CIL to form joint venture for acquiring coal in South Africa
Submitted by Malini Ranade on Mon, 01/02/2012 - 22:49.
Coal India (CIL) might be planning to set up a subsidiary for the purpose of acquiring coal assets South Africa through forming a joint venture with a local partner.
The Indian public sector unit was approached by the government of the South African state of Limpopo to form a joint venture (JV) with one of its public sector firms for acquiring coal mines in the province. Limpopo is the northernmost province of South Africa.
`I didn''t axe Katich,'' says Clarke
Submitted by Narinder Hans on Sat, 10/29/2011 - 14:48.
Durban (S. Africa), Oct. 29 : Australian cricket captain Michael Clarke has said he had nothing to do with the axing of opener Simon Katich from the national contracted players list, and added that Katich''s latest outburst were not good for the team''s morale, and therefore, he wouldn''t be rushing to bring him back into the national squad.
‘Dalai Lama''s SA visa application will not be made public
Submitted by Hardeep Sidhu on Mon, 10/03/2011 - 15:50.
Cape Town, Oct 3 : The South African government’s Department of International Relations and Cooperation has said it will not make Tibetan leader Dalai Lama’s visa application public.
"The visa application is undergoing normal processes, and the outcome will be communicated to the applicant," News 24 quoted department spokesperson Clayson Monyela, as saying.
The Dalai Lama has been invited to attend Archbishop Emeritus Desmond Tutu''s 80th birthday celebrations next weekend.
Briton seriously injured in a shark attack in Cape Town
Submitted by Rajvir Khanna on Thu, 09/29/2011 - 13:12.
42-year-old Michael Cohen from the UK has been seriously injured and is now fighting for his life after he faced a shark attack while swimming at Fish Hoek beach in Cape Town in South Africa.
Mr. Cohen was rescued by on looker after he went to the water ignoring shark warnings, according to the reports. National Sea Rescue Institute (NSRI) spokesman Craig Lambinon, speaking to the South African Press Association (Sapa), said that he was rescued by a bystander who could be identified as he left the scene
Africa aiming to host world’s largest radio telescope
Submitted by Jimmy Peterson on Thu, 09/15/2011 - 20:12.
South Africa, in partnership with eight other African countries is aiming to win the bid to host the world’s largest radio telescope.
The group is in competition with Australia and New Zealand, who are also bidding for the project. Experts say that if Africa aims to part of the scientific future then projects like the Square Kilometre Array (SKA) are essential for the continent to develop its capabilities and contribute to research.
Racism still prevalent in South Africa: Minister
Submitted by Hardeep Sidhu on Fri, 09/09/2011 - 16:43.
Pretoria, Sep 9 : Racism still prevails in South Africa's private sector, with some companies in the country monopolising the infrastructure, a minister has revealed to state-run news agency BuaNews.
Public Enterprises Minister Malusi Gigaba said: "A consideration is whether the private sector can be trusted to have the intrinsic interest of transformation at heart such as in our case, where racism still prevails, particularly in business and you have a few established companies monopolising the infrastructure."
Tata Motors Expand Vehicle Plant to South Africa
Submitted by Devang Murthy on Sat, 07/09/2011 - 23:36.
India’s Tata Motors has just announced on Thursday that it will open a brand new vehicle plant in South Africa. It will produce commercial vehicles and passenger vehicles, which are South Africa’s biggest export.
Tata Motors is India’s one of the largest vehicle manufacturer and is now hoping to expand its success in other parts of the world. The vehicle assembly in South Africa is expected to begin later this month.
Airtel Hoping to Seek More 3G Licenses in Africa
Submitted by Mitra Pathak on Thu, 06/09/2011 - 22:42.
Bharti Airtel is seeking to expand its 3G licenses to more place in Africa within the next year. 3G is the company’s biggest focus for the next year and Airtel is hoping to get more licenses in 16 more countries.
Manoj Kohlo, Chief Executive for International Operations, is worried that Zain’s tariff at 30-40% premium was not sustainable. Airtel bought Zain’s African business last year for $9 billion.
South African Bonds, Rand Trade Lower
Submitted by Shalini Kakkad on Wed, 04/13/2011 - 02:30.South Africa's government bonds, rand were traded at a lower rate on Monday. Dealers sold off some bonds on Monday which raised the yields to as much as 8.5 basis points .
In the early trade on Tuesday, the yield on the 2015 bond ZAR157 was up 3.5 basis points to 7.80% and that on the longer-dated 15-year debt ZAR186 climbed 5 basis points to 8.745 %.
Analysts say bonds could also be under pressure of some dealers regarding the rising oil price and the impact which these bonds could have on inflation. The rand ZARD3 was weaker against the dollar in overnight trade.
R102 Billion to be Pumped into the Economy over Next Five Years
Submitted by Shalini Kakkad on Wed, 04/13/2011 - 02:15.According to an announcement by Economic Development Minister Ebrahim Patel, over R100 billion will be put into the economy over the next five years in an effort to build business to reach a target of creating 5 million new jobs by the year 2020.
Patel admits that the goal for the jobs will be tough to make, but he did outline where the money would come from.
He said that in the next five years, he planned to raise R102 billion through the Industrial Development Corporation (IDC) in the form of new loans at discounted interest rates. Most of the jobs would come from the private sector, but the government would help by providing other resources like infrastructure.
Weight Loss whilst Marathon helps better running Time
Submitted by Piyush Diwan on Wed, 12/22/2010 - 04:17.
Marathoners who apparently lost the most body weight whilst a race completes it earlier than the rest.
It was further stated that their weight loss superseded the amount which has been suggested for best running performance, claims the study.
The weight loss can be observed as a reduced level of fluid intake or a faster rate of fluid loss.
Most of the runners are already warned to ''hydrate, hydrate, hydrate." But the recent study states that it might prove to be too much of a good thing for performance outcomes.
Ranbaxy's South African clinches $133 million order
Submitted by Piyush Diwan on Tue, 12/21/2010 - 01:36.
Pharma major Ranbaxy Laboratories on Monday claimed that its South Africa-based joint venture, Sonke Pharmaceuticals, has clinched a deal of 913.5 million rand ($133 million)which involved supplying anti-retroviral (ARV) drugs for protection against AIDS.
Anti-retroviral drugs are offered to protect against infection by retroviruses HIV.
The South African government has released an amount of 4.28 billion rand national ARV drugs deal prior to this.
Attached lookalikes at Bara
Submitted by Piyush Diwan on Fri, 11/19/2010 - 00:58.
A suite of conjoined lookalikes were endured on Monday at Chris Hani-Baragwanath Hospital.
The offspring’s are in the hospital’s elevated -care neonatal division and are connected at the chest and abdomen. Johanna More, Hospital CEO expressed that the infant’s mother is merely 15 years old, and the instance had been pass on to them through Klerksdorp. Ntombi Mekgwe, Gauteng MEC for Health and Social Development tomorrow, is outstanding to organize a press discussion where doctors concerned with the situation will give details of the babies’ state.
Bather to get affected because of sewage
Submitted by Piyush Diwan on Mon, 11/15/2010 - 22:29.
Deteriorating water quality on the beaches of South Africa is going to make it difficult for the bathers to use them during this summer. This is because of the leakage of sewage in the waters that have been happening constantly for over a year now.
A program named Blue Flag program was started to make these beached reach international standards.
Programme Manager of Blue Flag Alison Kelly has accepted that the quality of water has gone down in the last 10 years and this is the result of poor waste-water management.
Marico Gets Hold Of Health Care Brand ‘Ingwe’
Submitted by Keshav Seth on Sat, 08/14/2010 - 15:32.
Marico Ltd has announced that it has got hold of healthcare brand named 'Ingwe' from South Africa's Guideline Trading.
However, the country's fast moving consumer goods and personal care major has not revealed the sum of investment involved in the acquirement.
Over-the-counter healthcare brand Ingwe has a revenue of Rs 150 million and its array of products consists of immuno boosters.
Marico, which possesses hair and health care brands like Caivil, Black Chic and Hercules, forayed into the South African market in the year 2007.
South Africa celebrates first Mandela Day
Submitted by Amanda Lysak on Mon, 07/19/2010 - 17:40.
Government ministers joined in Sunday's nationwide day of public service in honor of Nelson Mandela's 92nd birthday, the South African government has said.
It was reported that Sunday was the first Mandela Day in South African, which is highlighted by everyone in the country putting in 67 minutes of community service.
Ministers worked in hospitals, distributed identification cards to rural residents and fixed up school buildings, said BuaNews, the South African government news service.
Shakira Impresses SRK And Family At FIFA
Submitted by Andy Cooper on Wed, 07/14/2010 - 18:03.
The Columbian pop singer Shakira has millions of fans all over the world and her song for FIFA World Cup 2010 has earned many more. The new addition in her fan list is `Bollywood Badshah' Shah Rukh Khan and his whole family, who met the singer during the FIFA in South Africa.
SRK was totally impressed by the `Hips Don't Lie' star and has promised to be her fan for his life. He met Shakira along with his kids Aryan and Suhana as well as wife Gauri.
Ford Ships 1st consignment
Submitted by Devang Murthy on Thu, 07/08/2010 - 08:33.
Ford India has produced its first small car in the all new Figo, and has already exported its first shipment to South Africa, a consignment of 1,200 Figos, on Monday.
The Figo is already topping the sales charts, and with the rising worldwide demand for compact vehicles, Ford India plans to accelerate their exports and enhance their business growth.
Wildlife officials searching for escaped lion in South Africa
Submitted by Neha Malik on Fri, 07/02/2010 - 12:29.
They were hunting a pride of lions that may have escaped from Kruger National Park or a nearby private reserve, said Wildlife officials in South Africa.
The Daily Telegraph reported on Thursday that public warnings were issued after the three adults and a cub were spotted roaming freely around villages in the Limpopo province.
Anti-rape condom "with teeth" to give painful memories to rapists
Submitted by Piyush Diwan on Tue, 06/22/2010 - 17:43.
According to the reports, a physician in South Africa says she has designed an anti-rape condom "with teeth" for women to insert, which latches itself to the skin of the attacker.
It has been reported that Dr. Sonnet Ehlers says the Rape-aXe is a latex female condom, which a woman inserts like a tampon. If the woman is raped, it latches itself to the skin of the attacker during penetration, causing immense discomfort to allow the victim to escape.
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