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/ 23 February 2006

‘Aristide is from the past, we’re looking to the future’

The United States reacted coolly on Wednesday to prospects that former president Jean-Bertrand Aristide would return to Haiti after the election of his one-time protégé René Préval to lead the Caribbean nation. ”If we were asked, I think we would say it’s probably not a good idea. It doesn’t serve a useful purpose,” said deputy State Department spokesperson Adam Ereli.

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/ 23 February 2006

Sharks look to Kiwi help to upset Crusaders

South Africa’s Coastal Sharks will use a secret weapon as they try to reverse a wretched playing record in New Zealand against reigning champions Canterbury Crusaders in Super 14 rugby action on Saturday. The weapon is former All Blacks fly-half Tony Brown, who played 19 Tests and 83 Super 12 matches for the Otago Highlanders.

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/ 23 February 2006

PPI rises by 5,5 percent

South Africa’s producer price index (PPI) rose by 5,5% year-on-year (y/y) in January from a 5,1% y/y increase in December, Statistics South Africa said on Thursday. The PPI declined by 0,1% on a monthly basis after December’s monthly increase of 0,1%. The PPI was expected to have risen by 5,8% y/y, according to an I-Net Bridge survey of economists.

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/ 23 February 2006

SA wine industry calls for government aid

The South African wine industry, represented by the South African Wine & Brandy Company, has officially asked the government for support in regaining a competitive advantage internationally following nine years of deregulation. The call for intervention comes as the industry faces extremely difficult market conditions both locally and internationally.

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/ 23 February 2006

Man jailed after faking own death for insurance payout

An Australian businessman who faked his own death nearly six years ago in an attempt to cash in a 3,5-million Australian dollar ($2,5-million) life insurance policy was jailed on Thursday for 15 months. Harry Gordon (56) who was declared officially dead after an apparent boating accident but never received the money, was also ordered to compensate police Aus$22 000 for the costs of searching for him.