Michael Hamlyn
Michael Hamlyn works from Cape Town. Late middle age journalist
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/ 2 November 2007

Mbeki criticises behaviour of media

President Thabo Mbeki devoted a large part of his speech to the National Council of Provinces (NCOP) on Friday to criticising the behaviour and ownership of the media. Speaking in Pniel, outside Stellenbosch, where the NCOP was holding a provincial sitting, he emphasised that the government has ”absolutely no intention to limit press freedom”.

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/ 22 October 2007

DA wants further cuts in corporate tax

A call for further cuts in corporate taxes was among a number of proposals made by the Democratic Alliance (DA) on Monday — aimed, it said, at growing the economy and encouraging foreign direct investment. Pierre Rabie, who speaks for the party on trade and industry, quoted the World Bank survey <i>Doing Business 2008</i>.

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/ 17 October 2007

Telkom loses R350m through fraud

Communications Minister Ivy Matsepe-Casaburri told the National Assembly on Wednesday that the state-owned telecommunications giant Telkom has lost R350-million over three years through fraud. She said that Telkom has also experienced significant theft of cables, solar panels and wireless communications equipment.

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/ 16 October 2007

Pick ‘n Pay expects inflation to hit food sales

Chief executive of Pick ‘n Pay Nick Badminton told analysts in Cape Town on Tuesday that although food was often the last to be affected by inflation, "we feel that it will be a little tight in the next six months". He said that internal inflation within the group was showing a 7% increase for the full year, but warned that August showed inflation at 9,5%.