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/ 22 March 2005

DRDGold to apply for North West liquidation

Workers at DRDGold’s North West operations arrived at work on Tuesday to find the gates locked ahead of the company’s application for provisional liquidation of that section, trade union Solidarity said. Solidarity said that workers were told they will receive their salaries at the end of March but no guarantees could be given on accumulated benefits.

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/ 22 March 2005

Ask Jeeves sold for $1,85bn

Media mogul Barry Diller has expanded his internet holdings with a ,85-billion purchase of the Ask Jeeves internet search engine, according to a statement on Monday by Diller’s holding company IAC/InterActiveCorp. Ask Jeeves allows users to ask questions in natural language and is the fifth most-popular search engine in the United States.

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/ 22 March 2005

World markets, gold drag JSE down

The JSE Securities Exchange (JSE) was in the red in noon trade on Tuesday, dragged down by weaker world markets, a lower gold price and a general lack of buying interest. Volumes were relatively light and with many players on holiday, it is expected to be a quiet week. By 11.57am, the all-share index shed 0,61%.

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/ 22 March 2005

‘Worst day in the BBC’s history’

The British Broadcasting Corporation, the world’s biggest public broadcaster, announced plans on Monday to cut 3 780 jobs so as to save hundreds of millions of pounds in what it termed its ”toughest period” in memory. The figure amounts to 880 more cuts than the 2 900 the BBC announced when it first disclosed a massive reorganisation and modernisation overhaul in December.

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/ 22 March 2005

Supersport in record-breaking win

Supersport United of South Africa set African Confederation Cup records when they humiliated Red Star of Seychelles 9-0 in the second round at the weekend. It was the biggest match-winning margin since the competition, modelled on the European Uefa Cup, was introduced last year. The 13-1 aggregate score was also a record.

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/ 22 March 2005

Federer has his opponents worried

After he turned pro in 1998, Roger Federer fretted about his poor track record in finals. But with a remarkable run of 17 consecutive wins in finals, the only thing the world number one worries about these days is setting new records. Now Federer looks forward to the challenge of playing in the French Open, which begins on May 23.