A post template

No image available
/ 31 July 2007

De Beers strike called off

The National Union of Mineworkers (NUM) has called off its planned strike at diamond producer De Beers after reaching an agreement on wages in negotiations on Tuesday afternoon. The union’s 3 350 members at De Beers’ six mines in South Africa were to have downed tools just hours later, from the start of the 9pm night shift.

No image available
/ 31 July 2007

Bad news on inflation deepens Zim misery

Zimbabweans were reminded on Tuesday that there is only one certainty in their lives. Prices are running wild and there is nothing they can do about it. The latest bad news came from Mozambique, where an International Monetary Fund official projected the Southern African country’s year-on-year inflation could reach over 100 000% by year end.

No image available
/ 31 July 2007

Madagascar flattens homes ahead of Ocean games

Malagasy authorities have destroyed 137 houses and expect to knock down more ahead of next month’s Indian Ocean Games, an official said on Tuesday. The structures were built illegally on land set aside for the August 9 to 19 competition, said Elyse Razafimahefa, a senior official in the capital, Antananarivo’s, city council.

No image available
/ 31 July 2007

Afrikanerbond challenges business on poverty fund

Afrikanerbond chairperson Pierre Theron has appealed to prominent black businessmen to start an upliftment fund for black South Africans, similar to that launched in the 1930s to benefit poverty-stricken Afrikaners. He said on Tuesday the fund launched by the Afrikanerbond’s predecessor, the Afrikaner Broederbond, raised R30-million over only six years.

No image available
/ 31 July 2007

Are ATM blasts fizzling out?

Four automated teller machines (ATMs) were blown up in separate incidents around the country in the past week. However, the South African Banking Risk Information Centre is confident there has been a decline in such incidents recently, and that the downward trend will continue.

No image available
/ 31 July 2007

Govt looks at dual HIV-prevention strategy

The Health Department is preparing to introduce dual therapy to improve prevention of mother-to-child transmission of HIV. The National Strategic Plan for HIV and Aids and Sexually Transmitted Infections allows for introducing dual therapy for reducing mother-to-child transmission, the department said in a statement on Tuesday.