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/ 1 August 2007

Tax filing season kicks off

The annual income-tax return filing season begins on Wednesday, the South African Revenue Service (Sars) said. Sars spokesperson Adrian Lackay said taxpayers must hand in their returns by October 31. As from midday on Wednesday there will be an electronic version of income-tax return available on the internet.

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/ 1 August 2007

SA to build $700-million telecom cable

The South African government plans to build a new -million submarine cable around the west of Africa to boost broadband capacity and cut Internet tariffs in the continent, it said on Tuesday. South Africa’s state-owned telecom infrastructure company Infraco said it would split the cable into two parts with one linking South Africa to Brazil and one to London.

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/ 31 July 2007

Ill health causes delay of nuclear trial

The high court trial of two men accused of manufacturing and exporting components that may be used in the manufacturing of nuclear weapons has been delayed because of one of the accused’s poor health. Prosecutor Chris Macadam told Judge Joop Labuschagne that the state was ready to proceed with the trial.

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/ 31 July 2007

De Beers strike called off

The National Union of Mineworkers (NUM) has called off its planned strike at diamond producer De Beers after reaching an agreement on wages in negotiations on Tuesday afternoon. The union’s 3 350 members at De Beers’ six mines in South Africa were to have downed tools just hours later, from the start of the 9pm night shift.

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/ 31 July 2007

Afrikanerbond challenges business on poverty fund

Afrikanerbond chairperson Pierre Theron has appealed to prominent black businessmen to start an upliftment fund for black South Africans, similar to that launched in the 1930s to benefit poverty-stricken Afrikaners. He said on Tuesday the fund launched by the Afrikanerbond’s predecessor, the Afrikaner Broederbond, raised R30-million over only six years.

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/ 31 July 2007

Are ATM blasts fizzling out?

Four automated teller machines (ATMs) were blown up in separate incidents around the country in the past week. However, the South African Banking Risk Information Centre is confident there has been a decline in such incidents recently, and that the downward trend will continue.

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/ 31 July 2007

Govt looks at dual HIV-prevention strategy

The Health Department is preparing to introduce dual therapy to improve prevention of mother-to-child transmission of HIV. The National Strategic Plan for HIV and Aids and Sexually Transmitted Infections allows for introducing dual therapy for reducing mother-to-child transmission, the department said in a statement on Tuesday.

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/ 31 July 2007

Spoornet to spend billions on turnaround strategy

Transnet Freight Rail, formerly Spoornet, will spend R34-billion over the next five years as part of its turnaround strategy, CEO Siyabonga Gama said on Tuesday. Speaking to reporters at a press conference in Johannesburg, Gama said the overall turnaround strategy entailed refurbishing and building new railway lines linking the country’s economic centres.

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/ 31 July 2007

DA: Govt misinterprets law on Zim refugees

Home Affairs Minister Nosiviwe Mapisa-Nqakula appears to be ”deliberately misinterpreting” legislation in order to avoid the government’s legal obligation to set up camps for refugees from Zimbabwe, the Democratic Alliance said on Tuesday. The minister had recently rejected a DA suggestion that refugee camps be put up.

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/ 31 July 2007

SA June trade deficit widens

South Africa’s trade balance shifted further into deficit in June, recording a shortfall of R5,31-billion and keeping pressure on South Africa’s current account, official data showed on Tuesday. The data follows May’s smaller R2,67-billion shortfall and compares with expectations of a R3,5-billion gap.

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/ 31 July 2007

Travelgate trial set down for 2008

The trial of the four travel agents still standing in the parliamentary travel-voucher fraud case will only start next year, it emerged on Tuesday. The four, Soraya Beukes, Mpho Lebelo, Graham Geduldt and Estelle Aggujaro, made a brief appearance in the Cape High Court for yet another postponement.

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/ 31 July 2007

UN: Lesotho needs $19m to fight food shortages

Lesotho needs ,9-million to help feed more than a third of its population after the country’s crop was destroyed by a prolonged dry spell during the 2006/07 cropping season, the United Nations said on Tuesday. About 550 000 people out of 1,8-million in Lesotho will need food aid between now and the next harvest in May next year, the UN said.

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/ 31 July 2007

Policy review of provincial, local govt launched

A policy review process, which includes questions on whether provincial government should even exist, was launched by Minister of Provincial and Local Government Sydney Mufamadi in Pretoria on Tuesday. ”We have to have a re-look at the way powers and functions have been distributed across the three spheres of government,” Mufamadi said.

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/ 31 July 2007

AngloGold Q2 down 17%, CEO to retire

AngloGold Ashanti posted a worse-than-expected 17% fall in second-quarter adjusted profit, hit by stronger currencies and more exploration costs, and said its chief executive Bobby Godsell would retire. AngloGold, the world’s third biggest gold producer, said on Tuesday Mark Cutifani from Brazil’s CVRD Inco would become new chief executive.

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/ 31 July 2007

Strike hits petrol firms

A South African union said it had launched a strike over wages at Chevron’s 100 000-barrel-per-day refinery in Cape Town and PetroSA’s 36 000 bpd Mossel Bay gas-to-liquid plant. Welile Nolingo, secretary general of the Chemical, Energy, Paper, Printing, Wood and Allied Workers’ Union, said the strike would continue until the union’s demands are met.

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/ 31 July 2007

SA credit growth quickens, rate hike looms

Growth in demand for credit by South Africa’s private sector quickened to 24,92% year-on-year in June, data showed on Tuesday, hardening the case for another interest rate increase next month. Analysts had expected a new law clamping down on credit lending that came into force in June to have bolstered the central bank’s monetary tightening efforts.

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/ 30 July 2007

SA’s emerging cricketers return triumphant

The South African emerging players cricket squad that participated in the 2007 Emerging Players Tournament in Brisbane, Australia, over the past two weeks landed back home with the trophy in hand after beating strong teams from Australia, New Zealand and India. On Saturday South Africa beat New Zealand in the final of the tournament by 82 runs.

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/ 30 July 2007

Sorry, councillor, your four seconds are up …

Opposition parties in the Johannesburg city council are furious at the ruling African National Congress (ANC) limiting their speaking time to four seconds per councillor. The parties quoted the ANC’s chief whip in the council as saying: ”If a party cannot say what they want to say in eight seconds, it is not worth saying.”

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/ 30 July 2007

NPA: FW not being formally investigated

Former president FW de Klerk is not being investigated for crimes committed during the apartheid era, National Prosecuting Authority (NPA) spokesperson Panyaza Lesufi said. ”There is no formal investigation of Mr De Klerk,” Lesufi said. De Klerk last week denied that he had ever condoned apartheid-era murders or other gross violations of human rights.

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/ 30 July 2007

More arrests in Zim price blitz

Another 33 shop managers were arrested in Zimbabwe over the weekend for overcharging or failing to display prices, Harare’s Herald newspaper reported on Monday. Its website said the managers were expected to appear in court on Monday. A price-monitoring team put the shops under surveillance on Friday.