A post template

No image available
/ 3 March 2008

New attacks as Kenya politicians thrash out reforms

Fresh attacks claimed at least 15 lives in Kenya’s Rift Valley region overnight, police said on Monday, while rival political leaders worked out details for reform under last week’s power-sharing accord. ”A total of 15 people died: six burned in their houses, six hacked with machetes and three shot dead,” a police commander said after the attack.

No image available
/ 3 March 2008

SA scores well on economic-freedom index

South Africa’s rating of 63,2% ranks it 52nd globally on the Heritage Foundation 2008 Index of Economic Freedom. In a statement released on Monday, Century 21 South Africa — the local chapter of the world’s largest real-estate brand — said the index, which covers 162 countries, took 10 specific freedoms into account.

No image available
/ 3 March 2008

SA bowlers earn fearsome reputation

South Africa’s bowlers are fast earning a bloody reputation of injuring rival batsmen after the latest incident, involving Bangladesh’s Aftab Ahmed, in the second Test. Ahmed was left with a bloodied cheekbone after a short ball from Jacques Kallis bounced through his helmet grille and hit him just below the right eye.

No image available
/ 3 March 2008

Canadian rocker Jeff Healey dies of cancer

Canadian blind rocker Jeff Healey, who uniquely played his guitar flat on his lap, died of cancer on March 2 on the eve of his latest album release, his publicist said in a statement. Healey (41) died in a Toronto hospital of a rare cancer, <i>retinoblastoma</i>, that he had fought since birth and which claimed his eyesight at the age of one.

No image available
/ 3 March 2008

PMI falls to four-and-a-half year low

South Africa’s Purchasing Managers Index (PMI) fell to a four-and-a-half year low of 46,4 in February, knocked by slowing demand and a crippling power shortage. The fall in the index, a measure of manufacturing activity, from 52,1 in January reflected lower new sales orders and marked the first decline below the 50 mark, which separates expansion from contraction, since 2003.

No image available
/ 3 March 2008

Standard Bank has $2bn boost as ICBC deal closes

Standard Bank has received a R16-billion boost to its capital base after completion of a deal in which China’s biggest lender ICBC took a 20% stake, it said on Monday. International and Commercial Bank of China, the world’s biggest lender by assets, said in October last year it would pay ,5-billion for the stake in Standard Bank.

No image available
/ 3 March 2008

Cachalia: Violent crime down in Gauteng

Sixty-one percent of all Gauteng policing precincts recorded a decrease in the total amount of violent crimes between July and December 2007, compared with the same period the previous year. Addressing the, Gauteng minister for community safety Firoz Cachalia said violent contact-crime categories decreased within the target range of between 7% and 10%.