A post template

No image available
/ 10 February 2005

Anti-corruption ANC won’t open its books

The African National Congress on Thursday stated the party’s unqualified opposition to corruption in all it forms, but refused to bow to pressure for public scrutiny of who its private funders are. The Institute for Democracy in South Africa is seeking to compel the ANC and other parties to open their books for public scrutiny.

No image available
/ 10 February 2005

Swiss piss

As one of his works, and in protest against the government’s policy on Zimbabwe with its escalating human rights abuses, the artist urinates in public on a poster of President Thabo Mbeki. Mike van Graan comments.

No image available
/ 10 February 2005

Rand firms as interest rate remains steady

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.

No image available
/ 10 February 2005

Zambia may qualify for debt relief, says IMF

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.