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/ 16 November 2006
Former Enron chief accounting officer Richard Causey was sentenced on Wednesday to five-and-a-half years in prison for approving the bogus bookkeeping that led to the company’s 2001 collapse. Causey (46) the last of the top-tier Enron executives to be sentenced, pleaded guilty to securities fraud in December 2005.
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/ 16 November 2006
BP’s tie-up with its United States rival Amoco was supposed to create an ethical champion at the top of the global oil industry. Negotiated by Lord Browne over a bottle of Puligny-Montrachet in a London restaurant, it was one of the biggest mergers in history. But eight years on, BP’s US arm is becoming the US’s most accident-prone business.
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/ 16 November 2006
Significant progress has been made implementing an anti-Aids drug programme in the Free State, the provincial health department said on Tuesday. Spokesperson Geralda Winkler said officials in the programme had been undergoing extensive training by the department’s skills development unit.
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/ 16 November 2006
The government will give Cape Town R1,9-billion to build a 68 000-seater stadium in Green Point for the 2010 Soccer World Cup, the city said on Wednesday. The funds from the National Treasury stem from R8,4-billion earmarked for 2010 stadiums, said Ian Neilson, Cape Town mayoral committee member for finance.
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/ 16 November 2006
United States President George Bush has told senior advisers that the US and its allies must make ”a last big push” to win the war in Iraq and that instead of beginning a troop withdrawal next year, he may increase US forces by up to 20 000 soldiers, according to sources familiar with the administration’s internal deliberations.
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/ 16 November 2006
More than 12 years after the murders of Nicole Brown and Ron Goodman, OJ Simpson will revive memories of the case that gripped America with a controversial TV appearance later this month. In the latest twist in the case, Simpson is to tell how he would have killed his ex-wife and her friend, if he were responsible for the murders.
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/ 16 November 2006
A third Tshwane city councillor has been shot, media reports said on Thursday. William Mahlangu (42) a member of the Tshwane mayoral committee responsible for finance, was the latest victim. He was returning from a committee meeting at about 9pm when he was shot in the right arm. The bullet lodged in his chest.
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/ 16 November 2006
"Jagshemash!!!" Kazakhstan is belatedly turning the joke on Borat, using the blundering fictional reporter as an unlikely prop to "make benefit" its tourism industry. Embracing the maxim "if you can’t beat them, join them", a Kazakhstan-based tour company has pounced on Borat’s conquest of Hollywood to lure Americans keen to find out what the country is really like.
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/ 16 November 2006
The misattribution of the phrase "a generally corrupt relationship" is neither a storm in a teacup nor a constitutional crisis. But it should not, under any circumstances, be used as a reason to build popular momentum for resistance against the possible laying of corruption charges against the African National Congress deputy president, Jacob Zuma.
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/ 16 November 2006
"A storm in a teacup" is how State Prosecutor Billy Downer summed up the controversy that has erupted since Judge Hilary Squires denied having said that Jacob Zuma and Schabir Shaik had a "generally corrupt relationship". Downer could not be more wrong!