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/ 30 November 2004
A marathon public inquiry into Kenya’s biggest financial scandal was adjourned indefinitely on Tuesday following last week’s high court order to have several people, including retired president Daniel arap Moi, testify before it wraps up business. The chairman of the inquiry, Justice Samuel Bosire, said the inquiry did not have the resources to meet the order of the court,
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/ 30 November 2004
Rescue teams resigned themselves on Tuesday to pulling only corpses out of a coal mine where 103 workers remain trapped, as Chinese media demanded investment to mechanise the industry and improve safety. So far 63 bodies have been hauled from Chenjiashan mine in Tongchuan city following the disaster on Sunday.
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/ 30 November 2004
When Emma Agger turned six, her father Simon, a die-hard European soccer fan, decided she was old enough to watch the game in its native habitat. So last summer, they packed their bags in their home not far from Nike’s Beaverton headquarters and headed to Britain.
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/ 30 November 2004
Fifteen people were arrested for various cases of fraud amounting to more than R2,5-million in the Eastern Cape on Tuesday. Superintendent Mike Fatyela said members of the joint anti-corruption task team in the province expected to arrest another 10 people during the course of the morning.
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/ 30 November 2004
It’s not easy being an heiress. While some might think that the life of the hereditary wealthy is merely an endless round of parties, premieres and good works in glamorous locations, the reality can be much more mundane. Take Elizabeth Paige Laurie, an heiress to the Wal-Mart fortune. She not only had to go to college, she was also expected to complete coursework.
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/ 30 November 2004
The drought in South Africa’s western maize belt is becoming critical and planting time for those maize areas is running out, farmer body Grain South Africa (GSA) said in a statement on Monday. Although there was rain in some parts of the western maize belt on the weekend, it was too little and was not distributed widely enough to allow maize farmers to plant, GSA chairperson Bully Botma said.
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/ 30 November 2004
Although the rand has breached five-year highs against the US dollar, its move is a dollar story rather than a rand story, says Vivienne Taberer, portfolio manager at Investec Asset Management. "If you look at the trade-weighted rand, it closed at 61,87 on Monday, a level that is still lower than the trade weighted high of 63,55 reached on the 21st of July, when the rand was trading at R6,31 to the dollar.
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/ 30 November 2004
Up to 40% of all losses suffered by many companies occur during the year-end period because of inadequate security measures when staff levels are at their lowest, according to security company GriffithsReid managing director Jenny Reid. "Our research into stock loss trends alone shows that sometimes more than half of all theft occurs during the holiday periods, simply because the company has not taken any extra security measures over the holiday period," said Reid.
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/ 30 November 2004
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The former head of parliament’s standing committee on public accounts (Scopa), Gavin Woods, on Monday told the Durban High Court that the Defence Department’s former chief procurement officer, Chippy Shaik, lied to his committee.
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/ 30 November 2004
A soft-spoken debit clerk convicted of hacking her mother and grandmother to death with an axe, smiled and laughed out loud as she hugged friends and family after the Pretoria High Court sentenced her to life imprisonment on Monday. Judge Chris Botha sentenced Marleen Bredenhann (29) to two terms of life imprisonment for the gruesome slaying of her mother, Elma and invalid grandmother Albertina ”Dassie” Wambach.