The finalisation of a $400-million debt and equity arrangement for the Moma titanium minerals project in the Nampula Province on the north eastern coast of Mozambique will provide a major boost to the South African government’s commitment to the sustainable development of the African region.
The JSE Securities Exchange (JSE) was in positive territory in noon trade on Wednesday despite a recovery in the rand. Dealers said that offshore buying was buoying the bourse, which was fairly quiet. At 11.57am, the all-share and all-share industrial indices were up 0,34% and 0,32% respectively.
Rising oil prices and disappointing forecasts for the technology sector sent stocks in the United States skidding on Tuesday, with pessimism over the economy further fueling the selloff. The tech-heavy Nasdaq composite index fell more than 2%, its biggest loss since mid-March.
The text on Sony’s new Librie electronic book reader doesn’t quite equal ink on a page in clarity, but it comes remarkably close. It’s easier on the eyes than any electronic display yet. The Librie is the first major consumer product to feature a long-in-the-works display technology that is designed to replace printed words on paper — so-called electronic ink.
The Democratic challenger, John Kerry, reached out to America’s heartland on Tuesday, choosing as his vice-presidential candidate a charismatic mill worker’s son who embodies Southern charm. The choice of John Edwards, a dazzling performer on the campaign trail, was made public at a rally in Pittsburgh, after weeks of feverish speculation.
President Thomas Klestil, who died overnight on Tuesday, is to receive a state funeral in the capital Vienna on Saturday, his office announced on Wednesday. Klestil died late on Tuesday aged 71 after suffering a heart attack only two days before he was due to leave office. He had served as head of state for 12 years.
The Global Fund to Fight Aids, Tuberculosis and Malaria has awarded Russia a two-year, $34,2- million grant for treatment.
They have been boiled, fed to ducks, even attached to hot air balloons and cast into the night sky — when it comes to permanently depriving a cheating lover of a recently severed penis, the imagination of the wronged Thai woman knows few bounds.
When culture meets media, interesting things happen. A provincial premier gets pictured in bed; a bunch of fortysomething journos stage a reunion; and innovative publishing technology gets deployed. It’s festival time in Grahamstown again — the 30th edition of an event that’s always like a first time. But there’s a whole lot more going on this time.
Israel’s intelligence service has warned of growing concern for Ariel Sharon’s safety as the far-right gives increasing support to violent resistance to his plan to remove Jewish settlers from Gaza and parts of the West Bank. Amid echoes of the assassination of the then prime minister Yitzhak Rabin nine years ago, Sharon told parliament he was disturbed by the warnings.