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Following in the wake of the Concordia shipwreck I was expecting cruise specials, and here they are (different company though). Remember our cruise to Toulon, Villefranche & Pisa last year. Here's the chance for you to follow in our footsteps.

Cruise news: R12070 for 2 adults & 2 children sharing a cabin on SV07, the 14 December Sinfonia cruise from Durban to Portuguese Island

Royal Caribbean cruise specials

The most impressive thing about Royal Caribbean cruises is how child-friendly they are, but there is a world of choice, including shore excursions and onboard innovations.   Experience the onboard surf park, fly along a zip line, play basketball, speed around the in-line skating track or play a round of golf in the golf simulator (depending on the ship). Here's a range of specials on cruises (*note that your final price will be higher than those listed below, because of port charges & gratuities which are excluded). To get an official price, email cruises@southafrica.to

6 Night Western Europe Cruise from USD749pps*/ Splendour Of The Seas, Round Trip Barcelona Departures: 22 Apr 2012

Royal Caribbean International's Liberty of the Seas cruises into Toulon

4 Night Isles Of Southeast Asia Cruise from USD500pps*/ Legend Of The Seas , Round Trip Singapore  Departures: 13 Feb, 27 Feb

5 Night Short Western Med Cruise from USD479pps*/Liberty Of The Seas, Round Trip Barcelona Departure 28 Apr

7 Night Alaska Southbound Cruise from USD617pps*/Radiance Of The Seas, Seaward to Vancouver Departures 18-May, 01,15,29-June, 13,27 –July, 10,24 – Aug, 07 – Sep

7 Night Western Caribbean Cruise from USD1149pps*/Allure Of The Seas, Round trip Fort Lauderdale Departures: 6,20, May- 03,17 June- 01,15,29July - 12,26 Aug- 09,23 Sep

Villefranche-sur-Mer

 

Hotels

Iberia pilots intend to strike on the 25th, 27th and 30th.

On a Translux bus, the general limit per passenger is 30kg, all excess baggage is levied at a rate of R 5/kg.

Magaruque Island beach scene (near Vilankulo, Mozambique)

The Purple shall rule! "I flew with Mango from Cape Town to Durban on the 25th November 2011 at 17.10 and was dismayed at how the passenger near me used her cell phone after being told to shut it off as we took off. Then as we were preparing to land she delayed shutting down her laptop until made to do so but kept it on her lap during landing. And then hid her Ipod under her coat and never switched it off at all. Then began speaking loudly on her phone before we'd even touched down. Many other passengers also used their phones before they were allowed to despite being told not to. This is totally unacceptable. Either it's dangerous or not and if it is should be enforced! The cabin crew knew she was a problem and should have been more insistent and checked to see that she was doing what was required! I have another flight on Mango soon and hope this won't happen again. I have never noticed anything quiet as blatant as this before." Louisa

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The Bottom Line: As a Warren Buffett disciple my first step in valuing a company is estimating something called owner earnings, which is basically the net income of a company plus amortisation, depreciation and any other non-cash items, less an estimate of capital expenditure and increases to working capital required to allow the company to carry on producing they have historically been producing.