Staff Reporter
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/ 6 May 2008

Warning on deteriorating land restitution process

In its second major report on land restitution issues in three years, the Centre for Development and Enterprise think tank argues that the country faces a worse situation than the challenges described in 2005. It says the country is looking at two likely trajectories with respect to land reform, that of ”nobody wins”, and ”everybody loses”.

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/ 6 May 2008

SA seeks new laws to fight terror financing

South Africa’s fight against money laundering and terrorism financing needs tough new laws to close regulatory loopholes and give authorities more power to crack down on crime. Murray Michell, the head of South Africa’s Financial Intelligence Centre, said draft laws would also help unclog an overburdened judicial system and streamline oversight.

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/ 6 May 2008

ANC: Khampepe report highlights our views

The African National Congress (ANC) said on Tuesday the Khampepe report highlighted many of its concerns about the Directorate of Special Operations (DSO), which led to its resolution to have the unit moved to the police. ”That report raises the same concerns we are raising, which led to the raising of the ANC resolution,” said the party’s secretary general.

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/ 6 May 2008

Sales of new vehicles fall in April

South African new vehicle sales declined by 2,8% to 42 359 units in April compared with the same month last year, the National Association of Automobile Manufacturers (Naamsa) said on Tuesday. Naamsa said sales fell further from a low base in April last year when sales were lower than normal.

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/ 6 May 2008

Cops confirm airport-gang arrests

Police have confirmed the arrests of three men suspected to be involved in at least 14 robberies linked to OR Tambo International Airport. Police spokesperson Dennis Adriao said on Tuesday that he could confirm the arrests but could not comment further because the matter was in court.

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/ 6 May 2008

JSE higher led by miners

South African stocks remained higher at noon on Tuesday, supported by miners on stronger metal prices, but shaky overseas markets and stronger rand limited the upside move, traders said. Local mobile phone firm MTN Group remained the most heavily traded stock by value after it confirmed that it was in share price-sensitive talks with an Indian firm.

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/ 6 May 2008

Rockers Queen to headline Mandela Aids concert

Veteran rockers Queen, along with Razorlight and Simple Minds, will top the bill at an Aids benefit concert in London next month to mark Nelson Mandela’s 90th birthday, organisers announced on Tuesday. Precisely 46 664 tickets will go on sale for the three-hour gig in Hyde Park on June 27, which is in support of the former South African president’s 46664 campaign against HIV/Aids.

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/ 6 May 2008

Safety in numbers for speeding Chinese drivers

Speeding drivers in south China are getting clear away thanks to machines that switch the numbers on their licence plates in seconds, state media said on Tuesday. ”More than 50% of cars caught on camera for speeding and other offences either cover up their plates or use a fake licence plate,” a traffic policeman in the Guangdong city of Yangjiang said.

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/ 6 May 2008

Formula One: Aguri call it quits

Japanese team Super Aguri are pulling out of Formula One racing after prolonged financial difficulties, founder Aguri Suzuki said on Tuesday. ”I have been very happy that I was able to achieve a miracle and become a team owner, but I have to make the difficult decision to withdraw,” Suzuki told a news conference.