Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted 0,7%, supported by a 3,24% advance in the platinum-mining index. Resources collected 0,94% but the gold-mining index dipped 0,87%.
Tiger Brands chief executive Nick Dennis has advised the company's board of directors that he intended to take early retirement. He would also resign as a director of the company with effect from the conclusion of the annual general meeting of shareholders, scheduled for February 19 2008.
Tiger Consumer Brands, which owns Albany Bread, did not profit from the fixing of the price of bread, the company said on Tuesday. "The company did not benefit from the price-fixing. I don't know who did, but we did not," said spokesperson Jimmy Manyi.
In the last story of her series about children behind bars, Athandiwe Saba speaks to young men who have committed serious crimes and are now living behind the walls of the Mogale Child and Youth Care Centre