The proposal by the Zimbabwe government that it own 51% of the country’s platinum mines, with a proposed ceding of 25% for free, would render Zimbabwe’s existing platinum mines, as well as any expansions, "uneconomic", Impala Platinum (Implats) Chief Financial Officer David Brown told I-Net Bridge on Monday.
Closing arguments began on Monday in the trial of a man charged with being in a gang that played the ultra-violent Grand Theft Auto video game by day then robbed and murdered by night. Demarcus Ralls (21) sat between his defence attorneys as prosecutor Darryl Stallworth told jurors that Ralls and other ”Nut Case” gang members terrorised the city of Oakland from late 2002 into early 2003.
Australia on Tuesday recalled three Ashes casualties in Damien Martyn, Michael Clarke and Michael Kasprowicz but snubbed fellow discard Jason Gillespie’s push for a ticket to South Africa. Selectors instead named Shaun Tait in a 14-man Test squad which had no room for batsman Brad Hodge and New South Wales quick Nathan Bracken.
The SA Transport and Allied Workers’ Union has threatened to make its national strike on Monday next week the launching pad of a second round of downing tools. This follows the union’s claim that Transnet, at the weekend, went ”behind labour’s backs” and signed an agreement to transfer Metrorail to the SA Rail Commuter Corporation by the end of this month.
Corrie Holloway is one of an increasingly maverick pack of women challenging racial and gender stereotypes by being the only white biker in a motorcycle club in Soweto. With her blond and dyed Afrikaner hair and green eyes and ”biking in the blood”, Holloway embodies the rainbow nation by being a member of The Eagles.
A four-year-old boy who died in Indonesia is the sixth suspected fatal victim of bird flu in the last week, health workers said on Tuesday. The boy died on Monday at Sayidiman Hospital at Magetan, in East Java, less than 10 minutes after arriving, Sudarsih, a nurse, told Agence France-Presse.
Before you start investing, you need to understand the risks involved in buying shares. Last month we highlighted the benefits and said that over time equities prove an excellent investment, although there are risks that need to be managed. The interest earned from cash is considered a "risk-free rate".
Absa recently ran an advert on how you can save 10% on your home loan repayments every month. The problem is that it didn’t mention what this was going to cost in the long run. Basically, the idea is that you can extend the period of your home loan from 20 to 30 years.
Last year JSE equity gains were underpinned by the powerhouse performance of resources, which rocketed 71,5%. With market-watchers now trying to identify the "outperformer" of 2006, Stanlib says small caps are high on the list of potential big winners. In 2004 the small cap index returned 55%.
Star swimmer Ian Thorpe will skip the Commonwealth Games due to illness. Thorpe, a multiple Olympic and world championship gold medalist, has bronchitis and a viral infection. ”It is very frustrating, it is very disappointing that I cannot be part of the team competing in Melbourne,” a tired looking Thorpe said on Tuesday.