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/ 7 February 2005

Pope’s four-word window blessing

The Pope appeared at his hospital window on Sunday and uttered four almost unintelligible words of blessing to the crowds below to show that his ailing body has not yet defeated him. Sitting at an open window on the top floor of Rome’s Gemelli hospital, dressed in his full white papal attire, the 84-year-old pontiff looked pale.

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/ 7 February 2005

‘Sixty percent chance’ of interest-rate cut

The likelihood of a 50 basis-point cut in interest rates by the South African Reserve Bank (SARB) stands at about 60%, according to Lehman Brothers economist Tolga Ediz. Commenting in a recent research note, the London-based Ediz said that the choice facing the SARB’s monetary policy committee at its February meeting will not be an easy one.

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/ 7 February 2005

JSE at high on currency, world markets

The JSE Securities Exchange (JSE) roared to a record high on Monday morning, fuelled by a weaker rand and strong performances by heavyweight dual-listed stocks offshore. A firmer trend on world markets further helped sentiment. By 12.02pm, the all-share index was up 0,73% at 13 096,990 after earlier touching a highest-to-date 13 115,830.

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/ 7 February 2005

Cosatu defends visits to Zimbabwe

The Congress of South African Trade Unions on Sunday responded to claims in a Zimbabwe newspaper that its visits to the country were masterminded and sponsored in Washington. Meanwhile, the Democratic Alliance’s plan to send a delegation to Zimbabwe is ”highly provocative”, says the African National Congress.

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/ 7 February 2005

Nasdaq seeks South African listings

Nasdaq, the United States’s largest electronic stock market, is discussing listings with "several" South African companies and a listing is expected this year, Nasdaq managing director Paulina McGroarty told a briefing in Johannesburg on Monday. This is Nasdaq’s second road show in the country and follows a visit in August.

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/ 7 February 2005

Kaizer Chiefs in upset draw

Silver Stars caused an upset at the Peter Mokaba Stadium in Polokwane where they held defending champions Kaizer Chiefs to a 0-0 draw in a hard-fought Castle Premiership clash played on Sunday. There was little excitement in the opening 45 minutes. Chiefs had two opportunities to score and Stars had one during a dull opening period.

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/ 7 February 2005

City hold back Chelsea charge

Chelsea’s charge towards the Premiership title stuttered on Sunday when Manchester City goalkeeper David James kept out Jose Mourinho’s men in a 0-0 stalemate at Stamford Bridge. City are the only side to have beaten Chelsea this season. They won 1-0 at the City of Manchester Stadium in October.

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/ 7 February 2005

Stich, Ivanisevic work hard for victory

Michael Stich was fully extended on Sunday evening by Mats Wilander, who at the of age 40 years was the ”elder statesman” at the Grand Champions 2005 tournament at the Cape Town International Convention Centre. Meanwhile, Goran Ivanisevic wrapped up the tournament on Sunday night with a victory over Pat Cash.