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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.

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/ 29 April 2008

JSE lower, Anglo, firm rand weigh

The JSE was weaker in quiet trade at midday, weighed down by a firmer rand, lower metal prices and what was described as a disappointing production report from Anglo American. South African markets were closed on Monday for a holiday and are also closed on Thursday and Friday this week, with many players away for the two days in between.

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/ 29 April 2008

Anglo Platinum: Power problems affect production

Electricity-supply constraints experienced at Anglo Platinum mines in January and February affected production, the company said on Tuesday. In its quarterly review report for the period January 1 2008 to March 31 2008, the company said that the ”ongoing impact of the constrained electricity supply is expected to continue to have some impact on production”.

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/ 29 April 2008

Power restored to Kempton Park

Power was restored to Kempton Park on Gauteng’s East Rand at about 3.30am on Tuesday after just under seven days of darkness, the Ekurhuleni municipality said. Spokesperson Zweli Dlamini said an investigation into the cause of the power failure was under way.

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/ 29 April 2008

Telkom implements 010 area code in Johannesburg

Telkom has introduced a second area code for Johannesburg, which will operate alongside the existing 011 code. "Following an announcement of a move to the mandatory 10-digit dialling, Telkom has recently been allocated … the first batch of numbers in the 010 area code for use within the same geographic boundary as the existing 011 code," Telkom said on Tuesday.

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/ 29 April 2008

Waterkloof Four take battle to high court

The so-called Waterkloof Four turn to the Pretoria High Court on Tuesday to ask it to overturn the effective 12-year prison sentence they were given for beating a homeless man to death and assaulting another man. The four will ask the high court to set aside both the guilty verdict of the lower court and the sentence.

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/ 28 April 2008

DA questions dearth of EIA officials

About one third of posts for environmental impact assessment (EIA) officials are vacant, the Democratic Alliance said on Monday. DA spokesperson on the environment Rika Kruger said 37% of all posts in the directorate were vacant, while 25% of the managerial positions were also vacant.

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/ 28 April 2008

DA says Khampepe report to be released on May 5

The full Khampepe commission report will be gazetted on May 5, the official opposition Democratic Alliance (DA) said on Monday. DA leader Helen Zille said the presidency had written to the DA to inform it of the move. Zille said the report was a crucial source of information during the legislative process to decide on the future of the unit.

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/ 27 April 2008

Two men shot at Rivonia News Café

Two men were injured when an unidentified man shot at them in a News Café on Rivonia Boulevard in Johannesburg on Sunday, paramedics said. ”A man was found lying on the floor by the door at News Café around 6pm. He had a gunshot wounds on both his legs, his head, chest and arm,” said spokesperson Werner Vermaak.

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/ 27 April 2008

Tutu urges leaders to miss Olympic Games opening

Archbishop Desmond Tutu urged world leaders on Sunday to stay away from the opening ceremony of the Beijing Olympics in August. South Africa’s Nobel Peace Prize laureate lit a ”Tibetan” Olympic torch, which was kindled in Delhi on January 30 and will travel to cities on five continents before arriving in May back in Dharamsala, India.