No image available
/ 18 January 2005

SABMiller gives positive trading update

The share price of SABMiller plc, one of the world’s largest brewers, has reacted positively to the group’s trading update, gaining 1,45% or R1,35 in early trade on Tuesday on the back of evidence of continued strong growth in the brewer’s beer volumes. At 10.30am, SABMiller was quoted on the JSE Securities Exchange at R97,65.

No image available
/ 17 January 2005

US wants resolution of African debt

The United States wants to resolve the issue of the debt burden that is crippling the growth of many African countries, British Chancellor of the Exchequer Gordon Brown said on Monday. He was addressing journalists in Cape Town, where he is attending a Commission for Africa meeting. Progress in this area, he said, is possible in the next few months.

No image available
/ 17 January 2005

SA to lay business foundations in the Middle East

South African businessmen aim to create a ”beachhead of influence” in the Middle East during a three day black economic empowerment visit to Israel next week. An initiative of South Africa’s Ambassador to Israel Fumanekile Gqiba and supported by the South African Israel Chamber of Commerce, the visit followed that of an Israeli delegation to South Africa last year.

No image available
/ 17 January 2005

Canada cancels Madagascar debt

The government of Canada has cancelled $21-million in debt owed to Canada by Madagascar under the Canadian Debt Initiative. Canada has also announced $42-million in increased funding to support the Global Polio Eradication Initiative, according to Paul Boothe, the G8 personal representative for Canada.

No image available
/ 17 January 2005

New Clicks turnover up 25%

Health and beauty retailer New Clicks has increased its turnover from continuing operations by 25% in the four months from September 1 to December 31 2004, versus the previous year, aided by the inclusion of pharmacy operations compared with the year-earlier period. Group sales totalled R2,97-billion for the four months.

No image available
/ 16 January 2005

Cape works to shelter homeless after fire

Temporary shelter and relieve was being arranged on Saturday night for about 8 000 people left homeless after a fire razed about 1 500 shelters in the Joe Slovo informal settlement and parts of Langa. An unnamed infant perished in Saturday’s fire and several people were injured in the conflagration.

No image available
/ 15 January 2005

Runaway fires sweep through Langa

An unidentified infant died on Saturday as runaway fires swept through several informal settlement zones in Langa outside Cape Town. Emergency services spokesperson Johann Minnie said 8 000 people were affected when flames ravaged zones 30, 24, 25, 26, 27, 18 and 32. Seven people, including two children, were seriously injured.

No image available
/ 15 January 2005

Stranded roller-coaster riders rescued

Emergency personnel rescued 16 people stranded on a roller coaster that malfunctioned on Friday afternoon at the Ratanga Junction entertainment complex outside Cape Town. Internal investigations are under way after the fun-park ride turned sour — a mechanical failure resulting in the 16 being stuck at the highest point of the ride.

No image available
/ 15 January 2005

Consol returns to JSE

Glass-packaging manufacturer Consol, which is being unbundled from industrial giant AVI, will be making its reappearance on the JSE Securities Exchange (JSE) on February 28 after an absence of seven years, it emerged on Friday. With a total turnover of about R2,1-billion rand, Consol is South Africa’s largest glassmaker.

No image available
/ 14 January 2005

‘Africans will not be robbed of rights’

The people of Africa are making it clear that they are no longer willing to be robbed of their right to peace, democracy and development, writes President Thabo Mbeki in his weekly letter. Meanwhile, Democratic Alliance leader Tony Leon wrote in his letter on Friday that the Middle East seems a more hopeful place than when he last visited in 2002.

No image available
/ 14 January 2005

Health authorities fear measles epidemic

As the new school year gets under way next week, Western Cape health authorities warned on Friday of a measles epidemic in Cape Town if children are not immunised against the highly infectious disease. A measles outbreak was detected in Cape Town’s Fish Hoek and Sun Valley, with Gauteng and Kwazulu-Natal already experiencing epidemics.

No image available
/ 14 January 2005

Massive Cape fire under control, for now

A gale-force south-easter, blowing at more than 50kph on Friday and predicted to continue over the weekend, threatened to cause flare-ups on the fire-ravaged Table Mountain area above Muizenberg on Friday. Since Thursday, an area from Boyes Drive to Steenberg, Swanswyk and further had been affected by the runaway fire.

No image available
/ 14 January 2005

DA calls for audit into matric exams

The Democratic Alliance on Thursday called for an independent forensic audit into the Mpumalanga matric examinations. The party’s education spokesperson Helen Zille said it was clear that the existing statutory oversight mechanisms were not able to satisfy the public that the examinations were not conducted with integrity.

No image available
/ 13 January 2005

Red Cross needs aid for KZN flood victims

The Red Cross has appealed to the public for food and clothing donations for victims of the recent flooding in KwaZulu-Natal, where some people began receiving assistance on Thursday. "Some dramas, like the recent floods in KwaZulu-Natal, are right on our doorstep," said provincial Red Cross manager Derick Naidoo.

No image available
/ 13 January 2005

Edcon jumps 2% after trading update

The share price of South African clothing retailer Edcon rose by 2% or R5,50 in early trade on Thursday after the group reiterated that it expects its headline earnings per share for the year to the end of March 2005 to be 60% higher than those of the previous year. Edcon also reported a 24% rise in sales and a 26% rise in gross profit for the 13 weeks to January 1.

No image available
/ 12 January 2005

‘Ramos should explain Spoornet situation’

South Africa’s opposition Democratic Alliance has called for Transnet CEO Maria Ramos to break her silence surrounding the sudden resignation of Spoornet CEO Dolly Mokgatle. Railway group Spoornet is a subsidiary of government-owned transport group Transnet.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-Business&a=12&o=195046">Spoornet CEO quits</a>

No image available
/ 12 January 2005

Cape Town crooks seem spoilt for choice

One of the reasons for an increase in the number of vehicles being hijacked in and around Cape Town is residents are buying more cars, and so the hijackers have more to choose from, according to Safety and Security Minister Charles Nqakula. Hijackers from Gauteng had also moved their activities south, and Capetonians were unaware of the strategies they used ”and easily fall prey”.

No image available
/ 12 January 2005

Western Cape drought: 6 000 families affected

The human aspect of drought would be described to President Thabo Mbeki and Western Cape premier Ebrahim Rasool in a bid to have affected parts of the province re-declared as disaster areas. This was according to Dr Pieter van Rooyen, chairperson of an inter-departmental task team set up to report into the social aspects of the drought.

No image available
/ 10 January 2005

ANC defends ‘judge-bashing’

The policy statement issued at the weekend by the African National Congress neither threatened nor attacked white judges, the party said on Monday. "It is instead an honest assessment of the state of transformation within the judiciary, consistent with … the requirements of the Constitution," the ANC said in a statement.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=BreakingNews-National&ao=177656">DA slams ANC’s ‘judge-bashing'</a>

No image available
/ 10 January 2005

DA slams ANC’s ‘judge-bashing’

The African National Congress’s ”judge-bashing” could be a bid to intimidate the Constitutional Court ahead of the medicine-pricing hearing, the Democratic Alliance said on Sunday. DA justice spokesperson Sheila Camerer said there is a ”strong suspicion” that this is the case. ”This is completely out of line,” she said.

No image available
/ 8 January 2005

Arms deal ‘smells of corruption’

South Africa’s official opposition Democratic Alliance has called for a judicial commission headed by a respected judge to probe "the serious questions" that continue to hang over Auditor General Shauket Fakie and President Thabo Mbeki involving South Africa’s arms deal, following press reports of a "cover-up" and alteration of an official arms deal report.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?cg=Insight-National&ao=177542">Arms report sanitised</a>

No image available
/ 7 January 2005

Leon hits out at Mbeki’s ‘mixed messages’

South Africa has many reasons to feel optimistic about 2005, with the economy gaining momentum, society becoming more unified and the country’s politics "returning to open dialogue", says Democratic Alliance leader Tony Leon. "However, South Africans at home and abroad have received mixed messages from President Thabo Mbeki."

No image available
/ 7 January 2005

No more action against graffiti racist

The Western Province Cricket Association (WPCA) is not considering a civil claim against the English cricket fan who scrawled swastikas and racist graffiti on seats at Newlands. ”The less we have to do with this person the better,” WPCA president Norman Arendse said on Thursday after Matthew Weller was fined R4 000 or six months in jail.

No image available
/ 6 January 2005

Briton apologises for racist graffiti

In a letter of apology on Thursday to the Western Province Cricket Association, an English fan arrested for scribbling racist graffiti at the Newlands cricket ground said he regrets his actions and promised never to do it again. The racist graffiti cost Newlands cricket authorities more than R15 000 to remove.