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/ 5 July 2006

Should the 18-hole play-off be retired?

Annika Sorenstam was so tired from playing 54 holes in two days that she took Tuesday off after winning the US Women’s Open. Pat Hurst was exhausted before she got to the first tee for the 18-hole play-off, and that was after a night of rest. Imagine how Billy Burke and George Von Elm must have felt.

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/ 5 July 2006

SA still experiencing record consumer confidence

Consumer confidence remained at record-high levels during the second quarter of 2006, according to the latest FNB/BER consumer confidence index (CCI) released on Wednesday. First National Bank (FNB) and Stellenbosch University’s Bureau for Economic Research (BER) said in a statement the CCI declined by an insubstantial one index point.

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/ 5 July 2006

World Bank writes off $3,6bn of Ethiopian debt

The International Development Association, an arm of the World Bank, has written off ,616-billion of Ethiopia’s debt under the Multilateral Debt Relief Initiative, the bank’s country office disclosed on Wednesday. In a statement, the World Bank said Ethiopia’s economic performance over the past three years had been ”strong and broad-based”.

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/ 5 July 2006

Two dead as Somali Islamists enforce World Cup ban

At least two people were killed when Islamic gunmen opened fire on scores of young demonstrators protesting a ban on World Cup viewing at a cinema in central Somalia, witnesses said on Wednesday. The pair were shot and killed late on Tuesday when soccer fans, barred by Islamists from watching the semifinal match between Germany and Italy, complained.

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/ 5 July 2006

JSE weaker as it follows world markets

The JSE was weaker in noon trade on Wednesday in line with world markets. Renewed interest-rate jitters sparked by a weaker rand and concerns about North Korea’s missile tests also contributed to the weakness. By 12.06pm, the all-share and all-share industrial indices slipped 0,7% and 0,62% respectively.

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/ 5 July 2006

Bring on the Martians, says Italian press

Italy’s march into the World Cup final at the expense of Germany was met with banner headlines in the Italian press on Wednesday. The 2-0 extra-time win over the hosts in Dortmund was an historic one for the Italians, ”who could beat anyone — even the Martians” wrote the Roman newspaper Il Messaggero.

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/ 5 July 2006

North Korea lets fly with seventh missile

North Korea launched a seventh missile at about 5.20pm (8.20am GMT) on Wednesday, according to Japan’s Defence Agency. The missile landed six minutes later, but the location is not yet known. Pyongyang’s action has triggered a storm of international reaction, including immediate sanctions imposed by Japan and an emergency meeting of the United Nations Security Council in New York.

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/ 5 July 2006

Satawu struggling to make ends meet

The South African Trade and Allied Workers’ Union (Satawu) acknowledged on Wednesday it had a R3-million debt, but denied this was from the recent security guard strike. Spokesperson Ronnie Mamba confirmed union general secretary Randall Howard had issued a memorandum urging staffers to keep costs under control, but said this was routine.