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/ 22 September 2005

Destructive, deadly storms hit Bay of Bengal

At least 64 people died and hundreds of thousands were displaced after powerful storms left a trail of devastation across the Indian and Bangladeshi coasts in the Bay of Bengal, officials said on Wednesday. The southern Indian state of Andhra Pradesh bore the brunt of the storms, which killed 58 people in the region.

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/ 22 September 2005

Social crimes hard to police, says minister

Social crimes, which are on the increase, are often committed behind closed doors and difficult to police, according to Minister of Safety and Security Charles Nqakula. Addressing a Business against Crime dinner, he said combined efforts by government ministries have increased the number of arrests and improved investigations.

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/ 22 September 2005

US passenger jet makes dramatic landing

A United States airliner with 146 people on board made a dramatic but safe emergency landing on Wednesday amid a hail of sparks and smoke after its nose wheels jammed wildly out of alignment. Sparks, flames and a pall of thick smoke erupted from the tyres as they scraped along the tarmac.

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/ 22 September 2005

Mbeki calls for more black accountants

South Africa needed more black accountants, President Thabo Mbeki told the South African Institute of Chartered Accountants (Saica) on Wednesday evening. Mbeki was speaking at a dinner marking Saica’s 25th anniversary. ”I think we will agree that we should mobilise more resources” to help train black accountants, Mbeki said.

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/ 22 September 2005

Rita rivals power of Katrina

Tens of thousands of people along the United States Gulf Coast grabbed their most prized possessions, boarded up their homes and fled on Wednesday in the face of the onslaught from Hurricane Rita, a category-five storm that could rival Hurricane Katrina in intensity when it makes landfall this weekend.

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/ 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.