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/ 10 September 2003
South African commercial bank First National Bank, part of the Firstrand Group, on Wednesday afternoon joined Standard Bank and Absa in announcing a 100 basis point cut in its lending rates to 13,5%.
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/ 10 September 2003
The Democratic Alliance and the New National Party have reacted to the announcement by the South African Reserve Bank of a 1% cut in the repo rate. A scheduled meeting of the bank’s monetary policy committee was pre-empted by the repo-rate meeting on Wednesday.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=20291">FNB joins Standard, Absa in cutting rates</a>
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=20288">Reserve bank cuts rate</a>
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/ 10 September 2003
A consortium comprising South African media groups Caxton and CTP Publishers, Johncom and Kagiso Media confirmed on Wednesday that it is participating in and is the preferred bidder in the tender process that has been announced by New Africa Investments Limited.
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/ 10 September 2003
South African Minister of Labour Membathisi Mdladlana on Wednesday warned that his department could take legal action against companies that do not meet a deadline of October 1 for the submission of employment equity reports.
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/ 10 September 2003
Minister of Transport Dullah Omar has announced that dramatic changes to the Road Accident Fund are in the pipeline after the Cabinet had in principle accepted the recommendations of the Satchwell commission report.
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/ 10 September 2003
Resources were leading the JSE Securities Exchange (JSE) into the red in noon trade on Wednesday after Dresdner KW downgraded the mining sector to "underweight" from "neutral". However, weakness on the local bourse was widespread as players took profits on the back of softer world markets.
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/ 10 September 2003
Amid cultural dance and drama performances, fourteen HIV-positive women in Botswana paraded down the runway this past weekend in a beauty pageant aimed at destroying misconceptions about people living with the disease.
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/ 10 September 2003
On the eve of the second anniversary of the September 11 terrorist attacks, President George Bush is embarking on two days of events in which he will claim progress in bolstering the United States against future attacks.
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/ 10 September 2003
Women who are overweight experience slower HIV progression than women who are underweight, according to research.
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/ 10 September 2003
Elections are still many months away, yet political jostling is well underway and media is already deeply implicated. Do you know if the coming poll will be about the politicians or the citizens, and what role media may play in this? And, a related issue, do you know that 11 million South Africans won’t vote unless media (and others) can change the status quo in voter registration?