Staff Reporter
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/ 25 October 2007

Bank shares leap on Standard Bank news

South African bank shares leapt on Thursday after reports that China’s biggest bank, Industrial and Commercial Bank of China, has agreed to buy a 20% stake in Standard Bank, in a deal reported to be worth ,5-billion. Trading in Standard Bank shares was halted ahead of the release of a statement by the bank on the outcome of negotiations.

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/ 25 October 2007

Bafana ensure more sporting success for SA

South Africa claimed their second sporting title within five days thanks to a 4-3 penalty shootout victory against Zambia in the Cosafa Castle Cup final on Wednesday. The success of Bafana Bafana following a goalless draw in Bloemfontein came five days after the Springboks lifted the Rugby World Cup with a 15-6 triumph over England in Paris.

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/ 25 October 2007

Israel proposes cutting power to Gaza

Israeli officials prepared a plan on Wednesday to cut power supplies to the Gaza Strip amid violence that killed two Palestinian boys after a rocket salvo damaged an apartment building in the Jewish state. The United Nations has told Israel it must not inflict collective punishment by cutting vital supplies and services.

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/ 25 October 2007

Springbok emblem: Let the debate begin

Minister of Sport and Recreation Makhenkhesi Stofile has said South Africans would be given an opportunity to take part in a national debate regarding the Springbok emblem. He said the debate would not only focus on the Springbok emblem, but would include all the other sports emblems in the country.