Anonymous sources
Business Day
NUM 'losing battle' to rival at Implats - Business Day
What's happening now is quite clearly inter-union rivalry," Johan Theron, Implats group executive for people, said yesterday. A well-placed source, who declined to be named because the situation at the mine was so tense, said NUM had lost control.
Investec expects slide in earnings - Business Day
Given their guidance, I would assume there would be more write-downs," an analyst who declined to be named said. Investec's stock is the worst performing banking share on the JSE this year, falling 0,16%. Investec Limited closed at R44 and Investec plc ...
Credibility of Libor under scrutiny - Business Day
Under one option, the Bank of England's proposed Prudential Regulation Authority would take responsibility for policing the rate, said a person with knowledge of the talks who asked to remain anonymous because discussions are private.
Land-grab fears take hold in Congo - Business Day
A western diplomat, who also asked not to be named, says three potential investors have abandoned investment plans since the law was passed. Congo's government has defended the law — which offers tax breaks and preferential rates on water and ...
Standard to co-operate with Mizuho - Business Day
The nonexclusive agreement will focus on bringing more of Mizuho's Japanese clients to Africa and Standard Bank's clients to Japan, said one of the sources, both of whom declined to be identified because the information is not public.
Oliphant announces R2bn job-saving deal - Business Day
According to a UIF spokesman who did not wish to be identified, benefits of R4,2bn had been paid to 578266 beneficiaries between April last year and last month. Geoffrey Qhena, CEO of the IDC, said in the statement that the funding was targeted at ...
Sanlam to buy local JPMorgan unit with Old Mutual - Business Day
An analyst who declined to be named yesterday said Sanlam appeared to be pursuing "the right strategy" to deploy its excess capital, which included buying back its own shares. "Sanlam is a solidly run business and is very careful about where and how to ...
Facebook 'to file IPO this week' - Business Day
They asked not to be named because the plans are not public. They said the timing for the filing was still being discussed and may change. The Herald Sun yesterday reported that the filing with the US Securities and Exchange Commission may come as ...
Hope of Greek debt-swap pact today - Business Day
The two sides were in contact by telephone later in the day, said a Greek finance ministry official who declined to be identified. An IIF steering committee team of experts was in Athens and working with the government towards an agreement, he said.
NEWS ANALYSIS: SA's diplomacy fails to impress at climate talks - Business Day
It was chaos," said a diplomat from a leading country who asked not to be named. Another diplomat, who also asked not to be named, said: "SA went into this with the idea if we negotiate all through the night on the final day we would get a deal. ...
Journalism standards fail readers - Business Day
The stories are based on serious and damaging allegations about Telkom contracts made by an anonymous source. No independent substantiation of the allegations has been produced by the unnamed source or by your journalist. Telkom was asked to respond to ...
NEWS ANALYSIS: ANC turns tables on media with news analysis - Business Day
There is mischief — on the part of the journalist and the politician — when they speak off the record about party secrets, he says. The ANC Youth League is leading among ANC bodies that attract negative publicity. The league gets very little positive ...
Glencore leads in battle for Rosh Pinah - Business Day
GLENCORE International, the largest publicly traded commodities company, is emerging as the preferred bidder for the 50,04% stake in Namibia's Rosh Pinah Zinc mine held by Exxaro Resources, a source said on Friday. The offer by Glencore is favoured ...
US deficit committee talks still stalled - Business Day
"Things are being talked about in a way they have never been talked about before," said the aide, who is familiar with super committee discussions but asked not to be identified. Republicans had said they could support some tax increases in return for ...
ANC to sell gold coins to celebrate centenary - Business Day
An official at the suppliers of the gold coins, who declined to be named, said yesterday that the project would use 1000kg of gold worth R459m. The ANC gold President Jacob Zuma medallion, measuring 10cm in diameter and weighing 1kg, will be sold for ...
Secret SA oil report 'may deal blow to Zuma rivals' - Business Day
Sources in the Presidency — who asked not to be named because they were not mandated to comment on the matter — said Mr Zuma was advised by his legal team not to oppose the application and to make the report public. The paper had previously asked the ...
DA meeting will not be contentious — Mazibuko - Business Day
However, a DA member who chose to remain anonymous said the "public way" Ms Mazibuko was conducting her campaign was "threatening to tear the party apart". Traditionally, vying for leadership positions in the party was done through drumming up support ...
AOL considers merger with Yahoo - Business Day
Her departure prompted Mr Armstrong to reconsider the option, and, under one scenario now being considered, Yahoo would acquire AOL and Mr Armstrong would become CEO of the combined company, the source said. Yahoo is unlikely to be interested in a deal ...
Chinese imports hit Ceramic Industries - Business Day
An analyst who declined to be named said the results from the tile division were disappointing. "It has come under pressure, but this is a function of the market with the rand being strong at the moment. The imports make it difficult to recover costs. ...
BSkyB board in quandary over dividend payout - Business Day
The 14-person board, chaired by son James Murdoch, will tomorrow consider a one-time dividend to investors, said a person familiar with the matter, who asked not to be named. BSkyB stock dropped 17% in seven days before the hacking allegations forced ...
Skills boost for 50000 as Patel plan takes shape - Business Day
A business leader, speaking off the record, said business felt it had been steamrolled into the agreement and expressed concern that while spending 4% to 6% of payroll on training was easy for large companies it could "kill" small and medium ...
Bank 'offered Swaziland rescue funds' - Business Day
A source close to the bank said the funds were "readily available" to boost Swaziland's struggling economy. The amount was to be released only when Swaziland acceded to certain fiscal conditions, including further financial transparency and reining in ...
An edited excerpt from the report: Mbeki's R30m - Business Day
All they were shown was a third-hand allegation — an anonymous source quoting another anonymous source. The newspaper talked of a six- month investigation into the arms deal. While this produced evidence of other issues, notably problems around a ...
Paulson loses on US bank stocks - Business Day
The decline brings the fund's loss for the year to about 20%, said investors, who declined to be named as the fund is private. Sino-Forest, a Chinese tree-plantation owner, has slumped 83% since the end of last month, after Muddy Waters, an investment ...
Diamond polishing trade dying - Business Day
They refused to be identified but agreed to be interviewed saying they feared for their lives. A first industry client who has been working in the industry for more than forty years and who owns a diamond cutting and polishing company said the industry ...