A fourth-quarter recovery lifted junior miner Western Areas’ year-end results into the black for the 12 months ended December. The group said on Tuesday that substantial revaluation gains of R307-million on dollar liabilities (in accordance with AC133) boosted the results of Western Areas for the fourth quarter.
A group of lawmakers in Malawi plan to launch a bid to impeach President Bingu wa Mutharika later this month, alleging that he violated the Constitution, a party spokesperson said on Tuesday. Discussions to impeach the president were held last weekend at the residence of former president and United Democratic Front leader Bakili Muluzi, who is engaged in an open feud with Mutharika.
Thailand on Tuesday began a cloud-seeding campaign overseen by the king to alleviate a severe drought that has dried up reservoirs and baked rice paddies across the world’s number-one rice exporter, senior officials said. The rain-making operation is to focus first on the country’s impoverished north-east.
Almost R700 000 was given to the South African Red Cross towards the tsunami relief fund by the South African Jewish Board of Deputies in Pretoria on Tuesday. ”We are proud as Jewish people to be part of South Africa where people care about those in suffering halfway around the world,” said Zev Krengel on behalf of the board.
An outbreak of an unidentified haemorrhagic fever has claimed the lives of 93 people in northern Angola, Deputy Minister of Health Jose van Dunem said late on Monday. Angolan health officials have asked the Centers for Disease Control in the United States to conduct tests to determine whether the fever is caused by the Ebola virus.
Corruption is a scourge of development in Africa, Business Unity South Africa’s Cas Coovadia told the second national anti-corruption conference in Pretoria on Tuesday. President Thabo Mbeki earlier told the conference that South Africa has to remain vigilant against new manifestations of corruption.
A giant, puma-like cat is feared to be on the loose in one of London’s leafiest suburbs after a man was attacked in his own garden, police said on Tuesday. Police were called to a house in Sydenham Park in the early hours of Tuesday morning after the man saw a cat-like creature about the size of a Labrador dog roaming in his garden.
Media-entertainment giant Time Warner has agreed to pay -million to settle charges that its America Online (AOL) division fraudulently overstated ad revenues and internet subscribers from 2000 to 2002, regulators said on Monday. The penalty of -million will be distributed to ”harmed investors” of the company.
Media mogul Barry Diller has expanded his internet holdings with a ,85-billion purchase of the Ask Jeeves internet search engine, according to a statement on Monday by Diller’s holding company IAC/InterActiveCorp. Ask Jeeves allows users to ask questions in natural language and is the fifth most-popular search engine in the United States.
A resolution adopted by Athletics South Africa (ASA) over the weekend, which forces the organisers of the Comrades and Two Oceans ultra-marathons to hold half-marathons in the future with exactly the same prize money, was confirmed by ASA’s incumbent CEO, Linda Ferns, on Tuesday.