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/ 30 October 2007
South African investment firm Mvelaphanda has reached agreement with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit, it said on Tuesday. Mvelaphanda said it will buy a minumum of 25,1% and a maximum of 30% of Johncom’s media business, provisionally named Opco.
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/ 30 October 2007
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The perception of a conspiracy against former deputy president Jacob Zuma has had an impact on the African National Congress (ANC) and suggests a convergence of political and legal interests, senior political analyst Aubrey Matshiqi of the Centre of Political Studies said on Tuesday.
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/ 30 October 2007
Teachers and school staff are the responsibility of their employers, and parents are responsible for getting their children to school safely, the KwaZulu-Natal Parents’ Association (KZNPA) said on Tuesday. KZNPA chairperson Sayed Rajack said schools have become the easiest targets for criminals.
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/ 30 October 2007
Tropical Storm Noel — the 14th named storm of the 2007 Atlantic hurricane season — headed toward the Bahamas on Tuesday after causing flooding and mudslides that killed at least 20 people in the Dominican Republic and left another 20 missing, officials said.
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/ 30 October 2007
Finance Minister Trevor Manuel said at the launch of the latest Medium-Term Budget Policy Statement on Tuesday that while the past four years have been good for the South African economy, it has begun to show signs of strain. He noted that these signs of strain are reflected in rising inflation and a high current-account deficit.
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/ 30 October 2007
The Ministry of Land Affairs would not give reasons for the termination of the contract of Director General (DG) Glen Thomas until the minister returned from a trip to Namibia, a spokesperson said on Tuesday. Godfrey Mdhluli said: ”The minister and the DG made an agreement that the DG’s contract be terminated [on Monday].”
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/ 30 October 2007
A 2m shark has been caught in a river in southern Iraq more than 200km from the sea. Karim Hasan Thamir said he was fishing with his sons last week when they spotted a large fish thrashing about in his net. ”I recognised the fish as a shark because I have seen one on a television programme,” he told Reuters.
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/ 30 October 2007
The four men accused of the murder of reggae star Lucky Dube had their case postponed in the Johannesburg Magistrate’s Court on Tuesday. The case has been postponed until November 30. The men, Sifiso Mlanga, Julius Gxowa, Thabo Mafoping and Mbofi Mabe, face charges of murder, attempted hijacking and the possession of an unlicensed firearm.
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/ 30 October 2007
Ernie Els is still on a high after rejuvenating his stalled career by winning the World Match-Play Championship this month, and he now wants revenge over Adam Scott in Singapore. The big South African put inconsistent form behind him to grab the £1-million winner’s cheque at Wentworth and it has fired him up for the Singapore Open.
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/ 30 October 2007
The JSE rose modestly at noon on Tuesday as investors became more optimistic that the United States Federal Reserve would cut interest rates, which would bolster Wall Street. Investors cheered the news that Tokyo Sexwale’s Mevelaphanda group plans to buy up to 30% of Johncom’s to-be-formed Opco.