No image available
/ 15 May 2006

Portuguese man to cycle to Germany for World Cup

A 62-year-old retired man plans to travel from his hometown in Portugal to Germany by bicycle in order to attend the 2006 World Cup, which gets underway on June 9. Jose Fortunato left Vila Franca de Xira, some 30km north-east of Lisbon, on Sunday and he expects to arrive in Munich, which will host the opening game of the 64-match tournament, on June 8.

No image available
/ 15 May 2006

Unit trust investors learning to ‘sell high’

First quarter figures on unit trust sales and net inflows suggest growing maturity among South African investors and indicate that a key lesson has been learned — selling high is a lot better than selling when the market hits the bottom. The quarterly perspective comes from Kim Zietsman, head of single manager unit trusts at Stanlib, South Africa’s largest unit trust company.

No image available
/ 15 May 2006

EU pledges ‘bold’ nuclear offer for Iran

The European Union is preparing a bold offer for Iran, including economic, nuclear, and perhaps security guarantees, to try to curb its atomic ambitions, EU foreign policy chief Javier Solana said on Monday. "It will be a generous package, a bold package, that will contain issues relating to nuclear, economic matters, and maybe, if necessary, security matters," Solana said.

No image available
/ 15 May 2006

Super sexy Sasol

Embraced by Nazi Germany and perfected in apartheid South Africa, Sasol’s Fischer-Tropsch process, which converts gas or coal to liquid, is now the sexiest thing in energy. In a post-9/11 world beset by sustained high fuel costs, concerns over energy security and growing environmental pressures, Sasol finds itself alone as the market leader in the conversion of both coal and gas to liquid fuels.

No image available
/ 14 May 2006

Australia considers ‘nuclear-fuel leasing’

The Australian government indicated on Sunday that it would consider taking back nuclear waste from countries that buy its uranium under a system known as "nuclear-fuel leasing". Prime Minister John Howard is expected to discuss the issue, which aims to limit the possibility of spent fuel being used in weapons, with United States President George Bush.

No image available
/ 12 May 2006

Heavy fighting continues in Mogadishu

Heavy fighting flared anew on Friday in the lawless Somali capital Mogadishu as Islamic militia and gunmen loyal to a United States-backed warlord alliance clashed for a sixth day with little respite. At least 13 people were killed in the new violence, and four bodies were recovered from a house hit by mortar shells in Mogadishu’s northern Sisi neighbourhood, witnesses said.

No image available
/ 12 May 2006

King’s former ministers rounded up in Nepal

Four ministers appointed by Nepal’s king during his 14 months of absolute rule were arrested and detained for 90 days on the orders of the new government on Friday, relatives, police and media said. Former home minister Kamal Thapa, ex-foreign minister Ramesh Nath Pandey and the royal government’s spokesperson Shrish Shumshere Rana were among those rounded up.

No image available
/ 12 May 2006

Zim inflation crosses 1 000% threshold

Zimbabwe said Friday that its inflation rate has crossed the 1 000% threshold and is currently at 1 042,9%, one of the highest rates in the world. Reserve Bank of Zimbabwe Governor Gideon Gono had predicted in January that inflation would recede to below 500% in June and decline to double digits next year.

No image available
/ 12 May 2006

Getting stuffed

During the process of being severely stuffed around (no weak jokes, please) in my recent day-to-day dealings, I’ve found a rather weird exponential scale at work: the hidden tenets of South African commerce.

No image available
/ 12 May 2006

Zuma’s secret diary

<a href="http://www.mg.co.za/specialreport.aspx?area=zuma_report"><img src="http://www.mg.co.za/ContentImages/243078/zuma.jpg" align=left border=0></a>Jacob Zuma’s official diary for the year 2000, when he is alleged to have met Schabir Shaik and French arms dealer Alain Thetard to request a bribe, was discovered during the Scorpions raid on Zuma’s office at the Union Buildings in August last year.

No image available
/ 11 May 2006

Harare to fix fees at private schools

Zimbabwe President Robert Mugabe has signed into law the Education Act Amendment Bill giving the state powers to fix fees at private schools, in a development education experts say could see standards falling at the schools that are the only sources of a reliable education for young Zimbabweans.

No image available
/ 11 May 2006

Dahab-bombings suspect turns himself in

An Egyptian suspected of involvement in the triple suicide bombings that killed 20 people in the Sinai peninsula last month surrendered to the security forces, police officials said on Thursday. The suspect, 25-year-old Khalil al-Menei from the northern Sinai town of al-Arish, was on a list of people wanted in connection with a string of terrorist attacks in the Sinai.

No image available
/ 11 May 2006

Day tripping

It appears that a number of travel authors are a little preoccupied with death. Your death. Just browse around your local bookstore and you’ll find <i>Getaway’s 1 001 Places to See Before You Die: Places To Go</i>, <i>Things To Do in Southern Africa</i> (Struik), <i>Michael Bright’s Natural Wonders You Must See Before You Die</i> (Cassell Illustrated).

No image available
/ 11 May 2006

Thailand launches radio show for dogs

Inspired by a United States radio show for pets, a Thai dog lover has launched a round-the-clock online music radio programme for canines, a report said on Thursday. <i>DogRadioThailand.com</i>, which made its debut on Wednesday, offers both vocal and instrumental music for dogs, the English-daily <i>Bangkok Post</i> said.

No image available
/ 11 May 2006

Baidu launches Chinese Wikipedia

China’s biggest internet search engine has launched an online encyclopedia modelled on the US-based website Wikipedia, which is blocked by Beijing. Entries on Baidupedia, the new service from Nasdaq-listed <i>Baidu.com</i> launched last month, are however censored by the Chinese government.

No image available
/ 11 May 2006

You say you’re Christian …

"For some time now I have been thinking, how one can justify the undeniable contradictions that exist in the international arena — which are being constantly debated, specially in political forums and among university students. Many questions remain unanswered," writes Mahmoud Ahmadinejad.

No image available
/ 11 May 2006

From complainant to accused

For some, the long-term significance of the case has little to do with the law and much to do with the prospects of an ambitious politician who wishes to be president of the republic. Historians and political scientists can be left to analyse whether it was this trial or other reasons that finally sunk the Zuma battleship or resurrected his prospects.

No image available
/ 11 May 2006

Divisive and difficult

A total of 174 pages, prompting 174 000 opinions. Monday’s judgement in the <i>State v Jacob Zuma</i> has been like the trial itself: divisive and difficult. The not-guilty verdict is one we respect; the reasoning in the judgement is thorough and well-researched, if conservative.

No image available
/ 10 May 2006

Rice: Iran faces ‘isolation’ without nuclear accord

United States Secretary of State Condoleezza Rice said on Wednesday that Iran would face "isolation" if it did not establish a nuclear programme that meets international standards. Speaking after talks with Javier Solana, the European Union’s foreign policy chief, Rice also stressed that Iran faced a United Nations Security Council resolution over its nuclear programme.

No image available
/ 10 May 2006

Afrox to invest R350m in new SA gas production

Gases and welding products group African Oxygen (Afrox) is to invest approximately R350-millionin several major new gas production facilities around South Africa during the year. Craig Falconer, Afrox’s general manager process gas solutions, says this expenditure results from increased demand from the company’s existing customer base as well as by new business wins.

No image available
/ 10 May 2006

Nato: Missile threat to Europe warrants shield

Europe faces an increasing threat from attacks with long-range missiles and could help avert the danger by building a missile-defence network, a senior North Atlantic Treaty Organisation (Nato) official warned on Wednesday. "There is a growing threat of long-range missile attacks," said Marshall Billingslea, head of Nato’s Conference of National Armaments Directors.