race the first leg of 5 630 nautical miles across the Atlantic Ocean from London to Rio de Janeiro, Brazil, spending almost a month at sea.

    Independent Online q
  • Details: Rapper AKA and Zinhle split saga gets ugly

    According to Sunday Sun, Zinhle found out about AKA's cheating ways when she found smses exchanged between him and Bonang Matheba. The two are said to have started seeing each other behind Zinhle's back. A source told Sunday Sun that Zinhle and AKA were leading separate lives even while she was pregnant. A well-known DJ had already tipped Zinhle off that AKA’s illicit love affair had blossomed at Metro FM.

    Times LIVE q
  • Meet Trevor Noah's 'Best F#@king News Team' ever

    'The Daily Show' has released its latest advert ahead of new host Trevor Noah's debut later this month.

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  • Adebayor waiting for sign from God to leave Spurs - Cape Times

    Emmanuel Adebayor killed off any chance of playing football again before January after rejecting a Tottenham Hotspur pay-off and turning down a host of summer moves on the advice of his pastor, reports The Telegraph. The future of Adebayor has been one of the sagas of the summer and Telegraph Sport revealed that he not only demanded huge money to leave Spurs, but also pulled out of a move to Aston Villa because he claimed he needed a sign from God. Tottenham were desperate to offload Adebayor this summer and made the striker a deadline-day offer to cancel the remaining year of his £100 000-a-week contract, so that he could join a new club as a free agent.

    Independent Online q
  • Rihanna smells the past - IOL Tonight

    Rihanna banned her make-up artist from wearing a perfume. The 'Princess of China' hitmaker, who has previously dated Chris Brown, Drake and baseball player Matt Kemp, admits she once ordered the employee not to wear the unidentified fragrance again because it reminded her too much an of ex-boyfriend. The 27-year-old singer, who is currently rumoured to be romancing British Formula One driver Lewis Hamilton, said: “[Scent] is something that connects you to a specific time, a memory, a place, a person.

    Independent Online q
  • Zimbabwe: South African King Apologizes For Xenophobic Attacks

    King Bhungane III of AmaHlubi Nation has apologised for the xenophobic attacks that displaced Zimbabweans in South Africa early this year.

    AllAfrica.com q
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  • Judges pepper Vodacom counsel on SMS idea

    JUDGES of the Constitutional Court quizzed Vodacom on Tuesday on whether it was just that the company had reaped billions from its former employee’s idea without rewarding him for it. The court is the last stop for Nkosana Makate, who has fought a seven-year battle to get compensated for his "Please Call Me" idea, which allows cellphone users to send free call-back text messages, and which continues to be a money-spinner for network service providers. Last year, Mr Makate lost out in the High Court in Johannesburg, which found that while he had entered into a contract with former Vodacom director and product development head Phillip Geissler over the idea, the company could only be liable if it had authorised Mr Geissler to contract on its behalf. In July last year, Judge Phillip Coppin said Mr Makate had not made a sufficient case of "ostensible authority" — he had not shown that Vodacom had acted in such a way that he was entitled to rely on the agreement with Mr Geissler.

    Business Day Live q
  • Six amazing sights that look even better from the International Space Station

    The astronauts on the International Space Station(ISS) are among the lucky few who will have this humbling, once-in-a-lifetime experience of seeing the beauty of Earth from space. The ISS doesn’t just offer spectacular and countless views of the natural and man-made landscapes of our planet. It also immerses its residents into the Earth’s space environment and reveals how dynamic its atmosphere is, from its lower layers to its protective magnetic shield, constantly swept by the solar wind. The best views are seen from the Cupola, an observation deck module attached to the ISS in 2010 and comprising seven windows.

    Times LIVE q
  • Africa's Richest Man to Invest in Zimbabwe

    Nigerian Aliko Dangote stated that he is planning to invest in coal mining and power generation projects, as well as to set up a large cement factory.

    AllAfrica.com q
  • Ramakatsa fears for his life

    Expelled Economic Freedom Fighters (EFF) MP Mpho Ramakatsa said yesterday his life was under threat because of the choices he made in the past. The EFF expelled Ramakatsa, Andile Mngxitama and Khanyisile Litchfield-Tshabalala in April after they publicly accused its leadership of financial mismanagement. Ramakatsa told The Citizen he recently received death threats from unknown people at different times. “I am being followed by suspicious cars and some people call and insult me,” said Ramakatsa.

    The Citizen q
  • LETTER: Zuma has lost the plot on business

    THE exhortations by President Jacob Zuma to business to desist from retrenchments undertaken "to maintain profit margins" (Look past profit margins — Zuma, August 31) show an extraordinary lack of understanding of how business works. In more than 30 years of serving on the boards of several major companies, I have found that managers go the retrenchment route only as an absolute last resort, once the very survival of the business unit concerned is under threat and all of its employees’ jobs are otherwise at risk. Mr Zuma’s comments reflect an attitude on the part of many ministers and public servants, full of misconceptions of and hostility towards business, which helps to explain why business creation and new employment are moribund. Instead of fostering and encouraging new business, foreign investment and job creation, there is endless archaic garbage about "monopoly capitalism" and an almost xenophobic attitude towards foreign investment.

    Business Day Live q
  • Berto ready for Mayweather - Boxing

    AFP Andre Berto will go into his welterweight title fight against Floyd Mayweather in Las Vegas next week as a heavy underdog. Los Angeles - Andre Berto will go into his welterweight title fight against Floyd Mayweather in Las Vegas next week as a heavy underdog but also as a man “on a mission” as he bids to end his fellow American's perfect 48-0 record. Berto, 31, he has blinkered himself from all the hype and hoopla that usually surrounds the build-up to a Mayweather bout and claims he has never been fitter as he prepares to step into the ring at the MGM Grand Garden Arena on September 12. “I've had a tremendous training camp, a long camp but a tremendous camp,” twice former welterweight world champion Berto told reporters on a conference call on Tuesday.

    Independent Online q
  • Gaddafi billions found in SA

    The Sunday Times has established that Libyan investigators have already met top government officials to discuss locating, securing and repatriating the loot brought here by Gaddafi and his children. The investigators believe there is evidence of more than $1-billion in cash, gold and diamonds being held by four banks and two security companies in South Africa. It could be the largest haul of Libyan assets found until now, although it is only a fraction of the estimated $80-billion of Gaddafi's foreign assets.

    Times LIVE q
  • EFF command nails North West university SRC elections | The New Age Online

    The party has matched ANC aligned SASCO in the race for control of the student body. The leadership race has attracted both ANC and EFF bigwigs to the Province over the past weekend, and the campus has been a hive of activity.

    The New Age q
  • Promiscuity is murdering us

    Why does South Africa have the largest HIV-positive population in the world? DA leader Helen Zille asked these questions in her statement on Sunday, "Tackling the new Aids denialism", - and she was also kind enough to give us the answer to bringing our HIV-infection rate under control. Zille said the reason we top the list of countries with the largest number of people living with HIV is because we are unfaithful. Quoting Dr Helen Epstein's book, The Invisible Cure on the HIV Pandemic in South Africa, Zille said the only countries in Africa that have turned the Aids pandemic around are those that have focussed on partner reduction.

    Times LIVE q
  • ANA's bid to bar Boks 'fatally defective'

    Transformation was an issue of such national importance that the Agency for New Agenda (ANA) deserved to be assisted by senior counsel in its bid to stop South Africa from competing in the Rugby World Cup, a High Court Judge in Pretoria has said. The small political party not only wants the court to stop the National rugby team from competing in the World Cup in England and Wales later this month, but also wants the players and officials from the Sports and Recreation Department and SA Rugby Union to hand in their passports. The party wants the court to order the Executive to establish a judicial commission of enquiry into the lack of transformation in South African rugby.

    The Citizen q
  • Motsoeneng once again under fire for media statements

    Anton Harber says it’s worrying that the SABC boss believes the media’s role is to influence the public.

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