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/ 12 December 2007
Nationwide Airlines is gradually resuming its operations, with three of its 17 aircraft already back in service. The airline’s Boeing 767-300 service to London, which resumed last week, is operating as normal and two of its 737-500 aircraft are now being used on domestic flights, company spokesperson Charmaine Thome said on Wednesday.
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/ 12 December 2007
The airline industry body IATA slashed its forecast for industry profits in 2008 on Wednesday, warning that the spiralling cost of fuel and the impact of the credit crunch would reverse expected growth. The International Air Transport Association (IATA) reduced its forecast for 2008 industry profits by one third to -billion.
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/ 12 December 2007
A car bomb killed a Lebanese general in a Christian suburb overlooking Beirut on Wednesday, removing a leading contender to take over as army chief from General Michel Suleiman when he becomes president. The attack heightened tension in Lebanon where rival leaders are embroiled in a tussle over the Presidency.
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/ 12 December 2007
Zimbabwe’s ruling Zanu-PF party will formally endorse President Robert Mugabe this weekend as its candidate for re-election next year, a choice that critics say will prolong the economic crisis ravaging the country. Mugabe (83) has overcome a half-hearted attempt by some top Zanu-PF officials to force him to retire before the March 2008 poll.
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/ 12 December 2007
The National Prosecuting Authority (NPA) said on Wednesday that police National Commissioner Jackie Selebi had not been arrested as rumoured. ”Where we are now and as we speak, there is no arrest by the Scorpions of the police commissioner today [Wednesday],” said NPA spokesperson Tlali Tlali.
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/ 12 December 2007
Constant power cuts are darkening the mood among South Africans, with President Thabo Mbeki admitting that the government was at fault for ignoring growing energy needs. Africa’s largest economy is buckling under energy pressures after failing to heed pleas by state power utility Eskom to invest more in electricity generation.
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/ 12 December 2007
They are chalk and cheese — an all-action sport and a quiet board game — but both are part of the attraction at the South-East Asian Games in north-eastern Thailand. Sepak takraw is being held in a stadium at the top of a shopping mall in front of raucous fans, while Go, a demonstration sport here, is taking place in a quiet university conference room.
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/ 12 December 2007
Oscar Pistorius, the self-described ”fastest thing on no legs”, retains both his sense of humour and confidence when he mulls the possibility that his Olympics dream could be about to be shattered. ”It has been my dream to run with the able-bodied and in the Olympics,” the South African double amputee tells Agence France-Presse.
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/ 12 December 2007
Liverpool’s habit of leaving it to the last to qualify for the important stages of big tournaments was repeated on Tuesday as they inflicted a record 4-0 home defeat on Marseille to make the knockout stage of the Champions League. The 2005 Champions League winners’ victory probably also ensured that manager Rafael Benitez keeps his job.
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/ 12 December 2007
The JSE remained in the red at midday on Wednesday, but was off its earlier lows as it recouped some of its sharp losses in the morning session. By noon, the JSE all-share index had lost 0,78%. The gold- and platinum-mining indices fell 2,22% and 1,8% respectively, while resources gave up 1,33%. Banks dipped 1,03%, while financials were off 0,58% and industrials shed 0,18%.