A post template

No image available
/ 23 November 2004

Hospitals severely affected by power cut

People planning to go to Johannesburg’s Helen Joseph and Coronation hospitals were asked not to use the hospitals until the power failure in the western parts of the city had been repaired.

Parts of western Johannesburg were plunged into darkness when an electrical sub-station in Hursthill near the Helen Joseph hospital caught fire on Monday evening.

No image available
/ 23 November 2004

Nedbank spins off three businesses to BEE consortium

The treasury division of Nedbank has obtained regulatory approval to spin-off three of its businesses into a consortium with substantive broad-based empowerment credentials. The empowered consortium, known as Taquanta, has acquired a stake in Nedbank Treasury Asset Management, Nedcor Treasury Management Services and NiB Securities (now Taquanta Securities) for an undisclosed amount.

No image available
/ 23 November 2004

JSE a mixed bag at noon

After a strong start, the JSE Securities Exchange surrendered some of its gains and was trading mixed at noon on Tuesday. While BHP Billiton led the market’s upside, banks, retailers and gold stocks were under pressure on the downside. At noon, the all share index was up 0,12%. Resources were 0,88% stronger and the platinum mining index had picked up 0,66%.

No image available
/ 23 November 2004

Tutu reads SA the riot act

Archbishop Emeritus Desmond Tutu questioned black economic empowerment on Tuesday, saying it seemed to benefit a small ”recycled” elite and called for action against poverty. ”It will not do to say people did not complain when whites were enriched. When were the old regime our standards?” asked Tutu in an address at the Nelson Mandela Foundation in Houghton, Johannesburg.

No image available
/ 23 November 2004

Leon, De Lille sling mud

The Independent Democrats (ID) on Monday accused Democratic Alliance (DA) leader Tony Leon of lying, saying his attack on the ID was made up of lies and that the DA’s ”so-called scorecard reads like a right-wing intelligence report”. Leon said earlier on Monday that the ID had ”few principles and limited prospects” and it was spending its meagre resources opposing the opposition.

No image available
/ 23 November 2004

African leaders open Nepad summit in Algiers

About 20 African heads of state and government began a summit meeting in Algiers on Tuesday to review the continent’s homespun development plan Nepad, which seeks to boost growth in Africa in exchange for good governance. Launched amid great fanfare in 2001, Nepad aims to lift the continent out of poverty by attracting investment to end dependence on aid.

No image available
/ 23 November 2004

Namibian opposition query poll results

Namibia’s small opposition parties on Monday raised questions about last week’s election results which the ruling party and its presidential candidate, Hifikepunye Pohamba, won with a landslide victory. The ruling South West Africa People’s Organisation (Swapo) won 75,1% of the ballot in parliamentary elections and retained its 55 seats in the 72-member National Assembly, while Pohamba got 76,4% of the presidential vote.

No image available
/ 23 November 2004

Dolphins save swimmers from Great White shark

A New Zealand lifeguard told on Tuesday how a pod of dolphins saved him and three young women from a large shark that had threatened them on a training swim 100 metres offshore. Rob Howe said he and his daughter were with two others at Ocean Beach, near Whangarei, when six or seven dolphins ”raced in pretty quick and very, very agitated” and herded them together by turning tight circles around the group to protect them.