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/ 16 February 2004
A Zambian court on Monday adjourned the trial of former president Frederick Chiluba, who is facing charges of corruption and abuse of office during his decade in power, with the magistrate rapping the prosecution for being disorganised. ”I am not impressed at all,” Magistrate Jones Chinyama said.
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/ 16 February 2004
About 1 100 marine scientists worldwide called on the United Nations to ban the use of deep-sea trawling nets, according to reports on Monday. They are destroying irreplaceably coral fields and sponges — ”like bulldozers”, according to the appeal.
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/ 16 February 2004
Professor Robin Broadhead, dean of the Malawi College of Medicine, specialises in children infected with HIV/Aids. The avenue of research that he is currently pursuing is the prevention of mother-to-child infections, a task hampered by the fact that most Malawian mothers breastfeed — there simply is no alternative.
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/ 16 February 2004
The South African Convergence Bill drafters must focus on criticisms raised by industry stakeholders or face the flight of the sector abroad, says Pravesh Singh, an information technology law specialist at Jan S de Villiers.
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/ 16 February 2004
The People’s Budget Campaign, representing NGOs, church groups and trade unions, has motivated for a modest increase in taxes relative to gross domestic product and an increase in state borrowing and a cancellation of the third tranche of fighter jets for the South African National Defence Force.
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/ 16 February 2004
A strong rand and higher production meant that Anglo Platinum’s headline earnings declined by 62,8% in 2003, compared to the previous year, chief executive officer Ralph Havenstein said on Monday. In a media statement the group said it had achieved a gross profit margin of 23,7%, and declared a final dividend of 270 cents per share.
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/ 16 February 2004
Health groups are expecting a budget allocation to be announced in this week’s Budget for the roll-out of anti-retroviral therapy within the public health sector. They believe there might also be an announcement on tax concessions for companies that provide HIV/Aids treatment for their employees.
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/ 16 February 2004
Tanzania is not bound by a treaty, signed in 1929 when the east African country was under British colonial rule, that requires it to seek permission from Egypt to use water from Lake Victoria, the government insisted on Sunday.
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/ 16 February 2004
The JSE Securities Exchange South Africa (JSE) was flat just before midday on Monday, with no fresh news to drive the market. With United States markets closed for President’s Day, volumes were very light — just more than half a billion shares had changed hands.
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/ 16 February 2004
South Africa’s 2004/05 government Budget, set for release on Wednesday, should reveal a "go for growth" strategy, tolerating an increase in the Budget deficit in the coming years, according to investment bank Lehman Brothers. This expansionary fiscal policy could prove to be crucial to sustain economic growth in 2004 and beyond.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=31237">Budget could bring positive surprise</a>