Manufacturing production figures for March show healthy growth of 5,7% in volumes compared with March last year. It was really petroleum products, and motor vehicles and transport equipment that contributed significantly to total quarter on quarter manufacturing growth.
Fourteen tons of dagga were found in the mountains of the Eastern Cape and three people were arrested in an operation running from last Wednesday to Friday, police said. Two unlicensed firearms and 85 rounds of ammunition were also confiscated. Superintendent Mzukisi Fatyela said the dagga is harvested at this time of the year.
When creating your investment and savings plan, you need to understand your goals and how to achieve them. You will have different strategies according to your goals. Independent financial educator Dave Crawford cites an example of a 36-year-old client, who by the age of 49 wants to have set up his investments so that he can live off the income they generate.
Passive funds are big business overseas, with most pension funds using them as core investments and using specialist funds as performance kickers. Passive funds are exactly that. They simply track an index; there is no fund manager actively buying and selling shares and trying to out-perform the market. Hence, passive funds tend to be quite a bit cheaper.
Metrorail may call in the defence force to combat almost daily deaths on trains in the safety vacuum left by the security guards’ strike. ”We are concerned that almost every day people die or are injured on the trains, because it’s not normal for Metrorail,” said Metrorail spokesperson Thandi Mlangeni.
Politician and Independent Democrats leader Patricia de Lille and journalist and rape activist Charlene Smith faced the Constitutional Court this week in a legal battle that could have important implications for the right of privacy. The case is the final episode in a protracted struggle over De Lille’s biography, penned by Smith.
Just as the African National Congress has set up a commission to investigate hoax e-mails, a new e-mail scandal involving the Jewish Board of Deputies and the ANC has erupted. The board’s national director, Yehuda Kay, has stepped down over an e-mail he sent to the head of the ANC policy centre, Mandla Mabuza, which contained disparaging comments about Democratic Alliance leader Tony Leon.
Zimbabwe said Friday that its inflation rate has crossed the 1 000% threshold and is currently at 1 042,9%, one of the highest rates in the world. Reserve Bank of Zimbabwe Governor Gideon Gono had predicted in January that inflation would recede to below 500% in June and decline to double digits next year.
Marcus Trescothick marked his return to international cricket with a hundred as England established a promising position on the first day of the first Test against Sri Lanka at Lord’s. At stumps, England were 318-3, after a day where extraordinary off-spinner Muttiah Muralitharan, in his first Test at Lord’s, had been the main brake on their progress.
By the time they run on to the field this weekend, the Bulls and Sharks will know either that it is too late or the exact size of the mountain they have to climb. It all depends on the Crusaders doing them a favour by thrashing the Brumbies. And so the Super 14 enters its final weekend of log play with the sounds of regret on the wind in Pretoria and Durban.