Let panel choose my successor, says Ratan Tata The Hindu | Shonali Muthalaly | Ratan Tata | CAPE TOWN: "I'm looking forward to the freedom to do the things I've always wanted to do. I don't want to leave the company in a wheelchair, or in a box," said Ratan Tata, Chairman of the $71-billion Tata Group. | At an impromptu press conference in the business lo...
Global hotel performance results TravelDailyNews | STR Global releases global hotel performance results for the Americas, Asia/Pacific, Europe and Middle East/Africa regions for July 2010. | STR Global posts Americas results for July 2010 | The Americas region recorded positive results in the three key performance metrics when reported in U.S. dol...
SAA statement is inaccurate, says NPA Independent online | The National Prosecuting Authority said on Thursday it noted with concern claims that it had received forensic reports of financial wrongdoing at SAA under its former chief executive. | The NPA described the statement, made by SAA spokesman Fani Zu...
Brimstone CEO in Cape Building Regulation Row All Africa Fred Robertson, the CEO of listed black empowerment company Brimstone, may soon be forced to remove portions of his recently completed Bantry Bay building after city councillors refused to grant an after-the-fact approval for the structure. | ...
Rockwell Appoints a New Director and Strengthens the Management Team redOrbit | VANCOUVER, Sept. 1 /PRNewswire-FirstCall/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSXV: RDI; JSE: RDI; OTCBB: RDIAF) announces changes to its board of directors and new appointments to its management team. | Gary Wu has joined the B...
ANC bodies at each other's throats Independent online | By Carien du Plessis | The suspension of SABC group CEO Solly Mokoetle has pitted ANC structures against each other, with the youth league reprimanding the military veterans for threatening to institute criminal charges against board members. | MK ...
Former SAA CEO Faces New Mismanagement Claims All Africa Former South African Airways (SAA) CEO Khaya Ngqula is to be served with new summonses to repay the airline millions of rand spent without authorisation on sports sponsorships. | ...
Standard CEO Rejects Criticism of 'Lazy' Capital All Africa STANDARD Bank Group CEO Jacko Maree yesterday rejected criticism that Africa's largest lender is not sweating the excess capital on its balance sheet, saying the uncertain global economic conditions called for caution rather than exuberance in using ...
Bellzone made 'real progress' in past six months – CEO Mining Weekly | JOHANNESBURG (miningweekly.com) – West Africa-focused Bellzone Mining was looking forward to the next 12 months as it continues with the development of its flagship Kalia iron-ore mine, in Guinea. | Commenting in an interim report to shareholders...
Suspended SABC Chief 'Will Fight Board's Charges' All Africa CHARGES are expected to be served on suspended SABC CEO Solly Mokoetle by Friday which, says his lawyer, he will challenge together with any disciplinary action that may follow | ...
Honorary doctorate for the boy who ran away to sea Scoop Monday, 30 August 2010, 1:33 pm | Press Release: University of Waikato | Waikato honorary doctorate for the boy who ran away to sea | A seasoned mariner and inspiring business leader is to receive the University of Waikato’s highest honour. | ...
Mokoetle to respond to board letter Independent online | SABC boss Solly Mokoetle has yet to respond to a request from the broadcaster's board for reasons why he should not be suspended from the position he took up eight months ago. | "He's received the letter, he will respond," SABC spokesman Kaiser Kan...
Woolworths, Massmart cautious on SA prospects Business Report | * Woolworths FY profit up 25 percent, comp store sales up 6.7 percent | Submit your comment | Two of South Africa's largest retailers, Woolworths and Massmart, held out prospects of only a sluggish recovery in Africa's largest economy. | Woo...
HSBC in talks for 70 percent of South Africa's Nedbank in $6.8 billion deal Daily Star Lebanon | Purchase would give Europe’s biggest lender entry into growing market | Tuesday, August 24, 2010 | - Powered by | --> | David Dolan and Kelvin Soh | Reuters | JOHANNESBURG/HONG KONG: HSBC is in talks to buy up to 70 percent of South Africa’s Nedbank, in a potential $6.8 billion deal that would give Europe’s biggest lender a broader ...