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/ 3 March 2005

Minister wants equality in SA sport by 2010

Minister of Sport and Recreation Makhenkesi Stofile on Wednesday said he wants to see racial transformation in sport completed by 2010. ”We would have been there if we did what we had to do since 1992,” Stofile told reporters in Cape Town, lamenting the slow pace of transformation since apartheid ended in the early 1990s.

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/ 2 March 2005

Ngcuka to chair new V&A board

Prosecutor-turned-businessman Bulelani Ngcuka is to chair the new-look board of Cape Town’s V&A Waterfront Holdings Company. Derick van der Merwe, MD of subsidary Victoria and Alfred Waterfront, said the holdings board has been reshaped to reflect changes to the Transnet board last year.

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/ 2 March 2005

Fishermen left high and dry by new govt policy

A new draft fishing policy has failed to consider the plight of thousands of subsistence fishermen, a Western Cape body working with the poor said on Wednesday. ”I think it is a pie in the sky … It’s a myth that small scale fishermen will be given greater access rights,” said Naseedh Jaffer, director of the Masifundise organisation.

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/ 2 March 2005

Weak Ajax beaten in Cape Town

Ajax Cape Town paid the penalty for resting some of their experienced players when they were beaten 3-1 by Supersport United in a Premiership Soccer League match played at Newlands on Tuesday. Ajax opened the score in the sixth minute when Dominique Isaacs made good ground down the right and centred for Thembinkosi Fantini.

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/ 1 March 2005

NNP executive decides to disband

The federal executive of the New National Party, which ruled South Africa in the form of the apartheid National Party from 1948 to 1994, met in Johannesburg on Monday afternoon and took the unanimous decision to disband. The party opted to fall under the umbrella of the ruling African National Congress shortly after the national election in April last year.

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/ 1 March 2005

Mboweni bemoans state of Zimbabwe’s economy

Zimbabwe must sort out its political problems if it hopes to meet the Southern African Development Community’s (SADC) regional economic integration targets, Reserve Bank Governor Tito Mboweni warned on Monday. He was addressing journalists in Cape Town after a meeting between SADC central banks and representatives of the European Central Bank.

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/ 28 February 2005

De Klerk on the GNU, minorities and transformation

The National Party withdrew from the government of national unity (GNU) when the African National Congress refused to establish a consultative council to deal with minority concerns. This is according to former president FW de Klerk, who on Monday addressed the Cape Town Press Club on the role of minorities in post-1994 South Africa.

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/ 28 February 2005

SA’s top luxury train back on track

The world-famous Blue Train is back in full operation after one set of carriages was withdrawn in March 2003 because of fire damage, Spoornet said on Monday. ”The fire-detection system on the damaged train set has now been updated and improved with the latest technology,” Dorcas Ledwaba, manager of the Blue Train, said in a statement.

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/ 28 February 2005

Old Mutual BEE deal in ‘near future’

Old Mutual, South Africa’s largest insurer, will unveil details of its black economic empowerment (BEE) plans in the "near future", its CEO has confirmed. The group has been working on a transaction involving the sale of a 10% stake in its South African operations, as well as Nedcor and Mutual & Federal, to black empowerment partners.

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/ 26 February 2005

Wandering hippo to start own family

The young male hippo that made headlines last year after escaping from a nature reserve in Cape Town will soon start his own herd, City Parks and Nature Conservation said on Saturday. The hippo escaped from the Rondevlei Nature Reserve and took up residence in Zeekoevlei for several months until he was recaptured in December.

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/ 26 February 2005

Easy win for Stormers

The Stormers made easy meat of the Sharks as they notched up a 26-12 victory in their opening Super 12 match at Newlands on Friday night. Neil de Kock’s side should have led by considerably more than an eight-point margin at the interval, but were left to reflect on a number of missed opportunities through unforced errors and over-elaboration.

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/ 25 February 2005

Mbeki pays tribute to Oom Ray

President Thabo Mbeki has paid special tribute to African National Congress stalwart Raymond Mhlaba, who died at the age of 85 last Sunday, calling him one of South Africa’s foremost leaders and ”midwife of our democracy”. Mbeki devoted his weekly column on Friday in the ANC’s online publication, ANC Today, to Mhlaba’s memory.

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/ 25 February 2005

Tony Leon: ANC is targeting Afrikaans schools

The African National Congress and the Presidency are singling out Afrikaans single-medium schools for interference, harassment and demonisation, says Democratic Alliance leader Tony Leon. He condemned the Western Cape education minister for trying to compel an Afrikaans-medium primary school to create a special English-medium class.

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/ 24 February 2005

Three points for Ajax

Ajax Cape Town gained three points with a 2-1 local derby win against Santos at Athlone Stadium on Wednesday night, but the general feeling afterwards was that it was an undeserving victory. Ajax can thank their reserve goalkeeper, Andre Petim — their regular ‘keeper, Moeneeb Josephs, is suspended — as he brought off several excellent saves.

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/ 24 February 2005

Stormers, Sharks play mind games

It’s been a week of typical mind games as the Stormers and Sharks gear up for Friday night’s Super 12 match between the sides at Newlands. Sharks coach Kevin Putt named a team without Springbok captain John Smit at hooker, while utility forward AJ Venter is not even in the 22-man squad.

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/ 23 February 2005

SA saving rate among lowest in the world

South Africa’s savings rate is among the lowest in the world, according to the Budget Review, tabled by Finance Minister Trevor Manuel on Wednesday.The document says savings in the country dropped from 16,2% of gross domestic product (GDP) in the third quarter of 2003, to 14,7% of GDP in the third quarter of 2004.

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/ 23 February 2005

Smokers to cough up an extra R620-million

Smokers will be coughing up R620-million in additional revenue for the fiscus during the 2005/06 financial year, thanks to an increase in excise duties. Presenting his Budget in Parliament on Wednesday, Finance Minister Trevor Manuel said excise duties on tobacco products would be increased by between 7,5 and 14,9%, with immediate effect.

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/ 23 February 2005

Manuel announces alcohol duty increases

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>Excise duties on alcoholic beverages have been increased by between 9,4% and 20% as part of the government’s 2005/06 Budget, according to Minister of Finance Trevor Manuel. Excise duty on unfortified wine and sparkling wine will see the largest increases (20% each on a nominal basis, 15,8% real).

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/ 23 February 2005

Old-age grants to rise to R780 a month

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>The maximum old age, disability and care dependency grants will rise by R40 to R780 a month from April 2005, Minister of Finance Trevor Manuel announced on Wednesday. In his national Budget speech he said that foster-care grants will be increased by R30 to R560 and the child-support grant goes up by R10 to R180 a month.

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/ 23 February 2005

Manuel grants personal tax relief of R6,8bn

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>Minister of Finance Trevor Manuel has unveiled reductions in personal income tax totalling R6,8-billion for the 2005/06 financial year as part of the government’s 2005 Budget. Outlining Budget proposals in Parliament on Wednesday, Manuel said the reductions will benefit taxpayers across all income brackets.

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/ 23 February 2005

Manuel gives green light to pebble bed

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>Eskom Holding’s planned pilot pebble-bed modular reactor got the government green light in Wednesday’s national Budget. Minister of Finance Trevor Manuel said infrastructure spending by public enterprises is expected to grow strongly over the years ahead, "complemented by rising spending on public assets through public-private partnerships of various kinds".

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/ 23 February 2005

Budget rings in ‘season of hope’

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>Hailing the Grammy Award for Ladysmith Black Mambazo and the Golden Bear award for <i>uCarmen eKhayelisha</i>, Minister of Finance Trevor Manuel said on Wednesday in his 2005/06 Budget Speech that it is entirely fitting that the new season of hope and rising confidence of the nation should be proclaimed in music and in theatre.

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/ 23 February 2005

Govt lowers taxes on small companies

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>As part of its broader initiative to encourage and support small-business development, the South African government has granted further income tax relief for the sector in the 2005 Budget, as well as extending the category of eligible small businesses to include personal services and manufacturing.

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/ 22 February 2005

Fight against crime pays off in Gauteng

Gauteng is becoming the safest province in the country, figures from the provincial government and some independent organisations have confirmed, the South African government news agency said on Wednesday. Gauteng community safety minister Firoz Cachalia attributed all this to the increased number of police officers in the province.