A post template

No image available
/ 9 December 2004

No change in interest rates

A two-day meeting of the South African Reserve Bank’s (SARB) monetary policy committee ended in Pretoria on Thursday afternoon when SARB Governor Tito Mboweni announced the repo rate will be kept steady at 7,5%. Mike Schussler, economist at T-Sec, said: "The decision was very much as expected."

No image available
/ 9 December 2004

Gold Fields board rejects Harmony talks

The board of Gold Fields on Thursday rejected suggestions made in the media by Harmony Gold that the two companies should enter into friendly discussions concerning Harmony’s hostile bid for Gold Fields. "Harmony’s offer … has already been overwhelmingly rejected by Gold Fields’ shareholders," it said.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=176289">Gold Fields, Harmony’s ‘talks about talks'</a>

No image available
/ 9 December 2004

It’s good to believe in Santa

Belief in Father Christmas is beneficial — for children, a British psychiatrist said in an article published on Wednesday. Santa encourages boys and girls to be good, Lynda Breen of from Alder Hey Children’s hospital in Liverpool wrote in the December issue of the Psychiatric Bulletin.

No image available
/ 9 December 2004

Buy two shoes, get one free

It is the oddest offer ever made available in shoe shops: ”Buy two, get a third for free.” Yet, this is precisely what two Milan-based entrepreneurs have come up with as they seek to break the monopoly of pairs and revolutionise a fashion principle that has resisted bravely for several thousand years.

No image available
/ 9 December 2004

Libya asks Bulgaria to pay damages for Aids cases

Libya said it would drop a case against five Bulgarian nurses condemned to death on charges of spreading HIV/Aids if Sofia paid out 10-million euros for every child infected with the virus at a Libyan hospital. The Bulgarian government has rejected the proposal, saying it would not pay compensation because it did not believe the nurses were guilty.

No image available
/ 9 December 2004

No pigs in this sty

Malaysian police have busted a brothel in an abandoned pigsty after housewives complained that their husbands spent a surprising amount of time there, police said on Thursday. The pigsty, with 20 cubicles, was furnished with tables, fans, a bar serving alcohol, neon lights and a sound system.

No image available
/ 9 December 2004

Find the tiger and win a year’s beer

A high-profile hunt for a mystery caged tiger allegedly being kept as a pet in Singapore has taken a new twist with Tiger Beer offering a year’s free supply of its brew for a successful tip-off. Fifty billboards offering the reward have been posted around the wealthy district where the tiger is believed to be kept.

No image available
/ 9 December 2004

Police cut down hair gang

Australian police said on Thursday they have smashed a gang of rogue hairdressing-industry workers that staged a string of firebombings aimed at a rival in Sydney’s hair-products supply market. Police arrested three men in a series of raids late on Wednesday and charged them over 12 arson attacks on hair-product warehouses.