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/ 23 June 2006

Rand tumbles against dollar after record deficit

The rand fell on Friday to the lowest point against the United States dollar since January 2004, a day after the South African government announced a multi-year record deficit for the country’s current account. In European trade in London, the rand fell as low as $0,1328 — a level last seen on January 16 2004. By early afternoon in London, it stood at $0,1331.

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/ 23 June 2006

Report: Race a factor in access to wealth

Race is still a key factor in access to wealth in South Africa, says a government report on macro-social trends released on Friday. The 109-page document released in Pretoria, titled A nation in the making: A discussion document on macro-social trends in South Africa, revealed a society still grappling with transition.

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/ 23 June 2006

Former coup prisoner recuperating in SA

The former South African prisoner pardoned by Equatorial Guinea, Marius ”Bone” Boonzaaier, was better but still receiving medical treatment, his family said on Friday. ”Bone received medical treatment on arrival at Johannesburg International airport and is still receiving medical attention,” his wife Georgia said in a statement.