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/ 21 November 2005

Between a rock and a hard place

The stone, mud and thatch huts of Letseng-La-Terae, atop Lesotho’s Maluti mountains, seem a glaring anachronism beside the high-tech Letseng Diamond Mine across the road. Locals show a deep distrust for outsiders, and at an altitude of 3 200m, the mine may be the world’s most rarified diamond operation.

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/ 21 November 2005

JSE down a tad, but golds pare losses

The JSE was a mixed bag just before midday on Monday, with the overall index just slightly lower due to profit-taking and a stronger rand. Good demand for gold and telecoms stocks ensured that the JSE’s losses were limited, however. By 11.56am, the all-share index was down a marginal 0,07%.

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/ 21 November 2005

Richards Bay to get R600-million boost

The port of Richards Bay, the largest in South Africa by volume, is to get a R600-million boost to improve its cargo handling capacity, a National Ports Authority official said. Port manager Thami Ntshingila said the investment, which will be made in 2006, will enable the port to handle increased cargo volumes spurred by the country’s economic growth.

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/ 21 November 2005

Judges in line-up for Zuma trial

Former Legal Resources Centre director and KwaZulu-Natal Judge Chris Nicholson appears to be an early front-runner to hear the explosive Jacob Zuma corruption case, set down for next July. Law professionals, in what is still officially the Natal Division, say Nicholson’s name is frequently cited among the judges in the division who are seen as sufficiently senior to try the case.

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/ 21 November 2005

ANC tight-lipped after executive meeting

The African National Congress is maintaining silence on the outcome of its two-day National Executive Committee (NEC) meeting which extended late into a third day on Sunday. A report on ways to heal rifts in the party and the rape allegations against axed deputy president Jacob Zuma are believed to have been on the agenda.