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/ 10 February 2005
The prime interest rate is to remain steady at 11% after the South African Reserve Bank (SARB) opted on Thursday to keep the repo rate, at which it lends money to commercial banks, at 7,5%. SARB Governor Tito Mboweni made the announcement on Thursday afternoon after a meeting of the bank’s monetary policy committee.
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/ 10 February 2005
Publishers need to recognise the needs of a new generation of readers, argues McQueen Motuba.
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/ 10 February 2005
Will Bob Marley find true and lasting peace on the African continent, his spiritual destination? Gary Younge reports from New York.
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/ 10 February 2005
An Islamist militant described as the spiritual leader of al-Qaeda in Kuwait has died in custody, weeks after being arrested in a gun battle that left five people dead. The country’s interior ministry said Amer al-Enezi (29) suffered a ”collapse in blood circulation”, but gave no further details.
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/ 10 February 2005
Zambia has met most of the requirements to qualify for an International Monetary Fund (IMF) relief programme that could slash its ,8-billion debt by more than half, an IMF official announced on Thursday. A joint IMF and World Bank mission to assess Zambia’s economic performance said Zambia’s economy has greatly improved in recent years.
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/ 10 February 2005
Defence advocate Francois van Zyl on Thursday attacked the credibility of Susan Delique, the only state witness who testified about the origin of the infamous encrypted fax at Schabir Shaik’s fraud and corruption trial in the Durban High Court. Van Zyl started contesting the admissibility of several documents submitted as evidence by the state.
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/ 10 February 2005
The South African Broadcasting Corporation (SABC) was livid over ”lies” being spread in the media about the relationship between two of its news managers. ”We take strong exception to the lies perpetuated in the media about the relationship between the MD of news Snuki Zikalala and the head of TV news, Jimi Matthews,” said spokesperson Paul Setsetse.
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/ 10 February 2005
The Rage for Revolution concert is an opportunity for local musos to stand up and be counted, writes Miles Keylock.
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/ 10 February 2005
More than 53Â 000 South African Police Service members have been charged with some form of criminal offence since 2000, the Democratic Alliance said on Thursday. This is according to statistics released by Minister of Safety and Security Charles Nqakula on Thursday in reply to a question in Parliament in December.
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/ 10 February 2005
An inquiry into Kenya’s biggest financial scandal to date ended in Nairobi on Thursday after nearly 300 days of hearings into how the country was defrauded of hundreds, or even thousands, of millions of dollars. The hearings ended amid a firestorm of international criticism lobbed at the Kenyan government.