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/ 26 January 2005

Claustrophobic Swede avoids prison

A Swedish man suffering from claustrophobia has been allowed to avoid jail time for perjury, prompting media speculation that his illness convinced the government to give him a pardon. The government refused to give a reason for pardoning Thomas Lundberg, who had been sentenced last year to four months behind bars for perjury.

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/ 26 January 2005

Buy a bean plant and express your love

Japanese people who are too shy to work up the courage to say "I love you", or at least want a little surprise, have a new option: a bean plant that sprouts to read a special message. Japan’s second-largest toymaker will soon start marketing of the gift cans, which hold soil and the small plant bearing a message that sprouts up in about five days.

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/ 26 January 2005

Inflation figures released for December

South Africa’s CPIX inflation (headline inflation excluding mortgage costs) was up 4,3% year-on-year (y/y) for metro and other areas in December, compared with 4,6% y/y in November, Statistics South Africa said on Wednesday. CPIX was down 0,2% month-on-month (m/m) in December compared with a 0,6% m/m rise in November.

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/ 26 January 2005

Coronation announces BEE funding

Coronation Fund Managers (Coronation) has secured third-party funding for its broad-based black economic empowerment (BEE) staff transaction with the Imvula Trust, the group announced on Wednesday. Arising from the transaction, the company is proposing a distribution of 25 cents per Coronation share to shareholders.

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/ 26 January 2005

Ajax signs Motlhajwa

Ajax Cape Town has signed former South African youth international Seuntjie Motlhajwa on a three-year deal. According to the Premier Soccer League website, the speedy Motlhajwa joined the Urban Warriors from Jomo Cosmos. Motlhajwa is a product of the Transnet Football School of Excellence.