Índex per 2023-11-10 a Star

IS THAT A buffalo, ostrich, impala or crocodile on the menu? Well, is could soon become reality for many South Africans as the newly gazetted game meat strategy paper is set to transform and formalise the industry. This will enable retail outlets such as Shoprite, Pick n Pay and Checkers to stock further wildlife meat on shop shelves. Currently, only about 10% of game meat is formally marketed through retail outlets. Forestry, Fisheries and Environment Minister Barbara Creecy gazetted the Game Meat Strategy for South Africa on November 8, paving the way for its adoption by an industry keen to diversify the sources of protein available for South Africans. South Africa’s game meat prospects stem from its rich biodiversity that is also a rich attraction for international tourists.…

TRUWORTHS International’s retail sales increased 10.9% to R6.6 billion in the first 17 weeks to October 29 of its 2024 financial year after strong growth in the UK office and only a 1% increase in retail sales in Africa. Truworths Africa’s retail sales – comprising mainly of the Truworths fashion businesses in South Africa –increased by 1% to R4.4bn relative to the prior period. In the UK, in rand terms, retail sales for Office increased by 38.8% to R2.1bn, with the contribution from E-commerce sales increasing to 45% of total retail sales from 41% in the prior period. “While the group is pleased with the positive sales momentum in Office, South African consumers are expected to remain under pressure as electricity, fuel, food, borrowing and general cost of living…

ANGLOGOLD Ashanti, which yesterday reported a 3% September 2023 quarter-on-quarter increase in gold production, will pay R4.5 billion in South African taxes after it moved its head office and primary listing from South Africa to the US. The gold mining giant completed its head-office restructuring and migration from the JSE in September. It, however, said yesterday that it “remains committed to the Johannesburg Stock Exchange and A2X Markets in South Africa and the Ghana Stock Exchange in Ghana, on each of which it has maintained secondary” listings. However, the shift from SA to the US has attracted hefty tax payments in SA and in Australia. The total sum of these tax payments amounted to $286 million (R5.27 billion). In South Africa, AngloGold Ashanti will pay dividend withholding…

PPC, THE CEMENT products group, said it expected headline earnings per share (Heps) to improve between 25.5% and 26.5% for the six months to September 30, compared with the headline loss per share of 6 cents reported at the same time last year. Earnings per share (Eps) was expected to improve between 21% and 25% from the earnings loss of 30c in the last financial year. The company said in a trading statement that this difference was primarily due to the current period Eps and Heps numbers being impacted by a strong performance by PPC Zimbabwe compared to the prior period in which it had an extended kiln shutdown. In ad- dition, in the current period, PPC Zimbab- we changed its functional currency from the Zimbabwean $ to the…

You have no reason to be indoors this weekend because Sjava is hosting his second annual Imbizo concert at Carnival City’s Big Top Arena. Even if it rains, you’ll be covered because the venue is secure. Brought to you by Thikho Events and 1020 Cartel, the Imbizo is about celebrating the diverse cultures in South Africa. “Carnival City Imbizo is going to be crazy, the last time we were there it was so much fun. It’s based on tradition more than anything. We want to highlight our traditions, cultures, and beautiful attires. “That’s why even the line-up consists of artists who take pride in their cultures,” said Sjava. He added that the main purpose of this concert is to teach young people to take pride in their cultures. “We…

For obvious reasons, many of us are trying to cut back on our spending, and when looking for ways to economise, forgoing trips to restaurants and bars is an obvious place to start. But this does not mean dining out needs to be completely off the table. The good news is that there are ways to enjoy eating out without breaking the bank. We explore some tips and strategies for eating out on a budget. Check menus Before you leave the house, check restaurant menus online so that you are aware of the prices. It might be helpful to set a budget. This can help save you time and money when ordering. Go between Monday and Thursday The first few days of the week are notoriously slow for restaurants and…

Former finance minister Trevor Manuel has given a scathing diagnosis of the contributing factors to South Africa’s moribund economy and, to a larger extent, the whole of Africa’s growth. Manuel, the chairperson of Old Mutual, yesterday said there were only four things that were stifling economic growth in Africa, which had to do with the infrastructure decay, debt entrapment, weak institutions and bad policies. Manuel said another issue was that a large majority of African countries were still eligible for World Bank loans via the International Development Association, but at least 55% of African countries were debt-stressed. “Many countries in this continent now face dire straits,” he said. “The third challenge that confronts us as Africans and one that we must step up to the plate for is that our…

STARTING from today, the Menlo Park garden refuse site in Pretoria will be closed for 16 days to clear a backlog stemming from the unlawful municipal workers’ strike. This was announced by Tshwane MMC for Environment and Agriculture Management, Ziyanda Zwane, who said almost all gardens were overwhelmed because of the strike that started in July. “The City of Tshwane would like to advise Tshwane residents and clients that the Menlo Park garden refuse site located at 26th Avenue, Menlo Park, Pretoria, will be temporarily closed to clear the backlog that was created by the illegal strike,” he said. The City said the site would be returned to its normal state of operation on November 26. “The site will be open for operations on Monday, November 27, 2023. It should…

Ndongwe has done a great job balancing between his music career and his role as sound engineer for Big Brother Africa. He was born Ndongwe Jameson Shirinda at Makhasa village in Malamulele and is the ninth son of the late Shangaan music legend General MD Shirinda and his wife Dorris Chauke. Ndongwe is from a music family and grew up listening to his father’s music. General MD Shirinda is considered to be the first traditional music artist to record an album. Today, Ndongwe has been in the music industry for over 25 years. He was in a group called Miyakayaka Na Vamakwavo, formed by his brother Miyakayaka Robert Shirinda in 1996. In 1998, he was assigned as a keyboard player for the group, and while at school in 2004, he…

South African rugby player Siya Kolisi is among the athletes with the highest possible earnings from OnlyFans, with a monthly maximum of £588 346 (about R13 million). To determine how much the sexiest rugby players could potentially earn if they dropped the ball and picked up the camera, experts at Live Rugby Tickets assembled a seed list of the top 100 players in the world and examined Instagram and Cam Model Agency. It is revealed that if Kolisi were to set up OnlyFans, there could be an astounding 4 528% increase in monthly income. The Sharks star presently captains the South African national team, which he led to victory in the 2019 World Cup final, making him the first black captain of a World Cup-winning team in the tournament’s 126-year…

Kaizer Chiefs captain Itumeleng Khune said the Soweto derby is going back to its roots. The 36-year-old goalkeeper addressed the media yesterday, ahead of the DStv Premiership clash at the FNB Stadium tomorrow afternoon. Kick-off is at 3.30pm. Khune started in goals for Chiefs on Wednesday night when the Amakhosi snapped a sequence of back-to-back Premiership defeats with a 3-1 victory over Cape Town Spurs at the same venue. It also marked a personal triumph for Khune, having previously tasted seven defeats on the trot as a member of the starting side. Over the past three seasons, the Soweto derbies had invariably ended in stalemates. Khune said the spate of draws had cast doubt in the minds of fans about the Soweto derby being a crowd-pleasing spectacle. However, of…

Having caught the eye in a pre-season game, Mpilo Gumede will get his big break for the Bulls by starting in tonight’s United Rugby Championship clash against Cardiff in Wales. Kick-off is at 9.35pm, SA time. The former Sharks loose forward has been laid low by an injury over the past few weeks, but will run out at No 8 at Cardiff Arms Park in his competition debut for the Pretoria side. Gumede, who stands at 1.92m and weighs over 100kg, was signed by Jake White in the off-season and was one of the standout performers against Namibia in August. Now he will operate in a new loose trio alongside Springboks Nizaam Carr – who will captain the team tonight – and Cyle Brink. “I hope I get the…

CEO Neal Froneman is on the hunt for worthy green metals assets at a time when PGM prices are under pressure SHARES in Sibanye-Stillwater yesterday dropped after it said it had acquired US-based metals recycler Reldan Group of Companies (Reldan) for $155.4 million (R2.86 billion) as its CEO, Neal Froneman, hunts for worthy green metals assets. The shares closed 3.49% lower at R23.23 on the JSE yesterday. The deal was at an enterprise value of $211.5m, with a cash purchase consideration payable of $155.4m. Froneman is on the acquisition trail after the group, which has plat-inum group metals (PGM), gold and nickel operations in Africa, America and Europe, last week announced it had purchased a Tasmania copper mine in Australia for $10m. The company is also diversifying into…

After government promulgated onerous amendments to the Trust Property Control Act (TPCA) on December 22, 2022 (which were gazetted on December 29) and issued Regulations for its implementation on March 31, 2023, effective from April 1, 2023, trustees (often laypersons) are scrambling to comply with the new requirements. Well, that is true for those trustees who are aware of the new requirements. Those who are not aware, and those who believe the government will (similar to the introduction of other new legislation) not enforce the new legislation, may be disillusioned soon, as they may be liable for a fine of up to R10 million, or imprisonment for up to five years, or both. The hysteria caused several service providers to offer, as a solution, to have a one-off beneficial ownership…

ENTERTAINMENT group MultiChoice said yesterday that it expected its headline loss per share for the six months ended September 30 to fall by as much as 302% mainly due to foreign currency move- ments. Headline loss per share for the current period was expected to be between 229 cents and 233c lower than the previous period’s reported headline loss per share of 58c, while the loss per share for the current period was expexted to be between 248c and 252c lower than the previous period’s reported loss per share of 60c. “The expected increase in losses and headline losses per share is primarily due a sharp depreciation in local currencies against the US dollar. This primarily impacts the revaluation of US dollar denominated transponder leases and the non-quasi equity…

GENERATIONS: The Legacy is celebrating the significant contributions made by talented actors Buntu Petse, Karabo Maseko, Zizipho Buti and Rebaone Kgosimore, who have made an indelible impression as Nontle, Luyolo, Tracy and Paul, respectively. An official statement was issued about the departure of the performers. “It’s a moment of celebrating their contributions while also marking a bitter-sweet farewell,” it said. They have not only had viewers glued to their TV screens, but have carved a special place in the hearts of fans. The characters they portray will be on screen until the end of November, with a “thrilling and mind-blowing conclusion planned for their exit”. Producer and creator Mfundi Vundla said: “Buntu, Karabo, Zizipho and Rebaone, each in their own way has brought their talent and dedication to our show,…

FOLLOWING the court appearance of two Namibian nationals who allegedly stole hundreds of thousands of undeclared US currency that was hidden at President Cyril Ramaphosa’s Phala Phala farm, opposition parties are urging law enforcement agencies not to shield him from being held accountable. Ramaphosa’s then-housekeeper, Froliana Joseph, and her accomplice, Emanuwela David, appeared in the Bela Bela Magistrate’s Court on Wednesday on four counts of money laundering, conspiracy to commit housebreaking with intent to steal, and theft. A third suspect will join David and Joseph in court today. United Democratic Movement leader Bantu Holomisa said their arrest should not take the focus away from Ramaphosa, who was yet to come clean to the people of South Africa. “The important question here is where the money came from and how it…

TSHWANE mayor Cilliers Brink yesterday came under stinging criticism for being hell-bent on seeing through “a deal” with ActionSA to appoint a deputy executive mayor while the cash-strapped municipality was struggling to pay workers’ salary increases. In a contentious report tabled during a council sitting yesterday, Brink proposed a move to create a first-ever position of a deputy mayor in the City of Tshwane. The report was passed by the council in the face of opposition by political parties such as the ANC, EFF, Patriotic Alliance, Cope and the GOOD Party. Parties out of favour with the move cited the city’s ailing finances as a reason why they thought the metro wasn’t in a position to afford the deal to have an ActionSA councillor taking the reins as deputy mayor.…

THE renowned creator and creative director of the fashion house MaXhosa, Laduma Ngxokolo, has partnered with Tanqueray, a well-known alcohol brand, in an intriguing fusion of South African craftsmanship and iconic design. The innovative partnership sees the reimagining of the beloved Copa glass, a symbol of nostalgia for South African gin lovers, blending tradition with contemporary flair. Ngxokolo, known for his avant-garde approach to fashion, brings his distinctive touch to the design landscape through the lens of the Copa glass. Drawing inspiration from the rich tapestry of South African culture, he seamlessly weaves elements of tradition into a modern masterpiece that encapsulates the spirit of celebration. “I found immense inspiration in collaborating with Tanqueray to design the Copa glass. Weaving the artistry of our identity into the elegance of glassware…

The demotion of DA shadow cabinet member Ghaleb Cachalia, for his statement regarding the conflict in Gaza, is graphic proof that the DA does not support freedom of expression and will not entertain dissent. The official opposition believes in subservience. Political slavery is its motto as it is ruthless in implementing its prejudiced and imbalanced foreign policy posture. Freedom of expression and the right to free speech are the pivotal pillars on which our fragile democracy relies. Section 16 (1)(A) of the Constitution guarantees “the right to freedom of expression, which includes freedom of the press and other media”. The right to freedom of expression upholds the rights of all to express their views and opinions freely. It is essentially a right that should be promoted to the maximum…

Kaizer Chiefs interim coach Cavin Johnson is eager to guide his team to a win in the Soweto derby tomorrow and bring a positive vibe to the club. Priding themselves in the mantra of ‘love and peace’, Chiefs’ supporters have defied that tag in recent weeks, having produced violent behaviour at some matches. They pelted former coach Molefi Ntseki with missiles on three occasions this season, resulting in the club being sanctioned to play behind closed doors at the FNB Stadium on Wednesday night. Chiefs won that game against Cape Town Spurs 3-2 to produce their first victory on Johnson’s watch, as well as a huge morale boost ahead of tomorrow’s clash against bitter rivals Orlando Pirates. Kick-off is at 3.30pm. But with the derby having already sold 80 000…

From being the most talked-about prodigy in South African cricket not so long ago, Wiaan Mulder has almost become the forgotten man. That is primarily due to the overflow of white-ball cricket the Proteas have played recently. But on closer inspection, and to much surprise, Mulder was actually a starter in the last Proteas Test against the West Indies back in March at the Wanderers. In fact, Mulder opened the bowling with Kagiso Rabada in the first innings, claiming 1/40, and scored a total of 54 runs, which included a decent 42 as part of a match-winning 103-run partnership with captain Temba Bavuma. Mulder’s international career includes 12 Tests, 15 ODIs and five T20s thus far. It’s all rather middling, with him being the supporting act rather than the premier…

The good news for Mamelodi Sundowns as they look to turn the tables on Wydad Athletic Club to win the inaugural African Football League (AFL) title at Loftus Versfeld on Sunday is that the Casablanca outfit will be without influential captain Yahya Jabrane. The workaholic Moroccan international midfielder is suspended for the second leg of the final, having received his second booking in last Sunday’s first leg in Casablanca, which Wydad won 2-1. It was Jabrane who handled the ball in his own box to gift Sundowns the spot-kick that Abdelmounaim Boutouil converted, to cancel out Rivaldo Coetzee’s own goal – only for the Brazilians to allow Wydad to restore parity via substitute Anas Serrhat a few minutes later. Rulani Mokwena had lamented the fact that Jabrane was allowed to…

SEPHAKU Holdings’ (Sephold) headline earnings a share softened markedly to 7.54 cents in the six months to September 30 from 11.26c in the prior period even though revenue from cement sales was well up. Sephold, which owns Métier Mixed Concrete and which holds an investment in SepCem with Dangote Cement, saw revenue increase 19.7% to R626.6 million. Net profit after tax, however, fell to R19.7m from R26.7m in the first half of the 2023 financial year. CEO Kenneth Capes said the operating environment was subdued in the six months. Building construction works improved slightly during the first quarter of calendar 2023, but dipped in the second quarter. “Activity on civil construction projects and non-residential buildings increased. The rising cost of essential goods and services, coupled with higher interest…

Chipo Masawi-Butayi and Pauline Manyoki AMERICAN novelist Herman Melville once wrote: “It is better to fail in origi- nality than to succeed in imitation.” The quote felt apt as we review consumer habits and the annual Black Friday and Cyber Monday trade events. While it is always interesting to evaluate some of the data trends origi- nating from Covid-19 and the “work from home” trend that then moved into a post-Covid economic recovery environment, we are grappling with the question: “Are these two consumer events actually suitable for the African context?” Naturally, it is easy to assume that anything that benefits the consumer should be viewed as a win, however, when we start to unpack this question further, a few real questions arise. How healthy is the African consumer? The…

“WILL THERE be a critical egg shortage this festive season?”. This is the latest dispute between local egg producers and importers, who say the proof will be in the pudding in December. On the one side, import and export business Hume International yesterday accused local egg producers of downplaying the critical egg shortage in South Africa. The company’s managing director, Fred Hume, said yesterday that it had been reported that roughly 7.5 million commercial layer hens had been culled during the recent avian flu epidemic that hit the nation. “Assuming one hen lays around five or six eggs per week, the local market is then currently underproducing by as many as 45 million eggs per week. Yet, the public is continually told that there’s nothing to fear,” Hume said.…

Rugby World Cup heroes Makazole Mapimpi and Kurt-Lee Arendse will be among the guests of honour at the FNB Stadium for tomorrow’s Soweto Derby between Kaizer Chiefs and Orlando Pirates, the country’s biggest sporting showpiece. The two outstanding wings Mapimpi and Arendse were part of the Springbok entourage that dropped in at FNB Stadium recently for the last leg of the Gauteng World Cup Trophy Tour. The Springboks received a warm welcome in an address from Kaizer Motaung Jr, the sporting director of the Amakhosi. He said Chiefs could draw inspiration from the victorious Boks. “It is a great motivation when you see the nation winning. It has got to inspire you,” said Motaung Jr. Tomorrow’s festivities will be highlighted by a pre-match guard of honour for Kaizer Motaung senior…

LAST weekend, a video of Siya Kolisi’s wife Rachel Kolisi being hit on the head by a rugby ball went viral. The incident took place during the Cape Town leg of the Rugby World Cup trophy tour where Rachel joined her hubby on the bus as they made their way through the streets of the city. The video shows an excited fan throwing a rugby ball from a balcony overlooking the crowd. She probably hoped that the Springbok captain would catch the ball but unfortunately, it went past him and bounced off Rachel’s head instead. The look on the fan’s face as she realised what she had done was one of disbelief and horror. The woman in the viral video has now come forward to apologise to Rachel for what…

Celebrate the beauty of imperfection and differences The art of being human is beautiful and imperfect. Our beauty, which we often overlook, can be appreciated only when we closely examine the depths of our well-being. We begin to see the world and ourselves as a reflection of our true nature. We come across many apparent contradictions and many moments that the mind would call vastly imperfect. Everyone is not defined by situations but is shaped and moulded into understanding that the world is perfect, with all its imperfections. Imperfection, rather than faults, is seen as beautiful. Become interested in learning how to celebrate them. Embrace the mix of the qualities that make us intriguing. Life is worth living because struggles allow us to grow, learn, adapt and change. Let’s not…

Orlando Pirates are buzzing with confidence that they can end their Soweto derby curse in the league, given their record in high-pressure matches. Pirates are enduring a five-game losing streak against Kaizer Chiefs in the DStv Premiership, having also lost both matches last season. But they still had a memorable run under Jose Riveiro as they won three trophies – two MTN8 cups and one Nedbank Cup – and finished second in the league. And with Chiefs having failed to win any silverware in the past eight seasons, Pirates have all but matured as a collective under tense circumstances. So having mastered that art, the 48-year-old Pirates coach is confident they’ll show up at their best at FNB Stadium tomorrow afternoon. Kick-off is at 3.30pm. “When you go to a…

The Lions have lost all three of their matches in the United Rugby Championship in narrow defeats, and have been left to rue their chances in games that they could have won. Here, Morgan Bolton looks at three aspects they should consider ahead of their game against Welsh outfit the Scarlets tomorrow (7.15pm SA time kick-off). Shift into higher gear There can be no complaining regarding the set pieces of the Joburgers – they have been near perfect, especially at scrum time, but that dominance is not translating into any type of supremacy in general play. The Lions’ physicality everywhere else has simply not been good enough and far too passive. It is not a stretch to say that in all of their games so far, the Lions’ front eight…

Win at all costs. That is how the Sharks will approach their final United Rugby Championship tour match when they take on Zebre in Parma tonight. Kick-off is at 7.30pm, SA time. The Durban side have lost all three games so far this season, and are desperate to head back home with a win and their tails not completely between their legs. It’s been a dismal start to their campaign, although it’s only three rounds old, but John Plumtree’s men are keen to make inroads after their tough start. So far, they went down to two Irish powerhouses in Munster and Leinster, while falling to Welsh club Ospreys last weekend. “It’s only round four, but this is a real must-win for us, and we certainly would like some points on…

American Max Homa said he wanted to put on a show for the Sun City crowds on his Nedbank Golf Challenge debut, and he certainly did that yesterday as he claimed a share of the first-round lead in ‘Africa’s Major’. The world No 8 opened with a six-under-par 66 to share a one-stroke lead with Nicolai Hojgaard, Dan Bradbury and Vincent Norrman. Any anxiety Homa had about being rusty after a lengthy break was dispelled by his perfect start. “It was mildly shocking. I would’ve assumed I’d shoot six over rather than six under, so it was a treat,” said a surprised Homa, who never dropped a shot in the heat of round one. “It was very stress-free. This is a tricky golf course. If you’re in the fairway, I…