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/ 4 November 2007

Sudan’s former foes agree timetable for peace deal

Sudan’s former foes have agreed on steps to implement a 2005 peace deal, First Vice-President Salva Kiir said on Sunday, indicating the country’s worst political crisis in years may be resolved soon. The announcement raised hopes that ministers from the former southern rebel Sudan People’s Liberation Movement’s will soon return to the national coalition government.

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/ 4 November 2007

Mbeki takes flak as ANC battle nears finale

After eight years at the helm of Africa’s economic powerhouse, Thabo Mbeki cuts an increasingly lonely figure as the battle for the reins of the African National Congress (ANC) approaches its finale. As well as taking fresh blows from his political foes, the president has also become the target of senior ANC party members.

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/ 4 November 2007

Citigroup CEO Prince to resign

Citigroup chief executive Charles Prince plans to resign this weekend, the Wall Street Journal said on Friday, as the widening subprime mortgage crisis brings to an end the reign of Sanford Weill’s troubled successor. The largest United States bank by assets plans to hold an emergency board meeting on Sunday, at which Prince will step down.

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/ 4 November 2007

Kurdish rebels free abducted Turkish soldiers

Eight Turkish soldiers, kidnapped last month in an ambush by Kurdistan Workers Party (PKK) militants, were released in northern Iraq, a PKK official said on Sunday. The release of the soldiers came a day after the Iraqi government vowed to hunt down Kurdish guerrilla leaders responsible for cross-border raids into Turkey.

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/ 4 November 2007

Portsmouth frets that Nations Cup could wreck dream

Harry Redknapp fears the African Nations Cup could wreck Portsmouth’s European ambitions after his side’s impressive 4-1 victory over Newcastle strengthened their top four credentials. Redknapp acknowledged that Portsmouth’s challenge will be affected more than most of their Premier League rivals by the tournament early next year.

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/ 4 November 2007

White in talks with England rugby chiefs

World Cup-winning South Africa coach Jake White has held talks with England rugby chiefs, a media report said on Sunday. White guided South Africa to a 15-6 victory over England in the World Cup final at the Stade de France in Paris on October 20 and announced on Wednesday that he would quit his post in December.

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/ 4 November 2007

Mbeki’s men bid R7-billion to buy Johncom

President Thabo Mbeki’s political adviser and a government official are among a group who want to take over Johnnic Communications (Johncom). Koni Media Holdings, a company belonging to Mbeki’s adviser Titus Mafolo, Foreign Affairs Department spokesperson Ronnie Mamoepa, former chief of state protocol Billy Modise and a businessman, have launched a R7-billion bid.