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/ 19 December 2005
It would take a lot to top the events of 2005 in South Africa’s banking sector. But indications are that 2006 could prove to be just as exciting. Speculation is still rife that a second international bank could be looking to take out one of South Africa’s "big four" banks.
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/ 19 December 2005
A massive effort is under way to provide fuel to the two sectors most in need — the deciduous fruit farmers in the Western Cape and the summer rainfall farmers of Gauteng, Mpumalanga, the Free State and North West — the South African Petroleum Industry Association (Sapia) said on Monday.
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/ 19 December 2005
Retief Goosen made a crucial birdie putt on the 18th hole to win the South African Airways Open by one stroke from Ernie Els at The Links, Fancourt, on Sunday. Goosen posted a 70 for a 72-hole aggregate of 282, 10-under-par, while Els fired a five-under-par 68 for a 283 at nine under.
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/ 19 December 2005
Almost 25 years to the day after losing a memorable Mainstay Cup final against Orlando Pirates at Orlando Stadium, Moroka Swallows buried the ghost of that landmark defeat with a throbbing 3-1 Premier Soccer League victory over their old derby rivals at Orlando Stadium on Sunday afternoon.
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/ 19 December 2005
The Warriors piled on the agony for the Cape Cobras as they won their Standard Bank Cup match at Paarl on Sunday. A good comeback by the Cobras almost swung the match back in their favour, but by the end the home side remained rock bottom on the log, still seeking a victory after seven matches.
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/ 19 December 2005
Chelsea regained their nine-point lead in the English Premier League on Sunday, beating Arsenal 2-0 on goals by Arjen Robben and Joe Cole. In the day’s other Premier League game, Mido scored an 83rd-minute goal to rally Tottenham to a 3-3 draw at Middlesbrough.
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/ 19 December 2005
The release of the Black Economic Empowerment (BEE) Codes of Good Practice by the Department of Trade and Industry this week goes a long way towards demystifying growing confusion around compliance to legislative requirements of BEE, according to Robin Woolley, BEE consultant at Ernst and Young.
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/ 19 December 2005
The JSE continued its record-breaking run on Monday, trading at a new best level to date during the morning session, in a continuation of the trend seen last week and amid firm global markets. The rand was bid at R6,37 per dollar from R6,41 when the JSE closed on Thursday.
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/ 19 December 2005
The levels of unemployment in South Africa continued to be one of the biggest challenges of 2005, together with the growth of casualisation and a reduction in the quality of jobs, the Congress of South African Trade Unions (Cosatu) says. Cosatu spokesperson Patrick Craven said that the income gap, unemployment, casualisation and a reduction in the quality of jobs were among the reasons for a number of strikes in 2005.
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/ 19 December 2005
Tanzania’s Revolutionary Party cemented its four-decade grip on power on Sunday when presidential election results confirmed victory for its candidate, Foreign Minister Jakaya Kikwete. Kikwete took 80% of the vote in Wednesday’s polls, demolishing nine challengers in the country’s third elections since the introduction of multiparty politics in 1992.