United States army and marine personnel in Iraq are increasingly staking their lives on South African-designed armoured vehicles, British defence publication Defence Systems Daily reports. Officially, the South African-acquired device is called the mine protective clearance vehicle, ”but we just call it the Buffalo”, said Army 2nd Lieutenant David Swisher.
The black economic empowerment (BEE) deal announced by financial services group Old Mutual on Tuesday positions Izingwe and Chestnut Hill as significant players in the BEE space. Sipho Pityana and Bulelani Ngcuka are the lead players of Mtha-we-Mpumelelo (Mtha), which was specifically created for the Old Mutual transaction.
The black economic empowerment (BEE) deal announced on Tuesday by banking group Nedcor fulfils the group’s objective of exceeding the ownership targets of the Financial Sector Charter, Nedcor CEO Tom Boardman said. "This is a truly broad-based empowerment transaction," he said.
The wide-ranging black economic empowerment (BEE) transactions unveiled on Tuesday by Old Mutual involving the sale of an overall 12,75% stake in its South African operations to BEE participants will be the "full arrangements" that will be made by the group in terms of BEE ownership.
Six-time Tour de France winner Lance Armstrong announced on Monday that he plans to retire from cycling after seeking a seventh consecutive victory along the French roadways next July. ”It will be the last one, win or lose. Having said that, I’m fully committed to winning a seventh title,” Armstrong said.
The jobs crisis in South Africa’s mining industry will be discussed on Tuesday when Minerals and Energy Minister Phumzile Mlambo-Ngcuka meets the National Union of Mineworkers. The minister will also discuss ways of ensuring that the supply of electricity to various communities and industries was efficiently provided, without interruptions.
President Robert Mugabe marked Zimbabwe’s 25th anniversary of independence on Monday by attacking the West and defending his land-grab policy. In a 35-minute speech in the national sports stadium in Harare broadcast on national television, he repeatedly harked back to the days of colonialism and white minority rule.
A plume of black smoke floated out of a tall, thin stack erected on the roof of the Sistine Chapel on Monday night, indicating that the cardinals of the Roman Catholic Church charged with choosing the next pope had held a first ballot, but failed to agree on a name.
Safmiah Hussein had borne her heart and liver illness for many years, but her son Irwan is convinced it was stress and depression induced by the Boxing Day tsunami that finally brought her life to an end. ”She wasn’t the healthiest person in the world before the water came, but she wasn’t close to death,” Irwan said.
The mother of a teenage boy allegedly molested by Michael Jackson told a court the singer ”managed to fool the world”, as she spent a fourth day on the witness stand being cross-examined by Jackson’s lead lawyer, Thomas Mesereau. As the trial entered its eighth week, the testy and sparky mood of recent days continued with Janet Arvizo clashing repeatedly with Mesereau.