A post template

No image available
/ 31 January 2005

Global tourism rebounds in 2004

Global tourism arrivals enjoyed a huge rebound of 10% in 2004 after prolonged stagnation, the World Tourism Organisation said in its winter barometer report released on Monday. The WTO’s chief of market intelligence, Augusto Huescar, unveiled the report at talks on the Thai island of Phuket about reviving tourism following the December 26 tsunami.

No image available
/ 31 January 2005

Tough road ahead for US in Iraq

While basking in the apparent success of Iraq’s national elections, the United States still faces some tough hurdles in fashioning an exit strategy from the country it invaded nearly two years ago. US President George Bush has made it clear Iraq has a long and bloody road ahead of it.

No image available
/ 31 January 2005

Peres catches 40 winks at Cabinet meeting

Israel’s usually indefatigable Deputy Prime Shimon Peres dozed off for a full 15 minutes during the weekly Cabinet meeting, some of his less than discreet colleagues said on Monday. ”His eyes were well and truly closed and he went to sleep for a quarter of an hour,” one minister told the Yediot Aharonot daily on condition of anonymity.

No image available
/ 31 January 2005

Shaik show is back on track

The Schabir Shaik fraud and corruption trial resumed in the Durban High Court on Monday without the hype that signalled the start of the case last October. Forensic auditor Johan van der Walt told the court that Deputy President Jacob Zuma owed fraud and corruption accused Schabir Shaik R2,2-million in capital and interest.

No image available
/ 31 January 2005

Volkwagen SA enters bus and truck market

Volkswagen South Africa intends to expand its commercial vehicle interests and invest more than R1,2-billion in South Africa over the next three years, the company said in Johannesburg on Monday. The company intends exporting buses and trucks to right-hand-drive countries in Africa and, later, to Asia.

No image available
/ 31 January 2005

Which aisle for horseshoes?

Shoppers at one British supermarket were astonished to find a pony alongside them browsing the shelves, a report said. Customers at a Cardiff branch of Tesco, Britain’s biggest supermarket chain, were joined by a stray Shetland pony that had escaped its nearby paddock.

No image available
/ 31 January 2005

Rand, world markets boost JSE

The JSE Securities Exchange was showing strength across the board at midday on Monday, bolstered by a weaker rand and firmer world markets. On the whole, sentiment towards equities was bullish, dealers said. By 12.08pm, the all share and all share industrial indices both added 0,71%.

No image available
/ 31 January 2005

Agri SA differs with BEE proposals

In its submission to the committee that facilitates negotiations on black economic empowerment (BEE), Agri South Africa on Monday stated that its members support the objectives of BEE and are already promoting it in practice, but that the organisation differs essentially with official BEE proposals that were published last year for comment.

No image available
/ 31 January 2005

Hewitt puts on brave face after loss

Lleyton Hewitt struggled to put a brave face on the end of his Australian Open dream on Sunday after his defeat in the final against Marat Safin. Hewitt, who had spent the past nine months carefully tailoring his schedule and training regime for an all-out assault on the title, said he had no regrets following his agonising 1-6, 6-3, 6-3, 6-4 loss.