Global resources group BHP Billiton and United States aluminium group Alcoa on Tuesday announced that they have completed the sale of Integris Metals to Ryerson Tull for $644-million (about R3,7-billion). The $644-million will be made up of $410-million in cash plus assumption of Integris’s debt, which is about $234-million.
The bodies of two more South African victims of last week’s tsunami disaster in south-east Asia have been identified — bringing the number of confirmed South African deaths to nine. Meanwhile, South Africans have donated R2,5-million towards the tsunami Asia appeal.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-InternationalNews&ao=177407">Scale of disaster still grows</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-InternationalNews&ao=177409">Criminals may target orphans</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=177396">Tsunami aid flights back on track</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=177374">Sumatra aid efforts hampered</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-InternationalNews&ao=177380">Remarkable tales of survival</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=177352">World’s largest forensic operation</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-National&ao=177354">SA volunteers start work in Sumatra</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/content/l3_fl2.asp?cg=tsunami%20disaster&o=194303"><b>Tsunami disaster special report</b></a>
Measured against the top international behemoths, South Africa and Africa look pretty insignificant on the world adspend stage. Harry Herber gives us the sobering stats.
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In this exclusive extract from his book <i>A Continent for the Taking: The Tragedy and Hope of Africa</i>, Howard French details how mainstream media can have a disastrous influence on US policy in Africa.
As someone who only knocks out words on the promise of hard cash, David Bullard explains why he’ll probably never write a novel.