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/ 15 November 2007

Investec posts operating profit up 24%

South African investing banking and asset-management group Investec said on Thursday that pretax operating profit increased 23,8% to £254,3-million (R3,6-billion) in the six months to September 30. ”Whilst current conditions within the UK credit markets remain, activity levels are likely to be impacted,” said chief executive Stephen Koseff.

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/ 15 November 2007

Win or wilderness for Cup minnows

Defeat is too terrible to contemplate for six African minnows when they clash in 2010 World Cup qualifiers this weekend. Failure means three years in the wilderness because the fixtures double as 2010 African Nations Cup qualifiers and the losers will not play competitively again until late that year.

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/ 15 November 2007

All Blacks blame World Cup referee

The All Blacks coaches have blamed English referee Wayne Barnes for their World Cup failure, it was reported on Thursday as the New Zealand Rugby Union deliberated on the future of the coaching panel. Head coach Graham Henry and his assistants Steve Hansen and Wayne Smith have maintained a diplomatic silence about Barnes’ performance in the World Cup quarterfinal.

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/ 15 November 2007

Big earthquake kills two in Chile, hits mining

A powerful earthquake hit mineral-rich northern Chile on Wednesday, killing at least two people, injuring more than 100 and halting output at some of the world’s largest copper mines. Two people were confirmed dead and 117 were injured in the magnitude 7,7 quake, which raised massive dust clouds in Chile’s mountainous north

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/ 15 November 2007

R1-billion ‘looted’ from Land Bank

R1-billion was ”looted” from the Land Bank, the Ministry of Agriculture and Land Affairs said on Wednesday. ”The amounts reported as ‘looted’ in the weekend newspapers are inaccurate,” said ministry spokesperson Godfrey Mdhluli. The Sunday Times reported that top Land Bank officials had siphoned off more than R2-billion meant for farmers.