Staff Reporter
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/ 17 November 2007

Africa must grow energy sector to boost GDP

Africa requires massive investment in its failing energy sector to boost economic growth and meet its goal of halving poverty, a United States-Africa business summit heard on Friday. Emerging economies required a 16% increase in energy to drive every 10% of gross domestic product (GDP) growth, said Andrew Fawthrop, Chevron energy company’s Nigerian vice-president.

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/ 17 November 2007

Bangladesh cyclone toll nears 1 000

A powerful cyclone ripped through Bangladesh on Friday leaving a trail of destruction that claimed an estimated 1 000 lives and caused hundreds of thousands to flee the strong winds and driving rain. Cyclone Sidr crashed into the south-western coast after racing up the Bay of Bengal at 240km/h and triggered a 5m-high tidal wave.

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/ 17 November 2007

Media body concerned by govt’s ad threat

Print Media South Africa (PMSA) is seeking an urgent meeting with Minister in the Presidency Essop Pahad after he threatened to withdraw government advertising from the Sunday Times. PMSA said it sought a meeting with the minister after he expressed his view that the government should pull its advertising from the weekly.

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/ 16 November 2007

IFP’s KZN leader apologises to premier

KwaZulu-Natal’s Inkatha Freedom Party (IFP) leader on Friday apologised to the province’s Premier, S’bu Ndebele, over comments he made about the permier’s alleged conflicting business interests. Shortly after the original statement was issued, Ndebele had threatened to sue Mtshali for defamation.

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/ 16 November 2007

Armed gang robs Moyo restaurant

A group of armed robbers held up a staff member and fled with an undisclosed amount of money at the well-known Moyo restaurant at Zoo Lake in Johannesburg, police said on Friday. Police spokesperson Julia Claasen said that on Thursday night, one of the robbers went into the restaurant, sat at the bar and ordered drinks.