Despite reaching a record high at the opening, the JSE was in the red in noon trade on Thursday, beaten into retreat by the rand, which broke below the R6 per dollar level. Telkom, which was hammered after it announced that it planned to spend 30 billion rand over the next five years in capital investment on its fixed line operations, also dragged on the bourse.
Dubbed by many as one of South Africa’s boldest cartoonists, Jonathan Shapiro — Zapiro — was named overall winner and Journalist of the Year at the annual Mondi Shanduka newspaper awards held in Sandton, Johannesburg, on Wednesday evening. The <i>Mail & Guardian</i> won the investigative journalism category for "Oilgate" by Stefaans Brümmer, Sam Sole and Wisani wa ka Ngobeni.
Mining exploration company Wits Gold, which is planning to list on the JSE at the end of April, will provide investors seeking leverage a long-term option on the gold price through its access to an ore resource of 1420-million troy ounces of gold in the Wits Basin,
More than 700 known England football hooligans will be free to travel to this year’s World Cup in Germany, despite a record number of banning orders being in place, The Times reported on Thursday. The newspaper said football banning orders will be in force on 4 000 troublemakers.
A jury has ordered pharma giant Merck to pay ,5-million to a man claiming that the pain medication Vioxx had caused his heart attack, the Wall Street Journal reported on Wednesday. A New Jersey jury on Wednesday delivered a split decision in the cases of two men who said they had suffered heart attacks after taking Merck’s Vioxx.
The Rolling Stones will finally play in China this weekend after a three-decade battle to win censorship approval, but there are few frenzied fans here awaiting the arrival of the British legends. The veteran bad boys of rock — the biggest music act ever to play in China — have chosen to play their one-off concert on Saturday at a tiny 8 000-seat theatre in Shanghai .
The South African Trade and Allied Workers’ Union (Satawu) on Thursday urged all its security guard members who were on strike to go back to work. On Wednesday, the labour court granted employers an interim interdict to declare the continued strike by Satawu illegal.
Norm Schreifels is building a 495 square-metre dream home with unimpeded views of the Sandia Mountains, an outdoor dining room that faces the city lights and a handful of plazas and portals that take advantage of New Mexico’s weather. At first glance, the home would send any conservationist into a frenzy.
After taking a battering from world champions Australia over the past four months the South African cricket team barely have time to draw breath before taking on New Zealand in three Test matches. As the Australians departed South Africa for a series in Bangladesh, the New Zealanders arrived in Johannesburg on Wednesday.
Apple Computer unveiled software on Wednesday that enables its Mac computers with Intel processors to run rival Microsoft’s Windows XP operating system. Apple said that its software, called Boot Camp, was available for download starting on Wednesday, and that the application will be a feature in Leopard, the company’s next release of the Mac operating system.