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/ 26 February 2008
South Africa’s economic growth has increased to 5,3% in the fourth quarter of 2007, up from a revised figure of 4,8% in the third quarter, Statistics South Africa said on Tuesday. The 5,3% annualised quarter-on-quarter growth in real gross domestic product (GDP) in the fourth quarter is the highest of 2007.
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/ 26 February 2008
Stormers flank Schalk Burger has received a two-week suspension after being found guilty of ”unsportsmanlike behaviour”. Burger’s suspension runs from February 23 to March 8, inclusive. He has a right to appeal the sentence. His suspension is a big setback for the Stormers, who are yet to win a match in this year’s Super 14 competition.
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/ 26 February 2008
The deadly conflict in Darfur entered its sixth year on Tuesday with no solution in sight, as Khartoum continued to resist the full deployment of a peacekeeping force amid a fresh wave of bombings. The anniversary coincides with visits to the country by Washington’s special envoy for Sudan, Richard Williamson, and China’s point man for Darfur, Liu Giujin, for top-level talks.
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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.