Zimbabwe’s central bank will issue a new Z$100Â 000 banknote after inflation topped 1Â 000% last month, one of the world’s highest rates, a state daily reported on Wednesday. The new banknote, worth US98c, will go into circulation on Thursday and will hold tender until December, the <i>Herald</i> newspaper said. Zimbabwe started introducing bearer cheques with a temporary validity three years ago.
Photographer Peter C Borsari, whose celebrity snapshots over three decades included candid moments of Elvis Presley, Frank Sinatra, Elizabeth Taylor and Jack Nicholson, has died. He was 67. Borsari died on Monday due to complications from elective knee surgery, long-time friend Laura Luongo said.
Indonesia on Wednesday defended the earthquake relief effort as aid agencies said survivors are still in desperate need of medical care and water four days after the disaster. The scale of the disaster became clearer as the death toll rose to 5Â 846, the social affairs ministry said on Wednesday.
World Bank president Paul Wolfowitz on Wednesday congratulated African nations for launching a campaign against corruption but said rich countries have to cooperate to stamp out graft. In a speech to businessmen in Seoul, South Korea, Wolfowitz said rich countries are deeply implicated in corruption in Africa.
HIV/Aids is a global emergency and urgent action needs to be taken rather than spewing out words about the pandemic, Anglican Archbishop of Cape Town Njongonkulu Ndungane said in a statement on Tuesday, on the eve of a high-level United Nations meeting on HIV/Aids in New York from Wednesday.
Cocooned in rural seclusion, Donsol, a placid little town, long kept a big but unintended secret: In the first half of the year, the sea swarms with the world’s largest fish. Whale sharks — some as big as a bus — have put on an annual show for local folks for generations, roaming close to shore and seemingly unafraid of humans, who left the fish alone.
Shaun Bartlett is being meticulously targeted by both current Premier Soccer League champions Mamelodi Sundowns and Absa Cup holders Kaizer Chiefs — and anyone believing it is a fait accompli that the all-time leading Bafana Bafana goal scorer and former captain will land up with Amakhosi could be jumping the gun.
The South African rand was looking soggy in early trade on Wednesday after sliding overnight on weakness in emerging-market currencies and stop losses triggered in euro-rand. Traders expected the local unit to weaken further, targeting the R6,80-per-dollar level.
The strength of South Africa’s athletes in the 400m hurdles was clearly demonstrated at the Golden Spike IAAF World Tour meeting in Ostrava, Slovakia, on Tuesday night when LJ van Zyl and Ockert Cilliers finished second and third respectively. The race was won by world champion Bershawn Jackson of the United States.
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A disappointing campaign at Euro 2004 and the emergence of Wayne Rooney as England’s new golden boy has eroded David Beckham’s position as Sven-Goran Eriksson’s main man. But Beckham’s match-winning display against Hungary at Old Trafford on Tuesday proved he still has the ability to guide England to glory in Germany.