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/ 19 November 2004
Shares in information and communications technology (ICT) group Dimension Data (Didata, DDT) spiked sharply on Thursday on the back of an impressive set of financial results on Wednesday, an ICT analyst said. Its adjusted profit was recorded at $11,434-million (R68,604-million) — a recovery from an adjusted loss of $36,356-million.
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/ 19 November 2004
Another legal stand-off between brand parody specialist Laugh It Off and SABMiller has forced the small company to drop a satirical image of Carling Black Label beer to get its calendar and annual on youth culture into stores. Delays caused by the global brewery’s legal moves to halt publication are extracting heavy costs, said Laugh It Off founder Justin Nurse.
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/ 19 November 2004
The January deadline for Iraq’s first post-Saddam elections looked increasingly in doubt on Thursday after a senior aide to the interim prime minister predicted a delay. Leading Sunni Muslim politicians also called for a postponement until there was an improvement in the dire security situation in the country’s Sunni Arab heartlands.
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/ 19 November 2004
Four years after his exit from the White House, Bill Clinton reclaimed his place on the world stage on Thursday, basking in the adulation of Hollywood jet-setters, Washington power-brokers and his fellow Arkansans at the dedication of his presidential library.
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/ 19 November 2004
Andile Ngcaba will still get a slice of Telkom, but both his personal stake and his clout will be substantially reduced after Minister of Finance Trevor Manuel and Brian Molefe, who runs the Public Investment Commissioners (PIC), intervened to stop his empowerment consortium from winning a R7-billion share in the fixed line monopoly.
Cabinet welcomes PIC buyout
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/ 19 November 2004
It’s one of the worst-performing and smallest tertiary institutions in the country, yet its vice-chancellor last year earned nearly double his nearest mega-earner in the goldmine of public money lavished on some higher education leaders. Mangosuthu ”functions well below the national averages for technikons”, according to the 2001 report of the National Working Group submitted to former education minister Kader Asmal.
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/ 19 November 2004
A vitriolic four-page attack by trade union leader Zwelinzima Vavi on African National Congress Youth League president Fikile Mbalula this week exposed a tripartite alliance hopelessly divided on the issue of Zimbabwe. In a counterblast to a statement by Mbalula on the ANC website, Vavi accused the youth league leader of "childish schoolboy misrepresentation of facts" and said he should be "ashamed of himself".
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/ 19 November 2004
Provincial conservation officials are issuing permits for lion-breeding centres in the face of a national moratorium placed on such facilities because they are often used for "canned" hunting. The Department of Environmental Affairs and Tourism said this week that the long-awaited public input on breeding and hunting large predators such as lions will finally take place this month.
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/ 19 November 2004
The African National Congress has yet to decide on the fate of senior MPs, including chief whip Mbulelo Goniwe, who were last week found guilty of failing to disclose their interests to Parliament. Last year, the ANC’s national executive committee warned its public representatives in national, provincial and local government that "failure to adhere to ethics codes will result in internal disciplinary procedures in terms of the constitution of the ANC".
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/ 19 November 2004
Indian and white employees at Mangosuthu Technikon came under attack from their vice-chancellor (VC), Professor Aaron Ndlovu, last week. And Durban mayor Obed Mlaba — also chairperson of the technikon’s council — supported him. Ndlovu spoke on Thursday last week at a memorial service for the late Sandile Thusi, a former member of Mangosuthu’s council.
So, what did he really earn?