Fidentia’s curators say they have uncovered evidence of a ”multiplicity of wrongdoings” in the troubled asset-management group. They also say investors will face an estimated shortfall of about R1-billion once Fidentia’s affairs have been sorted out. The revelations are contained in a report filed in the Cape High Court as part of an application for a final curatorship order.
The late pope John Paul II will move a step closer to sainthood next week when the Vatican receives proof of his miraculous intercession to cure a French nun of Parkinson’s disease, diocesan officials said on Tuesday. The ”miracle” will qualify the charismatic Polish pope for beatification, the main stepping stone to becoming a saint.
A Newcastle man sentenced to five years in jail for two counts of theft after illegally selling electricity through a machine stolen from Eskom had his sentence cut to a R10 000 fine by the Pietermaritzburg High Court on Tuesday. Petros Lashani Ndlovu was earlier convicted in the Newcastle Regional Court of stealing an Eskom credit-dispensing unit.
The government plans to cut rush-hour traffic around South Africa’s big cities by at least 20% over the next three years, Transport Director General Mpumi Mpofu said on Tuesday. She warned of future steps to discourage ”single-occupancy vehicles” such as more dedicated highway lanes for high-occupancy vehicles.
Former Sudanese rebels warned on Tuesday that a peace agreement signed last year is in danger of collapsing if the government rejects its demands following clashes that killed at least 10 people. Eight members of rebel group the Sudan Liberation Movement (SLM) and two Sudanese police officers were killed in the clashes on Saturday in the city of Omdurman.
South Africa’s Cameron van der Burgh broke the African record in the men’s 50m breaststroke at the Rod Laver Arena on Tuesday. He broke one of the oldest records in the swimming history books when he completed the race in 27,49 seconds. The 18-year-old could not improve on his time in the evening’s semifinal, but qualified for the final in 27,99 seconds.
KwaZulu-Natal’s (KZN) coastal municipalities will get help from the National Treasury in footing the bill to clean up in the wake of the freak surf that battered the province’s coastline, Provincial and Local Government Minister Sydney Mufamadi said on Tuesday. However, Mufamadi refused to be drawn on how much aid would be forthcoming.
The English Football Association (FA) on Tuesday offered its support to embattled national coach Steve McClaren. McClaren, who replaced Sven Goran-Eriksson after the World Cup, is under fire after England’s poor start to the European Championship qualifying campaign.
Mozambican authorities were making arrangements on Tuesday for a number of children who were severely injured and traumatised in the recent explosions at a Maputo armoury to travel to South Africa for further treatment. Official figures say 101 people were killed and more than 500 were injured in the blasts at the country’s main military armoury.
A Bosnian court was gentle on a man found guilty for a series of bomb attacks earlier this year after he confessed and said he was motivated by love. "I think that the judge has taken into account Mladen Kragulj’s confession, regret and motive in deciding the sentence," defence lawyer Dragan Barbaric said.