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/ 24 April 2006

Two held over Goldin murders released

The two men who were arrested on Sunday night in connection with the murders of actor Brett Goldin and fashion designer Richard Bloom were released on Monday, Western Cape police said. Nine people have already been arrested and will appear in the Wynberg Magistrate’s Court on Wednesday in connection with the murders.

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/ 24 April 2006

Swazi king celebrates 20 years of rule

Africa’s last absolute monarch, King Mswati III of Swaziland, on Monday celebrated 20 years of his reign by portraying himself as the kingdom’s unifying force. The king chose to mark the 20th anniversary of his reign near the grave of his late father, King Sobhuza II, in Nhlangano, about 200km south of Mbabane.

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/ 24 April 2006

Blair pays tribute to Alan Shearer

British Prime Minister Tony Blair, a keen Newcastle United fan, paid tribute on Monday to club-legend Alan Shearer, who retired a few weeks earlier than planned owing to a knee injury. ”I should say for purposes of the record that I think he’s been a fantastic servant for Newcastle United and is a great player and a great man,” Blair said at his monthly press conference in London.

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/ 24 April 2006

Iran: US attack would end in ‘disgraceful defeat’

Iran’s defence minister warned the United States on Monday it would suffer a ”disgraceful defeat” if it took military action against the Islamic republic, the official Irna news agency reported. ”If the US chooses the military option, a disgraceful defeat worse than the failure in Tabas desert awaits them,” Mostafa Mohammad Najar said, referring to a failed US attempt in 1980 to rescue American hostages in the seized US embassy in Tehran.

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/ 24 April 2006

Olmert faces revolt over Israel coalition line-up

Ehud Olmert was facing a revolt on Monday in the ranks of his Kadima party with senior figures furious at losing out on key portfolios to Labour rivals as the new Israeli coalition government is drawn. Newspaper headlines made uncomfortable reading for the prime minister designate with a number of top Kadima candidates in last month’s election accusing him of reneging on agreements.

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/ 24 April 2006

Rebel group threatens gas development in Ethiopia

A rebel group issued a warning on Monday to companies that are looking to develop natural gas fields in a contested area of Ethiopia, saying any investment that benefits the Ethiopian government ”will not be tolerated”. The Ogaden National Liberation Front, which wants an independent state in Ethiopia for ethnic Somalis, said a pipeline ”in what is essentially a combat zone is far from reality”.

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/ 24 April 2006

Sanlam looking at GE’s UK life-insurance business

Sanlam, South Africa’s second-largest life insurer, has confirmed it is examining a possible acquisition of the United Kingdom life insurance business of General Electric (GE) as one of several opportunities for enhancing its capital efficiency. In a statement on Monday, Sanlam said, however, that its evaluation of the GE business was at an "embryonic stage".

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/ 24 April 2006

UK’s public finances in worst shape since 1994

United Kingdom’s public finances chalked up the worst deficit in 12 years during the 2005/2006 fiscal year, official data showed on Monday, dealing a blow to Finance Minister Gordon Brown’s forecasts. Economists said that the worsening state of the public purse pointed towards likely tax hikes or public-spending cuts in the near future.