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/ 1 August 2005

Standard & Poor’s raises SA credit ratings

South Africa’s long-term foreign and local currency sovereign credit ratings were raised one notch each by agency Standard & Poor’s on Monday. The upgrade, which reflects on a country’s ability to repay money borrowed on the international markets, is based on improved macro-economic stability, the agency said in a statement.

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/ 1 August 2005

Egyptian police kill terror suspect

An Egyptian man charged over the deadly attacks in Sinai last October and suspected of links to last month’s multiple bombings in Sharm el-Sheikh was killed on Monday by security forces, police said. Mohammed Saleh Felifel was killed in the Ataqa Mountains, east of Cairo and across from the Sinai peninsula.

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/ 1 August 2005

Confident All Blacks mum on tactics

The All Blacks imposed a rigid blackout of their morning training session on the third day of their stay in Durban in preparation for the upcoming Tri-Nations rugby Test against the Springboks in Cape Town on Saturday. At the end of the session, the media were granted interviews with lock James Ryan and fullback Leon McDonald.

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/ 1 August 2005

Keep your distance, defiant Mugabe tells West

Zimbabwean President Robert Mugabe returned to work on Monday after a visit to China yielded a few agreements but fell way short of an expected rescue package for his country, and remained defiant of Western criticism of his regime. The 81-year-old leader shrugged off global pressure over his government’s urban demolition blitz.