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/ 15 February 2006
A Transnet strike in the Western Cape and Northern Cape kicked off on Wednesday with rail services in the Cape Town area severely affected. The South African Transport and Allied Workers’ Union said more than 5 000 employees downed tools to protest ”management’s unilateral decisions about restructuring the company”.
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/ 15 February 2006
South African Finance Minister Trevor Manuel on Wednesday tabled a conservative Budget, eschewing corporate and individual income tax rate cuts, even though the revenue over-run in the 2005/06 fiscal year is projected at R41-billion. Compared with last year’s Budget, when the fiscal deficit to gross domestic product ratio was forecast to remain near 3% over the medium term, Manuel this year reduced that to the 1,5% level.
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/ 15 February 2006
Thousands of Khutsong residents marched to the local police station on Wednesday to protest the transfer of Merafong municipality from Gauteng into the North West. The group earlier threatened to boycott the March 1 local government election. ”If this is democracy, then we are willing to die for it,” said one protester.
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/ 15 February 2006
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The Durban High Court on Wednesday ordered the Scorpions to return certain documents seized from former deputy president Jacob Zuma and his lawyer, South African Broadcasting Corporation radio news reported. The documents relate to the investigation into Zuma’s ”generally corrupt” relationship with Schabir Shaik.
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/ 15 February 2006
Jockey Shabalala, a member of South Africa’s most famous a cappella ensemble, has died, the group’s record company said on Tuesday. He was 62. Shabalala, whose brother Joseph founded and still leads Ladysmith Black Mambazo, died on Saturday of natural causes surrounded by family at his home in Ladysmith.
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/ 15 February 2006
The JSE was in positive territory just before noon on Wednesday lifted by bargain hunting after three days of losses. Volumes were fairly light, however, as players adopted a cautious approach ahead of Minister of Finance Trevor Manuel’s Budget speech at 2pm. At 11.51am, the all-share index added 0,95%.
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/ 15 February 2006
Australia’s cricketers celebrated their crushing win in the one-day series against Sri Lanka and South Africa on Wednesday, as national selectors continued to experiment with the team line-up ahead of next year’s World Cup. The world champions had faced criticism recently over the decision to rest key players from some games during the triangular series.
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/ 15 February 2006
Even on a treacherous track, Germany’s high-powered luge machine never lost traction. The undisputed queens of luge made the Olympic competition their own, sweeping the medals once again and leaving the rest of the sliding world to wonder what it will take to slow them down.
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/ 15 February 2006
Wayne Gretzky says it’s over. The distant look in his eyes and the weariness in his voice say it’s not. Gretzky, hockey’s biggest name and the touchstone of all things sporting in Canada, didn’t arrive at the Olympics until Tuesday. Already, he can’t wait for the questions to stop.
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/ 15 February 2006
Mittal Steel SA made its owners R5,08-billion in the 2005 financial year to December, a 12% increase on the previous year. ”The excellent results were driven by higher average sales prices; higher export sales; and the non-recurrence of business assistance agreement payments made during 2004,” the company said on Wednesday.