While telecommunications group Telkom’s spending on black economic empowerment (BEE) entities rose to R4,6-billion rand in 2004 — more than five times the R838-million spent on empowerment suppliers in 1998, Telkom CEO Sizwe Nxasana said the group wants to spend more on BEE firms in the future.
New Zealand failed to make the most of their good start in the one-day cricket series against Australia, after an 84-run opening stand by Nathan Astle and Stephen Fleming ended with the side all-out for 233 at the Basin Reserve in Wellington on Tuesday.
Pakistan cricket captain Inzamam-ul-Haq may be banking on the ”passion and enthusiasm” of his young team to tame India in their own backyard, but he requires more than just that to taste success on the arduous tour. India had not lost at home in four years until Australia ruined their impressive record last season with a 2-1 victory.
A state of emergency has been declared in part of the Cook Islands after Cyclone Percy slammed into the region leaving only 10 houses intact in an area home to more than 600 people, authorities said on Tuesday. A spokesperson said all houses on Nassau were "severely damaged or destroyed".
The Bush administration was accused on Monday of trying to roll back efforts to improve the status of the world’s women by demanding that the United Nations publicly renounce abortion rights. The US’s demand overshadowed the opening on Monday of a conference intended to mark the 10th anniversary of the Beijing conference on the status of women.
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Deputy President Jacob Zuma and Schabir Shaik bluffed former president Nelson Mandela to ensure that he did not withhold financial assistance to Zuma, the Durban High Court heard on Monday.
Scores of chairs lined the rooms and corridors, and jugs of coffee and water and trays of figs were ready to welcome men paying their respects. But the family of Abdullah Badran, the 21-year-old who blew himself up at the entrance to a Tel Aviv night club on Friday, killing five Israelis, were left alone in their grief.
The Pope began to receive physiotherapy on Monday to help him breathe and speak as doubts persisted over how effectively he will be able to communicate in future. There were also signs of an intense debate among senior church figures over how long the Pope should stay in hospital.
African media group Primedia on Tuesday reported a 34,4% increase in headline earnings per share for the six months ended in December 2004 to 43 cents from 32 cents a year earlier. The group increased its interim distribution per share by 40,1% to 22 cents from 15,7 cents a year ago.
Last year’s results out of Johncom and Naspers were excellent, providing the strongest evidence possible that local media has emerged from the doldrums. Kirsty Laschinger compares the performance of these South African giants.