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/ 28 February 2008

Sarkozy arrives in SA for state visit

French President Nicolas Sarkozy arrived in Cape Town on Thursday morning for a two-day state visit, which will include discussions with President Thabo Mbeki and top business leaders. Sarkozy was welcomed by Mbeki at Tuynhuys, where a 21-gun salute was fired in his honour while a military band played the French and South African national anthems.

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/ 28 February 2008

JSE recoups earlier losses

The gold mining index and industrials helped perk up the JSE by noon on Thursday, helping it to reverse its losses from the morning session. By noon, the JSE’s broader all share index added 0,62%. The gold mining index collected 1,86%, resources gained 0,35% but the platinum mining index pulled 0,96%.

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/ 28 February 2008

AU chief pushes ahead with Kenya talks

African Union chief and Tanzanian President Jakaya Kikwete pushed ahead on Thursday with talks to end the Kenyan political crisis. Kikwete chaired talks between President Mwai Kibaki, opposition chief Raila Odinga and former United Nations secretary general and chief mediator Kofi Annan in a fresh bid to resolve the two-month crisis.

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/ 28 February 2008

Fraud charge against Nassif withdrawn

A charge of insurance fraud against Clinton Nassif, former security head for slain mining magnate Brett Kebble, was withdrawn in the Randburg Magistrate’s Court on Thursday. ”The accused is a witness in other matters we are pursuing,” prosecutor Patrick Nkuna told the court in withdrawing the charge.

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/ 28 February 2008

Four miners killed in rockfalls this week

Four Harmony Gold mine employees died in separate incidents at the Bambanani and Elandsrand mines this week, Solidarity said on Thursday. ”Solidarity erroneously reported that another Bambanani worker, who had been admitted to the intensive care ward of the Ernst Oppenheimer Hospital in Welkom, had died. The person is recuperating,” said Solidarity.

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/ 28 February 2008

Malawi’s tea growers hope to boost prices

Low prices continue to haunt Malawian tea on the auction floors, a bitter irony for some producers as the country is regarded as the pioneer of tea-growing in Africa. Commercial production started way back in the 1880s during the British colonial era. Large tea estates have since then been a feature of the southern region of the country.

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/ 28 February 2008

Gibbs bounces back

Herschelle Gibbs, who has been going through a lean period in recent weeks, bounced back on Wednesday, making an unbeaten 74 to take the Cape Cobras to a massive seven-wicket victory over the Lions in their MTN Domestic Championship match at the Wanderers.