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/ 25 October 2004
The most important issue that Minister of Finance Trevor Manuel should address in his medium-term Budget policy statement — to be delivered in Parliament on Tuesday afternoon — is economic growth, says South Africa’s opposition leader Tony Leon.
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/ 25 October 2004
Tanzania’s first-ever machine for rapid analysis of multiple DNA samples has been welcomed by scientists, who say it will revolutionise their research. Until now, researchers have had to perform a manual analysis that takes 72 hours for a single sample, take a bus to a neighbouring country, or a plane to a First World country.
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/ 25 October 2004
For four decades, Japan’s high-speed ”bullet” trains have moved millions of people through this earthquake-prone nation efficiently, at high speed and without a single derailment — until now. The 6,8-magnitude quake that ravaged northern Japan on Saturday knocked the Toki No 325 bullet train off its tracks.
Japan in shock after earthquake
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/ 25 October 2004
General Bantu Holomisa’s United Democratic Movement says Deputy President Jacob Zuma should ”vacate” his position and thereafter he should be prosecuted. At the party’s national council in Pretoria at the weekend, the party passed a resolution noting the trial of Zuma’s business adviser Schabir Shaik.
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/ 25 October 2004
World number-six gold miner Harmony on Monday announced a headline loss per share of 110 cents for the September quarter, from a loss of 131 cents in the June quarter. Harmony also reported a basic loss per share of 106 cents in the September quarter, from a loss of 191 cents in the June quarter.
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/ 25 October 2004
KwaZulu-Natal police have found the bodies of four men who were murdered in two separate incidents over the weekend at Ngudwini. Police spokesperson Superintendent Jay Naicker said Mkhombeni Ntanzi (41) was shot several times in the early hours of Sunday morning when he went out to herd his cattle into the valley below the Mbizana store.
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/ 25 October 2004
Twelve Palestinians were killed and another 50 injured during a major Israeli incursion into the southern Gaza Strip on Monday, Palestinian medical and security sources said. The bloodshed came just hours before the Israeli Parliament was to debate a controversial pull-out from the Gaza Strip next year.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?cg=BreakingNews-InternationalNews&ao=124286">Israel settlers row at crisis point</a>
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/ 25 October 2004
The board of world number-four gold miner Gold Fields on Monday said it is working closely with its independent financial advisers and plans to publish its formal response to Harmony’s offer by November 3. Last Monday, Harmony announced it is making a hostile bid for Gold Fields.
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/ 25 October 2004
Affordable banking in the form of the Mzansi national account — an initiative by the country’s major banks to reach the country’s estimated 13-million unbanked — became a reality on Monday. The account will be offered by South Africa’s so-called "big four" banks — Absa, Nedbank, First National Bank and Standard Bank.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&ao=124310">Mzansi account is ‘a real victory'</a>
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/ 25 October 2004
Monday’s launch of the national Mzansi bank account is the culmination of interaction between civil society, the public sector and banks to deliver a workable banking solution to millions of previously unbanked South Africans. Blade Nzimande, chairperson of the Financial Sector Campaign Coalition, called the launch ‘a real victory’.