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/ 1 May 2008

Pink Floyd’s missing giant pig has landed

A giant inflatable pig that went missing from a Southern California music festival at the weekend has been found in tatters in a desert town. The pig, which has been a signature Pink Floyd stage prop since its appearance on the 1977 cover of Animals, broke away from its tethers on Sunday night at Coachella Valley Arts and Music Festival.

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/ 1 May 2008

Zuma says land reform must be speeded up

African National Congress president Jacob Zuma addressed thousands of workers at a May Day celebration in the North West on Thursday, saying that rural development was key to fighting poverty. He said access to land for subsistence farming was critical as people should be able to produce food to combat the impact of increased food prices.

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/ 1 May 2008

ANC: Power crisis a disaster-in-waiting

The current electricity crisis and the proposed huge jump in tariffs is a manifestation of a disaster-in-waiting, African National Congress (ANC) secretary general and South African Communist Party chairperson Gwede Mantashe said on Thursday. He was speaking at the May Day celebration at Curries Fountain Stadium in Durban.

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/ 1 May 2008

Nine workers dead in mine accident

Nine miners have died after an accident at the Gold Fields South Deep mine near Randfontein in Gauteng, the chief inspector of mines said on Thursday. Thabo Gazi said he received a report about the accident at about 12pm. It is believed that a conveyance in an inclined shaft fell down the shaft after the rope snapped.

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/ 1 May 2008

Zim to verify poll results amid turmoil

Zimbabwe’s electoral commission was to present candidates with initial results from a March 29 poll on Thursday, in a move that could force President Robert Mugabe into a run-off against his arch rival. More than a month after polling day, the four candidates who stood for president on March 29 have been asked to attend a verification meeting at noon.

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/ 1 May 2008

Credit crunch may be half market estimates

The scale of losses and the economic fallout from the global credit crunch may not be as bad as feared and subprime losses could end up costing less than half market forecasts, the Bank of England said on Thursday. The central bank is still concerned about the consequences of the credit crisis but Deputy Governor John Gieve said conditions could stabilise soon.