No image available
/ 12 February 2008
Israeli Prime Minister Ehud Olmert said on Tuesday he was convinced that Iran was leading a secret operation to build nuclear weapons and urged a greater international effort to prevent Tehran from succeeding. ”We are certain that the Iranians are engaged in a serious … clandestine operation to build up a non-conventional capacity,” Olmert said.
No image available
/ 12 February 2008
A major assault by the Sudanese army and allied militia has left two Darfur towns badly damaged by fire, sources close to a United Nations reconnaissance mission to the region said on Tuesday. The news came as the International Committee of the Red Cross confirmed one of its staff members had been killed in the offensive.
No image available
/ 12 February 2008
Standard Bank said on Tuesday that it is issuing about 20 000 chip and PIN bank cards a month as part of an ongoing exercise to match international standards and sharply improve card security. The group said in a statement that card skimming is again on the rise.
No image available
/ 12 February 2008
A shocking new range of price increases were announced on Tuesday as Zimbabwe’s world-record hyperinflation spun further out of control, with charges for cellphone calls soaring by nearly 1 700%. The official National Incomes and Prices Commission said international calls were up to Z,2-million from Z 400 per minute.
No image available
/ 12 February 2008
Billy Joubert, director of tax at Deloitte, said on Tuesday during a pre-budget seminar that no rate changes to personal income-tax rates are expected, while at best the corporate tax rate may be cut to 28% from the current 29%. Joubert noted that South Africa’s corporate tax rates compare favourably with other countries.
No image available
/ 12 February 2008
The United Democratic Movement councillor for the Metsimaholo municipality in the Free State, who was shot in the face recently, has died in hospital, police confirmed on Tuesday. Isaac Mokgatla (38) was shot in the Tshepiso informal settlement after he collected his two children from a school on January 31.
No image available
/ 12 February 2008
The African National Congress’s (ANC) national working committee urged party members on Tuesday to refrain from undisciplined and divisive behaviour ahead of the ANC’s provincial conference season. Members were asked to ”desist from behaviour that threatened the unity and discipline of the movement”.
No image available
/ 12 February 2008
South Africa’s Minister of Trade and Industry, Mandisi Mpahlwa, said on Tuesday the country’s support for a planned aluminium smelter at Coega remained unshaken despite a power shortage. Eskom said in January that electricity intensive investment projects could be reviewed due to the country’s power shortage.
No image available
/ 12 February 2008
Cellphone operator Cell C expects full-year core profit to rise by over 30% as a turn-around plan pays off, its chief financial officer said on Tuesday. Newly appointed CFO Fabrizio Mambrini said the struggling firm expected growth in revenue to be ”quite outstanding”.
No image available
/ 12 February 2008
Société Générale launched a discounted â,¬5,5-billion capital increase on Monday to prop up its finances and heal scars from the world’s biggest rogue trading scandal. The one-for-four rights issue at â,¬47,50 per share gives its existing shareholders a bigger-than-expected discount of 38,9% to Friday’s price.