A post template

No image available
/ 13 July 2004

Meteor shower triggers flood of rescue calls

A burst of meteors over Finnish coastal waters early on Tuesday prompted hundreds of Finns to mistakenly report the natural phenomenon as emergency flares from distressed vessels, officials said. A caller described the phenomenon as a red fireball moving swiftly through the night sky, spewing sparks and leaving a trail of vapor.

No image available
/ 13 July 2004

Decrease in black senior managers

The Commission for Employment Equity on Tuesday revealed in a report that the number of senior management positions in the country held by black people remains low despite the Employment Equity Act. Only 22% of senior management positions are held by black people, with black females in particular struggling to make it to senior-management level.

No image available
/ 13 July 2004

SA Aids cost: R420bn in 10 years

The International Labour Organisation (ILO) says that the HIV/Aids pandemic has cost South Africa more than -billion (R420-billion) in the decade from 1992 to 2002. The ILO said that the loss was mainly due to deaths, absenteeism and lower productivity brought about by the ravaging disease.

No image available
/ 13 July 2004

UN council mulls Sudan sanctions

The United Nations Security Council was on Monday mulling a United States resolution to impose sanctions on the militias in Sudan’s Darfur region, with opposition strong despite the scope of the humanitarian tragedy. Failure to agree on how to handle Sudan could lead to a split rather than unanimous vote on the resolution.

No image available
/ 13 July 2004

Basket buying buoys JSE

The JSE looked positive in noon trade on Tuesday on the back of basket buying by futures players. The rand traded slightly softer and a rebound on the Dow overnight added to the positive picture. Both the financial and banks indices firmed, while the all-share index was also stronger.

No image available
/ 13 July 2004

Ramaphosa resigns from FirstRand board

FirstRand announced on Tuesday that Cyril Ramaphosa has resigned as a non-executive director of the banking group. "Mr Ramaphosa … has been offered an opportunity to participate in a BEE [black economic empowerment] transaction, which will result in a conflict of interest with his existing position," a statement said.