Staff Reporter
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/ 20 February 2008

R10-billion for police, prosecutors

Over R10-billion will be spent on strengthening the police force and judiciary over the next three years, Finance Minister Trevor Manuel said in his budget speech on Wednesday. There would be more than 200 000 police officers by the end of March 2011, up 22% from the 163 000 police officers in 2006/07.

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/ 20 February 2008

Child-support grant age to be raised

The age limit for the child-support grant will be raised by one year to include 14-year-olds as from January next year, Finance Minister Trevor Manuel announced on Wednesday. He also said the qualifying age for men for the state old-age pension would be reduced from 65 to 63 this year, to 61 in 2009, and 60 by 2010.

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/ 20 February 2008

Govt rescue plan for Eskom to cost R60bn

The government will fund embattled electricity producer Eskom to the tune of R60-billion over the next five years, according to national budget documents tabled by Finance Minister Trevor Manuel on Wednesday. At the same time, it will introduce a levy in a bid to get consumers to save electricity.

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/ 20 February 2008

Manuel’s budget brings relief

Finance Minister Trevor Manuel’s 2008/09 national budget tabled in Parliament on Wednesday brings tax relief, reduced corporate taxes, financial support for Eskom’s programme to build power stations, a new electricity levy, more social spending and a boost for job creation.

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/ 20 February 2008

Strong quake hits near Indonesia’s Aceh

A magnitude-7,5 earthquake struck Indonesia’s Aceh province on Wednesday, killing at least three people, injuring several and sending thousands fleeing their homes and offices in panic, officials and local media said. The quake struck the province that bore the brunt of the 2004 Indian Ocean tsunami.

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/ 20 February 2008

Confucius says: Too many descendants

More than two million people have registered as descendants of Confucius, tripling the size of the celebrated Chinese philosopher’s family tree, state media reported on Monday. The new list, which was last updated in 1930, has rocketed by more than 1,3-million, the Confucius genealogy compilation committee said.