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/ 5 April 2006

LeisureNet witness takes the stand

LeisureNet accused Rodney Mitchell assigned completely arbitrary values to the work in progress of an architectural firm the LeisureNet group was buying out, the Cape High Court heard on Wednesday. Architect Dawid Rabie, formerly majority shareholder in the firm Keystone was the first witness called in the trial of Mitchell.

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/ 5 April 2006

Smiles all around as Blair, Brown put on show of unity

With smiles all around and a well-timed pat on the back, the two most powerful figures in British politics made a carefully choreographed attempt on Wednesday to dispel talk of a bitter rift between them. Prime Minister Tony Blair and his heir apparent, Gordon Brown, put on a show of solidarity as they launched the start of the Labour Party’s campaign for the May 4 local-council elections.

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/ 5 April 2006

Selling your soul is just not appropriate

A 24-year-old man tried to sell his soul on China’s most popular auction website and managed to get 58 bids before operators pulled his ad, he told Agence France-Presse (AFP) on Wednesday. "It was just an impulse," the seller, who requested anonymity, said from Shanghai. The man posted the announcement on Taobao last week, asking a starting price of 10 yuan ($1,23).

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/ 5 April 2006

Volvo buys 13% of Nissan Diesel Japan

Global truck giant AB Volvo has acquired a 13% stake in truck manufacturer Nissan Diesel Japan but the transaction will leave the South African operations unchanged, the Swedish firm said in a statement on Wednesday. Following the conclusion of the deal, AB Volvo has become Nissan Diesel’s single largest shareholder with Nissan Motor retaining a 6% share.

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/ 5 April 2006

Capsized boat kills 36 in Tanzania

At least 36 people were drowned when their boat capsized during a heavy storm on Lake Victoria, Tanzanian officials said on Wednesday. Ignas Mbinga, the regional police commander for western Tanzania, said only nine people survived the accident, which occurred when heavy winds and waves swamped and caused the fishing boat to keel over.