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/ 23 February 2004

Old Mutual: Nedcor stake not for sale

United Kingdom- and South African-listed financial services group Old Mutual plc CEO Jim Sutcliffe has reiterated the group’s commitment to retain its 52% stake in South African banking subsidiary Nedcor, saying that the stake is not for sale and that Old Mutual is even happy to further increase its shareholding in the group.

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/ 23 February 2004

Change is in the air at Nedcor

Nedcor’s chairperson, former finance minister Chris Liebenberg, is to retire at the company’s annual general meeting in May after more than 50 years’ service, the company said on Monday. Nedcor’s headline earnings for the year to December 31 2003 declined from R2,5-billion in 2002 to R55-million.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=31633">Old Mutual: Nedcor stake not for sale</a>

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/ 23 February 2004

Gateway to government

For almost five years the government has been on a major drive to streamline the services it delivers to the public through the intelligent use of computers and IT.
The latest development was the launch of the South African government services website last week. What the site currently lacks in content, aesthetic value and navigational adeptness it makes up for in concept.

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/ 23 February 2004

‘We’re born team players’

”Whites who really accept the new South Africa are with the NNP. An ironic development after 1994 is that the NNP has become the real rainbow party, while the party of liberalism has taken over the role of conservative complainers.” New National Party leader Marthinus van Schalkwyk fields 10 pre-election curve-balls.

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/ 23 February 2004

A sure winner

Ford’s new Fiesta has arrived in South Africa, and it promises to also be a winner. The new little runabout, which comes with 60 kW 1,4 and 75 kW 1,6 litre petrol engines is bigger and safer than its predecessor, with specification levels varying from fairly high to full-house. All models now boast two-stage dual airbags and central locking.

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/ 23 February 2004

More than 5 000 suicides in SA this year

More than 5 000 South Africans will kill themselves before the end of the year if current trends continue, the South African Depression and Anxiety Group (Sadag) said ahead of its second annual Teen Suicide Prevention Week on Sunday. The group added that suicide statistics included children as young as 10.