Zimbabwe’s food crisis continues to deepen, with the country’s staple cereal gap for the 2003/04 marketing year (April 1 2003 to March 31 2004) standing at 738 464 tons, of which 671 424 tons is maize, the latest Famine Early Warning Systems Network report on the country says.
Serious funding shortages are threatening to undermine efforts by the United Nations to save the lives of millions of people in Southern Africa as well as destroy the fragile gains made over the past 12 months, says James T Morris, the UN secretary general’s special envoy for humanitarian needs in Southern Africa.
South African banking group Absa chief economist Christo Luus is forecasting that the rand will move to R6,50 to the United States dollar in 2004. The South African rand remained below R7 per dollar in early trade on Wednesday, after breaking this level on Tuesday for the first time in three years.
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/ 22 September 2003
Southern Africa is set to increase its annual output of aluminium from 1,1-million tons to 1,384-million tons, or 7% of global output, once the expansion of the Hillside and Mozal smelters is complete in 2004, BHP Billiton Aluminium South Africa president Mahomed Seedat said on Monday. At present, Southern Africa has three aluminium smelters — […]
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/ 18 September 2003
South Africa’s National Assembly has passed into law the Land Rights Amendment Bill aimed at speeding up the restitution process in the country. The Bill allows Minister of Agriculture and Land Affairs Thoko Didiza to purchase, acquire in any other manner or expropriate land for purposes of restoration.
South African Minister of Social Development Dr Zola Skweyiya is set to launch a programme to distribute food parcels worth over R230-million over the next three months to poor families.
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/ 19 February 2003
The South African government and the Chamber of Mines on Tuesday released the much-awaited mining scorecard, which is a checklist of the provisions contained in the mining empowerment charter.
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/ 11 February 2003
South Africa’s Trade and Industry Minister Alec Erwin has ruled out any additional smelters at Richards Bay, however, he says there are "four or five" major industrial projects in the pipeline involving ferro-alloys, mineral processing, agro-processing as well as aluminium linked projects.
Anglo-Dutch group LNM Holdings NV could secure a controlling stake of more than 50,1% in South Africa’s key steel company, Iscor, as early as September 2003.