The beleaguered N2 Gateway housing project in Cape Town has been dealt a further financial blow by the discovery that 705 units comprising the project’s first phase have been built on a 50-year flood plain. The city has had to fork out a further R10-million to build a culvert to divert possible flood waters.
Berlin has, after more than 60 years, reversed a policy of concealing the location of the bunker where Adolf Hitler shot himself in the final days of World War II. A large information panel was erected on Thursday near Wilhelmstrasse, above the underground labyrinth where Hitler married Eva Braun hours before committing suicide with her on April 30 1945.
If the current inflationary pressures and other negative factors persist into the second half of the year, it is quite possible that interest rates may increase further before the end of the year, Absa said on Friday. The bank said its projection with regard to nominal growth in property prices was dropped from 12,1% earlier this year to 11,5% before Thursday’s rate hike.
Trailblazer Neo Ntsoma is leading the way for local women photographers, writes Maria McCloy.
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You can’t rule out Germany, and Poland gave England a run for their money in qualifying. Sweden are solid at the back, and Trinidad and Tobago could be the joke side of the tournament. The Netherlands had the best qualification record in Europe this time. Neal Collins looks at the chances of all 32 teams in the Soccer World Cup.
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The World Cup has always been a paradox of sorts. While it is supposed to be about the celebration of cross-cultural talent and the collective ability of nations, it always debunks the widely held myth that our players possess peculiar natural skills only found in Africa.
Cathay Pacific fulfilled a long-held ambition on Friday to gain greater access to the key Chinese market when it announced a deal to take over its smaller local rival Dragonair and cement ties with Air China, the mainland’s flag carrier. The complicated cross-sharing deal that took over two years to finalise sees state-run Air China and Cathay Pacific code-share on all routes and operate others under a profit share arrangement.
An Indian man who spits out 1 000-digit memorised numbers in reverse order has warned that speed-dial features on cellphones and other shortcuts are turning people into ”mental slobs”. Nishant Kasibhatia was named Indian with the sharpest memory in the latest edition of the Limca Book of Records on Thursday.
To some, it’s the symbol of one of the most powerful rugby-playing nations in the world, united by former South African president Nelson Mandela. Others remember it as an icon of racial oppression and exclusivity based on skin colour. There is even a drink named after it.
South Africa enters the worldwide digital revolution with the release of its first download-only album this week, writes Stephen Timm.