• Wednesday, October 22 2014

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LEISURE PROPERTY: Buyers are back

After five years of virtually zero demand for holiday homes, which sent prices in many coastal and resort towns crashing by as much as 40% from their heyday peaks, buyers are slowly returning to the market

Top stories



Sharon Wapnick, Octodec nonexecutive chair, ranks as SA’s wealthiest woman in the Sunday Times Rich List for the fourth year running

Airbus A350 XWB: SA companies could win more manufacturing work. Picture: BUSINESS DAY

INFRASTRUCTURE: France’s southern stations

The fracas over Russia’s role in the potential new build of 9 600MW of nuclear power in SA is a storm in a teacup, says an Areva senior vice-president for sales

Azar Jammine says the fuel levy should be used for road maintenance. Picture: ROBERT TSHABALALA

FUEL PRICE: Weak rand takes toll

It is more politically acceptable to increase fuel taxes in a country that doesn’t produce oil because public understands that crude oil has to be imported and there are exchange rate considerations


Lesetja Kganyago. Picture: TREVOR SAMSON

MINI BUDGET: SA has to sell the silver

October's mini budget will be a baptism of fire for the new finance minister, writes Claire Bisseker


The Reserve Bank in Pretoria. Picture: RUSSELL ROBERTS

EDITORIAL: Zuma gives in to reason at the central bank

Lesetja Kganyago is his own man politically, on top of his game technically and a genuine leader

Money & Investing

Sanlam CEO Johan van Zyl. Picture: RUSSELL ROBERTS

SANLAM/AFROCENTRIC: Health comes to life

Sanlam’s acquisition of a 28.7% stake in AfroCentric Health is a major achievement for the insurer, which has battled to play a notable role in the health administration sector

Media & Advertising

VIDEO ON DEMAND: Viewers call the shots

Changing viewing habits are driving product innovation

Africa & International

Gogomary Oyet. Exploration awaits outcome of election.

NIGERIA — OIL & GAS: Benefits of patience

Increasing local ownership of Nigeria's oil sector will have to wait until next year


Altech Node.  Integrated entertainment and smart home console.

SMART HOMES: Master of your domain

Controlling appliances, lights and TVs using a smartphone is no longer the stuff of dreams

Cover Story

SIZWE NXASANA: Sharing the plaudits

FirstRand CEO Sizwe Nxasana is understated to the point of humility, which can be a disaster for a journalist looking for a sound bite or scoop

Cover Story

FIRSTRAND’S FOUNDERS: Leadership lessons

In an age in which state-owned enterprises are considered a drain on the fiscus, many are unaware that the IDC played a pivotal role in the formation of FirstRand

EDITOR'S NOTE: To err in maths is human

Tim Cohen asks: Why is it that the political discussion in South Africa is entirely devoid of actual, concrete mathematical calculations?

ON MY MIND: Democracy is the only way

Democracy, rather than autocracies like China, still offer the best prospects for growth and development, writes Ann Bernstein

BRUCE’S LIST: The Chancer’s Guide to Informed Conversation

Peter Bruce lists the crucial reads of the week October 20 2014


VIDEO: Cosatu threatens to halt traffic, burn tolls

The effect of tolls on Cosatu's members, and why the National Taxi Association has thrown its weight behind the union federation's campaign

VIDEO: FM looks at FirstRand’s outperformance under Sizwe Nxasana

Phakamisa Ndzamela speaks about his cover story in the Financial Mail this week, featuring interviews with FirstRand chief executive Sizwe Nxasana, Laurie Dippenaar and Paul Harris

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PwC corporate reportTop Companies 2014