League champions Kaiser Chiefs kept the pressure on log leaders Orlando Pirates when they were fortunate to beat Santos 1-0 in a Castle Premier League match played at the Athlone Stadium on Wednesday. The goal came in the 68th minute when Santos goalkeeper Brenden Wardle spilt a shot from John Moshoeu and Collins Mbesuma was on hand to tap the ball in.
Bush Bucks shared the points when they played to a goaless draw with Black Leopards in a closely contested Premier Soccer League match at the Absa Stadium in East London on Wednesday night. Imbabala have only themselves to blame for failing to grab maximum points.
Kagiso Strategic Investments, the investment arm of the Kagiso Charitable Trust, has acquired a 25,1% stake in vehicle-recovery operator Matrix Vehicle Tracking for an undisclosed amount. Distinguishing the transaction, the group noted, is Kagiso’s upfront multimillion-rand cash payment in full for its direct stake in Matrix.
South African banking group Absa is hoping to almost quadruple the size of its NewGold exchange traded fund from its current take-up value of just more than R240-million to R1-billion by the end of 2005, Absa Corporate and Merchant Bank’s Dr Vladimir Nedeljkovic has said in an interview.
Global resources group Anglo American saw 49 fatalities at its managed operations worldwide during its 2004 financial year, up from 44 deaths in the group’s previous financial year, Anglo chairperson Mark Moody-Stuart said in the group’s 2004 annual report.
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State torture and violence in Zimbabwe makes it impossible to have free and fair elections on March 31, says a report released on Thursday. The report by the anti-torture group Redress criticises President Robert Mugabe’s government for failing to arrest and try several police and army officers suspected of torture.
Even as a crane hoisted away the concrete slabs around the Israeli army’s checkpoint into Jericho on Wednesday, soldiers were still waving down drivers for inspection. By the end of the day, the paraphernalia of the roadblock was gone along with the Israeli flags. But the troops remained.
Scientists analysing the aftermath of the Boxing Day earthquake under the Indian Ocean warned on Thursday that another devastating quake is now far more likely to strike the region. The seismic slip off the coast of Sumatra that triggered the tsunami has piled dangerous levels of stress on to two vulnerable parts of the fault zone.
General Motors on Wednesday stunned United States equity and bond markets with a profits warning which triggered fears that the world’s biggest carmaker could see its debt rating cut to ”junk”. The Detroit-based group now expects to make a first-quarter loss after earlier predicting it would break even or make a profit, sending its shares and bonds into a spin.
United States President George Bush on Wednesday chose one of the most controversial figures in his administration, the Pentagon’s chief ideological proponent of the Iraq war Paul Wolfowitz, to head the World Bank. Bush tried to beat back some of the criticism on Wednesday, telephoning world leaders to lobby for his choice.