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South Africa

The problem with hybrid cars is that they lack outright sex appeal. Enter the Honda CR-Z: a hybrid that actually looks good. Even better, it feels every bit as keenly honed as it looks. Could this be the sport car of the future? Well, almost.

If we said “hybrid car”, what would the first words be that came to mind? Well, let’s take a guess: fuel economy and eco-friendly would be the most likely responses. But you’d also add terms like boring and sluggish to the list. Hey, it’s hard to get passionate about a Prius just because it happens to combine petrol and electric power – especially when the car itself looks dull and dumpy. However, maybe not all hybrids are created equal: if the hybrid happens to be Honda CR-Z, about which you might want to consider using words like striking, sexy and… More

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US

Once upon a time Newsweek magazine sold 4 million copies worldwide and made its owners, the Washington Post Company, healthy annual profits. That was then. It’s just been sold to a man who thinks that journalism does no harm when it’s “disciplined” and who, although he’s 91, hasn’t got a single day’s experience in the media industry.

At the beginning of the week it was supposedly sold for $1, but when Newsweek magazine was launched in New York in 1933 the initial investment capital was $2.5 million, a sum that, by the standards of the age, signaled that the backers were serious. Amongst the first stockholders was Paul Mellon, heir to the Mellon banking fortune, and his stake represented the first foray of one of America’s wealthiest families into the national journalism business. At the time, it wasn’t a bad investment. From its first issue, which featured seven news photographs on the cover – the most prominent… More

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Pretoria

Police chief Bheki Cele delivered on his promise to talk to the media about the exposé that links him with a suspiciously lucrative new rental contract and a well-connected landlord, on behalf of the police. His performance was forceful and, in keeping with the general tone these days, rather hostile to the media.

Bheki Cele is one of those unafraid of microphones. In fact he seems to love them. He spent a few minutes of his Pretoria press-conference going through the coverage the allegations had been given by various media, how 702 said this and e.tv said that. Oddly, he missed SABC3’s evening news. You almost gained the feeling he would have preferred to discuss the media, ethics and reportage, rather than the issue at hand. But he came prepared. At one point he stood up rather dramatically, with a whole folder of A4 pages, and let them fall from his hand, a… More

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World

Leila Chirayath Janah was well on her way to becoming another cog in the wheels of multinational big business. Then she decided it was wrong to let the world's poor people's massive talent go to waste.

When the Oxford Poverty and Human Development Initiative and the UN revealed a new way of measuring global poverty, it showed that there were more poor people in only eight Indian states than in all of Africa’s 26 poorest countries combined. The Multidimensional Poverty Index (MPI) created a new way of measuring deprivation and told the world that a third of the world lives in “multidimensional” poverty. Now meet the ivy league university graduate that walked out on a cushy consulting job to do something about this plague of poverty. “I was in a top-paying job, living in a beautiful… More

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South Africa

The ANC’s discussion paper on “economic transformation” sounds surprisingly capitalist – both at face-value and reading between the lines. Hard-core socialists and the pro-nationalisation lobbies are not going to be dancing with joy.

If you're a capitalist, every time you sit down to read an ANC discussion document on the economy, you might want to brace yourself with care. A glass of single malt to calm you down, a comfy chair in case you read something particularly shocking and your knees get weak, or even a copy of The Economist just to remind you that you are not alone in your beliefs. Well, the only person who might feel a bit woozy after reading the ANC’s national general council discussion document on economic transformation is Panjo, the walk-about tiger of Delmas’s, young mate.… More

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Africa

With no money, but a wealth of innovation, Bright Simons created an SMS-based system that is helping Nigeria fight a deadly onslaught of counterfeit medicines. The remedy is so successful it is now being tested in Ghana, and considered by other African states, to stem an avalanche that’s killing hundreds of thousands of people each year.

In November 2008 mothers in Nigeria wanting to alleviate their children’s teething pains were unknowingly administering poisons to their infants.  Eighty-four babies died in one of the cruellest waves of infant mortalities from fake drugs to hit the country. It lasted about six months. That time the killer was My Pikin Baby Teething Mixture, a syrup sold to combat infant teething pains, but which was fake and contained a deadly mix of diethylene glycol. More commonly known as anti-freeze, diethylene glycol is used in fridges and cars. In babies the highly toxic liquid, that looks like glycerine, causes vomiting, diarrhoea,… More

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World

Joblessness, the most pernicious and lingering legacy of the worldwide financial crisis, will be the last to improve as the world begins its glacial crawl towards recovery. And SA’s high cost of labour riddles this long walk to work with potholes.

Close to or in double digits in many parts of the developed world, including the US, it is seen in its most acute form in Spain, where it is now more than 20%. Even worse, in the category of 18 to 25 year olds, Spanish unemployment is at a nightmarish 40%. Worrying numbers indeed. The developing world has tended to fare better, where countries have the ability to soak up labour by paying relatively low wage. Unions have relatively little power and companies often get away with paying what would be deemed to be “slave-labour” rates in a western idiom.… More

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South Africa

One could ask whether large, luxury cars still have a role in a society increasingly concerned about environmental issues. And one could query their relevance at a time when a display of ostentatious wealth isn’t exactly PC. But then, what would we give our ministers to drive? Fortunately, the new Audi A8 can count more than opulence among its many talents – and as flagship cars go, it’s pretty eco-aware too.

South Africans aren’t exactly sophisticated when it comes to choosing their cars. Instead of weighing up our real requirements against the available budget, and then selecting the package that best suits our transport needs, we tend to throw all caution to the wind and base our automotive purchase decisions almost solely on emotional grounds. It’s the reason why many individuals spend more on servicing their monthly car nstalment sale agreement than on home loan repayments. In SA, you are what you drive. Our cars are not mere appliances: They are symbols of status, of achievement, of having arrived. There are… More

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Johannesburg

Could the world be seeing a resurgence of China’s great Ming dynastic empire robed in 21st century economic armour? The Chinese certainly seem to hope so.

A hundred years ago, a disintegrating China under its cloistered Manchu rulers faced the prospect of the country’s dismemberment at the hands of outsiders and the capture of its economy by those same rapacious foreigners. Foreign treaty ports, colonies and protectorates, foreign residential concessions, extra-territoriality agreements for merchants and the stationing of foreign naval flotillas and marines from Europe, Japan and America at strategic places along the Chinese coast were the order of the day. China’s declining fortunes contributed to popular uprisings such as the Boxer Rebellion, and the eventual collapse of the Manchu dynasty, a prolonged civil war and… More

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US

As hapless Tony Hayward finally got the chop from a job for which he was never really qualified, and BP reported a record-breaking $17 billion loss in the second quarter, the focus now moves to its new boss, Robert Dudley. His ascension to power proves BP has learnt the fundamental power of good PR. Now, the gargantuan company has all the chances of surviving.

The greatest environmental disaster in US history also happened to be one of the worst PR disaster of all times. Union Carbide, the Exxon Valdez, Three Mile Island, even Chernobyl pale into cosy insignificance compared to the concentrated hatred BP managed to attract after the Deepwater Horizon rig exploded on 20 April. And for many good reasons. As recently as 2005, the gigantic explosion at the Texas City Refinery, which  claimed 15 lives and more than 170 wounded, saw BP charged with safety violations and slapped with a record $50 million fine. The company also reportedly paid $1.6 billion in… More

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Online world

The global news media finds itself in a precarious position these days, and it isn't at all clear whether we will find a way to survive while still resembling the industry we're used to. But just how did we arrive at such a dangerous point in our existence?

Being a news-media executive in today's world is not typically good for one's mental health. The old world of print is heading towards Hades. Pundits’ time-frames of when those publications will reach the River Styx vary, but they all agree that it is inevitable. The very same pundits also agree that online news will completely take over, probably soon. The problem, of course, is that the dying print publications are still making up an overwhelmingly large part of any big media company's revenues, and profits (where applicable). Winner-designate, the online media, is still junior in every way and its revenue… More

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Johannesburg

As of mid-September, SA will be getting a daily dose of good news courtesy of the Gupta family, friends to Jacob Zuma. It's easy to laugh off their positive spin, but it's equally foolish to under-rate their ability to impact the market.

When the Gupta family launched The New Age in Johannesburg on Thursday night, it was with the production values of a Bollywood movie. Backdrop: the swanky Summer Place. Elegant drinks in fluted glasses waiting at the door, hushed whispers amongst journalists about the presence of President Jacob Zuma’s son Duduzane, Atul Gupta standing on the steps facing the rolling lawn, bemoaning the negativity of local press who are chasing away investment and depressing South Africa’s indigenous. The launch itself had Gupta, editor-elect Vuyo Mvoko and former minister in the presidency Essop Pahad facing a sea of journalists like a newly… More

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US

As the manic debate about the future of newspapers continues and Hurricane Social Media continues to wreak havoc, Clay Shirky believes the survival of print news is irrelevant. What everybody should be in a stew about is sustaining the civic function of journalism and the future of hard-news reportage.

If you own a media company, Clay Shirky has nothing to say to you. He’s not concerned with your imminent collapse. Rather, what worries one of the world’s top Internet thinkers is the role of “civilian journalists” and the function of employees of big news companies. “I don’t have advice to give to the companies. What matters is not the companies, what matters are the employees,” says Shirky. “When you look at a newspaper, and I spent some time doing that with a customer, taking apart a perfectly average American metro daily newspaper in a mid-sized town in the mid-West… More

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World

A quarter of a century is a long time to sustain the mystique and desirability of a nameplate. But the M3 has always counted among BMW’s adulated cars. And to celebrate its 25th, the Bavarians assembled pristine examples of all four M3 generations at the Ascari racing circuit in Spain – and announced a special, limited-edition M3 to mark the occasion.

From the air, the Spanish town of Malaga looks nothing like the holiday haven it’s famed to be. Dry and dusty, its sprawl clings to a parched seaboard, lapped by a listless Mediterranean Sea. We’ve been on the move for 18 hours now, escaping a frozen Johannesburg via Frankfurt and Zurich, to finally emerge into the hot steamy Spanish summer. But thankfully Malaga, where more people speak English than Spanish, is not our final destination. An hour’s bumpy bus ride later, a small signpost tacked to a low stone wall confirms we’ve reached Ascari. A sternly guarded security boom is… More

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Johannesburg

Having been on the brink of being sold off, after a four-year process, an important section of radio spectrum was suddenly tossed back into limbo on Wednesday. Why? Cue vigorous hand-waving. Rather ask: what does it mean to consumers? Another roadblock to better and cheaper broadband for more people.

There is a portion of the radio spectrum that is ideal for carrying high-speed internet services using relatively new technologies such as WiMax or competing fourth-generation standard LTE. In South Africa, much of that spectrum is sitting idle even while many companies are begging and pleading to get access to it, so that they can launch a new generation of internet-access services that promise cheaper, faster and more nimble connections. That spectrum was due to be sold to the highest bidder – or at least the highest bidder that complied with certain empowerment provisions and promises for geographical coverage –… More

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US

He’s famous for being Britain’s youngest national newspaper editor in over 50 years, getting punched in the face by Jeremy Clarkson, reducing dozens of contestants on America’s Got Talent to tears, and winning the US celebrity version of The Apprentice. Can Piers Morgan save CNN?

It was a perfect story for the UK’s Daily Mirror – walk around New York’s Times Square, show people a picture of British Prime Minister David Cameron and ask them to guess who it is, take down names and relevant details when they don’t get it right. The response of MTV producer Melissa France, 28, must’ve been just what the Mirror’s editors were after. "Is it Piers Morgan?” asked France. “He has the same dress sense and hairstyle. He has a know-it-all look about him too, like Piers Morgan.” The point of the piece, of course, was to show through… More

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South Africa

In the hangover after the World Cup we may fail to notice some really good news on the economic front. Well-known for their shopping prowess, South Africans have been getting back into retail therapy in recent months and the soccer gathering may have helped them spend even more.

Last week, Stats SA reported that retail sales growth for May was way ahead of expectations. And that growth came on the back of positive growth for the previous four months. This week, Famous Brands (owners of Steers, Debonairs, Mugg & Bean and Wimpy among others) reported an outstanding trading update, aided in no small measure by the World Cup. In June, the group’s sales rose 24% compared with June 2009. It is quite possible that July’s growth will be equally spectacular. To try to put this growth in perspective, it has to be seen in a seasonal context. Fast-food… More

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US

Ever since we stopped watching so much television, mankind has a trillion extra hours a year and the tools to change the world at its disposal. Now all we need is commensurate lashings of goodwill and technologies that motivate creative collaboration.

How did people create Wikipedia, YouTube, and Ushahidi, and, on a less-profound scale, Lolcats? For Clay Shirky, the answer arrived as an epiphany after a television producer said something that seriously pissed him off. Shirky was being interviewed by said TV producer to ascertain whether he was good enough for  camera fodder. He started telling the producer about the issue of Pluto and Wikipedia. A couple of years ago Pluto was declared no longer a planet, but a dwarf planet or a “plutoid” and this created manic editing, debate and conflict in the Wikipedia community. One of the world’s top… More

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US, Canada

Conrad Black, convicted fraudster and the man who was once the world’s third most powerful newspaper baron, has just been granted bail by the United States Court of Appeals. Was he wrongfully convicted? Here’s real-life theatre at its finest.

He has been likened time and again to Citizen Kane, the outsized character based on the extravagant life of media mogul William Randolph Hearst, but if the timing was such that Orson Welles could have instead made a film about Conrad Black, we may never have heard the phrase “rosebud”. Because Black, born in 1944 to George Montegu Black (the man who took EP Taylor’s Canadian Breweries and turned it into the largest brewery in North America) and Jean Elizabeth Riley (of Winnipeg’s prominent Riley clan), has lived a life that renders Hearst’s tame by comparison. According to his biographer… More

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UK

Every two years, the cream of aviation gravitates to the Farnborough Airfield, southwest of London, to hawk, gawk, buy or just bathe in the beauty of flying machines. This year's show may also serve as a gauge of the global economy.

This week-long air extravaganza now takes place at Farnborough in Hampshire, and attracts nearly 200,000 gawking visitors, besides buyers and sellers. The show is now produced by a subsidiary of the Aerospace Defence Security group. It now exists as a really big open-air showroom to tempt potential customers, investors and other end-users with the newest in military and civilian craft. Together with its rival, the Paris Airshow, Farnborough has become a key moment for the international aerospace industry to announce new developments, take orders and allow thousands of spectators to drool over the biggest, fastest, newest planes and their related… More

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South Africa

Forget the fancy brand strategists, the money-hungry spin doctors and the expensive advertising campaigns. What builds a nation’s image is policy and policy alone. Pretending anything else matters is a scam. More so - it’s stealing from the taxpayers.

“I am dumbstruck by the naiveté of governments who think that people are going to change their minds about a country they are totally indifferent to just because of some crap advertisement,” says Simon Anholt, not exactly mincing his words. Why should he? Anholt has advised the governments of South Korea, Sweden, Botswana, Germany, Netherlands, Jamaica, Tanzania, Bhutan, Ecuador, Switzerland, Slovenia and New Zealand. He counsels organisations like the United Nations, the World Economic Forum and the World Bank. He’s been described by The Economist as "one of the world's leading consultants to countries that wish to build global brands".… More

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Pretoria

The Organisation for Economic Co-operation and Development isn’t actually calling for the Tripartite Alliance to be shot, execution-style, in the back of the head. But its survey of the South African economy strongly suggests that the rate of future economic growth will depend on how well the government implements some of Cosatu’s policies – while dismantling the structures that are seeing union members earn more while young people earn nothing at all.

When the OECD talks, people tend to listen, because its research is authoritative enough to be used by the governments and corporations of its member states – and those members make up some of the biggest export markets with the biggest pools of available capital in the world. So when the OECD says South Africa is doing a good job in most policy areas, those potential investors will be pleased. And when it says that Cosatu has some good ideas but that its member unions are an obstacle to increased employment and economic growth, they will be less pleased. Not… More

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Cupertino, California

For the first time in years, Apple got real grief from the public. Problems with the iPhone 4 antenna design has made it look incompetent and uncaring. So how does Steve Jobs respond? By giving out free accessories, as expected – and saying Apple's phones are just like everybody else's. Huh?

Apple chief Steve Jobs did a couple of unusual things on Friday night (SA time) in trying to defend his company from the ridicule and pockets of anger it has, unusually, come in for in recent weeks. He provided some insight into the testing environment Apple has created for its phones; limited insight, but more detail than the company has ever made public. But in a completely unexpected move, he did something we never thought possible: Steve Jobs said that Apple makes imperfect products, likened them to those made by competitors, and implied that his customers should stop acting all… More

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World

Looks like entrepreneur and private island-owner Richard Branson is finally ready to admit it: Virgin isn’t the best possible brand name for a world-dominating empire. Because if his schnookums is going to get to launch her very own magazine with daddy’s money, guess what it’ll be called?

Maverick, that’s what. Yes, we agree that’s a pretty kick-ass name. That is, if Branson and 28-year-old medical graduate (but medical residency dropout) daughter Holly actually go ahead. They and their partners seem happy to talk about all the awesome advertisers they’ve lined up and how great the whole thing is going to be – but stop short of actually committing to the October launch date they’ve floated. As you would expect from a Branson startup, Maverick (doesn’t it just roll off the tongue) will have a gimmick: it will be available only on as an application for the iPad, initially,… More

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WASHINGTON

On Thursday, the US Congress passed a major expansion of federal financial regulation, reflecting a return to governmental wariness of financial markets after years of dewy-eyed admiration of the wonders of Wall Street's money-spinning.

The bill was pushed hard by President Barack Obama and Congressional Democrats as a serious and concrete response to the 2008 financial crisis. It passed in the Senate by a margin of 60 to 39, as Democrats picked up three Republican votes. This final vote came after almost two years of debate and lobbying over the most effective way to respond to the way financial excesses pulled the country into the worst recession since the Great Depression. The bill includes a long litany of repairs and changes to an ageing regulatory system that seems unable to keep pace with the… More

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South Africa

Sir Alec Issigonis would not be a fan of the modern Mini – the BMW-built lifestyle car that doffs an aesthetic hat to Issigonis’ tiny original, but lacks the real Mini’s packaging genius. Where does that leave the Countryman – BMW’s latest, most outrageous variation on the Mini theme? Considering its dimensions, perhaps they should have called it the Mini Maxi instead.

I saw an original Mini the other day. And it looked tiny by modern compact car standards. But those diminutive dimensions were at the very core of what made the Mini a motoring icon. It was a triumph of clever packaging and innovative engineering. It was kind of cute, too. Much of the Mini’s essence was expressed by the front-wheel drive layout, which placed the engine and transmission over the front axle, driving the front wheels. This configuration cost less to build, was more efficient, and freed up interior space. As it happened, it also allowed good traction, and offered… More

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South Africa

Patriotism is at an all-time high after the vindication of a successful World Cup. And yet, a great many people are afraid of the sunsets these days in South Africa. The Independent Marketing Council and DraftFCB are asking South Africans to keep flying the flag to sustain this “can do” spirit for the sake of nation building.

The people of South Africa are so much better than our leaders,” said John Dixon, DraftFCB’s group CEO. “We are at our worst when the agenda is dictated to us exclusively by our leaders, but we are at our best when as individuals feel we can make a difference. We need to stay positive. If we go back into the negative space that we inhabited during the lead up to the World Cup nothing will happen.” Dixon’s doing all he can to ensure that South Africans don’t return to that dark, depressive place marked by apathy, fear, desperation and hopelessness.… More

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New York, Tampa, Florida

To US baseball fans he was a saint, sinner and Beelzebub himself, the man who reinvented the New York Yankees. To the rest of the world, he will be remembered as George Constanza’s bumbling boss in Seinfeld.

George Steinbrenner, the lead partner in the purchase of the iconic New York Yankees baseball team from the television network CBS for under $10 million in 1973, when the team was on a slow, long-term decline, passed away on Tuesday at the age of 80. He had bought his share of the team with the fortune he had made in the shipbuilding industry. In the ensuing 37 years, his team won seven World Series championships and 11 league pennants, returning the franchise to its accustomed place as the sport’s premier winning team. At the time of Steinbrenner’s death, the Yankees… More

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Atlanta

This week one of CNN’s senior editors, a reporter who’s been with the broadcaster for 20 years, was fired for tweeting about her “respect” for a Hezbollah founder. The story, we think, says something about CNN’s identity crisis and the ascendancy of opinionated journalism.

It was a dumb move, any way you look at it. On Sunday morning, after hearing of the death of Grand Ayatollah Mohammed Hussein Fadlallah, a founder of Hezbollah, CNN’s senior Middle East editor Octavia Nasr decided to compose a tweet expressing her grief. Had she done it in her personal capacity, with a Twitter handle, say, like Octavacious or Nasrific, she probably would still have had her desk and salary. But she did it using her official CNN Twitter account, which kind of reflects the views of her employers, and one thing mainstream media bosses don’t like is a… More

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South Africa

There’s some competition for the 2010 “Worst media move of the year award”. There’s Julius Malema’s “bloody agents” tirade, Sepp Blatter’s let’s-arrest-good-looking-girls-in-mini-skirts moment and, of course, “don’t touch me on my studio”. Now the head of Acsa, Monhla Hlahla, joins this esteemed group.

To be fair, spinning your way out of a mess caused by a bunch of VIPs who refused to move their executive jets from King Shaka Airport on Wednesday night, costing the non-VIP working public the chance to watch a World Cup semi-final was always going to be difficult. That’s why it should have been left to a professional. But not our Hlahla. Oh no, she waded in, feet in mouth and all. And how. Her first mistake was to answer the phone. But once she had, she should have said no to 702’s John Robbie. She should have realised… More

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