The UN’s World Food Programme warned on Monday that food rations in Ethiopia are being cut because of a lack of supplies in the drought-stricken country.
Sales of some of South Africa’s best wines at the 29th Nederburg Auction, which ended on Saturday, reached a new record of R7,5-million, with prices rising 7% on those of 2002.
The monthly poll on the South African stock market outlook conducted by Plexus Research & Surveys among unit trust managers was slightly more positive at the end of March 2003 than for the previous month.
It seems to be an unavoidable fact of the human condition that former altar boys, especially the Catholic ones, end up being the best revolutionaries.
South African Trade and Industry Minister Alec Erwin says he will once again meet US pharmaceutical companies next month to help resolve the impasse over compulsory licensing of pharmaceutical products to third parties.
The South African Allied Workers’ Union (Satawu) has threatened mass action to protest against the government’s plan to restructure ports operations, saying the move will result in massive job losses.
Already off the world radar because of the war in Iraq, Africa toppled further when World Trade Organisation (WTO) negotiators missed deadlines vital for the economic growth of the continent last week.
It would be a grave mistake to view the scenes of rejoicing in Baghdad after the fall of Saddam Hussein as a post hoc sanctification of the United States’s criminal invasion of Iraq.
Dear Mr Da Vinci
<i>Re: Your application for National Arts Council funding for proposed Wall Painting Project “The Last Supper”</i>
South African’s third largest gold miner Harmony Gold on Friday launched a new range of gold investment bars, in addition to its popular ten-tola bar, introduced to the investment community in 1999.
The world’s largest platinum miner Anglo Platinum and Anglo American Corporation Zimbabwe on Friday announced that they would proceed with the Unki platinum project situated near Gweru on Zimbabwe’s Great Dyke region.
Tread carefully, was the message from market analysts in the United States this week. As coalition forces swept into Baghdad, stock exchanges across the globe cheered and rallied. But the prospect of a large US budget overrun due to war spending, and the pneumonia scare in Asia, loomed darkly in the background.
Ethiopia will face a collapse in "social services, governance and safety nets" within a decade because of the HIV/Aids pandemic, the UN Children’s Fund has warned.
"In a Dark Time", a documentary film about sexual abuse in Zimbabwe perpetrated by pro-government militia, premiered last week at Witwatersrand University. The event sought to alert academics and human rights activists about gender-based human rights abuses, like gang rape and sexual torture.
Most of the top leadership of Zimbabwe’s opposition Movement for Democratic Change (MDC) is facing criminal charges following a government crackdown.
The Kenyan government said it would privatise up to 70% of fixed line operator Telkom Kenya, Minister for Transport and Communications John Michuki told the second African Investment Forum (AIF) in Johannesburg.
South African oil and chemicals group Sasol (SOL) on Wednesday transferred its US American Depository Receipt listing from the Nasdaq to the main board of the New York Stock Exchange (NYSE) on Wednesday in a move the group hopes will greatly expand its investor base.
The first week in April marked the end of a quarter dogged by uncertainty and a stronger rand in local currency and equity markets. Now that the Iraqi war is under way, some analysts are warning against overestimating its impact.
South African Finance Minister Trevor Manuel said on Monday there were several issues regarding the government’s proposed amnesty for those having taken funds offshore illegally that needed to be clarified and re-examined, including those of trusts and the role of advisors, as well as that of domestic taxes.
“Peace cannot be kept by force. It can only be achieved by understanding," said Albert Einstein, who invented a variety of theories that have made it possible for us now to be a collective force of mass destruction on planet Earth. But who is saying a big thanks to Einstein for paving the way for the creation of the cruise missile?
The implementation of the New Partnership for Africa’s Development (Nepad) is on course and the first two major projects — the power interconnections between Nigeria, Benin and Togo, as well as between Algeria, Morocco and Spain — will be announced shortly, Wiseman Nkuhlu, the chairman of the Nepad Steering Committee, said on Monday.
Moody’s Investors Service, in its latest annual report on South Africa, points to the improving health of the economy and balance of payments as the basis for its positive outlook on the country’s Baa2 foreign currency ceilings.
Sub-Saharan Africa (SSA) has the best return on foreign direct investment (FDI) at 13% in 2002 compared with a global average of 7,1%, the World Bank said on Monday.
The share price of South African-listed, Swiss-based luxury goods group Richemont (RCH) jumped 10% in morning trade on Monday, outperforming the 2% gains in the FTSE-JSE All-Share index due to what traders say is the improved outlook for a relatively short war in Iraq.
South Africa’s largest gold miner AngloGold (ANG) has budgeted R25,8-million for its group HIV/Aids programme in South Africa in 2003 from R16,2-million in 2002, the company’s HIV/Aids manager Dr Petra Kruger said on Tuesday.
US forces this morning mounted their most far-reaching move into Baghdad, going into the heart of the Iraqi capital.
South African healthcare group Discovery Holdings (DSY) on Sunday announced two joint ventures that give its US subsidiary, Destiny Health, mainstream access to the world’s largest healthcare market.
Swaziland’s mountainous northern Hhohho Region, one of Southern Africa’s prime marijuana growing areas, is being targeted in a new strategy to convince farmers that now is the time to switch crops.
In starting up their own parties, Patricia de Lille and Peter Marais are indulging a long-established fashion in irrelevant politics. Not that the Pan Africanist Congress – from which Ms de Lille has withdrawn her often hypocritical expediencies – has ever been anything to write home about when it came to relevance.
Good legislation is made when it achieves the careful balances required to satisfy the different interests in society. Such balance means a law does not favour any particular interest group and therefore prejudice another.
At the halfway mark in the Super 12 there is a familiar look to the log. Four New Zealand sides occupy the top four positions, two Australian sides complete the top half and the four South African franchises run (and in some cases, limp) from
seventh to 10th place.
A former member of the African National Congress’s now defunct military wing, Umkhonto weSizwe, finds a rare point of agreement with a former conscript in the apartheid regime’s South African Defence Force who says: "We are sitting here, up shit creek, no paddles and there is nowhere to go.