The JSE Securities Exchange (JSE) was looking strong in late morning trade on Thursday, led by resources heavyweights Anglo American and BHP Billiton, which were both up in London. Volumes were relatively light and dealers said that the JSE was merely following European markets.
Zambian striker Collins Mbesuma was named South African Footballer of the Year at an end-of-season awards ceremony on Wednesday. Another striker, Sandile Ndlovu, topped the Players’ Player of the Year poll and former national team striker Pitso Mosimane of Supersport United won the Coach of the Year category.
Old Mutual, South Africa’s largest financial-services group, made good progress in the area of black economic empowerment (BEE) last year, it has emerged from the company’s <i>2004 Old Mutual Corporate Citizenship Report</i>, released on Thursday. During 2004, Old Mutual facilitated empowerment deals worth R500-million.
The Canterbury Crusaders plan to avoid being beaten finalists in the Super 12 for a third straight year on Saturday by remaining focused on playing their own style of rugby against the New South Wales Waratahs, second-rower Chris Jack says. Both sides named unchanged sides on Thursday for the final at Christchurch’s Jade Stadium.
The CIA is conducting a war game this week to simulate an unprecedented, September 11-like electronic assault against the United States. The three-day exercise, known as ”Silent Horizon,” is meant to test the ability of the government and industry to respond to escalating internet disruptions over many months.
Uganda’s President Yoweri Museveni has ordered his government to reduce its dependence on foreign aid and lashed out at ”paternalist” donors whom he said want to impose their values on his country. ”I do not accept someone telling me how to run Uganda because I know Uganda better,” said Museveni.
South Africa’s April 2005 producer price index (PPI) rose by 1,8% year-on-year from a 1,9% increase in March, Statistics South Africa said on Thursday. Johan Rossouw, chief economist at Vector Securities, said: "The market consensus was a bit bearish and this is marginally above what we expected."
Hundreds of residents from one of Zimbabwe’s townships rioted on Wednesday after police destroyed street stalls in an ongoing crackdown on vendors and other illegals in the capital. Residents used old cars and scrap metal to set up roadblocks along the main road leading into Glen View, a working class area south of the capital.
The Cape Town municipality has given rugby boss Brian van Rooyen’s company another chance despite its role in a recent fiasco with traffic fines, the Cape Times website reported on Thursday. It said the municipality had decided to re-assess its contract with Labat Traffic Solutions only at the end of August.
Last week’s Electronic Entertainment Expo Show in Los Angeles offered several exciting glimpses into the future of videogames, not all of which were fuelled by the new consoles on show. Chief among them was Spore, the latest project by Will Wright, who conceived Sim City and The Sims.