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/ 6 November 2007

SARB recommends stable monetary policy

The South African Reserve Bank (SARB) said on Tuesday in its latest <i>Monetary Policy Review</i> that in light of the risks around the subprime crisis in global markets, it is important to maintain a stable and transparent monetary policy regime. Authorities in some emerging markets have been advised to strengthen surveillance.

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/ 6 November 2007

Six years on: Mbeki, the Aids dissident

President Thabo Mbeki remains an ”Aids dissident” who has told a biographer that he regrets bowing to pressure from his Cabinet to ”withdraw from the debate” over the disease ravaging South Africa. According to a long-awaited biography by Mark Gevisser, the president feels aggrieved that he was deflected from continuing to question the causes of the epidemic.

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/ 6 November 2007

End of floor-crossing in sight?

The issue of floor-crossing should be resolved within months, says MP Vytjie Mentor, who chairs a parliamentary committee dealing with the matter. ”We don’t think that floor-crossing strengthens democracy. We have not seen empirical proof that it strengthens democracy,” she told a joint meeting with the home affairs committee on Tuesday.

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/ 6 November 2007

Clicks makes the switch to save energy

Major retailer Clicks announced on Tuesday that it has crushed more than 56 000 of the conventional light bulbs it stocked and is now only selling energy-efficient bulbs. While this comes at some cost to Clicks, it will help conserve energy and protect the environment, the company said in Johannesburg.