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/ 27 November 2007
Johan Ackermann joined South Africa on Monday as cover in case injured lock Bakkies Botha was unavailable for the Springboks’ season finale against the Barbarians this weekend. Botha hurt his ankle in the Boks’ 34-12 win over Wales at Cardiff on Saturday.
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/ 27 November 2007
From China’s scramble for resources on the African continent and the loss in value of the dollar to emerging markets, the high gold price, interest rates and inflation, Jeremy Gardiner takes a look at 26 factors that may influence your investments in the new year.
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/ 27 November 2007
Youths battled police for a second night in Paris suburbs, burning down government buildings and injuring more than 70 officers, forcing tighter security in the troubled towns. The riots lasted about six hours and continued into the early hours of Tuesday.
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/ 27 November 2007
A weaker rand offset the JSE’s earlier losses on Tuesday and the bourse was flat by midday. The JSE initially opened weaker following an overnight drop on Wall Street. At noon, the JSE’s all-share index was barely changed (+0,02%). The gold mining index climbed 0,62%, and resources lifted 0,24%.
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/ 27 November 2007
Africa’s biggest media group Naspers’ half year core headline earnings rose 32% to R1,75-billion. Naspers said core headline earnings per share came in at 506 cents, compared to 455 cents in the previous period. The firm warned that consumer spending would continue to slow, placing pressure on advertising and circulation revenues.
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/ 27 November 2007
International lenders have signed up a -million loan for the construction of a pan-African submarine cable to slash communication costs in the region. Five lenders, including World Bank’s International Finance Corporation and the African Development Bank, will deliver the money for the 23-nation East Africa Submarine System (EASSy) cable that will run from South Africa to Sudan.
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/ 27 November 2007
Leaders of Côte d’Ivoire were to meet on Tuesday with President Blaise Compaore of neighbouring Burkina Faso to fine-tune details of a peace deal brokered by him. Ivorian President Laurent Gbagbo and his Prime Minister Guillaume Soro will travel to Burkina Faso to discuss and sign supplemetary sections to the peace accords.
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/ 27 November 2007
Cross-border traders from Zimbabwe intending to travel to South Africa for business may now be eligible for a 12-month multiple entry permit, the Herald reported on Tuesday. A permit would be granted as long as they belonged to a bona fide association or a body representing small and medium-scale enterprises.
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/ 27 November 2007
A stadium collapse that killed seven people highlighted the crumbling state of Brazil’s soccer arenas less than a month after the country was chosen to host the 2014 World Cup, architects said on Monday. The victims fell 15m through a 3m wide hole that opened in the concrete stands of the Fonte Nova stadium in Salvador.
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/ 27 November 2007
Soldiers and rebels have both claimed to have killed several hundred of their opponents in combat on Monday in eastern Chad. The battles at Abougouleigne left ”several hundred [rebels] dead, several injured and several prisoners of war”, according to the statement from the army’s general staff.