No image available
/ 18 October 2005

SA’s world profit beaters

Leading South African companies are world beaters in the profit stakes. The Cabinet was recently handed a document by the Department Trade and Industry, which calls for new interventions, including by the competition authorities, to lower prices charged by top corporations.

No image available
/ 17 October 2005

Total collapse in Zim could threaten region

Though not posing a threat to South Africa’s financial-system stability, a total collapse in Zimbabwe could have wider political, economic and social consequences for the region, the South African Reserve Bank cautioned on Monday. Economic and political difficulties in Zimbabwe seem to be deepening, it said.

No image available
/ 17 October 2005

Police charge drug trafficker after fraud

Police in Portugal have charged a man with drug-trafficking offences after he sold a 20-year-old a bag of beans that he claimed were Ecstasy pills, daily newspaper <i>Correio da Manha</i> reported on Saturday. The youth met the man, who police say is a known drug dealer, on Thursday in the northern town of Matosinhos.

No image available
/ 17 October 2005

Sasfin hoping to announce BEE deal soon

Specialist banking and financial services group Sasfin is hoping to announce a black economic empowerment (BEE) deal soon. Chairperson Martin Glatt said on Monday that although negotiations leading to a BEE transaction had taken longer than the group had anticipated, Sasfin was at advanced stage of negotiations with potential BEE partners in respect of a 10% interest in the capital of the bank.

No image available
/ 17 October 2005

Easynet reports bid approach

Easynet said on Monday that it had received an approach which may lead to a takeover, amid a report that British satellite broadcaster BSkyB wanted to snap up the London-listed telecoms group. <i>The Sunday Telegraph</i> newspaper had reported that BSkyB was to muscle in on the lucrative internet broadband market.

No image available
/ 17 October 2005

Saddam: Dictator who crushed dissent faces justice

Saddam Hussein, the ousted dictator who delivered a brutal brand of justice to Iraqis during his 24-year reign, faces trial on Wednesday by an Iraqi tribunal which could sentence him to death if he is convicted. Rights groups have amply documented his ruthlessness and cruelty, and the court will attempt to make him answer charges of crimes against humanity during a Shi’ite civilian massacre in 1982.

No image available
/ 17 October 2005

Partying with the Niggeratti

I must say, I was wondering how the Jews and the whites were going to get away with it this time. With the blacks having taken over the media in a general way, there didn’t seem to be much left that blacks couldn’t say about what they really thought about oppression, exploitation and all those other things that are said to have happened back in the bad old fairy-tale days.

No image available
/ 17 October 2005

Monster judgement for drug pricing

Finally, the great pharmaceutical case has drawn to a close. In May last year two applications were launched challenging regulations promulgated by the Minister of Health Manto Tshabalala-Msimang that gave effect to a pricing system for the sale of medicines. The matter was initially heard by three judges of the Cape High Court as a matter of urgency in May 2004.

No image available
/ 17 October 2005

Sudan starting to slip again

Darfur seems hell-bent on regaining its appellation earned two years ago as the world’s worst humanitarian crisis. Three African Union peacekeepers and two contractors attached to the force were killed, recently — the first fatalities for the 6 600 strong continental force in the troubled west of Sudan.

No image available
/ 16 October 2005

Iraqi vote results expected soon

Vote-counting in the Iraqi constitutional referendum should finish within two days, with an initial forecast possibly available at that time, senior electoral official Farid Ayyar said. Meanwhile, mortar rounds landed early on Sunday within the heavily protected Green Zone in Baghdad.

No image available
/ 16 October 2005

Train set alight in Springs

Rail commuters had to be evacuated on Saturday when three motor coaches and three trailers were vandalised and burnt at a station in Springs, Metrorail said. "The management will work with the South African Police Service to put an end to this criminal activity," said Metrorail spokesperson Thandi Mlangeni.

No image available
/ 15 October 2005

EU waits to see if bird flu has reached Europe

The European Union was awaiting test results on Saturday that should show whether a lethal strain of bird flu that has killed more than 60 people in Asia has reached Europe. Bird flu has been detected in two Romanian villages and the tests will prove whether this is the fatal H5N1 strain. The deadly strain has been detected in Turkey.

No image available
/ 14 October 2005

Billions of dollars needed to rebuild Pakistan

With vast parts of Pakistan still digging out from last week’s earthquake, donors are already planning a massive reconstruction effort that will require billions of dollars over five to 10 years, United Nations and British officials said on Friday. But so far, even the immediate needs have gone unmet for survivors of last Saturday’s earthquake.

No image available
/ 14 October 2005

Europe warns Ethiopia over opposition crackdown

The European Parliament on Friday called for an end to harrassment of opposition groups in Ethiopia and warned of possible aid cuts to the impoverished Horn of Africa nation if it did not stop. The Strasbourg-based legislature deplored the government’s treatment of the opposition since disputed May elections that European Union observers said failed to meet international standards.

No image available
/ 14 October 2005

The wages of fear

It is extraordinary how many of the decisions we make are fuelled by fear. Persuading people to be afraid of something or other is one of the most effective of marketing tools. Every car advertisement these days has its inbuilt motorists-beware message.

No image available
/ 13 October 2005

Botswana denies ‘ethnic cleansing’ of Bushmen

Botswana’s Foreign Minister Mompati Merafhe on Thursday denied claims by Britain’s Survival International that it had launched an "ethnic cleansing" of San Bushmen from their ancestral land in the Kalahari. "Nothing could be further from the truth than those malicious allegations being marketed around by a one-issue organisation called Survival International," he said in Pretoria.

No image available
/ 13 October 2005

60 killed as Chechen gunmen attack city

More than 60 people were killed on Thursday in the southern Russian city of Nalchik in simultaneous attacks on government targets claimed by rebels from nearby breakaway Chechnya, officials said. President Vladimir Putin ordered the city sealed and issued shoot-to-kill orders for anyone using arms to resist police.

No image available
/ 13 October 2005

Kumba announces massive BEE transaction

South African resources companies Anglo American and Kumba Resources on Thursday announced a major black economic empowerment (BEE) transaction that will result in the establishment of the country’s largest black-owned, -controlled and -managed company with an enterprise value of about R16-billion.

No image available
/ 13 October 2005

It’s a mad world

Have children? Feel like a quiet weekend? Why not rent your kids out to complete (and paying) strangers for the weekend, to get some peace and quiet? Yes, you read it right — instead of lying around the house in some enforced phase of extended stupidity known as "childhood", your children could be earning you big money, every weekend!

No image available
/ 12 October 2005

Giant pumpkin snatches world title

A giant pumpkin weighing more than half a tonne has snatched top place in a world championship competition of giant vegetables held in California, organisers said on Tuesday. A retired firefighter won Monday’s World Championship Pumpkin Weigh-Off for the second year running with his humongous 557,47kg entry.

No image available
/ 12 October 2005

Ferret fashion furore

Ever mindful of its image, British luxury goods firm Burberry has threatened legal action against a company making garments in its trademark check pattern — for ferrets. Burberry’s lawyers have sent letters to Ferret World, the country’s only outlet for clothes made especially for the rodents, a popular pet.

No image available
/ 12 October 2005

Syrian minister commits suicide in office

Syria’s former strongman in Lebanon, who was questioned over the assassination of former Lebanese premier Rafiq Hariri, committed suicide in his Damascus office on Wednesday, the government said. Interior Minister Ghazi Kanaan spoke to Voice of Lebanon radio earlier on Wednesday and said it would be his "final declaration".

No image available
/ 12 October 2005

Suicide bomber kills 30 in Iraq

Thirty people were killed on Wednesday when a suicide bomber blew himself up in a large crowd of people outside an army recruitment centre in the north-western Iraqi town of Tal Afar, police said. The attack, which also left 35 people wounded, came just a day after another attack in the town killed 30 people at a crowded market.