Leadership news1

Page 1

CEOConfidential

Sunday, January 11, 2015

updates

$50

59,000

Amount Brent crude oil per barrel has fallen below for the first time since May 2009.

Compiled by Dan Udechukwu

MotoRing

Rolls-Royce breaks sales record again in 2014

$5m

Worth of deal electricity providing firm, Kenya Power, has agreed with the engineering division of the Singaporean government and a syndicate of Chinese electrical firms.

47

Projected capacity Liverpool say they will begin work on Monday to increase Anfield from 45,500.

invEsting

Rhodes Food buys fruit juice maker Pacmar

Rhodes Food Group (Rhodes), last Wednesday said it will buy 100 per cent of fruit juice maker, Pacmar, for R165 million ($14 million) in cash. Rhodes said the acquisition presented an attractive investment opportunity which is aligned with its strategy of expanding its business through lateral extensions into product categories adjacent to its current product ranges. “Rhodes Food, with its two fruit plants situated in the Western Cape and Swaziland, respectively, produces an extensive range of fruit purees and juice concentrates which it sells to the international beverage industry,” it said last Wednesday.

tElEcommunication

Rolls-Royce Motor Cars sold a record number of cars last year, breaking through the 4,000 mark for the first time in its 111-year history BBC reports. The luxury car maker sold 4,063 cars, up 12% on last year, and marking the fifth consecutive year of record sales. Sales in the US increased by almost a third, by 40% in Europe and in the Middle East by 20%, the firm said. Its Wraith model and strong orders for its new Ghost Series II helped drive the strong performance. The firm said it sold more cars worth more than €200,000 (£157,000) than any of its rivals, with demand for bespoke customisation remaining high. “A record number of customers spent personal one-on-one time with Rolls-Royce’s Bespoke design consultants commissioning their personalised vehicles,” it said. Chief executive Torsten Muller-Otvos told the BBC’s Today programme that about 80% of its buyers were entrepreneurs and business owners, with the remainder celebrities. He said the firm’s strong performance was helped by its emphasis on ensuring a “balanced global sales picture”, meaning overall demand remained strong. He also said the firm was “mulling” creating a four-wheel drive SUV vehicle.

OCTA-PLUS

$2bn

Worth of dam project Ethiopia is executing to double its energy output by 2016

Zimbabwe welcomes fourth telecom operator

Powertel, a subsidiary of state-owned power company, Zimbabwe Electricity Supply Authority (ZESA) Holdings, has been unveiled as the southern African country’s fourth mobile network service. Currently, Zimbabwe, with a population of 13 million people, has three operating mobile phone and internet service providers. They include the pan-African giant Econet Wireless, Telecel and Netone. “This has always been Powertel’s objective to offer total telecommunications solutions to Zimbabwe and Africa at large,” said Powertel’s marketing manager, Prosper Mutswiri.

EnErgy A month before the start of the financial crisis, the Bank of England was apparently unaware of impending trouble, new documents reveal.

McDonald’s apologises after a human tooth and other objects were found in its food in Japan in the last year.

SacOil begins development of oil fields in Sinai, Egypt

South Africa-based independent Africa oil and gas firm, SacOil, last Tuesday said, through its subsidiary Mena International Petroleum Company Limited (Mena), that it has started with field development operations at its 100 percent-owned Lagia oil field in Sinai, Egypt. It said Mena had contracted Schlumberger Egypt, a global oil field services firm, to conduct an initial phase of development, which includes the hydraulic stimulation of the Lagia 6,7,8,9 and 10 wells. This should specifically target the intersected productive Nukhul geological formation, SacOil said.

tEchnology

Motorola heads back into China’s smartphone market

Motorola has announced it will re-enter the Chinese smartphone market from February with at least three products. China is one of the world’s biggest and fastest growing smartphone markets. Motorola’s phone business had retreated from the mainland in 2013 after it came under Google’s ownership.

HUB-WORDS

Can you work out which eight numbers correspond with the letters A-H on the Octa-Plus diagram? No two numbers are the same. Each number is a whole number and no number is less than 1 or greater than 50. 1. B minus E is either 14 or 15. 2. C is a quarter of B. 3. F is a seventh of E. 4. D is half of B. 5. G is H plus C. 6. A third of E is a whole number and odd. 7. H is a third of D. 8. A is 150 minus the sum of the other seven numbers.

How many words can you make from the letters in the wheel? Each word must contain the hub letter B. Can you find a 9-letter word and at least 20 other words of four letters or more avoiding proper nouns?

LAST Week’S SOLUTiOnS

OCTA-PLUS All the numbers are whole numbers (intro), G is an even number (clue 2) and F is an odd number (clue 7), so G minus F is 11. C is a ninth of F (5). No number is greater than 45 (intro), so C is 1 and F is 9. G is 20 (1 and above). E is 5 (2) and H is 4 (3). B is 45 (4). D is 25 (6). A is 41 (8).

HUB-WORDS

9-letter word - GLADIATOR Some other words of five letters or more containing the hub letter R: agora, altar, aorta, argal, argot, aroid, artal, atria, goral, grail, griot, groat, laird (Scot), largo, radio, raita, ratio, riata, taira, tiara, trail, triad, triala, aortal, argali, atrial, lariat, latria, radial, tailor.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.