Staff Reporter
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/ 1 March 2005

Mboweni bemoans state of Zimbabwe’s economy

Zimbabwe must sort out its political problems if it hopes to meet the Southern African Development Community’s (SADC) regional economic integration targets, Reserve Bank Governor Tito Mboweni warned on Monday. He was addressing journalists in Cape Town after a meeting between SADC central banks and representatives of the European Central Bank.

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/ 1 March 2005

Telkom wants to increase BEE spending

While telecommunications group Telkom’s spending on black economic empowerment (BEE) entities rose to R4,6-billion rand in 2004 — more than five times the R838-million spent on empowerment suppliers in 1998, Telkom CEO Sizwe Nxasana said the group wants to spend more on BEE firms in the future.

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/ 1 March 2005

India’s embarrassment of riches

Pakistan cricket captain Inzamam-ul-Haq may be banking on the ”passion and enthusiasm” of his young team to tame India in their own backyard, but he requires more than just that to taste success on the arduous tour. India had not lost at home in four years until Australia ruined their impressive record last season with a 2-1 victory.

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/ 1 March 2005

United States urges UN to renounce abortion rights

The Bush administration was accused on Monday of trying to roll back efforts to improve the status of the world’s women by demanding that the United Nations publicly renounce abortion rights. The US’s demand overshadowed the opening on Monday of a conference intended to mark the 10th anniversary of the Beijing conference on the status of women.

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/ 1 March 2005

Bomber’s family shunned by whole town

Scores of chairs lined the rooms and corridors, and jugs of coffee and water and trays of figs were ready to welcome men paying their respects. But the family of Abdullah Badran, the 21-year-old who blew himself up at the entrance to a Tel Aviv night club on Friday, killing five Israelis, were left alone in their grief.

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/ 1 March 2005

Primedia dressed for success

African media group Primedia on Tuesday reported a 34,4% increase in headline earnings per share for the six months ended in December 2004 to 43 cents from 32 cents a year earlier. The group increased its interim distribution per share by 40,1% to 22 cents from 15,7 cents a year ago.