No image available
/ 26 October 2006
The total number of foreign travellers who visited South Africa during May was 641 700 — up 15,1% compared with May 2005, according to data released by Statistics South Africa on Thursday. In addition, the number of foreign travellers who departed the country in May was 582 120 -– 13,5% more than during May 2005.
No image available
/ 26 October 2006
The Dubai World and London & Regional Properties consortium on Thursday announced plans to invest more than $1-billion in the V&A Waterfront over the next four years, following its successful purchase of the development last month. The bulk of the new developments could be completed before 2010, when South Africa hosts the Soccer World Cup.
No image available
/ 26 October 2006
South Africa’s producer price index (PPI) rose by 9% year-on-year (y/y) in September from a 9,2% y/y increase in August, Statistics South Africa said on Thursday. The PPI declined -0,7%% on a monthly basis after August’s monthly rise of 1,5%.
No image available
/ 26 October 2006
South Africa has toughened its requirements for Zimbabweans wishing to travel to the country, demanding a Z 000 () security deposit, it emerged Thursday. The state-controlled Herald newspaper said the fee was refundable and would be used to cover the costs of repatriation should the need arise.
No image available
/ 26 October 2006
Zimbabwe acting Information Minister Paul Mangwana says he is ready to ask Parliament to repeal parts of the government’s tough media legislation, but only if journalists submitted to him the offending sections of the law they want changed. Zimbabwe’s Access to Information and Protection of Privacy Act is among the harshest media laws in the world.
No image available
/ 26 October 2006
Millions of people in Southern Africa face food shortages after rich countries failed to meet money pledges, the United Nations food agency said on Thursday. The World Food Programme said a -million gap in funds has forced it to cut aid to up to 4,3-million people in Southern Africa. That included aid to mother and child nutrition centres, school feeding projects and schemes targeting HIV/Aids.
No image available
/ 26 October 2006
He has eluded United States special forces, elite French paratroopers and Britain’s finest, the SAS. But Radovan Karadzic, genocide suspect and regarded by Serbs as a Scarlet Pimpernel-style figure, has finally met his match in Richard Gere. In a film being shot on Thursday on the forested hillsides of northern Zagreb, the Hollywood heartthrob succeeds where Nato, the CIA and the SAS have failed.
No image available
/ 26 October 2006
The huge roadside billboards along the new motorway that ploughs its way through barren, yellowed fields in the central Spanish province of Toledo promise a glittering and happy future to those who wish to come and live here. Behind them dust billows up from trucks that crisscross a giant, uninhabited new town where dozens of ugly, high-rise blocks are hurriedly emerging.
No image available
/ 26 October 2006
Chilean investigators were examining reports on Wednesday that 9 tonnes of gold had been found in a Hong Kong bank under the name of Augusto Pinochet. The gold, valued at -million, was found during an ongoing investigation into tax evasion and money laundering by the former dictator.
No image available
/ 26 October 2006
Investment bank Morgan Stanley said on Thursday it planned to expand its carbon trading business through a -billion investment that includes projects related to reducing greenhouse gas emissions. The move marks a significant expansion of the bank’s existing carbon trading activities that it launched in 2004 within its commodities division.