Two Japanese tourists were wounded and three others were robbed along with two South Africans when an armed gang hijacked a pair of safari vans in Kenya’s famed Maasai Mara game reserve, police said on Tuesday. Seven men armed with a rifle, clubs and machetes attacked the tourists on Monday evening as they were returning from a game drive.
Banking group Absa has issued 27 new put and call warrants in order to keep up with the fast growth in South Africa’s warrants market. "We have decided to include a few put warrants for the fainthearted who feel that the market has gone too far, too fast and believe that there will be a pullback," said Gizelde Brady, a member of the Absa Corporate Merchant Bank equity derivatives team.
Premier Soccer League CEO Trevor Phillips on Monday promised ”quick justice” after Kaizer Chiefs supporters ran amok following Amakhosi’s 2-1 SAA Supa8 defeat against Bloemfontein Celtic at the FNB Stadium on Saturday night. However, the process is not likely to be painless.
Arjen Robben is set to become the latest high-profile Chelsea player to be dropped by Jose Mourinho when the Premiership champions take on West Brom at Stamford Bridge on Wednesday. But unlike Ricardo Carvalho, Robben is not being demoted for speaking out against Chelsea’s squad-rotation policy.
Seven-time Tour de France champion Lance Armstrong denied ever taking performance-enhancing drugs, in response to a report published on Tuesday by the French daily L’Equipe that he was proven to have taken an endurance-boosting hormone during his first Tour de France triumph in 1999.
South Africa’s rigid black economic empowerment (BEE) targets for equity, employment and management mean that United States firms will have to rearrange their entire business structure "simply to invest" in South Africa, says official opposition leader Tony Leon.
McCarthy Motor Holdings, part of listed diversified industrial group Bidvest, has introduced a new concept in car sales targeting the low end of the car market — McCarthy Student Wheels, selling used automobiles at prices of R55 000 or less. It provides reliable cars to students or first-time car buyers with limited budgets.
South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter seasonally annualised and adjusted basis rose by 4,8% in the second quarter of 2005 from 3,5% in the first quarter, Statistics South Africa said on Tuesday. Mike Schussler, economist at T-Sec, said: "It’s very, very good."
The International Badminton Federation said it needs to transform its image from one of a backyard barbecue activity to a sport of global interest like Formula One. ”Our target is to promote the game to the audience,” IBF deputy president Punch Gunalan said. ”We must show countries like the United States that badminton is exciting and not just a garden game.
South Africans Graeme Smith and Shaun Pollock will lead the World Test and one-day teams in the Super Series in Australia in October, the International Cricket Council (ICC) announced in Melbourne on Tuesday. Smith will lead the ICC World XI in the six-day Test against the Australians, while Pollock will skipper the international team for three one-dayers against Australia.