No image available
/ 20 February 2008
Finance Minister Trevor Manuel’s 2008/09 national budget tabled in Parliament on Wednesday brings tax relief, reduced corporate taxes, financial support for Eskom’s programme to build power stations, a new electricity levy, more social spending and a boost for job creation.
No image available
/ 20 February 2008
The government will fund embattled electricity producer Eskom to the tune of R60-billion over the next five years, according to national budget documents tabled by Finance Minister Trevor Manuel on Wednesday. At the same time, it will introduce a levy in a bid to get consumers to save electricity.
No image available
/ 20 February 2008
Despite global economic turmoil, South Africa’s economy remains robust and the longer-term outlook favourable, Finance Minister Trevor Manuel said on Wednesday. "It is time for neither gloom nor panic," he said in his 2008/09 budget speech to the National Assembly.
No image available
/ 20 February 2008
A magnitude-7,5 earthquake struck Indonesia’s Aceh province on Wednesday, killing at least three people, injuring several and sending thousands fleeing their homes and offices in panic, officials and local media said. The quake struck the province that bore the brunt of the 2004 Indian Ocean tsunami.
No image available
/ 20 February 2008
More than two million people have registered as descendants of Confucius, tripling the size of the celebrated Chinese philosopher’s family tree, state media reported on Monday. The new list, which was last updated in 1930, has rocketed by more than 1,3-million, the Confucius genealogy compilation committee said.
No image available
/ 20 February 2008
Hong Kong health officials on Tuesday warned would-be slimmers not to consume parasitic worms in an attempt to lose weight following adverts for products containing worm eggs. The Health Department said there is no scientific evidence that infestation with ascaris, a parasitic worm that lives in the intestine, is a way to lose weight.
No image available
/ 20 February 2008
Australia’s postal service has increased the maximum weight for its delivery staff after struggling to attract applicants weighing less than 90kg, local media reported on Tuesday. The old limit was designed to allow "posties", as they are known here, to carry 40kg of mail on their small motorcycles for a total load of 130kg.
No image available
/ 20 February 2008
Australian Prime Minister Kevin Rudd revealed on Wednesday that he is battling the bulge, while his deputy, Julia Gillard, was stunned to be voted one of the country’s sexiest women. Rudd said it is difficult to maintain a fitness regime while coping with the responsibilities of office.
No image available
/ 20 February 2008
A group of Chinese alcohol producers is trying to overturn a ban on government officials enjoying a lunchtime tipple that has seen a fall in restaurant trade, state media reported on Wednesday. Officials in several cities in central Henan province were banned from drinking during their lunch break in an effort to improve government efficiency.
No image available
/ 20 February 2008
North Korea has been trying to ease American fears of a secret atomic weapons programme and also denies sharing nuclear technology with other countries, said the United States pointman. Christopher Hill said the North has been trying to show that equipment it purchased was not for use in a covert uranium enrichment programme.