A top Minerals and Energy department official Nchakha Moloi has expressed concern that a new wave of retrenchments could hit South Africa’s mining industry if the currency firmed above the seven rand to the dollar mark.
JSE Securities Exchange South Africa and Namibian Stock Exchange listed brewer Namibian Breweries (NBS) on Wednesday reported a decline in headline earnings per share to 11,1 Namibian cents for the 12 months ended January 31 from 29,5 Namibian cents for the same period a year ago.
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Sustained, if moderate, growth; inflation relatively under control; the rand strengthening — on the face of it, our economy has been doing well. "The tide has turned," President Thabo Mbeki could say in his February State of the Nation address.
Analysts believe the rand will hold its own or slightly appreciate in value in the short term — but will drift down to about R8 to the dollar by year-end.
Libya will pay -million to each of the 270 victims of the 1988 Lockerbie airliner bombing after accepting civil responsibility for the blast, says the country’s foreign minister.
The Republican Party has scheduled its 2004 convention unusually late in the year, so that the climactic moment when President George W Bush’s re-election campaign begins will nearly coincide with the third anniversary of the September 11 attack.
It is with a guilty sigh that Yoshi Izumi admits his firm is doing rather well out of the virus that is terrifying millions of people in Asia and threatening the economies of several nations in the region.
Tim Partridge and Ron Clarke of the University of the Witwatersrand and Darryl Granger and Marc Caffee of Purdue University in the US have shaken the very bones of the palaeoanthropological world with a research article that appeared in this week’s issue of the prestigious US publication Science.
Morgan Freeman doesn’t want to talk about money, drugs or even his new movie. Simon Hattenstone had a tough time cracking him in Paris