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/ 10 December 2007

Rolling power cuts as Eskom load-sheds

Power cuts rolled out across the country on Monday as Eskom tried to load-shed after planned and unplanned power-station maintenance resulted in an electricity supply shortage. Eskom had to shed 1 000MW, although this could go as high as 1 500MW, said general manager of demand-side management Andrew Etzinger.

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/ 10 December 2007

Sink or swim for Liverpool and Real

Liverpool and Real Madrid, with an astonishing 13 European titles between them, face the humiliating prospect of being dumped out of the Champions League on Tuesday. Liverpool, who have lifted the continental crown five times, are in the most precarious position, having to travel to France where only a Group A win will suffice against 1993 winners Marseille.

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/ 10 December 2007

JSE inches up slightly

The JSE inched up slightly by noon on Monday, but with no real driver as markets have started to feel the slowdown effects of the holiday season. By midday, the JSE all-share was only 0,1% in the black. Financials and banks edged up 0,33% and 0,08% respectively, and resources were up a slight 0,11%.

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/ 10 December 2007

UN: Child mortality drops to historic lows

The number of children who die before their fifth birthday fell below 10-million in 2006, but much more still needed to be done, said a report by the United Nations Children’s Fund (Unicef) released on Monday. The Unicef report attributed the progress in children’s mortality rates largely to improvements in healthcare.

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/ 10 December 2007

De Beers’s R1bn sale of mine moves forward

De Beers Consolidated Mines’s R1-billion sale of its Cullinan diamond mine in Pretoria to the Petra Diamonds Cullinan Consortium has taken an important step forward with Monday’s announcement that the Department of Minerals and Energy has agreed to convert the old-order mining right held by De Beers into a new-order mining right.

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/ 10 December 2007

Oprah brings star quality to Obama’s camp

It was, if you stopped to think about it, a rather incredible event. A woman born in Mississippi to a poor, unmarried mother who rose to huge fame and fortune, standing on stage beside a fellow African-American who was largely unknown a year ago but is now vying to become the 44th president of the United States.

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/ 10 December 2007

Serbs prepare for Kosovo showdown

Kosovo is again the front line in a showdown between Serbs and ethnic Albanians and in a wider dispute between Russia and the West. Mediators are to tell Ban Ki-moon, the United Nations Secretary General, on Monday that they have failed to forge a deal between Serbian leaders and Kosovan Albanians over the fate of the province.