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/ 10 January 2005
The vice-president of the International Finance Corporation is not worried about the emerging black elite in South Africa, he said on Monday. ”You have a rich elite in every country. Let them get rich — as long as they reinvest in the country and show corporate responsibility,” Peter Woicke told journalists in Johannesburg.
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/ 10 January 2005
A ballet inspired by Albert Einstein’s theory of relativity and its challenging equation (e=mc2) will be premiered in London in May to mark the Einstein festivities this year, the Daily Telegraph newspaper reported on Monday. The ballet, called Constant Speed, will be the highlight of the Rambert Dance Company’s spring tour.
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/ 10 January 2005
Zambian President Levy Mwanawasa on Monday announced a Cabinet reshuffle and sacked a confidant as well as parliament’s chief whip in the Southern African country, saying it will broaden their experience. ”These changes are meant to expose my colleagues to different responsibilities so as to sharpen and widen their experience,” he said.
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/ 10 January 2005
The signing of an agreement to end two decades of civil war in Sudan not only brings the opportunity for millions of people to return home and begin new lives, but also carries with it a chance for investors to make money in a needy country with large oil reserves and, now, substantial international goodwill.
Peace ‘will change Sudan forever’
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/ 10 January 2005
The policy statement issued at the weekend by the African National Congress neither threatened nor attacked white judges, the party said on Monday. "It is instead an honest assessment of the state of transformation within the judiciary, consistent with … the requirements of the Constitution," the ANC said in a statement.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-National&ao=177656">DA slams ANC’s ‘judge-bashing'</a>
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/ 10 January 2005
The South African Red Cross Society on Monday handed a R4-million cheque to the government’s interministerial committee coordinating the country’s relief efforts after the December 26 Indian Ocean tsunami. Ten South Africans have been confirmed dead, all in Thailand, and 269 are still unaccounted for.
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/ 10 January 2005
South African banking group FirstRand reiterated on Monday that it will consider any takeover offers from foreign banks but declined to comment on reports that it was in talks with United Kingdom emerging-market specialist banker Standard Chartered. The news helped the rand to firm on Monday.
Barclays/Absa deal approval awaited
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/ 10 January 2005
Moves by the major United States airlines to slash prices made headlines over the past week, but a potential fare war is just one of a multitude of pressures facing the industry. Hefty fuel costs, challenging labour negotiations and mounting pension obligations add up to far bigger worries for airlines, especially the so-called legacy carriers — Delta Air Lines, United, American, Northwest Airlines, Continental Airlines and US Airways Group.
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/ 10 January 2005
Aid to 45 small island states, home to the people most vulnerable to climate change and natural disasters, has fallen by more than half in eight years, a United Nations conference will be told on Monday. The islands are meeting in Mauritius this week to plead for the help they say they need to survive.
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/ 10 January 2005
<i>The Citizen</i> newspaper’s front-page picture on Monday showed a crowd of people fleeing a large wave. The newspaper said the photograph had been taken by an amateur photographer in Sri Lanka. A five-minute internet search yielded the same photograph, taken in China in October 2002, of the annual flooding of the Qiantang river.