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/ 13 March 2008

Durban counts cost of devastating floods

Durban’s disaster-management team and city officials are busy calculating the cost of damage caused during a heavy downpour on Tuesday night that continued into the early hours of Wednesday. Two oil refineries, hospitals, courts, homes, shacks, railway lines, buildings and roads were affected by the overnight storm.

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/ 13 March 2008

Twenty rescued in Durban flash-floods

Search-and-rescue workers saved 20 people trapped in cars and homes by rising water in a heavy overnight downpour in Durban. ”We used a police boat to move many people away from the Island Hotel in Isipingo and we assisted several others who were stuck in cars due to rising flood water,” said Captain Troy Alison.

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/ 15 January 2008

Private healthcare tariffs under spotlight

The threat of prosecution at a high-powered meeting with Health Minister Manto Tshabalala-Msimang forced private hospital groups to commit to reconsidering their annual tariff increases last Friday, Business Report said on Tuesday. The Health Department warned hospital groups to comply with the law when charging for anaesthetic gases, or face prosecution.

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/ 10 January 2008

Manto to meet private hospitals over tariff hikes

Health Minister Manto Tshabalala-Msimang will meet heads of private hospital groups to discuss drastic hospital tariff increases, the Health Department said on Thursday. The meeting would take place on Friday to discuss the tariff increases from 8% to 33%, ”well above the general inflation rate”, said department spokesperson Charity Bhengu.

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/ 18 December 2007

JSE dips further into the red

The JSE was lower at midday on Tuesday, playing catch-up after the public holiday on Monday when there was weakness in global equity markets. By 12.04pm, the JSE’s all-share index had pulled back 2,38%. The gold mining index fell 3,31%, resources lost 3,21% and the platinum mining index gave up 3,16%.

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/ 19 November 2007

Netcare full-year headline earnings up 27%

Netcare, Africa’s largest private hospital group, increased full-year adjusted headline earnings per share by 27% to 61,8 cents and said on Monday it expected strong growth in its sector to continue. Netcare said total revenue from its South African and United Kingdom operations rose 66,8% to R18,61-billion for the year to end-September.