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/ 27 January 2005

Lennit Max withdraws application against ID

Suspended Independent Democrats Western Cape legislature member and former Western Cape leader Lennit Max has withdrawn his application against his suspension and upcoming disciplinary hearing by Patricia de Lille’s party. The announcement was made by De Lille on the steps of the High Court in Cape Town to a cry of joy from about 40 supporters.

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/ 27 January 2005

Swallows fly high against Ajax

Ajax Cape Town goalkeeper Molep Joseph had to watch his team go down 2-1 in a Premier Soccer League game at Newlands on Wednesday night. The South African Football Association had slapped an indefinite suspension on him because he tested positive for the banned substance salbutanol after failing a drug test on January 11.

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/ 27 January 2005

Court gives reasons for Gold Fields ruling

Mining group Harmony was in a position last year to ”materially influence” key strategy of hostile takeover target Gold Fields, the Competition Appeal Court has found. Judge Dennis Davis on Thursday gave the court’s reasons for its decision in November to interdict Harmony from exercising voting rights attached to shares it had acquired in Gold Fields.

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/ 26 January 2005

Travelgate: Eight MPs summonsed

Eight current and former MPs have been served with summonses for repayment of more than R1,3-million in travel claims. The eight are Mnyamazeli Booi, Bangilizwe Solo, Jabu Sosibo, Barbara Thompson, Makatse Maine, Patrick Maloyi, Pemmy Majodina and Buti Mkhaliphi. The summonses were served in Cape Town on Tuesday.

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/ 26 January 2005

BMW names new South Africa MD

BMW has announced that Wolfgang Stadler will succeed Ian Robertson as managing director of BMW South Africa on February 1 2005. As reported late last year, Robertson will be leaving South Africa to assume the post of chairperson and CEO of Rolls-Royce Motor Cars, in Goodwood in the United Kingdom.

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/ 26 January 2005

Earthlife wins nuke court case

The Cape High Court on Wednesday ruled in favour of environmental group Earthlife Africa when it set aside the Director General of the Department of Environmental Affairs and Tourism Dr Chippy Olver’s authorisation of construction of a pebble bed modular reactor.

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/ 26 January 2005

Travelgate: DA MP named

South Africa’s official opposition has welcomed the step taken by one of its backbench MPs, Craig Morkel, in taking voluntary suspension. ”[Morkel’s] attorneys were informed yesterday [Tuesday] that he is among the 40 MPs the Scorpions intend to prosecute,” Democratic Alliance chief whip Douglas Gibson said.

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/ 26 January 2005

Coronation announces BEE funding

Coronation Fund Managers (Coronation) has secured third-party funding for its broad-based black economic empowerment (BEE) staff transaction with the Imvula Trust, the group announced on Wednesday. Arising from the transaction, the company is proposing a distribution of 25 cents per Coronation share to shareholders.

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/ 26 January 2005

Sixteen of the best to race for Met honours

Sixteen of the best horses currently racing in South Africa go to the post just after 5pm on Saturday afternoon to contest the R1,5-million J&B Met at Kenilworth in Cape Town. As always, this is no ordinary race — it is an event that brings the Cape capital to a standstill for many locals and overseas visitors.

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/ 25 January 2005

Convergence Bill gets the nod

South Africa’s much-awaited Convergence Bill has been given the nod "in principle" for its submission to Parliament by the South African Cabinet, according to government spokesperson Joel Netshitenzhe. However, the Bill is unlikely to be tabled in Parliament for a while as it must still go through checks by state law advisers.

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/ 25 January 2005

Environment director general quits govt

Director General of Environmental Affairs and Tourism Chippy Olver is to quit at the end of February, the environment ministry announced in a statement on Tuesday. ”I guess his own feeling is he has been in government for the last 10 years and he wants a bit of fresh air,” departmental spokesperson JP Louw said.

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/ 24 January 2005

New Clicks changes pharmacy strategy

The new pharmacy operations of listed health and beauty retailer New Clicks Holdings continue to show a loss four months into the company’s 2005 financial year, with the government’s new dispensing-fee regulations eating into margins. This is leading the company to focus on rolling out pharmacy dispensaries in larger Clicks stores.

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/ 24 January 2005

New NPA chief ‘a disciplined revolutionary’

The African National Congress Youth League has welcomed the appointment of advocate Vusumzi ”Vusi” Pikoli as South Africa’s new National Director of Public Prosecutions — taking over from Bulelani Ngcuka. The youth league said: ”Vusi is a seasoned cadre of the movement, a former leader of the ANC Youth League, a disciplined revolutionary.”

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/ 24 January 2005

Investec to raise R522,5m via share issue

Johannesburg- and London-listed financial services group Investec plans to raise R522,5-million via the issue of five million new preference shares at an issue price of R104,5-million, the company announced on Monday. The preference share offering opens on Monday and closes on Friday February 11.

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/ 24 January 2005

Travelgate: Net tightens around MPs

Forty members of Parliament implicated in the travel voucher scandal will be informed from Monday that they will be prosecuted. National Prosecuting Authority spokesperson Sipho Ngwema would not say what political parties they belonged to, or whether the state would be demanding that they pay bail.

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/ 21 January 2005

Shareholders pave way for Metoz buyout

Shareholders of Australian-listed grocery and liquor wholesaler Metcash Trading have approved resolutions that will facilitate the group’s plans to buy the 60% stake in Metcash held by South African-listed holding group Metoz, Metcash confirmed on Friday. Metoz was previously known as Metro Cash and Carry or Metcash.

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/ 20 January 2005

Primary school takes education dept to court

A Cape Town primary school on Thursday lodged an application in the High Court challenging the Western Cape education department’s intention to send English-speaking students to the school, overriding the school governing body’s admission and language policy. According to the body’s chairperson, the matter has been brewing for the past three years.

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/ 20 January 2005

DA wants summit on crime against tourists

Minister of Environmental Affairs and Tourism Marthinus van Schalkwyk should break his silence on the escalating crime against tourists in Cape Town by calling a summit to address "this crisis" and raise its priority in the government’s Budget, the official opposition Democratic Alliance said on Thursday.

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/ 20 January 2005

De Lille under fire

As infighting continued to plague the Independent Democrats, a renewed call for a postponement of the party’s Western Cape congress was made on Wednesday. Senior office bearers, including chairpersons of nine ID branches in Cape Town’s metropolis, have signed a statement calling for the postponement due to the ”chaotic planning and absence of a fair process”.

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/ 20 January 2005

Rasool lays plans after Cape blaze

Shortcomings in the enforcement and the monitoring of fire control mechanisms, such as firebreaks in informal settlements, were acknowledged by the Western Cape government on Wednesday. This followed a devastating fire at Cape Town’s Joe Slovo settlement on Saturday which left 12 000 people homeless and caused the death of an infant.

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/ 19 January 2005

Cape Town gets ‘clean bill of health’

The government of the City of Cape Town has been given an unqualified audit report for the first time by Auditor General Shauket Fakie, for its financial year ended June 30 2004, Cape Town executive mayor Nomaindia Mfeketo announced on Wednesday. "It is with humility that I can announce a great achievement," Mfeketo said.

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/ 19 January 2005

Distell share price equals previous high

The share price of Distell South Africa’s largest listed wine and spirits producer, has gained 7,4% or R1,80 to reach its previous all-time high on Wednesday on the back of its bullish trading update, issued late on Tuesday. At 4.30pm, Distell shares were quoted on the JSE Securities Exchange at R26, up from R24,20 at Tuesday’s close.

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/ 19 January 2005

Rugby troubles bring game into ‘disrepute’

Rugby’s squabbling administrators have brought the game into disrepute, the chairperson of Parliament’s sport portfolio committee said on Wednesday. His comment, during a presentation by SA Rugby’s 2011 World Cup bid committee, came as the Democratic Alliance accused the minister of sport and recreation of ”taking sides” with his brother in the row.

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/ 18 January 2005

Mbeki doesn’t have to explain pardon

President Thabo Mbeki is not obliged to say why he decided to pardon convicted fraudster Allan Boesak, the Department of Justice and Constitutional Development said on Tuesday. The Democratic Alliance said on Tuesday it has written to both Mbeki and Minister of Justice and Constitutional Development Brigitte Mabandla, asking for full reasons.

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/ 18 January 2005

Pharmacies must not be ‘bullied’

Pharmacists will not be breaking the law should they not abide by the government’s dispensing-fee rule for medication, and have nothing to fear from threats by the Department of Health to prosecute those who do not adhere to the government’s regulations, says Anthony Norton, attorney for the Pharmaceutical Society of South Africa.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-National&ao=178127">Pharmacies charge ‘whatever they want'</a>