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Lars von Trier announced that he loved Bjork very much and three Iranians scooped prizes. Fiachra Gibbons reports on some of the surprises at this year’s Cannes awards ceremony.
OWN CORRESPONDENT, Johannesburg | Monday 3.30pm. A RECENT survey shows that South Africa ranks third in the South African Development Community, as far as income per capita is concerned. The statistics released by international economics consultancy Wefa Southern Africa, said that despite the country being the economic powerhouse of SADC, people on average earn more […]
THOUSANDS of extra UN troops are preparing from Monday to head to Sierra Leone, where rebels are believed to be still holding around 270 of their colleagues hostage as efforts are made to put a stop to renewed civil war in the country. The reinforcements are the result of the United Nations taking a hard […]
NELSON Mandela, chief mediator in Burundi’s peace process, held closed-door discussions on Monday with the country’s rebel groups. The office of the former president refused to say who was attending the talks, how long the meetings would last, or where they were taking place. A spokesman said no statements would be released to the press […]
ALAN FINLAY & Reuters, Johannesburg | Monday 4.00pm. THE JSE slipped lower on Monday on the back of weaker Asian markets, worse-than-expected first quarter gross domestic product data, and Friday’s dip in US markets. The all-share finished 0,60% or 43 points lower. Industrials closed down 1,28% or 104 points and financials ended 0,74% or 65 […]
ALAN FINLAY & Reuters, Johannesburg | Monday 12.30pm. THE South African economy has been more sluggish than thought for the first quarter of the year, largerly due to slumps in the agriculture, forestry and fishing sectors after this year’s high rainfalls and floods. However low growth means that interest rates are unlikely to be increased […]
THE telecommunications infrastructure of Eskom and Transnet is likely to be part of the second fixed line operator, according to Business Report. The line is expected to be up and running by 2003. The paper reports that the two state-owned entities will together own a minority stake in the new operations company. It is likely […]
ERITREAN civic groups will take to the streets early on Monday in what they say will be a “massive, peaceful” demonstration against Ethiopia’s inavasion of Eritrea and a UN arms embargo against the two warring east African nations. According to the Eritrean Civil Society Organisations, the demonstration is to “summon the attention of the international […]
IT company Didata has announced that it has won a multi-million dollar contract to build China’s first vertical industry trading portal. The first phase of the contract is valued at $1,3-million. Didata will design and maintain the business-to-business e-commerce portal for China’s household appliance industry on behalf of China Internet Capital. The entire contract is […]