Staff Reporter
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/ 27 November 2007

Emerging equity markets increasingly attractive

Equity markets in the emerging world have weathered the subprime credit crunch in developed markets more easily than any previous market turmoil, and are expected to remain a sought-after investment destination — if not a safe haven — for many years to come, according to the head of equity research at Old Mutual Investment Group South Africa.

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/ 27 November 2007

SABC gets sole rights to Polokwane conference

The South African Broadcasting Corporation has been awarded exclusive rights to provide the feed at the African National Congress conference in Polokwane in December to all other broadcasters. Five SABC cameras would be allowed in the plenary hall during open sessions and would be providing ”clean feeds” and unedited material.

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/ 27 November 2007

Kirsten in line for India coaching job

Former South Africa batsman Gary Kirsten is being considered for the vacant India cricket coach job, the Indian board said on Tuesday. Kirsten (40) was interviewed by members of the board’s special coach committee on Monday, secretary Niranjan Shah said in a statement and a decision is expected within a week

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/ 27 November 2007

Japan in culinary offensive to stop spread of US fish

The keepers of Japan’s biggest lake have called on the public to join in one final push to eat the bluegill fish into extinction before it does the same to threatened native species. The bluegill’s destruction of indigenous freshwater fish, almost 50 years after it was touted as a vital source of protein for an undernourished population, is being treated as an ecological emergency.

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/ 27 November 2007

ANC Women’s League backs Zuma

The African National Congress’s (ANC) Women’s League late on Monday nominated deputy leader Jacob Zuma as its candidate to head up the organisation, the South African Broadcasting Corporation reported. Their backing for Zuma for the top job comes after the ANC Youth League on Friday also nominated Zuma.

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/ 27 November 2007

Outback miners hit pay dirt

Australian prospectors used to be grizzled old blokes who went off into the hills with their swag and a bottle of whisky, hoping to find a few nuggets of gold and strike it rich. But the astonishing resources boom in Australia’s vast outback, which has turned the once-dowdy western capital of Perth into a glitzy city of millionaires, has changed all that.

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/ 27 November 2007

The central bank conundrum

The latest economic releases from the United States point to the growing twin threats of slowing economic growth and rising inflation. Some analysts are beginning to pencil in a US recession in the near future. The problem at home is similar: consumer inflation is above the South African Reserve Bank’s target range still, but the growth trends of leading economic indicators, like vehicle and retail sales, are declining.