Allan Gray Limited, one of South Africa’s top unlisted asset-management groups, has announced a series of transactions and initiatives that will result in a 25% black empowerment (BEE) shareholding in the company, the launch of a focused effort to encourage black entrepreneurship and the acceleration of the internal transformation of the company.
Tennis superman Roger Federer looked like a mere mortal on Monday, but Switzerland’s world number one still found a way to claim a three-set victory over Mariano Zabaleta in the third round of the ATP Masters Series tournament at Key Biscayne. Federer won his 18th straight match but looked far from invincible.
New South Wales fullback Mat Rogers was on Tuesday ruled out of next weekend’s crunch match against Canterbury, handing his in-form understudy Peter Hewat a chance to impress selectors. Rogers has failed to recover from a groin injury sustained in South Africa two weeks ago.
In the wake of a global record holiday-season online buying spree, South African property is the latest beneficiary of the rush towards cyber-shopping. Saul Geffen, MD of MortgageSA, says: "We have seen a marked increase in South Africans living abroad applying for home financing through the MortgageSA website and through our call centres."
Australia completed their rout of New Zealand with an emphatic nine-wicket win in the third cricket Test with a day to spare in Auckland on Tuesday, comfortably wrapping up the series 2-0. The manner in which the Australians dealt with New Zealand underlined the vast gulf between the trans-Tasman neighbours.
The South African Towing and Recovery Association (Satra) launched a probe on Monday into allegations that a man, who has been arrested, was disconnecting traffic lights to drum up business for West Rand tow-truck drivers. Satra chairperson Andre van der Merwe said the man was part of an information network used by towers.
A shark-attack victim is recovering well in the Constantiaberg Medi-Clinic after four hours of surgery to his right leg and foot. Chris Sullivan (32), a British tourist on holiday in Cape Town, was attacked, presumably by a great white shark, at Noordhoek beach on Monday.
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As Zimbabwe’s elections draw near, President Robert Mugabe has ratcheted down the violence and intimidation that have cowed dissent, hoping he can win a stamp of legitimacy. But he has lashed out at Archbishop Pius Ncube, calling him a half-wit a day after the cleric called for a peaceful uprising against Mugabe.
The Congo’s top health official said on Monday he fears an outbreak of a rare haemorrhagic fever could spread from neighbouring Angola despite efforts to curtail cross-border traffic and monitor arrivals from the infected area. ”We’re worried despite the precautions we have taken,” he said.
Several of the major investors in animation studio DreamWorks SKG will be able to realise a few dreams of their own after announcing plans on Monday to sell -million-worth of shares in the company. But the company’s founders, Steven Spielberg, David Geffen and Jeffrey Katzenberg, are not selling any of their shares.