No image available
/ 25 October 2004

UDM wants Zuma to vacate office

General Bantu Holomisa’s United Democratic Movement says Deputy President Jacob Zuma should ”vacate” his position and thereafter he should be prosecuted. At the party’s national council in Pretoria at the weekend, the party passed a resolution noting the trial of Zuma’s business adviser Schabir Shaik.

No image available
/ 22 October 2004

Mbeki, DA racism spat continues

The spat between President Thabo Mbeki and the Democratic Alliance over his reply to a question in the National Assembly on Thursday continued on Friday, with both Mbeki and DA leader Tony Leon referring to the matter in their respective weekly newsletters.

No image available
/ 22 October 2004

Foreign chambers have confidence in SA

Foreign business chambers falling under the Bilateral Chamber Consultative Committee — an umbrella body representing 21 private-sector business groupings — have a high level of confidence in the South African economy. This was the message delivered on Friday to the National Assembly trade and industry committee.

No image available
/ 22 October 2004

Rand Water warns of drought to come

Below-normal rainfall is likely until February next year, Rand Water said on Friday. It said the Vaal Dam is 37% full. Under normal conditions, a 37% water level would not be a problem. The South African Weather Service, however, has warned that rainfall will be below average over the next four months.

No image available
/ 22 October 2004

Leigh Matthews accused to stay in prison

The man suspected of abducting and killing Johannesburg student Leigh Matthews will remain behind bars more than a month after his bail application was postponed indefinitely in the Wynberg Regional Court on Friday. The case itself was postponed to December 3. This follows the termination of the services of Donovan Moodley’s lawyer.

No image available
/ 22 October 2004

No word yet on salaries for Mbeki, MPs

The South African Presidency is not yet ready to make an announcement on the salary adjustments for judges and MPs, said President Thabo Mbeki’s spokesperson Bheki Khumalo on Friday. This comes amid speculation that the president will not accept the advice of a 7% increase recommended by the Moseneke Commission.

No image available
/ 21 October 2004

Leigh Matthews: Moodley’s lawyer withdraws

The lawyer representing the man accused of kidnapping and killing Johannesburg student Leigh Matthews has withdrawn from the case, the prosecution confirmed on Thursday. Randburg senior prosecutor Pieter Erasmus said he had received a fax from Louis Weinstein on Wednesday indicating that he had withdrawn from the case.

No image available
/ 21 October 2004

Jewellers criticised over conflict diamond trade

Almost two years after the diamond industry committed itself to preventing trade in conflict diamonds, retailers in the world’s biggest markets are failing to live up to their promise, according to two international NGOs. A new report is based on a survey of the diamond jewellery retail sector’s implementation of self-regulation in line with the Kimberley Process.

No image available
/ 21 October 2004

Small SA pharmacies ‘will soon be extinct’

Small retail pharmacies will soon be extinct in South Africa unless new regulations governing medicine pricing and dispensing margins are changed, according to the group leader of listed health and beauty retailer New Clicks Holdings, Trevor Honneysett. He also said the legislation has not succeeded in reducing medicine prices.

No image available
/ 21 October 2004

Clicks has faith in pharmacy model

Health and beauty retailer New Clicks Holdings is confident that its model for including pharmacy dispensaries and related health services across its Clicks chain of stores will prove profitable, even if the current regulations fixing dispensing fees and establishing single exit prices for medicines prove to be permanent.

No image available
/ 20 October 2004

Handicapped flyers threaten legal action

A group of handicapped South Africans has threatened legal action against a local airline for charging extra fees to passengers who need assistance boarding, an MP said on Wednesday. The South African-based Nationwide Airlines will answer to complaints of discrimination before the Equality Court, a Cape Town-based tribunal.

No image available
/ 20 October 2004

SA’s 3% employment growth not enough

South Africa’s employment rate has grown 3% over the past four quarters but that is not enough to halve unemployment by 2010, said economist Mike Schussler in Pretoria on Wednesday. Addressing journalists at a Solidarity union meeting, Schussler nevertheless painted a rosy picture of the South African economy.

No image available
/ 20 October 2004

Farmer tells of Boeremag bomb plot

Former Bela-Bela farmer Deon Crous told the Boeremag treason trial on Wednesday how he was brought in to drive rented cars — in which bombs were to be planted — from Johannesburg International airport. Crous also said he had built petrol bombs on the instructions of the accused Herman van Rooyen.

No image available
/ 20 October 2004

Stats SA promises more accurate GDP data

New data suggest economic activity has increased, but this may not translate directly into similar increases in the gross domestic product (GDP), Statistics South Africa (Stats SA) said in Pretoria on Wednesday. Criticised for large revision figures of final GDP results, Stats SA admitted they are not on par with global adjustments to such figures.

No image available
/ 20 October 2004

Absa lends a hand in BEE construction deal

Absa Corporate and Merchant Bank, corporate advisers to Matlapeng Strategic Investments, has assisted with the acquisition of a 25% shareholding in the share capital of Raubex Construction. The transaction, which was closed on October 2, gives Matlapeng the opportunity to expand on Raubex’s national presence in the civil construction industry.