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Photo of the Week

POWER POW-WOW

12th October 2012 Debate moderator Jim Lehrer, anchor of the NewsHour on PBS television, left, watches as US President Barack Obama makes a point in his first debate with Republican presidential candidate Mitt Romney. The debate took place at the University of Denver, in Colorado, on Wednesday, October 3. It... 

RADICAL RETROFIT

5th October 2012 A rear-view mirror view of the TRT, or Tactical Remote Turret, mounted on an Iklwa (Arrow) armoured vehicle, an upgraded Ratel infantry-fighting vehicle. The TRT 30 mm turret demonstrated in the photograph above is armed with a Russian 2A42 cannon. Defence company BAE Systems Land Systems South... 

IN THE HOT SEAT

28th September 2012 US Federal Reserve chairperson Ben Bernanke at the September 13 news conference, following a Federal Open Market Committee meeting in Washington, DC. The Federal Reserve said it would expand its holdings of long-term securities with open-ended purchases of $40-billion of mortgage debt a month in... 

TOWERING PRESENCE

21st September 2012 The South African Reserve Bank is using its own towering presence in downtown Pretoria to market the launch of South Africa’s new banknotes. A R34-million awareness campaign is under way for the new ‘Madiba-rand’, which will be introduced before the end of the year. The front of the notes will... 

ELECTION COUNTDOWN

14th September 2012 A delegate at the recent Democratic National Convention in Charlotte, North Carolina, in the US, wears a cowboy hat displaying pins in support of President Barack Obama. A few days earlier, Republican National Convention was wrapped up in Tampa, Florida, where Mitt Romney was confirmed as that... 

FEED-IN FRENZY

7th September 2012 A wind farm in Koriyama City, in the Fukushima Prefecture, Japan, where the government is requiring utilities to buy power from renewable energy providers at premium prices under a feed-in tariff system. As a result, investment in solar, wind and other forms of clean energy could rise to... 

LIFTING A NATION

31st August 2012 South Africa was going through arguably its darkest period since democracy in 1994. The nation was in shock and despair over the tragic events that took place at Lonmin’s Marikana mine. But the country was given a vital lift by Vernon Philander (pictured) and his Protea teammates. By winning the... 

PRE-OLYMPIC PICK-ME-UP

24th August 2012 Brazil's President Dilma Rousseff launched a $66-billion stimulus package to spur much-needed infrastructure investment, ahead of its hosting of the FIFA 2014 World Cup and the 2016 Olympics. Part of the plan involves the sale of concessions in nine highways and 12 railways. The move was taken as... 

BLACK OUTS

17th August 2012 Vendors sell vegetables at a market in New Delhi, India, after a series of failures and excessive demand knocked out power for 640-million people in northern and central India in late July and early August. Described as the world’s worst-ever blackouts, experts warn of yet more disruptions unless... 

CALM, STORM, MEDALS & STEEL

10th August 2012 The Olympic Stadium and the ArcelorMittal Orbit tower stand at the 2012 Olympic Park in London, UK. Besides the gold medals won by South Africa’s swimming sensations, Cameron van der Burgh and Chad le Clos, the Orbit also contains some steel from ArcelorMittal South Africa. Besides South African... 

GREAT (BRITAIN) GAMES

3rd August 2012 The Olympic rings illuminated while suspended from Tower Bridge, in London, the UK. The London 2012 Olympics run from July 27 to August 12. 

COAL, RAIL, POWER

27th July 2012 A Transnet Freight Rail (TFR) locomotive pulling 100 wagons through a rapid load-out facility near Ogies, in South Africa’s Mpumalanga province. TFR is aiming to haul up to 77-million tons of export coal along its corridor from Ermelo to the Richards bay Coal Terminal, in Kwazulu-Natal, by March... 

FLY PAST

20th July 2012 A B-52 Stratofortress bomber participating in the Farnborough International Air Show in Farnborough, the UK, earlier this month. The forty-eighth edition of the show, which ran from July 9 to 15, attracted over 250 000 visitors from around the world. More than 50 aircraft were on static display,... 

BANKING STORM

13th July 2012 The headquarters of Barclays, second right, pictured within the Canary Wharf business district of London, the UK, on the day the group’s CE Bob Diamond resigned. Diamond along with Barclays chairperson, Marcus Agius, and the group’s recently-appointed chief operating officer, Jerry del Missier,... 

ON THE REBOUND

6th July 2012 A stack of 100-forint coins rest on currency notes in this photograph shot in Budapest, Hungary, in late June. The forint was the world's worst performing currency in the second half of 2011. But as of last week, it was Europe's best performing unit of the year, after Hungary's government agreed... 

HUNGRY FOR GOOD NEWS

29th June 2012 A pedestrian looks at the headlines on newspapers hanging from a street kiosk in Athens, Greece, following the recent elections in the troubled country. Reports suggest that Greek voters may get rewarded for backing pro-euro parties, with European creditors set to ease bail-out terms on the... 

NO MONKEY BUSINESS

22nd June 2012 A monkey perched on a railing at the Medpui power station project site, in Lephalale, Limpopo province, as a worker awaits the arrival of President Jacob Zuma, who visited the site in early June. The R91-billion project currently has 17 000 workers on site and Zuma’s tour coincided with the... 

BEYOND THE GLOOM

15th June 2012 Despite all the talk of the prospect that a ‘fiscal cliff’ in 2013 could take the US back into recession, Berkshire Hathaway chairperson Warren Buffett said last week that he didn’t expect another American recession, unless Europe’s crisis spread. Pictured here speaking at the Economic Club of... 

TOUGH ASSIGNMENT

8th June 2012 Members of the media and employees of the Tokyo Electric Power Corporation, wearing protective suits and masks, during a site visit in late May to the Fukushima Dai-Ichi nuclear power plant. They are pictured here looking at the No 4 reactor building at the stricken facility in Okuma, in the... 

SPACE SAFARI

1st June 2012 South Africans have laid some claim to to the launch of SpaceX’s Falcon 9 rocket from Cape Canaveral, Florida, in the US, on May 22. The reason? Internet billionaire Elon Musk, who was born in Pretoria, in 1971, and matriculated at Pretoria Boys High School, leads the company. He left the country... 

MENDING FENCES

25th May 2012 New French President Francois Hollande with German Chancellor Angel Merkel, during last week’s Franco-German summit at the German Chancellory in Berlin, Germany. Hollande, who attacked the Merkel-backed austerity plan during his election campaign, said he wanted to “work together with all the... 

NEW DIRECTION

18th May 2012 Outgoing French President Nicolas Sarkozy with newly elected President Francois Hollande. During the campaign, Hollande outlined various policies that he felt would help reignite European growth. These included increasing the role of the European Investment Bank and the European Union budget to... 

AUSTERITY SHELTER SEEKERS

11th May 2012 Anti-austerity protests were the order of the day on May 1, with demonstrations held across Europe. Pictured here are protestors sheltering from the rain beneath ‘No’ banners during a demonstration on May Day in Madrid, Spain. Spain is the crucial front in Europe's battle to contain its economic... 

HONOURABLE RETIREMENT

4th May 2012 The space shuttle Discovery rides atop a National Aeronautics and Space Administration (NASA) 747 transport jet as it arrives at Dulles International Airport in Virginia April 17, 2012. Before landing, NASA wowed Washingtonians with a 45-minute flyover. Discovery, which blasted into space 39... 

WHAT HAPPENS IN VEGAS

27th April 2012 Former US General Services Administration (GSA) administrator Martha Johnson at a hearing in Washington, DC, earlier this month. Johnson resigned on April 2 following an inspector general’s report into a Las Vegas conference hosted by the GSA for its employees during 2010. The five-day event cost... 

RE-ENGINEERED MEMORIES

20th April 2012 On Tuesday April 10, 2012, 100 years to the minute after the ill-fated Titanic departed for its maiden voyage from Southampton, England, a recording of the ship’s whistle broke a minute’s silence at the dockside. People gathered to remembered the liner, as well as the some 1 500 passengers and... 

HISTORIC VICTORY

13th April 2012 Myanmar's pro-democracy leader Aung San Suu Kyi waves to supporters as she leaves the office of her National League for Democracy in Yangon. Earlier this month, the political dissident and Nobel Peace Prize recipient won a seat in parliament after an historic by-election that is testing the... 

LONG NUCLEAR SHADOWS

By: Terence Creamer     6th April 2012 Members of media in silhouette as they await for global leaders to arrive for a photograph at the 2012 Seoul Nuclear Security Summit in Seoul, South Korea, at the end of March. Speaking at the summit, US President Barack Obama said there were "still too many bad actors" in the world trying to get... 

TRANS-SHIPMENT HUB

30th March 2012 State-owned freight and logistics group Transnet plans to boost the yearly container-handling capacity of the Port of Ngqura from the prevailing 500 000 twenty-foot equivalent container units (TEUs), to two-million TEUs by 2019. At the official opening the harbour, President Jacob Zuma argued... 

REAL-ECONOMIC CONTRIBUTOR

23rd March 2012 Many South Africans were deeply saddened to learn of Tony Twine’s sudden passing on Sunday, March 11, 2012. Despite his blindness, the 57-year-old Econometrix economist never shied away from delivering visually stimulating PowerPoint presentations. He delved deeply into South Africa’s real... 

PAINFUL REFLECTIONS

16th March 2012 Kazushige Hayashi walks through puddles of water at the site of where his house stood before the March 11, 2011, earthquake and tsunami in Minamisoma City, Fukushima Prefecture, of Japan. This photograph was taken ahead of the anniversary of the terrible event, which left 15 845 dead, 3 368 of... 

MARKET IMPONDERABLES

9th March 2012 Despite ongoing concern about the state of the global economy, financial markets performed remarkably well in February. The New York Stock Exchange, pictured above, saw its index rising to a near four-year high, while Japan's Nikkei topped the key 9 800 level and logged its best February... 

LOOKING UP

2nd March 2012 BMW South Africa MD Bodo Donauer at a function held last month to announce that the luxury car manufacturer would almost double output at its Rosslyn plant, north of Pretoria, to more than 90 000 units a year, which would also lead to the creation of an additional 600 jobs. 

CLOUDY WITH A CHANCE OF

24th February 2012 Buildings in the city centre of Athens in the foreground, with the Parthenon atop Acropolis hill in the background, as clouds gather overhead. Sadly, the economic clouds have also not lifted. But German Finance Minister Wolfgang Schaeuble said earlier this month that the European Union is now... 

FREEZING ENTRY

17th February 2012 A no-entry road sign covered with hoarfrost on a roadside near the village of Sliznevo, Russia, where the air temperature dropped to below -30 °C in late January and early February. The prolonged cold spell in Europe has cut off towns, disrupted air travel, pushed up energy bills and led to the... 

SIGNING THE PLEDGE

By: Terence Creamer     10th February 2012 Congress of South African Trade Unions general-secretary Zwelinzima Vavi signing Corruption Watch’s anti-graft pledge during the recent high-profile launch of the organisation, which took place at the Women’s Gaol, at Constitution Hill, in Johannesburg. Other prominent South Africans who signed... 

STATE OF DISUNION

3rd February 2012 In his ‘State of the Union’ address to a joint session of Congress last week US President Barack Obama vowed to “fight obstruction with action” in dealing with a divided Congress, as he runs for re-election with the economy still struggling to recover. Reflecting the mood, this photograph shows... 

TURNING THE VALVE

27th January 2012 Transnet CEO Brian Molefe, left, and the State-owned freight logistics group’s chairperson, Mafika Mkwanazi, opening a valve at Jameson Park, south of Johannesburg, to allow the first diesel fuel to flow through the new multiproduct pipeline, from Durban to Gauteng. The R23-billion pipeline will... 

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