SOUTH African shares moved softer in cautious early trade on lack of a new impetus and after Wall Street closed lower overnight. However local traders said the focus remained on South Africa’s largest IT company Didata, which accounted for more than half of the traded volumes on the Johannesburg bourse yesterday. Didata was last up […]
GUNMEN raided a remote Roman Catholic mission in Angola and abducted 14 church workers and up to 20 civilians, the archbishop of Luanda said on Wednesday. The raid by unknown assailants at dawn on Tuesday came nine days after 21 children were kidnapped in a similar assault. This time the attackers targeted the Swiss mission […]
Indian tax authorities raided the homes of leading cricketers and bookies in Bombay and other parts of the country, a senior tax department official said. ”We are looking for wealth or assets which have not been disclosed,” said K.V. M Pai, chief commissioner for income tax in Bombay. Pai refused to disclose names, but said […]
PACKAGING firm, Malbak Ltd, said it had repurchased 17.8 million of its own shares for R53.1m. It said in a statement it used excess cash to fund the share buyback. – Reuters
SOUTH Africa’s Computer Configurations Holdings Ltd (CCH) expects to report a loss for the year ended June 30 following two significant write-downs. CCH said it had decided to curtail the research, development and manufacturing interests of Orca — in which it owns a 76 percent stake — a decision which will cost the company about […]
A TWO-MONTH fuel shortage, the worst for 20 years, has eased in Central African Republic thanks to the arrival of shipments from the Democratic Republic of Congo and elsewhere. ”The arrival of 40,000 litres of oil products by tanker truck and the arrival of two cargo vessels from the Democratic Republic of the Congo will […]
BARLOW Ltd, the South African-based industrial giant, has won a R760m materials handling contract commissioned by the British Ministry of Defence. The 10-year contract, which entails the provision, maintenance, service and replacement of forklift trucks required to move stores at military units, is seen as a significant boost for Barlow’s plans to extend its geographic […]
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. The film opening the Los Angeles Latino International Film Festival, ‘Women on Top’, seems to summarize the look and feel of this fourth annual event. The festival that starts on Friday and runs until 30 July, will feature a special program "Women’s Visions", highlighting the work of several contemporary Latin American and American female directors.
ASBESTOSIS victims in South Africa are ready to take the British based mining company, Cape PLC, to the International Court of Justice should they not be granted the opportunity to sue the company in British courts. Northern Province health MEC Sello Moloto made the statement during a report back meeting held at Ga-Mathabatha near Lebowakgomo […]