Shares in JSE- and New York-listed telecommunications group Telkom surged on Monday morning after the group reported better-than-expected results for the year ended March. At 10.14am, Telkom shares were up 3,02% or R2,32 at R80,20 after earlier trading as high as R81,85.
Seven Nelspruit high school pupils were killed when their car overturned and caught fire near the town on Sunday, Mpumalanga police reported. Captain Benjamin Bhembe said the driver of the Mercedes Benz was apparently speeding when he lost control of the vehicle at around 2am.
Two South African peacekeepers serving with the United Nations mission in the Democratic Republic of Congo (DRC) were killed on Sunday and nine others wounded during an attack by unidentified armed men near the eastern city of Goma, the mission said.
The South African government on Sunday offered its condolences to the United States following the death of former President Ronald Reagan. Reagan, who suffered from a long bout with Alzheimer’s disease, died on Saturday at the age of 93 at his home in Bel Air in southern California.
Sudanese rebels released 16 United Nations and other aid workers on Sunday who were kidnapped on Friday in Darfur province, where a huge international effort to prevent a human disaster is under way. They were seized by the Sudan Liberation Army in Mellit, about 50km north of al-Fasher, the provincial capital.
The head of the Zimbabwean central bank is due in Britain later this week to raise funds for the state’s depleted coffers, despite a travel ban which prevents Robert Mugabe and other leading politicians entering the country. Gideon Gono is due to address a group of Zimbabweans in Birmingham on Thursday to encourage them to send money home to their families through government channels.
The Israeli government on Sunday for the first time accepted the removal of some Jewish settlements from the occupied Palestinian territories. The historic Cabinet vote, on the 37th anniversary of the start of the Six Day war that began the occupation, paves the way for Ariel Sharon to fulfil a pledge to dismantle all settlements in Gaza by the end of next year.
‘You can’t have a bunch of bantustans’
The United States began saying a long farewell to Ronald Reagan on Sunday at the start of a week of commemoration that will culminate in a state funeral the like of which has not been seen in Washington since the death of Lyndon Johnson in 1973.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?ao=67473&t=1">Ronald Reagan dead at 93</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=67477">Reagan’s ‘ugly crime'</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=67481">Leaders pay homage to Reagan</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=67483">South Africa offers condolences</a>
A series of awards and grants encourage South African scientists in their chosen fields. Experts in everything from sardines to bones, nuclear reactions and throat cancer walked away with new awards at the sixth annual National Science and Technology Forum Awards in Kempton Park last week.
Oil sheikhs gathering in their robes to plot the downfall of the Western motorist is a popular stereotype. And many international actors would like us to think oil is a desperately scarce resource, to which access must be maintained by kow-towing to producers. The truth is more complex.