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/ 3 August 2006

SA auditing regulator ‘strongest in the world’

The new Auditing Profession Act has delivered a "world-class" regulator says Kariem Hoosain, CEO of the Independent Regulatory Board for Auditors (IRBA), speaking at the launch of the IRBA. Hoosain said: "I have just returned from a trip to Canada where the senior partner of one of the largest international audit firms told me the IRBA was in his opinion the strongest regulator in the world."

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/ 3 August 2006

Primedia gains controlling stake in Exactmobile

Media and entertainment group Primedia has acquired a 50,05% shareholding in Exactmobile, a wireless application service provider and the leading mobile content provider in South Africa. Primedia said on Thursday that Exactmobile had a strong brand with high recognition amongst the 13-24 demographic and a large national footprint.

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/ 3 August 2006

Man punished for 2m drunk ‘drive’

A Norwegian man who "drove" 2m after accidentally releasing his car’s hand brake while fumbling drunk got a stiff fine and a 15-day suspended jail sentence, Norway’s supreme court said on Thursday. Jarle Torgeir Kjoerren (46) got into his BMW while drunk with a blood alcohol level of 1,8g — several times the 0,2g legal limit in Norway.