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/ 30 April 2008

Economists warn of tough times ahead

The increase in the retail price of petrol by 55 cents per litre will result in a ”period of anguish” for South African households, an economist said on Wednesday. Absa economist Chris Hart said the increase would cause food prices to rise and fuel inflation. Hart said the country was expecting a hike in electricity prices as well as an increase in the rate of taxes.

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/ 30 April 2008

Water contamination cited in E Cape child deaths

Water contamination was a factor in the death of nearly 80 babies in the Eastern Cape, the provincial government said on Wednesday. An interim report acknowledged that a ”multiplicity of causes”, including ”systematic failures affecting water quality”, were to blame for the deaths of the babies, said the provincial government in a statement.

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/ 30 April 2008

Nationwide under provisional liquidation

Nationwide Airlines has been placed under provisional liquidation, an attorney for the company said on Wednesday. "We applied yesterday [Tuesday] at 3pm and were placed under provisional liquidation," said Haroon Maher. On Tuesday passengers were stranded when the airline announced that it had ceased operations due to cash-flow problems.

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/ 30 April 2008

SA trade deficit narrows

South Africa’s trade deficit narrowed to R5,03-billion in March from February’s figure of R5,8-billion, the South African Revenue Service (Sars) said on Wednesday. ”March exports of R51,15-billion and imports of R56,18-billion resulted in a deficit of R5,03-billion,” Sars said.

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/ 30 April 2008

Minister not in contempt of court, says govt

Social Development Minister Zola Skweyiya was not in contempt of court and was respecting a high court ruling for social grants to be given to applicants with alternative forms of identification, his department said on Wednesday. The Department of Social Development said Skweyiya was in the process of implementing the court’s decision.

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/ 30 April 2008

Fifth West Rand miner dies

One of the three mine workers injured during a ground fall at Driefontein mine on Tuesday has died, bringing the death toll from recent mining accidents on the West Rand to five, a Gold Fields spokesperson said on Wednesday. Andrew Davidson said the worker had been taken to a hospital in Carletonville to be stabilised, and was then transferred to the Krugersdorp Hospital, but later died.

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/ 30 April 2008

Baby Brumbies set sights on victory

Australia’s Brumbies will not to be sidetracked by history or the widely acclaimed Stormers injuries in the run-up to Saturday’s make-or-break Super 14 clash at Newlands. The history books will show that the last time the Brumbies lost at Newlands was in 1998, and apart from one draw in 2006, they’ve always defeated the Stormers in the Mother City in a decade of clashes.

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/ 30 April 2008

Santana faces hectic send-off in Brazil

New Bafana Bafana coach Joel Santana may have started packing his bags in Rio de Janeiro to embark on his controversial appointment as the new Bafana Bafana coach in place of compatriot Carlos Alberto Parreira early next month — but he will have a mountain on his mind as steep as the famed Sugar Loaf before he leaves Brazil en route to South Africa.

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/ 30 April 2008

Petrol, diesel prices to jump in May

South African petrol pump prices and wholesale diesel prices will rise sharply next week, the government said on Wednesday, adding to inflationary pressures. The Department of Minerals and Energy Affairs said all grades of petrol would on May 7 rise by 55 cents, or 6,2%, to R9,46 a litre in Gauteng.

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/ 30 April 2008

Zim army backs militants in poll violence

Zimbabwe’s army is supplying militants with weapons to intimidate voters to ensure that Robert Mugabe wins a possible run-off in the presidential election, Human Rights Watch said. In a statement released late on Tuesday, it said military forces had equipped war veterans with weapons and trucks to scare Zimbabweans into backing Mugabe.

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/ 30 April 2008

Credit growth jumps, ups rate hike chance

South African private sector credit growth jumped to 22,62% year-on-year in March, knocking expectations of a slowdown in spending and hardening the case for more interest rates increases. Central bank data on Wednesday showed growth in demand for credit leapt from 20,79% in February, while M3 money supply growth edged higher to 21%.

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/ 30 April 2008

SA to lift ban on elephant culling

South Africa’s 13-year moratorium on elephant culling was set to be lifted on Thursday to combat a surge in population numbers, despite an outcry from animal rights activists. The South African government earlier this year authorised the culling of elephants from May 1 as a last resort in limiting the numbers of the African elephant.

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/ 30 April 2008

JSE weak in quiet trade, miners weigh

South African stocks were weaker at noon on Wednesday with miners under pressure on retreating metal prices, but the session was quiet as most traders are still away on a long weekend break. At noon, the JSE’s broader all-share index was down 0,46%, with the gold and platinum mining indices down 1,47% and 1,65% respectively.

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/ 29 April 2008

Lions, hot air, awe: Ballooning takes off in SA

Hovering above a pride of white lions in a hot air balloon was the defining moment of Briton Chris Sanger-Davies’s first trip to South Africa. ”You realise that you are flying over countryside that has the kind of wildlife in it, that if you landed there, you would be stuffed,” the pilot said as he attended the South African Hot Air Balloon Championships.

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/ 29 April 2008

DA wants answers on PPI overhaul

Statistics South Africa should appear before the finance portfolio committee to explain alleged unreliability in the Producer Price Index (PPI), said the Democratic Alliance (DA) on Tuesday. ”Reliable official data is essential to policy-making,” said DA finance spokesperson Kobus Marais.

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/ 29 April 2008

Mboweni sounds inflation warning

High food and fuel costs in South Africa have spilled over into second-round inflationary effects that have to be tackled, Reserve Bank Governor Tito Mboweni said on Tuesday. He also, again, warned in an interview with CNBC Africa that an excessive increase in electricity prices will have serious consequences for inflation.

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/ 29 April 2008

Plug SA’s porous borders, says DA

South Africa’s international land borders are as porous as the proverbial sieve, with tens of thousands of refugees streaming into the country each week, alongside gun-smugglers and drug-traffickers, says the Democratic Alliance (DA). The party called for the deployment of South African National Defence Force troops to the worst-affected border regions,

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/ 29 April 2008

East Cape murderer compares himself to Jesus

A murderer who was sentenced to life in jail on Tuesday told the Grahamstown High Court he could be nailed ”to the cross so I can die for the sins of others”. Roro Mntwaphi (41) made the remark before Judge Johan Froneman sentenced him and Mbulelo Kula (25) for the murder of Stephanus Williams (60) on May 8 2007.

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/ 29 April 2008

Media tribunal ‘unconstitutional’

A statutory media tribunal would not only be unconstitutional but it would not solve the plethora of problems in the industry, a discussion group concluded on Tuesday. Jane Duncan from the Freedom of Expression Institute said the proposed body would obviously be unconstitutional, and would not fly.