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/ 15 July 2004

Ugandan army nabs senior rebel commander

The Ugandan military has achieved a major breakthrough in its battle with anti-government rebels after capturing a high-ranking rebel commander described as ”the heeart and spirit” of the rebellion raging in the north of the country. ”Brigadier” Kenneth Banya was captured following a skirmish at Okidi.

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/ 15 July 2004

Bonds end weaker despite US data

South African bonds ended weaker on Thursday despite United States data that should have resulted in bonds rallying. The benchmark six-year R153 bond was at 9,710% from 9,650% at Wednesday’s close, 9,700% at Tuesday’s close, 9,580% at Monday’s close and a recent worst level of 10,29% on June 15.

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/ 15 July 2004

Liberty Group announces BEE deal

Listed South African banking group Standard Bank and associated financial services group Liberty Group have announced agreements which will see an effective 10% of Standard Bank’s South African banking operations and 10% of Liberty Life’s South African operations go to broad-based black groupings.

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/ 15 July 2004

Twin car bombs kill 13 in Iraq

Thirteen people have been killed in two seperate car boms in Iraq. Ten people lost their lives in the first explosion in the northwestern city of Hadithah, while three suicide bombers were killed when their explosive-packed vehicle detonated near a military installation in the Shiite holy city of Karbala.

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/ 15 July 2004

Sunshine City goes dark

Living in the Zimbabwean capital, Harare, is getting harder as weary residents battle with frequent power cuts, water shortages and the ever-rising prices of basic goods. Harare once boasted the nickname ”Sunshine City” but in the depths of a Zimbabwean winter, it’s looking less and less that way for all residents.