The National Prosecuting Authority has launched an investigation into the alleged misappropriation of millions of rands from JCI Limited and Randgold & Exploration. This follows the publication of the results of forensic investigations into a series of incidents of corporate fraud in both companies that led to combined shareholder losses of more than R1-billion.
It’s hard to beat a pocket diary: there’s still no more practical way of keeping track of where you or your kids should be, and when. But last week’s launch of Google Calendar could encourage more people to explore the possibilities of putting their schedules online.
Forcing the Department of Correctional Services to provide anti-retrovirals to Aids-infected inmates was highly opportunistic, Minister of Correctional Services Ngconde Balfour’s office said on Wednesday. Fifteen prisoners have lodged an urgent court application to compel the government to provide them with anti-retrovirals.
Arsenal boss Arsene Wenger admitted he had been left frustrated by his side’s failure to secure more than a one goal lead to take to Spain for next week’s Champions League semifinal second leg against Villarreal. A close-range strike from centreback Kolo Toure, four minutes before half-time, was all the Gunners had to show for their near total domination of the match.
Shane Warne and Stuart MacGill shared six wickets before lunch on Thursday as Australia won the second Test over Bangladesh by an innings and 80 runs to sweep the series 2-0. Bangladesh were dismissed for 304 runs in their second innings after Australia declared their first innings on 581 for four. The home side scored a paltry 197 runs in their first innings.
Lawyers need no longer address Supreme Court judges with phrases like "My Lord" and "Your Lordship," the Bar Council of India has decided, calling the terms "relics of the colonial past". Supreme Court and high court judges can now be called "Your Honour", while in lower courts presiding officers may be called "sir" or its equivalent in local languages, the Indian media reported on Thursday.
McCarthy, the automotive division of the Bidvest Group, will introduce a range of fully imported Chinese vehicles on to the South African market before the end of the first quarter of 2007. These vehicles will be imported from reputable manufacturers who are using well-proven technology.
South African retailer Pick ‘n Pay on Thursday reported a 17,1% rise in headline earnings per share to 153,02 cents for the year ended February from 130,7 cents a year ago. Diluted headline earnings per share rose to 144,92 cents from 124,84 cents before. Turnover increased by 10% to R35,1-billion.
Crisis-hit Zimbabwe on Wednesday unveiled a fresh blueprint for the recovery of the Southern African country’s comatose economy. The blueprint was formulated through the Zimbabwe National Security Council, an all-encompassing taskforce with members from both the government and the private sector.
Romano Prodi was on Wednesday night officially declared the winner of Italy’s general election, nine days after polling stations closed. But his opponent, Silvio Berlusconi, who has challenged Prodi’s right to form the next government, made no immediate acknowledgement of defeat.