Staff Reporter
No image available
/ 27 February 2006

Sharks out of their depth

Scientists have found that 70% of the world’s oceans appear to be free from sharks because the animals cannot live below 3 000m, raising fears about their long-term survival. This leaves sharks at greater risk of coming into contact with humans. Monty Priede, a marine biologist at the University of Aberdeen, said: ”Sharks are apparently confined to about 30% of the world’s oceans.”

No image available
/ 27 February 2006

Bidvest reports ‘pleasing’ results

South African industrial services group Bidvest on Monday reported diluted headline earnings per share of 350 cents for the six months ended December 2005, from 293,4 cents a year ago. Headline earnings per share were up 21,8% to 368,8 cents. The distribution per share was 21,1% higher at 162 cents.

No image available
/ 27 February 2006

Old Mutual says Nedbank is on the mend

London-listed financial services and insurance giant Old Mutual says it is confident that its subsidiary Nedbank is well on the road to recovery. "It’s still lagging its competitors in some regards, but we are confident of their [Nedbank’s] return," said the group’s financial director, Julian Roberts.