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/ 29 November 2007
After being sharply firmer earlier in Thursday, weaker local producer price index (PPI) data forced the JSE to pull back at midday, even though world markets were firm. The JSE had been up as much as 533 points during the day, but by midday, it was only 337 points in the black.
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/ 29 November 2007
Growth in demand for credit from South Africa’s private sector eased marginally to 22,27% year-on-year in October, but remained high, keeping up pressure on the central bank to raise interest rates again. Central bank data showed on Thursday credit growth slowed from 22,46% in September, while annualised M3 money supply was down at 23,39% from 24,94%.
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/ 29 November 2007
African gold producer Randgold Resources priced its offering of six million shares at ,25 per share on Thursday, resulting in gross proceeds of ,5-million. The offering price represents a 3,2% discount to the closing price of Randgold’s United States listed shares on Wednesday of ,42.
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/ 29 November 2007
Two men are expected to appear in the Scottburgh Magistrate’s Court on Thursday in connection with the murder of a former Austrian footballer on the KwaZulu-Natal south coast. Police spokesperson Superintendent Zandra Hechter said three men had been taken into custody — one of whom was arrested on Saturday for being in possession of an unlicensed firearm.
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/ 29 November 2007
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Jacob Zuma and his lawyer Michael Hulley are claiming in papers filed with the Constitutional Court on Wednesday that search-and-seizure raids by the Scorpions invaded their constitutional right to privacy, and dignity.
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/ 28 November 2007
A ferry boat carrying more than 70 people capsized on Roodeplaat Dam, north of Pretoria, on Wednesday afternoon, Tshwane emergency services said. Spokesperson Johan Pieterse said one passenger suffered a serious leg laceration and was taken to hospital. However, there were conflicting reports on the number of injured.
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/ 28 November 2007
Health Minister Manto Tshabalala-Msimang said on Wednesday that further investigation into the outbreak of klebsiella at a Durban hospital, where five babies died, was needed. In a statement, the minister said she had been briefed by the management of the Prince Mshiyeni Memorial Hospital on the outbreak.
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/ 28 November 2007
A ferry boat carrying 74 people capsized on Roodeplaat Dam on Wednesday afternoon, Tshwane emergency services (EMS) said. EMS spokesperson Johan Pieterse said one passenger suffered a serious leg laceration and was taken to hospital. He said the Pisces capsized and overturned at about 2.45pm.
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/ 28 November 2007
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African National Congress deputy president Jacob Zuma on Wednesday applied to the Constitutional Court for permission to challenge aspects of the investigation against him by the national director of public prosecution (NDPP). Zuma plans to challenge the issuing of a letter of request secured by the NDPP to get documents from Mauritius.
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/ 28 November 2007
Despite police warnings that he had no obligation to say anything about a fire he had allegedly started on the slopes of Table Mountain, British national Anthony Cooper told the flying squad it had been an accident, the Cape Town Regional Court heard on Wednesday.
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/ 28 November 2007
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The names of all the candidates for the African National Congress’s (ANC) national executive committee will be released in a week, the party’s electoral commission said on Wednesday. ”A final list of candidates will be released in about one week,” the electoral commission said in statement.
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/ 28 November 2007
New Zealand coach John Bracewell believes his team can take heart from the way they pushed South Africa until the last over in the Pro20 match last Friday and the first MTN one-day international (ODI) in Durban on Sunday. South Africa won the Pro20 with a ball to spare and the ODI off the last ball of the match.
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/ 28 November 2007
A plant found only in the Eastern Cape has been hailed as a new miracle cure for diabetes, the Herald Online reported on Wednesday. Researchers said ”astounding results” had been obtained from the effect of extracts of the Karoo plant Sutherlandia Frutescens in stabilising blood sugar in diabetes one and two.
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/ 28 November 2007
The R98,7-million penalty imposed on Tiger Brands was too lenient, the Congress of South African Trade Unions said on Wednesday at a Competition Tribunal hearing in Pretoria. ”Bread in particular is a diet of the poorest and it is appalling that people should enrich themselves by robbing the poor,” it said.
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/ 28 November 2007
Makhaya Ntini remains the undisputed champion of the people after he was voted South Africa’s most popular sportsman for 2007. In a poll undertaken by BMI Sport Info, Ntini emerged at the top of the list, ahead of Bafana Bafana and Blackburn Rovers striker Benni McCarthy and world Cup-winning Springbok wing Bryan Habana.
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/ 28 November 2007
Hip-hop MC and TV presenter Ashley Titus (36) — better known as Mr Fat — died on Wednesday morning in Cape Town’s Groote Schuur Hospital of natural causes, the pay-TV music channel MK said. In the 1990s, Titus shot to fame as MC with Cape Flats hip-hop sensation Brasse vannie Kaap.
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/ 28 November 2007
A Western Cape taxi driver was arrested at a roadblock in Wynberg on Wednesday for R20 000 in unpaid fines, said police. Captain Randall Stoffels said another four taxi drivers abandoned their vehicles and ran away when they saw the roadblock in Ottery Road.
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/ 28 November 2007
A sacked Transnet human resources manager who took her case all the way to the Constitutional Court will have to start again by seeking arbitration, the court ruled on Wednesday. Petronella Chirwa worked as a human resources manager for the Transnet pension-fund business unit.
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/ 28 November 2007
The South African National Defence Force Union on Wednesday threatened to lay a criminal charge against Defence Minister Mosiuoa Lekota for contravening the Occupational Health and Safety Act. The union also wants the Labour Department to take action against the South African National Defence Force for non-compliance with health and safety legislation.
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/ 28 November 2007
Oprah Winfrey has met with the family of the first pupil to complain of abuse at her elite school for disadvantaged South African girls, and invited the girl to return to the academy. The United States magazine People quoted the father of the pupil as saying they met for two hours with Winfrey on Sunday.
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/ 28 November 2007
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The African National Congress Youth League (ANCYL) will not ask President Thabo Mbeki to step down as a nominee for the top leadership position in the ruling party. ”We have got no right to ask anybody who has been nominated to step down. It’s undemocratic,” ANCYL president Fikile Mbalula said in Johannesburg on Wednesday.
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/ 28 November 2007
Former spy boss Billy Masetlha was on Wednesday found not to have contravened the Intelligence Oversight Act by the Hatfield Community Court in Pretoria. His acquittal on charges of withholding information from Inspector General of Intelligence Zolile Ngcakani was greeted by loud applause from the public gallery.
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/ 28 November 2007
South African Tourism says that tourism has grown steadily every year since the introduction of the Tourism Growth Strategy in 2002. Chief operating officer Didi Moyle said on Wednesday, in presenting research findings from 2002 to 2006, that there were 35,4-million foreign arrivals in South Africa over the period.
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/ 28 November 2007
The Johannesburg city council is investigating the deaths of about 200 ducks at Zoo Lake in Parkview, spokesperson Nthatise Modingoane said on Wednesday. He said the ducks had died sometime last week and that two possible causes were being investigated. These were hail and botulism bacteria, which kill fauna.
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/ 28 November 2007
Last season Ajax Cape Town beat Mamelodi Sundowns four times under the guidance of Muhsin Ertugral, who also led the young Cape team to an emphatic victory in the Absa Cup, beating none other than Sundowns in the final. This Saturday Ertugral’s Kaizer Chiefs take on Sundowns in the final of the Telkom Knockout Cup.
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/ 28 November 2007
A makeshift Bafana Bafana side put five goals past a hapless Lesotho in a one-sided training match at the Germiston Stadium on Tuesday evening. Ajax Cape Town striker Thembinkosi Fanteni led the way with a brace, while Orlando Pirates’ Lebohang Mokoena, Santos’ Thando Mngomeni and SuperSport United’s Katlego Mphela netted a goal each.
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/ 28 November 2007
Former South Africa batsman Gary Kirsten said on Tuesday he has been offered the job as India coach. ”They have offered me the job,” Kirsten said from Delhi. ”I asked them for some time to consider it and they were very obliging, but it’s an extremely exciting prospect and, provided a few details can be worked out, I’m looking forward to the challenge,” he said.
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/ 28 November 2007
The JSE was down sharply by midday on Wednesday, led by an intense pull back by mining stocks on the JSE. Mining stocks retreated, along with resources, as a fall in commodity prices burdened stocks. At noon, the JSE’s all-share index lost 1,48%. The platinum mining index dropped 3,32%, and the gold mining index fell 2,57%.
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/ 28 November 2007
A 24-year-old Gauteng woman was found buried in a shallow grave 54m from her boyfiend’s KwaZulu-Natal home on Tuesday afternoon, police said on Wednesday. Police spokesperson Captain Jabulani Mdletshe the grave was found at the Qakwini Reserve in Mtubatuba in northern KwaZulu-Natal.
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/ 28 November 2007
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A constitutional crisis. Instability. Business as usual. Disillusionment. The jury was out on South Africa’s immediate political future at the Mail & Guardian‘s Critical Thinking Forum held in Johannesburg on Tuesday evening. Will the African National Congress’s Polokwane conference bring popular change or business as usual?
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/ 28 November 2007
South African fixed-line operator Telkom’s shares plummeted more than 10% in early trade on Tuesday on news that the negotiations it was in with cellphone operator MTN had terminated. In September, Telkom released a cautionary announcement advising shareholders that it had entered into discussions with Vodafone and MTN.
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/ 28 November 2007
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Prominent businessman Tokyo Sexwale, seen as a possible African National Congress presidential candidate, said on Wednesday Jacob Zuma was likely to win the contest to lead the ruling party. He also denied in a radio interview media reports that he had offered to fund Zuma’s campaign.