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/ 19 October 2007

Northern Rock chairperson to resign

Britain’s Northern Rock on Friday announced the resignation of chairperson Matt Ridley following a turbulent period at the crisis-hit bank. He will be succeeded by Bryan Sanderson, a former chairperson at British-based emerging markets bank Standard Chartered and healthcare firm Bupa, the company said in a statement.

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/ 19 October 2007

Politicians hit by rugby fever

South Africa’s politicians are not immune to Rugby World Cup fever, with a fair number already in or on their way to Paris for Saturday’s final against England at the Stade de France. Leading the way, President Thabo Mbeki left for France on Friday morning, sporting his Springbok jersey and cap.

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/ 19 October 2007

Go Bokke, says Mbeki

”Go Bokke, go!” is the message from President Thabo Mbeki on the eve of the Rugby World Cup final between South Africa and England. In his weekly newsletter, published on Friday on the ANC Today website, Mbeki said the government was confident the Springboks would repeat what they did at Ellis Park in 1995, and walk away as rugby world champions.

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/ 19 October 2007

Canada’s Platinum Group seeks SA assets

Canada’s Platinum Group Metals is scouting for more mining rights in South Africa, the world’s top platinum producer, and is seeking permits to start construction at its existing projects in the country. ”We have been very actively looking in South Africa,” R Michael Jones, president and chief executive of the company, said on Thursday.

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/ 19 October 2007

Relief as EU leaders strike treaty deal

European Union leaders voiced relief at clinching a deal on Friday on a treaty to reform the 27-nation bloc’s institutions, replacing a defunct constitution and ending a two-year crisis of confidence in Europe’s future. ”It’s an important page in the history of Europe,” Portuguese Prime Minister Jose Socrates said on arriving to chair the second day of an EU summit.

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/ 19 October 2007

Racism row haunts India

A racism row has refused to go away in India where fans repeatedly taunted Australia’s only black player, tarnishing the country’s sporting image. Andrew Symonds was subjected to monkey chants from the crowd during the fifth game of seven in the India-Australia one-day series and booed and mocked in the final game in Mumbai on Wednesday.