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/ 14 December 2007

Corrupt tender costs Post Office R60m

The South African Post Office has been ordered to pay R60-million in damages due to contamination of a tender, according to Business Report on Friday. Judge Willie Hartzenberg found the Post Office had confirmed a corrupt tender in 2002 despite the fact that senior managers had been made aware of flaws in the process.

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/ 14 December 2007

Mozambique looks to donors to boost budget

More than 50% of Mozambique’s national budget for 2008 will be made up of a financial injection from foreign donors, the Friday edition of Daily Investor Intelligence reported. Manuel Chang, Finance Minister, said that 56% of the 89-billion meticais (about ,5-billion) will be secured from international donors.

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/ 14 December 2007

New rape laws to help protect victims

After a protracted delay, South Africa’s tough new laws against sexual abuse will finally enter force on Sunday. The Justice and Constitutional Development Ministry said on Friday that the Sexual Offences Amendment Act will at last give greater protection to victims of sexual crimes.

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/ 14 December 2007

JSE softer as banks fall on concerns

A weaker bank sector forced a positive JSE to pull back into the red by midday on Friday, leaving the all-share index 0,14% lower at noon. The JSE’s bank index was down 1,38% at midday as local and international traders questioned whether the move by the central banks to inject liquidity into financial markets was enough to settle global credit concerns.

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/ 14 December 2007

It’s news! Man bites rabid dog in southern India

Upset that a stray rabid dog was fleeing with a duck from his compound, a man in southern India caught the animal, wrestled with it and bit it hard in the throat before it was beaten to death, a newspaper said. A report in the Hindustan Times on Friday said that the dog had become a menace to villagers in Pakakkadavu, in the Kollam district of Kerala state.