A post template

No image available
/ 21 September 2005

CGT is starting to bite

Capital gains tax (CGT) will have been in effect for four years next month, and people are starting to feel the effects of the tax on their profits. ”In the first few years asset prices had not risen that much, but now we are seeing a boom in both the property market and the share market and the capital gains are much higher,” says Tony Barrett, regional manager at BJM Private Client Services.

No image available
/ 21 September 2005

Iraq and Britain pledge unity after tension

The governments of Britain and Iraq insisted on Wednesday that recent tension over a British army operation in Basra will not have an adverse effect on relations. Speaking at a joint news conference with British Defence Secretary John Reid, Iraqi Prime Minister Ibrahim Jaafari described the events in Basra as ”regrettable”.

No image available
/ 21 September 2005

N Korea accuses US of planning nuclear attack

In a second day of bluster following a landmark disarmament accord, North Korea on Wednesday threatened retaliation if the United States carries out what the North claims are plans to annihilate it in a nuclear attack. At six-nation talks in Beijing on Monday, North Korea had promised to give up its nuclear-weapons programme.

No image available
/ 21 September 2005

Arrows notch up first win of season

Lamontville Golden Arrows beat Tembisa Classic 2-0 in a KwaZulu-Natal Castle Premiership derby played at King Zwelithini Stadium on Wednesday afternoon, thanks to goals by Alton Meiring and Mabhuti Khanyeza. This was Arrows’ first win of the season and Classic’s first loss under new management.

No image available
/ 21 September 2005

To drive or not to drive?

On October 20, Gauteng motorists will have to ask themselves: Do I leave my car behind for one day? Car-Free Day, an initiative from the Gauteng department of transport, challenges motorists to take responsibility for their driving habits. ”We encourage people to … travel with public transport,” a departmental spokesperson said.

No image available
/ 21 September 2005

‘War against crime far from won’

There is no reason for the government to feel complacent about crime, as it is clear the war against crime is far from won, the Democratic Alliance said on Tuesday. The annual crime statistics — for the 2004/05 financial year — were released in Pretoria on Tuesday. The statistics reveal an average drop of 5% to 6% in most categories of crime, but also show increases in others.

No image available
/ 21 September 2005

Airline, union meet to avert strike

Nationwide Airline officials were meeting leaders of the trade union Solidarity on Wednesday to avert a potentially costly strike, the company and union said. ”We believe that there will be a settlement,” said Peter Griffiths, the airline’s financial director, speaking before the 3pm meeting.