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/ 13 February 2008
KwaZulu-Natal (KZN) Judge President Vuka Tshabalala said on Wednesday that he had returned all the shares in Absa Bank worth millions of rands, which were given to him by a consortium headed by businessman Tokyo Sexwale. ”I have returned the shares. That’s the end of the matter,” said Tshabalala.
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/ 13 February 2008
Lawyers for Jerome Kerviel, the rogue trader blamed by French bank Société Générale for huge losses, lodged an appeal against his detention, the Paris prosecutor’s office said on Wednesday. Kerviel placed a secret wrong-way bet on the share market that Société Générale blames for a -billion trading loss in the world’s biggest rogue trading scandal.
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/ 13 February 2008
The European Commission unveiled on Wednesday a plan to fingerprint all foreigners visiting 24 European countries. The electronic register, similar to a policy adopted by the United States after the September 11 2001 attacks could go into effect by 2015 if governments and European lawmakers agree, the European Union executive said.
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/ 13 February 2008
At least 830 of KwaZulu-Natal’s (KZN) law-enforcement officers are under investigation for a host of crimes ranging from assault through to rape and murder, figures released by the Independent Complaints Directorate (ICD) revealed on Wednesday.
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/ 13 February 2008
The Greater Kliptown Development Project is well on track, the Gauteng department of housing said on Wednesday. ”The project has, however, not been without challenges. ”During the implementation, the project experienced delays brought about by the density of the informal settlement and the slow delivery by previous contractors,” the department said.
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/ 13 February 2008
The pledge the government intends having all schoolchildren recite during morning assembly is a good start, but more is needed to instil values in children, experts said on Wednesday. The proposed pledge was unveiled by Education Minister Naledi Pandor on Tuesday.
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/ 13 February 2008
Zimbabwe’s former finance minister, Simba Makoni, pledged on Wednesday to heal the Southern African country’s wounds as he unveiled his strategy to end President Robert Mugabe’s 28-year rule in polls next month. He expressed confidence of toppling Mugabe after accusing him of engendering fear and despair.
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/ 13 February 2008
Five independent brokers have been identified as allegedly using personal client information to submit unauthorised policy applications to Liberty Life, the financial-services group said on Wednesday. Spokesperson Mandy Denton said Liberty Life had sent one forensic investigator to KwaZulu-Natal to assist police with investigations.
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/ 13 February 2008
Investigations into more than 500 000 social-welfare grants in KwaZulu-Natal have saved the taxpayer close to R520-million that would have been lost to corruption, KwaZulu-Natal Premier S’bu Ndebele said on Wednesday, delivering his State of the Province address in Pietermaritzburg.
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/ 13 February 2008
The African National Congress Youth League (ANCYL) met the South African Liquor Traders’ Association (Salta) in Johannesburg on Wednesday to discuss a proposed liquor ban on Sundays. The league proposed to ban Sunday liquor sales after its annual national executive committee’s lekgotla (meeting) two weeks ago.