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/ 27 February 2006
Scientists have found that 70% of the world’s oceans appear to be free from sharks because the animals cannot live below 3 000m, raising fears about their long-term survival. This leaves sharks at greater risk of coming into contact with humans. Monty Priede, a marine biologist at the University of Aberdeen, said: ”Sharks are apparently confined to about 30% of the world’s oceans.”
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/ 27 February 2006
The Department of Environmental Affairs and Tourism will in due course be identifying ways of exploiting inshore fish and marine resources to alleviate poverty and create jobs in the fishing industry, says Minister of Environmental Affairs and Tourism Marthinus van Schalkwyk.
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/ 27 February 2006
”In reading Professor Malegapuru Makgoba’s rendition of why he has excluded me from applying for a post at the University of KwaZulu-Natal, I have felt a peculiar mixture of outrage and boredom. The outrage is easy to understand. Makgoba uses the truth like my diabetic Aunty Ivy used sugar in her last days: sparingly,” writes Ashwin Desai.
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/ 27 February 2006
Of the Cosatu respondents, 64% believed Cosatu should stay in the alliance, while 18% said the federation should go it alone.
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/ 27 February 2006
A letter sent this week to the Mail & Guardian Online heart-rendingly underscores how bad conditions are in many townships.
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/ 27 February 2006
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Democratic Alliance leader Tony Leon expects the party to win back a ”significant number” of municipalities lost to the African National Congress through floor-crossing during Wednesday’s election. Leon started a two-day whirlwind tour of ”winnable municipalities” in the province on Monday.
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/ 27 February 2006
Old Mutual South Africa, the South African subsidiary of listed insurance and financial-services group Old Mutual, has seen its operating profit grow by only 2% in 2005 due to only modest 2% growth in its life-assurance profits and a 13% reduction long-term investment return.
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/ 27 February 2006
South African industrial services group Bidvest on Monday reported diluted headline earnings per share of 350 cents for the six months ended December 2005, from 293,4 cents a year ago. Headline earnings per share were up 21,8% to 368,8 cents. The distribution per share was 21,1% higher at 162 cents.
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/ 27 February 2006
Recent media reports from Zimbabwe and in South Africa suggesting that Eskom Holdings will invest about $37-million toward the expansion and upgrade of its Zimbabwe counterpart’s power station in the north western town of Hwange are "factually incorrect," Eskom said in a statement on Sunday afternoon.
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/ 27 February 2006
London-listed financial services and insurance giant Old Mutual says it is confident that its subsidiary Nedbank is well on the road to recovery. "It’s still lagging its competitors in some regards, but we are confident of their [Nedbank’s] return," said the group’s financial director, Julian Roberts.