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/ 26 August 2004

ICT charter aims at 60% black control by 2015

The working group for the black economic empowerment charter on information and communications technology (ICT) has released its fourth and last working draft, six months ahead of its planned implementation. The charter proposes that all ICT companies in the country should be 45% to 50% charter-compliant by February 2006.

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/ 26 August 2004

Verdict expected in Zim ‘mercenaries’ trial

A Zimbabwe magistrate is expected to hand down verdicts on Friday when the trial resumes of 70 suspected mercenaries held on charges of plotting a coup in oil-rich Equatorial Guinea. The men, who include Briton Simon Mann, are accused of being at the heart of a conspiracy that allegedly includes Mark Thatcher, son of former British prime minister, Margaret Thatcher.

  • Thatcher was ready to flee SA
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    / 26 August 2004

    A million flee as typhoon hits China

    Typhoon Aere crashed into mainland China, unleashing torrential rains and prompting the evacuation of nearly a million people as the death toll climbed to 35 on Thursday after a mudslide killed 15 villagers in Taiwan, burying all of the village’s homes in just 10 seconds. Meanwhile, another typhoon is building up.

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    / 26 August 2004

    Manuel urged to relax exchange controls

    South African Minister of Finance Trevor Manuel has been urged not to wait until the medium-term budget policy statement in October to announce a relaxation of exchange controls. Democratic Alliance finance spokesperson Raenette Taljaard said important initiatives "should be announced when the market is ready for them".

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    / 26 August 2004

    Union takes Ispat-Iscor to court

    Trade union Solidarity on Thursday said in a statement that it has served legal papers on steel producer Ispat-Iscor in which it asks that the company’s current retrenchment process be declared void. The union claims that should its application succeed, the action will be a watershed for retrenchments in South Africa.

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    / 26 August 2004

    Black DA candidate defeated in ‘safe seat’

    The official opposition Democratic Alliance has been defeated in Vanderbiljpark — until now regarded as a safe seat — where it put up a ”test case” black candidate in a overwhelmingly white municipal ward. The seat — fought in a by-election on Wednesday — was won by Cobus Cato of the conservative Freedom Front Plus.