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/ 26 February 2008

UN warns of new face of hunger

The United Nations on Monday warned that it no longer has enough money to keep global malnutrition at bay this year in the face of a dramatic upward surge in world commodity prices, which have created a ”new face of hunger”. ”We will have a problem in coming months,” said Josette Sheeran, the head of the UN’s World Food Programme.

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/ 26 February 2008

Fun with science

Illuminating, would perhaps be the best way to describe the Sci-Bono Discovery Centre, housed in Newtown’s old Turbine Hall. Downstairs in the huge steel Victorian edifice, surrounded by interactive displays on the production of electricity, is the generator that once provided Johannesburg with its power.

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/ 26 February 2008

Kenyan media council denies being toothless

Last week, the government threatened to disband the Media Council of Kenya after the group announced that it would survey media conduct in the East African nation, including over the December 27 elections that have sparked widespread violence. Kwamboka Oyaro spoke to Peter Mutie, chair of the council’s ethics and publicity subcommittee

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/ 25 February 2008

Wary of giant country funds

Major institutional investors plan to urge the sovereign wealth funds that have propped up the world’s banking system to be transparent in their activities and conscientious shareholders. The international investment community is planning to meet some of the leading sovereign wealth funds next month to discuss their investment strategies.

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/ 25 February 2008

ANC ‘not investigating’ Chancellor House

The African National Congress (ANC) is not conducting a forensic audit into empowerment deals and tenders that were received by its investment company, Chancellor House, the party said on Monday. ”The ANC wishes to place on record that it is neither conducting an investigation nor a forensic audit into the company or any of its transactions.”

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/ 25 February 2008

Gold Fields: Job losses not cast in stone

Potential job losses due to the energy crisis are not cast in stone, Gold Fields CEO Ian Cockerill said in a conference call on Monday. Earlier, the mining company announced that 6 900 jobs were at risk because of Eskom’s power rationing. ”We’re working closely with the unions to calculate potential losses. There is nothing cast in stone,” Cockerill said.