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Business Report 

Playing Damian Willemse at fullback for Boks is the right move… for now

CAPE TOWN – Like most rugby lovers, I hate it when players are picked out of position.

The last scenario that bombed spectacularly was Warrick Gelant at wing for the Springboks against Wales in Cardiff last year.

Poor Gelant was hung out to dry by former Bok coach Allister Coetzee as Wales exploited the Bulls man’s lack of experience out wide to score a couple of tries on his side.

Now in 2018, under new Bok boss Rassie Erasmus, we have another situation of a top-class talent about to be played out of position – Stormers flyhalf Damian Willemse.

Erasmus said recently that he wants to introduce Willemse to Test rugby via fullback... Читать дальше...

Лента светских новостей (слухи, сплетни, сарафанное радио, шоу-бизнес, рейтинги)

Business Report 

Menar Holding embarks on a Richards Bay shopping spree

JOHANNESBURG - Mining investment company Menar Holding has set its sights on the ultimate prize - the Richards Bay coal terminal (RBCT) - as it embarks on a shopping spree for a 70percent stake in Kangra Coal from Madrid-listed Gas Natural Fenosa (GNF) for$28million (R392.8m).

Kangra Coal, which owns assets in Mpumalanga and KwaZulu-Natal, owns a 2.3percent stake in RBCT, the world’s largest coal terminal, and has a right to export a total of 1.6million tons (m/t) of coal annually.

In 2017, the RBCT loaded a record 76.47m/t of South African mined coal in the 12 months to the end of December.

Kangra Coal’s remaining 30percent stake is owned by Izimbiwa Coal Investments. Читать дальше...

Business Report 

Chiliboy Ralepelle to captain the Sharks in the Currie Cup

JOHANNESBURG - The Sharks on Monday confirmed that Chiliboy Ralepelle, will captain the Sharks for duration the Currie Cup starting this week.

The 31-year-old Ralepelle made his debut for the Sharks in 2016 after starting his professional career with the Bulls. In 2006, at the age of 19, he made his Springbok debut against the All Blacks.

"Chiliboy is a highly respected senior player and his appointment, together with the appointment of a leadership group who were voted for by the players themselves, will take the team forward during this campaign," the Sharks said in a release on their website.

"There is no greater motivation for this group of players to lead from the front, than being given the backing from their coaching staff and peers. Читать дальше...

Business Report 

Ethiopian Airlines may takeover Nigeria's national carrier

INTERNATIONAL - Ethiopian Airlines is the frontrunner to set up and manage a new national carrier for Nigeria, its chief executive said.

“We are among a small group with an interest in establishing a national carrier (in Nigeria)...we do not know the results (of the tender), though we are frontrunners,” Chief Executive Tewolde Gebremariam told a news conference.

The state-owned carrier has outpaced regional competitors Kenya Airways and South African Airways to become Africa’s largest airline by revenue and profit... Читать дальше...

Business Report 

Arsenal's Petr Cech questions Bayer Leverkusen's 'values' in Twitter spat

LONDON - Petr Cech became embroiled in a social media spat with Bayer Leverkusen after the Bundesliga club's Twitter account mocked an error made by the Arsenal goalkeeper against Manchester City.

Cech was selected to face City on Sunday ahead of new Arsenal signing Bernd Leno, who joined the Gunners from Leverkusen in the close season. But the former Chelsea star almost scored one of the most embarrassing own goals of all-time in Arsenal's 2-0 defeat against the Premier League champions.

Cech attempted a pass across the face of his own goal that almost crept into his unguarded goal to the horror of new Arsenal boss Unai Emery. Читать дальше...

Business Report 

Saudi wealth fund could help Tesla go private

INTERNATIONAL -  Elon Musk’s attempt to take Tesla Inc. private will receive added scrutiny this week as the electric carmaker’s board meets with advisers to assess a proposal that’s drawn interest from Saudi Arabia’s sovereign wealth fund.

The Saudi Kingdom’s Public Investment Fund is working to be part of any investor pool that emerges to take Tesla private, people with knowledge of the fund’s plans told Bloomberg News on Sunday. The fund, which recently built a stake just shy of 5 percent, is exploring how it can be involved, the people said on condition of anonymity. Читать дальше...

Business Report 

Atletico ripe for fresh title bid after keeping Griezmann and signing Lemar

MADRID - Atletico Madrid have prepared the ground for another assault on the La Liga title race this season by tying down their most talented players and building a robust squad while rivals Real Madrid and Barcelona have conducted relatively little business.

Atletico's biggest statement was convincing forward Antoine Griezmann to snub a widely expected move to last year's runaway champions Barcelona, while they also shook off interest in coveted goalkeeper Jan Oblak and defender Diego Godin.

They also smashed their own transfer record to sign Thomas Lemar for 65 million euros ($74 million) while replenishing their squad by signing midfielders Gelson Martins and Rodrigo... Читать дальше...

Business Report 

Ithala appoints new senior finance to head up credit unit

JOHANNESBURG - Licenced financial services and registered credit provider, Ithala SOC Limited on Monday said it had appointed Delisile Mti as their Head of Credit.

Ithala SOC Limited Chief Executive, Danny Zandamela said as head of credit, Mti’s executive responsibilities would be to manage the organisation's strategic credit risk which includes identifying existing or potential credit risks, controlling and minimising them; developing and implementing sound and prudent credit policies as well as developing and managing effective credit granting and collection systems.

“We are very pleased to welcome Ms Mti to the executive team of Ithala and we believe that her expertise and experience will be beneficial to us as we modernise and transform our systems to enable us to compete effectively in the banking market,” said Zandamela.

Zandamela said Mti from Nquthu... Читать дальше...

Business Report 

Netflix CFO David Wells to leave the company

INTERNATIONAL - Netflix Inc (NFLX.O) Chief Financial Officer David Wells will step down after eight years in the role, the video streaming company said on Monday.

Wells will remain with Netflix until his successor is found, a search that will consider both internal and external candidates, Netflix said.

“Personally, I intend my next chapter to focus more on philanthropy and I like big challenges but I’m not sure yet what that looks like,” Wells said.

Source: Reuters

Wells joined Netflix in 2004, two years after the company went public, and was responsible for content operations and strategic planning. Читать дальше...

Business Report 

OLD Mutual’s Pinelands office goes off the grid

CAPE TOWN - OLD Mutual’s Pinelands office has gone off the City of Cape Town’s water grid.

Old Mutual launched its new Water Filtration Plant at its Mutualpark office in Pinelands, the first corporate-based waste-to-drinking-water filtration facility in South Africa, which means that the 166 000m² office, accommodating more than 9 000 employees and contractors is now officially operating off the grid.

Employees consume about 450 000 litres of water a day at Mutualpark and the new plant can produce between 650 000 and 800 000 litres of water a day... Читать дальше...

Business Report 

Lots more to come from SuperSport's 'natural goalscorer' Lungu

JOHANNESBURG - SuperSport United coach Keitano Tembo has backed new winger Ghampani Lungu to deliver for the Tshwane-based team this season after his move from Zambian outfit Power Dynamos - where he scored 16 goals and registered 22 assists last campaign.

Lungu made his debut for SuperSport against AmaZulu in the Absa Premiership last weekend and played in their 4-3 penalty shootout win over Orlando Pirates in their MTN 8 title defence opener; with the 19-year-old attacking midfielder playing as a wing-back. Читать дальше...

Business Report 

Mother, daughter killed in KZN crash were related to Queen Elizabeth

Durban - Two people, killed in a head on crash in KwaZulu-Natal at the weekend, were related to British monarch, Queen Elizabeth. Louise Sword and her 13-year-old daughter, Tabitha, were killed when the H100 that they were travelling in collided head-on with a car. They were on their way back from a safari trip when tragedy struck.

According to UK-based publication, Mirror, Louise Sword’s brother is married to the Queen’s cousin, Lady Helen Taylor. Sword and her daughter lived in Lurgashall, West Sussex, England.

Tabitha died at the scene, while her mother passed away minutes after arriving at hospital.

IPSS Medical Rescue spokesperson, Paul Herbst, said the family was travelling back to Durban when the accident took place on the N2, near Zinkwazi.

“It is believed that a driver of a H100 was travelling North on the N2 when it had a blow out. Читать дальше...

Business Report 

PICS: Two men nabbed for possession of abalone worth R3.5m

Cape Town - Two men have been arrested in Parow in Cape Town after the discovery by police of yet another abalone drying plant, Western Cape police said on Sunday.

"The fight against abalone poaching and the stripping of our precious marine resources yielded success when two male suspects were arrested earlier today [Sunday] in Parow," Lt-Col Andrè Traut said.

Members of Operation Combat followed up on information and visited the premises, believed to be a drying plant, where two male suspects in their 20s were arrested for being in possession of abalone valued at R3.5 million.

The suspects were due to appear in the Bellville Magistrate's Court once they had been charged... Читать дальше...

Business Report 

Trump says he kept former aide because she said 'great things' about him

Washington - US President Donald Trump on Monday said he kept former White House aide Omarosa Manigault Newman on staff because she praised him even as she failed to do her job, the latest insult in the two former reality television stars' public battle.

Trump said the former "The Apprentice" contestant had begged for a job in the White House but was hated by others, missed work and was "nasty." Still, he said he directed his chief of staff, John Kelly, to try to smooth things over with her.

"When Gen. Читать дальше...

Business Report 

Trump says he kept former aid because she said 'great things' about him

Washington - US President Donald Trump on Monday said he kept former White House aide Omarosa Manigault Newman on staff because she praised him even as she failed to do her job, the latest insult in the two former reality television stars' public battle.

Trump said the former "The Apprentice" contestant had begged for a job in the White House but was hated by others, missed work and was "nasty." Still, he said he directed his chief of staff, John Kelly, to try to smooth things over with her.

"When Gen. Читать дальше...

Business Report 

Trump's trademark in politics is his penchant for turmoil

INTERNATIONAL  - Donald Trump is embracing financial market pain to get what he wants around the world, showing again the penchant for turmoil that is his trademark in US politics.

His decision on Friday to double steel and aluminium tariffs on a Turkish economy already reeling from a currency crisis came just days after imposing new sanctions on Russia, creating market havoc in both countries. Most Asian markets ended down for the week amid the US-China tariff war.

Rather than worrying about US markets becoming infected by sell-offs elsewhere... Читать дальше...

Business Report 

Nedbank expands with Plug and Play

CAPE TOWN - Nedbank announced today the expansion of their US partnership with Plug and Play, the world’s largest innovation platform, to include South Africa for the first time.

Together, the entities will connect 10 visionary entrepreneurs from around the world to business leaders at The Disruption Agenda to be held in Johannesburg, South Africa in September.

These startups are at the leading edge of digital transformation. They have been accelerated via the Plug and Play platform and identified as relevant disruptors to solving cross-sector business challenges at a corporate level within the local market. Читать дальше...

Business Report 

Jantjies and Mapoe to stay with the Lions for at least one more year

JOHANNESBURG - Springbok backs Elton Jantjies and Lionel Mapoe have opted to play for the Lions for one more season, meaning they will run out for the franchise in next year’s Super Rugby competition.

Both men were on the shopping lists of several Europe-based clubs, as well as unions locally, and were considering moving abroad, but the Lions announced on Monday they will both play for the team next season. Jantjies and Mapoe are currently training with the Springbok Rugby Championship squad and will play club rugby in Japan following their national team commitments.

Securing the services of the two experienced backs is a major coup for the Lions who have had to deal with the departure of several high-profile players this year. Читать дальше...

Business Report 

DA turned financial wastelands into thriving towns, says Maimane

Cape Town - Despite several motions of no confidence against a number of its mayors, the Democratic Alliance (DA) has come out to gloat about successes achieved by the municipalities it had wrestled from the African National Congress (ANC).

DA leader Mmusi Maimane, joined by four mayors from different DA-led municipalities said the party had managed to turn around finances of the municipalities. 

“Previous ANC administrations left behind a sea of debt. Drakenstein, Midvaal, Kouga, Modimolle-Mookgophong and Thabazimbi are an inspirational story of DA governments that turned financial wastelands into thriving local towns for all South Africans,” said Maimane. Читать дальше...

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