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/ 26 February 2008
KwaZulu-Natal has been able to show the world that when power is contested, people do not have to die, Dr Brigalia Bam, chairperson of the Independent Electoral Commission, said on Tuesday. She was speaking at the KwaZulu-Natal legislature in Pietermaritzburg on preparations for the 2009 election.
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/ 26 February 2008
World economic growth could miss the International Monetary Fund’s (IMF) forecast of 4,1% this year if United States and European banks disclose more major losses on the subprime market, the head of the IMF said on Monday. Dominique Strauss-Kahn warned that emerging economies would not escape the effects of the slowdown in rich countries.
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/ 26 February 2008
The number of foreign visitors to South Africa grew by just under 9% last year, Minister of Environmental Affairs and Tourism Marthinus van Schalkwyk said on Tuesday. ”I am pleased to announce that the overall foreign arrivals increased by 8,6% from January to November 2007,” he told a business tourism conference in Sandton.
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/ 26 February 2008
South African stocks were sharply higher at midday on Tuesday following in the footsteps of European markets, but a stronger rand restricted gains. Above-forecast economic growth data added to the positive sentiment. At 11.59am, the all-share index was up 1,22% at 30 176,680, thanks to a 3,08% gain in banks.
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/ 26 February 2008
The so-called ”Special Browse Mole Consolidated Report”, dismissed by the Presidency as the product of a campaign by discredited ”information peddlers”, was produced illegally by the Scorpions and in contravention of their mandate, Parliament’s joint standing committee on intelligence said on Tuesday.
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/ 26 February 2008
Pakistani internet service providers may have inadvertently blocked the popular YouTube website across the world on the weekend when they restricted local access to the site, a telecommunications official said. YouTube said on Monday that many users around the world could not access the site for about two hours.
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/ 26 February 2008
A British man celebrated his 60th birthday in unexpected style at the weekend when a 50 pence () bet on the horses turned him into an instant millionaire. Fred Craggs, from Yorkshire in northern England, was not even aware of his win when he walked into a branch of the William Hill betting agency to see how he had done with his accumulator bet.
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/ 26 February 2008
Nigeria’s prisons are a ”national scandal”, filled with thousands of inmates who have never been convicted of any crime while some prisoners wait decades to face trial, Amnesty International said on Tuesday. The human rights group said only about 35% of Nigerian inmates have been convicted in court.
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/ 26 February 2008
Vandalism continued through the night in Tshing settlement following Monday’s service-delivery protest, North West police said on Tuesday. Spokesperson Superintendent Lesego Metsi said two houses belonging to municipal employees were vandalised by a group of young people.
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/ 26 February 2008
South African health insurance firm Discovery said on Tuesday its loss-making United States unit Destiny Health would quit the US retail insurance market. Discovery said Destiny would continue to market its Vitality product to employer groups and health plans, but would transfer its insured block of business to a health insurance carrier.