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/ 27 October 2004
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Schabir Shaik’s Nkobi group used ”creative accounting” when doing the books of subsidiaries Kobitech and Kobifin, the Durban High Court heard on Tuesday. This occurred during the establishment of the Prodiba project which was involved in the manufacture of credit card driver’s licences, forensic expert Johan van der Walt said.
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/ 27 October 2004
The South African government would not enforce a black economic empowerment (BEE) charter in the automotive industry, allowing it to commit to its own initiatives, said Mandisi Mpahlwa, the Trade and Industry Minister, on Tuesday. The minister said although government would prefer BEE equity participation, it was ”open to negotiation” with global companies.
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/ 27 October 2004
Fidel Castro has ended Cuba’s decade-long, bitter-sweet romance with the dollar. The announcement that United States currency notes will in a fortnight no longer be accepted as payment in the country marks a radical change. Cubans have become used to shopping for all but basic goods with the greenback.
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/ 27 October 2004
On the surface little seemed amiss in Ms A’s life. Her marriage to a rock musician had failed, but at 34 she had no money worries and she loved her two children. But she wanted to die. Earlier this month, after several failed attempts, she succeeded. The woman, whose name is being withheld by police, was one of seven people, including four 20-year-olds, found dead two weeks ago in an estate car.
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/ 27 October 2004
Iranian hardliners escalated the war of nerves with the West over nuclear bomb materials on Tuesday, introducing a fast-track Bill that would pledge the regime to push ahead with uranium enrichment. The Bill also called on the Tehran government to withdraw from an agreement with the International Atomic Energy Agency.
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/ 27 October 2004
It might not boast the most well-watered greens in the world or the best standard of food and drink at the 19th hole. But Australia’s treeless Nullarbor Plain will, within 18 months, play host to the world’s largest golf course. The Nullarbor Links will cross three time zones and stretch across 1 360km of barren semi-desert across the flat, featureless landscape spanning the border between Western Australia and South Australia.
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/ 27 October 2004
Shareholders of the ailing <i>ThisDay</I> newspaper are in last-ditch negotiations with potential investors to rescue the daily from closure. There are about 15 possible investors, <i>ThisDay</i> chairperson Nduka Obaigbena told journalists in Johannesburg on Tuesday afternoon.
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/ 27 October 2004
Veteran British broadcaster John Peel, who championed pretty much every new cutting edge pop and rock act over the past 35 years on his radio shows, has died after a heart attack, the British Broadcasting Corporation announced on Tuesday. Peel (65) who worked for the BBC’s popular music station Radio One ever since it started in 1967, suffered a heart attack on Tuesday night while on holiday with his wife in Peru.
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/ 27 October 2004
A delegation from the Congress of South Africa Trade Unions were on their way from Musina to Polokwane in a minibus taxi on Wednesday morning, after being hustled out of Zimbabwe ”through the back door”. Cosatu spokesperson Patrick Craven said a vehicle had been arranged to take the 13 delegates to Johannesburg from Polokwane.
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/ 27 October 2004
Israel’s Parliament on Tuesday night voted for the first time in 37 years of occupation to remove Jewish settlements from the Palestinian territories in a historic move that Ariel Sharon said paved the way to the end of the conflict. Sharon won, with 67 of the 120 MPs voting for the plan and 45 against. The remainder abstained.