Innholdsfortegnelse for 2021-10-18 i Star

Edward West edward.west@inl.co.za DIPULA Income Fund on Friday proposed a scheme to consolidate its dual share structure into one, a R1 billion capital raise that will include an investment by Resilient, and the possibility of relinquishing real estate investment trust (Reit) status in the interests of reducing gearing. South Africa focused Dipula owns a sectorally and geographically diversified property portfolio, mainly in convenience and township retail, which has proven defensive in the current market. Its dual share structure comprises “A” shares that have preferential entitlement to dividends, but do not receive any residual dividends in excess of their preferential entitlement. But, according to management, its shares are “substantially illiquid,” volatile and have consistently traded at a discount to net asset value and did not correlate to the operational performance reflected…

EasyEquities Team INVESTMENT is a skill and an art which is accessible to anyone who spends a bit of time doing research and learning about the companies and products one can invest in. Be clear on your time horizon and investment objectives and do your homework before parting with your money. While the views in this article should not be seen as advice, they may assist investors to unearth a few gems. With the recent announcement by National Treasury that from November 4, “the use of imported cement will be prohibited in all government projects”, the shares in PPC surged. After years of being undercut by international providers dumping excess cheap cement into our country’s at times fragile economy, the move was seen by the market as very positive.…

The Washington Post SQUID Game is now so big that even North Korea’s propaganda machine can’t resist weighing in with an opinion on the nine-part show that Netflix just announced has become the most-watched series in its history. While the dystopian series has gripped viewers around the world with its gruesome tale of economic despair and deadly childhood-inspired games, a North Korean state-run website says the production serves to highlight the “beastly” nature of "South Korean capitalist society where mankind is annihilated by extreme competition." In a recent post, the website said Squid Game reflects an “unequal society where the strong exploit the weak”. In the series, hundreds of debt- ridden contestants, including a North Korean defector, enter the games in a bid to win a climbing, billion-dollar cash prize…

MaryAnne Isaac and Zodidi Dano maryanne.isaac@inl.co.za zodidi.dano@inl.co.za Access to good education is vital but is also costly, especially if you wish to specialise in a scarce-skilled sector or profession that is in demand. Here are bursary opportunities for matric pupils who have not yet secured tertiary study funding for 2022. 1. The Loeries Creative Future Scholarship If you can foresee yourself as a creative and you have a knack for communication and brands, why not apply for The Loeries Creative Future Scholarship? The scholarship assists talented learners from disadvantaged backgrounds to study brand communication at a tertiary institution. It covers just about everything a learner requires: fees, study material, a laptop and a travel allowance. It also offers mentorship, an internship and potential employment in the advertising and communications industry.…

GIVEN the growing need to accelerate the shift from cash to digital and card payments, coupled with the phenomenal growth of eCommerce, FNB is expanding its payments ecosystem with two industry leading SME solutions – FNB WebStore, and FNB Android Speedpoint®device. The solutions will offer a simple, easy and cost-effective way for businesses in South Africa to accept payments from customers. FNB chief executive Jacques Celliers says: “Our payments innovations are in tune with the step-change in digital adoption and preference for contactless methods of transacting among customers, while enhancing efficiency and user experience. Gordon Little, the FNB Commercial chief executive, says: “Our solutions cater for the entire business value chain, of which the ability to process convenient, hassle-free and safe payments is a key component. This will help to…

Debashine Thangevelo debashine.thangevelo@inl.co.za AT 29, British actor Freddie Highmore has not only been embraced by Hollywood, but he’s also diversified his portfolio as an actor – by wearing the hats of writer, director and executive producer on the medical drama, The Good Doctor. And he appears to be taking the challenges in his stride. During a recent Zoom interview, he unpacked his growth in front of, and behind the camera, on the show. Highmore plays a character poles apart from the ones he played to date. Cast as Dr Shaun Murphy, an autistic surgical resident, his savant abilities include a near-photographic recollection. His ability to pick up on minute details aids him greatly in proving himself to some superiors, who questioned his appointment at the San Jose St. Bonaventure Hospital.…

Lutho Pasiya lutho.pasiya@inl.co.za WHETHER it is because of ethics, the love of animals, because it is fashionable, or for health reasons, veganism has been on the rise in our country in recent years. So we decided to share a guide which explains how to classify and understand the making of vegan wines. With more and more South Africans choosing a vegan diet, they want their wines to all be vegan-friendly, and that means no animal-based products should be used in the production. Although made from grapes, not all of your favourite wines are vegan. Experts reveal this is because some wines are produced using a process called fining. Fining agents made from animal products such as gelatine or egg whites, are used to help remove tiny molecules of proteins, yeast…

Spring is finally here and with it comes warmer weather, beautiful blossoms and spring cleaning. After spending winter indoors, the time has come to open the windows and let in some light, and fresh air. This is always a good time to sort out cluttered spaces which make a home more difficult to clean, tougher to find things in and, most of all, adds to a general sense of stress in what should be a welcoming, relaxing space. While decluttering the house can be intimidating, home organising pros often say that slow and steady wins the race: a daily 10-minute declutter is often better than an overwhelming mammoth session every six months. Cleanipedia suggests the following five quick wins. With these small changes you’ll not only notice huge improvements, you…

Stuart Hess stuart.hess@inl.co.za Tomorrow’s T20 domestic match between South Western Districts and the Northerns Titans will be the first one hosted in South Africa to be open to the public post the Covid-19 pandemic. Given it’s midweek in October at 10am, it’s doubtful that 2 000 people will charge to the Kimberley Oval gates, but it’s an important first step that will hopefully motivate vaccine hesitant South Africans to get a jab (or two). South African cricket follows in the footsteps of local football which welcomed fans back to FNB Stadium in Joburg last week for the national men’s team’s World Cup qualifier against Ethiopia. As was the case at Nasrec, there’ll be strict protocols in place for those wanting to attend the play-offs of the CSA T20 Provincial Knock…

Mike Greenaway mike.greenaway@inl.co.za THE Sharks will be thrilled to hit the green grass of home today after their month-long European sojourn, but they will also be ruing their 23-17 loss to Cardiff in the tour finale which was certainly “one that got away”. The Sharks failed to hit the ground running in the match and were 17-0 down in no time. They then fought back admirably in the second half to get themselves into a position to win the game, but failed to seal the deal. But for some wayward goal-kicking, a few handling errors and some slipped tackles, they would have banked far more than a solitary losing bonus point. Coach Sean Everitt knows how close they came to finishing the tour with a flourish and he did not…

Siphelele Dludla THOUSANDS of unemployed youths were probably left shocked last week when the government’s head honchos announced that they had created more than 550 000 jobs since October 2020. The Phase 1 of the Presidential Em- ployment Stimulus Programme has apparently spent more than R12 billion assisting young people with a variety of job opportunities in 15 national depart- ments. Now, another R11bn has been earmarked for Phase 2 of the programme, and many more thousands will be joining the queue, hoping to eke out an honest living, even if temporary. The Minister in the Presidency, Mondli Gungubele, waxed lyrical, thumbing his chest that the multi-billion rand programme had been so smooth and untainted by any corruption. “Up to this point, so much money has been spent,…

Eustace Mashimbye THIS MONTH I attended the official opening of a brand-new, world-class clothing manufacturing facility – The Foschini Group (TFG) Prestige Clothing’s first in Johannesburg. It is a remarkable project on many levels. The factory is in Nugget Street in Joburg’s CBD and will hopefully provide some impetus into the regeneration of the immediate area, which is extremely run down. Secondly, it is providing training and employment specifically to hearing impaired learners from St Vincent School for the Deaf, located in Melrose, Johannesburg. So far, TFG, which is a Proudly SA member company, has admitted two intakes totalling more than 40 learners. After undergoing training, the students are now manufacturing tee shirts for Jet and items including blankets and bags for various CSI projects. The manufacturing lines are…

THE Alfeco Group School Development Drive donated a computer lab and mural to the Katlehong Engineering School of Specialisation in Manufacturing and Logistics. The lab is fully furnished with internet connectivity. The company aims to actively participate in the rise of the Fourth Industrial Revolution by prioritising the introduction and education of technology and equipping youth with computer literacy skills, higher cognitive thinking and creativity. | Tamara Mafilika…

Zodidi Dano zodidi.dano@inl.co.za EDUCATION activist Hendrick Makaneta is calling on the government to be proactive and address the tertiary fee shortfalls which land thousands of students in debt. Makaneta, who is also the deputy chairperson of the Foundation for Education and Social Justice Africa, said the government should address the shortcomings in the education sector and align the curriculum with the growing needs of the global economy before it is too late. “A degree costs more every year and it is skyrocketing above the annual inflation rate. Today a single student is expected to pay two accounts, one for historic debt and the other for current debt. A single student can owe close to R200 000, an amount which equals the annual salary of an average professional in South Africa,”…

Lutho Pasiya lutho.pasiya@inl.co.za With inspirational dishes like crispy baked kiesieblaar and wild sage smoked angelfish, chef Kobus van der Merwe is renowned for his culinary skills. Van der Merwe’s has set a new standard with the award-winning restaurant Wolfgat, that he owns. Born in the Kalahari, his story is an inspiring one of someone who fought against all odds to follow his passion of becoming a professional chef and restaurateur. Wolfgat has a string of awards under its belt. Putting Paternoster on the international culinary map, the restaurant has recently been named one of the world’s best by The World’s 50 Best Restaurants. This year’s winners were revealed at an awards ceremony in Antwerp in Belgium. The annual event sees the release of the influential World’s 50 Best Restaurants list,…

LEHLOHONOLO MASHIGO TOP hip hop South African artist Nomuzi “Moozlie” Mabena says young people should be conscious of brands that are forward looking and innovative, especially around issues of renewable energy. At the launch of Castle Lite #SwitchToRenewable campaign last week, Mabena said she was happy the brand was switching its electricity usage for brewing its beer to renewables. “Lockdown really got us thinking we should be a lot more conscious about things we do and the way we do them. Everybody knows that Castle Lite throws great events and parties, but we need to consider the impact that this has on the environment,” Mabena added. The rapper said the switch to renewable energy is important because through lockdown we’ve learnt how fragile life can be, so any step…

Sisonke Mlamla sisonke.mlamla@inl.co.za MORE than 10 SBV employees accused of colluding with criminals in cash-in-transit heists in the Western Cape were served with notices of disciplinary hearings last week. All, however, pleaded innocent, claiming they were victims and not perpetrators. Their letters of notice stated that the company wanted to establish facts regarding allegations against them. Their charge sheets accused them of being dishonest, disclosing confidential information and/or disseminated operational information... to criminals. Among the group of employees were Mzwandile Simanga and Luntu Ndika-ndika, who guarded a SBV van when a group made off with an estimated R6 million in cash while robbing their van on December 5 last year at Duma Garage in Gugulethu. At the time it was alleged a group of more than 10 suspects pounced…

Stuart Hess stuart.hess@inl.co.za IF you were to throw a stick of droëwors into the air at the T20 World Cup, it’s likely that it will land on a South African. They’re everywhere. Coaches, players, umpires and physios who can all swap a heita with a lekker. For a country that’s never actually won an ICC event, it is startling that the rest of the world enjoys calling on the expertise of South Africans to work with their cricket teams. The presence of a South African in an England side is nowadays unsurprising. Perhaps the biggest shock with the current England team is that Jason Roy is the only one. And yes there is Dawid Malan, who went to Paarl Boys and played for Boland, but he was born in Roehampton…

Zaahier Adams zaahier.adams@inl.co.za Swallows FC (1) 1 Gamildien 43 Stellenbosch FC (1) 1 Van Rooyen 45 A goal blitz shortly before half-time set up yesterday’s intriguing Premiership encounter at Dobsonville Stadium, but ultimately Swallows and Stellenbosch had to settle for a share of the points. An elementary error by the Stellies defence saw the ball bobble towards Tebogo Langerman on the Swallows left flank. The former Mamelodi Sundowns veteran picked up the loose ball and made his way down the byline before playing it across the face of the Stellenbosch goal to find an unmarked Ruzaigh Gamildien. The Swallows marksman needed no second invitation and coolly slotted the ball past Sage Stephens, who was in goal due to Stellenbosch captain and regular goalkeeper Lee Langeveldt being ruled out with…

Eshlin Vedan eshlin.vedan@inl.co.za AmaZulu face a possible but extremely difficult task to down TP Mazembe when they play the second leg of their Champions League second preliminary round tie against the Congolese giants at Stade TP Mazembe on Saturday. The teams played out a goalless draw at Moses Mabhida Stadium in Durban on Friday and there is little doubt that Mazembe would have left South Africa as the happier side. Not only did the away team not concede a goal, but AmaZulu never really threatened their goalmouth in spite of having star attackers Augustine Mulenga and Bongi Ntuli in the starting line-up. “We looked more dangerous in the second half, but it was not to be,” said coach Benni McCarthy. “They have more experience than us and they were just…

Harry Kane scored his first Premier League goal of the season as Tottenham Hotspur overcame Newcastle United 3-2 at St James’ Park yesterday to prolong the hosts’ winless run in a match that was briefly halted after a fan collapsed in the crowd. Newcastle, spurred on by a buoyant atmosphere in their first game since being taken over by a Saudi Arabia-led consortium, flew out of the traps and went ahead after just 108 seconds when Callum Wilson headed in from a Javi Manquillo cross. But the bright start soon fizzled out as Spurs hit back in the 17th minute through Tanguy Ndombele, who lashed home from the edge of the box after being played in by Sergio Reguilon. Kane gave Spurs the lead five minutes later, scoring with a…

Siphelele Dludla siphelele.dludla@inl.co.za THE NATIONAL Treasury is set to start formal talks with institutional investors in a bid to unlock at least R2 trillion in sustainable finance, towards building a more climate resilient and lower carbon economy. The Treasury on Friday published an updated version of its draft techni- cal paper, “Financing a Sustain- able Economy”, which aims to mobilise investment in sustainable development. It said that addressing climate- related risks and transitioning towards low carbon economy will require significant new resources, blending state and private capital, and access to financial markets through additional instruments. The paper serves as a foundational step towards encouraging more long-term investment in sustainable economic assets by the banking industry, retirement funds, insurance, asset management and capital markets. The Treasury said the…

James Barker Dolly Parton has many LGBTQ+ fans and has long been considered an enduring queer icon. Parton has spoken out on multiple occasions in support of LGBTQI+ rights and has also been vocal in support of marriage equality. She has also called out Christians for judging gay people, saying: “If you’re gay, you’re gay. If you’re straight, you’re straight. And you should be allowed to be how you are and who you are.” Parton’s outspoken support for the LGBTQ+ community can first be seen way back in 1991 on the album Eagle When She Flies, which features the song Family, with its lyrics: “Some are preachers, some are gay, some are addicts, drunks and strays. But not a one is turned away when it’s family.” But it is the…

UCT Online High School is looking to hire more than 300 teachers, mentors, learning coaches and general support staff across the country. The school, which launched in July as a partnership between the University of Cape Town and Cape Town-education technology company Valenture Institute, is due to ope nnext year. All available positions can be accessed via https://www.uct.ac.za/main/explore-uct/strategic-initiatives/uct-online-high-school. l Zodidi Dano…

Mary Anne Isaac maryanne.isaac@inl.co.za AMID all the matric exam prep, don’t forget to feed your body with healthy snacks and wholesome meals. Your brain will thank you. Kershnee Kallee, marketing manager of Jungle South Africa, says that it is important to have healthier options at the heart of your meal choices – even during snack time. Here are some healthy eating habits to adopt during exam season. 1. Eat breakfast Start the day on a good note with a healthy breakfast. You can eat oats for energy or eggs. Oats contain fibre, which helps keep your digestive system regular and aids in blood sugar and blood cholesterol control. Eggs contain a nutrient called choline that improves cognitive performance and memory as you age. 2. Don’t skip lunch For…

Debashine Thangevelo TWINS Darcey and Stacey Silva were so popular on TLC’s 90 Day Fiancé: Before the 90 Days that they got their own show. In fact, the second instalment of Darcey and Stacey started airing on TLC. Having enjoyed the drama – and then some – that the clothing designer entrepreneurial sisters from Middletown, Connecticut, bring, I won’t lie, I tuned in regularly to the first season. The glamour-puss sisters are close and do everything together. They live in the same building. Holiday together. Go for the same type of guy: exotic and young. They do their hair the same. Buy matching rides. Well, you get the picture. Two episodes into the new season, I’m not sure I have the willpower to keep watching anymore, though. Honestly, Darcey’s pity…

MASHUDU SADIKE mashudu.sadike@inl.co.za LIMPOPO ANC treasurer and VBS looting accused Danny Msiza seems to have turned on his co-accused, applying to the North Gauteng High Court, Pretoria, to be tried separately. Last week, 14 people, including ex-VBS officials and municipal workers, appeared in court for the pretrial. They are accused of looting more than R2.3 billion and collapsing the bank in 2018. Community groups and individuals, mostly the elderly from rural Vhembe district, had invested their savings with the bank. In court last week, Msiza’s lawyer said the separation of trial papers had been served on the State. State prosecutor Hein van der Merwe has opposed the motion for a separate trial. Van der Merwe told the court that there were outstanding issues on the part of…

Dr Thabisi Hoeane | Pretoria It is a tragedy what is happening with the country’s disgruntled war veterans if they have a valid point that the government has neglected them when they have fought for the liberation of this country. But where have these “veterans” been all along? The veterans of the so-called non-statutory forces of the ANC, PAC and other liberation movements were absorbed into the army and other security services of the country, such as the police and intelligence services, way back in the mid-1990s. Some received pensions and their children educational bursaries. After more than 20 years, where is this group from? Are they perhaps veterans who, indeed, received some compensation and subsequently fallen on hard times? If that is the case, they cannot claim…

Lehlohonolo Mashigo lehlohonolo.mashigo@inl.co.za THE OR Tambo-Soncini Social Cohesion Games are back, following a year of absence due to Covid-19 lock-down regulations. The games are an annual event where athletes aged 15 to 19 compete in a variety of sporting codes. Gauteng Sports, Arts, Culture and Recreation MEC Mbali Hlophe launched the games at the Vaal Teknorama Museum, Vereeniging, last week. This year’s games will be held over three weeks to ensure compliance with Covid -19 regulations. The sporting festivities will begin on October 23-24 with athletics, football and chess, the latter being a new sporting code in the games. Then the games will move to netball and basketball courts on October 30 and 31 with the final weekend featuring swimming. Winners will be used to select the team to represent…

Brenda Masilela and Shifaan Ryklief Former US president Bill Clinton was admitted to the University of California Irvine Medical Centre’s intensive care unit for a urinary tract infection that spread to his bloodstream, his doctors told CNN. His spokesperson, Angel Ureña, wrote on social media that Clinton was on the mend. Clinton’s condition and his release from hospital will likely be in the news in the coming days. United Kingdom World leaders are gearing up for the COP26 UN climate change summit which will be held in the Scottish industrial city of Glasgow in the UK. The summit is scheduled to run from October 31 until November 12 and will bring together world leaders, business and civil society and hopes to set out new targets under the three pillars of…

Ashfak Mohamed ashfak.mohamed@inl.co.za DESPITE losing three out of their four matches on their European tour, it’s not all “doom and gloom” for the Bulls in the United Rugby Championship. That is the view of coach Jake White following their 17-10 defeat to Edinburgh on Saturday night. After defeats to Leinster, Connacht and Edinburgh – and a lone win over Cardiff – the Bulls have now got a true taste of European competition. And that is not only about working out the opposition, but also refereeing interpretations in Europe. The first thing the Bulls players will do when they land back in South Africa today is to “get away from it all” and spend time with their families, though, according to White. “I’m going to give these guys time off –…