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/ 7 November 2007

Business confidence dips in October

After bouncing back to 98,7 in October, the SACCI Business Confidence Index (BCI) dipped to 96,9 in October, which is its lowest level since June 2004. The South African Chamber of Commerce and Industry said that businesses were becoming concerned about international economic developments as well as local adjustments.

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/ 7 November 2007

Mvela in new talks that may affect shares

South African investment firm Mvelaphanda Group (Mvela) said on Wednesday that it was in talks that may affect its share price if successfully concluded, sending its stock price higher. Mvela said the cautionary was not related to the deal in which the firm said it had agreed with fund management group Allan Gray to buy up to 30% of Johnnic Communications’ media unit.

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/ 7 November 2007

Sports minister says ‘quotas are out’

Sports and Recreation Minister Makhenkesi Stofile ruled out racial quotas for national teams on Tuesday after the mainly white Springboks’ recent victory in the Rugby World Cup reignited the debate over transformation. ”Quotas are out,” Stofile told a parliamentary sports committee. ”Let us put our resources into the development of talent.”

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/ 7 November 2007

JSE slightly higher on miners

The JSE was a touch higher at midday on Wednesday, lifted by miners on soaring metal prices, but weaker overseas markets and the stronger rand dampened the overall mood. At noon, the all-share index was up just 0,12% higher, thanks to a 2,31% and 1,70% gains by the gold and platinum mining indices.

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/ 7 November 2007

Govt takes aim at mine managers

South Africa plans to extend its crackdown on mine safety and may prosecute mine managers if fatal accidents are caused by negligence. ”I don’t think the mine managers are doing enough to ensure the safety of workers,” said Sandile Nogxina, director general of the Department of Minerals and Energy Affairs.

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/ 7 November 2007

‘Wounded birds’ blight Swallows

An injury report from Moroka Swallows’ medical staff 24 hours before the crunch Premier League game against Kaizer Chiefs at King’s Park on Wednesday night conjured up a picture of the wounded limping back in pain from the Crimean War. Five Swallows players who ostensibly would be first-choice selections for the Sowetan ”Derby-by-the-Sea” are unavailable.

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/ 7 November 2007

Al-Bashir says no return to war

Sudanese President Omar Hassan al-Bashir said on Tuesday he was committed to the north-south peace deal that ended Africa’s longest civil war and there would be no return to hostilities after a crisis threatened the pact. ”I would like to assure you there will be no return to war whatsoever,” he said at a state banquet with South African President Thabo Mbeki.

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/ 6 November 2007

Sudan wants SA to mediate on Darfur crisis

Sudan has asked South Africa to mediate on Darfur, Minister of Foreign Affairs Nkosazana Dlamini-Zuma said on Tuesday as attempts to end a conflict that has killed more than 200 000 and forced 2,5-million from their homes appeared to founder. Sudanese President Omar al-Bashir met President Thabo Mbeki on Tuesday.

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/ 6 November 2007

Battle TB, Aids as one, says TB expert

South African medical authorities need to start thinking about tuberculosis (TB) and HIV/Aids as a single epidemic, rather than treating them separately, a TB expert said on Tuesday at a media briefing ahead of a major international conference on lung health, which begins in Cape Town on Thursday.

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/ 6 November 2007

Violent crime claims heavy toll among police

More South African police officers were killed in the 11 years since the end of apartheid than in the previous period, a new study that highlights one of the world’s highest crime rates showed on Tuesday. The South African Institute of Race Relations said 1 894 police officers were killed between 1995 and 2005.

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/ 6 November 2007

Da Gama has high hopes for Cosmos match

Jomo Cosmos and Orlando Pirates clash in round eight of the Absa Premier Soccer League at Loftus Versfeld in Pretoria on Wednesday night, and Owen da Gama wants his charges to take all three points. Pirates are 11th on the league table with nine points from seven outings, and Da Gama wants the best result against Cosmos.

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/ 6 November 2007

SARB recommends stable monetary policy

The South African Reserve Bank (SARB) said on Tuesday in its latest <i>Monetary Policy Review</i> that in light of the risks around the subprime crisis in global markets, it is important to maintain a stable and transparent monetary policy regime. Authorities in some emerging markets have been advised to strengthen surveillance.

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/ 6 November 2007

Six years on: Mbeki, the Aids dissident

President Thabo Mbeki remains an ”Aids dissident” who has told a biographer that he regrets bowing to pressure from his Cabinet to ”withdraw from the debate” over the disease ravaging South Africa. According to a long-awaited biography by Mark Gevisser, the president feels aggrieved that he was deflected from continuing to question the causes of the epidemic.

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/ 6 November 2007

End of floor-crossing in sight?

The issue of floor-crossing should be resolved within months, says MP Vytjie Mentor, who chairs a parliamentary committee dealing with the matter. ”We don’t think that floor-crossing strengthens democracy. We have not seen empirical proof that it strengthens democracy,” she told a joint meeting with the home affairs committee on Tuesday.

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/ 6 November 2007

Clicks makes the switch to save energy

Major retailer Clicks announced on Tuesday that it has crushed more than 56 000 of the conventional light bulbs it stocked and is now only selling energy-efficient bulbs. While this comes at some cost to Clicks, it will help conserve energy and protect the environment, the company said in Johannesburg.

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/ 6 November 2007

Skinstad quits rugby ahead of tour

The Springbok rugby selectors, who on Tuesday sat down to pick the side for the two-match tour of Wales and England later this month, will not have included loose forward Bob Skinstad in the touring team. The 50th Springbok captain has retired with immediate effect. It is unlikely that Skinstad will be replaced for the short tour.

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/ 6 November 2007

It’s a record — officially

Athletics South Africa (ASA) has ratified four new national records following a meeting of the ASA executive board last Saturday. Louw Smith of Boland province clocked 13,73 seconds to set a new South Africa junior men’s 110m hurdles record. He achieved this landmark on April 13.