Staff Reporter
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/ 7 March 2007

Standard Bank lifts earnings by 20%

Africa’s biggest bank by assets, Standard Bank, increased normalised headline earnings per share by 20%, driven by strong growth in corporate and retail lending, the group said on Wednesday. The bank said normalised headline EPS for the year to end-December increased to 796,4 cents per share.

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/ 7 March 2007

Parliament rejects Mathe report

The correctional services committee in Parliament on Tuesday rejected a report on the escape of Annanias Mathe from Pretoria’s C-Max prison. The report found that Mathe had probably escaped by squeezing himself through a tiny window and then walked over the roof of the maximum-security prison.

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/ 7 March 2007

Solar power outshines kerosene in Cameroon

For Merline Momo Azeufac, a teacher at Balefock village in western Cameroon, the days of fearing nightfall while correcting pupils’ work are over. She’s no longer hostage to the poor light provided by kerosene lamps. At the end of last year, Balefock received four solar panels to produce power, under a grant from the Rural Entrepreneurship Foundation.

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/ 6 March 2007

‘Somalis are easy prey’

On February 12, a young South African man was accidentally shot outside the Bafana Bafana spaza shop in Motherwell township in Port Elizabeth’s Nelson Mandela Municipality. Police claim he was shot by Somali shopkeeper Hassan Alow. Alow said thieves who had robbed his shop shot the boy.

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/ 6 March 2007

E Cape housing delivery criticised

The ”dismal” state of housing delivery in the Eastern Cape needs national intervention, a public watchdog organisation said on Tuesday. Public Service Accountability Monitor researcher Chantelle de Nobrega said the province would not meet a nationally set target to eradicate informal settlements by 2014 without help.

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/ 6 March 2007

Microsoft vs Google in copyright battle

Software giant Microsoft on Tuesday launched a stinging attack on Google, accusing its internet rival of riding roughshod over copyright in a rush to grab content for its own commercial benefit. The attack by top Microsoft lawyer Tom Rubin came as the two corporate titans step up their competition in both software and online content.

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/ 6 March 2007

Cape Town woman gives birth to 7,3kg baby

An Elsies River resident gave birth to a 7,3kg girl at Tygerberg Hospital on Friday, believed to be the largest in the hospital’s history. The Cape Argus reported on Tuesday that Cathleen Abels said her family members were ”generally big people” — but that even she had been amazed at baby Chesner’s size.

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/ 6 March 2007

Bank robbers arrested 30 minutes later

Five men who robbed a bank at the Atlasville shopping centre in Boksburg, Gauteng, on Tuesday afternoon were arrested within minutes, police said. Captain Jethro Mtshali said two men, armed with a 9mm pistol and an AK-47 rifle, went into the Standard Bank branch at about noon and assaulted some of the employees.