Staff Reporter
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/ 26 February 2008

Sarkozy hits out at Société Générale chief

French President Nicolas Sarkozy sharply criticised the chairperson of scandal-hit bank Société Générale in an interview published on Tuesday, saying his response to billion-euro losses was "not normal". "When the president of a company sees losses of that magnitude and does not draw conclusions from it, that’s not normal," Sarkozy said.

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/ 26 February 2008

UN warns of new face of hunger

The United Nations on Monday warned that it no longer has enough money to keep global malnutrition at bay this year in the face of a dramatic upward surge in world commodity prices, which have created a ”new face of hunger”. ”We will have a problem in coming months,” said Josette Sheeran, the head of the UN’s World Food Programme.

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/ 26 February 2008

Kenyan media council denies being toothless

Last week, the government threatened to disband the Media Council of Kenya after the group announced that it would survey media conduct in the East African nation, including over the December 27 elections that have sparked widespread violence. Kwamboka Oyaro spoke to Peter Mutie, chair of the council’s ethics and publicity subcommittee

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/ 25 February 2008

ANC ‘not investigating’ Chancellor House

The African National Congress (ANC) is not conducting a forensic audit into empowerment deals and tenders that were received by its investment company, Chancellor House, the party said on Monday. ”The ANC wishes to place on record that it is neither conducting an investigation nor a forensic audit into the company or any of its transactions.”

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/ 25 February 2008

Gold Fields: Job losses not cast in stone

Potential job losses due to the energy crisis are not cast in stone, Gold Fields CEO Ian Cockerill said in a conference call on Monday. Earlier, the mining company announced that 6 900 jobs were at risk because of Eskom’s power rationing. ”We’re working closely with the unions to calculate potential losses. There is nothing cast in stone,” Cockerill said.

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/ 25 February 2008

SAHRC to debate black media forum

The South African Human Rights Commission (SAHRC) is to hold a public forum on complaints of racial prejudice against the Forum of Black Journalists (FBJ) and the issue of exclusive organisations. This stems from last Friday’s controversial FBJ meeting addressed by African National Congress president Jacob Zuma in Johannesburg.

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/ 25 February 2008

Airlines move to new baggage handlers

More than 95% of airlines operating in the country have signed contracts with two new baggage handlers, the Airports Company South Africa (Acsa) said on Monday. The handlers will be required to submit quarterly service and customer experience reports for Acsa to assess the performance of the new licensees.

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/ 25 February 2008

Masetlha hoax-email case postponed in court

The alleged fraud case against former National Intelligence Agency (NIA) director general Billy Masetlha and his two co-accused was postponed in the Pretoria Commercial Crimes Court on Monday. The charges relate to alleged hoax emails implicating senior African National Congress members in a conspiracy against Jacob Zuma.