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9 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4789
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South Africa: Homeowners Can Say Goodbye to Seven Boom Years

09.07.2008 18:17    allafrica.com
ON MONDAY, the blood still flowed on the JSE, although some of the banks' wounds were patched.


South Africa: Retailers Prefer Welfare to Price Control

09.07.2008 18:17    allafrica.com
RETAILERS would prefer the government to use social welfare measures -- rather than price-fixing -- to alleviate the effect of rising food prices.

South Africa: Telecoms Agency's Financial Chief in Trouble After Probe

09.07.2008 18:17    allafrica.com
AN INVESTIGATION of alleged financial mismanagement in a state body responsible for taking telecoms services to the poor will land its chief financial officer up in a disciplinary hearing.

South Africa: Mars, Wrigley Deal to Aid Growth

09.07.2008 18:17    allafrica.com
MARS Incorporated is set to buy iconic US chewing gum brand Wrigley for $23bn, making Mars the world's largest confectionery company.

South Africa: De Beers Shows Off Finsch Upgrade

09.07.2008 18:17    allafrica.com
DE BEERS unveiled its R630m Finsch mine treatment plant upgrade yesterday. It is designed to find more diamonds and use less water at its operation near Lime Acres, Northern Cape.

South Africa: Astrapak Plots Survival Strategies for Recession

09.07.2008 18:17    allafrica.com
THE newly appointed CE of plastic packaging manufacturer Astrapak, Marco Baglione, said yesterday the listed group has embarked on a series of reviews to come up with strategies to survive the downturn in the economy, which he warned could last

Namibia: Repo Men Busy as Economy Bites

09.07.2008 18:17    allafrica.com
THE number of cars repossessed by banks increased by 28 per cent during the first quarter of the year, according to the Bank of Namibia.

Zambia: Seven Die in Long Weekend Accidents

09.07.2008 18:17    allafrica.com
SEVEN people including a baby died in separate accidents during the long weekend while a man committed suicide by throwing himself into a river.

Zambia: Lumwana Transformer Gutted, Operations Stall

09.07.2008 18:17    allafrica.com
MAJOR operations at the Lumwana Mining Company in Solwezi have been suspended after fire swept through a 20MVA transformer and a 11kV substation, causing damage estimated to be in millions of dollars.

Namibia: Skorpion Sends MUN a Stinging Reply

09.07.2008 18:17    allafrica.com
THE management of Skorpion Zinc Mine has rejected a statement by the Mineworkers Union of Namibia's local branch as "childish and unfounded".

Namibia: Aircraft Crash Report Points to Pilot Error

09.07.2008 18:17    allafrica.com
THE first of a spate of light aircraft crashes that have happened in Namibia since October last year was probably the result of the use of a wrong mixture of fuel and air as the aircraft took off from Eros

South Africa: Listed Property 'Starting to Look Better'

09.07.2008 18:17    allafrica.com
SOUTH African listed property - which has now lost 37,1% of its value since November last year due to soaring inflation and interest rates - is starting to look attractive to investors, say analysts.

Mozambique: Increase in Rail Freight Traffic, But Only On Southern Lines

09.07.2008 18:17    allafrica.com
In the first five months of this year, Mozambique's rail systems handled 1.65 million tonnes of freight, an increase of 9.2 per cent on the figure for the same period in 2007, according to a report in Wednesday's issue of

South Africa: Some Would-Be Investors in Sasol Lose Out as Post Office is Swamped

09.07.2008 18:17    allafrica.com
SEVERAL prospective investors who tried to buy Sasol's Inzalo shares in the past few days may have missed out due to technical glitches at the Post Office.

Mozambique: Investments in Mining On the Increase

09.07.2008 18:17    allafrica.com
Investments in research and development of projects in the Mozambican mining sector have been growing every year since 2001, and by 2007 the total invested had reached 686 million US dollars.

South Africa: ICASA Thinks Again on Its BEE Demand

09.07.2008 18:17    allafrica.com
WIDESPREAD criticism of "unworkable" demands made on bidders for new licences to offer high-speed internet access have forced the regulator to reconsider its stance.

South Africa: All Sides 'Must Concede' on Trade

09.07.2008 18:17    allafrica.com
SA WAS prepared to make concessions to help push through a multilateral trade deal, but the ability of developing countries to move would be determined by what the US and the European Union were prepared to concede in terms of

South Africa: Slippery Customers

09.07.2008 18:17    allafrica.com
THE leaders of the Group of Eight (G-8) leading industrial nations have tried hard to talk down oil prices during their meeting in Japan, warning of the dangers to the world economy if prices stay too high for too long.

South Africa: Investor Service Warns of Recession This Year

09.07.2008 18:17    allafrica.com
SA COULD be heading into a recession before the end of this year, as higher interest rates and inflation curb consumer spending, Moody's Investors Service said yesterday.

South Africa: State Moots Inflation Increases for Grants

09.07.2008 18:17    allafrica.com
The possibility of increasing social grants to bring them in line with increases in the inflation rate was one of the options raised in a report on the effect of escalating food prices on the poor, health director-general Thami Mseleku

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