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/ 20 August 2004

Mboweni: Bank was not pressured to cut repo rate

The decision to cut interest rates this month was not due to political pressure, Reserve Bank governor Tito Mboweni said on Friday. He said some people had claimed that the Reserve Bank bowed to political pressure when it reduced the repo rate — the rate at which it lends money to commercial banks — by 50 basis points to 7,5% on August 12.

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/ 20 August 2004

‘When I had finished, they didn’t even bleed’

The arrest this week of a 63-year-old woman in Burkina Faso accused of circumcising 16 young girls has brought home to many that genital mutilation is still widespread in the West African state, despite being outlawed. She sliced off parts of the girls’ genitalia under driving rain ”in the backyard, where they usually kill chickens”.

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/ 20 August 2004

Beyond the blues

The music of jazz maestro Abdullah Ibrahim, which spans 50 years, "belongs to us all, it is our music and it represents us". Ibrahim is a griot committed to celebrating the collective memory of his people. South Africa’s "apostle of song" wants local music to celebrate life, writes Sandile Ngidi.

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/ 20 August 2004

Al-Sadr dangles keys to shrine

Followers loyal to radical Shi’ite cleric Moqtada al-Sadr said on Friday they were prepared to hand control of the revered Imam Ali Shrine to top Shi’ite religious authorities in a bid to end a two-week-old uprising in the holy city of Najaf. United States tanks were on the streets, but residents reported seeing some of al-Sadr’s Mehdi army militia pulling out of the city.

  • Najaf faces final assault
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    / 20 August 2004

    Angola expels 400 illegal workers

    Angolan police have rounded up about 400 illegal workers, mostly from the Democratic Republic of Congo, in the northern Zaire province and plan to deport them, an official has said. The province on Thursday joined Operation Diamond, a nationwide crackdown on foreigners who are in the country illegally and involved in diamond trafficking.

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    / 20 August 2004

    Rest in peace, Paul Meintjes

    The late Paul Meintjes whom a prophet had predicted would rise from the dead must be buried by Saturday, according to an order delivered by police to his family in the Free State town of Hertzogville on Thursday. On Wednesday his widow took delivery of Meintje’s 50-day-old corpse and has since kept it in a coffin beside her bed.

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    / 20 August 2004

    Reserve Bank to monitor oil prices carefully

    The South African Reserved Bank (SARB) will be watching carefully the impact of the high oil price on inflation in the country, SARB Governor Tito Mboweni said on Friday at a meeting of Parliament’s joint finance committees. He acknowledged that there is nothing to be done to influence high oil prices.