Cover Story
Jul 29 2010 00:00
At the first World Food Summit held in 1974, then United States secretary of state Henry Kissinger bravely proclaimed global hunger would be eradicated by 1984. As it turned out, he was horribly wrong – as have been other politicians in the ensuing three decades who have made similarly bold political commitments that have fallen way short of the goal of providing an average of 2 000 calories to every adult daily. That’s the minimum dietary energy requirement as laid out by the United Nations Foo
Marketing & Advertising
Jul 29 2010 00:00
ARGENTINIAN AD-MAN Pablo del Campo is one of the world’s top creatives. He’s also Loerie Awards advertising chairman this year, a welcome choice who will inject an intriguing combination of Latin flair and emerging-nation realism into the proceedings. CEO of a leading Buenos Aires agency – Del Campo Nazca Saatchi & Saatchi – he’s a multiple award winner with trenchant views on the value of creative awards.
Companies & Markets
Jul 29 2010 00:00
THE MARKET MADE NO definitive pronouncements on proposals last week by the Western Cape Gambling and Betting Board to review the exclusivity of the Cape Town casino licence. Certainly, shares in Sun International – which holds the sole Cape Town casino licence in the form of GrandWest – didn’t plunge precipitously. Shares in HCI – the controlling shareholder of Tsogo Sun, which holds no fewer than three Western Cape casino licences – barely firmed.
Money clinic
Jul 29 2010 00:00
INVESTORS are consistently told it’s impossible to time the market. If we knew even remotely where “tops” and “bottoms” were, the market as we know it would cease to exist. Chartists will use technical trading methods and software to detect trends based on various factors – including momentum, volatility and turnover – to determine whether a share or index will make a new high or low.