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/ 26 January 2005

Claustrophobic Swede avoids prison

A Swedish man suffering from claustrophobia has been allowed to avoid jail time for perjury, prompting media speculation that his illness convinced the government to give him a pardon. The government refused to give a reason for pardoning Thomas Lundberg, who had been sentenced last year to four months behind bars for perjury.

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/ 26 January 2005

Travelgate: DA MP named

South Africa’s official opposition has welcomed the step taken by one of its backbench MPs, Craig Morkel, in taking voluntary suspension. ”[Morkel’s] attorneys were informed yesterday [Tuesday] that he is among the 40 MPs the Scorpions intend to prosecute,” Democratic Alliance chief whip Douglas Gibson said.

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/ 26 January 2005

Earthlife wins nuke court case

The Cape High Court on Wednesday ruled in favour of environmental group Earthlife Africa when it set aside the Director General of the Department of Environmental Affairs and Tourism Dr Chippy Olver’s authorisation of construction of a pebble bed modular reactor.

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/ 26 January 2005

Buy a bean plant and express your love

Japanese people who are too shy to work up the courage to say "I love you", or at least want a little surprise, have a new option: a bean plant that sprouts to read a special message. Japan’s second-largest toymaker will soon start marketing of the gift cans, which hold soil and the small plant bearing a message that sprouts up in about five days.

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/ 26 January 2005

Coronation announces BEE funding

Coronation Fund Managers (Coronation) has secured third-party funding for its broad-based black economic empowerment (BEE) staff transaction with the Imvula Trust, the group announced on Wednesday. Arising from the transaction, the company is proposing a distribution of 25 cents per Coronation share to shareholders.

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/ 26 January 2005

Inflation figures released for December

South Africa’s CPIX inflation (headline inflation excluding mortgage costs) was up 4,3% year-on-year (y/y) for metro and other areas in December, compared with 4,6% y/y in November, Statistics South Africa said on Wednesday. CPIX was down 0,2% month-on-month (m/m) in December compared with a 0,6% m/m rise in November.