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/ 31 January 2006
Commodity stocks continued to be in vogue on Tuesday, pulling the JSE higher during the morning session. Gold and platinum stocks continued to find favour amid rampant precious metals prices, traders said. By 12.07pm, the all-share index was up 1,13%.
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/ 31 January 2006
Three people, two of them serving African National Congress MPs, have been added to the list of 21 Travelgate accused who will go on trial in the Cape High Court in July. A fourth name, that of ANC Western Cape MP Bruce Kannemeyer, will be added at a court appearance on February 16, Scorpions prosecutor Jannie van Vuuren said.
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/ 31 January 2006
The Durban High Court on Tuesday ruled that convicted fraudster Schabir Shaik must pay back R34-million to the state, said to be proceeds of crime. Judge Hilary Squires also ordered Shaik to pay the cost of the application by the national director of public prosecutions as well as the cost of two counsel.
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/ 31 January 2006
Last year Proton, made its debut in South Africa with the Gen2, an attractive four-door sedan. The company has now signalled it wants a larger slice of the cake with the arrival of the Arena, a small pick-up designed to take on the likes of Nissan’s 1400, Opel’s Corsa, Fiat’s Strada and the Ford Bantam.
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/ 31 January 2006
Choosing a Car of the Year is not an easy task. With so may brands, models and derivatives now available at prices ranging between R62 000 and R1 000 000-plus from the mainstream manufacturers alone, deciding which new model deserves to be crowned as the best of those launched in the past year is a complex task.
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/ 31 January 2006
The World Bank has delayed the release of about -million in loans to Kenya over corruption concerns amid new graft allegations that have rocked the East African nation, officials said on Tuesday. The money was earmarked for education, banking reform, budget support and HIV/Aids programmes.
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/ 31 January 2006
Robots were once an emblem of Sony’s technological prowess. But now the electronics giant is putting its robodog to sleep and firing its "ambassador" humanoid in a bid to return to financial health. Sony announced it would stop making entertainment robots just as it reported record profit for the December quarter in a sign of a possible turnaround.
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/ 31 January 2006
Operations at the majority of state-held Transnet divisions were proceeding normally, company spokesperson John Dludlu said in a statement as the strike in KwaZulu-Natal entered its second day on Tuesday. Barring the Durban Container Terminal, Richards Bay port and Metrorail in "a few areas", operations were running at 100%, he said.
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/ 31 January 2006
Judgement will be passed in the Durban High Court on Tuesday on the state’s bid to seize R34-million in assets from convicted fraudster Schabir Shaik, South African Broadcasting Corporation news reported. Judge Hilary Squires reserved his ruling on the matter on January 19. A written judgement will be handed down.
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/ 31 January 2006
Without government support, a proposal to provide electricity to the informal settlements that ring the Namibian capital, Windhoek, is likely to be shelved because residents cannot afford the connection costs. The communities have complained about the lack of electricity, and street lighting in particular.