Go to Business Day Home Page
Sunday, 23 November 2008
Search for:   site archives     Advanced Search
Home
News
- Front Page
- Economy & Business
- National
- World
- Companies
- Markets
- Mining
- Sport
Opinion & Analysis
- Comment & Analysis
- The Bottom Line
- Management &
   Leadership
Summit TV
- Transcripts
 Special Reports
- Zimbabwe Elections 2008
Arts & Leisure
- The Tourist
The Weekender

Specialist Sections
- The Golfer
- Management Review
- Health News
- SA Exporter
- Real Business
- Motor News
- Homefront
- Property
- Auctions

 Site Tools
  - Search
  - Contact Us
  - Subscribe
  - Newsletters
  - Advertise
  - BDFM BEE Credentials
  - Surveys
  - Online Courses

Maria Ramos appointed Absa CEO
BANKING group Absa announced on Friday that exiting Transnet boss and former National Treasury Director-General Maria Ramos is to take over as CEO of the group in March next year. It said the appointment was however subject to regulatory approval.
Ramos succeeds Steve Booysen who is stepping down as group CEO. He would, however, remain as CEO of Absa until Ramos takes over the reins at which point he will also step down from the boards of Absa Group and Absa Bank.
Ramos announced earlier today that she was resigning as CEO of Transnet at the end of February next year after a period of five years during which she managed to turn the flagging transport parastatal around.
Read more...
  • The Bottom Line: Will Transnet retain its recovery whizz kid?


  • SA passes new mine safety bill 
    PARLIAMENT on Friday passed new mine safety laws which enforce stricter penalties and hold mine CEOs criminally liable for deaths in some of the world’s deepest mines. 
    Read more...

    Governments scramble as market rout intensifies  
    GOVERNMENTS around the world took more steps yesterday to soften the blow of the global economic turmoil as stocks plunged and commodity prices and currencies weakened.  
    Read more...

    COPE hopefuls will be no-name brands 
    LOCAL councillors who have quit the African National Congress (ANC) to join the Congress of the People (COPE) will have to contest by-elections on December 10 as independent candidates.  
    Read more...

    SA blocks R300m Zimbabwe aid deal 
    A SOUTH African aid package of R300m for Zimbabwe would be withheld until a representative government was in place, the cabinet said yesterday. 
    Read more...

    Cabinet approves electricity pricing policy 
    IN A move to bring certainty and predictability to electricity pricing, the cabinet has approved the electricity pricing policy.  
    Read more...

    Needs of every municipality to be gauged 
    PROVINCIAL and Local Government Minister Sicelo Shiceka said yesterday the government would soon conduct audits across all the country’s municipalities to determine the full extent of infrastructure backlogs.  
    Read more...

    Western Cape ‘less vulnerable’ to waning economy 
    CAPE TOWN — While Western Cape was not going to avoid the effects of the global financial crisis and economic downturn, it was probably less vulnerable than other provinces that were more resource-based, finance MEC Garth Strachan said yesterday . 
    Read more...

    Local academic helps found online varsity 
    A UNIVERSITY of the Western Cape (UWC) academic is one of a group of five academics worldwide who plan to open a new kind of online university. 
    Read more...

    ID deputy president joins new party 
    IN A major coup for the Congress of the People (COPE), one of the two deputy presidents of the Independent Democrats (ID), Simon Grindrod, has defected to the newly formed party. 
    Read more...

    SA puts pressure on Zimbabwe’s parties 
    THE South African government has lambasted the bickering parties in Zimbabwe, saying that a lack of political will has resulted in ordinary Zimbabweans bearing the brunt of the constitutional stalemate in that country.  
    Read more...

    Motlanthe to release report on Pikoli to public 
    PRESIDENT Kgalema Motlanthe had “no problem” with making public former speaker Frene Ginwala’s report on suspended national director of public prosecutions Vusi Pikoli’s fitness to hold office.  
    Read more...



    Segolene Royal, who is campaigning to become head of France’s Socialist Party, gives a news conference in Poitiers, before a second round vote by party members. Former presidential candidate Royal came first in a ballot to lead France’s Socialists but faces a run-off against rival Martine Aubry in the final stage of a bruising power struggle, results showed today. Picture: Reuters
    Read more...



    Summit TV >> Motoring >>

    Should see Video

    To subscribe to Summit's daily highlights, as well as Business Day, Financial Mail and company results e-mail newsletters click here...

  • More videos
  • Transcripts


  • State looks abroad to borrow for growth  
    CAPE TOWN — The government would play a more active role in raising foreign funds to finance the current account deficit and ensure the continuity of an ambitious public sector capital investment programme, says treasury budget office head Kuben Naidoo. 
    Read more...

    Air France-KLM posts 96% profit drop  
    PARIS — Air France-KLM reported yester day a 96% drop in second-quarter profit as falling oil prices reduced the value of its fuel hedges.  
    Read more...

    Yahoo, Time Warner discuss AOL takeover 
    NEW YORK — Yahoo , facing dimming prospects for a takeover by Microsoft, was continuing discussions to buy Time Warner’s AOL business, sources said yesterday.  
    Read more...

    AstraZeneca to lay off 1400 
    STOCKHOLM — AstraZeneca will eliminate 1400 jobs and close plants in Europe as the UK’s second-largest drug maker expands cost-cutting measures amid increased competition from generic medicines. 
    Read more...

    Congress puts brakes on aid deal 
    WASHINGTON — The Big Three US vehicle makers came away from Washington empty handed yesterday, after legislators deadlocked over a bail-out package for the industry. 
    Read more...

    Download the PDF

    Education Roadmap - Focus on schooling system


    Simon Barber
    Why Desouza’s Thinking gives pause for thought

    Aubrey Matshiqi
    Towards polls not decided by race





      Sponsored links
    JSE All Share Key Indicators 
    Markets data delayed by 15 minutes
    Weather

    Print edition
     Front Page  Local News
  • COPE hopefuls will be no-name brands 
  • Governments scramble as market rout intensifies  
  • State looks abroad to borrow for growth  
  • ID deputy president joins new party 
  • SA puts pressure on Zimbabwe’s parties 
  • Motlanthe to release report on Pikoli to public 
     Business  Companies
  • Cabinet approves electricity pricing policy 
  • Needs of every municipality to be gauged 
  • Western Cape ‘less vulnerable’ to waning economy 
  • Air France-KLM posts 96% profit drop  
  • Yahoo, Time Warner discuss AOL takeover 
  • AstraZeneca to lay off 1400 
     World  Sport
  • Credit hangover threatens Australia’s stimulus plan 
  • Obama picks Daschle for health secretary  
  • EU diverts subsidies for big farms to countryside schemes 
  • Joy for trainer Wiid as Gliding High draws pole position 
  • Blackadder has a cunning plan 
  • Maradona secures debut win in Scotland 
     Opinion & Analysis
    Latest Cartoon
  • Driving into the sunset 
  • Wise withdrawal 
  • FILM 
  • Obama — changes the rest of the world is waiting for 
  • Towards polls not decided by race 
  • DA relaunch unveils a new vision for the nation 
  • Why Desouza’s Thinking gives pause for thought 
    Gold One (2008-11-20 23:58)
    Summit TV speaks to Neal Froneman from Aflease Gold about their new Australian partner and the new mining company that will emerge called Gold One
  • Listen to this interview

  • Infrastructure delivery (2008-11-20 23:58)
    Summit TV speaks to Seeraj Mohamed from Wits University about the challenges faced by South African infrastructure development and how government is getting help from the private sector
  • Listen to this interview

  • Properly insured? (2008-11-20 23:58)
    Summit TV speaks to Andrew Warren from Liberty Life about whether it’s wise to save money as the hard times hit home by cancelling insurance policies
  • Listen to this interview

  • Stick or carrot measures? (2008-11-20 23:57)
    Summit TV speaks to Advocate Boyce Mkhize from the Health Professions Council of South Africa about the ethical dilemmas that healthcare professionals face
  • Listen to this interview

  • Liberty results (2008-11-20 23:56)
    Summit TV speaks to Russell Harte from Liberty Group about their results and their outlook going forward
  • Listen to this interview

  • The markets (2008-11-20 23:50)
    Summit TV speaks to Garth Mackenzie head of derivatives at BoE Stockbrokers about Thursday on the markets
  • Listen to this interview

  • Subscribe to our Newsletters

    Register Now!
    By registering you will be able to subscribe to all of our email newsletters, as well as being able to post to our comments and forums tools wherever you see them on our sites!

    Username:
    Password:
    Name:
    Email Address:
     


     Business Directory

    BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused,
    arising from the use of or reliance upon, in any manner, the information provided through this service
    and does not warrant the truth, accuracy or completeness of the information provided.

    Copyright © 2005 BDFM Publishers (Pty) Ltd. All Rights Reserved
    Site Feedback | Privacy Policy