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/ 17 March 2006

ACDP suspends five members in Caledon

The African Christian Democratic Party has suspended five of its candidates who allegedly offered the African National Congress control of the Theewaterskloof municipal council, in Caledon, in exchange for a list of demands. They fell for an ”age-old trap” when they responded, in writing, to the ANC after it asked what they would want in return for their cooperation in controlling the council.

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/ 16 March 2006

Sasol BEE plans forge ahead

Sasol Mining’s black economic empowerment (BEE) ownership component will reach about 20% by 2009 and full compliance with the Mining Charter by 2014, the company said on Thursday. The wholly-owned coal-mining business of Sasol Limited said the first phase of its empowerment strategy entailed the formation of Igoda Coal.

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/ 16 March 2006

Journalist Lynda Loxton dies

Journalist Lynda Loxton, parliamentary correspondent for Business Report, died in a Cape Town hospital on Wednesday evening. Business Report editor Alide Dasnois said Loxton had been in a coma for several weeks, following an accident boarding a suburban train in the city last month.

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/ 15 March 2006

ANC licks its wounds in Cape Town

The African National Congress was left licking its wounds after surrendering control of the city of Cape Town when Democratic Alliance mayoral candidate Helen Zille won a closely fought election on Wednesday. ”We need to sit down and analyse what went wrong,” ANC provincial chairperson James Ngculu said.

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/ 15 March 2006

Eleventh-hour talks on Cape Town’s mayor

Smaller political parties, including the African Christian Democratic Party, were meeting on Wednesday morning to cobble together a deal ahead of a council meeting which will elect the Cape Town mayor and executive committee. ”After this meeting we will definitely know. There will be some clarity,” said ACDP mayoral candidate Pauline Cupido.

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/ 15 March 2006

SA get feet back on the ground

South Africa’s euphoria after their victory in what has been hailed as the greatest one-day game of all time was officially declared over by coach Mickey Arthur ahead of the first Test against Australia starting at Newlands on Thursday. ”We spent the morning talking about it,” said Arthur on Tuesday.

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/ 14 March 2006

Gilchrist: We’ve put it behind us now

Australia vice-captain Adam Gilchrist said on Tuesday that Australia had much to take out of Sunday’s defeat by South Africa in the final Standard Bank one-day international at the Wanderers. ”We have a lot that we can be proud of,” he said. ”We all know that we took part in something unique.”

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/ 14 March 2006

DA proposes a home-affairs revamp

The Democratic Alliance has presented Home Affairs Minister Nosiviwe Mapisa-Nqakula with a nine-step plan for turning her department into a functional and accountable branch of government. DA spokesperson Sandy Kalyan said the department was in a state of crisis, and nothing was being done about it.

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/ 14 March 2006

Uncertainty lingers over Cape Town mayor

The Independent Democrats may fulfil its pre-election prophecy of being the king-makers in the City of Cape Town on Wednesday, when the first council meeting elects the new mayor. ”If there is no resolution, the ID has to decide if it will vote for Nomaindia Mfeketo [incumbent ANC mayor] or not,” said the Democratic Alliance.

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/ 14 March 2006

‘Berlin was successfully defended’

A Tornado fighter jet refuelling a Cheetah fighter in mid-air and the SAS Amatola replenishing at sea were some of the high points noted by task-group commanders in a military exercise involving South African and German forces. Exercise Good Hope II took place around the Cape of Good Hope recently.

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/ 14 March 2006

SABMiller after Slovak brewery

SABMiller, one of the world’s largest brewers, has received permission from the Slovak competition authority to acquire Slovakia’s third-largest brewery, Topvar, in a deal worth an estimated value of $15-million (as measured by net-asset value). SABMiller confirmed this to I-Net Bridge on Tuesday

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/ 13 March 2006

ANC, ID mum on new Cape Town deal

<img src="http://www.mg.co.za/ContentImages/262374/vote-box_blue.gif" align=left>The African National Congress and the Independent Democrats are keeping mum on an apparent deal that has been struck with a third smaller party for control of the Cape Town metropolitan council, according to the South African Broadcasting Corporation.

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/ 13 March 2006

Kofi Annan arrives in Cape Town for SA visit

United Nations Secretary General Kofi Annan arrived in South Africa on Monday morning for a three-day visit that will include talks with President Thabo Mbeki on the global body’s reform. Annan’s visit is his first official one to South Africa since assuming leadership of the UN in 1997, the Department of Foreign Affairs said in a statement.

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/ 10 March 2006

The question remains: Who will govern Cape Town?

There was still no agreement by late on Friday afternoon over who will govern Cape Town. Talks between political parties were set to take place over the weekend in a bid to reach a settlement. ”We are waiting on various parties to get back to us on a variety of options and proposals,” said Ryan Coetzee of the Democratic Alliance.

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/ 10 March 2006

‘Colossal shortage’ of sauvignon blanc

Wine consumers were expected to bear the brunt of a white wine shortage, the chairperson of Wine Cellars South Africa said on Friday. ”Due to the exhaustive drought experienced last year, the crop was 11% down on that of 2004, resulting in a colossal shortage of white wine for the domestic and export markets,” Henk Bruwer said in a media statement.

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/ 9 March 2006

Rath launches new attack on TAC

Vitamin salesman Matthias Rath on Wednesday renewed his offensive against Aids lobby group the Treatment Action Campaign (TAC), saying it should be banned. The attack comes less than a week after a full bench of the Cape High Court granted the TAC an interim interdict against Rath and the foundation.

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/ 9 March 2006

Talks continue on governing Cape Town

The big wait continued on Wednesday as parties carried on the behind-the-scenes negotiations that will determine who will govern Cape Town, where no party won a clear majority in last week’s local government polls. ”Talks are continuing, progress is being made. But it all takes a long time,” a Democratic Alliance spokesperson said.

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/ 9 March 2006

Sanlam reports 99% increase in earnings

Listed financial services group Sanlam has reported a 99% increase in headline earnings per share for the year to the end of December 2005 to 229,8 cents from 115,3 cents a year earlier. The company declared a total dividend for the year of 65 cents per share, a 30% increase on the 50 cents per share distributed in 2004.

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/ 8 March 2006

ANC urged to probe Kebble link by DA

South Africa’s ruling African National Congress (ANC) has been urged to probe the financial links between its youth league and the late Brett Kebble. Democratic Alliance (DA) spokesperson Ian Davidson said a scandal had erupted from court papers filed by Randgold & Exploration that implicated Kebble and at least three ANC Youth League heavyweights ”in outright fraud”.