Staff Reporter
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/ 8 November 2007

Sappi says year basic EPS rises to 89 US cents

Papermaker Sappi on Thursday posted full-year basic earnings per share of 89 United States cents after a loss in the previous comparable period, citing improved margins and higher prices for its products. For the fourth quarter to end in September, the world’s largest producer of fine paper posted a basic EPS of 27 US cents.

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/ 8 November 2007

Mvelaphanda to buy stake in Vox Telecom

South African investment group Mvelaphanda Group will buy 12,3% of telecommunications firm Vox Telecom for R292,3-million in cash. Mvelaphanda said that Vox Telecom — which provides voice and data services — is ideally placed to benefit from the development of the South African telecoms industry.

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/ 8 November 2007

Zimbabwe’s Attorney General arrested

Zimbabwe’s Attorney General has been arrested and charged with corruption in connection with allegations he promised to help a fugitive banker who had fled the Southern African nation, police said. Attorney General Sobusa Gula-Ndebele was arrested on Tuesday and then released after a statement was recorded.

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/ 8 November 2007

Habana crowned player of the year

Springbok wing Bryan Habana was crowned the 2007 Absa South African rugby player of the year at the SA Rugby awards banquet in Sandton on Wednesday
night. The other nominees in this prestigious category were fellow Springboks Victor Matfield, Percy Montgomery, Fourie du Preez and Juan Smith.

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/ 8 November 2007

Santos hold Sundowns to 1-1 draw

Santos put on their best home performance and were held to a 1-1draw by defending champions Mamelodi Sundowns in an Absa Premier League soccer match at the Athlone Stadium on Wednesday night. The home side should have held at least a 3-0 lead at the interval. Instead, they went into the break with a 1-0 lead, thanks to a penalty by Erwin Isaacs.