The JSE Securities Exchange (JSE) was stronger in noon trade on Tuesday as SABMiller’s announcement before the opening that it was acquiring a controlling interest in Bavaria in Latin America lifted traders’ spirits. Dealers said that while there were pockets of profit-taking on the bourse, overall sentiment remained positive.
South African Rugby has suspended the executive committee of the Eastern Province Rugby Union with immediate effect. A South African Rugby Union (Saru) spokesperson said union representatives held a meeting with the Eastern Province executive committee on Monday night to discuss various problems.
The Norwegian government has withdrawn aid totalling -million to Uganda, accusing Kampala of mishandling the political process, and failing to contain corruption and human rights abuses, the Norwegian ambassador said on Tuesday. A government spokesperson said the decision by Norway to cut aid ”is totally unjustified”
Lance Armstrong isn’t just trying to win a seventh straight Tour de France title, he’s also trying to win over the French fans. Armstrong’s sometimes brash dominance of the 102-year-old race is one reason why he has encountered hostility. In recent years, politics also have played a part.
South African Wesley Moodie beat the heat on Monday in a steamy struggle over Jean-Rene Lisnard of France 6-3, 6-3 to reach the second round of the 000 RCA Championships in Indianapolis. Moodie was the surprise winner of the Wimbledon doubles title this month, alongside Australian Stephen Huss.
Nasa has yet to find a glitch that scrubbed the space shuttle Discovery‘s launch six days ago, said officials on Monday who still could not set a new launch date. ”We are still looking for the problem,” shuttle programme manager Bill Parsons said. At the soonest, Nasa said, Discovery could blast off on July 26.
Following its unbundling from the Fidelity Services Group in March this year, Fidelity Supercare Services Group has announced the sale of a 25%-plus-one-share equity stake to Zungu Investments Company (Zico), a 100% black-owned and -managed company led by entrepreneur Sandile Zungu.
Two of the London bombers travelled to Pakistan together last November and spent almost three months there, it emerged on Monday. Pakistani officials released dramatic footage showing Mohammad Sidique Khan, the man suspected of leading the London cell, arriving from Britain at Karachi airport on the same Turkish Airlines flight TK 1056 on November 19 last year, as Shehzad Tanweer.
Online retailer Amazon.com has opened a software development centre in Cape Town, a statement issued by the company said on Tuesday. The centre will create innovative web services and help software developers build innovative applications using Amazon technology.
South Africa’s largest retail banking group, Absa, is to reward more than 700 long-term customers who have been with the bank for 50 years or longer. The bank says the rewards are part of the bank’s efforts aimed at keeping customers satisfied.