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World Bank viewed as arrogant -poll

6th June 2003 The World Bank spent $1-million to find out global opinion leaders think it arrogant, too bureaucratic, not effective enough against corruption and too closely tied to the US. 

Angola, Congo set up joint oil zone

6th June 2003 Congo and Angola have set up a joint development area similar to that set up by Nigeria and Sao Tome and Principe, ending a border dispute that had blocked deepwater oil exploration, officials said yesterday. 

Cosatu raises concern over plastic-bag enforcement

By: laurian clemence     6th June 2003 The Congress of South African Trade Unions (Cosatu) issued a statement yesterday saying that “urgent action” was needed on the implementation of the plastic bag agreement. 

Mvela invests in hospital group

By: Martin Czernowalow     6th June 2003 A consortium, made up of Medi-Clinic and a number of black empowerment organisations, has acquired a 67% share in the Curamed Group, making this the most significant black economic empowerment (BEE) transaction in the private hospital sector, it was announced yesterday. 

BCI falls to lowest level this year

By: Martin Czernowalow     6th June 2003 The South African Chamber of Business (Sacob) yesterday said its business confidence index (BCI) for May dropped by 4,4 index points, to 102,4 – its lowest level this year. 

New poverty-eradication project launched

By: Martin Czernowalow     6th June 2003 The National Development Agency (NDA), in partnership with the European Union (EU) and Gauteng Department of Social Services, is set to support a basket of new poverty eradication projects in Gauteng and KwaZulu-Natal provinces. 

Extensive domestic consultation planned around FTA

By: Terence Creamer     6th June 2003 The South African government plans to begin consultations with business, labour and civil society within weeks to get broad stakeholder input on the free trade agreement (FTA) talks now formally under way between the US and the Southern African Customs Union (Sacu). 

SA seeks social compact to fight unemployment

By: Shona Kohler     6th June 2003 Gallagher Estate in Midrand will, on Saturday, see the gathering of over 330 South African leaders from government, business, organised labour and community organisations at the long-awaited Growth and Development Summit. 

Iscor obtains court order against Numsa

6th June 2003 South African steel giant Iscor yesterday said it obtained a court interdict preventing members of the National Union of Metalworkers of South Africa (Numsa), participating in the Iscor strike, from engaging in unlawful protest activities. 

Countrywide sanitation receives shot in the arm

5th June 2003 Water Affairs and Forestry Minister Ronnie Kasrils announced a R321-million allocation to local government yesterday, to be spent on the provision of sanitation across the country for the 2003-04 financial year. 

Move to coordinate telecoms standards

5th June 2003 Global telecommunication networks and services organisation, the International Telecommunications Union (ITU), announced yesterday that it had established a formal relationship with consumer electronics makers and retailers body, Consumer Electronics Association (CEA). 

E Cape calls for bids for marine resort redevelopment

By: laurian clemence     5th June 2003 The Eastern Cape Development Corporation (ECDC) is currently seeking unsolicited bids from private sector entities to redevelop Mpekweni Marine Resort, near Port Alfred, in the Eastern Cape. 

BEE database for ICT sector launched

5th June 2003 The Department of Trade and Industry (DTI), in partnership with several non-profit industry organisations, including the BITF, EIF, IISA, ITA and SAEEC, has developed a database of black economic empowered (BEE) companies in the IT, telecommunications and electronics (ICTE) sectors. 

SA tractor sales down 11% in May

5th June 2003 South African tractor sales fell 11% in May compared to the same month a year ago because of lower crop prices, the South African Agricultural Machinery Association (Saama) said yesterday. 

Exxon Mobil strikes oil in Angola’s block 32

5th June 2003 Exxon Mobil on Tuesday said oil was discovered at Angola's Block 32, located 102 miles offshore, with its first exploration well there. 

SA, Brazil sign defence agreements

5th June 2003 Defence minister Mosiua Lekota says the co-operation agreement signed between South Africa and Brazil yesterday, marks a milestone in the development of bilateral relations between the two governments. 

Rural councils struggle with free water provision

5th June 2003 The South African Local Government Association (Salga) says around 50 municipalities in mostly rural communities are still battling to implement the free basic water policy. 

Talks collapse between Iscor and Numsa

5th June 2003 Talks between steel producer Iscor and the National Union of Metalworkers of South Africa (Numsa) aimed at resolving a nine-day strike have collapsed, the union said in a statement yesterday. 

SA to host big science gathering

5th June 2003 South Africa's Minister of Arts, Culture, Science and Technology Ben Ngubane will be hosting the general meeting of the Commonwealth Science Council (CSC) in Johannesburg from June 10-12, 2003. 

Trade and development initiative launched

5th June 2003 An initiative aimed at giving more emphasis to positioning trade negotiations as a key instrument of development policy in South Africa was recently launched by the South African Institute of International Affairs (SAIIA). 

DEAT mulls PBMR court ruling

By: Martin Czernowalow     5th June 2003 It is unclear what immediate effect a South African court’s decision will have on the country’s proposed pebble-bed modular reactor (PBMR), but, for the meantime, an environmental lobby group has failed to put a stop to the project. 

Black-owned market research house launched

5th June 2003 One of the first black South African-owned and managed black economic empowerment (BEE) market research companies in the country, African Response, was officially launched in Johannesburg yesterday. 

State’s IT provider makes play for African markets

5th June 2003 State IT solutions provider arivia.kom yesterday announced that it is well-positioned to realise its vision of being the dominant ICT solutions company in Africa. 

Engineering wage talks to continue next week

5th June 2003 Wage negotiations in the metal and engineering sector continued yesterday with Seifsa and six trade unions, representing 240 000 workers, meeting to discuss labour and industry demands. 

Polokwane budgets R38.2m for rural housing boom

4th June 2003 Polokwane intends building 1 700 houses in rural villages for the region's poorest residents. The ambitious R38,2-million municipal housing programme will, council spokesperson Manoko Matlala said yesterday, supplement similar provincial construction initiatives. 

Cape Town city council approves development projects

4th June 2003 Cape Town has approved a number of projects aimed at developing disadvantaged areas on the Cape Flats. 

Uganda seeks to attract SA investment

By: laurian clemence     4th June 2003 The Ugandan High Commissioner to South Africa, Joseph Tumasange, yesterday outlined various investment incentives designed to attract potential investors, including investors from South Africa. 

Tanzania receives $250m to reduce poverty

4th June 2003 The World Bank’s Board of Directors has approved this week $250,08-million to support efforts by the Tanzanian Government to reduce poverty in the country through an approach that involves the target population. 

Another IT empowerment deal concluded

4th June 2003 South African information technology group Paracon Holdings has announced that black empowerment group WDB Investment Holdings has acquired a 25% equity stake in Paracon by purchasing and subscribing for shares in the company at an average price of 48.7 cents. 

Technology to force early conversion from HCFCs

4th June 2003 The conversion of European plants manufacturing raw materials for rigid polyurethane foams may force South African industry to a much quicker adoption of new technology foam blowing agents that are replacing commonly used hydrochlorofluorocarbons (HCFCs), due to be banned in South Africa only... 

Nambia invites bids for cell operator

4th June 2003 Namibia's telecoms regulator, the Namibian Communications Commission (NCC), invited tenders yesterday for the country's second mobile licence, which is expected to be awarded before the end of 2003. 

Two bidders shortlisted for SNO

4th June 2003 South Africa said this week it had narrowed to two from four the number of bidders for a majority stake in the country's second full-service telecoms operator. 

SA’s circuit breaker firm wins US dumping battle

4th June 2003 The US International Trade Commission (ITC) has ruled in favour of Reunert’s company Circuit Breaker Industries (CBI), after one of its competitors claimed that CBI was selling its hydraulic-magnetic circuit breakers at less than fair value in the US. 

Yorkcor cries foul over exclusion from privatisation

By: Martin Czernowalow     4th June 2003 South African forestry company Yorkcor says it has been barred from competing in the privatisation of the State-owned Komatiland forests, and says it may take action to strike down the bidding process currently under way. 

New round of Seifsa-Numsa talks gets under way

By: Martin Czernowalow     4th June 2003 The second round of wage-bargaining negotiations, between the National Union of Metalworkers of South Africa (Numsa) and the Steel Engineering Industry Federation of South Africa (Seifsa), are due to start today, following a task group meeting yesterday. 

World Bank approves millions to strengthen Uganda’s local governments

4th June 2003 The World Bank’s Board of Directors yesterday approved a $125-million in funds to support the government of Uganda’s programme to empower its local governments, a key element of its strategy to reduce poverty. 

Strong rise in March steel imports may signal trend change

By: Terence Creamer     3rd June 2003 The month of March saw a strong rise in steel imports into South Africa and observers will be watching closely over the next few months to see whether the pattern is repeated in the second quarter. 

Automation contract awarded at smelter

3rd June 2003 Automation firm Streamworks has secured a second contract at Hillside Aluminium smelter, when it was selected by Murray and Roberts Engineering Solutions to design and implement substations for the Hillside 3 expansion project. 

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