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/ 24 January 2008
Unseeded Frenchman Jo-Wilfried Tsonga stunned second seed Rafael Nadal with an unbelievable display of tennis to storm into the final of the Australian Open on Thursday. In an astonishing performance of clean winners and aces, the 38th-ranked Tsonga claimed his fourth seeded scalp of the tournament, winning 6-2, 6-3, 6-2.
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/ 24 January 2008
Southern Africa must improve its warning systems in order to minimise the impact of the flooding that has displaced tens of thousands of people in the region since December, a senior official has warned. Tomaz Salomao, executive secretary of the 14-nation Southern African Development Community, was speaking after a tour of flood-hit districts.
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/ 24 January 2008
The admission by French bank Société Générale on Thursday that a single trader had defrauded it of €4,9-billion ($7,15-billion) is just the latest example of how a rogue operator can blow a huge chunk of a company’s assets sky high. What rogue bankers have in common is that they are experts in making money.
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/ 24 January 2008
Global share prices rocketed on Thursday, though fears of an economic slowdown lingered as Société Générale revealed a massive €4,9-billion fraud-related loss it attributed to one of its traders. Europe’s leading share indices surged in morning deals, with gains of between 4% and more than 5% after a recovery on the Japanese market.
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/ 24 January 2008
A multi-disciplinary team of international counter-terrorism experts will visit South Africa later this year, the Department of Foreign Affairs said on Thursday. The United Nations Security Council’s counter-terrorism executive directorate will assess South Africa’s counter-terrorism efforts during a visit this year.
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/ 24 January 2008
The Democratic Alliance (DA) has nudged the public protector, Lawrence Mushwana, in an attempt to get a response to their request that he reopen his investigation into the Oilgate scandal. DA spokesperson Motlatjo Thetjeng said it was now nine months since the DA first wrote to Mushwana about the matter.
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/ 24 January 2008
The attorney of murder accused Johan Nel is to apply for his client to be sent for a psychiatric evaluation. Frikkie Pretorius told reporters on Thursday that at his client’s next court appearance on February 12 he would apply for Nel to be sent to Weskoppies for psychiatric and mental evaluation.
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/ 24 January 2008
French bank Société Générale (SocGen) disclosed one of the biggest alleged frauds in financial history on Thursday, adding to a wave of gloom surrounding world markets battered by credit market losses. SocGen, France’s second-biggest listed bank, said it had uncovered an ”exceptional fraud” by one of its traders. It said this would cost the group â,¬4,9-billion.
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/ 24 January 2008
At first sight, Salon Fabulous doesn’t quite live up to its name. A trailer in a car park in a neighbourhood of dilapidated houses and rusting cars on the outskirts of Columbia, the state capital of South Carolina, it doesn’t hold out much promise of transformation.
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/ 24 January 2008
The police chief of the northern Iraqi city of Mosul was killed in a suicide bomb attack on Thursday as he toured the scene of a blast a day earlier in which at least 20 people died. Rescuers were still digging through the rubble of Wednesday’s explosion when an attacker in a police uniform blew himself up.