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/ 17 August 2007

Floor show about to begin

The floor-crossing window, which opens next month, could diminish further the strength of most opposition parties. For the first time this year the floor-crossing window for national and provincial MPs will coincide with that for municipal councillors. The 11 opposition parties are expected to lose more members to the ruling African National Congress.

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/ 17 August 2007

Energy and food: rates rise culprits

Despite turmoil in international markets, the Reserve Bank’s monetary policy committee (MPC) raised interest rates another 50 basis points on Thursday, bringing the repo rate to 10% and the prime rate to 13,5%. ”The MPC noted that recent financial market developments in some of the developed economies have had spillover effects on emerging markets including South Africa,” it said in a statement.

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/ 16 August 2007

Peru earthquake toll rises past 400

Peruvians pulled hundreds of dead from the rubble of homes and churches on Thursday, piling some of them on street corners after a huge earthquake ravaged the country’s central coast. At least 437 people were killed in the 8,0-magnitude quake on Wednesday night, Peru’s civil defence agency said.

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/ 16 August 2007

Manto goes after medical records

The Sunday Times had not filed anything by Thursday evening in reply to court papers seeking the return of Health Minister Manto Tshabalala-Msimang’s medical records. On Thursday afternoon, the health minister and the Medi-Clinic company filed a notice of motion for an urgent application in the Johannesburg High Court.