South African Minister of Finance Trevor Manuel says the challenge nations face today is to translate the potential benefits of globalisation into real gains for the poorest in the world. On Monday, Manuel delivered the Oxford University Inaugural Global Economic Governance Lecture in the United Kingdom.
Bridgestone, the world’s largest manufacturer of tyres and other rubber products, on Tuesday stated that it is to invest about R700-million in upgrading and expanding its Brits tyre manufacturing plant in North West province over a five-year period.
The JSE Securities Exchange South Africa (JSE) was weaker just before noon on Tuesday, with a stronger rand weighing on heavyweight dual-listed and resources stocks. Volumes were light and just more than half a billion rands’ worth of shares had been traded.
A man inspecting the side of a building in Johannesburg’s Fox Street fell to his death on Monday afternoon, Emergency Services spokesperson Malcolm Midgley said on Tuesday. The man was moving along the side of the building in a ”gondola” suspended from the top of the building, inspecting granite slabs.
South African Oscar-winner Charlize Theron on Monday got back a piece of the gold she so proudly dedicated to her home country. At a meeting with President Thabo Mbeki in Pretoria, the actress was presented with an ounce of gold still ingrained in the rock in which it was formed.
The South African government was concerned that SA citizens may be among the 64 alleged mercenaries aboard an aircraft impounded in Zimbabwe on Sunday. The Department of Foreign Affairs said it was in close communication with South Africa’s High Commissioner to Zimbabwe, Jerry Ndou, as he sought clarity on the circumstances surrounding the incident.
With the world marking International Women’s Day this week, women in South Africa might find themselves asking what benefits 10 years of democracy have brought them — especially in the important area of reproductive health. The country still faces problems relating to abortions, prophylactics and access to health care.
The board of Martha Stewart Living Omnimedia was locked in emergency meetings on Monday to determine the future of the company after its founder was last week convicted of lying to federal investigators.
After weeks of stop-start talks, backroom deals, sleepless nights and hard political bargaining, Iraq’s governing council finally unveiled its interim Constitution on Monday, declaring it to be ”a decisive moment in the history of the new Iraq”.
China, the most populous nation on Earth, could find itself dealing with the combined frustrations of as many as 40-million single men by 2020 because its one-child policy is creating a shortage of female babies. An expert, Li Weixiong, said the dearth of women would lead to a dramatic rise in prostitution and the trafficking of women.