Angloplat, the world’s biggest platinum producer, posted an expected 47% jump in interim profit on Monday, but higher costs and a cut in forecast output due to labour and safety issues cast a shadow. Angloplat shares rose 1,1% to R1 011 by 8.25am GMT, underperforming a 2,64% gain in rival Implats.
The Wallabies’ Rugby World Cup campaign is under threat of being derailed because of a major rift involving the coaching staff, which has prompted the intervention of Australian Rugby Union officials. Also, many senior players have lost confidence in several members of the Australian team management, writes a columnist in the Sydney Morning Herald.
Somalia’s exiled opposition leaders on Monday lashed out at the international community’s support for the Ethiopian-backed interim government and defended the deadly insurgency against Mogadishu. "The resistance of Somali people is a legitimate response" to Ethiopian occupation, former Parliament speaker Sharif Hassan Sheikh Aden said.
The South African government has tabled six new pieces of legislation to greet MPs as they return from their month-long winter break to start the new term on Tuesday. The Bills, with one exception, are all amendment Bills tidying up earlier legislation or making arrangements to deal with problems that have arisen since the original laws were passed.
Ingmar Bergman, one of the most influential film directors of the 20th century, died on July 30 at his home on the Swedish island of Fårö, his sister Eva told the TT news agency. He was 89. Bergman was widely acclaimed for films such as The Seventh Seal (1957) and Fanny and Alexander (1982), which won four Oscars.
An alleged Cape Town burglar, using a stolen police uniform, apparently worked in a police station for seven months, a media report said on Tuesday. Ricardo Voight (24) arrived at the Ocean View police station in November last year, dressed in a full police uniform allegedly stolen a few days before.
Brewing giant SABMiller reported a 13% rise in first-quarter underlying beer volumes on Tuesday, but said revenue growth was partly offset by higher input costs and increased investment. ”The group has made a strong start to the year,” the world’s second-biggest brewer said in a trading update for April to June.
At midday, the JSE was still firm, but was a tad lower than its strong opening this morning as the financial index started to pull back. At 12.01pm, the all-share index was 0,98% better as resources added 1,94% and the platinum-mining index climbed 1,20%. However, the gold-mining index was off 0,64%.
Don’t you just hate it when they take something you love and change it for the worse? Henry Ford didn’t upgrade his Model T by reverting to a steam engine, and nobody tries to build wide-body jetliners with propeller engines any more, so why did Hyundai South Africa take that lovely six-speed manual gearbox out of its Tiburon 2,7 and replace it with an auto — a four-speed, on top of it all?
Braving a biting wind in the remote Falkland Islands, tourists comb through trenches and battlefields from the British-Argentine war of 1982, finding weathered combat boots and tubes of toothpaste. These visits to see the scene to contemplate the tragedy of war — 904 people died in 73 days after Argentina tried to reclaim the South American islands from Britain — have given a big boost to tourism in the Falklands.