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/ 10 November 2003

Rand holds steady under R7/$ level

The rand was still trading below the R7 per dollar level in late afternoon trade on Monday, capitalising on the euro’s recovery against the dollar after a six-week worst level against the United States unit on Friday. The rand frequently takes its cue from the euro, gaining or losing in tandem against the dollar.

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/ 10 November 2003

WWF: Don’t tame the Wild Coast

Conservation bodies have strongly criticised plans to mine heavy metals and build a toll road along part of the Eastern Cape’s Wild Coast, calling for a rethink before government gives the go-ahead. The World Wildlife Fund said projects ”pose an inherent threat to the region’s natural environment and its people”.