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/ 18 February 2004
Initial reaction to Minister of Finance Trevor Manuel’s annual Budget speech has been favourable. Manuel had some good news for taxpayers on Wednesday in his 2004/05 Budget, although the R4-billion in personal-income tax relief did not match the whopping R13,3-billion he dished out in 2003/04.
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/ 18 February 2004
The South African government says that the annual average increase in spending on the land restitution programme between 2000/01 and 2006/07 is 31,5%, according to the estimates of national expenditure. The estimates, released on Budget day, February 18, showed that total expenditure had increased to R1,7-billion.
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/ 18 February 2004
The government has allocated R2,1-billion over a three-year period for the "comprehensive" response to HIV/Aids, including provision for anti-retroviral treatment programmes by provinces through a conditional grant, according to the Budget released by Minister of Finance Trevor Manuel on Wednesday.
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/ 18 February 2004
The government has budgeted R1,1-billion over the next three years for the Department of Defence to continue peacekeeping operations in Burundi and the Democratic Republic of Congo, said Minister of Finance Trevor Manuel in his Budget speech in Parliament on Wednesday.
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/ 18 February 2004
In his Budget speech in Parliament on Wednesday, Minister of Finance Manuel said that the exchange rate of the rand is not under control of the government. "The United States elections in November will create all manner of uncertainty, so I would rather not speculate on the exchange rate," Manuel said.
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/ 18 February 2004
There were no real surprises in Minister of Finance Trevor Manuel’s 2004/05 Budget on Wednesday, with modest relief for taxpayers, increased social spending, and higher "sin taxes" and fuel levies. Lower to middle-income earners will be the main beneficiaries of R4-billion in personal income tax relief.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3_fl2.asp?o=42167">Special Report: The Budget 2004</a>
<li><a class=’standardtextsmall’ target=’_blank’ href="http://www.treasury.gov.za/documents/budget/2004/speech/speech.pdf">Full Budget speech (PDF)</a>
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/ 18 February 2004
Econet Wireless Nigeria (EWN) has informed the Nigerian Federal High Court that its negotiations with Vodacom International to take a controlling interest in the company have been aborted. EWN’s legal adviser said the negotiations on the equity investment with Vodacom International have been aborted as far back as December 19 2003.
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/ 18 February 2004
Shares in listed South African banking group Nedcor tumbled on the JSE Securities Exchange South Africa (JSE) on Wednesday morning on speculation that the group was to announce a rights offer, possibly as big as five billion rand, when it releases its final results on Monday.
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/ 17 February 2004
Men eager to marry virgins in Chief Naboth Makoni’s eastern border town in Zimbabwe must produce documented proof of their HIV-negative status as part of Makoni’s controversial anti-Aids campaign. His unorthodox initiative has drawn the ire of women’s rights activists and health care workers, to name but a few.
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/ 17 February 2004
South African Water Affairs and Forestry Minister Ronnie Kasrils has demanded that the Israeli government reverse "all unilateral actions [against the Palestinians] including the separation wall". Kasrils arrived in the Middle East on February 13 after receiving an invitation from Palestinian Agriculture Minister Rawhi Fattouh.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/pd.asp?ao=31351">Israeli president defends barrier</a>
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/ 16 February 2004
The South African Convergence Bill drafters must focus on criticisms raised by industry stakeholders or face the flight of the sector abroad, says Pravesh Singh, an information technology law specialist at Jan S de Villiers.
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/ 16 February 2004
Health groups are expecting a budget allocation to be announced in this week’s Budget for the roll-out of anti-retroviral therapy within the public health sector. They believe there might also be an announcement on tax concessions for companies that provide HIV/Aids treatment for their employees.
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/ 16 February 2004
My daughter has just started in grade nought. That has not stopped her from causing chaos all over the known world. All this week other parents (and grandparents, for that matter, because many of them are the ones who insist on taking the wee darlings to school) have been looking at me strangely. Here’s why.
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/ 14 February 2004
The gatekeeper to the town of St Marc wears a black balaclava with full military fatigues and carries his rifle as high as the Caribbean midday sun. Behind him is a town emptied by fear — a place where people whisper in the darkness of their own homes with the curtains drawn against the crackle of gunfire.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=31192">Food and medical crisis looms</a>
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/ 13 February 2004
TelkomInternet reported on Friday that it had quarantined 512 325 virus infected email messages since the beginning of February. Of these, 467 174 were infected with the data-destroyer MyDoom virus. The figures reported were marginally higher than those from late January.
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/ 13 February 2004
It really is time we were rid of the exercise in the vainglorious called the opening of Parliament. Apart from obvious reasons, like the steadily mounting costs of the affair, there are many other grounds for abandoning what has become a toe-curling embarrassment.
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/ 13 February 2004
In recent months Johannesburg drivers have noticed a new phenomenon: blind people begging at traffic lights and major intersections. They are almost exclusively Zimbabwean, and their influx to the city has been sudden.
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/ 12 February 2004
<img src="http://www.mg.co.za/ContentImages/41909/10-X-Logo.gif" align=left>The Democratic Alliance on Thursday accused the government of using drought aid to buy the votes of farm workers. "The ANC [African National Congress] government’s ‘drought assistance’ to farm workers who still receive salaries and haven’t lost their jobs amounts to buying votes," a DA agriculture spokesperson said.
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/ 12 February 2004
New HIV tests for pregnant women may prove crucial to the lives of five unborn babies whose mothers where unaware that they had the virus.
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/ 12 February 2004
The Retail Motor Industry (RMI) on Wednesday warned that it is taking up the cudgels of its members to fight what it calls "abuse of the enormous powers" incorporated in the Customs Act, which it charges has unfairly been crippling small and medium-sized businesses in the automotive industry.
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/ 12 February 2004
Much of South Africa’s commercial law is years out of date and this has severe implications for auditors, accountants, directors and investors, says South African Institute of Chartered Accountants executive president Ignatius Sehoole.
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/ 12 February 2004
The presidential inauguration is expected to cost in the region of R60-million, which is in line with the costs of previous inaugurations, the South African government divulged on Thursday. The budget for the 10 years of democracy celebrations would be R80-million over two years.
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/ 12 February 2004
Much of South Africa’s commercial law is years out of date and this has severe implications for auditors, accountants, directors and investors, says South African Institute of Chartered Accountants executive president Ignatius Sehoole. "South Africa is very slow to respond to the legislative requirements of a changing marketplace," he said.
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/ 12 February 2004
"Pirate software fans, ahoy. Remember the laughable campaigns about home taping killing local music? Yeah, right. The truth is something else entirely." And Bush, Blair, Mugabe, chemistry students, the Minister of Education, Mel Gibson and Condoleezza Rice also fall under the knife of Ian Fraser.
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/ 11 February 2004
Steers Holdings will change its name to Famous Brands Limited in March, the South African quick-service and fast-food company announced on Wednesday. The company’s abbreviated name will be FamBrands and it will remain listed in the leisure and hotels sector of the JSE Securities Exchange South Africa.
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/ 10 February 2004
South Africa’s Labour Department carried out 10 610 inspections on the domestic worker sector during August last year, says Labour Minister Membathisi Mdladlana. "Domestic employers proved to be the friendliest sector to inspect. This is attributed to advocacy work that preceded the inspections," he said.
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/ 9 February 2004
<img src="http://www.mg.co.za/ContentImages/41909/10-X-Logo.gif" align=left>The 2004 national and provincial general election will be held on April 14, President Thabo Mbeki announced on Monday. In a statement to the National Assembly, Mbeki said the date had been decided in consultation with the Independent Electoral Commission and the nine provincial premiers.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=30910">Opposition welcomes election date</a>
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/ 9 February 2004
Mathew Gondo was made homeless at the height of Zimbabwe’s chaotic land-reform programme, which began in 2000. He was a foreman at Tate’s Farm, about 120km north of the capital, Harare. His employer fled following the violent farm invasions by pro-government war veterans of Zimbabwe’s liberation struggle.
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/ 9 February 2004
McCarthy Call-a-Car, the largest independent online used vehicle retailer in South Africa and a subsidiary of listed motor retailer McCarthy, sold 6 662 units in 2003 — representing more than R660-million worth in sales. McCarthy said used vehicles accounted for 83% of the total sales, while new vehicle sales increased to 17% in 2003.
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/ 9 February 2004
Sasol chief executive Pieter Cox on Monday inaugurated the world’s largest oxygen production plant at the group’s Secunda site near Johannesburg in South Africa. The new, R668-million plant is in addition to 14 other existing oxygen production plants, making synthetic fuels group Sasol the world’s largest single producer and consumer of oxygen.
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/ 9 February 2004
John Kerry’s three-state United States weekend rout, capped by his coast to victory in Maine, pushed him closer to the Democratic nomination and left his rivals scrambling to find a way to stop the front-runner. Kerry’s winning streak is beginning to demoralise his opponents.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=30861">Anxious Bush on charm offensive</a>
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/ 9 February 2004
The South African National Editors’ Forum (Sanef) on Sunday accused the authorities of preventing vital information from reaching the public and vowed to fight for the right of journalists to protect their sources. Sanef said the organisation was concerned over the flow of information from the police to the media.
<li><a class=’standardtextsmall’ href="http://www.mg.co.za/Content/l3.asp?ao=30864">The death of Zimbabwean journalism</a>