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Allister Sparks masthead

Need for ‘economic Codesa’ is now
greater than ever

An 'economic Codesa' is urgently needed if economy is to be rescued from wave of unrest, writes Allister Sparks

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    TOP STORY

    Oliphant to engage union leaders on collective bargaining issues

    Labour Minister Mildred Oliphant to host indaba on the future of collective bargaining in effort to achieve ‘labour market stability and peace’

    Politics

    • Claims of improved services decried by opposition
    • ANC ‘sidelines’ Cosatu in bid to rescue ailing unions

    Media

    • SABC presenter Mbuli hailed as patriot and ‘zealous newshound’
    • Dawes leaving Mail & Guardian for Indian paper

    Labour

    • Bank forecasts higher 2013 wage settlements
    • ‘Incredibly steep’ NUM demands shock sector

    Science & environment

    • DA warns of acid mine drainage in three more regions
    • Kirstenbosch strikes gold again at Chelsea

    Law & constitution

    • Black lawyer urges ‘excluded colleagues’ to ‘act against racism’
    • Maritime law’s little closed shop of ‘racial horrors’

    Education

    • Report highlights keys to maths skills in young children
    • Equal Education decries delays in norms and standards for schools

    Health

    • Firms are ‘ill prepared’ for malaria risks on the continent
    • Gauteng hospitals to get waste-generated backup power supply

    Opinion

    • EDITORIAL: State media influence grows
    • EDITORIAL: Ethics needed in word and in deed

    Columnists

    • No action against terror cells in South Africa
    • Tinkering with labour law no solution to conflict
  • Africa

    TOP STORY

    Mugabe signs Zimbabwe constitution into law

    New constitution clips powers of president and imposes a two-term limit. However, it does not apply retroactively so Mugabe could extend his 33 years in power by another decade

    African News

    • NEWS ANALYSIS: Top lawyer risks paying high price fighting for human rights
    • Impoverished Malawi sells presidential jet for $15m
    • Nigeria asks Niger for help against Islamist insurgents
    • Obama’s African itinerary questioned in Kenya
    • Zimbabwe’s plea for poll cash must go to Sadc, says Gordhan

    African Business

    • Zimbabwe bourse to hold IPO by year-end
    • Western Cape ventures into Africa ICT incubation hubs
    • China vice-premier set for Harare talks
    • Serviced offices in Africa ‘among dearest in world’
    • Mines chamber takes on Zimbabwean government on marketing of minerals

    African Perspectives

    • Nkrumah’s dream of African unity unfulfilled 50 years later
    • Africans march upward to economic purgatory
    • Can Africa’s lions match Asia’s tigers?
    • How Africa can deliver on its promise
    • Are good values good for business?
  • World

    TOP STORY

    Bernanke offers no hint of pullback in Fed stimulus

    US Federal Reserve needs to see further signs of traction before taking its foot off the gas, Fed chairman Ben Bernanke says

    Africa

    • Mugabe signs Zimbabwe constitution into law
    • NEWS ANALYSIS: Top lawyer risks paying high price fighting for human rights

    Europe

    • European leaders tackle tax avoidance by large companies
    • UK fiscal policy debate ‘overblown’

    Asia-Pacific

    • Foreign banks battle to crack tough Russian market
    • Bank of Japan targets bonds

    Middle East

    • Security crisis deepens in Iraq
    • Wave of attacks kills at least 79 in Iraq

    Americas

    • Bernanke offers no hint of pullback in Fed stimulus
    • School dropout’s $253m Tumblr pay day

    Opinion

    • FINANCIAL TIMES: Rethinking the ‘war on drugs’
    • What is your company’s foreign policy?

    Columnists

    • Africans march upward to economic purgatory
    • Nkrumah’s dream of African unity unfulfilled 50 years later
  • Opinion

    TOP STORY

    EDITORIAL: African Union should let the sunshine in

    The African Union is undoubtedly getting older but is it growing any wiser?

    Editorials

    • EDITORIAL: African Union should let the sunshine in
    • EDITORIAL: State media influence grows

    Columnists

    • No action against terror cells in South Africa
    • Cheer up, the rand could be even worse than it is

    BD Alpha

    • Barber’s approach is not solving economic malaise

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    • LETTER: Descent into anarchy

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  • Markets

    TOP STORY

    Global shares rise after Bernanke signals Fed will keep stimulus intact

    Federal Reserve chairman Ben Bernanke says monetary policy is still providing significant benefits and prematurely tightening it will carry substantial risks

    More News

    • Global shares rise after Bernanke signals Fed will keep stimulus intact
    • JSE ends flat despite volatile day
    • Rand recovers on consumer inflation figure

    Markets Blog

    • Spanish government between a rock and a hard place
    • Stricter rules needed to support growth of African bourses

    JSE Today

    All Share 41836.020.05% up
    Top 40 37309.670.02% up
    Financial 15 11971.78-0.24% down
    Industrial 25 47413.26-0.51% down
    Resource 10 47611.411.30% up
    All data is delayed by 15 min.
    Data supplied by I-Net Bridge

    Commodities

    Gold 1358.8700-1.10% down
    Platinum 1462.50000.38% up
    Silver 22.2729-0.79% down
    Palladium 746.50000.88% up
    Brent Crude Oil 102.520-1.34% down
    Standard Bank
    All data is delayed by 15 min.
    Data supplied by I-Net Bridge
  • Economy

    TOP STORY

    Higher-than-expected consumer inflation dashes rate cut hope

    Marginally higher-than-expected consumer price index for April of 5.9% coupled with the weaker rand bodes ill for an interest rate cut

    More News

    • All eyes on Bank after rand falls to a four-year low vs dollar
    • FW de Klerk takes swipe at ‘prophets of gloom’
    • ‘Urgent’ for SA to project positive story about its economy
    • Fall in leading indicator shows economy under pressure

    Economic Indicators

    Petrol price (95)R12.47-73c/lsame
    Repo rate5%0.0ppsame
    Prime rate8.5%0.0ppsame
    GDP (Q4 12)2.1%0.9ppsame
    CPI (April)5.9%0ppsame
    PPI (Mar)5.7%0.3ppsame
    Last updated on May 22

    Opinion

    • EDITORIAL: CEOs swell the ranks of the jobless
    • Empowerment: opening doors to black business

    Columnists

    • Need for ‘economic Codesa’ is now greater than ever
    • Cheer up, the rand could be even worse than it is
  • Business

    TOP STORY

    Appeal to give new law on fisheries more time

    Inconsistencies, omissions, obtuse language and weakening of existing legislation pepper Minister Tina Joemat-Pettersson’s proposed amendments

    Trade & Industry

    • Severe lack of supply chain skills ‘hindering trade for SA’
    • Meat group cries foul over poultry body’s secret figures
    • Clucking in chicken coop as import row hots up

    Management

    • Phaswana appointed as co-chairman at Mondi
    • How to get the leadership that we desire

    Sectors

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    Green Business

    • SA’s green jobs: how are they growing?
    • ASK THE EXPERT: Greening your suppliers
    • Gauteng hospitals to get waste-generated backup power supply

     

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  • Companies

    TOP STORY

    Michael Jordaan to step down as FNB CEO

    Michael Jordaan to step down as First National Bank CEO at the end of this year after nearly a decade at the helm

    More News

    • Mr Price reports sharply higher earnings, tighter credit control
    • Jubilee weighs offer to toll-treat platinum-bearing material
    • Mediclinic reports R740m loss for year
    • Massmart sharpens focus on back of rising sales

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  • Personal Finance

    TOP STORY

    Absa says miscalculated interest on car loan was ‘isolated error’

    South Africa’s largest retail bank overcharges customer for almost two years, by mistake

    More News

    • Retirement dream need not be a nightmare

    Columnists

    • Fame & Fortune: Oh Schucks ... all those rugby bucks
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    In Depth

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  • Life

    TOP STORY

    VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing

    The new RAV4 can go where other 4x4s can go and at a very decent price indeed, writes Alexander Parker

    Arts & Entertainment

    • JAZZ: Braamfontein a good bet for live jazz revival
    • ON THE STAGE: Hats Off

    Travel & Food

    • A new paradise found — and with tea

    Business Education

    Gadgets & Gear

    • TECHNOLOGY: New gadgets not required at the Google jamboree
    • The antisocial network is not good for the soul

    Books

    • Putting a much-needed smile into S&M
    • BOOK REVIEW: The Stuff You Can’t Bottle

    Health

    • Cancer immunotherapy medicines could rake in $35bn a year
    • Veggies: fresh versus frozen

    Motoring

    • VRROOM WITH A VIEW: A full-on Toyota 4x4 in sheep’s clothing
    • LAUNCH NEWS: Is this model a Mini too far?
  • Sport

    TOP STORY

    Golf bodies ban anchoring of putters

    Golf’s governing bodies announced on Tuesday that they will ban the anchoring of putters from 2016, but this could lead to a split among the professional ranks

    Rugby

    • Watts has chance to shine for Cheetahs in Port Elizabeth
    • Kings eye Cheetahs to avoid relegation battle

    soccer

    • Dortmund shows how to beat the odds
    • Hunt could make history with cup win

    Cricket

    • Titans take a calculated gamble with Walter
    • Court calls for India cricket probe to wrap up

    Other Sport

    • Golf bodies ban anchoring of putters
    • Matsuyama impatient to test skills on PGA Tour

     Top Stories

    • Garcia’s fried chicken jibe ‘hurtful’, says Tiger
    • There should be ramifications for referees, says Baxter
    • Springboks call up Cheetahs trio
    • Dortmund’s Goetze out of Champions League final
    • Semenya excluded from Sascoc's funding
    • Injuries force multiple changes for Stormers

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Evan Pickworth profile

Time to rethink ‘predatory’ remittance charges

by Evan Pickworth, 05 December 2012, 09:10

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  • All Share : 41836.02
    Change: 0.05%
    Top 40 : 37309.67
    Change: 0.02%
    Financial 15 : 11971.78
    Change: -0.24%
    Industrial 25 : 47413.26
    Change: -0.51%
    Resource 10 : 47611.41
    Change: 1.30%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • FTSE 100 : 6840.27
    Change: 0.54%
    Dow Jones : 15358.47
    Change: -0.19%
    Hang Seng : 23261.08
    Change: 0.00%
    ASX : 5142.10
    Change: 0.00%
    S&P 500 : 1660.160
    Change: -0.54%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • ZAR/USD : 9.5704
    Change: 0.25%
    ZAR/GBP : 14.3958
    Change: -0.50%
    ZAR/EUR : 12.2991
    Change: -0.24%
    ZAR/JPY : 0.0929
    Change: -0.29%
    ZAR/AUD : 9.2751
    Change: -0.96%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
  • Gold : 1361.8400
    Change: -0.88%
    Platinum : 1465.0000
    Change: 0.55%
    Silver : 22.3525
    Change: -0.43%
    Palladium : 747.5000
    Change: 1.01%
    Brent Crude Oil : 102.490
    Change: -1.37%
    All data is delayed by 15 min
    Data supplied by I-Net Bridge
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