A post template

No image available
/ 8 January 2004

Malawi’s president survives five-car pile-up

President Bakili Muluzi’s convoy was caught in a five-car pile-up on Wednesday that injured Presidential Affairs Minister Ken Lipenga and three other people, officials said. Muluzi escaped unharmed. The accident occurred as Muluzi was returning home from the airport after attending a political rally in the Kasungu region.

No image available
/ 8 January 2004

JSE perks up as rand slides

After trading weaker all morning in a lethargic market, the JSE Securities Exchange South Africa (JSE) perked up in noon trade when the rand weakened suddenly — and sharply — against the dollar. Dealers expected more strength from stocks if the rand remained at weaker levels.

No image available
/ 8 January 2004

Raising Spirit on Mars

Nasa is delaying rolling its <i>Spirit</i> rover off the spacecraft that brought it to Mars and on to the Red Planet’s rocky soil in order to give engineers more time to clear its path. The earliest the six-wheeled <i>Spirit</i> will roll on to the Martian landscape is January 14, or about three days later than originally planned.

No image available
/ 8 January 2004

Banking crisis mounts in Zimbabwe

Prices of some commodities, particularly furniture and electrical goods, have started dropping drastically in Zimbabwe, but a crisis in the banking sector continues to hound depositors. Economists say businesses are trying to raise cash to invest on the money market, where interest rates have shot to more than 700%.