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Photo of the Week

INSPIRING & INSTRUCTIVE

By: Creamer Media Reporter      13th May 2016 The story of Leicester City winning the English Premier League is as instructive as it is inspirational. Not only does it lift the spirits of underdogs the world over, but it also proves what can be achieved when honest professionals (supported by visionary owners and guided by an experienced... 

INSPIRING & INSTRUCTIVE

MONEY & ART

6th May 2016 The UK’s next 20-pound note will feature nineteenth-Century English painter JMW Turner, it was revealed last month. The Bank of England chose Turner following an unprecedented public nomination process. Above is an artist impression of the note, standing on display at the Turner Contemporary art... 

MONEY & ART

RED-HOT CRISIS

29th April 2016 The steel industry globally is in crisis. There is a glut of material, exports from countries such as China have surged, placing strain on steel industries in many other parts of the world. South Africa has already seen the closure of Highveld Steel and Vanadium, as well as parts of ArcelorMittal... 

RED-HOT CRISIS

SEEKING A BREAKTHROUGH

22nd April 2016 Physicist Stephen Hawking on stage during an announcement of the Breakthrough Starshot initiative, held in New York on April 12. At the event, investor Yuri Milner unveiled plans, supported by Hawking, to send a fleet of robot spacecraft no bigger than a cell phone to Alpha Centauri, the nearest... 

SEEKING A BREAKTHROUGH

POST-NUCLEAR WUNDERLAND

15th April 2016 The Wunderland Kalkar amusement park, north of Dusseldorf, Germany, has been built on the site of a former nuclear power plant, which never went online. The 55 ha amusement park includes a swing ride inside an old cooling tower, which has a 40 m tall climbing wall on its outside. Pictured above... 

POST-NUCLEAR WUNDERLAND

FEELING POWERLESS

8th April 2016 South Africans are all too aware of the how power cuts can drain business confidence and raise social tensions. Sadly for the citizens of Venezuela, they too are being hit hard on the electricity front. Government has been rationing electricity and water supplies for months as the country endures... 

FEELING POWERLESS

‘POT’ PLANTS

1st April 2016 In 2015, $135-million in state taxes and fees was raised from about 938 marijuana dispensaries in Colorado, in the US. Yet as the market enters its third year after legalisation, some officials question whether the newfound income outweighs the escalating social costs. Pictured above are... 

‘POT’ PLANTS

ANTI-JUNK ALLIANCE

25th March 2016 In a relatively short space of time, Finance Minister Pravin Gordhan has been able to unite business and labour into an anti-junk alliance of sorts. He led a tripartite delegation to meet investors in London, Boston and New York earlier in the month and work is under way on a series of growth... 

ANTI-JUNK ALLIANCE

VIRTUAL DRIVING

18th March 2016 Attendees try a virtual reality experience in Smart Brabus concept vehicle, manufactured by Daimler, during the 86th Geneva International Motor Show in Geneva, Switzerland. The car is the company’s smallest convertible. 

VIRTUAL DRIVING

SLOW EXTINCTION

11th March 2016 A Google logo hangs from the skeleton of Tyrannosaurus Rex inside the Googleplex headquarters in Mountain View, California, US. Google, part of Alphabet, plans on tapping into existing fibre networks in San Francisco to deliver ultra-fast internet access across the city.  

SLOW EXTINCTION

READY TO SHIP

4th March 2016 The Asia Vision liquefied natural gas (LNG) carrier docked at the Sabine Pass terminal in US State of Louisiana late last month. The arrival signals the imminent start of LNG exports as a result of the US shale boom. Once operational, Sabine Pass will be the first American LNG export terminal... 

READY TO SHIP

RIVER BUS

26th February 2016 A Thames Clipper catamaran passing the Houses of Parliament in London, UK, earlier this month. The river bus service added two new high-speed catamarans to their fleet in 2015 and the river transport network has also installed pay-as-you-go Oyster readers on all piers served by the Clippers. A... 

RIVER BUS

POUND WISE OR FOOLISH?

19th February 2016 With Britain to hold a referendum on whether or not to leave the European Union, the implications for the pound have come under the spotlight. The currency has already falling against the dollar this year and opinion is divided as to the implications of a so-called ‘Brexit’. Some believe it will... 

POUND WISE OR FOOLISH?

SUPERSIZED

12th February 2016 The Benjamin Franklin container ship, which has been made in China and is owned by French shipping group CMA CGM, will be the biggest-ever container ship to dock in the US when it is arrives at the Port of Long Beach in mid-February. It’s said to be bigger than the Empire State Building, wider... 

SUPERSIZED

HOUSEHOLD HUMANOID

5th February 2016 Pepper the humanoid robot gestures during a news conference prior to the Pepper World 2016 event in Tokyo, Japan, which took place in late January. Developed by SoftBank, Pepper is able to read stories and express a mechanical version human emotion. The company is also poised to open an... 

HOUSEHOLD HUMANOID

GOOD, CLEAN PARTNERSHIP

29th January 2016 Unilever South Africa, which produces iconic consumer brands such as the Sunlight dishwashing liquid pictured above, has teamed up with the University of the Witwatersrand on a collaborative skills development programme. The scheme, which was unveiled at its Gauteng facility earlier this month,... 

GOOD, CLEAN PARTNERSHIP

FINAL ADDRESS

22nd January 2016 After seven years as American leader, US President Barack Obama delivered his final State of the Union Address to members of the US Congress last week. Obama expressed hope in the future, asserting that “voices of unarmed truth and unconditional love” would have the final word. However, he... 

FINAL ADDRESS

PROCUREMENT TEMPLATE

15th January 2016 South Africa’s Renewable Energy Independent Power Producer Procurement Programme is arguably the one bright spot in an otherwise bleak public procurement picture. Not only has an impressive amount of solar and wind capacity been secured, but the prices have also fallen steadily. Surely, it should... 

PROCUREMENT TEMPLATE

HEAVY LIFTING

11th December 2015 A new rail-mounted gantry crane in operation at the City Deep inland port, in Gauteng, where container handling capacity has been doubled to 400 000 twenty-foot equivalent units, following an R800-million investment by State-owned Transnet. City Deep, which is situated just south of... 

HEAVY LIFTING

TEXTBOOKS TUSSLE

4th December 2015 Gauteng Education MEC Panyaza Lesufi at a Section 27 meeting held at the Morris Isaacson High School, in Soweto, to debate the #textbooksmatter campaign. The meeting took place ahead of a Supreme Court of Appeal matter brought by Basic Education for All and Section 27 into the obligation on the... 

TEXTBOOKS TUSSLE

LONG SHADOW

27th November 2015 A silhouette of US Federal Reserve chairperson Janet Yellen taken ahead of the upcoming meeting of the Federal Open Market Committee, which is scheduled for December 15 and 16. There is a strong expectation that Yellen will begin raising US interest rates, which have been held at close to zero... 

LONG SHADOW

TAXING ISSUES

20th November 2015 Judge Dennis Davis, who is leading South Africa’s Davis Tax Commission, argued that, in the context of rising demands on fiscal resources and increasing government debt, South Africa will probably need to find a way to bolster its tax revenues. However, he has also cautioned that, unless wasteful... 

TAXING ISSUES

OFFSHORE ENERGY

13th November 2015 An aerial view of wind turbines that form part of the the London Array offshore wind farm, in the Thames Estuary, where the River Thames meets the waters of the North Sea. The London Array, east of London, has 175 Siemens turbines and a capacity of 630 MW 

OFFSHORE ENERGY

ENTREPRENEURIAL ENERGY

6th November 2015 Bio2Watt’s CEO Sean Thomas on site at the company’s 4.4 MW Bronkhorstspruit Biogas Plant, in Gauteng. The project has been hailed as a biogas pioneer and is supplying electricity through the Tshwane municipality’s network to BMW South Africa’s Rosslyn factory. Thomas and his backers had to... 

ENTREPRENEURIAL ENERGY

# OF THE TIMES

30th October 2015 The #FeesMustFall protests have gripped the nation, with the campaign against planned tuition-fee increases having moved into a high gear last week outside Parliament in Cape Town, where riot police used stun grenades to disperse protesting students while Finance Minister Nhlanhla Nene delivered... 

# OF THE TIMES

BACK & FROTH

23rd October 2015 After much speculation and back-and-forth negotiations, Anheuser-Busch InBev agreed last week to buy SABMiller in a deal valued at around over R1-trillion – a record for the industry. Pictured is a bottle of Budweiser, which is brewed by Anheuser-Busch InBev. South Africans, who still jealously... 

BACK & FROTH

BEYOND OIL

16th October 2015 Nigerian President Muhammadu Buhari has indicated that the country’s 2016 Budget will prioritise actions designed to diversify economy away from its current dependence on oil and gas. Nigeria is Africa’s biggest economy and oil producer, but government has has been forced to reduce spending in... 

HIVE HEISTS

9th October 2015 Bees play an essential role in almond production. But with the nut fetching record prices, bees have also become a target for criminals. Bloomberg reports that thieves have stolen hives with as many as five-million bees in the northwest corner of Victoria State, in Australia. Pictured above is a... 

HIVE HEISTS

BOOMING IN THE BUST

2nd October 2015 Appraiser Carlos Monteiro inspects a piece of jewellery at a government-run pawnshop in Rio de Janeiro, Brazil. Business at such pawnshops is said to be booming as Brazil heads toward recessions this year and next, its longest contraction in eight decades. 

BOOMING IN THE BUST

REEF REFURBISHMENT

By: Creamer Media Reporter      25th September 2015 The first phase of Tsogo Sun’s R640-million refurbishment and expansion of the Gold Reef City complex is nearing completion. CEO Marcel von Aulock reports that the aim of the upgrade is make the complex, which houses one of Gauteng’s casinos, more family orientated in line with what the company... 

REEF REFURBISHMENT

HAPPY DAY

18th September 2015 A delighted Siyabonga Gama, the acting CEO of Transnet, boards the Blue Train following an announcement last week of a public–private partnership between the State-owned group and tourism and leisure company Sun International. A joint business plan will be developed over the coming six months,... 

HAPPY DAY

CHINA SLOWDOWN

11th September 2015 International Monetary Fund (IMF) MD Christine Lagarde said last week that the global expansion outlook was worse than the lender anticipated less than two months ago, with advanced and Asian economies growing more slowly than expected. Speaking during an IMF conference in Jakarta, Indonesia,... 

CHINA SLOWDOWN

HEAVY DUTY

4th September 2015 An average of 58-million tons of freight is carried along the N3 motorway between Heidelberg to Pietermaritzburg yearly. The N3 Toll Concession company, which entered into a 30-year toll concession contract with the South African National Roads Agency Limited in 1999, says it is continually... 

HEAVY DUTY

TRADING NATION

28th August 2015 South Korea posted a record current-account surplus of $52.4-billion for the first half of 2015. The country’s surplus for June also hit a record monthly high of $12.2-billion. Pictured above are shipping containers stacked among gantry cranes at the Busan New Port, in Busan, South Korea.  

TRADING NATION

SWEET & SCARCE

21st August 2015 A photograph of cup cakes on display at retailer Pick n Pay’s bakery training centre in Kensington, Johannesburg. Deputy President Cyril Ramaphosa and Higher Education and Training Minister Blade Nzimande visited the facility earlier this month as part of the Human Resources Development Council’s... 

SWEET & SCARCE

CORPORATE ATTRACTION

14th August 2015 The Waterfall City mixed-use development, in Gauteng’s Midrand, has attracted a suite of corporates looking to consolidate their satellite offices into a single point of presence. Attacq CEO Morné Wilken reports that companies have been attracted by the development’s high visibility, central... 

CORPORATE ATTRACTION

TOUGH-LOVE TOUR

7th August 2015 US President Barack Obama delivering remarks at an indoor stadium in Nairobi, Kenya, during his visit in late July. Obama used his first Presidential trip to his father's homeland – which was also the first visit by a sitting American President to Kenya – to assert that there was “no limit” to... 

TOUGH-LOVE TOUR

TAXING TIMES

31st July 2015 As part of a tough bail-out package, Greece has accepted sweeping tax changes, including an increase in the value-added tax rate on certain products from 13% to 23%. Pictured above is a torn Greek national flag, symbolic, arguably, of the current mood among consumers in the European country 

TAXING TIMES
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