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/ 13 July 2006

Manhunt launched after heist at Bloemfontein airport

Free State police have launched a manhunt for a gang who robbed a chartered aircraft at the Bloemfontein airport of an undisclosed amount of money early on Thursday. Police spokesperson Captain Elsa Gerber said a group of between eight and ten men stopped their Ford bakkie in front of the Baron Beachcraft twin prop plane at around 7.45am, preventing the pilot from taking off.

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/ 13 July 2006

Antarctic under threat as thirst for oil grows

Declining oil reserves and soaring prices could see desperate nations overturning a ban on drilling in the last untouched frontier — Antarctica, an oil expert told a scientific conference on Thursday. Pressure to exploit the pristine, icy continent could become irresistible, said Ali Bakhtiari, a former senior adviser for the National Iranian Oil Company.

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/ 13 July 2006

Saddam on hunger strike for five days

Saddam Hussein and three of his co-defendants have been on hunger strike for five days in protest at court procedures and the killing of their defence lawyers, the United States military said on Wednesday. A spokesperson, who declined to identify the other three, said all four had refused meals since Friday evening but were in good health. Saddam’s lawyer said the protest had lasted for seven days and he was concerned about the former president’s health.

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/ 13 July 2006

Zimbabwe arms-cache suspect denied bail

A white Zimbabwean security expert who has been in police cells since March for allegedly plotting to overthrow President Robert Mugabe’s government has been denied bail for a third time, reports said on Thursday. Michael Hitschmann was arrested after detectives found what they said was a cache of arms at his house in the eastern city of Mutare.

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/ 13 July 2006

Eskom says pre-tax profit is R6,8-billion

South African power utility Eskom announced a pre-tax profit of R6,8-billion for the financial year ending on March 31 2006 from R7,6-billion for the 15-month period ended March 31 2005. Chief executive Thulani Gcabashe said 2006 had been characterised by a significant number of challenges, particularly in the generation and transmission of electricity in the Cape.

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/ 13 July 2006

JSE hit by red tide

The JSE was weaker in noon trade on Thursday, unable to escape the red tide that was sweeping world markets. Steep losses were seen in interest-rate-sensitive stocks — a weaker rand meant they were hit by a double whammy. "Obviously we are following world markets. Everything is in the red," a dealer said.

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/ 13 July 2006

Blasts will test India-Pakistan peace process

Serial blasts that killed 200 people in Mumbai will "test the resilience" of the peace process between nuclear-armed India and Pakistan but are unlikely to derail it, analysts said on Thursday. New Delhi has not attributed the attack to Pakistan-based Islamic militants, but Indian police say Tuesday’s rush-hour bombings that also wounded nearly 800 people bore the hallmark of one such group.