No image available
/ 2 September 2005
The JSE ticked higher in early trade on Friday, again shrugging off a stronger rand. The gains came on light volumes. The JSE said however that a number of the closing index values for Thursday were incorrect. The problem was being addressed.
No image available
/ 2 September 2005
The African National Congress feels the Congress of South African Trade Unions (Cosatu) has jumped the gun by rejecting President Thabo Mbeki’s call for an inquiry into claims that there is a plot against Jacob Zuma. ”We feel it is unfortunate that Cosatu has rejected the proposal before engaging,” said ANC spokesperson Smuts Ngonyama.
No image available
/ 2 September 2005
Trade union leaders are increasingly talking of transferring their allegiance to African National Congress general secretary Kgalema Motlanthe as a compromise candidate for the country’s next presidency. A senior Congress of South African Trade Unions leader said this week that there was a growing recognition on the left that Jacob Zuma might not succeed to the presidency, because he was ”tainted”.
No image available
/ 2 September 2005
The Scorpions have raided the homes of top officials of the now defunct Saambou Bank, South African Broadcasting Corporation radio news reported on Friday. The raids were carried out in search of documents relating to alleged insider trading. The pending insider trading case is said to be the biggest in the country’s history.
No image available
/ 2 September 2005
The mayor of New Orleans issued ”a desperate SOS” on Thursday as the effort to evacuate thousands of people still trapped in the flooded city was hindered by mob violence and gunfire. The appeal came as angry crowds clashed with police, and the city’s police chief warned that storm victims were being raped and beaten on the streets.
No image available
/ 2 September 2005
Mass funerals for victims of Baghdad’s stampede were held across Iraq on Thursday, with politicians trading blame for the deadliest disaster since the 2003 invasion. Fleets of mini-buses and pick-up trucks ferried hundreds of corpses for burial to the Shia holy city of Najaf while emergency services continued scouring the Tigris river for bodies.
No image available
/ 2 September 2005
The <i>Mail & Guardian</i>’s Rapule Tabane put tough questions to the ANC’s head of the presidency, Smuts Ngonyama, about the crisis sparked by the axing of Jacob Zuma
No image available
/ 2 September 2005
Parliament’s portfolio committee on minerals and energy this week endorsed the findings of Public Protector Lawrence Mushwana, clearing PetroSA of any wrongdoing in its advance payment of R15-million to Imvume Management. Ruling party MPs were scathing about what they said were "baseless" allegations about the scandal.
No image available
/ 2 September 2005
It was her breasts that betrayed the Queen of the Elves. Where once folds of white gossamer covered a bosom as ambivalent (perhaps even manlike) as the dread sovereign, now fairy spandex strained to the point of laddering against unmistakably optimistic 36Cs.
No image available
/ 2 September 2005
After several years of tinkering at the margins, the government is now contemplating robust interventions in what it believes are crucial sectors of the "real economy": a dramatically expanded regime of subsidies for some industries, more support for strategic clusters and a tougher crackdown on the pricing of basic inputs such as steel, telecommunications and chemicals.