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CEO confidence confirms signs of economic recovery

CEO confidence confirms signs of economic recovery CEO confidence is pointing to a continuing recovery in the economy. This is according to the Merchantec CEO Confidence Index released on Wednesday. The index had continued to rise by four points to 64.18 in the first quarter of 2010, recording its third consecutive quarterly gain from the 2009 second quarter low of 48.13, Merchantec said in a statement. "Coming off a low base, it is not surprising that CE ...

SPOTLIGHT: What's on - week 13

SPOTLIGHT: What's on - week 13 Easter weekend was a long one and a good rest for most of you we hope! This weekend in London, there is an array of SA male artists to choose from. The Parlotones played the Electric Ballroom last night and tonight there is more great SA music to choose from! 1. Kurt Darren headlines at Afrikhaki Catch Kurt and Arno Jordaan at the Clapham Grand this Friday, 9 April. 2. Watershed rock out at the Halfmoon ...

Author / Submitted bySue Northam

Baker leads Big Wave Award nominees

Baker leads Big Wave Award nominees South African big wave superstar Grant "Twiggy" Baker has received three nominations - more than any other surfer - for the Billabong XXL Big Wave Awards, the "Oscars" of big wave surfing. In 2009, he was the winner of two of the awards. Baker's nominations, announced on Friday, were the result of outstanding performances at the big wave hot-spot of Mavericks in California in early February. The Durban-ba ...

SA a ‘global innovation hub for 21st century’

SA a ‘global innovation hub for 21st century’ Since I became the United States Ambassador to South Africa in October 2009, I have met truly inspiring South Africans with great ideas almost every day.  I have been very impressed with South Africans’ ability to link abstract knowledge and real-world application. With such talent, it seems natural that this beautiful, vibrant country should become a global innovation hub for the 21st century. Minister of ...

House prices show further rise in growth

House prices show further rise in growth The FNB House Price Index on Tuesday showed further growth in March compared to February.Year-on-year growth accelerated from a February revised figure of 6.2 percent to a March rate of 8.6 percent. FNB's home loans strategist John Loos said in a statement this remained mostly the result of five percentage points' worth of interest rate cuts in 2008/09. It was also believed to be increasingly supported by ...

Kelly Rowland to collaborate with SA artist Jozi

Kelly Rowland to collaborate with SA artist Jozi Top South African hip-hop act Jozi will collaborate with international singer Kelly Rowland on a track in honour of the World Cup. The former Destiny's Child singer confirmed last week that she would contribute to the single entitled 'Everywhere You Go'. The song will be produced by a local record company called AS Entertainment. Rowland will also be joined on the track by local SA groups Skwatta Kamp and ...

Top SA musician takes a stand against FIFA World Cup op...

Top SA musician takes a stand against FIFA World Cup opening concert Top guitarist Vusi Mahlasela has reportedly pulled out of FIFA's controversial World Cup concert. He joins a host of local artists who are demanding that  80% of those performing at the June 10 concert should be from South Africa or Africa. International performers Shakira, The Black Eyed Peas, John Legend and Alicia Keys will headline the event, which now features only two local acts- The Parlotones and B ...

South African banks' debt rescue act

South African banks' debt rescue act Following the domestic recession of 2008/09, South Africa's banks have been coming up with innovative solutions for individuals and companies in debt distress - nursing a number of well-known firms out of insolvency, and saving thousands of homes from the auction floor. According to Auction Alliance chief executive Rael Levitt, while the incidence of officially recorded insolvencies in the country grew onl ...

Eskom says SA saved 420 MW during Earth Hour

Eskom says SA saved 420 MW during Earth Hour According to South Africa’s power utility, the country saved 420 MW on Saturday evening due to the Earth Hour initiative. This was slightly higher than the 400 MW recorded last year. Dr Steve Lennon, Eskom’s corporate services MD explained that the 420 MW translated to about four-million 100-W light bulbs or 6,7-million 60-W light bulbs switched off on Saturday. "This shows a concerted effort by about one ...

South Africa 'ready to host SKA'

South Africa 'ready to host SKA' Science and Technology Minister Naledi Pandor believes South Africa has a strong chance of winning its bid to host the Square Kilometre Array (SKA), a multi-billion rand international radio telescope that will be between 50 and 100 times more sensitive than any such instrument ever built. South Africa and Australia are competing to host the SKA, construction of which is expected to cost about €1.5-billion. ...

SA’s first comedy film will tickle your funny bone

SA’s first comedy film will tickle your funny bone Outrageous, South Africa's first ever stand-up comedy film, seems set to take South Africa by storm when it is released on Friday 9 April 2010. Filmed at the Big Top Arena at Sun International's Carnival City Casino in Brakpan, east of Johannesburg, Outrageous follows the group of comedians through a huge, no-holds barred stand-up session. At the beginning of production, the cast was given a brief that no ...

Easter Message from South African President Jacob Zuma

Easter Message from South African President Jacob Zuma Fellow South Africans, During this time of the year our diversity as a nation is strengthened by the spiritual rejuvenation that consumes two of our major faiths. Over the next few days Christians will celebrate Easter and Jews will mark the festival of Passover. As South Africans we can use this period of spiritual invigoration to reflect on how best we may contribute to the building of social cohesion. W ...

Fog project boosts water supply

Fog project boosts water supply A climatologist from the University of South Africa (Unisa) has helped develop a low cost, eco-friendly system to harvest moisture from abundant mountain fog in a water-scarce region of the Eastern Cape, and communities there are already benefiting from it. The project was successfully launched in Cabazane Village, in the rural Mount Ayliff area in the north of the province, in mid-March 2010 during the an ...

Mandela comic book wins American award

Mandela comic book wins American award A graphic novel depicting the life of Nelson Mandela has won an American award for children’s literature. Nelson Mandela: The Authorized Comic Book won the 2010 Best Book for Older Readers in the Children’s Africana Book Awards from the Outreach Council of the African Studies Association (ASA). The ASA is a non-profit corporation founded in 1957, which aims to bring together people with a scholarly and prof ...

SPOTLIGHT - What's on week 12

SPOTLIGHT - What's on week 12 Welcome to April, with April Fool’s Day safely behind us, we wish you a happy month ahead. It’s the Easter weekend which means a four day weekend to do as you please. Don’t forget to read the latest online issue of SA PROMO Magazine as well as enter some cool competitions for a hamper, book and CDs. 1. Share the spirit of the annual Oxford Cambridge Boat Race this weekend A good day out along the Thames, ...

SA signs billions worth of contracts with China

SA signs billions worth of contracts with China Twenty-six South African and Chinese companies signed contracts valued at billions of rands in Pretoria on Wednesday, the department trade and industry said. The signing ceremony, held at the Sheraton Hotel, was witnessed by Trade and Industry Minister Rob Davies and the chairman of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), Jia Qinglin.   The contracts would ...

The big one for the Bulls

The big one for the Bulls The Chiefs were beaten finalists last year and the Reds beat them badly in Brisbane two years ago, but this weekend could be the big one of their Super 14 overseas tour for the Vodacom Bulls. After opening their tour with a win that was perhaps more laboured than anticipated, the Bulls come up against a Blues team on Easter Saturday that will be on a finals footing. The Blues were impressive last week agai ...

Heineken expands in South Africa

Heineken expands in South Africa A R3.5-billion state-of-the-art brewery, owned 75% by Heineken and 25% by Diageo, officially opened in Sedibeng, south of Johannesburg last week, with expansion already under way to exploit the growth opportunities in South Africa's premium alcohol beverage market. The Sediben Brewery brews and bottles a range of premium beers - including Amstel, Heineken and Windhoek Lager - for the local market. It will ...

Ernie Els makes it two in a row

Ernie Els makes it two in a row Ernie Els scored his first win in two years when he captured the World Golf Championship at Doral. Just two weeks later, he has notched up a second PGA victory, and is now one of the favourites for the upcoming US Masters after winning the Arnold Palmer Invitational at Bay Hill. The South African star had to take a slightly longer path to victory than he would have liked after rain forced the tournament in ...

SA overtakes France in UK wine sales

SA overtakes France in UK wine sales South African wine sales in the UK have overtaken those of France for the first time, according to the latest figures from market analysts AC Nielsen. South African wine sales grew 20% by volume between January 2009 and January 2010 to 12 270 000 nine-litre cases, compared to a decline in French wine sales of 12%, to 12 266 000 nine-litre cases; growth that also saw South Africa becoming the fourth-largest ...

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