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/ 27 October 2004
A coalition of trade unions and pro-democracy groups issued Nigeria’s President Olusegun Obasanjo with an ultimatum on Tuesday, warning him to cut fuel prices this week or face a renewed nationwide general strike. Obasanjo has defended the price increases as a necessary evil as Nigeria embarks on an ambitious series of economic reforms.
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/ 27 October 2004
Metals and mining company Kumba Resources is to spend R411-million on two new local projects as part of its plans to expand its coal business. Kumba executive Trevor Arran said the projects at the Grootegeluk and Leeuwpan coal mines would mitigate the effect of job losses announced within the group as part of the business
improvement plan.
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/ 27 October 2004
A second day of peace talks on the crisis in Sudan’s Darfur region broke off early when rebels refused face-to-face talks with the government until the African Union meets separately with both sides to draft an agenda. Delegates said the African Union-brokered talks in Nigeria’s capital, Abuja, would resume on Wednesday.
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/ 27 October 2004
Mail & Guardian Media chief executive Trevor Ncube on Wednesday told staff that the company is exploring a number of investment opportunities. This follows speculation in the media that M&G Media will merge with Moneyweb, the listed radio and internet media group.
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/ 27 October 2004
Route 65 dips, rises and swings through the Ozark mountains, past rib shacks offering hickory hams and small stores emblazoned with the confederate flag. "The past is never dead," wrote Mississippi’s famous son, William Faulkner, of the south. "It’s not even past."
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-InternationalNews&ao=124362">Comeback Kid puts heart into campaign</a>
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/ 27 October 2004
”Trial by media” has become a tiresome accusation, trotted out ad infinitum whenever a person finds coverage disagreeable. The phrase has been in the news again thanks to unhappiness by characters as diverse as Deputy President Jacob Zuma and Sharon Matthews, mother of Leigh — the kidnapped and killed student. It’s repeated so often, it’s almost as if the media themselves are now in the dock.
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/ 27 October 2004
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Schabir Shaik’s Nkobi group used ”creative accounting” when doing the books of subsidiaries Kobitech and Kobifin, the Durban High Court heard on Tuesday. This occurred during the establishment of the Prodiba project which was involved in the manufacture of credit card driver’s licences, forensic expert Johan van der Walt said.
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/ 27 October 2004
The South African government would not enforce a black economic empowerment (BEE) charter in the automotive industry, allowing it to commit to its own initiatives, said Mandisi Mpahlwa, the Trade and Industry Minister, on Tuesday. The minister said although government would prefer BEE equity participation, it was ”open to negotiation” with global companies.
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/ 27 October 2004
Fidel Castro has ended Cuba’s decade-long, bitter-sweet romance with the dollar. The announcement that United States currency notes will in a fortnight no longer be accepted as payment in the country marks a radical change. Cubans have become used to shopping for all but basic goods with the greenback.
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/ 27 October 2004
On the surface little seemed amiss in Ms A’s life. Her marriage to a rock musician had failed, but at 34 she had no money worries and she loved her two children. But she wanted to die. Earlier this month, after several failed attempts, she succeeded. The woman, whose name is being withheld by police, was one of seven people, including four 20-year-olds, found dead two weeks ago in an estate car.