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/ 15 October 2004

South Africa’s top entrepreneur chosen

Stephen Saad — MD of South African pharmaceutical company Aspen Pharmacare Holdings — has been named as the South African winner of the Ernst & Young World Entrepreneur of the Year Awards for 2004/05, Ernst & Young announced on Friday. Saad will represent South Africa at the global awards ceremony, to be held in Monte Carlo in May next year.

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/ 15 October 2004

Travel scam accused has bail withdrawn

The R100 000 bail granted to parliamentary travel scam suspect Soraya Beukes was suspended on Thursday, after allegations that she had given false information to enable her to go to Mozambique. Scorpions prosecutor Ben Avenant alleged in the Cape Town Magistrate’s Court that her purpose was to abscond. Beukes is the owner of Business and Executive Travel.

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/ 15 October 2004

World Bank, IMF to cancel $2bn Madagascar debt

The World Bank and International Monetary Fund are to cancel almost half of Madagascar’s external debt next week, World Bank President James Wolfensohn said on Thursday. ”On October 21, when the boards of the World Bank and IMF come to Madagascar we will cancel two billion dollars of these debts,” he told a news conference held with President Marc Ravalomanana.

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/ 15 October 2004

Breakthrough in cancer research

Scientists in California have found a way to ”turn off’’ a gene that makes cancerous cells lethal. They eliminated aggressive, incurable liver tumours in laboratory mice in four weeks, they report in an advance paper in Nature this week. Cancer affects one person in three, and kills one in five. But above all, cancer is a DNA disease.

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/ 15 October 2004

Gautrans favours white firm

The Johannesburg Equality Court has found the Gauteng transport and public works department (Gautrans) guilty of favouring white big business at the expense of black-owned concerns, despite the department’s affirmative procurement policies. The judgement marks the first time that a government department has been taken to court over its affirmative procurement policies.

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/ 15 October 2004

Red wine beats alcopops

Dutch scientists have confirmed that red wine is healthier than an alcopop. A binge drinking experiment showed those who hit the bottle might do better to choose Cotes du Rhone over cocktails. Twenty healthy volunteers drank six glasses of red wine or six glasses of Bacardi Breezer in three hours.

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/ 15 October 2004

Resurrected: lost Raphael painting of Christ

An unknown work confidently believed to be by Raphael has been found beneath a later painting which had been put into the wall of an Umbrian church and forgotten. A banner once paraded by a Catholic lay fraternity shows Christ flanked by St Francis of Assisi and St Ubaldo, the 12th century bishop of Gubbio, the town where it was found.

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/ 15 October 2004

Scientists herald malaria breakthrough

After 50 years of failure, a vaccine against malaria could be in sight, raising hopes of slashing the death toll from a disease that kills more than a million people, mostly babies and pregnant women, every year. Results from the trials in Mozambique are published today in The Lancet medical journal.