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/ 26 July 2005

Zim flattens more homes amid protests

Zimbabwe has resumed destroying homes, witnesses said on Tuesday, a day after United Nations Secretary General Kofi Annan said he plans to visit the country to discuss the demolition campaign. Meanwhile, South African opposition Democratic Alliance leader Tony Leon has launched his party’s Stop the Mugabe Loan Campaign.

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/ 26 July 2005

Strike costs SAA R25-million a day

The current strike is costing South African Airways (SAA) R25-million a day, an economist said on Tuesday. T-Sec chief economist Mike Schussler said that is not the total cost of the strike — which is lower — as there are mitigating factors. Schussler also said the Pick ‘n Pay strike is very different.

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/ 26 July 2005

Sanlam finalises sale of Absa stake to Barclays

Sanlam, South Africa’s second-largest life assurer, has finalised the sale of its entire 21,3% stake in banking group Absa to the United Kingdom’s Barclays Bank for R10,3-billion, the company said in a statement on Tuesday. The group sold all of its 124,3-million Absa shares for R82,50 per share in the transaction.

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/ 26 July 2005

Kenya declares war on killer malaria

Kenyan President Mwai Kibaki on Tuesday launched a countrywide programme to combat malaria, the top killer of pregnant women and children under the age of five in the East African nation. The National Malaria Programme includes distribution of free insecticide-treated nets, treatment and developing strategies to combat the disease.

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/ 26 July 2005

Charity Cup voting a ‘sham and fiasco’

As long as they remain overwhelmingly the most popular soccer clubs in the country, Kaizer Chiefs and Orlando Pirates should be entrenched as participants in the annual Telkom Charity Cup. Who says so? None other than loquacious, controversial one-time Premier Soccer League public-relations officer Abdul Bhamjee.