A post template

No image available
/ 9 December 2004

Snow to stay on at US treasury

Unied States President George Bush has asked treasury Secretary John Snow to remain in his job during the administration’s second term, scotching widespread speculation that he was about to be replaced. White House spokesperson Scott McClellan said that the two men met briefly on Wednesday in the White House.

No image available
/ 9 December 2004

Powell ‘reaches out’ to Europe over Iraq

United States Secretary of State Colin Powell has pressed Europe to overcome its differences on the 2003 US-led invasion of Iraq and rebuild the country, as the Pentagon revealed that elite US troops abused Iraqi prisoners with stun guns. Meanwhile, Japan has extended its troop deployment in Iraq by 12 months.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=176269">Rumsfeld faces troop dissent</a>

No image available
/ 9 December 2004

Metropolitan appoints new chairperson

Listed life assurer and financial-services group Metropolitan on Thursday announced that Gloria Tomatoe Serobe is standing down as chairperson in favour of Eric Molobi — executive chairperson of Kagiso Trust Investments — to afford Kagiso greater scope for active involvement in the group’s future development.

No image available
/ 9 December 2004

Gold Fields, Harmony have ‘talks about talks’

The chairperson of Gold Fields and Harmony Gold, Chris Thompson and Patrice Motsepe, held informal talks on Wednesday, Gold Fields and Harmony spokespersons said on Thursday. Both companies indicated that the talks had been at the initiative of the other company’s chairperson, with neither claiming that they had initiated the talks.

No image available
/ 9 December 2004

A long way to Oslo for the Mother of Trees

The Norwegian Nobel Committee’s choice to give this year’s peace prize to an environmentalist was not entirely uncontroversial. The Economist newspaper wrote after the announcement in October that ”Ms Maathai’s work, though admirable, is only distantly related to the prevention of war. There is little evidence that environmental factors cause full-scale wars”.

No image available
/ 9 December 2004

Falling fuel price an economic boon

The falling fuel price was a boon to the economy equivalent to a one-percent cut in interest rates, T-Sec chief economist Mike Schussler said on Thursday. ”The current falls in the oil price and rand strength [or dollar weakness] are combining to give South Africans the biggest petrol and diesel price fall in percentage terms since November 1990,” said Schussler.

No image available
/ 9 December 2004

Rumsfeld faces dissent from troops

United States troops on their way to Iraq peppered the Defence Secretary, Donald Rumsfeld, with complaints on Wednesday, claiming they were heading into the conflict zone with pieces of scrap metal for armour. Speaking from the audience at a base in Kuwait, Thomas Wilson asked: ”Why do we soldiers have to dig through local landfills for pieces of scrap metal and compromised ballistic glass to up-armour our vehicles?”

No image available
/ 9 December 2004

Coalition formed to fight phishing

A coalition of internet and finance firms along with law enforcement agencies was launched on Wednesday in a bid to halt the growing number of online scams that lure consumers to fake websites to obtain personal and financial data. The perpetrators often use the scam to steal money, credit card numbers, passwords or identity information.

No image available
/ 9 December 2004

Zimbabweans become ‘pioneer farmers’ in Nigeria

White Zimbabwean farmers fleeing President Robert Mugabe’s controversial programme of land reform will this month take over farmland allocated to them in central Nigeria. Tajudeen Kareem, spokesperson for the state of Kwara, said that 15 Zimbabweans who visited the region earlier this year and struck property leasing deals were expected back with the next few weeks.