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/ 11 November 2006

Zimbabwe suspends flights to London

Cash-strapped national carrier Air Zimbabwe has suspended its flights to London fearing the seizure of its planes by a European navigation agency over a ,8- million debt. Air Zimbabwe board chairperson Mike Bimha was quoted by the Herald as saying the Agency for the Safety of Air Navigation recently won a court order to impound the national carrier’s planes to recover its debt.

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/ 11 November 2006

Yengeni on weekend parole

Fraud convict Tony Yengeni — the former African National Congress chief whip — would be released on weekend parole, the Department of Correctional Services said on Friday. A few offenders per prison are released each weekend, with 22 prisoners from the Western Cape benefiting this month.

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/ 11 November 2006

World Cup chief issues stark warning

World Cup chief executive Chris Dehring told the nine venues hosting next year’s Caribbean tournament that they could be stripped of matches if their preparations are not up to scratch. The International Cricket Council (ICC) begins a tour of all the venues starting in Barbados next Wednesday, which will host the final.

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/ 11 November 2006

Tycoon buys stake in Anglo American

One of China’s wealthiest tycoons has bought an -million stake in Anglo American, a landmark deal in China’s pursuit of African resources, the Financial Times said on Saturday. Citic Pacific chairperson Larry Yung, China’s third richest man, also known as Rong Zhijian, bought 17-million shares from the Oppenheimer dynasty.

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/ 11 November 2006

Shaik to sell assets to pay legal expenses

The brother of Shaik on Friday confirmed that they would be selling the Nkobi Group’s assets to pay for legal expenses. Mo Shaik said the assets would include about R38-million that was seized by the Assets Forfeiture Unit. Schabir Shaik began his 15-year jail sentence on Thursday after being found guilty on fraud and corruption charges.

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/ 11 November 2006

Gaza defiance grows

It was not long after dawn and only a handful of fishing boats from Gaza city harbour were still out at sea. Some had come in earlier to offload the night’s sardine catch, most hadn’t bothered going out at all. Nearly all the small fleet’s wooden boats, their paint fading, lay anchored up in the harbour, as they have for most of this year.

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/ 11 November 2006

Kabila maintains lead in DRC presidential vote

Incumbent President Joseph Kabila of the Democratic Republic of Congo leads his challenger Vice-President Jean-Pierre Bemba by a three to two margin in the run-off presidential election, according to the latest partial results published on Friday. With 65% of the vote counted Kabila has 60,67% of the vote and Bemba 39,33%.

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/ 11 November 2006

Oscar-winning Jack Palance dead at 87

Jack Palance, one of Hollywood’s best-known screen villains who personified evil as a cold-blooded gunslinger in the classic western Shane, died on Friday at the age of 87. Palance, who won an Oscar for the comedy City Slickers and famously brought down the house by performing one-armed push-ups on the stage, died of natural causes, spokesperson Dick Guttman said.